WESTERN DIGITAL (UK) LIMITED
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Cash
£39M
USD 51,885,000
Latest balance sheet
Net assets
£505M
USD 674,863,000
Equity attributable
Employees
82
Average over period
Profit before tax
-£91M
USD -122,149,000
Period ending 2025-06-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-27
| Metric | Trend | 2024-06-28 | 2025-06-27 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,721,797,425 | £1,407,586,465 | — | |
| Operating profit | £37,590,957 | £33,360,533 | — | |
| Profit before tax | £12,325,826,471 | -£91,442,581 | — | |
| Net profit | £12,314,633,927 | -£102,816,290 | — | |
| Cash | £29,880,970 | £38,841,892 | — | |
| Total assets less current liabilities | £2,575,335,380 | £505,351,100 | — | |
| Net assets | £2,575,012,726 | £505,212,607 | — | |
| Equity | £2,575,012,726 | £505,212,607 | — | |
| Average employees | 142 | 82 | — | |
| Wages | £8,273,694 | £6,502,470 | — | |
| Directors' remuneration | £520,287 | £1,339,272 | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-28 | 2025-06-27 |
|---|---|---|---|
| Operating margin | 2.2% | 2.4% | |
| Net margin | — | -7.3% | |
| Return on capital employed | 1.5% | 6.6% | |
| Gearing (liabilities / total assets) | 8.7% | 27.3% | |
| Current ratio | 0.98x | 1.10x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company's business activities, together with the factors likely to affect its future development, performance and position are set out in the Director's report. The Directors are satisfied that the Company has and will maintain sufficient financial resources to enable it to continue operating in the foreseeable future and therefore continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- WESTERN DIGITAL (UK) LIMITED · parent
- HGST Netherlands BV 100%
- Western Digital Middle East FZCO 100%
Significant events
- “On the 30th of October 2023, the Company's ultimate parent, Western Digital Corporation ("WDC") announced that its Board of Directors had unanimously approved a plan to separate its Hard Disk Drive ("HDD") and Flash businesses.”
- “On the 28th of September 2024, the Flash assets and liabilities of Western Digital UK were transferred to SanDisk UK Limited at their book values at that date in exchange for a share in the Company by way of a business transfer agreement. The spin out of SanDisk Corporation into a separate public listed company was completed on 21 February 2025.”
- “On 24 October 2025, the Company received a dividend from HGST Netherlands BV of $42.50m.”
- “On 24 October 2025, the Company paid a dividend to Western Digital Holdings Ltd of $42.50m.”
- “On 17 November 2025, the Company entered into a revolving credit agreement with Western Digital Technologies, Inc. and loaned $461.42m to Western Digital Technologies, Inc with value date of 18 November 2025.”
- “On 18 November 2025, the Company issued 1 ordinary share of 1.00 GBP fully paid at a premium with a total value of $461.42m in exchange for cash contribution from its parent Western Digital Holdings Ltd.”
- “On 3 December 2025, the Company issued 1 ordinary share of 1 GBP fully paid at a premium with a total value of $390.00m in exchange for cash contribution from its parent Western Digital Holdings Ltd.”
- “On 3 December 2025, the Company paid a $390.00m loan to Western Digital Technologies, Inc under revolving credit agreement.”
- “On 19 December 2025, the Company made a $20.00m cash contribution to its subsidiary, HGST Netherlands BV.”
- “On 22 January 2026, the Company received a dividend of $20.00m from HGST Netherlands BV.”
- “On 22 January 2026, the Company issued 1 ordinary share of 1 GBP fully paid at a premium with the total value of $70.00m in exchange for cash contribution from Western Digital Holdings Ltd.”
- “On 22 January 2026, the Company paid a $90.00m loan to Western Digital Technologies Inc under revolving credit agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLMES, Graham Leslie | Director | 2009-03-31 | Dec 1967 | British |
| NORMAN, James Radley | Director | 2025-10-23 | Mar 1983 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNELIUS, Michael Arthur | Secretary | 1995-01-12 | 2002-10-31 |
| RAY, Michael Charles | Secretary | 2002-10-31 | 2019-10-18 |
| LINK COMPANY MATTERS LIMITED | Corporate Secretary | 2013-12-09 | 2025-01-16 |
| WHALE ROCK SECRETARIES LIMITED | Corporate Secretary | 1991-06-01 | 2013-12-09 |
| BAILEY, Brian Terence | Director | 2009-03-31 | 2017-03-31 |
| BLACKWELL, Alexander David | Director | 2004-06-14 | 2009-03-31 |
| BUKATY, Raymond Martin | Director | 2002-10-31 | 2010-10-01 |
| CORNELIUS, Michael Arthur | Director | 1995-01-12 | 2002-10-31 |
| COSI, Anna Rosa | Director | 2019-10-18 | 2023-03-13 |
| DE VOS, Klaas | Director | 2003-05-20 | 2006-10-05 |
| DYSON, Phillip John | Director | 2013-04-01 | 2025-02-12 |
| EDWARDS, Nigel Martin | Director | 2025-02-12 | 2026-04-03 |
| ERICKSON, Robert Lewis | Director | — | 1995-01-12 |
| HOCKLEY, Jack | Director | 1993-09-01 | 1995-07-01 |
| KHAWAJA, Hafeez Ahmed | Director | 2003-05-20 | 2004-06-14 |
| KING, David Ian | Director | 1993-04-08 | 1996-11-01 |
| KIRCHHOFF, Frank Ronald | Director | — | 1993-06-30 |
| LARSEN, Kenneth Keith | Director | 1996-11-15 | 2003-05-20 |
| LARSEN, Kenneth Keith | Director | — | 1991-09-10 |
| LIVESEY, Michael Edward | Director | 1996-11-15 | 2009-03-31 |
| RAY, Michael Charles | Director | 2010-10-01 | 2011-06-01 |
| RAY, Michael Charles | Director | 2010-10-01 | 2019-10-18 |
| ROBATZEK, Berndt A | Director | 1995-07-01 | 2003-05-20 |
| SMITH, Stephen David | Director | 1991-09-10 | 1992-12-04 |
| STANLEY, Christopher James | Director | 2023-03-13 | 2025-02-12 |
| STEEGE, Brandi Rene | Director | 2025-02-12 | 2025-10-27 |
| YOUNG, Leo Jackson | Director | — | 2002-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Western Digital Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-01-04 | Active |
| Hgst Europe, Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-31 | Ceased 2022-01-04 |
| Western Digital Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-05-31 |
Filing timeline
Last 20 of 244 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AA | accounts | Accounts with accounts type full | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-23 | SH01 | capital | Capital allotment shares | |
| 2025-12-15 | SH01 | capital | Capital allotment shares | |
| 2025-12-12 | SH01 | capital | Capital allotment shares | |
| 2025-10-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-14 | AA | accounts | Accounts with accounts type full | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-12-20 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-12-20 | SH20 | capital | Legacy | |
| 2024-12-20 | CAP-SS | insolvency | Legacy | |
| 2024-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-14 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 6
- Officers appointed
- 1
- Officers resigned
- 2
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.