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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-07-15 (in 2mo)

Last made up 2025-07-01

Watchouts

None on the register

Cash

£3M

+175.6% vs 2024

Net assets

£25M

+52.4% vs 2024

Employees

648

+30.4% vs 2024

Profit before tax

£7M

-21.5% vs 2024

Name history

Renamed 6 times since incorporation

  1. HITACHI ENERGY UK LIMITED 2021-11-01 → present
  2. ABB POWER GRIDS UK LIMITED 2019-06-03 → 2021-11-01
  3. ABB ENTERPRISE SOFTWARE UK LIMITED 2015-04-20 → 2019-06-03
  4. VENTYX (UK) LIMITED 2007-04-02 → 2015-04-20
  5. INDUS INTERNATIONAL LTD. 1997-09-17 → 2007-04-02
  6. TSW INTERNATIONAL LIMITED 1995-01-04 → 1997-09-17
  7. TSW (UK) LIMITED 1994-10-27 → 1995-01-04

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £273,408,000£330,024,000
Operating profit £8,253,000£6,181,000
Profit before tax £9,454,000£7,426,000
Net profit £8,197,000£8,519,000
Cash £1,080,000£2,977,000
Total assets less current liabilities £25,608,000£34,297,000
Net assets £16,250,000£24,769,000
Equity £16,250,000£24,769,000
Average employees 497648
Wages £39,127,000£53,153,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-31
Operating margin 3.0%1.9%
Net margin 3.0%2.6%
Return on capital employed 32.2%18.0%
Current ratio 1.12x1.08x
Interest cover 85.97x27.35x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors are confident that the financial performance of the legal entity will continue to generate cash and will improve as it has over the past 4 years. This, along with the strong pipeline of orders, provides confidence in the going concern of the entity. In addition to this, the Directors have obtained confirmation that, if required, additional funding will be provided by the Company's immediate parent company, Hitachi Energy Ltd, to meet its liabilities as they fall due for a period of 12 months from the date of approval of these Financial Statements.”

Significant events

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

People

6 active · 50 resigned

Name Role Appointed Born Nationality
STOCKDALE, Kim Secretary 2026-01-20
FLEMING, Laura Angeline Oegine Director 2022-07-13 Mar 1974 Dutch
GHAVI, Mahboubeh Maxine Director 2025-02-01 May 1964 Swiss
HASNIP, Matthew John Director 2021-05-14 Nov 1971 British
PERSSON, Jan Niklas Director 2025-02-01 Sep 1973 Swedish
STOCKDALE, Kim Director 2026-02-24 Oct 1973 British
Show 50 resigned officers
Name Role Appointed Resigned
BENN, David Secretary 2010-11-05 2014-03-01
BOLIN, Richard Bret Secretary 2007-02-26 2009-09-14
BROWNE, Nicholas Egerton Secretary 1995-03-10 1999-10-29
COLBY, Kenneth Secretary 1994-10-27 1995-03-10
HUFFAKER, Craig Jackson Secretary 1994-10-27 1994-10-27
LANGRIDGE, Robert Edward Secretary 2004-08-16 2007-02-26
LEESE, Michael George Secretary 2001-07-26 2004-01-30
MAC LEAN, Victoria Ann Secretary 2014-03-20 2020-07-24
NAISHLOSS, Allison Secretary 2004-01-21 2004-08-20
PITT, David William Secretary 1999-11-01 1999-11-09
ROBERTS, Claire Louise Secretary 2020-04-01 2025-07-24
SPRINGALL, Keith John Secretary 1999-11-09 2001-07-25
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1994-10-27 1994-10-27
AKANJI, Abimbola Olakekan Olukayode Director 2015-01-20 2018-01-31
ANDERSSON, Lena Maria Director 2015-11-23 2019-12-19
BABKA, Jefferey Allen Director 2003-12-01 2004-04-30
BARTELS, John Director 1995-12-01 1997-11-21
BENNETT, Andrew Peter Director 2019-12-20 2020-05-20
BOLIN, Richard Bret Director 2007-02-26 2009-07-14
BRUNK, Olof David Director 2018-09-24 2019-12-19
BURKETT, Vincent Lee Director 2008-01-31 2012-02-23
CARPENTER, Stephen Rayner Director 2011-08-11 2012-02-23
COMER, Mark Director 2007-02-26 2007-09-28
DRAKE, Christopher Stephen Director 2024-10-01 2025-03-13
DUKAT, Gregory John Director 2004-03-15 2008-01-31
FITZGIBBONS, James William Director 2011-08-11 2012-04-30
FUNNELL, Ian Grant Director 2015-11-23 2022-07-31
GREGORY, Trevor John Director 2014-03-27 2016-12-31
HENN, Patrick Michael Director 2005-10-13 2007-02-26
HIGHLAND, J Michael Director 2001-03-01 2002-03-31
HUFFAKER, Craig Jackson Director 1994-10-27 1995-11-20
KHAN, Salimuddin, Dr Director 2010-06-01 2011-08-11
KING, John Michael Director 2000-06-12 2003-10-20
LANE, Christopher Ronald Director 1994-10-27 1998-10-30
LEESE, Michael George Director 2001-07-26 2004-01-30
MONTGOMERY, Henry Close Director 2000-05-24 2001-06-18
MYATT, Andrew James Director 2019-12-20 2022-07-13
PARKER, Dean Director 2000-04-06 2000-10-10
PITT, David William Director 1994-10-29 2000-08-07
POULTER, Alwyn Benjamin Director 2024-10-01 2025-03-13
PRICE, Deane Speer Director 2009-07-14 2011-01-21
ROBERTS, Claire Louise Director 2022-07-13 2025-07-24
SISKOWSKI, Frank Director 1997-12-19 1998-07-31
SPRINGALL, Keith John Director 2000-01-14 2001-07-25
STALDER, Daniel Director 2012-08-20 2015-01-19
THISTLEWOOD, Jon Howard Director 2003-10-20 2007-02-26
VOUILLE, Michel Director 2001-07-01 2004-09-30
WARREN, Leigh Director 2012-04-20 2012-07-20
WILLIAMS, Thomas Wakefield Director 2004-10-01 2005-08-12
INSTANT COMPANIES LIMITED Corporate Nominee Director 1994-10-27 1994-10-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Hitachi, Ltd. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-07-21 Active
Abb Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-07-17 Ceased 2020-07-21
Abb Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-07-17

Filing timeline

Last 20 of 218 total filings

Date Type Category Description
2026-02-25 AP01 officers Appoint person director company with name date PDF
2026-01-28 AP03 officers Appoint person secretary company with name date PDF
2025-07-24 TM01 officers Termination director company with name termination date PDF
2025-07-24 TM02 officers Termination secretary company with name termination date PDF
2025-07-11 AA accounts Accounts with accounts type full
2025-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-17 TM01 officers Termination director company with name termination date PDF
2025-03-17 TM01 officers Termination director company with name termination date PDF
2025-02-03 AP01 officers Appoint person director company with name date PDF
2025-02-03 AP01 officers Appoint person director company with name date PDF
2024-10-01 AP01 officers Appoint person director company with name date PDF
2024-10-01 AP01 officers Appoint person director company with name date PDF
2024-09-15 AD01 address Change registered office address company with date old address new address PDF
2024-08-20 AA accounts Accounts with accounts type full
2024-07-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-28 AA accounts Accounts with accounts type full
2023-07-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-10 AA accounts Accounts with accounts type full
2022-07-31 TM01 officers Termination director company with name termination date PDF
2022-07-26 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page