NOKIA UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-13 (in 9mo)
Last made up 2026-01-30
Watchouts
None on the register
Cash
£652K
-54.7% vs 2023
Net assets
£331M
+10.1% vs 2023
Employees
879
-6.5% vs 2023
Profit before tax
£18M
-0.4% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £448,990,000 | £384,263,000 | |
| Operating profit | £17,084,000 | £14,661,000 | |
| Profit before tax | £18,540,000 | £18,474,000 | |
| Net profit | £10,864,000 | £12,299,000 | |
| Cash | £1,438,000 | £652,000 | |
| Total assets less current liabilities | £343,042,000 | £377,031,000 | |
| Net assets | £300,831,000 | £331,237,000 | |
| Equity | £300,831,000 | £331,237,000 | |
| Average employees | 940 | 879 | |
| Wages | £103,647,000 | £105,480,000 | |
| Directors' remuneration | £618,000 | £554,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.4%
£448,990,000 £384,263,000
-
Cash
-54.7%
£1,438,000 £652,000
-
Net assets
+10.1%
£300,831,000 £331,237,000
-
Employees
-6.5%
940 879
-
Operating profit
-14.2%
£17,084,000 £14,661,000
-
Profit before tax
-0.4%
£18,540,000 £18,474,000
-
Wages
+1.8%
£103,647,000 £105,480,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.8% | 3.8% | |
| Net margin | 2.4% | 3.2% | |
| Return on capital employed | 5.0% | 3.9% | |
| Current ratio | 1.31x | 1.44x | |
| Interest cover | 132.43x | 162.90x |
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.
Name history
Renamed 4 times since incorporation
- NOKIA UK LIMITED 2017-10-02 → present
- ALCATEL-LUCENT TELECOM LIMITED 2007-02-27 → 2017-10-02
- ALCATEL TELECOM LIMITED 1996-12-31 → 2007-02-27
- ALCATEL BUSINESS SYSTEMS LIMITED 1992-01-08 → 1996-12-31
- MOTIVETREND LIMITED 1991-10-02 → 1992-01-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has, in the opinion of the directors, sufficient financial resources to manage its financial risks successfully for the foreseeable future, for a period of at least twelve months from the date of approval of the financial statements. Nokia Corporation, the ultimate parent company, has provided a letter of support confirming this and therefore the company continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- NOKIA UK LIMITED · parent
- Nokia Software UK Limited 1%
Significant events
- “The directors do not believe there are any post balance sheet events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALEXANDER, Paul David Low | Director | 2024-10-31 | Aug 1972 | British |
| FOSTER, Trevor Dryden | Director | 2021-06-17 | Aug 1970 | British |
| WALLBERG, Scott Ashley | Director | 2024-02-05 | May 1988 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COUZENS, Martin Alan | Secretary | 2002-04-15 | 2003-11-14 |
| MARTIN, Stanley Lawrence | Secretary | — | 2002-04-15 |
| SADIQ, Liaqat Ali | Secretary | 2003-11-14 | 2014-08-21 |
| AHMED, Tahir | Director | 2005-02-11 | 2018-02-04 |
| ANDERSON, Julie Anne | Director | 2010-03-29 | 2013-03-27 |
| BAKER, John William | Director | 1997-06-30 | 2002-05-31 |
| BANTOFT, Christopher | Director | — | 1993-12-24 |
| BLAND, Christopher, Sir | Director | 2011-09-21 | 2013-03-27 |
| BRAMBILLA, Laura | Director | 2014-03-01 | 2016-10-17 |
| CLARK, Patrick Thomas | Director | 2008-02-15 | 2010-06-18 |
| COUZENS, Martin Alan | Director | 1994-03-25 | 2004-04-30 |
| CREAU, Pierre | Director | 1995-05-26 | 1995-12-29 |
| DAUB, Hans-Joerg Joerg | Director | 2018-02-28 | 2020-08-17 |
| DAVIES, Richard Llewelyn, Dr | Director | 2013-04-26 | 2018-04-17 |
| DE WILDE, Julien | Director | 1997-06-30 | 1999-10-18 |
| DIMES, Lucy Rebecca | Director | 2011-05-20 | 2013-07-01 |
| ELLIOTT, Michelle | Director | 2020-08-17 | 2021-06-17 |
| ENGLISH, William Stengler | Director | — | 1994-03-25 |
| GARIN, Hugues | Director | — | 1995-12-29 |
| GERRESE, Johan | Director | 2010-09-30 | 2013-04-26 |
| GIBBS, Howard | Director | 1995-12-29 | 1996-12-11 |
| GRIMES, Kristian Edward | Director | 2013-04-26 | 2018-02-28 |
| GRIMES, Kristian Edward | Director | 2010-06-18 | 2010-09-30 |
| HORNE, Nigel, Dr | Director | — | 2000-10-31 |
| JANSSENS, Paul Marie Edmond | Director | 1995-12-29 | 1997-06-30 |
| JEMMETT, Lakh | Director | 2010-03-29 | 2011-05-20 |
| KELLER, Timothy | Director | 2010-03-29 | 2010-09-30 |
| LECLERC, Jean Yves | Director | — | 1996-01-04 |
| LENG, Raymond | Director | 1997-06-30 | 2000-12-31 |
| LEWIS, David Andrew | Director | 2001-01-09 | 2004-11-24 |
| LORIA, Giovanni | Director | 2010-03-29 | 2013-12-31 |
| MATTHEWS, Charles Howard | Director | 2002-01-01 | 2003-11-14 |
| MINSHULL, Edward Peter | Director | 2000-08-16 | 2001-06-15 |
| POLLE, Raymond | Director | 1999-10-22 | 2001-01-08 |
| SADIQ, Liaqat Ali | Director | 2004-10-13 | 2014-08-21 |
| SALVAGE, James Lloyd | Director | 1997-06-30 | 2000-10-30 |
| SIVETER, Philip Gordon | Director | 2021-01-01 | 2024-09-30 |
| STRUBBE, Rudi | Director | 2003-11-14 | 2008-02-15 |
| TASSOPOULOU, Ioli | Director | 2023-01-30 | 2024-02-05 |
| TASSOPOULOU, Ioli | Director | 2020-12-14 | 2021-12-21 |
| TASSOPOULOU, Ioli | Director | 2018-02-28 | 2020-02-05 |
| THOMPSON, Stephen | Director | 2008-02-15 | 2008-07-10 |
| VOSSKAMP, Andreas | Director | 2010-09-30 | 2017-06-30 |
| WALLBERG, Scott Ashley | Director | 2021-12-21 | 2023-01-30 |
| WALLBERG, Scott Ashley | Director | 2020-02-05 | 2020-12-14 |
| WAUTERS, Dirk Modest Luc Marie | Director | 1995-12-29 | 1997-06-30 |
| WHELAN, Cormac Vincent | Director | 2014-03-01 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nokia Oyj | Corporate entity | Significant influence | 2017-10-01 | Active |
| Alcatel-Lucent Uk Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2017-10-01 |
Filing timeline
Last 20 of 261 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-23 | AA | accounts | Accounts with accounts type full | |
| 2022-03-30 | AA | accounts | Accounts with accounts type full | |
| 2022-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.