ENSONO LIMITED

Company number

03276974

Status

Active

Incorporation

1996-11-12

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

62020

Hubs

UK AI & Enterprise SaaS

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company recorded a loss after tax of £16.8 (2023 - £21.8m) and has net liabilities of £2.4m (net assets in 2023: £14.3m) at the balance sheet date. The company's parent undertaking, Ensono Inc. has provided confirmation that it will provide financial support to the company, if required, for a period of twelve months from the date of approval of the accounts, which is the going concern period as defined by the directors. In assessing the ability of the directors to rely on this support they have considered the future cash flows, growth rates and the level of committed facilities available at the group level to support liquidity. Taking into account the support from Ensono Inc., the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the going concern period. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Subsidiaries

• Ensono GmbH · 100% held · Hybrid IT infrastructure provider
• Ensono Technologies LLP · 99.99% held · Hybrid IT infrastructure labour provider
• Ensono Digital Limited · 100% held · Delivery of digital transformation consultancy and services
• Ensono Technologies GmbH · 100% held · Delivery of IT managed services including mainframe, private and public cloud platforms, hybrid infrastructure and consultancy

Significant events

• “In June 2023 the Company did not renew its lease on its Lennox Wood data centre, consolidating the Company's data centre footprint and improving its energy efficiency.”
• “The Directors of the Company and the senior management of the Ensono group approved a restructuring to simplify the organisational structure. This resulted in a change in ownership whereby the Company is now a direct subsidiary of Ensono OpCo Holdings Ltd. after the elimination of Amphora Acquisitions.”
• “In 2024, the Company entered a consultation process with employees and reduced the number of roles within the company. The consultation was concluded during the year at a cost of £210,000 affecting a total of 9 employees. The intention is to improve profitability in the future by having employee volumes and technical skills which are aligned to the revenue generated by the Company. The change will result in a reduction in staff costs of approximately £812,000 per annum.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers