xn financial services (uk) limited
xn financial services (uk) limited Company Information
Company Number
04405982
Next Accounts
Sep 2025
Industry
Non-life insurance
Shareholders
xn holdings inc.
Group Structure
View All
Contact
Registered Address
8-11 crescent, london, EC3N 2LY
Website
www.xn.comxn financial services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of XN FINANCIAL SERVICES (UK) LIMITED at £36.6k based on a Turnover of £70.2k and 0.52x industry multiple (adjusted for size and gross margin).
xn financial services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of XN FINANCIAL SERVICES (UK) LIMITED at £0 based on an EBITDA of £-11.3k and a 6.95x industry multiple (adjusted for size and gross margin).
xn financial services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of XN FINANCIAL SERVICES (UK) LIMITED at £70.7k based on Net Assets of £41.6k and 1.7x industry multiple (adjusted for liquidity).
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Xn Financial Services (uk) Limited Overview
Xn Financial Services (uk) Limited is a live company located in london, EC3N 2LY with a Companies House number of 04405982. It operates in the non-life insurance sector, SIC Code 65120. Founded in March 2002, it's largest shareholder is xn holdings inc. with a 100% stake. Xn Financial Services (uk) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £70.2k with declining growth in recent years.
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Xn Financial Services (uk) Limited Health Check
Pomanda's financial health check has awarded Xn Financial Services (Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £70.2k, make it smaller than the average company (£2m)
- Xn Financial Services (uk) Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (8.8%)
- Xn Financial Services (uk) Limited
8.8% - Industry AVG
Production
with a gross margin of 71.6%, this company has a higher cost of product (99.8%)
- Xn Financial Services (uk) Limited
99.8% - Industry AVG
Profitability
an operating margin of -16.1% make it less profitable than the average company (18.6%)
- Xn Financial Services (uk) Limited
18.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Xn Financial Services (uk) Limited
33 - Industry AVG
Pay Structure
on an average salary of £64.6k, the company has an equivalent pay structure (£64.6k)
- Xn Financial Services (uk) Limited
£64.6k - Industry AVG
Efficiency
resulting in sales per employee of £70.2k, this is less efficient (£163.9k)
- Xn Financial Services (uk) Limited
£163.9k - Industry AVG
Debtor Days
it gets paid by customers after 278 days, this is later than average (219 days)
- Xn Financial Services (uk) Limited
219 days - Industry AVG
Creditor Days
its suppliers are paid after 219 days, this is quicker than average (323 days)
- Xn Financial Services (uk) Limited
323 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Xn Financial Services (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Xn Financial Services (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (82.5%)
22.4% - Xn Financial Services (uk) Limited
82.5% - Industry AVG
XN FINANCIAL SERVICES (UK) LIMITED financials
Xn Financial Services (Uk) Limited's latest turnover from December 2023 is estimated at £70.3 thousand and the company has net assets of £41.6 thousand. According to their latest financial statements, we estimate that Xn Financial Services (Uk) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 166,810 | 173,936 | 95,511 | 18,670 | 235,653 | 265,143 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 162,622 | 183,858 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | -50,765 | -150,077 | -147,426 | -160,201 | 162,621 | 183,858 | |||||||||
| Tax | 0 | 0 | 2,329 | 41,652 | -40,783 | -27,478 | |||||||||
| Profit After Tax | -50,765 | -150,077 | -145,097 | -118,549 | 121,838 | 156,380 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -50,765 | -150,077 | -145,097 | -118,549 | 121,838 | 156,380 | |||||||||
| Employee Costs | 20,077 | 0 | |||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 162,622 | 183,858 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 53,566 | 63,964 | 69,822 | 146,951 | 125,104 | 83,105 | 114,697 | 188,969 | 162,567 | 17,956 | 253,351 | 135,271 | 93,134 | 1,694,390 | 849,048 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,961 | 224,310 | 684,266 | 489,172 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,520 | 41,087 | 86,237 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 197,928 | 38,930 | 103,577 | 137,900 | 202,471 | 151,624 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,566 | 63,964 | 69,822 | 146,951 | 125,104 | 83,105 | 114,697 | 188,969 | 162,567 | 290,845 | 551,111 | 964,201 | 806,443 | 1,896,861 | 1,000,672 |
