XOSERVE LIMITED
Get an alert when XOSERVE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-15 (in 3mo)
Last made up 2025-08-01
Watchouts
Cash
£1M
-73.4% vs 2024
Net assets
£3M
0% vs 2024
Employees
67
+13.6% vs 2024
Profit before tax
£0
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- XOSERVE LIMITED 2004-08-27 → present
- BLACKWATER AGENCY LIMITED 2004-02-17 → 2004-08-27
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £88,421,000 | £92,132,000 | |
| Operating profit | -£953,000 | -£1,145,000 | |
| Profit before tax | £0 | £0 | |
| Net profit | £0 | £0 | |
| Cash | £5,110,000 | £1,358,000 | |
| Total assets less current liabilities | £64,734,000 | £44,162,000 | |
| Net assets | £2,668,000 | £2,668,000 | |
| Equity | £2,668,000 | £2,668,000 | |
| Average employees | 59 | 67 | |
| Wages | £3,679,000 | £4,880,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -1.1% | -1.2% | |
| Net margin | 0.0% | 0.0% | |
| Return on capital employed | -1.5% | -2.6% | |
| Current ratio | 3.28x | 2.32x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider that the unique role of the Company's activities in providing services to major gas supply and transport companies under the monitoring of Ofgem and the nature of its revenue charging model (whereby costs to be incurred are agreed and charged to customers for investment change and delivery of core services) means that revenues are resilient and the risk of any significant income downturn that is not balanced by a similar reduction in costs is therefore unlikely in future years.”
Significant events
- “In FY 2024/2025, Xoserve launched Project Trident - its UK Link modernisation programme.”
- “The new, modernised system going live in March 2025, following a multi-year programme of work.”
- “Additionally, we have developed a new customer engagement team, designed to offer customers significantly more direct access to Xoserve people.”
- “We have also concluded the implementation of the efficiency review recommendations, from FY2023/24.”
- “BP25 was the first Business Plan that was developed with new 'Business Plan Information Rules' (BPIRs).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 69 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRADLEY, Eve Louise | Secretary | 2016-10-20 | — | — |
| CARROLL, Sarah Jane | Director | 2019-08-01 | Jan 1971 | British |
| CLARKE, John Francis | Director | 2024-05-15 | Dec 1963 | British |
| COOPER, Bianca | Director | 2025-11-01 | May 1983 | British,South African |
| DAVIDSON, Rachael Jennifer | Director | 2025-09-01 | Jul 1972 | British |
| HANSEN, Inge Vestergaard | Director | 2024-06-01 | Jun 1973 | British |
| HARDING, Michael John | Director | 2026-04-01 | Jul 1958 | British |
| HOGG, Michael James | Director | 2016-09-01 | Apr 1954 | British |
| JONES, Christopher Alun | Director | 2020-11-01 | Jan 1964 | British |
| NIXON, Anthony Thomas | Director | 2024-01-24 | Apr 1970 | British |
Show 69 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Helen Alice | Secretary | 2007-01-25 | 2007-11-23 |
| DURRANT, Andrew Peter | Secretary | 2004-02-17 | 2005-09-27 |
| EVES, Richard Anthony | Secretary | 2004-02-17 | 2006-12-22 |
| FORWARD, David Charles | Secretary | 2011-01-20 | 2013-11-30 |
| HOWITT, David Andrew | Secretary | 2005-09-27 | 2016-10-20 |
| MORGAN, Alice Parker | Secretary | 2016-03-01 | 2017-04-01 |
| NOBLE, Mark David | Secretary | 2007-11-23 | 2010-11-01 |
| PALMER, Victoria Margaret | Secretary | 2018-09-01 | 2021-02-28 |
| RAYNER, Heather Maria | Secretary | 2014-02-01 | 2016-03-01 |
| ASHWORTH, Michael Gregory | Director | 2009-09-02 | 2017-04-01 |
| ASHWORTH, Michael Gregory | Director | 2006-04-26 | 2009-09-02 |
| BAINS, Tarloke Singh | Director | 2006-09-01 | 2010-10-11 |
| BALDWIN, Sian Julia | Director | 2016-09-01 | 2017-06-04 |
| BEDFORD, Michael | Director | 2007-10-01 | 2017-04-01 |
| BENNETT, Christopher Paul | Director | 2011-01-14 | 2015-07-15 |
| BIELBY, Christopher George | Director | 2012-07-01 | 2017-04-01 |
| BINGHAM, Peter | Director | 2013-09-01 | 2014-11-01 |
