Xiom Scotland Limited

Xiom Scotland Ltd, based in Forfar, UK, is a small, active holding company established 18 years ago. With 11 employees and £729,984 in assets, it operates from a real address and is overseen by four directors and one owner. The company’s status is active. It’s a holding company with a focus on manufacturing other plastic products. It imports electrical machinery and equipment irregularly (1 month), and exports iron or steel products irregularly (1 month).

The company’s website highlights its expertise in blasting, surface preparation, painting, and coating services. Xiom Scotland positions itself as a specialist in corrosion prevention and protection, offering services like UHP water jetting, laser cleaning, and phosphate coatings. Notably, it boasts the ability to complete NORSOK coating systems in just 24 hours—a unique selling point in Scotland. The website also emphasizes ongoing support, asset protection, and a modern facility with forklift capacity and coating/blasting facilities.

Financially, Xiom Scotland Ltd shows a mixed picture. Cash bank on hand increased significantly by 78%, rising to £510,000, which is good. However, trade debtors decreased by 31%, dropping to £220,000, suggesting potential issues with customer payments. Creditors increased by 15%, reaching £380,000, and other creditors increased by 30%, reaching £170,000. Property plant equipment decreased by 16%, dropping to £200,000. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the increase in creditors and decrease in debtors could be a concern. The company is exempt from an audit, so the financial information is unaudited. The increase in other creditors could be a sign of increased operational expenses.

Registered in Scotland under the registration number SC317164, with a registered address at DD8 1TD, Scotland, Forfar, Angus, 14 Orchard Loan, Orchardbank Industrial Estate.

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