xecotrans limited
xecotrans limited Company Information
Company Number
05509195
Next Accounts
Sep 2025
Shareholders
ntex ab
Group Structure
View All
Industry
Other transportation support activities
Registered Address
scandinavian way, stallingborough, grimsby, north east lincolnshire, DN41 8DU
Website
http://www.ntex.sexecotrans limited Estimated Valuation
Pomanda estimates the enterprise value of XECOTRANS LIMITED at £37.5m based on a Turnover of £46.8m and 0.8x industry multiple (adjusted for size and gross margin).
xecotrans limited Estimated Valuation
Pomanda estimates the enterprise value of XECOTRANS LIMITED at £0 based on an EBITDA of £-765.4k and a 6.01x industry multiple (adjusted for size and gross margin).
xecotrans limited Estimated Valuation
Pomanda estimates the enterprise value of XECOTRANS LIMITED at £7.7m based on Net Assets of £3.3m and 2.36x industry multiple (adjusted for liquidity).
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Xecotrans Limited Overview
Xecotrans Limited is a live company located in grimsby, DN41 8DU with a Companies House number of 05509195. It operates in the other transportation support activities sector, SIC Code 52290. Founded in July 2005, it's largest shareholder is ntex ab with a 100% stake. Xecotrans Limited is a mature, large sized company, Pomanda has estimated its turnover at £46.8m with healthy growth in recent years.
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Xecotrans Limited Health Check
Pomanda's financial health check has awarded Xecotrans Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £46.8m, make it larger than the average company (£12.2m)
£46.8m - Xecotrans Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (12.3%)
12% - Xecotrans Limited
12.3% - Industry AVG
Production
with a gross margin of 12.1%, this company has a higher cost of product (23.3%)
12.1% - Xecotrans Limited
23.3% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (5.2%)
-2.5% - Xecotrans Limited
5.2% - Industry AVG
Employees
with 280 employees, this is above the industry average (47)
280 - Xecotrans Limited
47 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£47.9k)
£43.2k - Xecotrans Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £167.2k, this is less efficient (£280.9k)
£167.2k - Xecotrans Limited
£280.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (45 days)
31 days - Xecotrans Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (34 days)
23 days - Xecotrans Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (5 days)
1 days - Xecotrans Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Xecotrans Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.7%, this is a higher level of debt than the average (60.1%)
74.7% - Xecotrans Limited
60.1% - Industry AVG
XECOTRANS LIMITED financials
Xecotrans Limited's latest turnover from December 2023 is £46.8 million and the company has net assets of £3.3 million. According to their latest financial statements, Xecotrans Limited has 280 employees and maintains cash reserves of £183.8 thousand 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 46,819,212 | 54,990,861 | 41,546,627 | 33,043,064 | 36,736,349 | 35,093,109 | 28,677,051 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 41,157,014 | 49,241,079 | 34,494,346 | 27,912,051 | 31,150,225 | 30,216,012 | 25,705,401 | ||||||||
| Gross Profit | 5,662,198 | 5,749,782 | 7,052,281 | 5,131,013 | 5,586,124 | 4,877,097 | 2,971,650 | ||||||||
| Admin Expenses | 6,821,474 | 6,183,948 | 4,648,000 | 3,987,666 | 4,505,561 | 3,827,424 | 2,562,009 | ||||||||
| Operating Profit | -1,159,276 | -434,166 | 2,404,281 | 1,143,347 | 1,080,563 | 1,049,673 | 409,641 | ||||||||
| Interest Payable | 368,355 | 157,921 | 93,658 | 97,609 | 145,293 | 150,265 | 37,038 | ||||||||
| Interest Receivable | 54 | 15,318 | 23,374 | ||||||||||||
