Xy Automation Ltd

XY Automation Ltd, based in Bridgend, UK, is a small holding company with an active status. Founded eight years ago in 2017, the company employs six people and holds £360,214 in assets. It has four directors and one owner, and boasts a perfect 5.0 Google rating from one review. The company regularly imports and exports electrical machinery and equipment, with 172 months of import activity and 159 months of export activity recorded.

The company’s website, salesxyautomation.com, positions itself as a leading online supplier of industrial automation and control parts. It caters to a wide range of manufacturers, including Allen Bradley, Siemens, and ABB, offering everything from PLC systems to CNC robots. The site emphasizes global shipping, competitive prices, and a vast selection of parts—even specializing in obsolete and hard-to-find components. It even has a blog with helpful articles on industrial computer monitors, Siemens drive fault codes, and JIT production systems.

Financially, XY Automation Ltd’s recent performance shows some concerning trends. Current assets have fallen by 57%, dropping to £360,000, while net assets have plummeted 69%, ending at just £75,000. Bank borrowings have increased, and cash reserves have decreased significantly, falling 91% to £45,000. However, creditors have also decreased by 51%, 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 flexibility, but the sharp decline in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s average number of employees has doubled to twelve, which could explain some of the financial pressures. It’s likely that the company is investing in growth, but it will need to carefully manage its cash flow to avoid further declines in equity.

Registered in Wales under the registration number 10760373, with a registered address at CF31 3SH, Wales, Bridgend, Unit 9a Bridgend Business Centre Bennett Street, Bridgend Industrial Estate.

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