# INTERMEDIATE HOLDCO 149 LIMITED (11979519)

> INTERMEDIATE HOLDCO 149 LIMITED is an active private limited company (company number 11979519) incorporated on 3 May 2019, registered in Manchester. Its registered activity is construction of commercial buildings (SIC 41201). Latest small accounts cover the period ending 29 June 2025, showing net assets of −£16.80m and cash of £249, with 10 employees on average. Net assets fell 39% on the prior period (−£12.10m).

- Status: Active
- Incorporated: 2019-05-03
- Registered office: Manchester, M1 2JW
- SIC 41201: Construction of commercial buildings
- SIC 43320: Joinery installation
- Next accounts due: 2027-03-29
- Confirmation statement due: 2027-05-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 923 comparable companies in Manchester (median £2,549, upper quartile £38k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-29 | −£16.80m | £249 | — | £14.71m | — | — | 10 |
| 2024-06-30 | −£12.10m | £3,448 | — | £10.88m | — | — | 42 |

current ratio 0.47; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-16,800,176 at 29 June 2025
- Net assets down 25% or more on the prior period: -38.8% vs prior period
- Current assets below creditors within one year: Current ratio 0.47
- Incorporated five or more years ago: Incorporated 3 May 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Xpercity Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2026-09-07

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11979519
HTML: https://firmoscan.com/company/11979519-intermediate-holdco-149-limited