COCHLEAR RESEARCH AND DEVELOPMENT LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3.5%

  £27,717,193 → £26,751,891

• Cash

  +4.3%

  £1,090,530 → £1,137,490

• Net assets

  -65.2%

  £7,967,649 → £2,773,285

• Employees

  +6.8%

  118 → 126

• Operating profit

  +10.8%

  £1,219,236 → £1,351,422

• Profit before tax

  +3.2%

  £1,547,961 → £1,597,530

• Wages

  -17.7%

  £9,259,936 → £7,619,793

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

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.

1. COCHLEAR RESEARCH AND DEVELOPMENT LIMITED 2008-05-14 → present
2. COCHLEAR ACOUSTICS LIMITED 2003-08-08 → 2008-05-14
3. CONTINENTAL SHELF 271 LIMITED 2003-05-29 → 2003-08-08

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

• “Dividends of €7.4m were paid during the year (2024: €nil).”
• “The Company is within the scope of the Pillar Two rules which seek to apply a minimum tax rate to individual jurisdictions across the globe. The rules apply to the Company from 1 July 2024. The Company has performed an assessment of its potential exposure to Pillar Two income taxes and has determined that there is no material impact on current tax expense for the year ended 30 June 2025.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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