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Globalfoundries Europe Ltd.

04180703

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

30 OLD BAILEY, LONDON, EC4M 7AU
Incorporated 15/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Lance Koyanagi

director · Since 01/04/2024

FINANCE DIRECTOR

AMERICAN · SINGAPORE · Age 56

Persons with Significant Control

Government Of The Emirate Of Abu Dhabi

75–100% shares

Al Saada Street, Abu Dhabi

Reg: N/A · Abu Dhabi · Corporate

Notified 06/04/2016

CompanyRankvs 1492+ SIC 82990 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 21.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£735k

Annual revenue

Net Worth

£3.0M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£151k

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£3.1M

Current Liabilities

£142k

Debtors

£261k

Gross Profit

£735k

Admin Expenses

£699k

Operating Profit

£36k

Profit After Tax

£112k

3avg. employees

Tax at Year End

Corp tax£38k

People Costs(2023)

Wages & salaries£365k
NI contributions£38k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
202421.82+£112k
202312.47+£61k
202213.30+£28k
202112.30—

Derived from filed accounts. Not audited figures.