XEROS TECHNOLOGY GROUP PLC
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Cash
£5.5M
+97.8% highest in 3 filed years
Net assets
£5.3M
+68.9% highest in 3 filed years
Employees
23
-20.7% lowest in 3 filed years
Profit before tax
-£3.6M
+23.2% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £297,000 | £161,000 | £242,000 | +50.3% | |
| Operating profit | -£4,737,000 | -£4,691,000 | -£3,609,000 | +23.1% | |
| Profit before tax | -£4,775,000 | -£4,668,000 | -£3,583,000 | +23.2% | |
| Net profit | -£4,255,000 | -£4,485,000 | -£3,415,000 | +23.9% | |
| Cash | £1,595,000 | £2,803,000 | £5,544,000 | +97.8% | |
| Total assets less current liabilities | £2,369,000 | £3,794,000 | £5,784,000 | +52.5% | |
| Net assets | £1,604,000 | £3,118,000 | £5,267,000 | +68.9% | |
| Equity | £1,604,000 | £3,118,000 | £5,267,000 | +68.9% | |
| Average employees | 32 | 29 | 23 | -20.7% | |
| Wages | £2,246,000 | £2,007,000 | £1,921,000 | -4.3% | |
| Directors' remuneration | £453,000 | £446,000 | £578,000 | +29.6% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -200.0% | -123.6% | -62.4% | |
| Gearing (liabilities / total assets) | 46.7% | 27.7% | 21.5% | |
| Current ratio | 3.29x | 6.72x | 6.56x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- XEROS TECHNOLOGY GROUP PLC 2014-03-18 → present
- XEROS TECHNOLOGY GROUP LIMITED 2014-03-18 → 2014-03-18
- HAMSARD 3323 LIMITED 2013-09-10 → 2014-03-18
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- XEROS TECHNOLOGY GROUP PLC · parent
- Xeros Limited 100%
Significant events
- “In November 2025, we secured £5.95 million gross by way of an Initial Placing, Follow on Subscription and Retail Offer.”
- “Xeros has been a certified B Corp business since September 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TRISTRAM, Alexander William Roger | Secretary | 2023-03-01 | — | — |
| ARMFIELD, David Christopher | Director | 2018-06-05 | Jun 1961 | British |
| AUSTIN, Neil Alexandre | Director | 2022-08-01 | Dec 1978 | British |
| DE BOER, Klaas | Director | 2020-01-13 | Apr 1965 | Dutch |
| TRISTRAM, Alexander William Roger | Director | 2024-03-11 | Aug 1986 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENNEY, Paul Michael | Secretary | 2016-10-03 | 2023-02-28 |
| HANSON, David Christopher | Secretary | 2014-03-17 | 2016-10-03 |
| SQUIRE SANDERS SECRETARIES LIMITED | Corporate Secretary | 2013-09-10 | 2014-03-06 |
| BAYNES, David Graham | Director | 2019-02-12 | 2022-12-31 |
| CROSSLEY, Peter Mortimer | Director | 2013-09-10 | 2014-03-06 |
| DENNEY, Paul Michael | Director | 2016-10-03 | 2023-02-28 |
| DROZDZ, Maciek, Dr | Director | 2014-03-17 | 2016-01-11 |
| ELLIS, Simon Richard, Dr | Director | 2014-10-22 | 2019-06-28 |
| HANSON, David Christopher | Director | 2014-03-06 | 2016-10-03 |
| JENKINS, Stephen Derek, Dr | Director | 2014-03-17 | 2016-01-26 |
| NICHOLS, Mark James | Director | 2015-09-14 | 2022-08-01 |
| NOONEY, Rachel | Director | 2021-07-20 | 2026-02-28 |
| SAMUEL, John Andrew Walter | Director | 2014-03-17 | 2019-02-12 |
| TAYLOR, Stephen Charles | Director | 2017-02-13 | 2018-09-19 |
| VIGGARS, Julian George | Director | 2014-03-17 | 2018-05-23 |
| WESTWATER, William George | Director | 2014-03-17 | 2015-09-15 |
| WINWARD, Charles Stephen | Director | 2014-03-17 | 2014-06-17 |
| SQUIRE SANDERS DIRECTORS LIMITED | Corporate Director | 2013-09-10 | 2014-03-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Entrepreneurs Fund Management Llp | Corporate entity | Shares 25–50% | 2020-05-15 | Ceased 2024-04-26 |
| Woodford Investment Management Llp | Corporate entity | Shares 25–50% | 2017-06-26 | Ceased 2020-05-15 |
Filing timeline
Last 20 of 167 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-11 RESOLUTIONS Resolution
- 2025-07-09 RESOLUTIONS Resolution
- 2024-07-15 RESOLUTIONS Resolution
- 2024-07-15 MA Memorandum articles
- 2023-06-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-27 | AA | accounts | Accounts with accounts type group | |
| 2026-03-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-27 | AA | accounts | Accounts with accounts type group | |
| 2024-10-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-09-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-15 | MA | incorporation | Memorandum articles | |
| 2024-07-03 | AA | accounts | Accounts with accounts type group | |
| 2024-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | AA | accounts | Accounts with accounts type group | |
| 2023-06-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-03-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-03-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-09 | 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
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.