Nxl Europe Ltd

Nxl Europe Ltd, based in Stoke On Trent, UK, is a small, active company founded seven years ago in 2017. With just two employees and £33,484 in assets, it operates from a virtual address – sixty other companies share the same location, which is a bit odd. The company is managed by one director and one owner, though it's worth noting that the owner list isn’t exhaustive.

Nxl Europe Ltd is involved in the import and export of toys, games, and sports equipment, though its activity is irregular – one month of imports and two months of exports were recorded. The company’s website reveals a much larger operation, the National Xball League (NXL), a professional paintball league with events across the US and Europe. The NXL website showcases a complex ecosystem of teams, sponsors, vendors, and events, with a strong focus on community and competition. It’s clear that Nxl Europe Ltd likely serves as a European arm of this larger organization, facilitating events and managing relationships within the region. The site is very professional and well-designed, with a lot of content and a clear focus on engaging fans and participants.

Financially, Nxl Europe Ltd’s recent performance paints a mixed picture. Cash bank on hand increased significantly by 240%, reaching £21,000, which is good news. However, current assets also increased by 240%, reaching £33,000. Bank borrowings also increased by 34%, reaching £10,000. Creditors decreased by 1.6%, and net assets remained unchanged at -£1,000,000. 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 stay nimble, but the unchanged equity raises some questions. There was a significant decrease in average number of employees during the period, dropping by 50%. The company is exempt from an audit, so the figures are unaudited.

Overall, Nxl Europe Ltd appears to be a small but vital part of a larger, thriving organization. While the financials show some pressures, the company’s involvement in the popular NXL paintball league suggests a stable and potentially lucrative future.

Registered in England/Wales under the registration number 11069071, with a registered address at ST4 6SR, England, Stoke On Trent, Staffordshire, C/O Dpc Accountants Stone House, 55 Stone Road Business Park.

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