xite solutions limited
xite solutions limited Company Information
Company Number
08903019
Next Accounts
Mar 2026
Shareholders
lindsey jane jones
rossukon marshall
View AllGroup Structure
View All
Industry
Computer consultancy activities
Registered Address
suite 5 88 lower marsh, waterloo, london, SE1 7AB
Website
-xite solutions limited Estimated Valuation
Pomanda estimates the enterprise value of XITE SOLUTIONS LIMITED at £169.8k based on a Turnover of £333.9k and 0.51x industry multiple (adjusted for size and gross margin).
xite solutions limited Estimated Valuation
Pomanda estimates the enterprise value of XITE SOLUTIONS LIMITED at £13k based on an EBITDA of £3.6k and a 3.58x industry multiple (adjusted for size and gross margin).
xite solutions limited Estimated Valuation
Pomanda estimates the enterprise value of XITE SOLUTIONS LIMITED at £86.8k based on Net Assets of £38k and 2.29x industry multiple (adjusted for liquidity).
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Xite Solutions Limited Overview
Xite Solutions Limited is a live company located in london, SE1 7AB with a Companies House number of 08903019. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2014, it's largest shareholder is lindsey jane jones with a 25% stake. Xite Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £333.9k with healthy growth in recent years.
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Xite Solutions Limited Health Check
Pomanda's financial health check has awarded Xite Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £333.9k, make it smaller than the average company (£1.5m)
- Xite Solutions Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.3%)
- Xite Solutions Limited
10.3% - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (45.8%)
- Xite Solutions Limited
45.8% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.6%)
- Xite Solutions Limited
5.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Xite Solutions Limited
12 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
- Xite Solutions Limited
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £83.5k, this is less efficient (£130.8k)
- Xite Solutions Limited
£130.8k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (60 days)
- Xite Solutions Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (27 days)
- Xite Solutions Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Xite Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Xite Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.5%, this is a higher level of debt than the average (56.2%)
69.5% - Xite Solutions Limited
56.2% - Industry AVG
XITE SOLUTIONS LIMITED financials
Xite Solutions Limited's latest turnover from June 2024 is estimated at £333.9 thousand and the company has net assets of £38 thousand. According to their latest financial statements, Xite Solutions Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,354 | 2,821 | 826 | 316 | 958 | 1,816 | 1,461 | 1,704 | 1,386 | 633 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 3,354 | 2,821 | 826 | 316 | 958 | 1,816 | 1,461 | 1,704 | 1,386 | 633 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 121,045 | 94,290 | 80,822 | 99,546 | 84,045 | 96,407 | 99,273 | 30 | ||
| Group Debtors | ||||||||||
| Misc Debtors | 2,961 | |||||||||
| Cash | 104,546 | 88,232 | 81,386 | |||||||
| misc current assets | ||||||||||
| total current assets | 121,045 | 94,290 | 80,822 | 99,546 | 84,045 | 96,407 | 99,273 | 104,546 | 91,193 | 81,416 |
| total assets | 124,399 | 97,111 | 81,648 | 99,862 | 85,003 | 98,223 | 100,734 | 106,250 | 92,579 | 82,049 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 86,419 | 61,841 | 61,957 | 61,820 | 60,035 | 66,280 | 54,558 | 65,774 | ||
| Group/Directors Accounts | 18,970 | |||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 87,877 | 92,065 | ||||||||
| total current liabilities | 86,419 | 61,841 | 61,957 | 61,820 | 60,035 | 66,280 | 73,528 | 87,877 | 92,065 | 65,774 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 86,419 | 61,841 | 61,957 | 61,820 | 60,035 | 66,280 | 73,528 | 87,877 | 92,065 | 65,774 |
| net assets | 37,980 | 35,270 | 19,691 | 38,042 | 24,968 | 31,943 | 27,206 | 18,373 | 514 | 16,275 |
| total shareholders funds | 37,980 | 35,270 | 19,691 | 38,042 | 24,968 | 31,943 | 27,206 | 18,373 | 514 | 16,275 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 854 | 409 | 103 | |||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | 26,755 | 13,468 | -18,724 | 15,501 | -12,362 | -2,866 | 99,273 | -2,961 | 2,931 | 30 |
| Creditors | 24,578 | -116 | 137 | 1,785 | -6,245 | 11,722 | 54,558 | -65,774 | 65,774 | |
| Accruals and Deferred Income | -87,877 | -4,188 | 92,065 | |||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -18,970 | 18,970 | ||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -104,546 | 16,314 | 6,846 | 81,386 | ||||||
| overdraft | ||||||||||
| change in cash | -104,546 | 16,314 | 6,846 | 81,386 |
xite solutions limited Credit Report and Business Information
Xite Solutions Limited Competitor Analysis
Perform a competitor analysis for xite solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SE1 area or any other competitors across 12 key performance metrics.
xite solutions limited Ownership
XITE SOLUTIONS LIMITED group structure
Xite Solutions Limited has no subsidiary companies.
Ultimate parent company
XITE SOLUTIONS LIMITED
08903019
xite solutions limited directors
Xite Solutions Limited currently has 4 directors. The longest serving directors include Mr Christopher Jones (Feb 2014) and Mr Jonathon Marshall (Feb 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Jones | England | 55 years | Feb 2014 | - | Director |
| Mr Jonathon Marshall | United Kingdom | 57 years | Feb 2014 | - | Director |
| Mrs Lindsey Jones | England | 49 years | Mar 2017 | - | Director |
| Mrs Rossukon Marshall | England | 50 years | Oct 2017 | - | Director |
P&L
June 2024turnover
333.9k
+27%
operating profit
3.6k
0%
gross margin
24.5%
-6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
38k
+0.08%
total assets
124.4k
+0.28%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
xite solutions limited company details
company number
08903019
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
suite 5 88 lower marsh, waterloo, london, SE1 7AB
Bank
-
Legal Advisor
-
xite solutions 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 xite solutions limited.
xite solutions 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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xite solutions limited Companies House Filings - See Documents
| date | description | view/download |
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