Xamsco Ltd

Xamsco Ltd from Birmingham UK: a small, active company founded four years ago, employs two people, and holds just £1,810 in assets. It’s a solo-founder operation with a single director and owner, operating an e-commerce site and regularly importing miscellaneous metal items—three months of import activity recorded, the last in October 2023. The company’s core business is retail sale via mail order houses or via internet.

The website, Gamasco Limited, showcases a range of high-temperature sealing and insulation materials, including glass, Alutex, and ceramic products. It caters to industrial clients, offering everything from plumbers’ mats to custom-made products. The site emphasizes trade prices and a wide selection, with a focus on quality and service. It’s clear they’re targeting a B2B market, with a strong emphasis on technical specifications and industry expertise. They even offer plain label drop shipping—a handy service for wholesalers.

Financially, Xamsco Ltd presents a mixed picture. Current assets fell by 34% to £1,800, while net assets declined by 42% to -£19,000—a significant drop. Bank borrowings have increased, and cash reserves are low. Creditors decreased slightly, suggesting some improvement in debt management. The company meets two of three criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size, so the figures are unaudited.

Overall, Xamsco Ltd is facing financial challenges, with a declining equity position. However, its niche focus on high-temperature materials and its B2B website suggest a potential for growth—though it will need to address its cash flow issues to sustain operations.

Registered in England/Wales under the registration number 13168763, with a registered address at B8 1QB, United Kingdom, Birmingham, West Midlands, 71 Chartist Road.

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