SITEL SOLUTIONS UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Company is in a net liabilities position and if the parent undertaking is unable to renew the RCF, it may be unable to support the Company financially. These circumstances indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would arise if the Company were unable to continue as a going concern.

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company is in a net liabilities position and if the parent undertaking is unable to renew the RCF, it may be unable to support the Company financially. These circumstances indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would arise if the Company were unable to continue as a going concern.”

Significant events

• “After the year end and following legal advice taken by the Directors it is noted that in the financial statements of the company for the years ended 31 December 2018 to 31 December 2024 inclusive, the company made a non-permissible distribution to other Foundever Group companies within the United Kingdom in respect of group surrendered losses for which no consideration was received. The amount of losses was £14,762,629 and the non-permissible element of the distribution amounted to £3,161,559 being the market value of these losses. The years ended to 31 December 2023 inclusive were corrected for in the year to 31 December 2025 whereby amounts equal to the non-permissible element of the distribution were paid by the recipient of the group surrendered losses. Any further corrective action will be taken in the year to 31 December 2026.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.

• Turnover

  —

  Not reported

• Cash

  -52.9%

  £44,164,355 → £20,782,767

• Net assets

  -24.6%

  -£14,347,261 → -£17,873,613

• Employees

  —

  Not reported

• Operating profit

  +98.1%

  -£590,326 → -£11,269

• Profit before tax

  +9.1%

  -£3,878,294 → -£3,526,352

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