XEROX (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-16 (in 11mo)
Last made up 2026-04-02
Watchouts
None on the register
Cash
£2M
+54.5% vs 2023
Net assets
£195M
+29.4% vs 2023
Employees
1,868
-9.7% vs 2023
Profit before tax
£5M
+140.2% vs 2023
Name history
Renamed 1 time since incorporation
- XEROX (UK) LIMITED 1997-10-31 → present
- RANK XEROX (U.K.) LIMITED 1937-08-16 → 1997-10-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £433,200,000 | £438,100,000 | |
| Operating profit | -£9,200,000 | £7,500,000 | |
| Profit before tax | -£12,700,000 | £5,100,000 | |
| Net profit | -£9,900,000 | £7,800,000 | |
| Cash | £1,100,000 | £1,700,000 | |
| Total assets less current liabilities | £161,100,000 | £203,200,000 | |
| Net assets | £150,300,000 | £194,500,000 | |
| Equity | £150,300,000 | £194,500,000 | |
| Average employees | 2,069 | 1,868 | |
| Wages | £92,600,000 | £93,300,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -2.1% | 1.7% | |
| Net margin | -2.3% | 1.8% | |
| Return on capital employed | -5.7% | 3.7% | |
| Gearing (liabilities / total assets) | 54.8% | 43.9% | |
| Current ratio | 1.29x | 1.73x | |
| Interest cover | -2.56x | 2.03x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group and Company's business activities, together with the factors likely to affect their future development and position, are set out in the business review and future developments sections of the Strategic and Directors' reports. The Group participates in the Xerox Holdings Corporation centralised treasury arrangements and so shares banking arrangements with its parent and fellow subsidiaries. The Directors have obtained written confirmation of support from the Group's ultimate parent, Xerox Holdings Corporation and on the basis of this support consider that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future being at least twelve months after the approval of the financial statements. Thus the Company and Group continue to adopt the going concern basis in preparing the Group's annual financial statements. Management has considered possible downside scenarios such current high inflation levels and the Russia/Ukraine conflict. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 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. However, because not all future events or conditions can be predicted, this conclusion is not a guarantee as to the group's and the company's ability to continue as a going concern.”
Group structure
- XEROX (UK) LIMITED · parent
- Go Inspire Group Limited 100%
- Gl Insight Limited 100%
- GI Red Limited 100%
- GI Solutions Holdings Limited 100%
- GI Solutions Group Limited 100%
- GI Solutions Limited 100%
- Eclipse Web Limited 100%
- Eclipse (Kettering) Limited 100%
- Eclipse Colour Print Limited 100%
- 4DMI Limited 100%
- 4DM Holdings Limited 100%
- 4DM Group Limited 100%
- DL Marketing (Direct Link) Limited 100%
- Eclipse 4DM Limited 100%
- Go Inspire Limited 100%
- Bessemer Trust Limited 100%
- Arena Group Holdings Limited 100%
- Altodigital Networks Limited 100%
- Platinum Digital Print Solutions Limited 100%
- Concept Group Limited 100%
- Acorn Business Machines (Holmfirth) Limited 100%
- Arena Group Limited 100%
- Copytrend Limited 100%
- Docucentric Holdings Limited 90%
- Business Systems (North Wales) Limited 100%
- B 2 Business Systems Limited 100%
- Fovia (Innovation) Limited 100%
- M & S Reprographics Limited 100%
- ITEC Connect Limited 100%
- Citrus Digital Limited 100%
- Copyrite Business Solutions (Holdings) Limited 100%
- Criterion IT Limited 100%
- Copyrite Business Limited 100%
- A B S Digital Limited 100%
- Osprey Business Systems Limited 100%
- Quilver Business Services Limited 100%
- Mail A Doc Limited 100%
- Reflex Digital Solutions (UK) Limited 100%
- Stem Networks Limited 100%
- Back2Business Limited 100%
- Time Business Systems Limited 100%
- Una-Stem Limited 100%
- Continua Limitied 100%
- Advanced Group Holdings Limited 100%
- Advance Business Equipment Limited 100%
Significant events
- “The sale in July 2024 of certain eastern European subsidiaries to local management in line with our Reinvention strategy of geographic simplification and a further move to partner-led distribution models.”
