GLOBAL SWITCH LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-18 (this month)
Last made up 2025-05-04
Watchouts
None on the register
Cash
£178M
+3,838% vs 2023
Net assets
£3B
+3.3% vs 2023
Employees
124
+20.4% vs 2023
Profit before tax
£94M
-7% vs 2023
Name history
Renamed 2 times since incorporation
- GLOBAL SWITCH LIMITED 2009-06-10 → present
- DATA CENTRE INVESTMENTS LIMITED 2007-05-17 → 2009-06-10
- 3532ND SINGLE MEMBER SHELF TRADING COMPANY LIMITED 2007-05-04 → 2007-05-17
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £13,836,000 | £14,671,000 | |
| Operating profit | -£13,396,000 | -£11,474,000 | |
| Profit before tax | £101,345,000 | £94,241,000 | |
| Net profit | £101,281,000 | £90,689,000 | |
| Cash | £4,516,000 | £177,841,000 | |
| Total assets less current liabilities | £2,849,151,000 | £2,935,370,000 | |
| Net assets | £2,786,945,000 | £2,877,634,000 | |
| Equity | £2,786,945,000 | £2,877,634,000 | |
| Average employees | 103 | 124 | |
| Wages | £13,698,000 | £10,026,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -96.8% | -78.2% | |
| Net margin | 732.0% | 618.2% | |
| Return on capital employed | -0.5% | -0.4% | |
| Gearing (liabilities / total assets) | 48.3% | 41.9% | |
| Current ratio | 0.84x | 1.05x | |
| Interest cover | -0.25x | -0.21x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The parent company, Global Switch Holdings Limited ("GSHL"), has confirmed its continued financial support to ensure that the Company continues to meet its obligations as they fall due. Thus, they continue to adopt the going concern basis in preparing the audited financial statements.”
Group structure
- GLOBAL SWITCH LIMITED · parent
- Global Switch Estates 1 Limited 100%
- Global Switch Estates 2 Limited 100%
- Global Switch (London) Limited 100%
- Global Switch Finance B.V. 100%
- Funeven Limited 33%
- GS (NA) Holdings N.V. 100%
Significant events
- “On 14 April 2025, the Company undertook a restructuring whereby Global Switch Limited has agreed to sell and transfer to Global Switch Holdings UK Limited the ordinary share of Global Switch Estates 1 Limited and Global Switch Estates 2 Limited. Both parties of the transaction are subsidiaries of Global Switch Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD, Jonathan Christopher | Director | 2026-05-07 | Jan 1973 | British |
| DOMENEY, Peter William | Director | 2024-11-19 | Dec 1968 | British |
| MULDOON, Ashley Thomas Edward | Director | 2023-04-12 | Nov 1971 | Australian,British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENJAMIN, Anne | Secretary | 2008-03-31 | 2019-07-12 |
| SISEC LIMITED | Corporate Secretary | 2007-05-04 | 2008-03-31 |
| COLLINS, William Richard | Director | 2007-05-23 | 2016-08-19 |
| CORCORAN, John Anthony | Director | 2014-11-07 | 2024-01-01 |
| CORCORAN, John Anthony | Director | 2007-05-23 | 2007-10-15 |
| DOYLE, David Colin | Director | 2016-12-21 | 2026-03-16 |
| EATON, Adam Michael | Director | 2023-04-12 | 2025-12-08 |
| HOWARD OF LYMPNE, Michael, Rt Hon | Director | 2010-11-23 | 2013-12-30 |
| O'DRISCOLL, Patrick Colin | Director | 2008-08-29 | 2016-12-21 |
| ROWSON, Richard James Christopher | Director | 2009-07-10 | 2013-06-07 |
| LOVITING LIMITED | Corporate Director | 2007-05-04 | 2007-05-23 |
| SERJEANTS'INN NOMINEES LIMITED | Corporate Director | 2007-05-04 | 2007-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Global Switch Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-05 | Active |
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-12 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-14 | AA | accounts | Accounts with accounts type full | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-04 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-28 | CH01 | officers | Change person director company with change date | |
| 2023-04-28 | CH01 | officers | Change person director company with change date | |
| 2023-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-20 | AA | accounts | Accounts with accounts type full | |
| 2022-05-18 | CH01 | officers | Change person director company with change date | |
| 2022-05-17 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6%
£13,836,000 £14,671,000
-
Cash
+3,838%
£4,516,000 £177,841,000
-
Net assets
+3.3%
£2,786,945,000 £2,877,634,000
-
Employees
+20.4%
103 124
-
Operating profit
+14.3%
-£13,396,000 -£11,474,000
-
Profit before tax
-7%
£101,345,000 £94,241,000
-
Wages
-26.8%
£13,698,000 £10,026,000
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