Company Overview
Ax Capital Ventures Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 04 December 2017, so this is a well established company. Ax Capital Ventures Limited has been in business for 8 years and 3 months. The accounts status is total exemption full and the accounts are next due on Thursday 29 February 2024.
Registered Address

The Lexicon Second Floor, Mount Street, Manchester, M2 5NT
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Companies House Data
Company NameAX CAPITAL VENTURES LIMITED
Company Number11094027
Registered Office AddressThe Lexicon Second Floor
 Mount Street
 M2 5NT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/12/2017
Accounting Reference Date Day29
Accounting Reference Date Month5
Accounts Next Due Date29/02/2024
Accounts Last Made Up Date31/05/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/01/2019
Directors & Members
Show Resigned
Elliot Ingleby - Director
(British, 60 years old, born August 1966)
Appointed 01 January 2022
Active
Cheryl Wilkinson - Director
(British, 56 years old, born October 1970)
Appointed 04 December 2017
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Elliot Ingleby
UCVME LIMITED
Cheryl Wilkinson
CONNECT GROUP MEDIA LTD
Balance Sheet Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Balance Sheet
Fixed Assets 100 100 100
Current Assets 658,928 657,767 708,315
Creditors Due Within One Year 76,901 59,070 70,023
Working Cap 582,027 598,697 638,292
Total Assets Less Current Liabilities 582,127 598,797 638,392
Long-term Liabilities 48,132 45,833 1,051,600
Net Assets 533,995 552,964 -413,208
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 533,995 552,964 -413,208
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 99.9% 99.9% 92.9%
Cash Bank In Hand 0.0% 0.0% 7.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 11.7% 9.0% 9.9%
Net Current Assets Liabilities 88.3% 91.0% 90.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 81.0% 84.1% -58.3%
Capital Employed - - -
Total Assets Less Current Liabilities 88.3% 91.0% 90.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Liquidity Ratio 8.6 11.1 10.1
Solvency Ratio 5.3 6.3 0.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Assets 659,028 657,867 708,415
Debt 125,033 104,903 1,121,623
Net Assets/Debt 533,995 552,964 -413,208
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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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Document Filings
Registered office address changed from 1st Floor 49 Peter Street Manchester M2 3NG England to The Lexicon Second Floor Mount Street Manchester M2 5NT on 18 June 2024
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 11 December 2023 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 11 December 2022 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 11 December 2021 with no updates
Appointment of Mr Elliot Ingleby as a director on 1 January 2022
Termination of appointment of Raymond Ingleby as a director on 1 January 2022
Confirmation statement made on 11 December 2020 with updates
Confirmation statement made on 11 December 2019 with updates
Previous accounting period shortened from 30 May 2019 to 29 May 2019
Registered office address changed from 6th Floor, Blackfriars House Parsonage Manchester M3 2JA United Kingdom to 1st Floor 49 Peter Street Manchester M2 3NG on 10 June 2019
Current accounting period extended from 31 December 2018 to 30 May 2019
Confirmation statement made on 11 December 2018 with no updates
Director's details changed for Miss Cheryl Wilkinson on 11 December 2018
Director's details changed for Mr Raymond Ingleby on 11 December 2018
Termination of appointment of Graham Pearson as a director on 26 September 2018

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