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Targa X Limited

13201223

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

VALENTINE & CO GALLEY HOUSE, BARNET, EN5 5YL
Incorporated 15/02/2021

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 23/05/2025

Due 06/06/2026

Overdue

Industry

43999
Specialised construction activities

Officers

Mr Luke Thomas Peter Woods

director · Since 15/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Craig Belsey

director · Since 01/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Mr Gareth Graham Bough

director · Since 01/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Luke Thomas Peter Woods

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

Valentine & Co, Galley House, Barnet, EN5 5YL

Notified 15/02/2021

Mr Craig Belsey

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Valentine & Co, Galley House, Barnet, EN5 5YL

Notified 06/04/2022

Mr Gareth Graham Bough

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

Valentine & Co, Galley House, Barnet, EN5 5YL

Notified 06/04/2022

Insolvency History1 case

members voluntary liquidation03/07/2025

Mark Reynolds (practitioner)

CompanyRankvs 15+ SIC 43999 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity5/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£951k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£662k

Working capital

Current Assets

£1.6M

Current Liabilities

£912k

Fixed Assets

£288k

Debtors

£451k

6avg. employees

Balance Sheet

Assets less current liabilities£951k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73+£915k
20231.73—

Derived from filed accounts. Not audited figures.