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Company No. 04180703 · Incorporated 15 Mar 2001

Globalfoundries Europe Ltd.

Registered name: GLOBALFOUNDRIES EUROPE LTD.

Part of Government Of The Emirate Of Abu Dhabi group

Globalfoundries Europe Ltd. made £735k revenue and £112k profit in the year to 31 Dec 2024.

Globalfoundries Europe Ltd.’s revenue grew 34% to £735k in the year to 31 Dec 2024, with £112k profit and 3 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
London, London
Age
25 yrs · since 2001
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “GlobalFoundries Singapore Pte. Ltd.”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCapital-lightOperating leverage
Revenue
£735k
Growth ▲34.2%
Profit
£112k
Growth ▲84%
Profit margin
15.3%
Gross 100%
Employees
3
Change 0%
Profit / employee
£37.4k
Revenue/employee £245k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£671k£548k£735k
Gross profit£671k£548k£735k
Operating profit£32k£12.6k£36k
Profit before tax£31.9k£26.1k£151k
Profit after tax£28.2k£61k£112k
Profit (best available)£28.2k£61k£112k
Staff costs£510k£425k—
Employees (average)333
Ratios
Profit margin4.2%11.1%15.3%
Gross margin100%100%100%
Revenue per employee£224k£183k£245k
Profit per employee£9.4k£20.3k£37.4k
Growth (year on year)
Revenue growth—▼18.3%▲34.2%
Profit growth—▲116.5%▲84%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£2.7m£2.9m£2.8m
Net assets£2.8m£2.8m£3m
Fixed assets£558£112£0
Current assets£3m£3.1m£3.1m
Debtors£330k£202k£261k
Deferred income£62.8k£127k£90.1k
SourceAccounts · bulk data Jun 2024Accounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
15.3%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£245k
Revenue ÷ average employees.
Profit per employee
£37.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
12.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
35.5%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲4%
Now £3m
Cash at bank
▼2%
Now £2.8m
Headcount
0%
Now 3
Deferred income
▼29%
Now £90.1k
Fixed assets
▼100%
Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Government Of The Emirate Of Abu Dhabi (registered outside the UK register)ultimate parent75–100%
  2. Globalfoundries Europe Ltd.this company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £112k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.