TWITTER UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-03 (in 10mo)
Last made up 2026-02-17
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£50M
+2.6% vs 2023
Employees
76
-33.3% vs 2023
Profit before tax
£767K
-65.9% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £69,115,000 | £28,876,000 | |
| Operating profit | £2,265,000 | £788,000 | |
| Profit before tax | £2,252,000 | £767,000 | |
| Net profit | £1,220,000 | £583,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £50,217,000 | £51,535,000 | |
| Net assets | £48,727,000 | £50,006,000 | |
| Equity | £48,727,000 | £50,006,000 | |
| Average employees | 114 | 76 | |
| Wages | £10,958,000 | £11,050,000 | |
| Directors' remuneration | — | — |
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
-58.2%
£69,115,000 £28,876,000
-
Cash
—
Not reported
-
Net assets
+2.6%
£48,727,000 £50,006,000
-
Employees
-33.3%
114 76
-
Operating profit
-65.2%
£2,265,000 £788,000
-
Profit before tax
-65.9%
£2,252,000 £767,000
-
Wages
+0.8%
£10,958,000 £11,050,000
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 | 3.3% | 2.7% | |
| Net margin | 1.8% | 2.0% | |
| Return on capital employed | 4.5% | 1.5% | |
| Current ratio | 3.85x | 3.22x | |
| Interest cover | 174.23x | 37.52x |
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
- TWITTER UK LTD 2011-10-26 → present
- TWITTER UK LIMITED 2011-10-25 → 2011-10-26
- TWITTER INFORMATION NETWORK LIMITED 2011-06-01 → 2011-10-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“While the company's total revenue declined for the year ended 31 December 2024. The company's cost containment initiatives, slow revenue recovery combined with the cash on hand, and cash flows from operations are expected to provide sufficient liquidity to the company to meet their obligations as they come due for at least the next 12 months from the date of issuance of these financial statements.”
Significant events
- “On April 19, 2022, X Holdings I, Inc. ("Holdings") and X Holdings II, Inc. ("Acquisition Sub"), a wholly-owned subsidiary of Holdings, was formed to acquire the legacy business of Twitter, Inc. and its subsidiaries. On October 27, 2022, pursuant to the terms of the Merger Agreement, Acquisition Sub merged with and into Twitter, Inc. (the Merger), with Twitter, Inc. surviving the Merger and becoming a wholly-owned subsidiary of Holdings (the Closing), subsequently rebranded to X Corporation in July 2023 including is a global platform to X for public conversation.”
- “Following the Merger, the company has taken significant steps to reduce its cost base and improve its financial performance, including workforce reduction, and since the acquisition until the end of 2024, the Company recognised redundancy costs of approximately £22.3m (2023: £5.6m and 2022:£16.7m).”
- “In December 2023, the company transferred the lease of the 3rd and 6th floor to Paul, Weiss, Rifkind, Wharton & Garrison LLP due to significant decrease in headcount during the year.”
- “On March 28, 2025, X.AI Holdings Corp. acquired X Holdings Corp. and its subsidiaries in an all-stock transaction. Thereby, X.AI Holdings Corp. became the ultimate parent company. There were no other events occurring between 31 December 2024 and the date of approval of these financial statements, which require disclosure.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHEUNG, Kin Fai | Director | 2023-02-06 | Aug 1973 | American |
| SAHAR, Adeeb | Director | 2023-04-14 | Jun 1992 | American |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GADDE, Vijaya Venkata | Secretary | 2013-10-11 | 2020-04-28 |
| MACGILLIVRAY, Alexander Darroch | Secretary | 2011-06-01 | 2013-10-11 |
| O'BRIEN, Laurence Peter | Secretary | 2023-02-06 | 2023-04-14 |
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2011-06-01 | 2013-09-12 |
| ANTONY, Nisha | Director | 2017-08-15 | 2018-02-01 |
| COPE, Kevin | Director | 2020-04-28 | 2022-11-10 |
| COSTOLO, Richard William | Director | 2011-06-01 | 2013-05-07 |
| EDGETT, Sean Jeffrey | Director | 2018-02-23 | 2022-10-27 |
| GADDE, Vijaya Venkata | Director | 2013-10-11 | 2020-04-28 |
| JOSEPH NOTO, Anthony | Director | 2014-09-01 | 2018-02-23 |
| MACGILLIVRAY, Alexander Darroch | Director | 2011-06-01 | 2013-10-11 |
| O'BRIEN, Laurence Peter | Director | 2013-05-07 | 2023-04-14 |
| ROWGHANI, Ali | Director | 2011-06-01 | 2014-06-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Elon Reeve Musk | Individual | Shares 25–50%, Voting 75–100%, Appoints directors | 2022-11-08 | Active |
| Twitter, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-11-08 |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-08 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-04 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-08-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-01 | CH03 | officers | Change person secretary company with change date | |
| 2023-03-01 | CH01 | officers | Change person director company with change date | |
| 2023-02-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-02-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.