XL CARS (GROUP) LIMITED Financials
- Company number
- 12257441CopyCopy
- Registered office
- Xl Green Cars Unit 1a, Potters Lane, Wednesbury, West Midlands WS10 0AS
- Incorporated
- 11/10/2019
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
10.79%vs 20242024: £-109.13K
Total Assets
-20.52%vs 20242024: £60.79K
Cash in Bank
-20.92%vs 20242024: £13.30K
Total Liabilities
-14.27%vs 20242024: £169.92K
Employees
-4vs 20242024: 15
In 2025, XL CARS (GROUP) LIMITED reported net assets of £-97.36K. The same filing shows total assets of £48.31K, cash in bank of £10.52K and total liabilities of £145.67K. Reported headcount was 11 in 2025. Total Liabilities fell from £169.92K in 2024 to £145.67K in 2025 (-14.27%). Okredo holds filed figures for 2021–2025; 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
10.79%from £-109.13K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures XL CARS (GROUP) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Cash in Bank
-4.9%vs 2023-2.5% a year compound (CAGR)
Total Assets
-26%vs 2023-14% a year compound (CAGR)
Total Liabilities
+4.5%vs 2023+2.2% a year compound (CAGR)
Employees
-15.4%vs 2023-2Biggest increase
Total Liabilities+4.5%
£139.38K in 2023 to £145.67K in 2025
Biggest decrease
Total Assets-26%
£65.26K in 2023 to £48.31K in 2025
XL CARS (GROUP) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from XL CARS (GROUP) 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
- -201.52%2025
- 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
- 301.52%2025
- 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
- 7.22%2025
- 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
- 21.77%2025
- 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 XL CARS (GROUP) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -26.64K | -45.42K | -74.12K | -109.13K | -97.36K |
| Total Assets£ | 99.61K | 78.18K | 65.26K | 60.79K | 48.31K |
| Cash in Bank£ | 44.40K | 34.89K | 11.06K | 13.30K | 10.52K |
| Total Liabilities£ | 126.25K | 123.60K | 139.38K | 169.92K | 145.67K |
| Employees | 15 | 14 | 13 | 15 | 11 |
XL CARS (GROUP) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for XL CARS (GROUP) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
XL CARS (GROUP) LIMITED reported net assets of £-97.36K for 2025. That compares with £-109.13K in 2024, a change of 10.79%.
XL CARS (GROUP) LIMITED reported total assets of £48.31K for 2025. That compares with £60.79K in 2024, a change of -20.52%.
XL CARS (GROUP) LIMITED reported cash in bank of £10.52K for 2025. That compares with £13.30K in 2024, a change of -20.92%.
XL CARS (GROUP) LIMITED reported 11 employees in 2025, compared with 15 in 2024.
Between 2023 and 2025, XL CARS (GROUP) LIMITED's cash in bank fell by 4.9%, total assets fell by 26%, total liabilities rose by 4.5% and employee numbers fell by 15.4%. Cash in bank contracted at 2.5% a year across the two years to 2025, from £11.06K to £10.52K. Reported headcount went from 13 in 2023 to 11 in 2025 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.