The Firmwatch take
Alaxi Limited (SC587547) currently shows: Watch signal detected, based on accounts to 28 February 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 28 Feb 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
1 February 2018
8 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
£42k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Construction Main Contractors
How this company compares in 107,423 filers in this sector
Top 10% in sector — Alaxi Limited shows £42k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£42k
Top 10% in sector · sector median £2k · 107,423 filers in this sector
Cash
Not disclosed
Working cap.
−£682k
Median £4k
Current ratio
0.0×
Median 1.2×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · EH1 2BB
260 other UK companies registered at this postcode.
Active
240
Dissolved
10
Strike-off action
10
People
Who runs this company
- BP
BURNS, Patrick
director · since 2025
Registered office
Address intelligence
260 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.