Xappee Ltd

Xappee Ltd, based in Accrington, UK, is a small, active company founded ten years ago in 2014. With six employees and £145,802 in assets, it operates from a virtual address—fifty-six other companies share the same location—and is led by a single director and owner. The company boasts a perfect 5.0 Google rating from three reviews, and regularly imports furniture, lighting, and prefabricated buildings, with nineteen months of import activity recorded, the last in December 2024.

Xappee Ltd functions as an agent involved in the sale of a variety of goods, and its website, while not available for direct analysis, suggests a focus on facilitating trade. It's a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s business is probably B2B.

Financially, Xappee Ltd’s numbers show a mixed picture. Current assets have fallen by 19%, dropping to £150,000, while net assets have plummeted 57%, down to £15,000. Cash reserves have also taken a hit, falling 94% to just £3,000. Trade debtors have increased significantly, by 260%, reaching £68,000, which could indicate a reliance on customer payments. Fixed assets have increased dramatically, by 660%, to -£3,000, which is unusual. Creditors have decreased by 12%, to £89,000, suggesting improved debt management. As a small company, Xappee Ltd is exempt from an audit, and the figures are unaudited.

While the company’s import activity and Google rating suggest a solid reputation, the financial data reveals some challenges. The sharp decline in cash reserves and net assets is concerning, and the increase in trade debtors could signal potential payment issues. It's possible that the company is reinvesting in its business, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 09149370, with a registered address at BB5 1LL, England, Accrington, 82 Blackburn Road.

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