FOCUSRITE PLC
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Next accounts due
2026-08-31 (in 3mo)
Last filed for 2024-08-31
Confirmation statement due
2026-11-19 (in 6mo)
Last made up 2025-11-05
Watchouts
None on the register
Cash
£22M
-17.7% vs 2023
Net assets
£115M
-2.9% vs 2023
Employees
282
+20% vs 2023
Profit before tax
£3M
-89% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £178,548,000 | £158,524,000 | |
| Operating profit | £24,343,000 | £5,695,000 | |
| Profit before tax | £22,748,000 | £2,513,000 | |
| Net profit | £17,797,000 | £2,608,000 | |
| Cash | £26,787,000 | £22,040,000 | |
| Total assets less current liabilities | £122,342,000 | £110,484,000 | |
| Net assets | £118,452,000 | £115,058,000 | |
| Equity | £118,452,000 | £115,058,000 | |
| Average employees | 235 | 282 | |
| Wages | £31,763,000 | £29,791,000 |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 13.6% | 3.6% | |
| Net margin | 10.0% | 1.6% | |
| Return on capital employed | 19.9% | 5.2% | |
| Gearing (liabilities / total assets) | 41.9% | 43.3% | |
| Current ratio | 1.41x | 1.18x | |
| Interest cover | 10.29x | 1.74x |
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
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statements on the going concern basis. The Directors confirm that they have a reasonable expectation that the Group will have adequate resources to continue in operational existence for at least 12 months from the date of approval of the financial statements.”
Group structure
- FOCUSRITE PLC · parent
- Focusrite Audio Engineering Limited (FAEL) 100%
- Focusrite Group EMEA Ltd 100%
- Focusrite Group USA 100%
- Focusrite Australia PTY Limited 100%
- Focusrite Holdings GmbH 100%
- ADAM Audio GmbH 100%
- Dongguan ADAM Audio Equipment Company Limited 100%
- Optimal Audio Group Limited 100%
- Martin Audio Limited 100%
- Linea Research Holdings Ltd 100%
- Linea Research Limited 100%
- Herts & Beds Electronic Services Limited 100%
- Aylesford Court (Letchworth) Management Company Ltd 40%
- Sheriff Technology Limited 100%
- Innovate Audio Limited 100%
- Sonnox Limited 100%
- Focusrite Investments Inc. 100%
- Sequential LLC 100%
- Marion Systems LLC 0%
- Sequential Synths Limited 100%
Significant events
- “In December 2023, Focusrite Group acquired Sheriff Technologies, the company behind two key brands in the immersive sound and rigging motor control markets: TiMax and OutBoard.”
- “In June 2024, the acquisition of Innovate Audio, whose cutting-edge panLab suite for immersive audio, will now enhance the TiMax offering, was completed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GODRICH, Francine | Secretary | 2019-01-01 | — | — |
| BARKSHIRE, Ian Richard, Dr | Director | 2026-03-02 | Nov 1965 | British |
| BEZEM, David Charles | Director | 2014-12-11 | Sep 1960 | British |
| BUTTERWORTH, Michael Guy | Director | 2022-01-01 | Apr 1961 | British |
| CARROLL, Timothy Paul | Director | 2017-01-01 | Jan 1962 | American |
| CLIMER, Naomi Wendy | Director | 2018-05-25 | Dec 1964 | British |
| DUDDERIDGE, Philip Stephen | Director | 2014-11-14 | Feb 1949 | British |
| MCKONE, Sally Ann | Director | 2021-03-01 | Mar 1968 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WARRINER, Michael Francis Giles | Secretary | 2014-11-14 | 2016-04-22 |
| PRISM COSEC LIMITED | Corporate Secretary | 2016-04-22 | 2019-01-01 |
| DEAN, Paul David | Director | 2014-12-11 | 2021-12-31 |
| FROKER, David Rollins | Director | 2014-11-14 | 2016-12-31 |
| WILSON, Jeremy Michael Charles | Director | 2014-12-11 | 2021-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Jennifer Anne Dudderidge | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Philip Stephen Dudderidge | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 77 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-06 RESOLUTIONS Resolution
- 2024-02-01 RESOLUTIONS Resolution
- 2023-02-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-05 | CH01 | officers | Change person director company with change date | |
| 2025-03-25 | CH01 | officers | Change person director company with change date | |
| 2025-02-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-11 | AA | accounts | Accounts with accounts type group | |
| 2024-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-07 | AA01 | accounts | Change account reference date company current extended | |
| 2024-02-01 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-22 | AA | accounts | Accounts with accounts type group | |
| 2023-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-19 | AA | accounts | Accounts with accounts type group | |
| 2023-02-14 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-08 | AA | accounts | Accounts with accounts type group | |
| 2022-01-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31
-
Turnover
-11.2%
£178,548,000 £158,524,000
-
Cash
-17.7%
£26,787,000 £22,040,000
-
Net assets
-2.9%
£118,452,000 £115,058,000
-
Employees
+20%
235 282
-
Operating profit
-76.6%
£24,343,000 £5,695,000
-
Profit before tax
-89%
£22,748,000 £2,513,000
-
Wages
-6.2%
£31,763,000 £29,791,000
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