AVANADE UK LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

• Turnover

  -2.3%

  £362,817,000 → £354,292,000

• Cash

  —

  Not reported

• Net assets

  -3.3%

  £154,467,000 → £149,420,000

• Employees

  -14.9%

  1,150 → 979

• Operating profit

  +2.4%

  £37,935,000 → £38,843,000

• Profit before tax

  +1.6%

  £39,325,000 → £39,970,000

• Wages

  -9.4%

  £104,398,000 → £94,556,000

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

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Directors continue to adopt the going concern basis in preparing the report and the financial statements.”

Group structure

1. AVANADE UK LIMITED · parent
   1. QuantiQ Group Limited 100% · UK · In liquidation
   2. QuantiQ Technology Limited 100% · UK · In liquidation

Significant events

• “Risks and uncertainties related to the development and use of AI, including advanced AI, could harm our business, damage our reputation or give rise to legal or regulatory action.”
• “The Company has received claims for an employment tribunal lodged in 2024. The Company denies liability, is fully contesting the claims, and is defending the action. The case remains ongoing, and the Tribunal date has been postponed by the court to the next financial year. Accordingly, the matter is still to be resolved. The potential undiscounted amount of the total payments that the Company could be required to make, if there was an adverse decision related to the claim, is estimated to be £375,545 (2024: £375,545).”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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