DELL TECHNOLOGIES DFS HOLDINGS LIMITED

1. DELL TECHNOLOGIES DFS HOLDINGS LIMITED 2023-11-01 → present
2. DELL SYSTEMS (UK) LIMITED 2015-02-09 → 2023-11-01
3. PEROT SYSTEMS (UK) LIMITED 2009-01-12 → 2015-02-09
4. PEROT SYSTEMS TSI (UK) LIMITED 2004-02-10 → 2009-01-12
5. HPS EUROPE LIMITED 1996-10-24 → 2004-02-10

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

PJE Chartered Accountants & Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. DELL TECHNOLOGIES DFS HOLDINGS LIMITED · parent
   1. Dell DFS Holdings L.L.C. 100% · United States

Significant events

• “On 24 October 2023, the board of directors passed a resolution to reduce the company's share capital by £175,001 and reclassify this amount to distributable reserves.”
• “On 27 October 2023, the company declared an interim dividend of £195,700 as part of a restructuring project. This dividend was paid on 2 November 2023.”
• “On 5 December 2023, Dell DFS Corporation made a capital contribution of its shareholding in Dell DFS Group Holdings L.L.C., valued at £38,787,420, to Dell Technologies DFS Holdings Limited.”
• “On 12 December 2023, Dell DFS Corporation made a further capital contribution to the company, consisting of (i) cash equal to the fair market value of Dell DFS Holdings L.L.C., a subsidiary, amounting to £39,047,120 plus £1, in exchange for share capital and share premium.”
• “Also on 12 December 2023, the sole shareholder (Dell DFS Corporation) resolved to reduce the company's share premium account by £39,047,120, and the amount of this reduction was credited to distributable reserves (retained earnings).”
• “On 12 December 2023, Dell DFS Holdings Kft., a Tier 2 subsidiary of the company, made a cash gift of $48,950,000 (equivalent to £39,007,276) to Dell DFS Corporation, the company's parent. This transaction was accounted by the Company as a deemed dividend.”
• “In the UK, the Pillar Two legislation to implement both a domestic and multinational top-up tax was substantively enacted on 20 June 2023. The Dell Technologies Group... falls into the scope of the Pillar Two legislation with effect from 3 February 2024.”

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

Filings

2

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

  —

  Not reported

• Cash

  -38.2%

  £7,667 → £4,740

  lowest in 3 filed years

• Net assets

  0%

  £39,046,787 → £39,042,260

• Employees

  —

  Not reported

• Operating profit

  -102.2%

  £208,302 → -£4,527

  lowest in 3 filed years

• Profit before tax

  -102.2%

  £208,302 → -£4,527

  lowest in 3 filed years

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