Company Directory / Xero Limited

Business Description

"Beautiful online platform for accounting & payroll. For small businesses & their advisors.

Xero is the emerging global leader of online accounting software that connects small businesses to their advisors and other services. Xero provides business owners with real-time visibility of their financial position and performance in a way that’s simple, smart and secure.

Over 1 million subscribers use our online accounting software to run healthier, more efficient small businesses.

Xero is based on the principle that small businesses are highly sensitive to shifts in their balance sheet and cashflow. Their ability to monitor financial performance in real-time and plan ahead is crucial. Small businesses make up more than 90% of all businesses by number across OECD countries, so their success or otherwise has a direct effect on the greater economy.

Xero software is developed using Microsoft’s .NET development environment over resilient SQL server databases, on a Windows application server infrastructure. Our production servers are primarily hosted by AWS which monitors our servers and firewalls 24/7/365 at guarded facilities.

Founded in 2006, Xero listed on the New Zealand Stock Exchange in June 2007 and the Australian Securities Exchange in November 2012. Xero is used in over 180 countries by 1,000,000+ paying subscribers and integrates with more than 500 add-on solutions.

Xero has raised more than NZ$470 million in funding. This includes $2m pre-IPO; $15m at its IPO; and subsequent placements involving MYOB co-founder Craig Winkler, Paypal founder and first Facebook external investor Peter Thiel (through the investment vehicle VALAR VENTURES), MATRIX CAPITAL MANAGEMENT, and ACCEL PARTNERS.

• New Zealand | Wellington, Auckland, Christchurch, Napier
• United States | Denver, San Francisco, New York, Los Angeles, Seattle
• Australia | Melbourne, Sydney, Canberra, Brisbane, Perth
• United Kingdom | Milton Keynes, London
• Singapore | Singapore

Over 100 banks globally connect to Xero. They offer direct bank feeds so transactions flow automatically and securely into Xero, giving businesses daily cash flow updates. UK banks that work with Xero

• Barclays
• Metro Bank
• NatWest
• Royal Bank of Scotland
• RBS International (includes RBS International trading as NatWest, Isle of Man Bank)
• Santander Corporate and Commercial
• Silicon Valley Bank (UK)"

Registered Address

56 Canford Cliffs Road
BH13 7AA

Contact Details

Key Data

9537 Software
Company Number
Private Limited Company
Company Age
19 years
June 27, 2001
Nature of Business
62090 - Other information technology service activities
Year End
June 30
Accounts Due
June 30, 2021
Latest Accounts
June 30, 2019