XEROX LIMITED
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Cash
£5
+150% vs 2024
Net assets
£675
-24.3% lowest in 3 filed years
Employees
335
-9.2% lowest in 3 filed years
Profit before tax
-£248
-103.3% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £813,000,000 | £742 | £670 | -9.7% | |
| Operating profit | -£157,000,000 | -£205 | -£279 | -36.1% | |
| Profit before tax | -£113,000,000 | -£122 | -£248 | -103.3% | |
| Net profit | -£131,000,000 | -£115 | -£247 | -114.8% | |
| Cash | £5,000,000 | £2 | £5 | +150% | |
| Total assets less current liabilities | £1,026,000,000 | £928 | £706 | -23.9% | |
| Net assets | £988,000,000 | — | — | — | |
| Equity | £988,000,000 | £892 | £675 | -24.3% | |
| Average employees | 425 | 369 | 335 | -9.2% | |
| Wages | £39,000,000 | £39 | £26 | -33.3% | |
| Directors' remuneration | £2,000,000 | £5 | £2 | -60% | |
| Highest paid director | £1,000,000 | £3 | £1 | -66.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -19.3% | -27.6% | -41.6% | |
| Net margin | -16.1% | -15.5% | -36.9% | |
| Return on capital employed | -15.3% | -22.1% | -39.5% | |
| Gearing (liabilities / total assets) | 35.3% | — | — | |
| Current ratio | 0.86x | 0.94x | 0.89x | |
| Interest cover | -13.08x | -15.77x | -46.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- XEROX LIMITED 1997-10-31 → present
- RANK XEROX LIMITED 1956-12-19 → 1997-10-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have obtained written confirmation of support from the Company’s parent, Xerox Holdings Corporation for at least 12 months from the date of signing these financial statements and on the basis of this support consider that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “The acquisitions of Xerox Canada NS ULC from Xerox Foreign Holdings LLC and Xerox Financial Services Canada ULC from Xerox Financial Services Canada Holdings Ltd., and their subsequent contribution to Xerox Canada Inc. as part of a legal entity rationalisation project.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 53 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALSH, Cheryl Sandra Sarah | Secretary | 2023-01-09 | — | — |
| CASSIDY, Darren Scott | Director | 2024-01-31 | Jul 1967 | British |
| DYAS, David Brian | Director | 2026-07-24 | Dec 1963 | British |
| MOLHOEK, Danny | Director | 2026-06-01 | May 1971 | Dutch |
| PITCEATHLY, Richard Stuart, Mr. | Director | 2017-11-01 | May 1965 | British |
Show 53 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRETT, Michael John | Secretary | 1999-05-21 | 2017-09-29 |
| PAYNE, Christopher John | Secretary | — | 1995-04-30 |
| PITCEATHLY, Richard | Secretary | 2017-11-01 | 2023-01-09 |
| SHEPHARD, Carole | Secretary | 1995-05-01 | 1999-05-21 |
| ALBRIGHT, Craig Morrow | Director | 2010-04-26 | 2013-01-01 |
| ALLAIRE, Paul Arthur | Director | — | 1998-08-01 |
| ARTHURTON, Anthony William | Director | 2020-11-06 | 2022-10-07 |
| BARRETT, Michael John | Director | 2004-01-01 | 2017-09-30 |
| BENOIT, Daniel Marc | Director | 2017-04-06 | 2020-10-15 |
| BROWNE, Christopher | Director | 2006-04-05 | 2007-10-09 |
| CRONIN, Stephen Michael | Director | 1998-08-01 | 2004-01-01 |
| DANON, Pierre | Director | 1998-08-01 | 1998-12-11 |
| FESTA, Michael Robert | Director | 2006-09-06 | 2010-04-26 |
| FISHER, Patricia Louise | Director | 2010-08-16 | 2017-12-31 |
| FOURNIER, Bernard Dominique | Director | — | 2001-11-09 |
| GIFFORD, Michael Brian | Director | — | 1996-04-10 |
| GONZALEZ-CAMINO, Luis | Director | — | 1993-04-16 |
| GOODE, William Raymond | Director | — | 2005-10-04 |
| GROUES, Olivier Pierre-Marie | Director | — | 1999-02-01 |
| GUEDEN, Jacques-Edouard | Director | 2020-10-01 | 2026-06-01 |
| GUERS, Jacques Henri Jean | Director | 2010-09-06 | 2017-10-31 |
| HADDON, Laurence Lyndon | Director | — | 1996-07-04 |
| HARPER, Ian | Director | 2006-04-05 | 2010-11-09 |
| HEISS, Xavier Gilbert | Director | 2020-03-23 | 2020-11-01 |
| HEISS, Xavier | Director | 2013-01-01 | 2015-02-27 |
| HICKS, Wayland | Director | — | 1994-08-31 |
| KABURECK, Gary R | Director | 2006-04-05 | 2013-03-31 |
| LAWLER, James Fintain, Lord | Director | 2000-11-24 | 2002-09-23 |
| MACCARRICK, Timothy James | Director | 2004-01-01 | 2006-09-06 |
| MARCIANO, Gabriel Maurice | Director | 2015-03-02 | 2017-10-31 |
| MARCIANO, Gabriel Maurice | Director | 2007-01-01 | 2010-08-16 |
| MAW, David Nicholas | Director | 1999-05-24 | 2001-01-26 |
| MILLIGAN, John Rodger | Director | — | 1994-01-01 |
| MORRISON, Andrew John | Director | 2015-03-02 | 2018-09-30 |
| NOONOO, Rodney | Director | 2020-10-15 | 2026-06-01 |
| OLIVER, Lisa Marie | Director | 2018-02-01 | 2019-04-30 |
| ORRICO, Ralph Thomas | Director | — | 1998-05-22 |
| PANTLING, Shaun William | Director | 2004-11-05 | 2014-12-31 |
| PONCHON, Patrick Henri | Director | 1996-02-01 | 2004-01-08 |
| RABBAT, Guy | Director | 1993-06-01 | 1996-03-01 |
| RAND, Addison Barry | Director | 1994-02-01 | 1998-11-23 |
| ROMERIL, Barry David | Director | 1993-08-01 | 1999-02-05 |
| SENTER, Alan Zachery | Director | — | 1992-07-13 |
| SINGH, Shrawan Kumar | Director | 1992-07-20 | 1996-02-01 |
| SMITH, Michael, Dr | Director | — | 1993-06-01 |
| STOLLMAN, Francois Johannes Joseph Maria | Director | 1996-07-19 | 1999-02-01 |
| SULLIVAN, Richard Peter | Director | 2001-01-26 | 2006-12-31 |
| TEARE, Andrew Hubert | Director | 1996-04-10 | 1997-07-02 |
| TESSLER, Herve | Director | 2017-04-06 | 2020-02-28 |
| TIERNEY, Stephen Lawrence | Director | — | 1992-07-16 |
| TURNBULL, Nigel Victor | Director | — | 1997-07-02 |
| YATES, Douglas Martin | Director | — | 1997-07-02 |
| ZAGALO DE LIMA, Armando | Director | 2004-01-01 | 2010-08-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xerox Overseas Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 329 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-11 MA Memorandum articles
- 2026-04-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | AA | accounts | Accounts with accounts type full | |
| 2026-07-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-11 | MA | incorporation | Memorandum articles | |
| 2026-04-11 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-08-01 | SH01 | capital | Capital allotment shares | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 1
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.