Xya Ltd

Xya Ltd is a small, active company based in Glasgow, UK, founded five years ago. It operates from a virtual address and is led by a solo founder, Chen Ying, who also serves as director and owner. The company regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded as of September 01, 2023. Xya Ltd primarily engages in buying and selling real estate and operating rental properties.

The company’s website, XYZ Law Solicitors, showcases a full-service law firm operating throughout the UK. It offers a wide range of legal services, including conveyancing, commercial property, wills and probate, immigration, family law, and litigation. The firm emphasizes a client-first approach, leveraging technology and a digital workflow to provide legal services regardless of location. It also features an AI legal assistant and publishes regular news and case studies. The website’s design is professional and informative, with a strong focus on client testimonials and sector expertise.

Financially, Xya Ltd presents a mixed picture. Cash reserves have significantly declined by 74%, dropping to £57,000, while bank borrowings have increased. Creditors have risen by 17%, reaching £510,000, and net current assets liabilities have increased by 110%. However, the company’s equity has improved by 50%, reaching £23,000. Property, plant, and equipment have also increased substantially, by 110%, reaching £480,000. Despite these fluctuations, Xya Ltd meets the criteria for a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mentioned auditor suggests the company is exempt from an audit as a small business.

The significant drop in cash reserves and increase in liabilities suggest Xya Ltd may be burning through money, perhaps to expand its operations or invest in new technologies. However, the increase in property, plant, and equipment indicates potential growth and investment in its core business. It's worth noting that the financial data is unaudited, so the figures should be viewed with caution.

Registered in Scotland under the registration number SC633988, with a registered address at G2 1BP, Scotland, Glasgow, Suite 2/3 2nd Floor, 48 West George Street.

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