Xenia Broking Limited

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Xenia Broking Limited - overview

Established

2019

Location

London, -, UK

Primary Industry

Insurance

About

Xenia Broking Limited is a financial services company specializing in trade credit insurance and surety bonds, dedicated to helping businesses manage their risks related to customer non-payment and financial stability. Founded in 2019, Xenia Broking Limited offers solutions in trade credit insurance and surety bonds. The company is headquartered in London, UK, and is led by CEO Tim Coles, who has a background in financial services and has previously founded other ventures in the sector. Xenia Broking primarily specializes in trade credit insurance and surety bonds, catering to businesses seeking protection against customer non-payment and enhancing their financial stability.


The company's trade credit insurance policies safeguard businesses from risks associated with customer insolvency or default, ensuring that they can maintain cash flow and mitigate potential losses. Additionally, Xenia offers surety bonds that enable clients to secure banking lines and free up working capital, providing flexibility to manage financial obligations more effectively. Services are aimed at enterprises operating in the UK, Ireland, Europe, and the US, serving a diverse client base including exporters and manufacturers across various sectors. Xenia Broking generates revenue through the provision of trade credit insurance and surety bond services, operating primarily on a B2B model where they engage directly with businesses seeking to mitigate risks.


The revenue structure is based on service agreements tailored to the specific needs of clients, involving premiums for insurance coverage or fees for surety bonds. Transactions are typically structured around annual agreements or periodic renewals, aligning with client financial cycles, while the company leverages strong client relationships for ongoing transactions that help navigate economic uncertainties.


Primary Industry

Insurance

Sub Industries

Insurance

Website

www.xeniabroking.com

Total Amount Raised

Subscriber access only

Xenia Broking Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)3,658,8243,992,577---
% Revenue Growth (YoY)-9.1%---
EBITDA (USD)586,40940,596---
Operating Income (USD)578,60129,637---
Operating Margin15.8%0.7%---
% EBITDA Margin16.0%1.0%---
NET Income (USD)346,089(253,922)---
% Net Margin9.5%(6.4%)---

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