IMAGINATION TECHNOLOGIES LIMITED

1. IMAGINATION TECHNOLOGIES LIMITED 1999-08-31 → present
2. VIDEOLOGIC LIMITED 1989-11-01 → 1999-08-31
3. VIDEO LOGIC LIMITED 1977-12-31 → 1989-11-01
4. GAVELICAR LIMITED 1977-04-01 → 1977-12-31

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“However, the Directors are confident that ITGL will be able to secure the additional liquidity, and if required, raise additional shareholder funding. Therefore, the Directors concluded that it is appropriate to prepare the Company's financial statements on a going concern basis.”

Group structure

1. IMAGINATION TECHNOLOGIES LIMITED · parent
   1. Imagination Technologies GmbH 100% · Germany
   2. Imagination Technologies KK 100% · Japan
   3. Imagination Technologies India Private Limited 99% · India
   4. Imagination Technologies Pty Limited 100% · Australia
   5. Imagination Technologies (China) Co., Ltd 100% · China
   6. Imagination Technologies B.V. (Netherlands) 100% · Netherlands
   7. IMG Technologies LLC 100% · United States of America
   8. Imagination Technologies Romania S.R.L. 100% · Romania

Significant events

• “In September 2024, the Company exited the CPU as a standalone product and initiated a restructuring programme, which included redundancy costs and other associated expenses.”
• “In the current year, ITGL entered into a Senior Facility Agreement ("SFA") with affiliates of Fortress Investment Group. The SFA requires ITGL and its subsidiaries to maintain a minimum liquidity at all times, and a minimum level of revenue on a rolling four-quarter basis starting in the third quarter of 2025.”
• “The Group obtained a $100 million convertible term loan to support its continued development and growth from funds managed by affiliates of Fortress Investment Group LLC ("Fortress"). As a result of the new investment, the Group cancelled its £35.0 million revolving credit facility and repaid the outstanding $15.0 million balance on its Facility Agreement with the Parent, and cancelled this facility.”

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

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -29.8%

  £153,850,000 → £107,999,000

• Cash

  -62.9%

  £54,323,000 → £20,143,000

• Net assets

  +18.3%

  £29,524,000 → £34,933,000

• Employees

  -25.4%

  645 → 481

• Operating profit

  -349.4%

  £16,214,000 → -£40,431,000

• Profit before tax

  -425.4%

  £15,611,000 → -£50,798,000

• Wages

  -19%

  £65,667,000 → £53,165,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers