Exchange Communications Group Limited

Exchange Communications Group Ltd is a small, active company based in Bicester, UK, founded ten years ago in 2014. It holds £3,652,162 in assets and operates from a real address, with two directors and one owner – a solo founder. The company's status is active, and it's classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It operates in the activities of other holding companies.

The company's website highlights its focus on delivering telecom and smart connectivity solutions to businesses worldwide. It offers voice solutions, public sector services, collaboration tools, connectivity, and managed services. It appears to be a business-to-business provider, not an e-commerce site selling directly to consumers. The site emphasizes strategic partnerships and customer success stories, suggesting a focus on building relationships and providing tailored solutions. It’s a complex business model, with several divisions, including Exchange Communications Limited, Della Luce Limited, Exchange Managed Services Limited, Exchange Communications Support Limited, and Exchange Communications Installations Limited.

Financially, Exchange Communications Group Ltd presents a mixed picture. While cash bank on hand increased by 33% to £910,000, and current assets rose by 14% to £3.7 million, other indicators are concerning. Amounts owed by associates jumped significantly to £150,000, and amounts owed to group undertakings increased by 16% to £3.1 million. Property, plant, and equipment saw a dramatic 71% decrease, falling to just £10,000, and net current assets liabilities rose by 7%. The company's reliance on bank borrowings is also apparent, with a 2,400% increase to £29,000. The lack of employees (zero reported) hints at a lean operation. The accounts are unaudited, and no auditor is mentioned, likely due to the company's small size.

In short, Exchange Communications Group Ltd appears to be navigating a period of change. While its core business seems to be thriving, the financial data suggests potential pressures and a need for careful management. The company's diverse range of services and strategic partnerships offer a foundation for future growth, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 09294667, with a registered address at OX26 6BS, Bicester, Oxford, 5 Chapel Mews, Chapel Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.