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2xm Developments Limited

16034934

active
Private Limited Company
england wales
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

REDWOODS ACCOUNTANTS 2 CLYST WORKS, EXETER, EX3 0DB
Incorporated 22/10/2024

Compliance

Next accounts due

22/07/2026

On track

Confirmation statement

Last: 21/10/2025

Due 04/11/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Andrew Philip Murray

director · Since 22/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Mr Morgan Murray

director · Since 22/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Andrew Philip Murray

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

British · England · Age 52

Redwoods Accountants, 2 Clyst Works, Exeter, EX3 0DB

Notified 22/10/2024

Mr Morgan Murray

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

British · United Kingdom · Age 61

Redwoods Accountants, 2 Clyst Works, Exeter, EX3 0DB

Notified 22/10/2024

CompanyRankvs 58218+ SIC 41202 peers
35

Financial strength12th percentile among SIC peers · 3/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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582182xm Developments Limited
30
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 31/03/2026

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£44k

Current Liabilities

£50k

2avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by 16034934 2024-10-22 2026-03-31 16034934 2026-03-31 16034934 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20260.86

Derived from filed accounts. Not audited figures.