Skip to content
CompanySight
Company No. SC654166 · Incorporated 10 Feb 2020

Xteam Ltd

Registered name: XTEAM LTD

Part of Spore Ltd group

Xteam Ltd made £30.5k revenue and £958 profit in the year to 31 Mar 2025.

Xteam Ltd’s revenue grew 192% to £30.5k in the year to 31 Mar 2025, with £958 profit and 2 employees. The company is classified under “human resources provision and management of human resources functions” and is based in Isle of Lewis; we hold 4 years of its filed accounts.

Status
Active
Location
Isle of Lewis, Scotland
Age
6 yrs · since 2020
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 Mar 2025

Key figures

Small team
Revenue
£30.5k
Growth ▲191.6%
Profit
£958
Growth —
Profit margin
3.1%
 
Employees
2
Change 0%
Profit / employee
£479
Revenue/employee £15.3k
Profitable streak
1yr
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£569£8.7k£10.5k£30.5k
Profit after tax−£2.1k−£13.6k−£23k£958
Profit (best available)−£2.1k−£13.6k−£23k£958
Staff costs£2.6k£17.2k£19.4k£13.3k
Employees (average)—222
Ratios
Profit margin−374%−156.5%−219.5%3.1%
Revenue per employee—£4.3k£5.2k£15.3k
Profit per employee—−£6.8k−£11.5k£479
Growth (year on year)
Revenue growth—▲1423%▲20.7%▲191.6%
Headcount growth——0%0%
Balance sheet — indirect signals, not revenue
Net assets−£2.1k−£12.7k−£35.7k−£34.8k
Fixed assets£4.1k£19.9k£29.7k£29.8k
Current assets£1.2k£12.3k£7.3k£40.6k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
3.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£15.3k
Revenue ÷ average employees.
Profit per employee
£479
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
97.7%
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.
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 −£34.8k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
▲0%
Now £29.8k
Corporate ownership

Group structure

Ownership chain

  1. Spore Ltdultimate parent75–100%
  2. Xteam Ltdthis company

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

Sister companies (13)

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

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £958), 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.