Xyb Limited
14610499
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 22/01/2026
Due 05/02/2027
Industry
Officers
director · Since 30/04/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 7 other boards
director · Since 30/04/2024
INVESTOR
BRITISH · ENGLAND · Age 38
Also on 4 other boards
director · Since 27/09/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Mr. Derek Joyce
Australian · United States · Age 44
Eagle House, 163 City Road, London, EC1V 1NR
Notified 30/04/2024
Former PSCs
Mr Norris Koppel
Ceased 30/04/2024
Monese Ltd
Ceased 28/04/2024
Charges0 outstanding
TERA VENTURES OPPORTUNITY USALDUSFOND
ICON FINANCIAL HOLDINGS LIMITED
KREOS CAPITAL VI (UK) LIMITED
CompanyRankvs 209490+ SIC 62090 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the timing of securing additional funding remains materially uncertain and may impact the Company’s ability to continue as a going concern (see Note 2.3 to the financial statements). ∙ Commercial traction and revenue generation risk: The Company’s ability to achieve its business plan is dependent on developing its commercial pipeline in
Key FinancialsYear ending 31/12/2024
Turnover
£6.0M
Annual revenue
Net Worth
£12.1M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£7.6M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£6.8M
Current Liabilities
—
Debtors
£1.4M
Admin Expenses
£14.1M
Operating Profit
-£7.6M
Profit After Tax
-£7.4M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£11.0M |
| 2023 | 0.80 | — |
Derived from filed accounts. Not audited figures.