£56k
1 period on recordActive16336979Private limited companyLondon
XENET LTD
Significant control: Andrew Babatunde Olowude (25–50%), Gregory David Cussell (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Information technology consultancy activities (SIC 62020). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
XENET LTD is an active private limited company (company number 16336979) incorporated on 24 March 2025, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 March 2026, showing net assets of £56k and cash of £93k, with 2 employees on average.
Peer position · net assets
By net assets it sits in the top quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).
02
Ownership and control
- Mr Andrew Babatunde Olowude
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Gregory David Cussell
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 24 March 20251 yr ago
- Next accounts due
- 31 December 2027in 434 days
- Confirmation statement due
- 7 April 2027in 166 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£93k
1 period on recordNot reported
2
1 period on record| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2026 | £56k | £93k | £2,500 | £39k | — | — | 2 |
Current ratio2.44Current assets ÷ creditors within one year
Cash per employee£46kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £56,088 at 31 March 2026
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.44
- Cash at bank of £50,000 or moreCash £92,534
- Incorporated less than two years agoIncorporated 24 March 2025; no accounts due yet
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 434 days
- Confirmation statement duein 166 days
- Accounts period endNet assets £56k · small accounts
- Incorporated
08
Similar companies in London
09
Reminders for XENET LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.