UK Companies House feature
HEXAWARE TECHNOLOGIES UK LIMITED
Cash
£5M
-79.2% vs 2020
Net assets
£10M
+39.7% vs 2020
Employees
284
+22.4% vs 2020
Profit before tax
£4M
+31.9% vs 2020
Profile
- Company number
- 03647007
- Status
- Active
- Incorporation
- 1998-10-09
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Profit before tax
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £75,594,369 | £101,338,585 | |
| Operating profit | — | — | £2,843,918 | £3,560,863 | |
| Profit before tax | — | — | £2,846,392 | £3,754,089 | |
| Net profit | — | — | £2,322,892 | £2,898,409 | |
| Cash | — | — | £22,278,423 | £4,633,644 | |
| Total assets less current liabilities | — | — | £7,303,982 | £10,202,391 | |
| Net assets | — | — | — | — | |
| Equity | £4,559,736 | £4,981,090 | £7,303,982 | £10,202,391 | |
| Average employees | — | — | 232 | 284 | |
| Wages | — | — | £17,188,755 | £25,039,431 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- 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.”
Subsidiaries
- Hexaware Technologies Belgium SRL · 100% held · Belgium · Software development and IT consultancy services
- Hexaware Technologies ARG SAS · 100% held · Argentina · Software development and IT consultancy services
- Hexaware Technologies South Africa Pty Ltd · 100% held · South Africa · Software development and IT consultancy services
Significant events
- “Revenue for the year amounted to £140,364,731 a decrease of 5% from 2023 (2023: +10.79%).”
- “The decline in reported revenue was due to softness in demand across certain top 5 clients and movement of contracting for certain customers to the Belgian subsidiary of the Company.”
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
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| IYER, Parameshwaran | Director | 2023-06-23 | Feb 1976 | British |
| KUTHOKATHEN, Augustine | Director | 2024-01-25 | Jun 1969 | British |
| SINGH, Amrinder | Director | 2013-12-02 | Sep 1974 | Indian |
| VASANTH KUMAR, Shreyas Chakravarthy | Director | 2025-09-10 | Jul 1980 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SIVAKUMAR, Shashank | Secretary | 2022-04-01 | 2025-03-20 |
| SURYA, Sunil | Secretary | 1998-10-09 | 2008-03-25 |
| VISVANATHAN, Ramesh | Secretary | 2008-03-25 | 2022-04-01 |
| ACCESS REGISTRARS LIMITED | Corporate Nominee Secretary | 1998-10-09 | 1998-10-09 |
| CHANDRASEKAR, Peruvemba Ramachandran | Director | 2010-07-01 | 2018-12-20 |
| NATRAJAN, Ganesh | Director | 1998-10-09 | 2001-06-11 |
| NISHAR, Alka | Director | 2004-01-01 | 2013-04-01 |
| NISHAR, Atul | Director | 2001-06-11 | 2015-07-09 |
| RAMAKARTHIKEYAN, Srikrishna | Director | 2015-10-21 | 2025-08-25 |
| SESHADRI, Venkata Ramanan | Director | 2010-07-01 | 2013-11-30 |
| SIVAKUMAR, Shashank | Director | 2024-01-25 | 2025-03-20 |
| SURYA, Sunil | Director | 1998-10-09 | 2010-09-07 |
| ACCESS NOMINEES LIMITED | Corporate Nominee Director | 1998-10-09 | 1998-10-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jean Eric Salata Rothleder | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2020-01-01 |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-16 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2025-10-15 | CH01 | officers | change person director company with change date |
| 2025-10-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-23 | AP01 | officers | appoint person director company with name date |
| 2025-09-22 | TM01 | officers | termination director company with name termination date |
| 2025-08-11 | AA | accounts | accounts with accounts type full |
| 2025-03-21 | TM01 | officers | termination director company with name termination date |
| 2025-03-21 | TM02 | officers | termination secretary company with name termination date |
| 2025-02-24 | AD01 | address | change registered office address company with date old address new address |
| 2025-02-24 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-15 | CH01 | officers | change person director company with change date |
| 2024-07-12 | AA | accounts | accounts with accounts type full |
| 2024-02-22 | AP01 | officers | appoint person director company with name date |
| 2024-02-22 | AP01 | officers | appoint person director company with name date |
| 2024-02-22 | AD01 | address | change registered office address company with date old address new address |
| 2023-12-23 | CH01 | officers | change person director company with change date |
| 2023-10-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-31 | AA | accounts | accounts with accounts type full |
| 2023-06-25 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory