UK Companies House feature
LUXOFT FINANCIAL SERVICES UK LIMITED
Cash
£5M
+3.7% vs 2021
Net assets
£14M
-3.9% vs 2021
Employees
156
-11.4% vs 2021
Profit before tax
£9M
+10.9% vs 2021
Profile
- Company number
- 04239587
- Status
- Active
- Incorporation
- 2001-06-22
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2022-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2022-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £55,486,677 | — | £57,962,565 | £65,494,736 | |
| Operating profit | — | £2,449,609 | — | £6,781,273 | £8,668,902 | |
| Profit before tax | — | £2,441,452 | — | £7,816,509 | £8,669,305 | |
| Net profit | — | £2,102,518 | — | £7,158,243 | £7,384,221 | |
| Cash | — | £1,913,773 | — | £4,793,571 | £4,970,465 | |
| Total assets less current liabilities | — | £7,198,655 | — | £14,720,910 | £14,148,886 | |
| Net assets | — | £7,099,144 | — | £14,720,910 | £14,148,886 | |
| Equity | £4,704,983 | £7,099,144 | £7,099,144 | £14,720,910 | £14,148,886 | |
| Average employees | — | 190 | — | 176 | 156 | |
| Wages | — | £19,884,976 | — | £16,671,316 | £16,312,919 |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Price Bailey 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
- Luxoft Canada Limited · 50% held · Canada
Significant events
- “Luxoft had a successful year due to ongoing demand for its services, which were mostly delivered jointly by its UK and offshore facilities. The existing customer base has provided a solid foundation for a sustainable year on year revenue performance.”
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
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAYER, Hannah | Secretary | 2026-02-27 | — | — |
| DONALDSON, Jeremy Andrew | Director | 2025-08-01 | Feb 1963 | Canadian |
| WOODFINE, Michael Charles | Director | 2026-02-27 | Dec 1971 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FEELY, Michael Andrew | Secretary | 2013-08-15 | 2014-08-11 |
| GRANT, Robert Daniel | Secretary | 2014-08-08 | 2015-02-18 |
| GRANT, Robert Daniel | Secretary | 2001-06-22 | 2013-08-15 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-06-22 | 2001-06-22 |
| FEELY, Michael Andrew | Director | 2013-02-19 | 2015-02-18 |
| FRIEDLAND, Michael | Director | 2015-02-18 | 2018-05-01 |
| GRANT, Margarita Maria | Director | 2012-09-03 | 2015-02-18 |
| GRANT, Robert Daniel | Director | 2004-07-01 | 2014-08-08 |
| GRANT, Stephen Gary | Director | 2001-06-22 | 2015-02-18 |
| GRUZDEV, Ilia | Director | 2023-09-29 | 2025-07-31 |
| KAUZOV, Grigory | Director | 2018-04-24 | 2019-04-24 |
| KING, John Michael | Director | 2001-06-22 | 2003-01-30 |
| MARSHALL, Adrian | Director | 2001-06-22 | 2015-02-18 |
| NEWSUM, Richard Nevin | Director | 2010-08-23 | 2012-05-22 |
| RECHNIC, Grant Laurence | Director | 2001-06-22 | 2003-10-03 |
| SOULSBY, James Andrew | Director | 2019-04-24 | 2026-01-22 |
| STOCKDALE, Desmond | Director | 2001-06-22 | 2003-01-30 |
| WARD, Jeremy Peter | Director | 2006-11-30 | 2015-02-18 |
| ZIABKINA, Natasha | Director | 2019-04-24 | 2023-09-29 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-06-22 | 2001-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dxc Technology Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm | 2019-06-11 | Ceased 2019-06-11 |
| Dxc Uk International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-11 | Active |
| Luxoft Global Operations Gmbh | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-06-10 |
| Luxoft Holding, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 175 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-02 | AP01 | officers | appoint person director company with name date |
| 2026-02-27 | AP03 | officers | appoint person secretary company with name date |
| 2026-02-02 | TM01 | officers | termination director company with name termination date |
| 2025-12-22 | AA | accounts | accounts with accounts type full |
| 2025-08-29 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-08-04 | AP01 | officers | appoint person director company with name date |
| 2025-08-01 | TM01 | officers | termination director company with name termination date |
| 2025-07-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-01 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-19 | AA | accounts | accounts with accounts type full |
| 2024-07-26 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-07-26 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-06-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-11 | AA | accounts | accounts with accounts type full |
| 2023-11-17 | CH01 | officers | change person director company with change date |
| 2023-09-29 | AP01 | officers | appoint person director company with name date |
| 2023-09-29 | TM01 | officers | termination director company with name termination date |
| 2023-06-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-08 | CH01 | officers | change person director company with change date |
| 2023-01-12 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ (private-firm) · reference 2022-03-31
8.55
SAFE
Altman Z″
- Working capital / Total assets 0.626 × 6.56 = +4.11
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.389 × 6.72 = +2.62
- Book equity / Total liabilities 1.743 × 1.05 = +1.83
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory