SPITFIRE AUDIO HOLDINGS LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SPITFIRE AUDIO HOLDINGS LIMITED 2016-04-09 → present
2. SPITFIRE HOLDINGS LIMITED 2015-11-05 → 2016-04-09

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group and company have adequate resources to continue in existence for at least the next 12 months following the approval of these accounts. Cashflow forecasts have been prepared showing that the group will be reliant on its US parent for financial and other support services. Distributed Creation Inc. has indicated its willingness to provide financial support to the group for the foreseeable future, which is not less than 12 months from the date of the signing of the financial statements for the group, to enable the group to pay its debts as they fall due. The directors have satisfied themselves that Distributed Creation Inc. has the ability to provide the support pledged. As a consequence, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. SPITFIRE AUDIO HOLDINGS LIMITED · parent
   1. Spitfire Audio Inc 100% · USA · Digital music technology
   2. Spitfire Audio BV 100% · Amsterdam · Digital music technology

Significant events

• “Subsequent to the year end, on 23 April 2025, the shareholders of SAHL completed the sale of their entire shareholding to Distributed Creation UK Limited, a wholly owned subsidiary of DCI.”

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

Filings

4

last 12 months

Capital events

1

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

  +3.4%

  £13,032,086 → £13,478,923

• Cash

  -26%

  £4,473,728 → £3,308,424

• Net assets

  -7.1%

  £13,308,548 → £12,360,514

• Employees

  -13.2%

  91 → 79

• Operating profit

  +49.6%

  -£2,243,722 → -£1,129,738

• Profit before tax

  +39.6%

  -£2,037,918 → -£1,230,449

• Wages

  -14.2%

  £5,700,596 → £4,891,585

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