Xchanging

Xchanging provides technology-enabled business solutions to the global commercial insurance industry. We bring innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do. We want to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

Type
Subsidiary
Parent Company
Computer Sciences Corp (CSC)
HQ
London, GB
Xchanging is headquartered in London, GB

Xchanging Office Locations

Xchanging has offices in London and Leeds
London, GB (HQ)
The Walbrook Walbrook

Xchanging Data and Metrics

Xchanging Financial Metrics

Xchanging's revenue was reported to be £440.2 m in FY, 2015 which is a 23% decrease from the previous period.
GBPFY, 2013FY, 2014FY, 2015

Revenue

685.9 m573.5 m440.2 m

Revenue growth, %

(16%)(23%)

Cost of goods sold

618.4 m531.5 m407.5 m

Gross profit

67.5 m42 m32.7 m

Gross profit Margin, %

10%7%7%

Operating expense total

(14.4 m)5.4 m71.2 m

Pre tax profit

78.3 m32.5 m(46.2 m)

Net Income

65.4 m29.4 m(52.7 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

121.3 m129.2 m127.5 m

Accounts Receivable

104.6 m44.4 m41.1 m

Current Assets

249.9 m248.1 m227.6 m

PP&E

57.2 m64 m57.9 m

Goodwill

226.6 m332.4 m276.9 m

Total Assets

533.7 m644.5 m562.4 m

Accounts Payable

30.2 m33 m11.9 m

Current Liabilities

223.9 m201.2 m156.3 m

Total Liabilities

314.2 m427.9 m420.2 m

Retained Earnings

50 m10 m(74.9 m)

Total Equity

219.5 m216.6 m142.2 m

Financial Leverage

2.4 x3 x4 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

71.2 m48.7 m33.4 m

Cash From Financing Activities

(52.9 m)76.4 m15.4 m

Income Taxes Paid

(12.9 m)(3.1 m)(6.5 m)

Xchanging Median Salaries

Source: 241 public H-1B filings from Xchanging

Traffic Overview of Xchanging

Xchanging Online and Social Media Presence

Xchanging News and Updates

City Moves for 17 January 2017 | Who’s switching jobs

Eversheds Frank Thompson has joined Eversheds' London insurance team. Frank has over 15 years of legal experience focusing on insurance coverage disputes and non-contentious coverage advice and has been ranked as a leading individual by Chambers and Partners for several years. Frank joins the fir…

Xchanging Company Life and Culture

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