GFK U.K. LIMITED

• ⚠

  Material uncertainty over going concern

  The Company has reported a profit for the year of £0.310m. It has net assets of £47.483m and has cash balances of £1m at 31 December 2024. It relies on funding from Intermediate Dutch BV, which operates a cash pooling arrangement in which the Company participates, and has obtained confirmation of parental support until at least 31 March 2027. Following a consideration of forecast data, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, under the condition of parental support which has been confirmed until 31 March 2027.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. GFK U.K. LIMITED 2015-08-10 → present
2. GFK NOP LIMITED 2005-09-30 → 2015-08-10
3. NOP RESEARCH GROUP LIMITED 1994-03-01 → 2005-09-30
4. MAI RESEARCH LIMITED 1992-02-21 → 1994-03-01
5. MAI UK MARKET RESEARCH LIMITED 1990-07-20 → 1992-02-21
6. CLAIMSEARCH LIMITED 1990-06-18 → 1990-07-20

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company has reported a profit for the year of £0.310m. It has net assets of £47.483m and has cash balances of £1m at 31 December 2024. It relies on funding from Intermediate Dutch BV, which operates a cash pooling arrangement in which the Company participates, and has obtained confirmation of parental support until at least 31 March 2027. Following a consideration of forecast data, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, under the condition of parental support which has been confirmed until 31 March 2027.”

Significant events

• “Turnover increased by 11% in 2024, reflecting both strategic operational shifts and resilience in a challenging economic environment. A key contributor to this growth was the successful development and launch of our gfknewron SaaS platform-an integrated solution that delivers market, consumer, and brand intelligence, enhanced by AI-powered recommendations.”
• “Post successful combination of businesses between GfK GmbH [previously GfK SE) and Nielsen IQ ("NiQ") in 2023, the company has launched a series of transformation initiatives, optimizing its workforce, modernizing its technologies and competencies and linearising its businesses to get the maximum synergy out of the combined entity in our pursuit towards "delivering the Full View™™ to fuel our customers' growth strategies."”
• “On 24 September 2024, the Company terminated its current lease agreement at the Blue Fin Building which was due to expire on 25 December 2025, and entered into a new 10 year lease agreement, with a 5 year break clause, for a smaller square footage within the same office space.”

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

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +11.4%

  £52,903,000 → £58,915,000

• Cash

  +143.2%

  £398,000 → £968,000

• Net assets

  +0.7%

  £47,173,000 → £47,483,000

• Employees

  -9.6%

  324 → 293

• Operating profit

  +169.7%

  £1,117,000 → £3,012,000

• Profit before tax

  +133.3%

  £810,000 → £1,890,000

• Wages

  -4.3%

  £26,892,000 → £25,749,000

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