| Pre-Tax Profit | -1,517,121 | -576,323 | 2,325,640 | 1,057,097 | 953,863 | 921,226 | 395,977 | ||||||||
| Tax | 385,834 | 38,812 | -506,781 | -248,610 | -185,592 | -229,887 | -81,280 | ||||||||
| Profit After Tax | -1,131,287 | -537,511 | 1,818,859 | 808,487 | 768,271 | 691,339 | 314,697 | ||||||||
| Dividends Paid | 300,000 | 150,000 | |||||||||||||
| Retained Profit | -1,131,287 | -537,511 | 1,818,859 | 808,487 | 768,271 | 391,339 | 164,697 | ||||||||
| Employee Costs | 12,095,026 | 10,370,460 | 7,525,977 | 6,691,560 | 6,687,313 | 6,460,706 | 2,924,606 | ||||||||
| Number Of Employees | 280 | 258 | 181 | 185 | 183 | 180 | 75 | ||||||||
| EBITDA* | -765,353 | -42,068 | 2,723,973 | 1,474,852 | 1,424,210 | 1,396,900 | 409,641 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,616,262 | 8,783,751 | 4,648,780 | 4,758,296 | 4,847,268 | 4,678,660 | 604,377 | ||||||||
| Intangible Assets | 317,384 | 456,164 | 1,190,375 | 1,388,771 | 1,587,167 | 1,785,563 | |||||||||
| Investments & Other | 21,600 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 1,000,000 | 1,000,000 | |||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,955,246 | 9,249,915 | 5,849,155 | 6,157,067 | 6,444,435 | 6,474,223 | 604,377 | 1,000,000 | 1,000,000 | ||||||
| Stock & work in progress | 121,491 | 179,896 | 102,005 | 99,074 | 120,118 | 114,097 | 60,104 | ||||||||
| Trade Debtors | 4,003,930 | 5,480,933 | 5,462,781 | 4,758,539 | 4,921,526 | 5,414,287 | 4,766,706 | ||||||||
| Group Debtors | 999,855 | 38,408 | 473,493 | 3,937 | 728,589 | ||||||||||
| Misc Debtors | 1,558,413 | 2,100,175 | 1,356,823 | 1,024,048 | 595,753 | 447,209 | 115,647 | 742 | |||||||
| Cash | 183,756 | 578,256 | 142,130 | 70,967 | 203,760 | 631,020 | 343,141 | 742 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 6,867,445 | 8,339,260 | 7,063,739 | 5,991,036 | 6,314,650 | 6,610,550 | 6,014,187 | 742 | 742 | ||||||
| total assets | 12,822,691 | 17,589,175 | 12,912,894 | 12,148,103 | 12,759,085 | 13,084,773 | 6,618,564 | 1,000,742 | 1,000,742 | ||||||
| Bank overdraft | 3,208,935 | 3,591,672 | 827,729 | 1,241,707 | 2,442,367 | 1,970,951 | 1,576,816 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,593,810 | 2,733,337 | 1,776,202 | 2,349,349 | 3,103,257 | 3,444,068 | 3,326,804 | ||||||||
| Group/Directors Accounts | 396,273 | 250,885 | 588,390 | 898,911 | 1,142,788 | 611,496 | 246,640 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 124,266 | 1,015 | 1,479 | ||||||||||||
| other current liabilities | 2,371,775 | 3,959,714 | 2,957,302 | 1,984,254 | 1,598,146 | 1,395,856 | 330,312 | ||||||||
| total current liabilities | 8,570,793 | 10,659,874 | 6,149,623 | 6,475,236 | 8,288,037 | 7,422,371 | 5,480,572 | ||||||||
| loans | 733,333 | 2,132,942 | 1,633,334 | 2,361,789 | 1,967,333 | 3,928,082 | |||||||||
| hp & lease commitments | 1,124 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| provisions | 267,983 | 414,490 | 210,557 | 210,557 | 210,557 | 210,557 | 5,568 | ||||||||
| total long term liabilities | 1,001,318 | 2,547,434 | 1,843,893 | 2,572,348 | 2,179,016 | 4,138,641 | 5,570 | ||||||||
| total liabilities | 9,572,111 | 13,207,308 | 7,993,516 | 9,047,584 | 10,467,053 | 11,561,012 | 5,486,142 | ||||||||
| net assets | 3,250,580 | 4,381,867 | 4,919,378 | 3,100,519 | 2,292,032 | 1,523,761 | 1,132,422 | 1,000,742 | 1,000,742 | ||||||
| total shareholders funds | 3,250,580 | 4,381,867 | 4,919,378 | 3,100,519 | 2,292,032 | 1,523,761 | 1,132,422 | 1,000,742 | 1,000,742 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,159,276 | -434,166 | 2,404,281 | 1,143,347 | 1,080,563 | 1,049,673 | 409,641 | ||||||||
| Depreciation | 255,143 | 253,318 | 121,296 | 133,109 | 145,251 | 148,831 | |||||||||
| Amortisation | 138,780 | 138,780 | 198,396 | 198,396 | 198,396 | 198,396 | |||||||||
