STINGRAY DIGITAL INTERNATIONAL LIMITED

1. STINGRAY DIGITAL INTERNATIONAL LIMITED 2014-01-28 → present
2. MUSIC CHOICE LIMITED 2000-09-26 → 2014-01-28
3. MUSIC CHOICE EUROPE LIMITED 1993-12-17 → 2000-09-26
4. FCB1047 LIMITED 1993-07-23 → 1993-12-17

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”

Group structure

1. STINGRAY DIGITAL INTERNATIONAL LIMITED · parent
   1. Xtra Music Limited 100% · UK
   2. Satellite Music Australia Pty Ltd 100% · Australia
   3. Digital Music Distribution Pty Ltd 100% · Australia
   4. Transmedia Communications SA 100% · Switzerland
   5. Stingray Europe B.V. 100% · Netherlands
   6. DJ Matic B.V. 100% · Netherlands
   7. The Music Marketeers B.V. 100% · Netherlands
   8. DJ Matic N.V. 100% · Belgium
   9. Stingray Germany GmbH 100% · Germany
   10. Yokee Music Ltd 100% · Israel
   11. Stingray Music S.A. de C.V. 100% · Mexico

Significant events

• “During the year dividends of £Nil (2024: £8,799,211) were paid to the company's immediate parent undertaking. No dividends have been paid or proposed subsequent to the year-end.”
• “SBA Music Pty Ltd was deregistered in May 2024.”
• “An impairment loss of £2,184,266 was recognised (on investments).”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -5.1%

  £11,193,243 → £10,617,144

• Cash

  -52.6%

  £388,367 → £184,052

• Net assets

  +5.5%

  £43,909,993 → £46,310,277

• Employees

  +14.3%

  7 → 8

• Operating profit

  -59.4%

  £9,202,414 → £3,732,438

• Profit before tax

  -60.4%

  £8,679,424 → £3,437,353

• Wages

  +8.3%

  £421,158 → £456,292

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