Xbright Ltd

Xbright Ltd is a small, active company registered in London, UK, founded three years ago in 2021. Employing just one person, the company operates from a virtual address shared by 753 other businesses, a bit unusual. It’s led by a single director and owner, Ozbahar Mahir, who also acts as the solo founder. The company's activities span a diverse range, including wholesale and retail of computers, software, and even clothing, plus internet sales.

The website, CNC, focuses on thermal, mechanical, and RF solutions, offering services like antenna design, heat sink manufacturing, and cable connector sales. It’s a B2B operation, targeting industrial clients with a focus on CNC machining and related technologies. It’s not a traditional e-commerce site, but rather a portal for showcasing services and contacting the company for custom solutions.

Financially, Xbright Ltd is showing some concerning trends. While turnover remains undisclosed, net assets have plummeted from £80 to -£12,000, a massive decrease. Cash reserves have evaporated, falling 97% to just £1,100. Creditors have also significantly reduced, down 68% to £13,000, which could indicate better debt management, or a reduction in business activity. Property, plant, and equipment have also seen a decline. The company's small size (meeting two of three conditions for a small company) helps it remain nimble, but the dramatic drop in equity suggests it’s burning through cash. The accounts are unaudited and classified as "filleted," meaning they are simplified and don't provide a complete picture of the company’s financial health. It’s a bit worrying, but it’s also typical for a startup.

Registered in England/Wales under the registration number 13486501, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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