Back to search

2xl Capital Partners Ltd

12458454

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR THE COADE, LONDON, SE11 5EL
Incorporated 12/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Jamil Barraj

director · Since 12/02/2020

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Jamil Barraj

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

British · England · Age 63

3rd Floor, The Coade, London, SE11 5EL

Notified 12/02/2020

Former PSCs

Mr Sari Maher Anabtawi

Ceased 01/08/2022

CompanyRankvs 1666+ SIC 70221 peers
64

Financial strength89th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.52× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Jackson Trading Company Plc
90
2Nfp Financial Planning Limited
90
3Lefa Enterprises Limited
90
4Sphere Entertainment Limited
90
5Premier Financial Management Ltd
90
6Kh One Limited
90
7Iam Invest Ltd
90
8Condy Mathias Financial Planners Limited
90
9Wealth Club Asset Management Limited
90
10David Williams I F A Limited
90
16662xl Capital Partners Ltd
74
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern The company is reliant on a small number of customers which may cast doubt on the Company 's ability to continue as a going concern. We draw attention to the going concern note 2.2 in the financial

Key FinancialsYear ending 31/12/2023

Turnover

£176k

Annual revenue

Net Worth

£167k

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

£11k

Bottom line earnings

Net Current Assets

£194k

Working capital

Current Assets

£270k

Current Liabilities

£77k

Fixed Assets

£2k

Debtors

£247k

Gross Profit

£176k

Admin Expenses

£165k

Operating Profit

£11k

Profit After Tax

£6k

2avg. employees

Tax at Year End

Corp tax£17k

People Costs

Wages & salaries£43k
NI contributions£4k

Balance Sheet

Assets less current liabilities£196k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20233.52+£6k
20224.66+£73k
20211.38—
20201.00—

Derived from filed accounts. Not audited figures.