IDG COMMUNICATIONS LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-20
Overdue
Watchouts
Cash
£417K
+311.6% vs 2023
Net assets
£4M
+41.5% vs 2023
Employees
39
-11.4% vs 2023
Profit before tax
£699K
+86.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-20.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- IDG COMMUNICATIONS LTD. 1990-07-25 → present
- C W COMMUNICATIONS LIMITED 1984-04-16 → 1990-07-25
- COMPUTERWORLD PUBLISHING LIMITED 1975-01-27 → 1984-04-16
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £9,382,057 | £9,871,018 | |
| Operating profit | £371,164 | £698,087 | |
| Profit before tax | £374,228 | £699,438 | |
| Net profit | -£469,495 | £1,304,783 | |
| Cash | £101,384 | £417,279 | |
| Total assets less current liabilities | £3,146,327 | £4,451,110 | |
| Net assets | £3,146,327 | £4,451,110 | |
| Equity | £3,146,327 | £4,451,110 | |
| Average employees | 44 | 39 | |
| Wages | £4,280,994 | £3,070,243 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.0% | 7.1% | |
| Net margin | -5.0% | 13.2% | |
| Return on capital employed | 11.8% | 15.7% | |
| Current ratio | 2.76x | 4.03x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, and taking into account both current resources and the support available from the Group, the Directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. Following the recent change of ownership, the Directors note that the company benefits from the ongoing financial and operational support of its parent company, Foundry International LLC. The support includes access to group funding arrangements and other resources as required. The parent company has confirmed its intention to continue providing such support for the foreseeable future, enabling the company to meet its obligations as they fall due and continue its planned operations. The additional support has been taken into account by the Directors in their assessment and is considered to provide further assurance that the company will continue to operate as a going concern for at least 12 months from the date of signing the financial statements.”
Significant events
- “On March 20, 2025, IDG Group completed the sale of IDG Communications (d/b/a Foundry), to Regent LP. The Foundry business provides technology, media, data and marketing services to its customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CLS (UK) LIMITED | Corporate Secretary | 2025-09-18 | — | — |
| SAVVIDOU, Maria | Director | 2025-03-20 | Sep 1977 | Cypriot,Canadian |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGEL, Marvin | Secretary | 1994-01-01 | 1995-10-01 |
| NORMAN, Christopher Alfred | Secretary | 1995-10-01 | 2025-03-20 |
| THALMESSINGER, Ian Frederick | Secretary | — | 1994-01-01 |
| CORPORATION SERVICE COMPANY (UK) LIMITED | Corporate Secretary | 2024-01-10 | 2025-09-18 |
| ARNOT, Keith James | Director | — | 2019-08-31 |
| BLOOM, Edward Bladen | Director | 1999-05-30 | 2017-06-30 |
| BOYD, Wilson Walter | Director | — | 1993-03-14 |
| CASSELLA, James Angello | Director | 1997-02-25 | 1999-05-30 |
| ENOS, Jayne | Director | 2017-06-30 | 2018-01-31 |
| FIGLIOLIA, Tiziana | Director | 2023-12-06 | 2025-03-20 |
| HURLSTONE, Toby Oliver Matthew | Director | 2018-01-31 | 2020-01-03 |
| MARR, Donna Mary | Director | 2020-01-03 | 2023-06-09 |
| MCGOVERN, Patrick Joseph | Director | — | 2014-03-19 |
| MURPHY, William P | Director | — | 1997-02-25 |
| RAMANATHAN, Kumaran | Director | 2020-01-03 | 2023-12-31 |
| THALMESSINGER, Ian Frederick | Director | — | 1994-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Foundry International, Llc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-20 | Active |
| Mr Stephen Allen Schwarzman | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-15 | Ceased 2025-03-20 |
| Mr Zhiqiang Lu | Individual | Significant influence | 2017-03-21 | Ceased 2021-11-15 |
Filing timeline
Last 20 of 152 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-09-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-26 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-09-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-13 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-22 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-01-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-30 | AA | accounts | Accounts with accounts type full | |
| 2023-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-12 | AD02 | address | Change sail address company with old address new address | |
| 2023-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.2%
£9,382,057 £9,871,018
-
Cash
+311.6%
£101,384 £417,279
-
Net assets
+41.5%
£3,146,327 £4,451,110
-
Employees
-11.4%
44 39
-
Operating profit
+88.1%
£371,164 £698,087
-
Profit before tax
+86.9%
£374,228 £699,438
-
Wages
-28.3%
£4,280,994 £3,070,243
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