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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-03-29

Overdue

Watchouts

1 item

Cash

£3M

-1.8% vs 2023

Net assets

£3M

+3.9% highest in 6 filed years

Employees

3

0% vs 2023

Profit before tax

£151K

+478.4% vs 2023

Watchouts

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

Accounts

10-year trend · latest reflected 2024-12-31

Metric Trend 2019-12-312020-01-012020-12-312021-01-012021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Turnover £1,482,606£670,518£548,137£735,323
Operating profit £485,156£31,964£12,589£35,994
Profit before tax £485,109£31,931£26,102£150,971
Net profit £329,158£28,165£60,962£112,155
Cash £1,496,237£1,642,413£2,920,273£2,684,035£2,892,568£2,839,733
Total assets less current liabilities £2,264,320£2,478,238£2,759,179£2,788,387£2,846,650£2,958,805
Net assets £2,224,490£2,428,365£2,757,523£2,785,688£2,846,650£2,958,805
Equity £2,224,490£2,428,365£2,428,365£2,757,523£2,757,523£2,785,688£2,785,688£2,846,650£2,958,805
Average employees 31323333
Wages £482,758£395,063
Directors' remuneration

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-12-312020-01-012020-12-312021-01-012021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Operating margin 32.7%4.8%2.3%4.9%
Net margin 22.2%4.2%11.1%15.3%
Return on capital employed 17.6%1.1%0.4%1.2%
Gearing (liabilities / total assets) 8.0%4.6%
Current ratio 12.47x21.82x
Interest cover 10322.47x968.61x55.95x36.77x

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 1 time since incorporation

  1. GLOBALFOUNDRIES EUROPE LTD. 2010-01-05 → present
  2. CHARTERED SEMICONDUCTOR EUROPE LIMITED 2001-03-15 → 2010-01-05

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company is dependent on the ongoing operation of a service agreement with its immediate parent company. The director has no reason to believe that this will not continue in operation for the foreseeable future and for a period of at least 12 months from the approval of these financial statements. The director has therefore deemed it appropriate to prepare these financial statements on a going concern basis.”

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

People

1 active · 19 resigned

Name Role Appointed Born Nationality
KOYANAGI, Lance Director 2024-04-01 Jul 1970 American
Show 19 resigned officers
Name Role Appointed Resigned
HAY, Timothy David Secretary 2003-01-31 2012-04-13
PERRY, Amanda Secretary 2001-03-15 2003-01-31
SEVERNSIDE SECRETARIAL LIMITED Corporate Nominee Secretary 2001-03-15 2001-03-15
BAXTER, Robert Lindsay Director 2001-03-15 2002-08-07
BIRKMAIER, Georg Director 2019-01-01 2022-04-01
BUDNY, Jaroslaw Mariusz Director 2012-04-13 2018-06-26
BULMER, Thomas Richard Director 2002-10-14 2003-04-10
CORDOVEZ, Juan Diego Director 2016-11-22 2018-12-31
FISCHER, Gerhard Director 2005-07-18 2012-07-31
GUILMART, Bruno Director 2002-08-07 2003-07-25
HAY, Timothy David Director 2005-01-14 2012-04-13
HERNANDEZ, Pilar-Ruth Director 2022-04-01 2024-04-01
HUGHES, Allan William Director 2001-03-15 2002-10-18
LANGE, Karl Director 2012-12-01 2016-11-07
NITZSCHE, Sabine Christa Director 2018-07-04 2020-10-30
REKUC, Michael John Director 2003-07-25 2005-01-14
SIMON, Dominique Michel Jacques Director 2012-07-15 2012-12-01
SIMON, Dominique Michel Jacques Director 2002-11-01 2005-07-18
SEVERNSIDE NOMINEES LIMITED Corporate Nominee Director 2001-03-15 2001-03-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Government Of The Emirate Of Abu Dhabi Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 118 total filings

Date Type Category Description
2025-06-19 AA accounts Accounts with accounts type full PDF
2025-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-26 CH01 officers Change person director company with change date PDF
2024-07-16 AD01 address Change registered office address company with date old address new address PDF
2024-06-11 AA accounts Accounts with accounts type full PDF
2024-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-11 AP01 officers Appoint person director company with name date PDF
2024-04-11 TM01 officers Termination director company with name termination date PDF
2023-07-04 AA accounts Accounts with accounts type full PDF
2023-03-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-22 AP01 officers Appoint person director company with name date PDF
2023-02-22 TM01 officers Termination director company with name termination date PDF
2022-07-20 AA accounts Accounts with accounts type small PDF
2022-05-05 AD01 address Change registered office address company with date old address new address PDF
2022-03-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-10 AD04 address Move registers to registered office company with new address PDF
2021-07-21 TM01 officers Termination director company with name termination date PDF
2021-07-12 AA accounts Accounts with accounts type small PDF
2021-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-07-03 AA accounts Accounts with accounts type small PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page