GLOBAL SWITCH ESTATES 1 LIMITED
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Cash
£4.5M
+126.4% highest in 3 filed years
Net assets
£157M
+103% highest in 3 filed years
Employees
—
Average over period
Profit before tax
-£19M
+56.7% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £28,499,000 | £26,361,000 | £26,560,000 | +0.8% | |
| Operating profit | £17,481,000 | -£6,041,000 | £17,069,000 | +382.6% | |
| Profit before tax | -£66,094,000 | -£43,154,000 | -£18,688,000 | +56.7% | |
| Net profit | -£58,005,000 | -£30,132,000 | -£20,492,000 | +32% | |
| Cash | £1,157,000 | £1,973,000 | £4,467,000 | +126.4% | |
| Total assets less current liabilities | £415,628,000 | £399,456,000 | £416,528,000 | +4.3% | |
| Net assets | £51,519,000 | £77,224,000 | £156,731,000 | +103% | |
| Equity | £51,519,000 | £77,224,000 | £156,731,000 | +103% | |
| Average employees | — | — | — | — | |
| Wages | £51,000 | £64,000 | £77,000 | +20.3% | |
| Directors' remuneration | £55,000 | £69,000 | £82,000 | +18.8% |
Values shown as filed in the company's annual accounts. — 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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 61.3% | -22.9% | 64.3% | |
| Net margin | — | -114.3% | -77.2% | |
| Return on capital employed | 4.2% | -1.5% | 4.1% | |
| Current ratio | 3.79x | 2.96x | 3.88x | |
| Interest cover | 0.67x | -0.16x | 0.48x |
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.
Name history
Renamed 2 times since incorporation
- GLOBAL SWITCH ESTATES 1 LIMITED 2009-11-09 → present
- GS NOMINEE (LONDON 1) LIMITED 2003-06-27 → 2009-11-09
- RAMPRIVER LIMITED 2003-04-10 → 2003-06-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, we continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the statement of accounting policies in the financial statements.”
Significant events
- “Previously, on 8 June 2022 the Group publicly confirmed that its shareholders were exploring a potential divestment transaction. On 18 December 2024 the Group publicly confirmed it has appointed an investment bank as a financial advisor to explore co-investment opportunities for its super-prime London data centre portfolio. For the year ended 31 December 2025, there was no financial impact for the Group.”
- “As at 31 December 2025, the Company has a contingent liability in relation to open tax enquires totalling to £6,451,392 (2024: £4,800,000).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD, Jonathan Christopher | Director | 2026-05-07 | Jan 1973 | British |
| DOMENEY, Peter William | Director | 2025-11-28 | Dec 1968 | British |
| MULDOON, Ashley Thomas Edward | Director | 2024-01-23 | Nov 1971 | Australian |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOK, Kenneth Alan | Secretary | 2003-07-15 | 2006-03-02 |
| HARRISON, Linda Christine | Secretary | 2003-07-15 | 2006-03-02 |
| HILL, Megan Joy | Secretary | 2011-01-31 | 2020-03-01 |
| RUMLEY, Esme Ann | Secretary | 2006-03-02 | 2007-05-17 |
| WONG, Hiu Yan | Secretary | 2003-05-14 | 2003-07-15 |
| E L SERVICES LIMITED | Corporate Secretary | 2007-05-17 | 2011-01-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2003-04-10 | 2003-05-14 |
| CORCORAN, John Anthony | Director | 2014-11-07 | 2024-01-01 |
| DENT, Matthew Michael | Director | 2004-10-18 | 2006-07-21 |
| EATON, Adam Michael | Director | 2022-02-22 | 2025-12-08 |
| FEGGETTER, Fiona | Director | 2003-05-14 | 2003-07-15 |
| GILES, Matthew Denis | Director | 2006-12-19 | 2010-01-28 |
| MEERSCH, Andrew David Vander | Director | 2003-07-15 | 2004-10-18 |
| MOORE, Michael William | Director | 2003-06-20 | 2003-07-15 |
| O'DRISCOLL, Patrick Colin | Director | 2010-03-24 | 2016-12-21 |
| PIKE, Andrew John | Director | 2007-05-17 | 2015-01-05 |
| RICHARDSON, Brian Paul | Director | 2006-03-01 | 2006-12-19 |
| ROWSON, Richard James Christopher | Director | 2009-11-06 | 2013-06-07 |
| STEVENSON, John Weir | Director | 2015-06-26 | 2022-01-05 |
| WILSON, Andrew William John | Director | 2003-07-15 | 2006-03-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2003-04-10 | 2003-05-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Global Switch Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-06-11 | Active |
| Global Switch Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-06-11 |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-30 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2025-04-23 | SH01 | capital | Capital allotment shares | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-01-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-05 | AA | accounts | Accounts with accounts type full | |
| 2023-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-28 | CH01 | officers | Change person director company with change date | |
| 2023-04-28 | CH01 | officers | Change person director company with change date | |
| 2022-12-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 1
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.