| Tax | 385,834 | 38,812 | -506,781 | -248,610 | -185,592 | -229,887 | -81,280 | ||||||||
| Stock | -58,405 | 77,891 | 2,931 | -21,044 | 6,021 | 53,993 | 60,104 | ||||||||
| Debtors | -1,018,910 | 761,504 | 998,609 | -169,777 | 125,339 | 254,491 | 5,610,200 | 742 | |||||||
| Creditors | -139,527 | 957,135 | -573,147 | -753,908 | -340,811 | 117,264 | 3,326,804 | ||||||||
| Accruals and Deferred Income | -1,587,939 | 1,002,412 | 973,048 | 386,108 | 202,290 | 1,065,544 | 330,312 | ||||||||
| Deferred Taxes & Provisions | -146,507 | 203,933 | 204,989 | 5,568 | |||||||||||
| Cash flow from operations | -1,176,177 | 1,320,829 | 1,615,553 | 1,049,263 | 968,737 | 2,246,326 | -1,679,259 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -4,458,776 | -2,336 | |||||||||||||
| Change in Investments | 11,600 | 10,000 | -1,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | |||||||||
| cash flow from investments | -11,600 | -4,468,776 | 997,664 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 145,388 | -337,505 | -310,521 | -243,877 | 531,292 | 364,856 | 246,640 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,399,609 | 499,608 | -728,455 | 394,456 | -1,960,749 | 3,928,082 | |||||||||
| Hire Purchase and Lease Commitments | -124,266 | 124,266 | -1,015 | -1,588 | 2,603 | ||||||||||
| other long term liabilities | 2 | ||||||||||||||
| share issue | |||||||||||||||
| interest | -368,355 | -157,921 | -93,658 | -97,609 | -145,239 | -134,947 | -13,664 | ||||||||
| cash flow from financing | -1,746,842 | 128,448 | -1,133,649 | 51,382 | -1,572,093 | 4,157,991 | 199,961 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -394,500 | 436,126 | 71,163 | -132,793 | -427,260 | 287,879 | 343,141 | -742 | 742 | ||||||
| overdraft | -382,737 | 2,763,943 | -413,978 | -1,200,660 | 471,416 | 394,135 | 1,576,816 | ||||||||
| change in cash | -11,763 | -2,327,817 | 485,141 | 1,067,867 | -898,676 | -106,256 | -1,233,675 | -742 | 742 |
xecotrans limited Credit Report and Business Information
Xecotrans Limited Competitor Analysis
Perform a competitor analysis for xecotrans limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in DN41 area or any other competitors across 12 key performance metrics.
xecotrans limited Ownership
XECOTRANS LIMITED group structure
Xecotrans Limited has 1 subsidiary company.
Ultimate parent company
NTEX AB
#0061523
1 parent
XECOTRANS LIMITED
05509195
1 subsidiary
xecotrans limited directors
Xecotrans Limited currently has 4 directors. The longest serving directors include Mr Thomas Stroem (Dec 2007) and Mr Dan Eriksson (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Stroem | Sweden | 70 years | Dec 2007 | - | Director |
| Mr Dan Eriksson | England | 63 years | Nov 2021 | - | Director |
| Mr Dan Eriksson | England | 63 years | Nov 2021 | - | Director |
| Mr Malcolm Thorpe | England | 55 years | Mar 2024 | - | Director |
P&L
December 2023turnover
46.8m
-15%
operating profit
-1.2m
+167%
gross margin
12.1%
+15.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
-0.26%
total assets
12.8m
-0.27%
cash
183.8k
-0.68%
net assets
Total assets minus all liabilities
xecotrans limited company details
company number
05509195
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
July 2005
age
20
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
wilchap 396 limited (September 2005)
accountant
-
auditor
STREETS AUDIT LLP
address
scandinavian way, stallingborough, grimsby, north east lincolnshire, DN41 8DU
Bank
DANSKE BANK
Legal Advisor
-
xecotrans 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 xecotrans limited.
xecotrans 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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xecotrans limited Companies House Filings - See Documents
| date | description | view/download |
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