Company Overview
Xl London Market Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 29 August 1984, so this is a well established company. Xl London Market Group Limited has been in business for 39 years and 8 months. The accounts status is full and the accounts are next due on Thursday 30 September 2021.
Registered Address

20 Gracechurch Street, London, EC3V 0BG
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Companies House Data
Company NameXL LONDON MARKET GROUP LIMITED
Company Number01844295
Registered Office Address20 Gracechurch Street
 EC3V 0BG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/08/1984
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2021
Accounts Last Made Up Date31/12/2019
Accounts Account CategoryFULL
Returns Next Due Date16/02/2017
Returns Last Made Up Date19/01/2016
Directors & Members
Show Resigned
Mark Cummings - Director
(British, 50 years old, born September 1974)
None - Appointed 18 May 2020
Active
Christopher Read - Director
(British, 53 years old, born October 1971)
None - Appointed 18 May 2020
Active
Craig Standen - Director
(British, 47 years old, born June 1977)
Company Director - Appointed 18 May 2020
Active
Secretaries
Show Resigned
Marie Rees - Secretary
Appointed 01 September 2015
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2011 31-Dec-2010
Balance Sheet
Fixed Assets 236,761,000 236,761,000 236,761,000
Current Assets 43,568,000 43,568,000 39,378,000
Creditors Due Within One Year 14,516,000 14,516,000 26,467,000
Working Cap 29,052,000 29,052,000 12,911,000
Total Assets Less Current Liabilities 265,813,000 265,813,000 249,672,000
Long-term Liabilities 12,442,000 12,442,000 12,692,000
Net Assets 253,371,000 253,371,000 236,980,000
Share Capital & Reserves
Share Cap 180,801,000 180,801,000 180,801,000
Profit & Loss Reserves 52,762,000 52,762,000 52,762,000
Other Reserves 19,808,000 19,808,000 3,417,000
Shareholders Funds 253,371,000 253,371,000 236,980,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2011 31-Dec-2010
Tangible Fixed Assets - - -
Fixed Assets 84.5% 84.5% 85.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 15.5% 15.5% 14.3%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 15.5% 15.5% 14.3%
Creditors Due Within One Year 5.2% 5.2% 9.6%
Net Current Assets Liabilities 10.4% 10.4% 4.7%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 90.4% 90.4% 85.8%
Called Up Share Capital 64.5% 64.5% 65.5%
Share Capital Allotted Called Up Paid 64.5% 64.5% 65.5%
Profit Loss Account Reserve 18.8% 18.8% 19.1%
Shareholder Funds 90.4% 90.4% 85.8%
Capital Employed - - -
Total Assets Less Current Liabilities 94.8% 94.8% 90.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2011 31-Dec-2010
Liquidity Ratio 3.0 3.0 1.5
Solvency Ratio 10.4 10.4 7.1
Reserves to Assets 0.2 0.2 0.2
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-Dec-2019 31-Dec-2011 31-Dec-2010
Assets 280,329,000 280,329,000 276,139,000
Debt 26,958,000 26,958,000 39,159,000
Net Assets/Debt 253,371,000 253,371,000 236,980,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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. The balance sheet indicates the substantial net assets of a large company. 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 following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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. The balance sheet indicates the substantial net assets of a large company. 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 following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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. The balance sheet indicates the substantial net assets of a large company. 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
Other Business around EC3V 0BG
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20 Gracechurch Street, London, EC3V 0BG
CATLIN (NORTH AMERICAN) HOLDINGS LTD
C/O GRANT THORNTON UK LLP, 30 FINSBURY SQUARE, LONDON, EC3V 0BG
CATLIN SYNDICATE LIMITED
20 Gracechurch Street, London, EC3V 0BG
CATLIN HOLDINGS (UK) LIMITED
20 Gracechurch Street, London, EC3V 0BG
CATLIN UNDERWRITING
20 Gracechurch Street, London, EC3V 0BG
NEON MANAGEMENT SERVICES LIMITED
PARK GATE, 161-163 PRESTON ROAD, BRIGHTON, EAST SUSSEX, EC3V 0BG
CATLIN RISK SOLUTIONS LIMITED
20 GRACECHURCH STREET, LONDON, EC3V 0BG
CATLIN SYNDICATE 6112 LIMITED
20 GRACECHURCH STREET, LONDON, EC3V 0BG
BENTLEY SYSTEMS (UK) LIMITED
9th Floor No. 20, Gracechurch Street, London, EC3V 0BG
CATLIN (WELLINGTON) UNDERWRITING AGENCIES LIMITED
20 Gracechurch Street, London, EC3V 0BG
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Liquidators' statement of receipts and payments to 7 September 2022
Register inspection address has been changed to 20 Gracechurch Street London EC3V 0BG
Registered office address changed from 20 Gracechurch Street London EC3V 0BG United Kingdom to 30 Finsbury Square London EC2A 1AG on 14 September 2021
Appointment of a voluntary liquidator
Resolutions
Declaration of solvency
Director's details changed for Mr Mark Rankin Cummings on 19 March 2021
Statement by Directors
Statement of capital on 17 February 2021
Solvency Statement dated 22/01/21
Resolutions
Confirmation statement made on 19 January 2021 with no updates
Termination of appointment of Paul Richard Bradbrook as a director on 1 June 2020
Appointment of Mr Mark Rankin Cummings as a director on 18 May 2020
Appointment of Mr Craig Standen as a director on 18 May 2020
Appointment of Mr Christopher John Read as a director on 18 May 2020
Termination of appointment of Neil Donald Robertson as a director on 21 April 2020
Confirmation statement made on 19 January 2020 with no updates
Confirmation statement made on 19 January 2019 with no updates
Director's details changed for Neil Donald Robertson on 1 October 2017
Second filing for the appointment of Neil Donald Robertson as a director

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