Excel Group Ltd
- Active
- Small
- 4 years
- 1 employee
- £423,691 (cur assets)
- 0-1m
- Regular importer
- Real address
- 1 director
- 1 owner
- Solo founder
- Manchester
- Rating 4.0 (112)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Excel Group Ltd, based in Manchester, UK, is a small, active company founded three years ago. With a single employee and £423,691 in assets, it's a solo founder operation managed by a director. The company boasts a solid 4.0 Google rating from 112 reviews and regularly imports electrical machinery and equipment – 16 months of import activity were recorded, with the latest in November 2024.
The company’s website showcases a wide range of electrical components, including consumer units, circuit protection devices, and surge protection devices. It appears to operate as a wholesale supplier, targeting electrical contractors and industrial customers. The site emphasizes stock availability and member accounts, suggesting a business-to-business model with a focus on recurring sales.
Financially, Excel Group Ltd's numbers present a mixed picture. Current assets have increased dramatically, jumping 540% to £420,000, while net assets have decreased by 360% to -£68,000. This significant equity drop is concerning, although it could be due to increased investment in inventory or trade debtors, which have increased by 2,400% to £140,000. Bank borrowings have also risen significantly, increasing by 360% to £54,000. Creditors have increased by 560% to £540,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in equity warrants closer examination. As a small company, it is exempt from an audit, so the financial data is unaudited.
The company's focus on electrical components and its growing trade debtors suggest it's actively pursuing sales, but the increased debt and declining equity raise questions about its financial sustainability. It’s likely that the company is investing heavily in its inventory and sales, but whether it can convert those sales into profits remains to be seen.
Registered in England/Wales under the registration number 13826284, with a registered address at M17 1DB, England, Manchester, 15 Fourth Avenue, Trafford Park.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2025-08-15 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-12-31Download 8 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 7 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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