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Minimal X Limited

14806216

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 9, CENTRAL PARK, LONDON, NW10 7FY
Incorporated 16/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Joe James Allum

director · Since 16/04/2023

DESIGNER

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Patrick Christopher Bion

director · Since 16/04/2023

DESIGNER

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Liam Sill

director · Since 14/08/2023

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 38

Dr Reuben Wilcock

director · Since 01/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Former PSCs

Mr Patrick Christopher Bion

Ceased 01/04/2025

Mr Joe James Allum

Ceased 01/04/2025

Liam Sill

Ceased 09/05/2024

Mr Liam Sill

Ceased 01/04/2025

CompanyRankvs 698+ SIC 71121 peers
77

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 51.44× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Longevity3/15 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 30/04/2025

Net Worth

£2.3M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.3M

Current Liabilities

£44k

Fixed Assets

£23k

Debtors

£218k

11avg. employees-2

Director Loans

Company owes directors£13k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mr Patrick Bion 22/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202551.44+£2.1M
20243.80

Derived from filed accounts. Not audited figures.