Xl Displays Limited

Xl Displays Ltd from Peterborough UK is a small, holding company with an active status. Founded fourteen years ago in 2010, the company employs forty-two people and holds £3,114,452 in assets. It has a real address, is managed by three directors, and is owned by Bass Group Ltd. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 1178 reviews. It regularly imports and exports furniture, lighting, and prefabricated buildings, having imported for 47 months and exported for 32 months.

The company’s website showcases a retail business specializing in displays and related products, operating in the retail sale via mail order houses or via internet industries. It seems to be a well-established online retailer, with a focus on providing a wide range of display solutions.

Financially, Xl Displays Ltd shows a mixed picture. Current assets increased by a respectable 24% to £3,100,000, while net assets also rose by 47% to £2,000,000. Bank borrowings increased by a significant 160%, reaching £100,000, and cash reserves fell 7%, to £1,600,000. Creditors decreased by 6.5%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in borrowings should be monitored. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s growth in assets and net assets is encouraging, but the increase in bank borrowings is something to keep an eye on. It’s possible this is a strategic move to fund expansion or improve working capital, but it could also indicate financial strain. The directors, Bass Matthew, Bass Joanne, and Bass Joanne, will need to manage these factors carefully to ensure the company’s long-term financial health.

Registered in England/Wales under the registration number 07389460, with a registered address at PE2 6UP, Peterborough, 38-39 Manasty Road, Orton Southgate.

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