| BINGHAM, Peter | Director | 2012-09-01 | 2013-09-01 |
| BRITTAN, Steven Jonathan | Director | 2020-09-01 | 2023-11-30 |
| CALVIOU, Michael Colin | Director | 2006-02-01 | 2009-06-01 |
| CAMPBELL, Helen Mary | Director | 2013-09-01 | 2015-07-28 |
| CARR, Roderick Campbell | Director | 2006-09-01 | 2010-09-10 |
| COCKS, Simon | Director | 2005-07-01 | 2008-03-31 |
| COHEN, Yehuda | Director | 2016-09-01 | 2025-08-31 |
| COURT, Richard James | Director | 2022-04-14 | 2022-10-31 |
| COURT, Richard James | Director | 2008-05-01 | 2017-04-01 |
| COURT, Richard James | Director | 2008-03-31 | 2008-05-01 |
| COURT, Richard James | Director | 2006-09-01 | 2008-03-31 |
| DURLACHER, Nicholas John | Director | 2016-04-21 | 2018-12-31 |
| DURRANT, Andrew Peter | Director | 2004-02-17 | 2005-02-07 |
| EDWARDS, Steven James | Director | 2014-06-01 | 2019-07-31 |
| EDWARDS, Steven James | Director | 2006-12-04 | 2014-06-01 |
| EVES, Richard Anthony | Director | 2004-02-17 | 2005-02-07 |
| GOLDING, Matthew | Director | 2012-09-01 | 2013-09-01 |
| HANDLEY, David Ian | Director | 2022-10-31 | 2025-10-30 |
| HAZELWOOD, Charles John Gore | Director | 2006-12-04 | 2011-07-25 |
| HENSON, Neil Stuart | Director | 2014-06-01 | 2017-04-01 |
| HIGGINS, Howard Charles | Director | 2005-06-01 | 2006-12-04 |
| HUNT, Pamela Helen | Director | 2011-01-14 | 2011-05-31 |
| JAMIESON, Nicola | Director | 2014-11-01 | 2015-11-01 |
| JOHNS, Christopher Ian | Director | 2009-09-02 | 2012-12-01 |
| JUGGINS, Graham Gerald | Director | 2005-06-01 | 2006-09-01 |
| KARAM, Mel | Director | 2006-09-01 | 2008-12-01 |
| KAY, Alison Barbara | Director | 2008-03-31 | 2012-09-01 |
| LAWTON, Philip Thexton | Director | 2007-01-22 | 2008-04-30 |
| LOGUE, Christopher James | Director | 2022-02-28 | 2024-01-24 |
| LOGUE, Christopher James | Director | 2015-11-01 | 2017-04-01 |
| MCCLAY, Catherine Isabel, Dr | Director | 2018-11-22 | 2019-10-31 |
| MURRAY, Christopher John | Director | 2005-02-07 | 2005-07-01 |
| NICHOLAS, Clive Alexander | Director | 2009-06-01 | 2010-12-31 |
| PIKE, Philip | Director | 2011-07-25 | 2014-06-01 |
| PITTS, Nicola Susan | Director | 2015-07-28 | 2018-10-31 |
| QUAIL, Andrew Michael | Director | 2010-09-10 | 2019-12-01 |
| RADLEY, Ian Christopher | Director | 2019-11-01 | 2022-02-28 |
| REES, Colin David | Director | 2017-11-01 | 2020-09-28 |
| RIPLEY, Mark Guy | Director | 2008-10-01 | 2012-05-01 |
| ROGERS, Paul Steven | Director | 2020-11-01 | 2022-04-14 |
| ROGERS, Paul Steven | Director | 2015-07-15 | 2017-04-01 |
| SANDS, Tina Louise, Ms. | Director | 2019-12-02 | 2020-10-05 |
| SEDGWICK, Duncan Roy | Director | 2016-09-01 | 2020-08-31 |
| SHAW, Neil Edward | Director | 2017-04-01 | 2026-03-31 |
| SKINNER, Julian Norman Thomas | Director | 2006-01-16 | 2007-10-01 |
| SPOTTISWOODE, Clare Mary Joan | Director | 2019-01-01 | 2023-10-25 |
| STOBBE, Robert | Director | 2005-06-01 | 2006-04-26 |
| TOOR, Surinder Singh | Director | 2005-06-01 | 2006-09-01 |
| WAITE, David Gerard | Director | 2012-12-01 | 2017-04-01 |
| WILBY, Robert Francis | Director | 2010-10-11 | 2017-04-01 |
| WILSON, Denise | Director | 2005-02-07 | 2006-02-01 |
| WISEMAN, Alexander Simon | Director | 2005-06-01 | 2009-09-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cadent Gas Limited | Corporate entity | Shares 25–50% | 2016-10-01 | Active |
| National Grid Gas Plc | Corporate entity | Shares 50–75%, Appoints directors | 2016-04-06 | Ceased 2017-03-31 |
Filing timeline
Last 20 of 244 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-28 MA Memorandum articles
- 2025-05-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-28 | MA | incorporation | Memorandum articles | |
| 2025-05-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+4.2%
£88,421,000 £92,132,000
-
Cash
-73.4%
£5,110,000 £1,358,000
-
Net assets
0%
£2,668,000 £2,668,000
-
Employees
+13.6%
59 67
-
Operating profit
-20.1%
-£953,000 -£1,145,000
-
Wages
+32.6%
£3,679,000 £4,880,000
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