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Cash

£11M

-21.5% vs 2023

Net assets

£36M

-5.1% vs 2023

Employees

264

+4.3% vs 2023

Profit before tax

£107K

-97.8% vs 2023

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £50,787,000£48,863,000 -3.8%
Operating profit £4,527,000-£865,000 -119.1%
Profit before tax £4,799,000£107,000 -97.8%
Net profit £3,214,000-£379,000 -111.8%
Cash £14,622,000£11,483,000 -21.5%
Total assets less current liabilities £37,666,000£35,743,000 -5.1%
Net assets £37,666,000£35,743,000 -5.1%
Equity £37,666,000£35,743,000 -5.1%
Average employees 253264 +4.3%
Wages £12,985,000£13,212,000 +1.7%
Directors' remuneration £232,000£214,000 -7.8%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 8.9%-1.8%
Net margin 6.3%-0.8%
Return on capital employed 12.0%-2.4%
Current ratio 2.83x2.65x
Interest cover 13.39x-3.67x

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.

Name history

Renamed 1 time since incorporation

  1. THAMES & HUDSON (HOLDINGS) LIMITED 1985-12-16 → present
  2. SWIFT 637 LIMITED 1985-09-20 → 1985-12-16

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In view of the above and given the currently available cash reserves, the directors have every confidence that the Group and the Company can continue in operational existence for the foreseeable future. It is on this basis that the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

  1. THAMES & HUDSON (HOLDINGS) LIMITED · parent
    1. Thames & Hudson Publishing Limited 100% · England · book publishing and distribution
    2. Editions Thames & Hudson SARL 100% · France · book publishing and distribution
    3. The Arts Circle Limited 100% · England · dormant
    4. Thames & Hudson Australia Pty Limited 100% · Australia · book publishing, selling and distribution
    5. Interart UARL 100% · France · book publishing, selling and distribution
    6. Thames & Hudson (S) Pte Limited 100% · Singapore · book selling and distribution
    7. Thames & Hudson Asia Limited 100% · Hong Kong · book selling and distribution
    8. Arts Distributors Limited 100% · England · holding company of Interart UARL
    9. Asia Publishers Services Limited 100% · Hong Kong · book selling and distribution
    10. Thames & Hudson Distributors Limited 100% · England · dormant
    11. Thames & Hudson International Limited 100% · England · dormant
    12. Thames & Hudson Digital Limited 100% · England · dormant

Significant events

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

People

5 active · 9 resigned

Name Role Appointed Born Nationality
MEADES, Peter Secretary 2016-09-01
FEUCHTWANG, Anna Director 2016-09-09 Mar 1964 British
KAINE, Constance Margaret Director Aug 1938 British
NEURATH, Johanna Mikaela Director 2008-10-07 Mar 1963 British
REISZ NEURATH, Susanna Andrea Director 2008-10-07 Nov 1965 British
Show 9 resigned officers
Name Role Appointed Resigned
BATES, Eric Secretary 2001-08-01
MEEK, Brian Secretary 2001-08-01 2016-09-01
BATES, Eric Director 1996-03-01 2008-03-01
FEUCHTWANG, Stephan Director 2016-09-09 2025-10-13
FLOOD, Timothy James Director 2001-06-30
FORSTER, Sarah Louise Director 2012-02-01 2014-07-30
MEADES, Peter Director 2001-08-01 2011-02-08
NEURATH, Eva Urvasi Director 1999-12-27
NEURATH, Thomas Michael Director 2025-06-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Jean Jacques Chalopin Individual Significant influence (as trust) 2023-02-28 Active

Filing timeline

Last 20 of 125 total filings

Date Type Category Description
2025-12-12 AA accounts Accounts with accounts type group
2025-10-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-13 TM01 officers Termination director company with name termination date PDF
2025-06-18 TM01 officers Termination director company with name termination date PDF
2025-03-11 AD01 address Change registered office address company with date old address new address PDF
2025-02-25 AA accounts Accounts with accounts type group
2024-10-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-11 AA accounts Accounts with accounts type group
2023-03-01 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2023-03-01 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2022-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-06 AA accounts Accounts with accounts type group
2021-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-02 AA accounts Accounts with accounts type group
2020-12-23 AA accounts Accounts with accounts type group
2020-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-17 CS01 confirmation-statement Confirmation statement with updates PDF
2019-10-01 AA accounts Accounts with accounts type group
2018-10-11 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page