xl associates ltd
xl associates ltd Company Information
Company Number
09551780
Next Accounts
69 days late
Directors
Shareholders
xl associates uk ltd
harminder chahal
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
hazara house, 502 -504 dudley road, wolverhampton, WV2 3AA
Website
www.xlauk.comxl associates ltd Estimated Valuation
Pomanda estimates the enterprise value of XL ASSOCIATES LTD at £358.1k based on a Turnover of £491.2k and 0.73x industry multiple (adjusted for size and gross margin).
xl associates ltd Estimated Valuation
Pomanda estimates the enterprise value of XL ASSOCIATES LTD at £0 based on an EBITDA of £-19.2k and a 4.68x industry multiple (adjusted for size and gross margin).
xl associates ltd Estimated Valuation
Pomanda estimates the enterprise value of XL ASSOCIATES LTD at £165.7k based on Net Assets of £54.1k and 3.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Xl Associates Ltd Overview
Xl Associates Ltd is a live company located in wolverhampton, WV2 3AA with a Companies House number of 09551780. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2015, it's largest shareholder is xl associates uk ltd with a 90% stake. Xl Associates Ltd is a established, micro sized company, Pomanda has estimated its turnover at £491.2k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Xl Associates Ltd Health Check
Pomanda's financial health check has awarded Xl Associates Ltd a 3 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
4 Strong
2 Regular
4 Weak
Size
annual sales of £491.2k, make it larger than the average company (£219.9k)
- Xl Associates Ltd
£219.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.8%)
- Xl Associates Ltd
6.8% - Industry AVG
Production
with a gross margin of 52.7%, this company has a higher cost of product (91.5%)
- Xl Associates Ltd
91.5% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (14%)
- Xl Associates Ltd
14% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
7 - Xl Associates Ltd
3 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Xl Associates Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £70.2k, this is equally as efficient (£77.5k)
- Xl Associates Ltd
£77.5k - Industry AVG
Debtor Days
it gets paid by customers after 184 days, this is later than average (76 days)
- Xl Associates Ltd
76 days - Industry AVG
Creditor Days
its suppliers are paid after 263 days, this is slower than average (26 days)
- Xl Associates Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Xl Associates Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Xl Associates Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.5%, this is a higher level of debt than the average (50.9%)
80.5% - Xl Associates Ltd
50.9% - Industry AVG
XL ASSOCIATES LTD financials
Xl Associates Ltd's latest turnover from April 2023 is estimated at £491.2 thousand and the company has net assets of £54.1 thousand. According to their latest financial statements, Xl Associates Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 8 | 7 | 7 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,405 | 22,851 | 1,647 | 414 | 414 | |||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 29,405 | 22,851 | 1,647 | 414 | 414 | |||
| Stock & work in progress | ||||||||
| Trade Debtors | 247,747 | 236,211 | 159,441 | 178,867 | 148,979 | 125,571 | 40,791 | 26,623 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 247,747 | 236,211 | 159,441 | 178,867 | 148,979 | 125,571 | 40,791 | 26,623 |
| total assets | 277,152 | 259,062 | 161,088 | 179,281 | 149,393 | 125,571 | 40,791 | 26,623 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 168,171 | 116,235 | 94,526 | 167,713 | 136,767 | 112,369 | 34,481 | 25,043 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 168,171 | 116,235 | 94,526 | 167,713 | 136,767 | 112,369 | 34,481 | 25,043 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 54,837 | 69,491 | 50,000 | |||||
| provisions | ||||||||
| total long term liabilities | 54,837 | 69,491 | 50,000 | |||||
| total liabilities | 223,008 | 185,726 | 144,526 | 167,713 | 136,767 | 112,369 | 34,481 | 25,043 |
| net assets | 54,144 | 73,336 | 16,562 | 11,568 | 12,626 | 13,202 | 6,310 | 1,580 |
| total shareholders funds | 54,144 | 73,336 | 16,562 | 11,568 | 12,626 | 13,202 | 6,310 | 1,580 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 11,536 | 76,770 | -19,426 | 29,888 | 23,408 | 84,780 | 14,168 | 26,623 |
| Creditors | 51,936 | 21,709 | -73,187 | 30,946 | 24,398 | 77,888 | 9,438 | 25,043 |
| Accruals and Deferred Income | ||||||||
| 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 | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -14,654 | 19,491 | 50,000 | |||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
xl associates ltd Credit Report and Business Information
Xl Associates Ltd Competitor Analysis
Perform a competitor analysis for xl associates ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WV2 area or any other competitors across 12 key performance metrics.
xl associates ltd Ownership
XL ASSOCIATES LTD group structure
Xl Associates Ltd has no subsidiary companies.
xl associates ltd directors
Xl Associates Ltd currently has 1 director, Ms Harminder Chahal serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Harminder Chahal | England | 50 years | Apr 2015 | - | Director |
P&L
April 2023turnover
491.2k
+9%
operating profit
-19.2k
0%
gross margin
52.7%
-3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
54.1k
-0.26%
total assets
277.2k
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
xl associates ltd company details
company number
09551780
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
xl associates wolverhampton ltd (December 2017)
accountant
-
auditor
-
address
hazara house, 502 -504 dudley road, wolverhampton, WV2 3AA
Bank
-
Legal Advisor
-
xl associates ltd 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 xl associates ltd.
xl associates ltd 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 XL ASSOCIATES LTD. This can take several minutes, an email will notify you when this has completed.
xl associates ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
