XD Bidco Limited
Registered name: XD BIDCO LIMITED
Part of Vesta Topco Limited groupXD Bidco Limited made £170k revenue and a £879k loss in the year to 30 Jun 2025.
XD Bidco Limited’s revenue fell 75% to £170k in the year to 30 Jun 2025, with a loss of £879k and 5 employees. The company is classified under “non-trading company” and is based in Leeds; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 3 yrs · since 2023
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £675k | £170k |
| Gross profit | £675k | £170k |
| Operating profit | −£13.5k | £73.7k |
| Profit before tax | −£851k | −£821k |
| Profit after tax | −£793k | −£879k |
| Profit (best available) | −£793k | −£879k |
| Employees (average) | 3 | 5 |
| Ratios | ||
| Profit margin | −117.4% | −516.1% |
| Gross margin | 100% | 100% |
| Revenue per employee | £225k | £34.1k |
| Profit per employee | −£264k | −£176k |
| Growth (year on year) | ||
| Revenue growth | — | ▼74.8% |
| Headcount growth | — | ▲66.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £986k | £22.8k |
| Net assets | −£793k | −£1.7m |
| Debtors | £10.8m | £12.9m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −516.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £34.1k
- Revenue ÷ average employees.
- Profit per employee
- −£176k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7559%
- 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
- —
- Now −£1.7m
- Cash at bank
- ▼98%
- Now £22.8k
- Headcount
- ▲67%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Vesta Topco Limitedultimate parent75–100%
- Vesta Midco Limited75–100%
- Investment Company 24 Bidco Limited75–100%
- Version 1 Software UK Limited75–100%
- XD Topco Limited75–100%
- XD Midco Limited75–100%
- XD Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- XD Holdings LimitedRev. — · Profit −£291k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£879k), from the Companies House accounts bulk data published Mar 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.