- “In the fourth quarter of 2024 the Company and certain of its subsidiaries transitioned the EMEA paper business to Antalis, a long-time Xerox partner and a leading distributor of paper, packaging, and visual communications solutions. The deal included exclusive marketing and distribution rights for Xerox-branded paper and digital printing media in Eastern Europe, the Middle East, India, and Africa.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALSH, Cheryl Sandra Sarah | Secretary | 2023-01-09 | — | — |
| CASSIDY, Darren Scott | Director | 2021-09-01 | Jul 1967 | British |
| DYAS, David Brian | Director | 2019-01-11 | Dec 1963 | British |
| PITCEATHLY, Richard Stuart, Mr. | Director | 2018-10-03 | May 1965 | British |
| SHEPHARD, Caroline Anne | Director | 2022-10-07 | Jun 1980 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARETT, Michael John | Secretary | 2008-05-23 | 2017-09-30 |
| DILLON, Stephen Charles | Secretary | — | 2000-01-04 |
| PITCEATHLY, Richard Stuart | Secretary | 2017-11-01 | 2023-01-09 |
| ROBERTSON, Jacqueline Mary | Secretary | 2001-01-15 | 2008-05-23 |
| SHEPHARD, Carole | Secretary | 2000-01-04 | 2001-01-15 |
| ARTHURTON, Anthony William | Director | 2020-03-23 | 2022-10-07 |
| CASSIDY, Darren Scott | Director | 2013-07-01 | 2015-12-31 |
| CHARNLEY, Alan Poole | Director | 2007-07-12 | 2013-07-01 |
| CRONIN, Stephen Michael | Director | 2000-08-30 | 2004-01-16 |
| CRONIN, Stephen Michael | Director | 1994-05-03 | 1998-08-12 |
| DEHON, Olivier Jules | Director | 2013-01-01 | 2019-01-17 |
| EDWARDS, John Lloyd | Director | 2005-01-01 | 2010-03-31 |
| FANSHAWE, Anthony Henry, The Rt Hon Lord | Director | — | 2001-01-16 |
| GOODE, William Raymond | Director | 1992-07-01 | 2011-05-31 |
| HADDON, Laurence Lyndon | Director | 1996-02-05 | 2001-12-31 |
| HARRISON, Philip James | Director | 1999-02-01 | 2001-03-30 |
| HESSELGROVE WARD, Julie | Director | 2016-02-01 | 2022-10-31 |
| HOPWOOD, John | Director | 2004-04-05 | 2012-02-20 |
| JONES, James Leslie Scott | Director | — | 1994-04-29 |
| MADDISON, Thomas James | Director | 2000-10-27 | 2004-01-16 |
| MARLEY, Donna | Director | 2016-02-01 | 2017-12-31 |
| MILLIGAN, John Rodger | Director | — | 1992-06-26 |
| MOONEY, Francis James | Director | 2008-01-01 | 2016-01-29 |
| MORRISON, Andrew John | Director | 2016-02-01 | 2018-09-30 |
| NOONOO, Rodney | Director | 2019-01-11 | 2020-03-23 |
| ODRISCOLL, Mary Catherine | Director | 2009-10-01 | 2017-10-06 |
| PALMER, Carole Ann | Director | 2004-04-05 | 2009-07-01 |
| PANTLING, Shaun William | Director | — | 2005-06-02 |
| PEACOCK, Russell Martin | Director | 2004-01-16 | 2007-10-05 |
| PINNEY, Christopher John | Director | — | 1999-02-01 |
| RAISON, Gordon Leonard Thomas | Director | 2001-03-30 | 2005-04-02 |
| RICHARDS, Marion Elizabeth | Director | 2010-04-01 | 2015-07-31 |
| SHEPHARD, Carole | Director | 2000-01-04 | 2001-01-31 |
| SULLIVAN, Richard Peter | Director | 1995-07-13 | 2000-10-27 |
| THOMPSON, David | Director | — | 1993-08-23 |
| WALKER, Robert | Director | 1998-04-29 | 2000-08-30 |
| ZELMER, Vernon A | Director | — | 1996-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xerox Capital (Europe) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 241 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-04 MA Memorandum articles
- 2024-03-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-15 | CH01 | officers | Change person director company with change date | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-18 | CH01 | officers | Change person director company with change date | |
| 2024-10-06 | AA | accounts | Accounts with accounts type group | |
| 2024-05-04 | MA | incorporation | Memorandum articles | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.1%
£433,200,000 £438,100,000
-
Cash
+54.5%
£1,100,000 £1,700,000
-
Net assets
+29.4%
£150,300,000 £194,500,000
-
Employees
-9.7%
2,069 1,868
-
Operating profit
+181.5%
-£9,200,000 £7,500,000
-
Profit before tax
+140.2%
-£12,700,000 £5,100,000
-
Wages
+0.8%
£92,600,000 £93,300,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers