LACEWORK EMEA LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -74.1%

  £23,560,760 → £6,106,164

• Cash

  —

  Not reported

• Net assets

  +75.8%

  £858,254 → £1,508,606

  highest in 3 filed years

• Employees

  -47.3%

  91 → 48

• Operating profit

  -74.1%

  £1,541,357 → £399,469

• Profit before tax

  -125.1%

  £1,219,785 → -£306,746

• Wages

  -48.8%

  £13,796,020 → £7,065,908

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

UHY Hacker Young (S.E.) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company operates as a cost plus entity. The Directors have reasonable expectation that the Company will continue in existence for the foreseeable future. The Directors are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements on the basis that the ultimate parent company Fortinet Inc. will continue to support the Company to meet maturing obligations for a period of at least 12 months following the approval of these financial statements.”

Group structure

1. LACEWORK EMEA LTD · parent
   1. Lacework France SAS 100% · France · IT Security
   2. Lacework Singapore PTE. Ltd 100% · Singapore · IT Security
   3. Lacework Netherlands B.V. 100% · Netherlands · IT Security
   4. Lacework Australia Pty Ltd 100% · Australia · IT Security
   5. Lacework Ireland Ltd 100% · Ireland · IT Security
   6. Lacework Germany GmbH 100% · Germany · IT Security
   7. Lacework Iceland ehf. 100% · Iceland · IT Security
   8. Lacework Switzerland GmbH 100% · Switzerland · IT Security
   9. Lacework Sweden AB 100% · Sweden · IT Security
   10. Lacework Security India Private Limited 90% · India · IT Security

Significant events

• “During the year, the ultimate parent company Lacework Inc. was acquired by Fortinet Inc. and this resulted in change of ultimate control of the Company.”
• “Subsequent to year end, Lacework France SAS and Lacework Netherlands B.V were dissolved. The Company also sold its investments in Lacework Germany GmbH, Lacework Security India Private Limited, Lacework Ireland Ltd, Lacework Iceland ehf, Lacework Sweden AB and Lacework Switzerland GmbH due to an internal reorganisation.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.