XR Global (UK) Limited
Registered name: XR GLOBAL (UK) LIMITED
XR Global (UK) Limited made £19.7m revenue and a £906k loss in the year to 31 Dec 2023.
XR Global (UK) Limited’s revenue fell 12% to £19.7m in the year to 31 Dec 2023, with a loss of £906k and 110 employees. The company is classified under “television programme distribution activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £22.4m | £19.7m |
| Cost of sales | £15.5m | £14.4m |
| Gross profit | £6.9m | £5.4m |
| Operating profit | £688k | −£689k |
| Profit before tax | £1m | −£754k |
| Profit after tax | £1m | −£906k |
| Profit (best available) | £1m | −£906k |
| Employees (average) | 118 | 110 |
| Ratios | ||
| Profit margin | 4.6% | −4.6% |
| Gross margin | 30.9% | 27.2% |
| Revenue per employee | £190k | £179k |
| Profit per employee | £8.8k | −£8.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼11.8% |
| Profit growth | — | ▼187.3% |
| Headcount growth | — | ▼6.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £666k | £678k |
| Net assets | £1.9m | −£795k |
| Fixed assets | £3.4m | £3m |
| Current assets | £13.3m | £12.2m |
| Debtors | £2.1m | £1.3m |
| Deferred income | £1m | £1m |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- −4.6%
- Profit ÷ revenue.
- Gross margin
- 27.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £179k
- Revenue ÷ average employees.
- Profit per employee
- −£8.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼141%
- Now −£795k
- Cash at bank
- ▲2%
- Now £678k
- Headcount
- ▼7%
- Now 110
- Deferred income
- ▲2%
- Now £1m
- Fixed assets
- ▼13%
- Now £3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Telly Traffic LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£906k), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.