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Saxel Limited

13656346

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

23-24 MIDDLETON PARK CIRCUS, LEEDS, LS10 4LX
Incorporated 01/10/2021

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

47730
Dispensing chemist in specialised stores
86900
Other human health activities

Officers

Mrs Sola Abuede

director · Since 01/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Solomon Abuede

director · Since 01/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Mr Nnamdi Kanayo Chineme

director · Since 01/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mrs Ugochi Thelma Chineme

director · Since 01/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Nnamdi Kanayo Chineme

Appoint directors

British · England · Age 44

23-24, Middleton Park Circus, Leeds, LS10 4LX

Notified 01/10/2021

Mrs Ugochi Thelma Chineme

Appoint directors

British · England · Age 42

23-24, Middleton Park Circus, Leeds, LS10 4LX

Notified 01/10/2021

Mrs Sola Abuede

Appoint directors

British · England · Age 39

23-24, Middleton Park Circus, Leeds, LS10 4LX

Notified 01/10/2021

Mr Solomon Abuede

Appoint directors

British · England · Age 42

23-24, Middleton Park Circus, Leeds, LS10 4LX

Notified 01/10/2021

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/08/2023Registered 05/09/2023
Charge
outstanding

LLOYDS BANK PLC

Created 31/08/2023Registered 05/09/2023
Charge
outstanding

LLOYDS BANK PLC

Created 23/08/2023Registered 30/08/2023

CompanyRankvs 4638+ SIC 47730 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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 31/10/2024

Net Worth

-£249k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£758k

Working capital

Current Assets

£349k

Current Liabilities

£1.1M

Fixed Assets

£794k

Debtors

£233k

11avg. employees+6

Director Loans

Directors owe company£790

Balance Sheet

Intangible assets£763k
Assets less current liabilities£36k
Signed by Solomon Abuede Nnamdi Chineme 22/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£153k
20230.35-£92k
20220.87

Derived from filed accounts. Not audited figures.