Xtel Ltd

Xtel Ltd, based in Sutton, UK, is a small, active company founded five years ago. With two employees and £275,678 in assets, it operates from a real address and is managed by two directors and owners. While an irregular importer of electrical machinery and equipment (just two months of imports), Xtel Ltd is a regular exporter, having shipped such equipment for an impressive 89 months.

The company’s website, xteltecgroup.com, reveals a comprehensive suite of IT hardware solutions and logistic services. It's not a straightforward e-commerce site; instead, Xtel acts as a provider of services and products, including pre-installation configuration, equipment maintenance, warehousing, asset recovery, and even certified disposal programs. They specialize in optical transceivers and cater to businesses needing support across the entire lifecycle of their technology equipment. The site emphasizes reliability, cost-effectiveness, and innovation.

Financially, Xtel Ltd presents a mixed picture. Current assets have increased by 190% to £280,000, which is a positive sign. However, net assets have decreased by 41% to £9,400, and cash reserves have fallen by 62% to £13,000. Trade debtors have surged by 640%, which could indicate difficulties in collecting payments or an expansion of credit terms. Creditors have also risen significantly, increasing by 240%. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size.

Overall, Xtel Ltd seems to be navigating a period of transition. While its asset base has grown, its equity has shrunk, and cash reserves are dwindling. The surge in trade debtors could be a cause for concern, but the company’s diverse range of services and focus on asset lifecycle management suggest a potential for future growth—if they can manage their cash flow effectively.

Registered in England/Wales under the registration number 12550472, with a registered address at SM1 2AE, England, Sutton, Surrey, City House, Sutton Park Road.

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