Xwame Group Ltd

Xwame Group Ltd, based in Ashton-Under-Lyne, UK, is a small, active company founded seven years ago. With 13 employees and £309,296 in assets, it operates as a family business under the direction of one director and ownership of two individuals. The company regularly imports and exports optical and medical tools and devices, with 7 months of import activity and 8 months of export activity recorded. It’s a real address, and the company’s status is active.

The company’s website showcases a diverse range of services, primarily focused on mass spectrometry and engineering solutions. It specializes in the restoration and repair of mass spectrometers, offering parts, service, and refurbished instruments. Additionally, Xwame Group Ltd manufactures laboratory benches, nitrogen generator systems, and noise reduction units, catering to various industries including scientific, defense, and medical sectors. The website highlights a collective of engineering brands with over 225 years of experience, operating both domestically and internationally.

Financially, Xwame Group Ltd presents a mixed picture. Cash reserves saw a significant boost, increasing by 580% to £150,000, a positive sign of improved liquidity. However, net assets declined by 14% to £79,000, and bank borrowings were reduced by 63% to £25,000. Trade debtors decreased by 14%, suggesting improved collection efforts, but total assets less current liabilities fell by 35% to £130,000. The company's small size—meeting two of three criteria for being a small company—allows for agility, but the decline in equity warrants attention. With no auditor mentioned, the financial statements are unaudited.

The company’s ability to maintain a strong cash position while navigating a decrease in equity will be key to its long-term success. It’s clear that Xwame Group Ltd is a specialized engineering and service provider, and its ability to leverage its expertise and experience will be crucial for future growth.

Registered in England/Wales under the registration number 10835271, with a registered address at OL7 0PT, England, Ashton-Under-Lyne, 16 Bentinck Street.

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