GLOBOFORCE UK LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young, Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“United Kingdom Company law requires the Director to consider whether it is appropriate to prepare the financial statements on the basis that the Company is a going concern. The Company has received written assurance from Globoforce Limited that it will provide financial support to the Company for a period of at least twelve months from the date of approval of these financial statements. On this basis, the Director is satisfied that adequate resources are available to the Company and that it is appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “There are no significant events between 31 December 2024 and the date of approval of these financial statements affecting the Company, which require adjustment to or disclosure in the financial statements.”
• “On 21 March 2023, the Company announced a decision to reduce its overall workforce by approximately 10% through the second quarter of 2023. Severance expense recorded in 2023 relating to the reduction was £69,255.”

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

Filings

2

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

  +22.3%

  £3,242,841 → £3,966,002

• Cash

  +13.7%

  £150,335 → £170,948

• Net assets

  +33.9%

  £574,871 → £769,754

• Employees

  +11.8%

  17 → 19

• Operating profit

  +25.5%

  £207,035 → £259,751

• Profit before tax

  +25.5%

  £207,035 → £259,751

• Wages

  +23.3%

  £2,455,001 → £3,027,315

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