LUXOFT FINANCIAL SERVICES UK LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-06 (in 2mo)
Last made up 2025-06-22
Watchouts
None on the register
Cash
£5M
-1% vs 2024
Net assets
£11M
-21.1% vs 2024
Employees
180
-10.4% vs 2024
Profit before tax
£5M
-33.2% vs 2024
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £55,486,677 | — | £57,962,565 | £65,494,736 | £82,951,242 | £80,722,702 | |
| Operating profit | — | £2,449,609 | — | £6,781,273 | £8,668,902 | £6,776,909 | £4,398,729 | |
| Profit before tax | — | £2,441,452 | — | £7,816,509 | £8,669,305 | £6,876,287 | £4,596,607 | |
| Net profit | — | £2,102,518 | — | £7,158,243 | £7,384,221 | £5,935,077 | £3,619,782 | |
| Cash | — | £1,913,773 | — | £4,793,571 | £4,970,465 | £5,353,310 | £5,297,610 | |
| Total assets less current liabilities | — | £7,198,655 | — | £14,720,910 | £14,148,886 | £14,412,171 | £11,343,490 | |
| Net assets | — | £7,099,144 | — | £14,720,910 | £14,148,886 | £14,386,043 | £11,343,490 | |
| Equity | £4,704,983 | £7,099,144 | £7,099,144 | £14,720,910 | £14,148,886 | £14,386,043 | £11,343,490 | |
| Average employees | — | 190 | — | 176 | 156 | 201 | 180 | |
| Wages | — | £19,884,976 | — | £16,671,316 | £16,312,919 | £20,551,234 | £18,731,543 | |
| Directors' remuneration | — | — | — | — | — | £0 | £0 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-2.7%
£82,951,242 £80,722,702
-
Cash
-1%
£5,353,310 £5,297,610
-
Net assets
-21.1%
£14,386,043 £11,343,490
-
Employees
-10.4%
201 180
-
Operating profit
-35.1%
£6,776,909 £4,398,729
-
Profit before tax
-33.2%
£6,876,287 £4,596,607
-
Wages
-8.9%
£20,551,234 £18,731,543
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 | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.4% | — | 11.7% | 13.2% | 8.2% | 5.4% | |
| Net margin | — | 3.8% | — | 12.3% | 11.3% | 7.2% | 4.5% | |
| Return on capital employed | — | 34.0% | — | 46.1% | 61.3% | 47.0% | 38.8% | |
| Current ratio | — | — | — | — | — | 2.00x | 1.70x | |
| Interest cover | — | 300.23x | — | — | — | — | — |
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 2 times since incorporation
- LUXOFT FINANCIAL SERVICES UK LIMITED 2022-01-05 → present
- DXC LUXOFT UK LIMITED 2021-04-23 → 2022-01-05
- EXCELIAN LIMITED 2001-06-22 → 2021-04-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- LUXOFT FINANCIAL SERVICES UK LIMITED · parent
- Luxoft Canada Limited 50%
Significant events
- “Luxoft had a successful year due to ongoing demand for its services, which were mostly delivered jointly by its UK and offshore facilities. The existing customer base has provided a solid foundation for a sustainable year on year revenue performance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAYER, Hannah | Secretary | 2026-02-27 | — | — |
| DONALDSON, Jeremy Andrew | Director | 2025-08-01 | Feb 1963 | Canadian |
| WOODFINE, Michael Charles | Director | 2026-02-27 | Dec 1971 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FEELY, Michael Andrew | Secretary | 2013-08-15 | 2014-08-11 |
| GRANT, Robert Daniel | Secretary | 2014-08-08 | 2015-02-18 |
| GRANT, Robert Daniel | Secretary | 2001-06-22 | 2013-08-15 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-06-22 | 2001-06-22 |
| FEELY, Michael Andrew | Director | 2013-02-19 | 2015-02-18 |
| FRIEDLAND, Michael | Director | 2015-02-18 | 2018-05-01 |
| GRANT, Margarita Maria | Director | 2012-09-03 | 2015-02-18 |
| GRANT, Robert Daniel | Director | 2004-07-01 | 2014-08-08 |
| GRANT, Stephen Gary | Director | 2001-06-22 | 2015-02-18 |
| GRUZDEV, Ilia | Director | 2023-09-29 | 2025-07-31 |
| KAUZOV, Grigory | Director | 2018-04-24 | 2019-04-24 |
| KING, John Michael | Director | 2001-06-22 | 2003-01-30 |
| MARSHALL, Adrian | Director | 2001-06-22 | 2015-02-18 |
| NEWSUM, Richard Nevin | Director | 2010-08-23 | 2012-05-22 |
| RECHNIC, Grant Laurence | Director | 2001-06-22 | 2003-10-03 |
| SOULSBY, James Andrew | Director | 2019-04-24 | 2026-01-22 |
| STOCKDALE, Desmond | Director | 2001-06-22 | 2003-01-30 |
| WARD, Jeremy Peter | Director | 2006-11-30 | 2015-02-18 |
| ZIABKINA, Natasha | Director | 2019-04-24 | 2023-09-29 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-06-22 | 2001-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dxc Technology Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm | 2019-06-11 | Ceased 2019-06-11 |
| Dxc Uk International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-11 | Active |
| Luxoft Global Operations Gmbh | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-06-10 |
| Luxoft Holding, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 175 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | AA | accounts | Accounts with accounts type full | |
| 2023-11-17 | CH01 | officers | Change person director company with change date | |
| 2023-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-08 | CH01 | officers | Change person director company with change date | |
| 2023-01-12 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- 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.