{"name":"EXTEL LIMITED","company_number":"03275554","status":"Active","type":"Private Limited Company","incorporated":"1996-11-08","dissolved":null,"registered_office":"Primrose Hill Farm Meadowsweet Avenue, Kings Norton, Birmingham, West Midlands, B38 9QW","postcode":"B38 9QW","sic_codes":[{"code":87200,"description":"Residential care activities for mental retardation, mental health and substance abuse"}],"principal_activity":"The principal activity of the company in the year under review was that of the provision of high quality care and support services to people with challenging behaviour, both within in its residential care homes and those under the supported living service in Birmingham and neighbouring areas.","previous_names":[],"warnings":[],"accounts":{"category":"Medium","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":356,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","turnover":17219520,"profit_loss":2197114,"net_assets":8444827,"cash":2532649,"average_employees":356},{"financial_date":"2024-03-31","turnover":16712142,"profit_loss":2583221,"net_assets":8579906,"cash":6757907,"average_employees":349},{"financial_date":"2023-03-31","turnover":15198807,"net_assets":9484326,"cash":5537974},{"financial_date":"2022-03-31","turnover":14513833,"net_assets":5992371,"cash":4083713},{"financial_date":"2021-03-31","turnover":14011828,"net_assets":3175191,"cash":2112310}],"officers":{"current":5,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":4},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"EXTEL Limited presents a mixed risk profile: a well-established care operator with strong occupancy, growing revenues, and a substantial net asset base, but facing significant margin compression and a dramatic decline in cash reserves. The 62.6% reduction in cash alongside a 50% increase in liabilities and meaningful profitability deterioration are the primary concerns requiring immediate investigation. The new HSBC facility provides some reassurance of lender confidence, but the terms and underlying cash flow dynamics must be understood before forming a complete assessment. Overall, the business appears operationally sound but financially stretched relative to its recent historical position.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/extel","people":"https://www.companiesintheuk.co.uk/company/extel/people","filing_history":"https://www.companiesintheuk.co.uk/company/extel/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03275554","financials":"https://www.companiesintheuk.co.uk/company/extel/financial","control":"https://www.companiesintheuk.co.uk/company/extel/control","charges":"https://www.companiesintheuk.co.uk/company/extel/charges","pay_gap":"https://www.companiesintheuk.co.uk/company/extel/pay-gap","ai_analysis":"https://www.companiesintheuk.co.uk/company/extel/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/extel"}