INTERNATIONAL COPYRIGHT ENTERPRISE SERVICES LIMITED

1. INTERNATIONAL COPYRIGHT ENTERPRISE SERVICES LIMITED 2015-07-20 → present
2. AURORA MUSIC LIMITED 2014-04-07 → 2015-07-20

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and there are no subsequent events which alter this view. The directors have considered the future expected cashflows of the Company under stress test scenario planning and consider that the Company has sufficient future expected cashflows. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. INTERNATIONAL COPYRIGHT ENTERPRISE SERVICES LIMITED · parent
   1. ICE International Copyright Enterprise Germany GmbH · Germany
   2. ICE Operations AB · Sweden

Significant events

• “ICE Ltd reached the milestone of over €1 billion in royalty distributions paid out to rightsholders in a single calendar year.”
• “Project Skate, a corporate restructuring programme aimed at further improving the financial governance, strategy and profitability of the ICE Group, was progressed through 2024.”
• “The Online profit split with the Company will be updated from 1 January 2025 as part of the contractual tri-annual process, with a slightly higher percentage of Online profit being attributable to ICE GmbH.”
• “A further working capital loan agreement of EUR 15,000k from the Company to ICE GmbH has been approved by the Joint Board on 31 March 2025.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +2.5%

  £53,996,186 → £55,337,205

• Cash

  -23.5%

  £51,932,212 → £39,732,143

• Net assets

  +34%

  £32,771,325 → £43,915,569

• Employees

  +17.8%

  101 → 119

• Operating profit

  +3.7%

  £12,103,849 → £12,553,745

• Profit before tax

  +15%

  £13,007,108 → £14,955,791

• Wages

  +26.2%

  £8,708,391 → £10,992,545

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