XD TOPCO LIMITED

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

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the consolidated and separate annual financial statements, we have concluded that the board of directors' use of the going concern basis of accounting in the preparation of the consolidated and separate annual financial statements is appropriate. 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 entity's ability to continue as a going concern for a period of at least twelve months from when the consolidated and separate annual financial statements are authorised for issue.”

Group structure

1. XD TOPCO LIMITED · parent
   1. xD Midco Limited 100% · England and Wales · Intermediate holding company
   2. xD Bidco Limited 100% · England and Wales · Intermediate holding company
   3. xD Holdings Limited 100% · Scotland · Intermediate holding company
   4. xSolutions365 Ltd 100% · Scotland · Software development
   5. Bemo Ltd 100% · Scotland · Software development
   6. Transaction Transform Ltd 100% · Scotland · Software development
   7. Create Future Studios Ltd 100% · Scotland · Software development

Significant events

• “FY25 was a pivotal and successful year for the Group, outperforming a challenging macroeconomic environment, delivering transformational growth and returning to strong profitability, with turnover of £44.9m and adjusted EBITDA of £5.1m.”
• “The group significantly diversified its client base, reducing key client dependency risk and creating a stronger, more resilient business for future growth.”
• “xD Topco Limited was awarded 2nd Place - Fastest Growing Larger Company of the Year (2025) in the Northern Tech Awards.”
• “The group made critical investments in its own infrastructure and AI-enablement, improving its gross margin to 33% and positioning CreateFuture as a leader in AI native digital transformation.”
• “The Group's full Carbon Reduction Plan is published on the Group's website and is reviewed and updated annually.”

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

Filings

6

last 12 months

Capital events

7

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +0.8%

  £44,534,135 → £44,902,163

• Cash

  -32.6%

  £8,016,267 → £5,399,304

• Net assets

  -15.1%

  £30,367,712 → £25,793,628

• Employees

  -8.4%

  462 → 423

• Operating profit

  +18.7%

  -£5,272,250 → -£4,284,247

• Profit before tax

  +10.5%

  -£7,046,501 → -£6,307,488

• Wages

  -15.8%

  £31,014,318 → £26,114,734

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