HITACHI SOLUTIONS EUROPE LTD

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

  +6%

  £84,772,547 → £89,852,902

• Cash

  +28.9%

  £19,961,515 → £25,739,803

• Net assets

  +11.6%

  £43,952,014 → £49,046,813

• Employees

  +1.9%

  749 → 763

• Operating profit

  +348.8%

  £1,267,249 → £5,687,205

• Profit before tax

  +226.1%

  £1,967,107 → £6,413,921

• Wages

  +1.6%

  £53,033,296 → £53,901,493

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.

1. HITACHI SOLUTIONS EUROPE LTD 2010-10-01 → present
2. HITACHI SOFTWARE ENGINEERING (UK) LIMITED 2010-09-13 → 2010-10-01
3. HITACHI SOLUTIONS EUROPE LTD. 2010-09-06 → 2010-09-13
4. HITACHI SOFTWARE ENGINEERING (UK) LIMITED 2003-10-07 → 2010-09-06

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is in a positive net asset position of £49,046,813, with net current assets of £24,220,753 including cash at bank of £25,739,803 as at 31 March 2025 with no external long term loans or debt. The company made a profit after tax of £5,094,799 during the year. In addition, Hitachi Solutions Limited, the intermediate parent company, has provided the company with an undertaking that for at least 12 months from the date of approval of these financial statements, they will continue to make available such funds as are needed by the company. In making this assessment the Directors have considered the overall position of Hitachi Solutions Limited and its ability to provide such support. After making enquiries, the Directors have formed a judgment at the time of approving the Company's financial statements, that there is a reasonable expectation that the Group has adequate resources to continue in operational existence for at least 12 months from date the financial statements are signed. For this reason, the Directors continue to adopt the going concern basis in preparing the Company's financial statements.”

Group structure

1. HITACHI SOLUTIONS EUROPE LTD · parent
   1. Hitachi Solutions Europe AG 100% · Germany
   2. Hitachi Solutions Germany GmbH 100% · Germany

Significant events

• “2024 was a big year in terms of AI, with the topic moving from the obscure corners of Data Science, to mainstream and a key area of interest for all customers. Microsoft moved aggressively to embed AI into virtually all of its product offerings at rapid pace, and the Company invested in developing expertise, and advisory capabilities in recognition of the likely initial demand being related to understanding and advisory services to clients.”
• “This is expected to drive growth, particularly in Data and Cloud services, due to the demand for the highest quality data, and a modern data-estate to support the use of AI services by customers. The Company anticipates that as Microsoft's products mature their use of AI, it will drive a fresh multi-year wave of increased ERP upgrade and replacement demand with companies seeking to reduce cost, gain competitive advantage and needing to move to the latest Microsoft Business Applications to enable this.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.