Xtel Technology Solutions Ltd
- Active
- Small
- Holding
- 22 years
- 19 employees
- £316,853 (cur assets)
- Irregular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Runcorn
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Xtel Technology Solutions Ltd, based in Runcorn, UK, is a small holding company with an active status, established 21 years ago. The company employs 22 people and holds £379,355 in assets, managed by two directors and a single owner. It’s an irregular importer of optical and medical tools and devices (last import in 2017) but a regular exporter of electrical machinery and equipment (last export in December 2024).
The company operates as a wholesale supplier of electronic and telecommunications equipment and parts, as evidenced by its website. It offers a wide range of services, including pre-installation configuration, equipment sales, and asset recovery, catering to businesses seeking IT hardware solutions. The site showcases a focus on optical transceivers and provides services like warehousing, reverse logistics, and certified disposal programs. It’s clear that Xtel isn’s an e-commerce site, but rather a B2B supplier.
Financially, Xtel Technology Solutions Ltd’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping 60% to £380,000. Net assets have also taken a hit, declining 70% to £150,000. Bank borrowings have increased, and cash reserves have fallen by 21%, to £80,000. However, trade creditors have decreased by 80%, suggesting improved 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) allows for agility, but the sharp decline in equity is concerning. The company is exempt from an audit, so the numbers are unaudited.
The company's depreciation on motor vehicles increased by 55%, while plant machinery saw a 6% increase. The number of employees has also decreased by 14% over the year. While the company’s export activity remains steady, the significant drop in assets and equity raises questions about its long-term financial health.
Registered in England/Wales under the registration number 04777272, with a registered address at WA7 1SQ, United Kingdom, Runcorn, Cheshire, Unit 10 Jenson Court.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 9 pages pdf report
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Confirmation statement made on 2025-05-27 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Xtel Technology Solutions Ltd
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