Xcel Aerospace Limited

Xcel Aerospace Ltd from Romford UK: small company, holding company, active status, founded 13 years ago, 59 employees, £5,043,092 assets, yearly revenue: £6,535,964, real address, 3 directors, 1 owner. Regular importer of iron or steel products (46 months imported). Regular exporter of iron or steel products (86 months exported). It’s a small, holding company operating in the aerospace manufacturing sector, boasting a solid 13-year track record and a workforce of 59. With assets totaling £5,043,092 and a yearly revenue of £6,535,964, Xcel Aerospace demonstrates a respectable financial standing, overseen by three directors and a single owner. The company regularly imports and exports iron or steel products, with a substantial history of both activities spanning 46 months for imports and 86 months for exports.

Xcel Aerospace’s website paints a picture of a precision engineering specialist. They offer CNC machining, fabrication, and assembly services, catering to the aerospace industry. Their focus is on delivering high-quality components and assembly parts, on time and at competitive prices. The site highlights a commitment to manufacturing excellence, with over 40 years of experience and accreditation from Nadcap. It’s clear they’re targeting a niche market, emphasizing reliability and customer partnerships. They don't appear to be running an e-commerce site, instead focusing on direct business-to-business relationships.

Financially, Xcel Aerospace shows some interesting trends. While current assets have increased by a healthy 39% to £5,000,000, indicating improved liquidity, bank borrowings have dramatically decreased by 100% to zero. This suggests a successful effort to reduce debt. However, cash reserves have fallen by 52% to £61,000, which could be a cause for concern if not managed carefully. Creditors have risen by 82%, and while this is common with growing businesses, it's something to monitor. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in administrative expenses by 13% should be reviewed. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 07680845, with a registered address at RM3 8UH, Romford, Essex, 1 Ashton Road.

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