Xfurth Ltd.

Xfurth Ltd, based in Luton, UK, is a small, active company established 23 years ago. With five employees and £611,239 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports electrical machinery and equipment, with 39 months of import activity and 11 months of export activity recorded. It’s a fairly established operation, having been around since 2002.

The company’s website highlights its expertise in plastics welding, offering a range of machines, tooling, and services. It caters to sectors like automotive, food manufacturing, and medical, positioning itself as a specialist in high-quality solutions. The website even details a consultancy and design service, alongside contract welding and equipment repair—suggesting a broader skillset than just selling machinery. It’s a fairly comprehensive offering.

Financially, Xfurth Ltd shows some concerning trends. Current assets have decreased by 24% to £610,000, and net assets have fallen by 28% to £540,000. Cash reserves have also taken a hit, dropping 44% to £280,000. Trade debtors have increased significantly, by 64%, which could indicate difficulties in collecting payments. However, creditors have also decreased by 16%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

The increase in bank borrowings by 2,400% to £29,000 is a worrying sign, though. It suggests the company may be relying on external financing to cover its operations. While the company’s expertise in plastics welding and its broad range of services are strengths, the financial data indicates a need for careful management to ensure long-term stability. The significant drop in cash reserves is something to watch closely.

Registered in England/Wales under the registration number 04388978, with a registered address at LU1 1TW, Luton, Bedfordshire, Unit 4 Firbank Industrial Estate, Dallow Road.

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