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Company No. SC438223 · Incorporated 5 Dec 2012

Xelect Limited

Registered name: XELECT LIMITED

Part of Genus PLC group

Xelect Limited made £203k profit in the year to 30 Jun 2023 (revenue not disclosed).

Xelect Limited reported £203k profit in the year to 30 Jun 2023, up 31% on the year before; its revenue was not disclosed. It had 17 employees. The company is classified under “other service activities” and is based in ST. Andrews; we hold 2 years of its filed accounts.

Profit onlySection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
ST. Andrews, Scotland
Age
13 yrs · since 2012
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Jun 2023

Key figures

Revenue
—
Not disclosed in filing
Profit
£203k
Growth ▲31.1%
Profit margin
—
 
Employees
17
Change 0%
Profit / employee
£11.9k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 202230 Jun 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£155k£203k
Profit (best available)£155k£203k
Employees (average)1717
Ratios
Profit margin——
Profit per employee£9.1k£11.9k
Growth (year on year)
Profit growth—▲31.1%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£208k£360k
Net assets£727k£931k
Fixed assets£201k£177k
Current assets£739k£1m
Debtors£395k£479k
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£11.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲28%
Now £931k
Cash at bank
▲73%
Now £360k
Headcount
0%
Now 17
Deferred income
—
Now —
Fixed assets
▼12%
Now £177k
Corporate ownership

Group structure

Ownership chain

  1. Genus PLCultimate parent75–100%
  2. Genus Investments Limited75–100%
  3. Xelect Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £203k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.