WESTERN DIGITAL (UK) LIMITED

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company's business activities, together with the factors likely to affect its future development, performance and position are set out in the Director's report. The Directors are satisfied that the Company has and will maintain sufficient financial resources to enable it to continue operating in the foreseeable future and therefore continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. WESTERN DIGITAL (UK) LIMITED · parent
   1. HGST Netherlands BV 100% · The Netherlands · Holding company/ Marketing support
   2. Western Digital Middle East FZCO 100% · UAE · Sales support

Significant events

• “On the 30th of October 2023, the Company's ultimate parent, Western Digital Corporation ("WDC") announced that its Board of Directors had unanimously approved a plan to separate its Hard Disk Drive ("HDD") and Flash businesses.”
• “On the 28th of September 2024, the Flash assets and liabilities of Western Digital UK were transferred to SanDisk UK Limited at their book values at that date in exchange for a share in the Company by way of a business transfer agreement. The spin out of SanDisk Corporation into a separate public listed company was completed on 21 February 2025.”
• “On 24 October 2025, the Company received a dividend from HGST Netherlands BV of $42.50m.”
• “On 24 October 2025, the Company paid a dividend to Western Digital Holdings Ltd of $42.50m.”
• “On 17 November 2025, the Company entered into a revolving credit agreement with Western Digital Technologies, Inc. and loaned $461.42m to Western Digital Technologies, Inc with value date of 18 November 2025.”
• “On 18 November 2025, the Company issued 1 ordinary share of 1.00 GBP fully paid at a premium with a total value of $461.42m in exchange for cash contribution from its parent Western Digital Holdings Ltd.”
• “On 3 December 2025, the Company issued 1 ordinary share of 1 GBP fully paid at a premium with a total value of $390.00m in exchange for cash contribution from its parent Western Digital Holdings Ltd.”
• “On 3 December 2025, the Company paid a $390.00m loan to Western Digital Technologies, Inc under revolving credit agreement.”
• “On 19 December 2025, the Company made a $20.00m cash contribution to its subsidiary, HGST Netherlands BV.”
• “On 22 January 2026, the Company received a dividend of $20.00m from HGST Netherlands BV.”
• “On 22 January 2026, the Company issued 1 ordinary share of 1 GBP fully paid at a premium with the total value of $70.00m in exchange for cash contribution from Western Digital Holdings Ltd.”
• “On 22 January 2026, the Company paid a $90.00m loan to Western Digital Technologies Inc under revolving credit agreement.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

6

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -18.2%

  £1,704,949,592 → £1,393,813,195

• Cash

  +30%

  £29,588,584 → £38,461,824

• Net assets

  -80.4%

  £2,549,816,160 → £500,269,088

• Employees

  -42.3%

  142 → 82

• Operating profit

  -11.3%

  £37,223,128 → £33,034,099

• Profit before tax

  -100.7%

  £12,205,217,939 → -£90,547,813

• Wages

  -21.4%

  £8,192,735 → £6,438,844

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