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Excelite Ltd

12920598

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 01/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Rehan Ali

secretary · Since 01/10/2020

Also on 1 other board

Mrs Abeda Parveen Akram

director · Since 01/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Mr Rehan Ali

director · Since 01/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Rehan Ali

25–50% shares
25–50% votes

British · United Kingdom · Age 46

124 City Road, London, EC1V 2NX

Notified 01/10/2020

Mrs Abeda Parveen Akram

25–50% shares
25–50% votes

British · United Kingdom · Age 47

124 City Road, London, EC1V 2NX

Notified 01/10/2020

CompanyRankvs 35665+ SIC 62020 peers
67

Financial strength63th percentile among SIC peers · 16/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£13k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£26k

Current Liabilities

£15k

Fixed Assets

£2k

Debtors

£10k

3avg. employees+2

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£21k

Balance Sheet

Assets less current liabilities£13k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.76+£3k
20231.40+£7k
20221.21-£21k
20212.32

Derived from filed accounts. Not audited figures.