xel projects limited
xel projects limited Company Information
Company Number
07210931
Next Accounts
Jan 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Directors
Shareholders
sean joyner
Group Structure
View All
Contact
Registered Address
bdo llp thames tower 12th floor, station rd, reading, RG1 1LX
Website
xelprojects.comxel projects limited Estimated Valuation
Pomanda estimates the enterprise value of XEL PROJECTS LIMITED at £404.6k based on a Turnover of £1.1m and 0.35x industry multiple (adjusted for size and gross margin).
xel projects limited Estimated Valuation
Pomanda estimates the enterprise value of XEL PROJECTS LIMITED at £0 based on an EBITDA of £-28.7k and a 3.27x industry multiple (adjusted for size and gross margin).
xel projects limited Estimated Valuation
Pomanda estimates the enterprise value of XEL PROJECTS LIMITED at £173.6k based on Net Assets of £76.5k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Xel Projects Limited Overview
Xel Projects Limited is a dissolved company that was located in reading, RG1 1LX with a Companies House number of 07210931. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2010, it's largest shareholder was sean joyner with a 100% stake. The last turnover for Xel Projects Limited was estimated at £1.1m.
Upgrade for unlimited company reports & a free credit check
Xel Projects Limited Health Check
Pomanda's financial health check has awarded Xel Projects Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.2m)
- Xel Projects Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (7.8%)
- Xel Projects Limited
7.8% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (26.1%)
- Xel Projects Limited
26.1% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (6.7%)
- Xel Projects Limited
6.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (46)
- Xel Projects Limited
46 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Xel Projects Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £285.1k, this is more efficient (£170.1k)
- Xel Projects Limited
£170.1k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (56 days)
- Xel Projects Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (41 days)
- Xel Projects Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 102 days, this is more than average (10 days)
- Xel Projects Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Xel Projects Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.2%, this is a higher level of debt than the average (68.7%)
84.2% - Xel Projects Limited
68.7% - Industry AVG
XEL PROJECTS LIMITED financials
Xel Projects Limited's latest turnover from April 2016 is estimated at £1.1 million and the company has net assets of £76.5 thousand. According to their latest financial statements, we estimate that Xel Projects Limited has 4 employees and maintains cash reserves of £327 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 74,239 | 95,057 | 76,745 | 58,980 | 30,749 | 295 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 74,239 | 95,057 | 76,745 | 58,980 | 30,749 | 295 |
| Stock & work in progress | 267,000 | 242,000 | 294,000 | 6,000 | 24,800 | 5,000 |
| Trade Debtors | 142,726 | 211,910 | 129,668 | 418,139 | 198,749 | 97,884 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 14,850 | 0 |
| Cash | 327 | 44,298 | 204,082 | 88,746 | 277,849 | 4,731 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 410,053 | 498,208 | 627,750 | 512,885 | 516,248 | 107,615 |
| total assets | 484,292 | 593,265 | 704,495 | 571,865 | 546,997 | 107,910 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 362,605 | 397,919 | 505,596 | 414,759 | 460,972 | 95,646 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 362,605 | 397,919 | 505,596 | 414,759 | 460,972 | 95,646 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 31,663 | 56,642 | 59,861 | 48,322 | 24,592 | 0 |
| provisions | 13,490 | 10,769 | 13,688 | 9,983 | 4,170 | 61 |
| total long term liabilities | 45,153 | 67,411 | 73,549 | 58,305 | 28,762 | 61 |
| total liabilities | 407,758 | 465,330 | 579,145 | 473,064 | 489,734 | 95,707 |
| net assets | 76,534 | 127,935 | 125,350 | 98,801 | 57,263 | 12,203 |
| total shareholders funds | 76,534 | 127,935 | 125,350 | 98,801 | 57,263 | 12,203 |
| Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 22,786 | 25,889 | 21,528 | 16,172 | 8,185 | 36 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 25,000 | -52,000 | 288,000 | -18,800 | 19,800 | 5,000 |
| Debtors | -69,184 | 82,242 | -288,471 | 204,540 | 115,715 | 97,884 |
| Creditors | -35,314 | -107,677 | 90,837 | -46,213 | 365,326 | 95,646 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 2,721 | -2,919 | 3,705 | 5,813 | 4,109 | 61 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -24,979 | -3,219 | 11,539 | 23,730 | 24,592 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -43,971 | -159,784 | 115,336 | -189,103 | 273,118 | 4,731 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -43,971 | -159,784 | 115,336 | -189,103 | 273,118 | 4,731 |
xel projects limited Credit Report and Business Information
Xel Projects Limited Competitor Analysis
Perform a competitor analysis for xel projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in RG1 area or any other competitors across 12 key performance metrics.
xel projects limited Ownership
XEL PROJECTS LIMITED group structure
Xel Projects Limited has no subsidiary companies.
Ultimate parent company
XEL PROJECTS LIMITED
07210931
xel projects limited directors
Xel Projects Limited currently has 1 director, Mr Sean Joyner serving since Apr 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Joyner | England | 56 years | Apr 2010 | - | Director |
P&L
April 2016turnover
1.1m
-13%
operating profit
-51.5k
0%
gross margin
16.8%
+9.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2016net assets
76.5k
-0.4%
total assets
484.3k
-0.18%
cash
327
-0.99%
net assets
Total assets minus all liabilities
xel projects limited company details
company number
07210931
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
April 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
April 2016
previous names
N/A
accountant
-
auditor
-
address
bdo llp thames tower 12th floor, station rd, reading, RG1 1LX
Bank
-
Legal Advisor
-
xel projects 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 xel projects limited.
xel projects 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.
Click to start generating capital raising & share issue transactions for XEL PROJECTS LIMITED. This can take several minutes, an email will notify you when this has completed.
xel projects limited Companies House Filings - See Documents
| date | description | view/download |
|---|
