How much does Xiatech Limited make?

Xiatech Limited reported revenue of £10.1m and a loss of £1m in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Xiatech Limited have?

Xiatech Limited reported an average of 66 employees in the year to 30 Sep 2024.

Is Xiatech Limited profitable?

No — Xiatech Limited reported a loss of £1m in the year to 30 Sep 2024.

Company No. 08677559 · Incorporated 5 Sep 2013

Xiatech Limited

Registered name: XIATECH LIMITED

Part of Xiatech Holdings Limited group

Xiatech Limited made £10.1m revenue and a £1m loss in the year to 30 Sep 2024. read from filing text

Xiatech Limited’s revenue grew 7% to £10.1m in the year to 30 Sep 2024, with a loss of £1m and 66 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 13 yrs · since 2013
Type: Private Limited Company

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. From the filing: “The company’s immediate and ultimate parent is Xiatech Holdings Limited, a company incorporated in the United Kingdom and registered in England and Wales. Copies of the consolidated financial statemen”

Latest accounts · year to 30 Sep 2024

Key figures

Revenue

£10.1m

Growth ▲6.7%

Profit

−£1m

Growth ▼955%

Profit margin

−10.1%

Gross 49%

Employees

Change ▲4.8%

Profit / employee

−£15.4k

Revenue/employee £153k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.6m	£9.4m	£10.1m
Cost of sales	£3.9m	£4.3m	£5.1m
Gross profit	£4.7m	£5.2m	£4.9m
Operating profit	£470k	£8.1k	−£1.3m
Profit before tax	£477k	£8.1k	−£1.3m
Profit after tax	£614k	£119k	−£1m
Profit (best available)	£614k	£119k	−£1m
Staff costs	£1.4m	£2.3m	£2.5m
Employees (average)	54	63	66
Ratios
Profit margin	7.1%	1.3%	−10.1%
Gross margin	54.9%	55%	49%
Revenue per employee	£160k	£150k	£153k
Profit per employee	£11.4k	£1.9k	−£15.4k
Growth (year on year)
Revenue growth	—	▲9.5%	▲6.7%
Profit growth	—	▼80.6%	▼955%
Headcount growth	—	▲16.7%	▲4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£399k	£1.2m	£106k
Net assets	£4.6m	£4.7m	£3.7m
Fixed assets	£3.9m	£4.8m	£4.9m
Current assets	£3.4m	£3.7m	£3.2m
Debtors	£2.1m	£1.7m	£2.6m
Deferred income	£646k	£600k	£606k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −10.1%; Profit ÷ revenue.
Gross margin: 49%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £153k; Revenue ÷ average employees.
Profit per employee: −£15.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 48.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.5%; 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: ▼22%; Now £3.7m
Cash at bank: ▼91%; Now £106k
Headcount: ▲5%; Now 66
Deferred income: ▲1%; Now £606k
Fixed assets: ▲3%; Now £4.9m

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

Xiatech Holdings Limitedultimate parent75–100%
Xiatech 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£1m), from the Companies House accounts bulk data published Mar 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.