Xl Scales Limited

Xl Scales Ltd, based in Downham Market, UK, is a small, family-run business with an active status, celebrating 30 years in operation. Employing five people and holding £277,197 in assets, it's a well-established entity with a real address and two directors and owners. The company boasts a stellar 5.0 Google rating based on two reviews, indicating high customer satisfaction. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with recent activity recorded just two months ago.

Xl Scales Ltd operates as a commercial and industrial weighing solutions provider, offering a wide range of scales, from analytical precision balances to weighbridges. Its website showcases a comprehensive suite of services, including sales, hire, calibration, and servicing, catering to diverse industries. The company also offers a "Hire to Buy" scheme, allowing customers to trial equipment before committing to a purchase. They supply a wide range of high-quality scales sourced from top manufacturers.

Financially, Xl Scales Ltd shows a positive trend. Current assets increased by 25% to £280,000, while net assets grew by 12% to £210,000. Cash reserves saw a healthy 37% increase to £130,000, reflecting improved liquidity. Creditors also rose by 48%, which could be a sign of increased purchasing activity. Trade debtors increased by 14%, suggesting a growing customer base. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited.

The company’s growth in assets and cash reserves suggests a financially stable position, although the rise in creditors warrants monitoring. The family-run nature and focus on customer service, combined with a growing customer base, indicate a promising future for Xl Scales Ltd.

Registered in England/Wales under the registration number 03037185, with a registered address at PE38 9SW, Downham Market, Norfolk, Unit 7, Trafalgar Industrial Estate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.