X4 GROUP LTD
Get an alert when X4 GROUP LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-09-20 (in 4mo)
Last made up 2025-09-06
Watchouts
None on the register
Cash
£604K
-25.3% vs 2023
Net assets
£2M
-16.5% lowest in 5 filed years
Employees
106
-43% lowest in 5 filed years
Profit before tax
£364K
+120.3% first positive since 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £37,890,462 | £30,632,313 | |
| Operating profit | — | — | — | — | -£1,708,258 | £549,740 | |
| Profit before tax | — | — | — | £1,489,016 | -£1,794,239 | £364,123 | |
| Net profit | £967,064 | £92,810 | — | £1,160,531 | -£1,508,480 | £304,638 | |
| Cash | £368,289 | £352,811 | — | £826,492 | £808,873 | £603,935 | |
| Total assets less current liabilities | £2,172,095 | — | — | £3,627,207 | £1,914,377 | £1,579,057 | |
| Net assets | £2,126,281 | £1,754,091 | — | £3,328,778 | £1,891,799 | £1,579,057 | |
| Equity | — | — | — | £3,328,778 | £1,891,799 | £1,579,057 | |
| Average employees | 140 | 122 | — | 173 | 186 | 106 | |
| Wages | £5,907,303 | £5,187,967 | — | £8,944,060 | £10,319,889 | £6,502,657 | |
| Directors' remuneration | — | — | — | £477,576 | £340,395 | £43,096 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
-19.2%
£37,890,462 £30,632,313
-
Cash
-25.3%
£808,873 £603,935
-
Net assets
-16.5%
£1,891,799 £1,579,057
lowest in 5 filed years
-
Employees
-43%
186 106
lowest in 5 filed years
-
Operating profit
+132.2%
-£1,708,258 £549,740
-
Profit before tax
+120.3%
-£1,794,239 £364,123
first positive since 2023
-
Wages
-37%
£10,319,889 £6,502,657
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -4.5% | 1.8% | |
| Net margin | — | — | — | — | -4.0% | 1.0% | |
| Return on capital employed | — | — | — | — | -89.2% | 34.8% | |
| Current ratio | — | — | — | — | 1.19x | 1.23x | |
| Interest cover | — | — | — | — | -10.13x | 2.74x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- UHY Hacker Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- X4 GROUP LTD · parent
- X4 Alpha LLC 90%
- X4 Tech Staffing Inc. 100%
- X4 Staffing Deutschland GmbH 100%
Significant events
- “The group has continued to focus on growing its client base across international locations while hiring and developing quality staff within the UK, US and Germany. We continue to invest into our back-office functions, with ongoing development of our personnel and systems, to achieve operational efficiencies and sales process improvements across all teams.”
- “While the market conditions remain uncertain, the Board believe the group is well placed to benefit from the ongoing talent resourcing demand from clients across all our sectors and regions. We have continued to improve our internal processes, invested in new systems and strengthened management and sales teams to create a stronger and more effective organisation and fee growth in FY25.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NORRIS, Glenn Alex | Director | 2008-09-30 | Sep 1981 | British |
| NORRIS, Michael Adam | Director | 2008-11-04 | Dec 1983 | British |
| RABEY, Peter Stephen Edward | Director | 2008-09-30 | Dec 1982 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| X4 Group Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-01-01 | Active |
| Mr Glenn Alex Norris | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-01-01 |
| Michael Adam Norris | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-01-01 |
| Mr Peter Rabey | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-01-01 |
Filing timeline
Last 20 of 76 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-03-16 RESOLUTIONS Resolution
- 2020-02-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type group | |
| 2022-10-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-21 | AA | accounts | Accounts with accounts type group | |
| 2022-01-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-10-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-10 | AA | accounts | Accounts with accounts type group | |
| 2020-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-07-18 | AA | accounts | Accounts with accounts type group | |
| 2020-03-16 | SH02 | capital | Capital alter shares subdivision | |
| 2020-03-16 | RESOLUTIONS | resolution | Resolution | |
| 2020-02-18 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.