MERCURY XRM LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
Cash
£3M
+243.6% highest in 6 filed years
Net assets
£3M
+58.1% highest in 6 filed years
Employees
124
+39.3% highest in 6 filed years
Profit before tax
£1M
+69.5% highest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Outstanding charges registered
One or more mortgages or charges remain undischarged on the Companies House register.
-
Annual accounts overdue
Due 2026-03-31.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £3,606,448 | — | £8,341,031 | £12,727,963 | |
| Operating profit | — | — | £228,565 | — | £881,520 | £1,485,436 | |
| Profit before tax | — | — | £160,402 | £375,358 | £874,647 | £1,482,615 | |
| Net profit | — | £128,174 | £209,153 | £375,358 | £957,652 | £1,149,227 | |
| Cash | £53,614 | £164,479 | £877,594 | £1,493,799 | £963,131 | £3,309,308 | |
| Total assets less current liabilities | £216,206 | £344,380 | £941,812 | £1,149,670 | £1,912,761 | £2,941,322 | |
| Net assets | — | £344,380 | £553,533 | £913,260 | £1,795,912 | £2,840,139 | |
| Equity | £216,206 | £344,380 | £553,533 | £913,260 | £1,795,912 | £2,840,139 | |
| Average employees | 17 | 30 | 41 | 52 | 89 | 124 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — |
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 2024-03-31 vs 2023-03-31
-
Turnover
+52.6%
£8,341,031 £12,727,963
highest in 3 filed years
-
Cash
+243.6%
£963,131 £3,309,308
highest in 6 filed years
-
Net assets
+58.1%
£1,795,912 £2,840,139
highest in 5 filed years
-
Employees
+39.3%
89 124
highest in 6 filed years
-
Operating profit
+68.5%
£881,520 £1,485,436
highest in 3 filed years
-
Profit before tax
+69.5%
£874,647 £1,482,615
highest in 4 filed years
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 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 6.3% | — | 10.6% | 11.7% | |
| Net margin | — | — | 5.8% | — | 11.5% | 9.0% | |
| Return on capital employed | — | — | 24.3% | — | 46.1% | 50.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 51.7% | 45.7% | |
| Current ratio | — | — | — | — | 1.98x | 2.17x | |
| Interest cover | — | — | 3.34x | — | 128.26x | 84.56x |
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 2 times since incorporation
- MERCURY XRM LIMITED 2014-03-31 → present
- MERCURYXRM LIMITED 2014-03-04 → 2014-03-31
- CRIMSON MERCURY LIMITED 2014-02-25 → 2014-03-04
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Azets
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the appropriateness of the going concern assumption, the directors have reviewed detailed profit and cashflow forecasts considering reasonably foreseeable potential scenarios and uncertainties in relation to income and expenditure for a period of at least 12 months from the sign off of these financial statements. The company continues to trade and has met liability payments as they fall due and the directors have concluded that there are no circumstances that give rise to a material uncertainty in relation to going concern and as such have deemed it appropriate for the financial statements to be prepared on the going concern basis.”
Significant events
- “As at 31st March 2024, the business employed 124 staff located within the UK. During 2024 it is the plan to continue to invest in further headcount growth, with a focus on additional development, specifically leveraging investment and developments in AI technologies to continue to develop the Mercury product, drive growth and continually improve the service provided to our clients.”
- “The outlook for the business remains positive and since 31st March 2024, the Company has continued to grow its client base and to further develop its product offering. The Company is very well placed to leverage Microsoft's significant investment in AI.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KENDRICK, Chris | Director | 2014-10-01 | May 1977 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AMES, Barbara | Director | 2014-03-04 | 2014-09-08 |
| AMES, Michael St John Paul | Director | 2014-03-04 | 2016-12-30 |
| CHAVE, Helen | Director | 2014-03-04 | 2014-05-08 |
| CHAVE, Simon James | Director | 2014-03-04 | 2016-12-30 |
| MALLABAND, Julie Ann | Director | 2014-03-04 | 2014-09-08 |
| MALLABAND, Robert William | Director | 2014-02-25 | 2016-12-30 |
| OWENS, Gregory Lincoln | Director | 2017-05-01 | 2018-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Chris Kendrick | Individual | Shares 75–100%, Voting 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | AA | accounts | Accounts with accounts type full | |
| 2022-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-20 | CH01 | officers | Change person director company with change date | |
| 2022-03-31 | AA | accounts | Accounts with accounts type small | |
| 2021-07-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-06 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-02-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2018-12-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2018-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2018-04-03 | AD01 | address | Change registered office address company with date old address new address |
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.