How much does Xcede Limited make?

Xcede Limited reported revenue of £33.7m and a loss of £338k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Xcede Limited have?

Xcede Limited reported an average of 68 employees in the year to 31 Dec 2025.

Is Xcede Limited profitable?

No — Xcede Limited reported a loss of £338k in the year to 31 Dec 2025.

Company No. 04740661 · Incorporated 22 Apr 2003

Xcede Limited

Registered name: XCEDE LIMITED

Part of Xcede Global Holdings Limited group

Xcede Limited made £33.7m revenue and a £338k loss in the year to 31 Dec 2025.

Xcede Limited’s revenue fell 3% to £33.7m in the year to 31 Dec 2025, with a loss of £338k and 68 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies SIC 78200Temporary employment agency activities

Status: Active
Location: London, London
Age: 23 yrs · since 2003
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£33.7m

Growth ▼2.7%

Profit

−£338k

Growth ▼162.6%

Profit margin

−1%

Gross 22.4%

Employees

Change ▼20%

Profit / employee

−£5k

Revenue/employee £495k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.2m	£39.4m	£38.6m	£34.6m	£33.7m
Cost of sales	£8.4m	£26.6m	£28.3m	£25.3m	£26.1m
Gross profit	£6.9m	£12.7m	£10.3m	£9.3m	£7.5m
Operating profit	£607k	−£12.7m	−£1.3m	£1m	−£15.6k
Profit before tax	£537k	−£12.9m	−£1.8m	£540k	−£338k
Profit after tax	£537k	−£12.9m	−£1.8m	£540k	−£338k
Profit (best available)	£537k	−£12.9m	−£1.8m	£540k	−£338k
Staff costs	£6.3m	£10m	£8.4m	£7.4m	£6.4m
Employees (average)	77	138	94	85	68
Ratios
Profit margin	3.5%	−32.8%	−4.5%	1.6%	−1%
Gross margin	45.1%	32.4%	26.7%	27%	22.4%
Revenue per employee	£198k	£285k	£411k	£407k	£495k
Profit per employee	£7k	−£93.6k	−£18.6k	£6.4k	−£5k
Growth (year on year)
Revenue growth	—	▲158.1%	▼1.8%	▼10.4%	▼2.7%
Profit growth	—	▼2503%	—	—	▼162.6%
Headcount growth	—	▲79.2%	▼31.9%	▼9.6%	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£67.7k	£89.8k	£49.3k	£278k	£38.3k
Net assets	£1.5m	−£11.4m	−£13.1m	−£12.6m	−£12.9m
Fixed assets	£358k	£262k	£78.8k	£168k	£181k
Current assets	£11.3m	£12.4m	£15.4m	£10.3m	£11.4m
Debtors	£2.3m	£5.4m	£6.2m	£5.1m	£4.8m
Deferred income	£1.9m	£3.7m	£2.6m	£1.8m	£2.7m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −1%; Profit ÷ revenue.
Gross margin: 22.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £495k; Revenue ÷ average employees.
Profit per employee: −£5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now −£12.9m
Cash at bank: ▼86%; Now £38.3k
Headcount: ▼20%; Now 68
Deferred income: ▲50%; Now £2.7m
Fixed assets: ▲8%; Now £181k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Xcede Global Holdings Limitedultimate parent75–100%
Xcede Corporate Limited75–100%
Xcede Group Limited75–100%
Xcede Group Holdings Limited75–100%
Xcede Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£338k), from the Companies House accounts bulk data published Aug 2026. 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.