DESCARTES SYSTEMS UK LIMITED

1. DESCARTES SYSTEMS UK LIMITED 1998-02-23 → present
2. R.T.S.I. LIMITED 1990-01-18 → 1998-02-23

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the forecast, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they have adopted the going concern basis of accounting in preparing the financial statements.”

Group structure

1. DESCARTES SYSTEMS UK LIMITED · parent
   1. BoxTop Technologies Limited 100% · Great Britain · Provider of shipment management solutions
   2. Descartes Kontainers Limited 100% · Great Britain · Provider of digital freight software
   3. Peoplevox Limited 100% · Great Britain · Provider of ecommerce warehouse management solutions
   4. Peoplevox Poland Sp. Z.o.o. 100% · Poland · Provider of software research & development and support services

Significant events

• “On 25 July 2025, the members of the Company declared a dividend of £4,200,000, which was settled in cash on 29 July 2025.”
• “On 27 January 2025, the members of the Company declared a dividend of £2,500,000, which was settled in cash on 29 January 2025.”
• “On 16 July 2024, 6,000,000 shares with a nominal value of £1 per share were allotted to The Descartes Systems Group Inc. in settlement of the funds previously advanced for the purchase of BoxTop.”
• “On 18 July 2024, the members of the Company passed a special resolution to reduce the share capital of the Company from 10,332,170 ordinary shares of £1 each in the Company, totalling £10,332,170, to 6,332,170 ordinary shares of £1 in the Company, totalling £6,332,170, by cancelling and repaying at par 4,000,000 ordinary shares of £1 in the Company, totalling £4,000,000.”
• “On 25 October 2024, the members of the Company passed a special resolution to reduce the share capital of the Company from 6,332,170 ordinary shares of £1 each in the Company, totalling £6,332,170, to 1,632,170 ordinary shares of £1 in the Company, totalling £1,632,170, by cancelling and repaying at par 4,700,000 ordinary shares of £1 in the Company, totalling £4,700,000.”
• “On 10 June 2024, the Company acquired all outstanding shares of BoxTop Technologies Limited ("BoxTop"), a leading provider of shipment management solutions for small- to mid-sized logistics services providers.”

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

Filings

3

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +10.4%

  £34,736,480 → £38,339,311

• Cash

  +72.6%

  £2,271,424 → £3,920,826

• Net assets

  +48%

  £11,881,031 → £17,579,356

• Employees

  -2%

  100 → 98

• Operating profit

  +64.9%

  £8,570,140 → £14,132,248

• Profit before tax

  +64.9%

  £8,570,140 → £14,132,248

• Wages

  +2.7%

  £6,080,682 → £6,247,384

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers