XBP EUROPE LIMITED
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Cash
£311k
-63.5% lowest in 4 filed years
Net assets
£15m
+8.2% highest in 4 filed years
Employees
350
+6.1% vs 2024
Profit before tax
-£935k
-132.4% lowest in 4 filed years
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £27,027,486 | £26,677,151 | £25,707,250 | £30,685,160 | +19.4% | |
| Operating profit | £2,250,769 | £704,907 | £2,154,787 | £3,702,677 | +71.8% | |
| Profit before tax | £1,786,272 | -£218,145 | £2,881,634 | -£934,704 | -132.4% | |
| Net profit | £1,298,070 | -£112,358 | £2,030,926 | -£756,643 | -137.3% | |
| Cash | £5,471,958 | £426,296 | £852,714 | £311,209 | -63.5% | |
| Total assets less current liabilities | £46,529,663 | £30,628,233 | £23,140,799 | £19,091,615 | -17.5% | |
| Net assets | £11,010,383 | £12,311,025 | £13,953,951 | £15,097,119 | +8.2% | |
| Equity | £11,010,383 | £12,311,025 | £13,953,951 | £15,097,119 | +8.2% | |
| Average employees | 355 | 348 | 330 | 350 | +6.1% | |
| Wages | £11,442,410 | £12,127,030 | £11,803,779 | £12,800,016 | +8.4% | |
| Directors' remuneration | — | — | £349,025 | £837,692 | +140% | |
| Directors' pension contributions | — | — | £3,082 | £13,946 | +352.5% | |
| Highest paid director | — | — | £207,775 | £579,779 | +179% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 8.3% | 2.6% | 8.4% | 12.1% | |
| Net margin | 4.8% | -0.4% | 7.9% | -2.5% | |
| Return on capital employed | 4.8% | 2.3% | 9.3% | 19.4% | |
| Gearing (liabilities / total assets) | 84.6% | 81.1% | 80.7% | 79.5% | |
| Current ratio | — | 1.79x | 1.41x | 1.30x | |
| Interest cover | 1.93x | 0.41x | 1.72x | 5.22x |
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 4 times since incorporation
- XBP EUROPE LIMITED 2024-09-27 → present
- EXELA TECHNOLOGIES LIMITED 2018-03-07 → 2024-09-27
- BANCTEC LIMITED 1989-01-25 → 2018-03-07
- OCR SCANDATA LIMITED 1977-12-31 → 1989-01-25
- DUKEHURST LIMITED 1976-10-27 → 1977-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Focus Somar Audit and Tax Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, having obtained a signed letter of financial support from the ultimate parent company for a period of at least 12 months from the date of signing these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHHAYA, Jaymin | Secretary | 2014-07-04 | — | — |
| CHHAYA, Jaymin Harshad, Mr. | Director | 2016-05-25 | Jun 1966 | British |
| ROBU, Vitalie | Director | 2021-03-15 | Sep 1971 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CANNAN, Peter John | Secretary | 2000-02-16 | 2000-10-12 |
| CASSERLY MCCAIG, Ann | Secretary | 2005-07-01 | 2014-07-04 |
| CASSERLY MCCAIG, Ann | Secretary | 2001-06-22 | 2004-06-30 |
| JARMAN, Colin James Cumming | Secretary | 2001-02-13 | 2001-06-24 |
| MACCORMACK, Robert | Secretary | — | 2000-02-15 |
| MCDONOUGH, Richard Allen | Secretary | 2000-09-27 | 2001-08-09 |
| STONE, Brian Robert | Secretary | 2004-06-30 | 2005-02-28 |
| BRYCE, Christopher James Murray | Director | — | 2004-06-30 |
| CANNAN, Peter John | Director | 2000-02-16 | 2000-10-12 |
| CLARK, Grahame Newton | Director | — | 2000-06-22 |
| CLARK, Jack Coley | Director | 2004-11-18 | 2014-07-04 |
| CRISMAN, Craig Devere | Director | 2004-04-26 | 2004-09-30 |
| CUSHMAN, Jeffrey Dean | Director | 2005-02-28 | 2014-07-04 |
| DOWNEY, Stephen John | Director | 2005-07-01 | 2021-06-01 |
| FAIRCHILD, Mark Donald | Director | 2014-07-04 | 2016-09-20 |
| FAIRCHILD, Mark | Director | 2000-09-27 | 2004-06-30 |
| HARRIS, Guy | Director | 1999-03-01 | 2000-10-06 |
| JARMAN, Colin James Cumming | Director | — | 2004-06-30 |
| JONOVIC, Andrej | Director | 2014-07-04 | 2016-09-20 |
| MACCORMACK, Robert | Director | — | 2000-02-15 |
| MAYLAND, George Wesley | Director | — | 1992-06-30 |
| MCDONOUGH, Richard Allen | Director | 2000-09-27 | 2001-06-22 |
| PEPLOW, Michael David | Director | 2000-11-20 | 2014-06-12 |
| STAEDKE, John David | Director | 2000-09-27 | 2001-12-31 |
| STONE, Brian Robert | Director | 2004-04-26 | 2005-02-28 |
| TRIVETTE, Mark Evan | Director | 2014-07-04 | 2016-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xbp Europe, Inc. | Corporate entity | Shares 75–100% | 2022-10-06 | Active |
| Btc International Holdings Inc | Corporate entity | Shares 75–100% | 2017-01-31 | Ceased 2022-10-06 |
Filing timeline
Last 20 of 175 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-27 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-07-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-27 | AA | accounts | Accounts with accounts type full | |
| 2022-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-06-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.