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Xpress Developments Ltd

12963579

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 CRAMPTON ROAD, LONDON, SE20 7AR
Incorporated 20/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Virgil Daniel Musat

director · Since 20/10/2020

DIRECTOR

ROMANIAN · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Virgil Daniel Musat

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

Romanian · England · Age 36

1, Crampton Road, London, SE20 7AR

Notified 20/10/2020

Charges3 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC, BIRMINGHAM MIDSHIRES DIVISION

Created 27/04/2026Registered 29/04/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/04/2026Registered 16/04/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 28/06/2022Registered 29/06/2022

CompanyRankvs 99196+ SIC 68100 peers
35

Financial strength70th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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99196Xpress Developments Ltd
40
How is this score calculated?
Financial strength18/25 pts

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

Employees0/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£18k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£180k

Working capital

Current Assets

£188k

Current Liabilities

£368k

Fixed Assets

£334k

Balance Sheet

Assets less current liabilities£154k
Signed by V D Musat 7 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51+£61k
20240.11-£50k
20231.14—
20220.03—

Derived from filed accounts. Not audited figures.