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Xlet Limited

14872519

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

64 VERNIER CRESCENT, MILTON KEYNES, MK5 6FE
Incorporated 16/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Milorad Sijan

director · Since 16/05/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mrs Sanja Sijan

director · Since 13/06/2023

IT SUPPORT ANALYST

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Milorad Sijan

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

British · England · Age 59

64, Vernier Crescent, Milton Keynes, MK5 6FE

Notified 16/05/2023

Mrs Sanja Sijan

25–50% shares
25–50% votes

British · United Kingdom · Age 49

64, Vernier Crescent, Milton Keynes, MK5 6FE

Notified 16/05/2023

Charges1 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 08/12/2023Registered 13/12/2023

CompanyRankvs 71846+ SIC 68100 peers
37

Financial strength59th percentile among SIC peers · 15/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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71846Xlet Limited
47
How is this score calculated?
Financial strength15/25 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.

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.

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 31/05/2025

Net Worth

£3k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£11k

Current Liabilities

£98k

Fixed Assets

£193k

2avg. employees

Balance Sheet

Assets less current liabilities£106k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11+£5k
20240.04—

Derived from filed accounts. Not audited figures.