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 Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 3,658,824 | 3,992,577 | - | - | - |
| % Revenue Growth (YoY) | - | 9.1% | - | - | - |
| EBITDA (USD) | 586,409 | 40,596 | - | - | - |
| Operating Income (USD) | 578,601 | 29,637 | - | - | - |
| Operating Margin | 15.8% | 0.7% | - | - | - |
| % EBITDA Margin | 16.0% | 1.0% | - | - | - |
| NET Income (USD) | 346,089 | (253,922) | - | - | - |
| % Net Margin | 9.5% | (6.4%) | - | - | - |

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