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Dolby Europe Limited

06035472

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

WORK.LIFE SOHO, WAVERLEY HOUSE, LONDON, W1F 8GQ
Incorporated 21/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Ms Grace Luna Chu

director · Since 31/12/2018

VICE PRESIDENT, TAX AND TREASURY

AMERICAN · UNITED STATES · Age 62

Mr Daniel Jose Rodriguez

director · Since 03/06/2021

VICE PRESIDENT, CORPORATE LEGAL

AMERICAN · UNITED STATES · Age 54

Ms Susan Patricia Way

director · Since 14/03/2023

FINANCE DIRECTOR

IRISH · IRELAND · Age 58

Persons with Significant Control

Dolby Laboratories, Inc.

75–100% shares
75–100% votes

1275, Market Street, San Francisco, 94103

Reg: 3829698 · Delaware Division Of Corporations · Corporate

Notified 30/10/2020

Former PSCs

Dolby Laboratories International Services, Inc.

Ceased 30/10/2020

CompanyRankvs 221+ SIC 62090 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.3× · 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.

Employees15/15 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

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

Key FinancialsYear ending 30/09/2024

Turnover

£18.7M

Annual revenue

Net Worth

£16.1M

Balance sheet strength

Cash

£12.0M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£10.8M

Working capital

Current Assets

£15.4M

Current Liabilities

£2.9M

Fixed Assets

£7.8M

Debtors

£1.8M

Gross Profit

£18.7M

Admin Expenses

£2.3M

Operating Profit

£1.4M

Profit After Tax

£1.2M

63avg. employees-9

Tax at Year End

Corp tax£261k

People Costs

Wages & salaries£6.3M
NI contributions£682k

Balance Sheet

Assets less current liabilities£18.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.30+£1.2M
20234.85—

Derived from filed accounts. Not audited figures.