DEVOTEAM UK LTD

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

Consolidated group

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above considerations, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of not less than 12 months from the date of approval of these financial statements. Thus they conclude that there is no material uncertainty over the Company's ability to continue as a going concern and continue to adopt the going concern basis of accounting in the preparation of the financial statements. In reaching this conclusion; the directors have made enquiries of the parent company and received a letter from the parent company which confirms the parent's intention to continue to provide the financial and non-financial support which this company and group may require. While the letter confirms only the current intention of the parent company, the directors have no reason to believe any such support, if it is required, will not be received.”

Group structure

1. DEVOTEAM UK LTD · parent
   1. Ubertas Consulting Limited 84% · London

Significant events

• “On 1st July 2024 Devoteam UK Ltd acquired 84% of the issued share capital of Ubertas Consulting Limited for total consideration of £13,261,011.”

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

Filings

5

last 12 months

Capital events

0

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

  +19.3%

  £27,129,235 → £32,369,561

  highest in 4 filed years

• Cash

  -36.9%

  £2,896,230 → £1,827,222

• Net assets

  -17.4%

  £4,336,695 → £3,581,202

• Employees

  -22.2%

  126 → 98

• Operating profit

  -156.2%

  £887,177 → -£498,604

  lowest in 4 filed years

• Profit before tax

  -200.7%

  £861,994 → -£868,284

  lowest in 4 filed years

• Wages

  -17.5%

  £9,925,170 → £8,192,202

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