XIATECH LIMITED Financials
- Company number
- 08677559CopyCopy
- Registered office
- 71 Queen Victoria Street, London EC4V 4BE
- Incorporated
- 05/09/2013
Company snapshot
- Status
- Active
- Employees
- 66 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-21.63%vs 20232023: £4.71M
Total Assets
-3.92%vs 20232023: £8.49M
Cash in Bank
-91.26%vs 20232023: £1.21M
Total Liabilities
18.79%vs 20232023: £3.73M
Employees
+3vs 20232023: 63
In 2024, XIATECH LIMITED reported net assets of £3.69M. The same filing shows total assets of £8.15M, cash in bank of £106.14K and total liabilities of £4.43M. Reported headcount was 66 in 2024. Cash in Bank fell from £1.21M in 2023 to £106.14K in 2024 (-91.26%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-21.63%from £4.71M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures XIATECH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-19.6%vs 2022-10.3% a year compound (CAGR)
Cash in Bank
-73.4%vs 2022-48.4% a year compound (CAGR)
Employees
+22.2%vs 2022+12Biggest increase
Employees+22.2%
54 in 2022 to 66 in 2024
Biggest decrease
Cash in Bank-73.4%
£399.16K in 2022 to £106.14K in 2024
XIATECH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from XIATECH LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 45.27%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 54.33%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 2.40%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.30%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for XIATECH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 4.49M | 4.59M | 4.71M | 3.69M |
| Total Assets£ | 5.69M | – | 8.49M | 8.15M |
| Cash in Bank£ | 578.99K | 399.16K | 1.21M | 106.14K |
| Total Liabilities£ | 1.11M | – | 3.73M | 4.43M |
| Employees | 23 | 54 | 63 | 66 |
XIATECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for XIATECH LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
XIATECH LIMITED reported net assets of £3.69M for 2024. That compares with £4.71M in 2023, a change of -21.63%.
XIATECH LIMITED reported total assets of £8.15M for 2024. That compares with £8.49M in 2023, a change of -3.92%.
XIATECH LIMITED reported cash in bank of £106.14K for 2024. That compares with £1.21M in 2023, a change of -91.26%.
XIATECH LIMITED reported 66 employees in 2024, compared with 63 in 2023.
Between 2022 and 2024, XIATECH LIMITED's net assets fell by 19.6%, cash in bank fell by 73.4% and employee numbers rose by 22.2%. Net assets contracted at 10.3% a year across the two years to 2024, from £4.59M to £3.69M. Reported headcount went from 54 in 2022 to 66 in 2024 (+12).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.