XP POWER INTERNATIONAL LIMITED
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Cash
—
Latest balance sheet
Net assets
£50m
+840.5% vs 2024
Employees
—
Average over period
Profit before tax
-£6.3k
-24,426.9% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | £26 | -£6,325 | -24,426.9% | |
| Net profit | £26 | -£6,325 | -24,426.9% | |
| Cash | — | — | — | |
| Total assets less current liabilities | — | £50,386,201 | — | |
| Net assets | £5,357,518 | £50,386,201 | +840.5% | |
| Equity | £5,357,518 | £50,386,201 | +840.5% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | — | 0.0% | |
| Current ratio | 0.95x | — |
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.
Name history
Renamed 1 time since incorporation
- XP POWER INTERNATIONAL LIMITED 2005-11-29 → present
- OVAL (2064) LIMITED 2005-08-12 → 2005-11-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of the ultimate parent company XP Power Limited. The directors have received confirmation that XP Power Limited intends to support the company for at least twelve months after these financial statements are signed.”
Group structure
- XP POWER INTERNATIONAL LIMITED · parent
- Forx, Inc. 100%
- XP Power LLC 100%
Significant events
- “During the year, the immediate parent company, XP Power PLC, subscribed for an additional 44,500,000 ordinary shares for £1 per share, settled via the novation of an intercompany receivable from an indirect subsidiary of the company, XP Power LLC and via the parent company waiving a receivable due from the company. The total value of the consideration was £45,035k with £535k being recorded as share premium.”
- “Subsequently, the company subscribed for an additional £38,668k of share capital in its subsidiary, Forx Inc,, settled via the company waiving a receivable due from the subsidiary.”
- “These transactions were completed to simplify existing intercompany positions for the company and to enable other companies within the group headed by the ultimate parent of the company to reduce foreign exchange exposures on intercompany loans.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARTWRIGHT, Ruth Amy | Secretary | 2022-05-13 | — | — |
| GRIGGS, Gavin Peter | Director | 2020-07-03 | Apr 1971 | British |
| WEBB, Matthew John | Director | 2023-09-12 | Jan 1974 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACDONALD HONEYMAN, Anne | Secretary | 2005-11-01 | 2012-10-01 |
| RHODES, Jonathan Simon | Secretary | 2012-10-01 | 2022-05-13 |
| OVALSEC LIMITED | Corporate Nominee Secretary | 2005-08-12 | 2005-11-01 |
| HONEYMAN, Anne Macdonald | Director | 2007-10-01 | 2020-07-03 |
| PENNY, Duncan John | Director | 2005-11-01 | 2021-08-02 |
| PETERS, James Edward | Director | 2005-11-01 | 2012-05-01 |
| STIBBS, David Michael | Director | 2023-03-31 | 2023-09-12 |
| ZAHN, Oskar | Director | 2021-08-02 | 2023-03-31 |
| OVAL NOMINEES LIMITED | Corporate Nominee Director | 2005-08-12 | 2005-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xp Power Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 75 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-24 MA Memorandum articles
- 2025-10-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-11-04 | SH01 | capital | Capital allotment shares | |
| 2025-10-24 | MA | incorporation | Memorandum articles | |
| 2025-10-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | AA | accounts | Accounts with accounts type small | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-08 | AA | accounts | Accounts with accounts type small | |
| 2023-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-09 | AA | accounts | Accounts with accounts type small | |
| 2023-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-05-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-05-20 | AA | accounts | Accounts with accounts type small | |
| 2021-08-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.