CH2M HILL UNITED KINGDOM

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1 (b) in the financial statements, which indicates that the directors have prepared the financial statements on a going concern basis as they expect that adequate financing will be in place principally provided by parental support as necessary and that the company will continue to operate for the foreseeable future. However, a formal letter of support has not been provided by the parent. As stated in note 1 (b), these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1 (b) in the financial statements, which indicates that the directors have prepared the financial statements on a going concern basis as they expect that adequate financing will be in place principally provided by parental support as necessary and that the company will continue to operate for the foreseeable future. However, a formal letter of support has not been provided by the parent. As stated in note 1 (b), these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. CH2M HILL UNITED KINGDOM · parent
   1. CH2M Hill Sverige Atkiebolag AB 100% · Sweden · supply of services as consulting engineers

Significant events

• “On the 12th February 2025, the Company declared a dividend of £50m to be made in favour of CH2M Hill Europe Limited.”
• “On the same date, the Company also approved a Distribution-in-kind to be made by the Company, of a receivable owing by JEG Inc to the company in the aggregate amount of £39,427,241.91 (comprising a principal amount plus accured but unpaid interest, if any).”

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

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -4.9%

  £316,498,000 → £301,060,000

• Cash

  +270%

  £17,928,000 → £66,326,000

• Net assets

  +10%

  £85,406,000 → £93,921,000

• Employees

  -16%

  187 → 157

• Operating profit

  -61.5%

  £22,987,000 → £8,858,000

• Profit before tax

  -43.2%

  £27,005,000 → £15,352,000

• Wages

  -11.6%

  £16,032,000 → £14,176,000

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