Xyda Limited

Xyda Limited is a small, active company based in Woodford Green, UK, founded five years ago in 2019. With £43,424 in assets and two employees, it operates from a real address and is led by a single director and owner. The company is a regular exporter of clocks, watches, and their parts, with 11 months of export activity recorded, the last in April 2023.

The company’s website, Xyda Analytic Research P Ltd, suggests a broader focus on data analytics and AI solutions. It offers services like business intelligence, machine learning, and predictive analytics, targeting clients seeking to transform their data into actionable insights. The site promotes automation tools and consulting services, indicating a move beyond simple retail operations. It’s a little confusing, to be honest.

Financially, Xyda Limited's picture is a bit concerning. Current assets have fallen by a significant 50%, dropping to £43,000, while equity has also declined by 24%, settling at £17,000. Cash reserves have plummeted 100%, leaving just £18, while bank borrowings have decreased by 32%, sitting at £23,000. Trade debtors have increased by 9.6%, reaching £43,000, and creditors have decreased by 59%, settling at £26,000. 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 cash and equity suggests it's burning through money. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

In short, Xyda Limited is facing financial headwinds. While its analytics services show potential, the company needs to address its cash flow issues to ensure its long-term viability.

Registered in England/Wales under the registration number 12322676, with a registered address at IG8 0RQ, England, Woodford Green, 46 Chiltern Way.

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