EQUINIX (UK) LIMITED

1. EQUINIX (UK) LIMITED 2007-09-17 → present
2. INTERCONNECT EXCHANGE EUROPE LIMITED 1998-11-18 → 2007-09-17

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On 31 December 2024, the Company is in a net current liabilities position of £40,776 thousands (2023: net current assets £85,558 thousands) and net assets position of £443,019 thousands (2023: £418,553 thousands). The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Company should be able to operate within the level of its current cash reserves and intra-group borrowings. After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The company has been provided with two interest-free loans to manage its long- and short-term credit needs. The ultimate parent company has also provided a letter of support to ensure they will not request the repayment of the loans in the next 12 months from the date of the authorisation of the financial statements. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. EQUINIX (UK) LIMITED · parent
   1. Equinix (UK) Enterprises Limited 100% · England · Provision of neutral data centre and hosting services
   2. Harbour Exchange Propco Limited 100% · England · Provision of neutral data centre and hosting services

Significant events

• “In February 2024, the Company completed the transfer of the principal asset of Harbour Exchange Propco Limited, comprising land and buildings with a carrying amount of approximately £176 million. As part of the transaction, the intercompany lease was terminated, resulting in the derecognition of the associated right-of-use asset and lease liability. The lease liability of £110 million and right-of-use asset of £85 million were extinguished simultaneously with the transfer of the property, with the difference applied as a reduction in the carrying amount of the acquired asset. The transfer occurred shortly after the initial acquisition and was structured such that the intercompany loan balance of £108 million was deemed settled, and the carrying amount of its investment in Harbour Exchange Propco Limited was reduced by £68 million through a return of capital distribution, fully reducing the carrying value of the Company's investment in Harbour Exchange Propco Limited to nil. No cash consideration was exchanged as part of this transfer.”
• “On September 12th, 2024 the UK announced that datacentres are now classified as Critical National Infrastructure which gives Equinix a range of benefits and a result competitive edge: Crisis benefits such as priority access to fuel and exemptions from rolling blackouts; "Essential worker" status for datacentre staff; Government supported leverage over third party dependencies (e.g. network cable operators); Priority access to permitting and power; Streamlined permitting and power procedures; Access to public sector procurement.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +1.4%

  £648,855,000 → £657,806,000

• Cash

  -97.5%

  £28,354,000 → £715,000

• Net assets

  +5.8%

  £418,553,000 → £443,019,000

• Employees

  +5.1%

  415 → 436

• Operating profit

  -3.1%

  £55,241,000 → £53,546,000

• Profit before tax

  -8.1%

  £28,911,000 → £26,572,000

• Wages

  +3.4%

  £33,095,000 → £34,206,000

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