Xed Limited

Xed Limited, based in Bristol, UK, is a small, active company established 29 years ago. With six employees and £278,518 in assets, it operates from a real address and is overseen by two directors and one owner. The company is a somewhat irregular importer, bringing in optical and medical tools and devices for a single month in 2018, but a regular exporter, shipping the same products for nine months, with the last shipment occurring in 2022.

Xed Limited’s core business revolves around crafting innovative iOS applications, as showcased on its website. It offers services like app store optimization, testing, and maintenance, aiming to bring client ideas to life. The website highlights a focus on user experience and includes a gallery of projects, emphasizing limitless possibilities in app development. Contact information is provided, including an email address, phone number, and physical address.

Financially, Xed Limited presents a mixed picture. While current assets increased slightly to £280,000, cash reserves experienced a significant drop of 82%, falling to £20,000. Bank borrowings have risen substantially, increasing by 110% to £38,000. Trade debtors have also increased, rising by 63% to £240,000. On a positive note, creditors decreased by 52%, suggesting improved debt management. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. The unaudited financial statements, prepared by JAY & JAY PARTNERSHIP LIMITED, don’t mention an auditor. The company’s focus on app development and its small size allow for agility, but the decline in cash reserves warrants attention.

Registered in England/Wales under the registration number 03074423, with a registered address at BS4 4EE, Bristol, Unit 22 Avon Valley Business Park, St. Annes Road.

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