PARLOPHONE RECORDS LIMITED

1. PARLOPHONE RECORDS LIMITED 2013-05-30 → present
2. EMI RECORDS LIMITED 1973-07-01 → 2013-05-30
3. THE GRAMOPHONE COMPANY LIMITED 1907-11-13 → 1973-07-01
4. GRAMOPHONE AND TYPEWRITER LIMITED 1900-12-10 → 1907-11-13

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed forecast cash flows for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds through the Group Cash-pooling arrangements and repayment of outstanding balances from fellow subsidiaries to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. PARLOPHONE RECORDS LIMITED · parent
   1. Warner Music Artist Services International Limited 100% · London, EC4N 6AF · Dormant
   2. Food Limited 100% · London, EC4N 6AF · Dormant
   3. Erato Record Classics Limited 100% · London, EC4N 6AF · Dormant
   4. Music for Pleasure Limited 100% · London, EC4N 6AF · Dormant
   5. Trooper Enterprises Limited 75% · London, EC4N 6AF · Dormant
   6. PLG Classics Germany GmbH 100% · Hamburg, Germany · Trading
   7. WMG Global Ventures Limited 100% · London, EC4N 6AF · Trading

Significant events

• “Turnover decreased by 14% and gross profit increased by 13% respectively for the year ended 30 September 2024.”
• “In the year ended 30 September 2024 the Company received no dividend income from its subsidiaries (2023: £Nil).”
• “Shareholders' funds have increased by 31% as a result of the profit in the year.”
• “The directors do not recommend the payment of a dividend (2023 - £nil).”

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

Filings

6

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.

• Turnover

  -13.9%

  £128,220,000 → £110,357,000

• Cash

  —

  Not reported

• Net assets

  +30.6%

  £82,666,000 → £107,952,000

• Employees

  -8.5%

  82 → 75

• Operating profit

  +45.6%

  £20,850,000 → £30,366,000

• Profit before tax

  +41.3%

  £23,812,000 → £33,653,000

• Wages

  -9.5%

  £11,955,000 → £10,825,000

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