X.E.L. ELECTRONICS LIMITED

Active
Company number 02743559Private limited companyIncorporated 1992

Key figures

£13,733,814+16.3%
Net assets 2024/25
+17.3%
Average annual growth 2019/20–2024/25
05 m10 m15 m2019/202020/212021/222022/232023/242024/25

X.E.L. ELECTRONICS LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024/25

Sector comparison

SIC 46900

Where the company stands among the 29,704 active companies whose first SIC code is 46900 (Non-specialised wholesale trade).

Net assets£13,733,814
Higher than 98% · median £12,105
Total assets£27,816,938
Higher than 99% · median £87,925
Cash£4,624,624
Higher than 97% · median £45,930
Employees0
Lower than 65% · median 1
Company age34.2 years
Older than 94% · median 3.3 years
Largest in this sector by net assets
  1. TRAVIS PERKINS PLC£1.8bn
  2. AAA HOLDING GROUP LTD£701.7m
  3. WOLSELEY UK LIMITED£464.6m
  4. SMITHS NEWS TRADING LIMITED£359.7m
  5. HEXAGON METROLOGY SERVICES LIMITED£301m
  6. KINGFISHER INTERNATIONAL PRODUCTS LIMITED£298.3m
  7. HOM RE LIMITED£251.3m
  8. WESCO ANIXTER UK LIMITED£191.4m
  9. THE BSS GROUP LIMITED£188.9m
  10. MARUBENI EUROPE PLC£172.9m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 29,704. The line on each bar marks the median.

Summary: X.E.L. ELECTRONICS LIMITED

What kind of company is it?

X.E.L. ELECTRONICS LIMITED is a private limited company registered with Companies House under company number 02743559. It was incorporated on 28 Aug 1992. Its status is active. The registered office is in Petersfield (GU32). Its nature of business (SIC 2007) is non-specialised wholesale trade (46900).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files full accounts. Profit for the year was £2,351,263. Net assets were £13,733,814, up 16.3% on the previous year. Cash at bank and in hand was £4,624,624. Total assets were £27,816,938 and total liabilities £14,196,188. The company had an average of 0 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 29,704 active companies whose first SIC code is 46900: By net assets it ranks higher than 98% of them (median £12,105). By total assets it ranks higher than 99% of them (median £87,925). By cash it ranks higher than 97% of them (median £45,930). By number of employees it ranks lower than 65% of them (median 1). It is older than 94% of them (median age 3.3 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly machinery, electrical equipment. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment.

Who runs and controls the company?

The company has 3 current directors. One person with significant control is registered. 8 of 8 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 31 Aug 2027.

Dividends

from the accounts
2024/25

Dividends paid in the financial year: £431,000 (18% of the profit for the year).

History
2024/25£431,000
2023/24£418,000
2022/23£522,000
2021/22£393,500
2020/21£734,498
2019/20£3,808,220
Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Turnover70,200,31668,574,608———
Profit for the year3,216,317697,1951,284,7042,495,5262,351,263
Cash at bank and in hand806,5854,546,1734,267,6373,640,4464,624,624
Total assets17,507,92216,786,94714,605,41224,797,83627,816,938
Total liabilities8,846,3397,822,8404,873,77913,063,49114,196,188
Net assets / total equity8,669,6268,973,3219,736,02511,813,55113,733,814
Average number of employees13111190
Average pay (per year)79,57954,58854,533123,279—
Dividends paid734,498393,500522,000418,000431,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the company continued to be that of

As described in the company's latest filed accounts.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery and electrical equipment.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery and electrical equipment.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

29 events
  1. Financial year 2024/25 endedAccounts: net assets £13.7m, 0 employees
  2. Financial year 2023/24 endedAccounts: net assets £11.8m, 9 employees
  3. Financial year 2022/23 endedAccounts: net assets £9.7m, 11 employees
  4. Financial year 2021/22 endedAccounts: turnover £68.6m, net assets £9m, 11 employees
  5. Financial year 2020/21 endedAccounts: turnover £70.2m, net assets £8.7m, 13 employees
  6. Xelgh Limited registered as a person with significant control
  7. Xel Group Holdings Limited ceased to be a person with significant control
  8. Financial year 2019/20 endedAccounts: turnover £46.7m, net assets £6.2m, 12 employees
Earlier events (21)
  1. Xel Group Holdings Limited registered as a person with significant control
  2. Xel Group Limited ceased to be a person with significant control
  3. David Robert WARD resignedDirector
  4. James Alexander GOMAN appointedDirector
  5. Xel Group Limited registered as a person with significant control
  6. Mr Paul Kuszka ceased to be a person with significant control
  7. Mr Paul Kuszka registered as a person with significant control
  8. Kim Lorraine KUSZKA resignedDirector
  9. David Robert WARD appointedDirector
  10. Dominic Anthony WEBB appointedDirector
  11. Ann Maria DENNY resignedDirector
  12. Peter John DENNY resignedDirector
  13. Ann Maria DENNY appointedDirector
  14. Peter John DENNY appointedDirector
  15. TEMPLE SECRETARIES LIMITED resignedNominee secretary (corporate)
  16. COMPANY DIRECTORS LIMITED resignedNominee director (corporate)
  17. Paul KUSZKA appointedSecretary
  18. Paul KUSZKA appointedDirector
  19. TEMPLE SECRETARIES LIMITED appointedNominee secretary (corporate)
  20. COMPANY DIRECTORS LIMITED appointedNominee director (corporate)
  21. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.