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Cash

£1.8M

-46.7% vs 2023

Net assets

£6.1M

-31.8% vs 2023

Employees

74

-24.5% vs 2023

Profit before tax

£1.5M

+420.8% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £33,145,636£28,540,278 -13.9%
Operating profit £249,889£1,400,502 +460.4%
Profit before tax £279,516£1,455,804 +420.8%
Net profit £186,703£1,042,743 +458.5%
Cash £3,302,820£1,761,534 -46.7%
Total assets less current liabilities £8,890,054£6,066,778 -31.8%
Net assets £8,890,054£6,066,778 -31.8%
Equity £8,890,054£6,066,778 -31.8%
Average employees 9874 -24.5%
Wages £7,849,025£6,531,010 -16.8%
Directors' remuneration £471,120

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 2023-12-312024-12-31
Operating margin 0.8%4.9%
Net margin 0.6%3.7%
Return on capital employed 2.8%23.1%
Current ratio 2.61x1.71x

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 3 times since incorporation

  1. IDG INTERNATIONAL MARKETING SERVICES EUROPE LTD 1994-10-17 → present
  2. CW COMMUNICATIONS LTD. 1990-07-25 → 1994-10-17
  3. IDG COMMUNICATIONS LIMITED 1987-08-04 → 1990-07-25
  4. TROVECROSS LIMITED 1987-03-20 → 1987-08-04

Audit & accounting basis

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

“The Directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. Following the recent change of ownership, the Directors note that the company benefits from the ongoing financial and operational support of its parent company, Foundry International LLC. The support includes access to group funding arrangements and other resources as required. The parent company has confirmed its intention to continue providing such support for the foreseeable future, enabling the company to meet its obligations as they fall due and continue its planned operations. The additional support has been taken into account by the Directors in their assessment and is considered to provide further assurance that the company will continue to operate as a going concern for at least 12 months from the date of signing the financial statements.”

Significant events

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

People

2 active · 16 resigned

Name Role Appointed Born Nationality
CSC CLS (UK) LIMITED Corporate Secretary 2025-09-18
SAVVIDOU, Maria Director 2025-03-20 Sep 1977 British
Show 16 resigned officers
Name Role Appointed Resigned
ANGEL, Marvin Secretary 1994-01-01 1996-05-12
BRADLEY, Peter Augustine Secretary 2002-05-31 2023-05-31
CLACKETT, Timothy James Secretary 1998-06-19 2002-05-31
PEDEN, Malcolm Andrew Secretary 1996-05-12 1998-06-19
THALMESSINGER, Ian Frederick Secretary 1994-01-01
CORPORATION SERVICE COMPANY (UK) LIMITED Corporate Secretary 2023-12-06 2025-09-18
ARNOT, Keith James Director 1994-09-02 2019-08-31
CONLIN, Kelly Peter Director 1994-09-02 2002-09-04
FIGLIOLIA, Tiziana Maria Director 2024-01-12 2025-03-20
KENEALY, Patrick Director 2002-09-01 2016-02-24
MCGOVERN, Patrick Joseph Director 2014-03-19
MEERS, Jeffrey Director 1994-09-02 2000-05-11
OMALLEY, John Peter Director 2000-06-07 2021-03-29
RAMANATHAN, Kumaran Director 2021-03-28 2023-12-31
SOLDATINI, Enrico Director 2024-01-12 2025-03-20
YORKE, Matthew Director 2021-03-28 2024-01-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Foundry International, Llc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-03-20 Active
Idc Uk Ltd Corporate entity Shares 75–100% 2022-10-03 Ceased 2025-03-20
Mr Stephen Allen Schwarzman Individual Shares 75–100%, Voting 75–100%, Appoints directors 2021-11-15 Ceased 2022-10-03

Filing timeline

Last 20 of 154 total filings

Date Type Category Description
2026-02-05 AA accounts Accounts with accounts type full
2025-09-26 TM02 officers Termination secretary company with name termination date PDF
2025-09-26 AP04 officers Appoint corporate secretary company with name date PDF
2025-09-26 AD01 address Change registered office address company with date old address new address PDF
2025-06-11 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-06-11 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-03-31 TM01 officers Termination director company with name termination date PDF
2025-03-31 TM01 officers Termination director company with name termination date PDF
2025-03-31 AP01 officers Appoint person director company with name date PDF
2025-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-10 AA accounts Accounts with accounts type full
2024-03-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-26 AP04 officers Appoint corporate secretary company with name date PDF
2024-01-26 AD01 address Change registered office address company with date old address new address PDF
2024-01-22 TM01 officers Termination director company with name termination date PDF
2024-01-22 TM02 officers Termination secretary company with name termination date PDF
2024-01-22 AP01 officers Appoint person director company with name date PDF
2024-01-22 AP01 officers Appoint person director company with name date PDF
2024-01-03 TM01 officers Termination director company with name termination date PDF
2023-10-30 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page