MERCURY XRM LIMITED
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Cash
£587k
-82.5% vs 2024
Net assets
£2.7m
+0.6% highest in 6 filed years
Employees
172
+35.4% highest in 6 filed years
Profit before tax
-£203k
-115.5% lowest in 5 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £3,606,448 | £5,317,990 | £8,341,031 | £12,727,963 | £13,839,137 | +8.7% | |
| Operating profit | — | £228,565 | £402,192 | £881,520 | £1,316,022 | -£194,588 | -114.8% | |
| Profit before tax | — | £160,402 | £375,358 | £874,647 | £1,313,201 | -£203,283 | -115.5% | |
| Net profit | £128,174 | £209,153 | £375,358 | £957,652 | £979,813 | £150,449 | -84.6% | |
| Cash | £164,479 | £877,594 | £1,493,799 | £963,131 | £3,349,284 | £587,277 | -82.5% | |
| Total assets less current liabilities | £344,380 | £941,812 | £1,149,670 | £1,912,761 | £2,771,908 | £2,953,647 | +6.6% | |
| Net assets | £344,380 | £553,533 | £913,260 | £1,795,912 | £2,670,725 | £2,687,674 | +0.6% | |
| Equity | £344,380 | £553,533 | £913,260 | £1,795,912 | £2,670,725 | £2,687,674 | +0.6% | |
| Average employees | 30 | 41 | 52 | 89 | 127 | 172 | +35.4% | |
| Wages | — | — | — | — | £6,318,979 | £8,992,031 | +42.3% | |
| Directors' remuneration | — | — | — | — | £18,917 | £43,461 | +129.7% |
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 6.3% | 7.6% | 10.6% | 10.3% | -1.4% | |
| Net margin | — | 5.8% | 7.1% | 11.5% | 7.7% | 1.1% | |
| Return on capital employed | — | 24.3% | 35.0% | 46.1% | 47.5% | -6.6% | |
| Gearing (liabilities / total assets) | — | — | — | 51.7% | 49.0% | — | |
| Current ratio | — | — | — | 1.98x | — | — | |
| Interest cover | — | 3.34x | 14.82x | — | 74.92x | -22.38x |
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.
Name history
Renamed 2 times since incorporation
- MERCURY XRM LIMITED 2014-03-31 → present
- MERCURYXRM LIMITED 2014-03-04 → 2014-03-31
- CRIMSON MERCURY LIMITED 2014-02-25 → 2014-03-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the appropriateness of the going concern assumption, the director has reviewed detailed profit and cashflow forecasts considering reasonably foreseeable potential scenarios and uncertainties in relation to income and expenditure for a period of at least 12 months from the sign off of these financial statements. The group continues to trade and has met liability payments as they fall due and the director has concluded that there are no circumstances that give rise to a material uncertainty in relation to going concern and as such have deemed it appropriate for the financial statements to be prepared on the going concern basis.”
Significant events
- “On 07 August 2025 the company entered into a term facility agreement for £221,840 with an independent Swedish based Financial institution to support business expansion and provide additional bandwidth for unexpected events.”
- “On 12 January 2026 the company entered into a term facility agreement for £229,000 with an independent Swedish based Financial institution to support business expansion and provide additional bandwidth for unexpected events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KENDRICK, Chris | Director | 2014-10-01 | May 1977 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AMES, Barbara | Director | 2014-03-04 | 2014-09-08 |
| AMES, Michael St John Paul | Director | 2014-03-04 | 2016-12-30 |
| CHAVE, Helen | Director | 2014-03-04 | 2014-05-08 |
| CHAVE, Simon James | Director | 2014-03-04 | 2016-12-30 |
| MALLABAND, Julie Ann | Director | 2014-03-04 | 2014-09-08 |
| MALLABAND, Robert William | Director | 2014-02-25 | 2016-12-30 |
| OWENS, Gregory Lincoln | Director | 2017-05-01 | 2018-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Chris Kendrick | Individual | Shares 75–100%, Voting 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-31 | AA | accounts | Accounts with accounts type group | |
| 2026-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | AA | accounts | Accounts with accounts type full | |
| 2022-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-20 | CH01 | officers | Change person director company with change date | |
| 2022-03-31 | AA | accounts | Accounts with accounts type small | |
| 2021-07-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-06 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-02-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2018-12-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2018-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.