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Project X Holdings Limited

16190928

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

REEDHAM HOUSE, MANCHESTER, M3 2PJ
Incorporated 17/01/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Simon Russell Newton

director · Since 17/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mr Ciaran Kenny

director · Since 11/04/2025

DIRECTOR

IRISH · SPAIN · Age 67

Persons with Significant Control

Mr Simon Russell Newton

75–100% shares
75–100% votes
Appoint directors

British · England · Age 59

13, Village Close, Belsize Lane, London, NW3 5AH

Notified 17/01/2025

Charges1 outstanding

Charge
outstanding

EVBL (GENERAL PARTNER EV SME LOANS II) LIMITED ACTING ON BEHALF OF AND IN ITS CAPACITY AS GENER

Created 11/04/2025Registered 23/04/2025

CompanyRankvs 23560+ SIC 64209 peers
39

Financial strength80th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

Longevity1/15 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 31/12/2025

Net Worth

£414k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

-£729k

Working capital

Current Assets

£178k

Current Liabilities

£907k

Debtors

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.20

Derived from filed accounts. Not audited figures.