TOSHIBA GLOBAL COMMERCE SOLUTIONS (U.K.) LIMITED

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

  -30.6%

  £24,643,175 → £17,091,841

• Cash

  +67.4%

  £1,594,782 → £2,669,587

• Net assets

  -15.6%

  -£7,753,784 → -£8,962,323

• Employees

  -0.9%

  108 → 107

• Operating profit

  -44.5%

  £616,080 → £341,836

• Profit before tax

  -293.6%

  £288,196 → -£557,840

• Wages

  +2.6%

  £4,522,269 → £4,640,187

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As of the date of signature of the financial statements of the Company, it is the view of the Directors that the Company is deemed to be a going concern. This opinion Is supported by the discretion afforded to the Company in the management of intercompany payable balances, absence of significant debtor collection issues, and the cash and cash equivalent balance of £2,669,587 (2023: £1,594,782). The Company's parent, TGCS Holdings Corporation, has also provided a letter of support detailing that they will not withdraw support for the Company for at least the next twelve months from the date the financial statements are signed and thereafter for the foreseeable future to enable the Company to continue to trade. The impact of the prevailing macro-economic environment characterised by inflationary pressures and high interest rates has been considered in reaching this conclusion and the directors believe that the diverse customer base puts the company in a good position grow in the future.”

Significant events

• “Except for being affected by the overall economic uncertainty and negative impacts on the global economy, the Company, with its business mainly conducted in the UK and Ireland, is currently, in the main, un-affected directly by these events as of December 2024.”
• “Cost inflation had an impact on high street retail in 2024 but key areas such as hospitality, food and lifestyle stores remained resilient. Customers in these sectors make-up a significant proportion of the UK business.”
• “The Finance Bill 2021 introduces a corporation tax rate of 25% taking effect from 1 April 2023, and so profits from 1 April 2023 onwards will be taxed at this new rate.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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