QXTEL LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-17.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +14.8%

  £92,221,911 → £105,872,012

  highest in 5 filed years

• Cash

  -39.4%

  £891,992 → £540,852

  lowest in 7 filed years

• Net assets

  +10.1%

  £1,272,450 → £1,401,237

• Employees

  -33.3%

  6 → 4

• Operating profit

  +43.8%

  £638,427 → £918,255

• Profit before tax

  +44.9%

  £623,795 → £903,600

• Wages

  -26%

  £836,058 → £618,767

  lowest in 5 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The forecasts demonstrate that the Company has reasonable assurance it will have sufficient cash reserves to meet its financial obligations as they fall due for a period of at least 12 months from the date of signing these financial statements. For this reason, the directors are satisfied that the Company remains a going concern for the foreseeable future, being the period of at least 12 months from signing these financial statements and thus they continue to adopt the going concern basis for preparing the financial statements.”

Group structure

1. QXTEL LIMITED · parent
   1. Etelix.com USA LLC.
   2. QGlobal SMS, LLC.
   3. Smartbiz Telecom LLC
   4. Whisl Telecom LLC
   5. Swisslink Carrier AG
   6. IQSTEL Inc

Significant events

• “The Company will continue to provide international long-distance voice termination and A2P (Application-to-Person) SMS messaging services to telecom operators globally, with an ongoing commitment to driving growth across both established and emerging geographical markets. The directors regard the diversification of traffic and carrier profiles as central to positioning the Company as a key player in the sector, and intend to leverage the Company's global footprint to integrate its voice and messaging capabilities under a Cloud-Based Platform Services (CPaaS) model, made available to carrier and operator partners worldwide. In addition, the Company has invested - and will continue to invest - substantial financial and human resources in expanding its service portfolio for Mobile Network Operators. This includes IoT services and FinTech-enabled solutions, with the aim of diversifying revenue streams and reducing exposure to the volatility of wholesale carrier voice traffic arising from global economic pressures and the growing demand for non-voice products.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.