HINDUJA GLOBAL SOLUTIONS UK LIMITED

• ◆

  4 officer resignations in last 12 months

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

1. HINDUJA GLOBAL SOLUTIONS UK LIMITED 2012-06-11 → present
2. CARELINE SERVICES LIMITED 1997-11-13 → 2012-06-11
3. DRIVECARE UK LIMITED 1995-10-31 → 1997-11-13
4. LIGHTNOVEL LIMITED 1995-02-02 → 1995-10-31

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

PBG Associates Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which forecasts that the Company will have sufficient liquidity to meet its financial obligations for a period of at least 12 months from the date of this financial report. A consolidated liquidity forecast, at the level of Hinduja Global Solutions UK Limited (the parent holding company) including entity level analysis, has been prepared for a period of more than 12 months from the date of approval of these financial statements. The forecast indicates that whilst taking into account reasonable downsides, sufficient funds are expected to be generated within the Company so as to meet the liabilities of the Company as they fall due, and in addition the directors have received assurances that, if required Hinduja Global Solutions Limited will guarantee amounts receivable from group entities.”

Group structure

1. HINDUJA GLOBAL SOLUTIONS UK LIMITED · parent
   1. HGS Colombia SAS 100% · Colombia
   2. Falcon Health Solutions Puerto Rico Holding LLC 100%

Significant events

• “On 14 February 2024, company issued guarantee of $ 45 Mn to Barclays Bank PLC regarding the sale of Health care business by group company, for a period of 36 months which serves as an indemnification for potential future litigation relating to such sale.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -23.4%

  £69,213,256 → £53,006,111

• Cash

  -37.5%

  £19,652,203 → £12,281,734

• Net assets

  +0.7%

  £121,687,169 → £122,518,910

• Employees

  -28.8%

  1,385 → 986

• Operating profit

  -522%

  -£681,952 → -£4,242,019

• Profit before tax

  -97.7%

  £52,844,325 → £1,223,889

• Wages

  -21.7%

  £52,643,884 → £41,198,880

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