DOUBLE NEGATIVE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
None on the register
Cash
£13M
+46.4% vs 2024
Net assets
-£20M
+23.5% vs 2024
Employees
527
-28.9% vs 2024
Profit before tax
£9M
+121.6% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £54,896,000 | £19,494,000 | |
| Operating profit | -£18,222,000 | £41,431,000 | |
| Profit before tax | -£43,857,000 | £9,476,000 | |
| Net profit | -£33,094,000 | £6,160,000 | |
| Cash | £8,751,000 | £12,809,000 | |
| Total assets less current liabilities | £289,821,000 | £75,633,000 | |
| Net assets | -£26,247,000 | -£20,087,000 | |
| Equity | -£26,247,000 | -£20,087,000 | |
| Average employees | 741 | 527 | |
| Wages | £41,382,000 | £32,190,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -33.2% | 212.5% | |
| Net margin | -60.3% | 31.6% | |
| Return on capital employed | -6.3% | 54.8% | |
| Gearing (liabilities / total assets) | 106.1% | 104.2% | |
| Current ratio | 1.21x | 0.59x | |
| Interest cover | -0.53x | 0.98x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PBG Associates Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above assessment, the Directors believe that the Company will continue to operate successfully for the foreseeable future and will be able to meet its liabilities as and when they fall due”
Group structure
- DOUBLE NEGATIVE LIMITED · parent
- Double Negative Canada Productions Ltd 100%
- Double Negative Hungary Limited 100%
- DNEG Spain, S.L. 100%
- DNEG Australia Pty Ltd 100%
- DNEG Australia Productions PTY ltd 100%
Significant events
- “On April 22, 2025, the Company has extended tenure of its existing term loan and revolving debt facilities till June 2026 and also secured additional $50 million of revolving credit facilities which is non-adjusting subsequent event and has been disclosed for information purposes only.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DIGHE, Bharat Shashikumar | Director | 2024-11-27 | Aug 1969 | Indian |
| MALHOTRA, Namit | Director | 2017-10-16 | Apr 1976 | Indian |
| PFLUG, Christopher Ryan | Director | 2025-04-11 | May 1976 | American |
| RATHEE, Vikas | Director | 2017-10-16 | Sep 1973 | American |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLBEN, Matthew Seymour | Secretary | 2002-01-31 | 2016-03-07 |
| HOWLE, Michael Anthony | Secretary | 1997-02-24 | 2002-01-31 |
| DERRINGTONS LIMITED | Corporate Secretary | 2016-03-07 | 2019-08-08 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-02-24 | 1997-02-24 |
| BEVAN, Timothy John | Director | 1997-02-24 | 2001-03-30 |
| CHIANG, Peter Jong-Shown | Director | 1998-10-20 | 2016-10-26 |
| EATON, Andrew Campbell | Director | 1997-02-24 | 1998-03-10 |
| FELLNER, Eric Nigel | Director | 1997-02-24 | 1998-06-30 |
| HALAMA, Mark Antoni | Director | 1998-10-20 | 2001-03-30 |
| HOLBEN, Matthew Seymour | Director | 2002-01-31 | 2019-11-21 |
| HOPE, Alexander Archibald Douglas | Director | 2002-01-31 | 2019-11-21 |
| JONES, Robert Howard | Director | 1997-02-24 | 1998-03-10 |
| SRINIVASAN, Kodi Raghavan, Mr. | Director | 2024-03-26 | 2024-09-16 |
| WINTERBOTTOM, Michael | Director | 1997-02-24 | 1998-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Double Negative Films Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-03-30 | Active |
| Double Negative Holdings Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 168 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | AA | accounts | Accounts with accounts type full | |
| 2025-10-27 | AD02 | address | Change sail address company with old address new address | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-21 | AA | accounts | Accounts with accounts type full | |
| 2024-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-05 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-11 | AA | accounts | Accounts with accounts type full | |
| 2023-03-29 | CH01 | officers | Change person director company with change date | |
| 2023-01-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-64.5%
£54,896,000 £19,494,000
-
Cash
+46.4%
£8,751,000 £12,809,000
-
Net assets
+23.5%
-£26,247,000 -£20,087,000
-
Employees
-28.9%
741 527
-
Operating profit
+327.4%
-£18,222,000 £41,431,000
-
Profit before tax
+121.6%
-£43,857,000 £9,476,000
-
Wages
-22.2%
£41,382,000 £32,190,000
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