Xtech Electrical Ltd.

Xtech Electrical Ltd, based in Potters Bar, UK, is a small, family-run business with an active status. Founded eleven years ago in 2014, the company employs just one person and holds £42,977 in assets. With a real address and two owners alongside a single director, it’s a compact operation. The company operates in electrical installation, wholesale of intermediate products, and retail sales via mail order and internet.

The company's website highlights its services as an electrical contracting company servicing the Sydney Metro area, offering a diverse range of electrical services including level 2 works to residential, commercial, and construction clients. It provides testing and tagging services, emphasizing safety and compliance. The website also features testimonials praising the company's efficiency and competitive rates. The site is clearly geared towards attracting customers directly, showcasing services and providing a contact form for quote requests. It’s an ecommerce focused business.

Financially, Xtech Electrical Ltd shows a positive trend. Current assets increased by 46% to £43,000, while net assets grew by 60% to £34,000. Cash reserves saw a significant boost, rising 54% to £31,000. Trade debtors also increased by 30%, suggesting potentially expanding business. While creditors increased slightly, the overall picture is one of improving financial health. 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 it to remain flexible. The accounts are described as “filleted” and unaudited, with no auditor mentioned. The company's growth in assets and cash suggests it's reinvesting in the business, perhaps expanding its services or equipment.

Registered in England/Wales under the registration number 08876518, with a registered address at EN6 5JW, Potters Bar, Hertfordshire, 41 Trewenna Drive.

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