OPEN TEXT UK LIMITED

1. OPEN TEXT UK LIMITED 1996-03-26 → present
2. 3050TH SINGLE MEMBER SHELF TRADING COMPANY LIMITED 1996-01-18 → 1996-03-26

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements. For this reason they continue to adopt, and to consider appropriate, the going concern basis in preparing the Company's financial statements. The Company's ultimate parent, Open Text Corporation, has indicated its intention to continue to provide financial support and not seek repayment of balances due for a period of at least twelve months from the date of approval of these financial statements to enable the Company to meet its liabilities as and when they fall due and enable it to continue in operational existence for the foreseeable future.”

Group structure

1. OPEN TEXT UK LIMITED · parent
   1. EasyLink Services International Limited 100% · England and Wales
   2. Webroot Services Limited 100% · England and Wales
   3. Open Text Saudi Arabia LLC 95% · Saudi Arabia
   4. Carbonite (UK) Limited 100% · England and Wales
   5. AppRiver UK Limited 100% · England and Wales
   6. GXS UK Holding Limited 100% · England and Wales
   7. GXS Limited 100% · England and Wales
   8. Acquisition U.K. Limited 100% · England and Wales

Significant events

• “On 15 September 2023, the Company acquired the shares of AppRiver UK Limited, another company within the OpenText Group, for a purchase price of $15,928,000 converted to £12,970,788.”
• “On 3 October 2023, AppRiver UK Limited sold its trade and net assets to the Company in exchange for an interest free loan equivalent to $15,928,000 converted to £12,970,788.”
• “On 1 April 2024, the Company transferred the trade and net assets of Application Modernization and Connectivity (AMC), a strategic business unit of the Company, to Connectivity Software (UK) Limited, in exchange for the issuance of an on-demand interest-bearing loan note.”
• “A goodwill impairment arising from the acquisition of the trade and net assets of AppRiver UK Limited occurred during the year.”
• “On 1 October 2022, the Company acquired specified customer contracts from Webroot International Limited with a purchase price of £1,669,955.”
• “On 1 October 2022, the Company acquired specified customer contracts from Carbonite GmbH with a purchase price of £733,763.”

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

0

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.

• Turnover

  -4.4%

  £116,898,977 → £111,791,816

• Cash

  -18%

  £171,315,473 → £140,513,004

• Net assets

  -17.4%

  £30,656,954 → £25,330,702

• Employees

  -2.5%

  596 → 581

• Operating profit

  -392.9%

  £2,578,309 → -£7,551,893

• Profit before tax

  -294.3%

  £4,158,568 → -£8,081,789

• Wages

  0%

  £58,503,959 → £58,481,417

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