Xl Technical Services Ltd

POWER SEARCH PRICING

SOLUTIONS

xl technical services ltd Company Information

Live

EstablishedSmallHealthy

Company Number

06248547

Website

xlmanpower.com

Registered Address

balmoral house longmore avenue, bentley mill way, walsall, WS2 0DA

Industry

Other manufacturing n.e.c.

Telephone

01922611762

Next Accounts Due

March 2025

Group Structure

View All

Directors

David Craddock17 Years

Louise Craddock10 Years

Shareholders

craddock holdings ltd 100%

xl technical services ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of XL TECHNICAL SERVICES LTD at £2.2m based on Net Assets of £1.2m and 1.84x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Xl Technical Services Ltd is a live company located in walsall, WS2 0DA with a Companies House number of 06248547. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in May 2007, it's largest shareholder is craddock holdings ltd with a 100% stake. Xl Technical Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Xl Technical Services Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

4 Regular

4 Weak

Size

annual sales of £1.5m, make it smaller than the average company (£13.5m)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)

EXPORT

Xl Technical Services Ltd's latest turnover from June 2023 is estimated at £1.5 million and the company has net assets of £1.2 million. According to their latest financial statements, Xl Technical Services Ltd has 16 employees and maintains cash reserves of £988.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	May 2012	May 2011	May 2010
Turnover	1,539,065	2,290,310	1,440,841	1,244,273	1,441,487	1,552,471	1,428,030	1,485,323	2,806,936	1,893,492	1,408,450	3,652,992	2,390,279	204,919
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,091,345	1,606,243	1,034,686	879,328	1,004,589	1,080,962	972,088	1,004,629	1,916,522	1,291,828	958,986	2,473,099	1,498,622	159,686
Gross Profit	447,720	684,067	406,155	364,945	436,898	471,508	455,942	480,694	890,414	601,664	449,464	1,179,893	891,657	45,233
Admin Expenses	483,998	634,719	399,807	362,712	441,890	466,392	458,376	199,515	1,356,288	525,931	-213,206	624,138	268,656	28,421
Operating Profit	-36,278	49,348	6,348	2,233	-4,992	5,116	-2,434	281,179	-465,874	75,733	662,670	555,755	623,001	16,812
Interest Payable	3,942	3,293	1,525	0	0	0	0	0	9,993	21,701	23,384	15,956	0	0
Interest Receivable	47,432	9,320	740	900	6,758	5,369	2,892	5,013	3,978	3,525	2,765	2,049	101	11
Pre-Tax Profit	7,212	55,375	5,563	3,133	1,767	10,485	458	286,191	-471,889	57,557	642,052	541,847	623,102	16,823
Tax	-1,803	-10,521	-1,057	-595	-336	-1,992	-87	-57,238	0	-12,087	-147,672	-130,043	-155,308	-3,553
Profit After Tax	5,409	44,854	4,506	2,538	1,431	8,493	371	228,953	-471,889	45,470	494,380	411,804	467,794	13,270
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	20,000	48,000
Retained Profit	5,409	44,854	4,506	2,538	1,431	8,493	371	228,953	-471,889	45,470	494,380	411,804	447,794	-34,730
Employee Costs	646,980	577,604	548,790	761,865	787,274	840,534	809,911	832,401	654,554	444,821	342,433	876,467	580,777	58,562
Number Of Employees	16	15	15	21	22	24	24	25	20	14	11	28	19	2
EBITDA*	82,800	212,076	174,302	171,019	167,658	178,834	237,988	490,377	-281,060	197,997	673,721	618,094	663,099	23,816

