Xlaboratory Ltd
Registered name: XLABORATORY LTD
Part of Spore Ltd groupXlaboratory Ltd made £25.6k revenue and £1.1k profit in the year to 31 Mar 2025.
Xlaboratory Ltd’s revenue grew 125% to £25.6k in the year to 31 Mar 2025, with £1.1k profit and 0 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Isle of Lewis; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Isle of Lewis, Scotland
- Age
- 7 yrs · since 2018
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.5k | £7.8k | £11.4k | £25.6k |
| Profit after tax | £647 | −£1.6k | −£26.7k | £1.1k |
| Profit (best available) | £647 | −£1.6k | −£26.7k | £1.1k |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 3.9% | −20.4% | −234.7% | 4.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼52.8% | ▲46% | ▲124.6% |
| Profit growth | — | ▼346.1% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £591 | −£6.3k | −£33k | −£31.9k |
| Fixed assets | — | £1.9k | £1.9k | £1.9k |
| Current assets | £19.3k | £16.9k | £30.4k | £53.6k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 −£31.9k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £1.9k
Group structure
Ownership chain
- Spore Ltdultimate parent75–100%
- Xlaboratory Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (13)
- Xteam LtdRev. £30.5k · Profit £958
- Dcnstrct LtdRev. £5.4k · Profit £1.3k
- Xsqrd LtdRev. £4.8k · Profit £433
- Ipxid LtdRev. £250 · Profit £216
- Terminal LtdRev. £250 · Profit £216
- Xdynamics LtdRev. £195 · Profit £161
- Reaactor LtdRev. £190 · Profit £156
- Dellaporta LtdRev. £172 · Profit £138
- Siar Companaidh LtdRev. £74 · Profit £40
- Statecraft LtdRev. £64 · Profit £30
- Statement LtdRev. £60 · Profit £26
- Conspiracy LtdFigures not disclosed
- Wardance LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1k), from the Companies House accounts bulk data published Dec 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.