Maiden Preliminary Results for the year ended 31 December 2005

Apr 11, 2006
Download the full results here
(PDF file, 407Kb)
Highlights to April 2006
  • Results in line with expectations following successful December 2005 IPO, raising £8m gross
  • eCommerce revenues up by 80%
  • Overall turnover up 21% to £1.5m (2004: £1.2m)
  • Strategically significant contract wins, including the Leeds Teaching Hospitals Trust, North Yorkshire County Council and East Renfrewshire
  • A member of the consortium delivering the Zanzibar Managed Service contractfor the Office of Government Commerce
  • Staff numbers now doubled to 66, in line with stated strategy

Commenting on today's announcement, Lyn Duncan, Managing Director, said:
"This has been an extremely exciting and successful year for @UK. @UK has developed a seamless eCommerce solution, in line with the Government's requirement for public sector eProcurement following the 2004 Gershon report. Based on the achievements in 2005, the Board is confident of the company’s ability to deliver continued revenue growth during 2006 and to achieve further commercial milestones throughout the year."

An analyst briefing will be held at the offices of Smithfield, 10 Aldersgate Street, London, EC1A 4HJ at 9.30 am today.

For further information please contact:
Lyn Duncan Managing Director
John Aiken Finance Director
+44 (0) 118 963 7000

Shore Capital
Mike Sawbridge
+44 (0) 151 600 3700

Sara Musgrave
Tania Wild
+44 (0) 20 7360 4900