INTEL RESEARCH AND DEVELOPMENT UK LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net current asset of $30,126,832 (2023: $22,494,010) as set out in the statement of financial position on page 23. The Company also has a cash balance of $4,391,316 (2023: $3,713,979) and short-term receivable from the in-house cash pooling arrangement of $27,222,502 (2023: $12,236,228). The increase in short-term receivable from the Company's cost-plus model. In assessing whether the going concern basis is appropriate, the directors take into account all available information about the future, up to and including end of September 2026, which is 12 months from the date of the approval of these financial statements. The directors have performed this review at a company level and have concluded that it does not impact the going concern of the business. Thus, they continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. INTEL RESEARCH AND DEVELOPMENT UK LIMITED · parent
   1. Codeplay Software Limited 100% · Research and development

Significant events

• “On 4 October 2024, Intel Corporation, the ultimate holding company of the Company had signed an agreement with Altera Corporation to transfer certain assets and liabilities of or related to Altera Business and the transfer is expected to be completed in 2025.”
• “On 1 January 2025, the Company entered into an asset transfer agreement with Altera Semiconductor Technology UK Limited to transfer its Altera Business for a total sale consideration of £137,000 equivalent to $183,568. The business transfer was completed and effective on the same date.”
• “In July 2025, an internal strategic decision was made to wind down the operations of Codeplay Software Limited, a wholly-owned subsidiary of the Company. This decision was made after the reporting date and relates to conditions that arose after the reporting date.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -4.2%

  £52,739,404 → £50,547,239

• Cash

  +18.2%

  £2,753,135 → £3,255,238

• Net assets

  +19.5%

  £26,751,619 → £31,970,437

• Employees

  -5.4%

  258 → 244

• Operating profit

  -1.4%

  £10,067,333 → £9,922,822

• Profit before tax

  +191.9%

  £3,658,070 → £10,679,420

• Wages

  -1.4%

  £28,676,178 → £28,272,383

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