OWNCOMPANY UK LIMITED

• ⚠

  Material uncertainty over going concern

  As a result of the intention to liquidate the entity the financial statements have been prepared on a basis other than that of going concern. This basis includes, where applicable, writing the Company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Auditor

Nortons Assurance Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As a result of the intention to liquidate the entity the financial statements have been prepared on a basis other than that of going concern. This basis includes, where applicable, writing the Company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.”

Significant events

• “On November 18, 2024, Salesforce Inc. completed its acquisition of Own Data Company Ltd. and all its subsidiaries including OwnCompany UK Limited for $1.9 billion net of the value of the approximately 10% of outstanding shares currently owned by Salesforce. On 6 January 2025 ownership of the Company was transferred to Salesforce UK limited, which became the immediate parent Company. Subsequently, on 1 February 2025, certain assets of the Company were sold to Salesforce UK Limited and all UK employees were transferred to that company. The French branch will be wound up and the directors plan to liquidate the Company once all remaining obligations are settled.”
• “Subsequent to the year end, the Company received a number of claims from former employees of the French branch following terminations in February and May 2025. The Company is defending its position, however, management have estimated the claim to be between EUR 1.96m and EUR 5.24m and believe that a cash payment to settle these claims is likely.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +30.9%

  £25,072,743 → £32,822,853

  highest in 4 filed years

• Cash

  -71.8%

  £2,136,206 → £602,177

• Net assets

  +51%

  £2,632,180 → £3,975,420

  highest in 6 filed years

• Employees

  -12.6%

  119 → 104

• Operating profit

  +29.3%

  £1,195,473 → £1,546,041

  highest in 4 filed years

• Profit before tax

  +29.3%

  £1,195,617 → £1,546,200

  highest in 4 filed years

• Wages

  +42.6%

  £13,725,081 → £19,571,970

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers