SD WORX UK LIMITED

1. SD WORX UK LIMITED 2016-06-22 → present
2. CERIDIAN UK LIMITED 2007-02-15 → 2016-06-22
3. CERIDIAN CENTREFILE LIMITED 2003-06-20 → 2007-02-15
4. CENTREFILE LIMITED 1998-05-21 → 2003-06-20
5. CENTRE-FILE LIMITED 1995-10-02 → 1998-05-21
6. DATACARRER LIMITED 1995-09-08 → 1995-10-02

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

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024, the company had net assets of £25,435,000 and net current assets of £13,744,000. Adequate financial resources exist for the company to continue in operational existence for the foreseeable future. As a subsidiary of the SD Worx Group, SD Worx UK Limited is supported indirectly by SD Worx People Solutions NV. Substantial additional committed borrowing facilities are available. Consolidated positive cash flows have historically allowed the Group to support the operations of all of its subsidiaries. It is currently anticipated that the cash available within the Group as at 31 December 2024, along with projected operating cash flows will support the operations and capital expenditures of all subsidiaries for the foreseeable future, being a period not less than 12 months from the date of signing these financial statements. The directors have a reasonable expectation that the Group and the Company's immediate parent undertaking, SD Worx People Solutions NV, have adequate resources to provide financial support to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual reports and accounts.”

Significant events

• “During 2024, the business continued to invest in the development of its product portfolio to enhance and expand its value proposition, primarily in areas of talent, core payroll functionality, expenses management, user experience and integration.”
• “During 2024 the Company's projects relating to payroll software for SD Worx' UK's domestic market and the development of an international platform (SPARC) that connects various national payroll engines used with global components like the SD Worx Assistant, our workforce management solution Protime and other partner solutions continued according to plan.”
• “The company car policy has now been focused on cars which are more fuel efficient; audio and video conferencing tools have improved and usage has increased; customers are encouraged to take electronic rather than paper based reports and payslips, hence reducing deforestation and physical delivery; SD Worx's own employees only get online payslips with no paper copy available and do expenses management online, reducing time and further reducing paper usage; paper usage is reduced through automatic double-sided printing; marketing materials are sent out electronically; recycling and reuse of water products is implemented at all major locations.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +4.2%

  £50,780,000 → £52,897,000

• Cash

  +35.1%

  £4,712,000 → £6,365,000

• Net assets

  +11.8%

  £22,745,000 → £25,435,000

• Employees

  -2.2%

  453 → 443

• Operating profit

  +151.9%

  £1,896,000 → £4,776,000

• Profit before tax

  +141.5%

  £2,161,000 → £5,218,000

• Wages

  +4.9%

  £22,007,000 → £23,094,000

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