NTT DATA BUSINESS SOLUTIONS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Taken into account the facts and circumstances above, including the base case and downside cash flow forecasts, the Company's balance sheet position as well as its current cash reserves, the Directors are confident that the Company will continue to meet its obligations, settle liabilities as they fall due and continue to operate for at least 12 months from the date of approval of the financial statements and therefore have prepared these financial statements on a going concern basis.”

Group structure

1. NTT DATA BUSINESS SOLUTIONS LIMITED · parent
   1. Weaveability Ltd 100% · UK
   2. Weaveability Hosting Limited 100% · UK
   3. NTT Data Business Solutions Ltd 100% · Ireland
   4. Sapphire Systems Limited 100% · UK
   5. Opal Wave Solutions Limited 100% · UK
   6. Muscovite Topco 100% · UK
   7. Muscovite Bidco 100% · UK
   8. Muscovite Holdco 100% · UK
   9. Muscovite Midco 100% · UK
   10. ITOM Solutions Limited 100% · UK
   11. In Cloud Solutions Ltd 100% · UK
   12. Opal Wave Offshore SARL 100% · Lebanon
   13. Opal Wave Sarl 100% · Lebanon

Significant events

• “The Company acquired the Sapphire Group in November 2023. Subsequently, on the 1st April 2024, the Company entered into a business transfer agreement through which all assets and liabilities of the group were transferred. The effective date of this transfer was the start of the financial year, 1st April 2024, which is also the beginning of the earliest period presented.”
• “In March 2026, the wholly owned subsidiary, Sapphire Systems, resolved to distribute as a dividend a receivable arising from the integration with the Company. On the same date, the Company offset the receivable received against its payable to Sapphire Systems. As a result, both the related investment and the corresponding creditor balance were reduced by £108million.”

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

Filings

8

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.