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	May 2012	May 2011	May 2010
Tangible Assets	373,216	133,622	284,006	450,044	615,785	787,289	946,934	1,149,675	1,195,844	1,449,432	1,275,641	893,463	120,291	21,008
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	373,216	133,622	284,006	450,044	615,785	787,289	946,934	1,149,675	1,195,844	1,449,432	1,275,641	893,463	120,291	21,008
Stock & work in progress	182,656	208,524	62,577	40,287	44,987	23,141	22,054	13,601	83,305	88,073	67,725	44,326	37,719	740
Trade Debtors	210,628	546,876	286,276	110,132	191,225	251,766	214,102	207,600	362,059	355,869	221,839	809,798	530,054	42,521
Group Debtors	174,179	32,224	468,623	282,307	152,552	96,271	59,929	0	0	0	0	0	0	0
Misc Debtors	62,996	86,889	42,891	29,915	43,179	63,183	46,015	52,875	0	0	0	0	29,381	277
Cash	988,302	908,976	582,201	897,041	902,769	899,459	1,248,272	1,065,255	939,823	651,325	758,736	347,455	472,066	43,125
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,618,761	1,783,489	1,442,568	1,359,682	1,334,712	1,333,820	1,590,372	1,339,331	1,385,187	1,095,267	1,048,300	1,201,579	1,069,220	86,663
total assets	1,991,977	1,917,111	1,726,574	1,809,726	1,950,497	2,121,109	2,537,306	2,489,006	2,581,031	2,544,699	2,323,941	2,095,042	1,189,511	107,671
Bank overdraft	10,152	10,157	8,706	0	0	0	0	0	0	0	0	20,964	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	20,294	0	0	0
Trade Creditors	193,863	261,242	166,131	138,787	142,191	121,712	119,891	126,357	1,045,260	496,213	441,090	827,585	319,786	65,398
Group/Directors Accounts	72,789	95,180	36,556	13,164	21,804	21,898	60,192	234,368	0	0	0	0	27,600	30,500
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	131,710	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	60,296	0	0	0
other current liabilities	210,386	280,067	251,445	376,976	318,759	323,200	512,589	326,106	0	0	0	0	237,250	6,407
total current liabilities	487,190	646,646	462,838	528,927	482,754	466,810	692,672	686,831	1,045,260	496,213	521,680	848,549	716,346	102,305
loans	20,682	30,677	41,294	0	0	0	0	0	0	307,468	339,956	338,284	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	72,906	67,372	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	180,736	0	0	32,706	192,488	352,271	512,054	460,947	469,257	184,709	0	46,418	0	0
provisions	78,300	20,128	47,636	77,793	107,493	135,697	174,742	183,761	138,000	83,000	40,000	1,238	24,416	4,411
total long term liabilities	279,718	50,805	88,930	110,499	299,981	487,968	686,796	644,708	607,257	648,083	447,328	385,940	24,416	4,411
total liabilities	766,908	697,451	551,768	639,426	782,735	954,778	1,379,468	1,331,539	1,652,517	1,144,296	969,008	1,234,489	740,762	106,716
net assets	1,225,069	1,219,660	1,174,806	1,170,300	1,167,762	1,166,331	1,157,838	1,157,467	928,514	1,400,403	1,354,933	860,553	448,749	955
total shareholders funds	1,225,069	1,219,660	1,174,806	1,170,300	1,167,762	1,166,331	1,157,838	1,157,467	928,514	1,400,403	1,354,933	860,553	448,749	955

