Back to search

Xera Innovations Limited

13704887

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 1C EAGLE INDUSTRIAL ESTATE, WITNEY, OX28 4YR
Incorporated 26/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Stuart Edwards

director · Since 26/10/2021

CEO

BRITISH · ENGLAND · Age 58

Mr Craig Allistair Strachan

director · Since 26/10/2021

CTO

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

Stuart Edwards

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

British · England · Age 58

Unit 1c, Eagle Industrial Estate, Witney, OX28 4YR

Notified 26/10/2021

Craig Strachan

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

British · England · Age 44

Unit 1c, Eagle Industrial Estate, Witney, OX28 4YR

Notified 26/10/2021

CompanyRankvs 8951+ SIC 62012 peers
72

Financial strength83th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.77× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£62k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£71k

Current Liabilities

£9k

Fixed Assets

£450

Debtors

£61k

2avg. employees

Balance Sheet

Intangible assets£450
Assets less current liabilities£62k
Signed by Mr Craig Strachan 18 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.77+£28k
20237.11

Derived from filed accounts. Not audited figures.