ZERTO UK LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.4 in the financial statements, which explains that there are plans to liquidate the Company and therefore the directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.

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

  +62.9%

  £18,257,969 → £29,740,440

  highest in 6 filed years

• Cash

  -54.6%

  £3,204,396 → £1,455,410

  lowest in 6 filed years

• Net assets

  +25%

  £2,811,610 → £3,513,713

  highest in 6 filed years

• Employees

  —

  Not reported

• Operating profit

  +65.5%

  £538,956 → £892,213

  highest in 6 filed years

• Profit before tax

  +64.3%

  £586,358 → £963,672

  highest in 6 filed years

• Wages

  +38.2%

  £4,604,934 → £6,366,289

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 102

Reporting scope

Standalone (parent only)

Auditor

Nortons Assurance Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.4 in the financial statements, which explains that there are plans to liquidate the Company and therefore the directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.”

Group structure

1. ZERTO UK LIMITED · parent
   1. Zerto Germany GmbH 100% · Germany

Significant events

• “On 31 August 2021, Hewlett Packard Enterprise (NYSE: HPE) completed the acquisition of Zerto Ltd (the parent company), with a net cash purchase price at closing of USD 374 million. On 1 February 2022 all employees of the Company were transferred to Hewlett-Packard Limited but the entity will continue to trade under agreements with group companies. Following the Company's acquisition by Hewlett Packard Enterprise (HPE), it was decided that its operations would be incorporated into HPE and that the company will be liquidated. As part of this process, HPE is planning to execute an asset sale of the Company's business to another HPE group entity. The integration and asset sale are currently planned to occur in August 2025. Following the asset sale and completion of the integration, the Company is expected to be liquidated at a later stage.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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