Parlophone is a record label which was founded in Germany prior to World War I by the Carl Lindstrom Company. The "£" trademark is not the British pound sign, it's a German "L" for Lindstrom. During the war, the Transoceanic Trading Company was set up in the Netherlands to look after its overseas assets. In the 1920s, Parlophone had a master leasing arrangement with United States based Okeh Records. In 1927, Columbia Graphophone of the United Kingdom acquired a controlling interest in the Carl Lindstrom Company and thereby in Parlophone. In 1931, Columbia merged with The Gramophone Company to form EMI.
Their next audition was later in the year for ParlophoneRecords, and after several takes of a cover song called "Besame Mucho," they played this, which got them their first record deal.
When they played this for ParlophoneRecords, the producer they auditioned for was George Martin, who became a key figure in Beatles history as he helped shape their sound.
When they recorded this on Sept. 4, Ringo was their drummer, but when George Martin decided this would be the single, he had them record it again a week later.