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	-36,278	49,348	6,348	2,233	-4,992	5,116	-2,434	281,179	-465,874	75,733	662,670	555,755	623,001	16,812
Depreciation	119,078	162,728	167,954	168,786	172,650	173,718	240,422	209,198	184,814	122,264	11,051	62,339	40,098	7,004
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-1,803	-10,521	-1,057	-595	-336	-1,992	-87	-57,238	0	-12,087	-147,672	-130,043	-155,308	-3,553
Stock	-25,868	145,947	22,290	-4,700	21,846	1,087	8,453	-69,704	-4,768	20,348	23,399	6,607	36,979	740
Debtors	-218,186	-131,801	375,436	35,398	-24,264	91,174	59,571	-101,584	6,190	134,030	-587,959	250,363	516,637	42,798
Creditors	-67,379	95,111	27,344	-3,404	20,479	1,821	-6,466	-918,903	549,047	55,123	-386,495	507,799	254,388	65,398
Accruals and Deferred Income	-69,681	28,622	-125,531	58,217	-4,441	-189,389	186,483	326,106	0	0	0	-237,250	230,843	6,407
Deferred Taxes & Provisions	58,172	-27,508	-30,157	-29,700	-28,204	-39,045	-9,019	45,761	55,000	43,000	38,762	-23,178	20,005	4,411
Cash flow from operations	246,163	283,634	-352,825	164,839	157,574	-142,032	340,875	57,391	321,565	129,655	742,876	478,452	459,411	52,941
Investing Activities
capital expenditure	-358,672	-12,344	-1,916	-3,045	-1,146	-14,073	-37,681	-163,029	68,774	-296,055	-393,229	-835,511	-139,381	-28,012
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-358,672	-12,344	-1,916	-3,045	-1,146	-14,073	-37,681	-163,029	68,774	-296,055	-393,229	-835,511	-139,381	-28,012
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	-20,294	20,294	0	0	0
Group/Directors Accounts	-22,391	58,624	23,392	-8,640	-94	-38,294	-174,176	234,368	0	0	0	-27,600	-2,900	30,500
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	-131,710	131,710	0
Long term loans	-9,995	-10,617	41,294	0	0	0	0	0	-307,468	-32,488	1,672	338,284	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	-72,906	-54,762	127,668	0	0	0
other long term liabilities	180,736	0	-32,706	-159,782	-159,783	-159,783	51,107	-8,310	284,548	184,709	-46,418	46,418	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	35,685
interest	43,490	6,027	-785	900	6,758	5,369	2,892	5,013	-6,015	-18,176	-20,619	-13,907	101	11
cash flow from financing	191,840	54,034	31,195	-167,522	-153,119	-192,708	-120,177	231,071	-101,841	58,989	82,597	211,485	128,911	66,196
cash and cash equivalents
cash	79,326	326,775	-314,840	-5,728	3,310	-348,813	183,017	125,432	288,498	-107,411	411,281	-124,611	428,941	43,125
overdraft	-5	1,451	8,706	0	0	0	0	0	0	0	-20,964	20,964	0	0
change in cash	79,331	325,324	-323,546	-5,728	3,310	-348,813	183,017	125,432	288,498	-107,411	432,245	-145,575	428,941	43,125

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for xl technical services ltd. Get real-time insights into xl technical services ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for xl technical services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WS2 area or any other competitors across 12 key performance metrics.

XL TECHNICAL SERVICES LTD group structure

Xl Technical Services Ltd has no subsidiary companies.

Ultimate parent company

CRADDOCK HOLDINGS LIMITED

08869903

1 parent

XL TECHNICAL SERVICES LTD

06248547

XL TECHNICAL SERVICES LTD Shareholders

craddock holdings ltd

100%

Xl Technical Services Ltd currently has 2 directors. The longest serving directors include Mr David Craddock (May 2007) and Mrs Louise Craddock (Feb 2014).

officer	country	age	start	end	role
Mr David Craddock	England	57 years	May 2007	-	Director
Mrs Louise Craddock	England	56 years	Feb 2014	-	Director

P&L

June 2023

turnover

1.5m

-33%

operating profit

-36.3k

gross margin

29.1%

-2.6%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

1.2m

total assets

+0.04%

cash

988.3k

+0.09%

net assets

Total assets minus all liabilities

Similar Companies

roundcroft metal finishing ltd

2.5

olympia fabrications limited

quartex components limited

craven dunnill jackfield limited

2.5

midland trays limited

1.5

company number

06248547

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

May 2007

accounts

Total Exemption Full

ultimate parent company

CRADDOCK HOLDINGS LIMITED

previous names

N/A

last accounts submitted

June 2023

address

balmoral house longmore avenue, bentley mill way, walsall, WS2 0DA

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 found 2 charges/mortgages relating to xl technical services ltd. Currently there are 0 open charges and 2 have been satisfied in the past.

xl technical services ltd Company Information

xl technical services ltd Estimated Valuation

xl technical services ltd Estimated Valuation

xl technical services ltd Estimated Valuation

Xl Technical Services Ltd Overview

Xl Technical Services Ltd Health Check

XL TECHNICAL SERVICES LTD financials

xl technical services ltd Credit Report and Business Information

Xl Technical Services Ltd Competitor Analysis

xl technical services ltd Ownership

xl technical services ltd directors

xl technical services ltd company details

xl technical services ltd Charges & Mortgages

xl technical services ltd Companies House Filings - See Documents