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Cash

£4.7M

-14% vs 2024

Net assets

£9M

-13.7% vs 2024

Employees

77

+1.3% vs 2024

Profit before tax

£2.1M

+4.7% vs 2024

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31 Δ vs prior
Turnover £13,112,849£13,836,346 +5.5%
Operating profit £2,002,281£2,080,622 +3.9%
Profit before tax £2,002,281£2,095,589 +4.7%
Net profit £1,501,198£1,571,245 +4.7%
Cash £5,470,425£4,702,888 -14%
Total assets less current liabilities £10,525,496£9,116,973 -13.4%
Net assets £10,402,043£8,973,288 -13.7%
Equity £10,402,043£8,973,288 -13.7%
Average employees 7677 +1.3%
Wages £7,247,767£8,454,388 +16.6%
Directors' remuneration £285,498£324,872 +13.8%

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 2024-03-312025-03-31
Operating margin 15.3%15.0%
Net margin 11.4%11.4%
Return on capital employed 19.0%22.8%
Gearing (liabilities / total assets) 11.7%16.2%
Current ratio 8.83x6.47x

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.

Name history

Renamed 2 times since incorporation

  1. KIOXIA TECHNOLOGY UK LTD 2019-07-17 → present
  2. OCZ STORAGE SOLUTIONS LIMITED 2014-02-27 → 2019-07-17
  3. OCZ TECHNOLOGY, LIMITED 2011-10-12 → 2014-02-27

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements are prepared on a going concern basis. The Company is reliant on funding from its ultimate parent operating company, KIOXIA Corporation - Japan (KIC). The directors have assessed the existing cash position at the date of these financial statements, the future cash forecast and revenue projections in their consideration for going concern. The Company undertakes research activities only on behalf of KIOXIA Group Companies (primarily KIOXIA Corporation - Japan (KIC)), and consequently a funding agreement has been signed with KIOXIA Corporation - Japan (KIC), which supports Company's activities for the next financial year.”

Significant events

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

People

6 active · 10 resigned

Name Role Appointed Born Nationality
TOUT, Arthur James Viggo Secretary 2011-10-12
AOYAMA, Yoshimasa Director 2025-06-20 Aug 1968 Japanese
MATSUDA, Yukihiko Director 2025-10-24 Jan 1962 Japanese
NANNICHI, Asayuki Director 2023-12-19 Jan 1968 Japanese
TAHARA, Hiroki Director 2025-06-20 Apr 1976 Japanese
TOUT, Arthur James Viggo Director 2011-10-12 Jul 1968 British
Show 10 resigned officers
Name Role Appointed Resigned
FUJIKAWA, Toshiaki Director 2018-11-12 2020-10-08
JR, Arthur Knapp, Director 2011-10-12 2013-10-11
KIUCHI, Hidemichi Director 2020-10-08 2023-11-28
MATSUDA, Yukihiko Director 2020-10-08 2025-06-16
MENJU, Akira Director 2020-10-08 2025-06-13
PETERSEN, Ryan Director 2011-10-12 2012-10-10
SANO, Naohisa Director 2016-04-01 2018-11-12
SCHMITT, Ralph Director 2012-10-10 2016-04-29
TSUCHIYA, Kenji Director 2020-10-08 2025-10-07
YOKOTSUKA, Masashi Director 2016-04-01 2020-10-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Kioxia Holdings Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-12-18 Active
Toshiba Corporation Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2018-06-01

Filing timeline

Last 20 of 69 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-04 MA Memorandum articles
  • 2024-06-04 RESOLUTIONS Resolution
Date Type Category Description
2026-04-29 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-04-29 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-12-10 AA accounts Accounts with accounts type full
2025-11-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-28 AP01 officers Appoint person director company with name date PDF
2025-10-13 TM01 officers Termination director company with name termination date PDF
2025-06-23 AP01 officers Appoint person director company with name date PDF
2025-06-23 AP01 officers Appoint person director company with name date PDF
2025-06-23 TM01 officers Termination director company with name termination date PDF
2025-06-23 TM01 officers Termination director company with name termination date PDF
2024-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-08 AA accounts Accounts with accounts type full
2024-06-04 MA incorporation Memorandum articles
2024-06-04 RESOLUTIONS resolution Resolution
2024-01-04 AA accounts Accounts with accounts type full
2024-01-02 AP01 officers Appoint person director company with name date PDF
2023-12-05 TM01 officers Termination director company with name termination date PDF
2023-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-21 AA accounts Accounts with accounts type full
2022-11-28 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

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.

Official Companies House page