UK Companies House feature
XYB LIMITED
Cash
£4M
+374,383.9% vs 2023
Net assets
£12M
+1,021.5% vs 2023
Employees
79
+3,850% vs 2023
Profit before tax
-£8M
-155% vs 2023
Profile
- Company number
- 14610499
- Status
- Active
- Incorporation
- 2023-01-23
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2023-01-22 | 2023-01-23 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £35,557,049 | £6,017,204 | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | £13,757,859 | -£7,573,648 | |
| Net profit | — | — | £13,757,859 | -£7,360,694 | |
| Cash | — | — | £1,043 | £3,905,867 | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | — | — | £1,075,956 | £12,067,241 | |
| Equity | — | — | £3,227,868 | £0 | |
| Average employees | 0 | — | 2 | 79 | |
| Wages | — | — | £12,176,913 | £6,441,951 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2.3 in the financial statements, which indicates that the company is reliant on the success and timing of acquiring new customers and securing additional external funds in the foreseeable future to provide sufficient liquidity to execute its strategic plans. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “During the year, the Company separated from the Monese Group and established itself as an independent business focused on delivering enterprise financial infrastructure solutions. This transition was supported by the successful completion of a £14m Series A funding round between April and July 2024.”
- “Subsequent to the year end, the company issued 1,672,824 Series A3 shares of £0.000001 each for total consideration of approximately £2.8m, and 54,103 Ordinary shares of £0.000001 each for total consideration of approximately £0.05.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKE THOM, Timothy Tracy, Mr. | Director | 2024-09-27 | Sep 1960 | British |
| ECONOMOU, Anastasios, Mr. | Director | 2024-04-30 | Jun 1977 | Greek |
| JOYCE, Derek, Mr. | Director | 2024-04-30 | Dec 1981 | Australian |
| LEVENE, Timothy Charles, Mr. | Director | 2024-04-30 | Oct 1973 | British |
| NORDBYE, Ola Reinhold | Director | 2024-04-30 | Nov 1987 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHOUDRIE, Atul | Director | 2023-01-23 | 2023-11-17 |
| KOPPEL, Norris | Director | 2023-01-23 | 2026-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Derek Joyce | Individual | Significant influence | 2024-04-30 | Active |
| Mr Norris Koppel | Individual | Significant influence | 2023-01-23 | Ceased 2024-04-30 |
| Monese Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-23 | Ceased 2024-04-28 |
Filing timeline
Last 20 of 49 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-04-01 | AA | accounts | accounts with accounts type full |
| 2026-02-19 | TM01 | officers | termination director company with name termination date |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-13 | SH01 | capital | capital allotment shares |
| 2026-01-13 | SH01 | capital | capital allotment shares |
| 2026-01-10 | SH01 | capital | capital allotment shares |
| 2025-10-09 | RESOLUTIONS | resolution | resolution |
| 2025-10-08 | SH01 | capital | capital allotment shares |
| 2025-09-22 | MA | incorporation | memorandum articles |
| 2025-09-17 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-06-30 | AA | accounts | accounts with accounts type full |
| 2025-02-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-02 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory