XIROS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. XIROS LIMITED 2009-03-27 → present
2. XIROS PLC 2000-09-06 → 2009-03-27
3. NEOLIGAMENTS LIMITED 1987-01-09 → 2000-09-06
4. NEOLIGAMENTS SYSTEMS LIMITED 1984-11-15 → 1987-01-09
5. DYNAMIC PRECISION WEIGHING LIMITED 1982-09-17 → 1984-11-15

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Brown Butler

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result of its strong balance sheet based on retained historical earnings, strong growth in certain key markets and the agreements with various OEM partners the Group is considered to have sufficient funds to meet its liabilities as they fall due.”

Group structure

1. XIROS LIMITED · parent
   1. Xiros Inc 100% · Delaware · US marketing and distribution

Significant events

• “Negotiations with a major customer were concluded in the final quarter of the year. Whilst a reduction in volumes and overall decline in revenue was expected, this was mitigated by a significant increase in unit price with orders agreed for £6.5m. Nevertheless, the forecast suggested a sustained impact on profitability unless action was taken and so in August 2024, the company undertook a redundancy exercise resulting in a reduction of 17 employees.”
• “During the financial year, the company secured two additional OEM contracts, which are expected to help offset the revenue shortfall arising from the reduced volume of the previously significant OEM contract. These amounted to over £0.5m of new revenue in the last quarter of the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

6

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.8%

  £8,448,384 → £8,130,365

• Cash

  -47.7%

  £5,949,806 → £3,109,217

• Net assets

  -1.8%

  £10,732,629 → £10,540,091

• Employees

  -4.4%

  91 → 87

• Operating profit

  -389.7%

  -£139,115 → -£681,224

• Profit before tax

  -152.8%

  £982,982 → -£518,800

• Wages

  +2.5%

  £3,650,442 → £3,740,549

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