MELTWATER (UK) LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-09-30.

1. MELTWATER (UK) LIMITED 2010-12-30 → present
2. MELTWATER NEWS UK LTD 2007-03-16 → 2010-12-30
3. MAGENTA NEWS UK LIMITED 2003-03-02 → 2007-03-16
4. NEVRUS (916) LIMITED 2002-10-28 → 2003-03-02

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the reasons below. The principal activity of the company is to provide services primarily in the form of subscription to the Meltwater platform. It is part of a wider group business model by which it relies on the provision of intellectual property from the holding company in US and ultimate parent company in Netherlands to generate cashflows in the UK. There are no expectations that this operational structure will change during the going concern assessment period, being 12 months from the date the financial statements are signed. The company meets its day to day working capital requirements from cash in hand and collecting trade receivable balances which it uses to settle its liabilities as they fall due. The directors have prepared cash flow forecasts and a going concern assessment for the company. The base case cash flow forecast shows a 2% increase in gross revenue for the going concern assessment period from the revenue achieved in 2023. The downside scenario assumes decline of 2% on revenue during the going concern assessment period from the revenue booked during 2023. This decline in % is sensitive, however, with a fall of 7% meaning that the company would require funding from its immediate holding company, Meltwater B.V. to meet its liabilities as they fall due during the going concern assessment period. Meltwater B.V. has indicated its intention to continue to make available such funds as are needed by the company during the going concern assessment period. There can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Meltwater B.V.'s ability to continue to make available such funds is intrinsically linked to the continuation of its current borrowing facility (where all the subsidiaries of the holding company are considered as borrowers) for $100 milllion of which $100 milllion is used on an average at any given point of time with maturity date of September 2026. Subsequent to the year end, on 23 June 2025, this facility has been amended to include a further two loan tranches of $18million and EUR19.6million and the maturity date extended to January 2029. On the basis of the above these financial statements have been prepared on a going concern basis.”

Significant events

• “The company has accounted for two group re-organisations during the year using the merger accounting method. On 31 December 2022, a group reorganisation took place, which resulted in the transfer of intellectual property and trade and assets of Deepreason.Al Ltd to the company. ... On 6 April 2023 there was a further group reorganisation, which resulted in the transfer of the trade and assets of Linkfluence Ltd to the company (see note 24).”
• “The former ultimate parent company, Meltwater N.V., delisted from the Norwegian Stock Exchange on 9 August 2023 as part of a go-private transaction in which Marlin Equity Partners and Altor invested in all shares of Meltwater N.V. through a joint bid vehicle, MW Investment B.V. which became the ultimate parent undertaking from this date.”
• “At the year end the company was a guarantor in respect of a $100 million external credit facility made available to Meltwater BV, the shareholder of the company... Subsequent to the year end on 25 September 2025 the guarantee was extended to cover the additional loan tranches of $18million and EUR19.6million... As at the reporting date, the outstanding amount under the facility was $90,000,000.”
• “On 23 May 2025, the company signed a 6 year lease agreement with £708,398 per annum commitment (excluding service charge and insurance which are based on actuals). There is a break option on the 3rd year anniversary of the rent commencement date i.e. June 2028 with advance notice of no less than 6 months prior.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8.8%

  £24,934,244 → £27,136,470

• Cash

  +0.9%

  £1,066,607 → £1,075,718

• Net assets

  -19.1%

  £5,367,174 → £4,343,884

• Employees

  +1.5%

  137 → 139

• Operating profit

  +221.2%

  -£1,079,769 → £1,309,215

• Profit before tax

  +236.5%

  -£1,015,207 → £1,386,011

• Wages

  +11.3%

  £12,569,791 → £13,994,893

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