| total assets | 53,566 | 63,964 | 69,822 | 146,951 | 125,104 | 83,105 | 114,697 | 188,969 | 162,567 | 290,845 | 551,111 | 964,201 | 806,443 | 1,896,861 | 1,000,672 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,925 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,000 | 11,100 | 10,760 | 75,941 | 43,875 | 0 | 0 | 67,765 | 65,631 | 136,293 | 45,416 | 4,200 | 13,854 | 1,306,503 | 787,024 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 142,615 | 249,220 | 744,844 | 518,234 | 176,424 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,000 | 327,786 | 143,316 | 57,417 | 78,448 | 0 |
| total current liabilities | 12,000 | 11,100 | 10,760 | 75,941 | 43,875 | 0 | 0 | 67,765 | 65,631 | 296,908 | 629,347 | 892,360 | 589,505 | 1,561,375 | 787,024 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 12,000 | 11,100 | 10,760 | 75,941 | 43,875 | 0 | 0 | 67,765 | 65,631 | 296,908 | 629,347 | 892,360 | 589,505 | 1,561,375 | 787,024 |
| net assets | 41,566 | 52,864 | 59,062 | 71,010 | 81,229 | 83,105 | 114,697 | 121,204 | 96,936 | -6,063 | -78,236 | 71,841 | 216,938 | 335,486 | 213,648 |
| total shareholders funds | 41,566 | 52,864 | 59,062 | 71,010 | 81,229 | 83,105 | 114,697 | 121,204 | 96,936 | -6,063 | -78,236 | 71,841 | 216,938 | 335,486 | 213,648 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 162,622 | 183,858 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 2,329 | 41,652 | -40,783 | -27,478 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,398 | -5,858 | -77,129 | 21,847 | 41,999 | -31,592 | -74,272 | 26,402 | 69,650 | -419,264 | -348,443 | 192,081 | -180,505 | 845,342 | 849,048 |
| Creditors | 900 | 340 | -65,181 | 32,066 | 43,875 | 0 | -67,765 | 2,134 | -70,662 | 90,877 | 41,216 | -9,654 | -773,170 | 519,479 | 787,024 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,000 | -309,786 | 184,470 | 85,899 | 57,417 | 78,448 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -125,576 | 94,356 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -142,615 | -106,605 | -495,624 | 226,610 | 518,234 | 176,424 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| cash flow from financing | 16,333 | -495,624 | 226,610 | 640,073 | 176,424 | 57,268 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -197,928 | 158,998 | -64,647 | -34,323 | -13,724 | 50,847 | 151,624 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,925 | 6,925 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -197,928 | 165,923 | -71,572 | -34,323 | -13,724 | 50,847 | 151,624 |
xn financial services (uk) limited Credit Report and Business Information
Xn Financial Services (uk) Limited Competitor Analysis
Perform a competitor analysis for xn financial services (uk) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC3N area or any other competitors across 12 key performance metrics.
xn financial services (uk) limited Ownership
XN FINANCIAL SERVICES (UK) LIMITED group structure
Xn Financial Services (Uk) Limited has no subsidiary companies.
Ultimate parent company
GROUPE HENNER HOLDING SAS
#0083445
XN HOLDINGS INC
#0064591
2 parents
XN FINANCIAL SERVICES (UK) LIMITED
04405982
xn financial services (uk) limited directors
Xn Financial Services (Uk) Limited currently has 2 directors. The longest serving directors include Mr Cesar Moufarrege (Mar 2014) and Mr Charles Robinet-Duffo (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cesar Moufarrege | 46 years | Mar 2014 | - | Director | |
| Mr Charles Robinet-Duffo | France | 55 years | Oct 2015 | - | Director |
P&L
December 2023turnover
70.2k
-13%
operating profit
-11.3k
0%
gross margin
71.6%
+6.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
41.6k
-0.21%
total assets
53.6k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
xn financial services (uk) limited company details
company number
04405982
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
March 2002
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
xn (uk) limited (July 2002)
ibis (753) limited (May 2002)
accountant
-
auditor
-
address
8-11 crescent, london, EC3N 2LY
Bank
-
Legal Advisor
-
xn financial services (uk) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to xn financial services (uk) limited.
xn financial services (uk) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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xn financial services (uk) limited Companies House Filings - See Documents
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