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X1 Michigan Towers Limited

11869925

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

116 DUKE STREET, LIVERPOOL, L1 5JW
Incorporated 08/03/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mrs Lisa Mary Smith

director · Since 08/03/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 29 other boards

Persons with Significant Control

X1 Property Management Limited

75–100% shares
75–100% votes
Appoint directors

116 Duke Street, Liverpool, L1 5JW

Reg: 10246071 · England And Wales · Limited

Notified 20/06/2025

Former PSCs

Mrs Lisa Mary Smith

Ceased 20/06/2025

Charges4 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 31/03/2026Registered 09/04/2026
Charge
satisfied

MS LENDING GROUP LIMITED

Created 30/09/2025Registered 06/10/2025Satisfied 31/03/2026
Charge
outstanding

MS LENDING GROUP LIMITED

Created 30/09/2025Registered 06/10/2025
Charge
outstanding

STARLIGHT MICHIGAN TOWERS PROPCO LIMITED

Created 16/02/2024Registered 22/02/2024
Charge
outstanding

LW STA 2 LIMITED

Created 16/02/2024Registered 19/02/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 20/03/2023Registered 05/04/2023Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 20/03/2023Registered 05/04/2023Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/08/2022Registered 12/09/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/08/2022Registered 09/09/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/08/2022Registered 06/09/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/04/2022Registered 13/04/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/04/2022Registered 13/04/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/04/2022Registered 13/04/2022Satisfied 31/03/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/12/2020Registered 18/01/2021Satisfied 31/03/2026

CompanyRankvs 111442+ SIC 68100 peers
31

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£369k

Cash in the bank

Net Current Assets

-£9.9M

Working capital

Current Assets

£53.0M

Current Liabilities

£62.9M

Debtors

£6.8M

0avg. employees

Balance Sheet

Assets less current liabilities-£9.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.84
20231.00
20220.96
20210.95
20201.00

Derived from filed accounts. Not audited figures.