EXCELL BUSINESS SYSTEMS LIMITED - Profile & Financials

Accounts Submitted 31 Mar 2023

Confirmation Statement Submitted 2 May 2023

Net assets £1.23M £448.37K 2021 year on year

Total assets £15.91M £9.27M 2021 year on year

Total Liabilities £14.68M £8.95M 2021 year on year

Charges 4

4 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Wavenet Group, Second Floor One Central Boulevard Central Boulevard, Blythe Valley Park Shirley Solihull B90 8BG United Kingdom

Office (London)

Ink Rooms, 27 Easton St, London WC1X 0DS

Telephone

0122 326 1355

accounts@excellgroup.com

Website

excellgroup.com

Credit Report

Discover EXCELL BUSINESS SYSTEMS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2021

Type Total Exemption Full

Next accounts 31 December 2022

Due by 30 September 2023 9 months

Net Assets, Total Assets & Total Liabilities (2018–2021)

Cash in Bank

£268.50k

Decreased by £342.23k (-56%)

Net Assets

£1.23M

Increased by £448.37k (+57%)

Total Liabilities

£14.68M

Increased by £8.95M (+156%)

Turnover

£19.32M

Increased by £1.36M (+8%)

Employees

134

Debt Ratio

92%

Increased by 6 (+7%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2021 Dec Year End	2021 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active 10 resigned

Show resigned officers

						Status
Philip Howard Grannum	Director	British	England	57	10 Nov 2021	Active
Stewart James Motler	Director	British	England	48	10 Nov 2021	Active
Venetia Lois Cooper	Director	British	England	51	21 Feb 2022	Active
William Thomas Dawson	Director	British	England	62	10 Nov 2021	Active

Shareholders

Shareholders (1)


The Excell Group Limited	100.0%	79,000	Ordinary	28 Apr 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

The Excell Group Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

The Excell Group Plc

Ceased 30 Nov 2017

Ceased

Excell Holdings Limited

Ceased 1 Jan 2020

Ceased

See All Controllers

Group Structure

THE EXCELL GROUP LIMITED united kingdom shares 75 to 100 percent

EXCELL MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

EXCELL HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THETIS BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THETIS PARENTCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THETIS MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

WN CORPORATE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THETIS TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MACQUARIE EUROPEAN INVESTMENT HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MACQUARIE PRINCIPAL FINANCE UK LIMITED united kingdom

EXCELL BUSINESS SYSTEMS LIMITED Current Company

EXCELL BUSINESS SYSTEMS (MIDLANDS) LIMITED united kingdom shares 50 to 75 percent

REAL LEASING SOLUTIONS LIMITED united kingdom shares 75 to 100 percent

Charges

4 satisfied

Documents

Company Filings

Date	Category	Description	Document
11 Jun 2024	Gazette	Gazette Dissolved Voluntary	View(1 page)
26 Mar 2024	Gazette	Gazette Notice Voluntary	View(1 page)
13 Mar 2024	Dissolution	Dissolution Application Strike Off Company	View(3 pages)
5 Mar 2024	Capital	Statement by Directors	View(1 page)
5 Mar 2024	Insolvency	Solvency Statement dated 04/03/24	View(1 page)