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Xworks Trading Ltd

14900995

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 29/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services
46770
Wholesale of waste and scrap

Officers

Mr Alexander David Hall

director · Since 29/05/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Alexander David Hall

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

British · United Kingdom · Age 53

14, Shermanbury Road, Worthing, BN14 7HR

Notified 29/05/2023

CompanyRankvs 2522+ SIC 39000 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.4× · 2/20
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 strength1/25 pts

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

Employees5/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£22k

Current Liabilities

£56k

1avg. employees

Balance Sheet

Assets less current liabilities-£34k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40-£53k
20231.47

Derived from filed accounts. Not audited figures.