TXO SYSTEMS LTD
Company number 05479601 · Monitor this company
Executive summary
TXO Systems Ltd occupies a leadership position in the UK and European secondary telecom equipment market, leveraging its scale, multi-vendor capability, and recent private equity backing from Towerbrook Capital Partners to pursue an ambitious buy-and-build strategy. The company's gross margin improvement to 41% and return to operating profitability demonstrate successful execution of a service-led strategic pivot, though the significant revenue decline from the £38m peak and depleted cash reserves following acquisitions present execution risks. The sector's structural tailwinds – including OEM supply constraints, 5G transition demand, and sustainability-driven procurement shifts – provide a favourable backdrop, but TXO's future trajectory will depend on effective integration of acquired businesses, successful completion of further acquisitions from the stated pipeline, and restoration of revenue growth alongside margin expansion.
Shareholders' funds
£16,351,580
Balance sheet as at 2024-06-30
What it does
The principal activity of the company continued to be that of the selling of telecom equipment.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2005-06-13
- Employees
- 121 (2024 accounts · was 119 in 2023)
- Registered office
- Finance & Administration Dept Unit 3 Severn Cross Distribution Park, Newhouse Farm Ind Estate, Chepstow, Monmouthshire, NP16 6UP
- Postcode
- NP16 6UP
- Capital
- 23 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-06-30
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-13
- Next due by
- 2027-06-27
Nature of business (SIC)
- 61900 Other telecommunications activities
Officers 2 current · 13 resigned
Group structure 1 subsidiary
Controlled by TXO DELTA BIDCO LIMITED — since 2023-06-20
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA494021 (Tier 2), registered since 2019.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- txo-systems.com
As the no.1 alternative to the OEM, we specialise in providing multi-vendor refurbished telecom hardware & critical communications solutions.
Previous company names
| Name | Date changed |
|---|---|
| TRANSMISSION ONLY LTD | 2011-01-10 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| ROYAL ALBERT HOUSE GROUND FLOOR (UPPER), SHEET STREET, WINDSOR, BERKSHIRE, SL4 1BE, UNITED KINGDOM | 2014-02-03 |
| UNIT 9 SLOUGH BUSINESS CENTRE, BRISTOL WAY, SLOUGH, BERKSHIRE, SL1 3TD | 2010-09-28 |
| UNIT 9 SLOUGH BUSINESS CENTRE, BRISTOL WAY, SLOUGH, BERKSHIRE SL1 3TD | 2007-07-03 |
| UNIT 2 HERITAGE COURT, GILCHRIST THOMAS INDUSTRIAL, ESTATE, BLAENAVON, GWENT NP4 9RL | 2007-06-27 |
Among its peers
Top 5%
by shareholders' funds, of 27 similar companies in NP
The largest employer among its local peers (121 staff).
Among the oldest 25% of its local peers, trading since 2005.
No.1 of the largest other telecommunications activities companies in Newport →
Competitors Newport
This company ranks 1 among other telecommunications activities in Newport.
The class of 2005
24%
of the 631 companies in this sector incorporated in 2005 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 3 titles
- Leasehold
- 3
- Most recent registration
- 2023-07-19
- Where
- Monmouthshire (3)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| CYM872444 | Monmouthshire | Leasehold | 2023-07-19 | — |
| CYM872445 | Monmouthshire | Leasehold | 2023-07-19 | — |
| CYM488275 | Monmouthshire | Leasehold | 2010-04-15 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.