Vector X-cel Ltd

Vector X-cel Ltd, based in Rotherham, UK, is a sizable holding company with an active status. Established six years ago in 2019, the company employs sixty-two people and holds £8,582,588 in assets. It operates from a real address and is overseen by five directors and two owners. The company regularly imports optical and medical tools and devices, with the last import operation occurring in November 2024, and exports machinery, boilers, and mechanical appliances—parts, with the last export operation in January 2025.

The company's activities are detailed on its website, which showcases its role within the broader Xcel Group of Companies. The Xcel Group specializes in providing turnkey engineering solutions for industries like oil & gas, renewables, defence, petrochemical, nuclear, and power generation. Vector X-cel itself focuses on precision machined and fabricated engineering components. The website also highlights a commitment to employee development, offering competitive salaries, profit-sharing, and a modern working environment. Recent news items detail a contract win, an acquisition of Newburgh Precision Engineering, and recognition on the Sunday Times Best 200 UK Exporters List.

Financially, Vector X-cel Ltd shows some concerning trends. While current assets increased by 15% to £8,600,000, net assets plummeted 700% to -£1,100,000—a significant decline. Bank borrowings surged by 140% to £7,200,000, and cash reserves fell 60% to £340,000. Creditors decreased by 65% to £810,000. The company’s size (meeting two of three criteria for a large company) helps it stay competitive, but the sharp equity drop raises questions about its long-term viability. The company's director remuneration increased by 47% to £240,000. With no auditor mentioned, the figures rely on unaudited statements.

In short, Vector X-cel Ltd is facing financial pressures despite its strong market position. The company’s success in securing contracts and expanding its operations is tempered by a concerning decline in equity. Whether the company can sustain its growth and overcome these challenges remains to be seen.

Registered in England/Wales under the registration number 11752404, with a registered address at S60 1FB, United Kingdom, Rotherham, South Yorkshire, Vector House Bessemer Way, Bessemer Way.

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