AMAZON DEVELOPMENT CENTRE (LONDON) LIMITED

1. AMAZON DEVELOPMENT CENTRE (LONDON) LIMITED 2012-06-29 → present
2. PUSH BUTTON LIMITED 2002-09-24 → 2012-06-29

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

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“During the year ended 31 December 2024, the Company's operations generated a profit after tax and an increase to net current assets, and are expected to continue to do so, through the Company's principal activity of the provision of contract research and development services to other Amazon group undertakings. As referenced in the Strategic Report on page 6, the Company is dependent on, and contributes to, the continued success of the Amazon.com, Inc. group. The directors have concluded that the Amazon.com, Inc. group, based on its reported results, has sufficient financial resources to support the Company either by providing financial and operational services to support its activities, or by continuing its investment in the Company's operations, but only to the extent that the Company is not otherwise able. This is provided through operational service contracts with group undertakings as well as financial support provided in the form of, for example, cash pooling arrangements, loans from group undertakings and equity contributions. The directors have a reasonable expectation that the Company has adequate resources to continue as an operational business for the foreseeable future, being twelve months from the approval of the financial statements (until the end of February 2026, being the going concern period). This period. is deemed appropriate due to the nature of the principal activities of the business and Amazon.com, Inc.'s ongoing commitment and proven ability to support the Company's operations. The financial statements have therefore been prepared on a going concern basis.”

Significant events

• “On 11 July 2023, the UK enacted new global minimum tax rules to align with the Organization for Economic Co-operation and Development Base Erosion and Profit Shifting ("BEPS") Pillar 2 model rules. The enacted law includes the implementation of multinational top-up tax ("MTUT") and domestic minimum top-up tax ("DTT"). The MTUT and DTT are effective for fiscal years beginning on or after 31 December 2023.”
• “The Company provides contract research and development services to other group undertakings.”
• “The Company's turnover decreased by 3% to £319,292k (2023: £328,581k) and administrative expenses decreased by 1% to £294,475k (2023: £297,300k) driven by decreased headcount.”
• “The Company made an operating profit for the year of £24,817k (2023: £31,281k). The operating results are stated after a share based award expense of £66,503k (2023: £69,307k).”

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

1

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

  -2.8%

  £328,581,000 → £319,292,000

• Cash

  —

  Not reported

• Net assets

  +76.7%

  £128,260,000 → £226,630,000

• Employees

  -6%

  1,560 → 1,466

• Operating profit

  -20.7%

  £31,281,000 → £24,817,000

• Profit before tax

  -13.3%

  £36,800,000 → £31,918,000

• Wages

  -7.3%

  £181,996,000 → £168,674,000

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