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Xcellerate Labs Ltd

13503494

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

BARTLE HOUSE, MANCHESTER, M2 3WQ
Incorporated 09/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Edward Galvan

director · Since 09/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Edward Galvan

25–50% shares
25–50% votes

British · England · Age 53

Bartle House, Oxford Court, Manchester, M2 3WQ

Notified 09/07/2021

CompanyRankvs 15+ SIC 62020 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity2/20 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£120k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£193k

Working capital

Current Assets

£141k

Current Liabilities

£335k

Fixed Assets

£74k

Debtors

£130k

5avg. employees

Tax at Year End(2023)

Corp tax£822

Director Loans(2023)

Company owes directors£2k

Balance Sheet

Intangible assets£51k
Assets less current liabilities-£120k
Signed by Mr Edward Galvan 24 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£212k
20231.13

Derived from filed accounts. Not audited figures.