Company Overview
Xit2 Limited is a Dissolved Private Limited Company.
Registered Address

Queens House, 8-9 Queen Street, London, EC4N 1SP
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Companies House Data
Company NameXIT2 LIMITED
Company Number03469861
Registered Office AddressQueens House
 8-9 Queen Street
 EC4N 1SP
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date21/11/1997
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2019
Accounts Last Made Up Date31/12/2017
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date19/12/2016
Returns Last Made Up Date21/11/2015
Previous Company NameChanged Date
EXCHANGE IT LIMITED15 Aug 2000
Directors & Members
Show Resigned
Cecil Ferguson - Director
(British, 77 years old, born December 1949)
Appointed 08 April 2014
 Active
Secretaries
Show Resigned
Other Company Directorships
Cecil Ferguson
AGHOCO 1204 LIMITED
AMI - THE ADVANCE GROUP LIMITED
BUSINESS DESIGNS LIMITED
CONVEYANCING PORTAL LIMITED
DIDATA LIMITED
EDM BUSINESS SERVICES HOLDINGS LIMITED
EDM GLOBAL SERVICES LIMITED
EDM GROUP (HOLDINGS) LIMITED
EDM GROUP LIMITED
EDM RECORDS MANAGEMENT LIMITED
EXCHANGE IT LIMITED
FILING PLUS GROUP LIMITED
FILING PLUS LIMITED
I-ENABLE.CO.UK LIMITED
KHAOS TECHNOLOGIES LIMITED
MFS GROUP LIMITED
MICRO-IMAGE BUSINESS SOLUTIONS LIMITED
SALA IMAGING LIMITED
SALA INTEGRATED INFORMATION MANAGEMENT LIMITED
SCAN IMAGE SOLUTIONS UK LIMITED
STOR-WAVE COMPUTER SOLUTIONS LIMITED
STORWAVE LIMITED
THE CONVEYANCING EXCHANGE LIMITED
THE HIP EXCHANGE LIMITED
THE HOME ENERGY EXCHANGE LIMITED
THE REPORT EXCHANGE LIMITED
THE REPOSSESSION EXCHANGE LIMITED
THE SIP EXCHANGE LIMITED
THE VALUATION EXCHANGE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 2,137 2,137 2,137
Current Assets 1,257,000 1,257,000 1,257,000
Creditors Due Within One Year 127,084 127,084 127,084
Working Cap 1,129,916 1,129,916 1,129,916
Total Assets Less Current Liabilities 1,132,053 1,132,053 1,132,053
Long-term Liabilities 0 0 0
Net Assets 1,132,053 1,132,053 1,132,053
Share Capital & Reserves
Share Cap - 166 166
Profit & Loss Reserves - 1,131,887 1,131,887
Other Reserves - 0 0
Shareholders Funds 1,132,053 1,132,053 1,132,053
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 0.2% 0.2% 0.2%
Stocks Inventory - - -
Debtors 99.8% 99.8% 99.8%
Cash Bank In Hand - - -
Current Assets 99.8% 99.8% 99.8%
Creditors Due Within One Year 10.1% 10.1% 10.1%
Net Current Assets Liabilities 89.7% 89.7% 89.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - 89.9% 89.9%
Called Up Share Capital - 0.0% 0.0%
Share Capital Allotted Called Up Paid - 0.0% 0.0%
Profit Loss Account Reserve - 89.9% 89.9%
Shareholder Funds 89.9% 89.9% 89.9%
Capital Employed - - -
Total Assets Less Current Liabilities 89.9% 89.9% 89.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016 31-Dec-2015
Liquidity Ratio 9.9 9.9 9.9
Solvency Ratio 9.9 9.9 9.9
Reserves to Assets - 0.9 0.9
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016 31-Dec-2015
Assets 1,259,137 1,259,137 1,259,137
Debt 127,084 127,084 127,084
Net Assets/Debt 1,132,053 1,132,053 1,132,053
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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EDM RECORDS MANAGEMENT LIMITED
EDM HOUSE, VILLAGE WAY, BILSTON, WOLVERHAMPTON, EC4N 1SP
THE REPOSSESSION EXCHANGE LIMITED
Queens House, 8-9 Queen Street, London, EC4N 1SP
THE VALUATION EXCHANGE LIMITED
Queens House, 8-9 Queen Street, London, EC4N 1SP
FILING PLUS LIMITED
EDM HOUSE, VILLAGE WAY, BILSTON, WOLVERHAMPTON, EC4N 1SP
PENDEEN REAL ESTATE MANAGEMENT LIMITED
5TH FLOOR QUEENS HOUSE, 8 - 9 QUEEN STREET, LONDON, CITY OF LONDON, EC4N 1SP
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 21 November 2018 with no updates
Director's details changed for Mr Cecil Jenkin Ferguson on 18 October 2018
Confirmation statement made on 21 November 2017 with no updates
Confirmation statement made on 21 November 2016 with updates
Termination of appointment of Richard Mark Lea Jones as a director on 2 December 2015
Annual return made up to 21 November 2015 with full list of shareholders
Annual return made up to 21 November 2014 with full list of shareholders
Termination of appointment of Stuart Webster as a director
Termination of appointment of Mark Blackwell as a director
Appointment of Mr Cecil Jenkin Ferguson as a director
Appointment of Mr Richard Mark Lea Jones as a director
Registered office address changed from 5 Fleet Place London EC4M 7RD on 10 April 2014
Satisfaction of charge 4 in full
Annual return made up to 21 November 2013 with full list of shareholders
Termination of appointment of Sally Richards as a director
Termination of appointment of Robin Pimenta as a director
Termination of appointment of Robin Pimenta as a secretary
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