MONDRIAN LIMITED
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Next accounts due
2026-09-28 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-06 (in 3mo)
Last made up 2025-07-23
Watchouts
None on the register
Cash
£474K
-76.2% vs 2023
Net assets
£9M
+1.2% vs 2023
Employees
28
-12.5% vs 2023
Profit before tax
£812K
+1,545.4% first positive since 2023
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £15,615,113 | — | £23,018,736 | — | £25,573,805 | — | £29,895,339 | £24,122,301 | |
| Operating profit | — | £1,589,863 | — | £1,908,849 | — | £1,812,365 | — | £119,253 | £1,143,106 | |
| Profit before tax | — | £1,519,792 | — | £385,112 | — | £981,296 | — | -£56,173 | £811,941 | |
| Net profit | — | £1,770,815 | — | £282,311 | — | £683,164 | — | -£376,716 | £609,889 | |
| Cash | — | £11,199,918 | — | £1,979,972 | — | £472,621 | — | £1,994,665 | £473,833 | |
| Total assets less current liabilities | — | £23,348,255 | — | £19,898,696 | — | £20,516,367 | — | £18,784,328 | £18,279,706 | |
| Net assets | — | £10,027,910 | — | £9,993,200 | — | £10,332,441 | — | £8,849,088 | £8,952,975 | |
| Equity | £11,663,031 | £10,027,910 | £10,027,910 | £9,993,200 | £9,993,200 | £10,332,441 | £9,466,107 | £8,849,088 | £8,952,975 | |
| Average employees | — | 9 | — | 19 | — | 25 | — | 32 | 28 | |
| Wages | — | £407,098 | — | £746,287 | — | £1,103,379 | — | £1,513,211 | £2,014,259 | |
| Directors' remuneration | — | £10,000 | — | £16,520 | — | £41,301 | — | £44,192 | £106,800 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-19.3%
£29,895,339 £24,122,301
-
Cash
-76.2%
£1,994,665 £473,833
-
Net assets
+1.2%
£8,849,088 £8,952,975
-
Employees
-12.5%
32 28
-
Operating profit
+858.6%
£119,253 £1,143,106
-
Profit before tax
+1,545.4%
-£56,173 £811,941
first positive since 2023
-
Wages
+33.1%
£1,513,211 £2,014,259
highest in 5 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 10.2% | — | 8.3% | — | 7.1% | — | 0.4% | 4.7% | |
| Net margin | — | 11.3% | — | 1.2% | — | 2.7% | — | -1.3% | 2.5% | |
| Return on capital employed | — | 6.8% | — | 9.6% | — | 8.8% | — | 0.6% | 6.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | 86.5% | 87.5% | |
| Current ratio | — | — | — | — | — | — | — | 1.20x | 1.16x | |
| Interest cover | — | 22.11x | — | 4.21x | — | 5.06x | — | 0.28x | 1.98x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Nyman Libson Paul LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Directors have prepared cashflow projections for the Company covering a period of at least 12 months from the date of approval of these financial statements and the Directors consider the Company will be able to operate within its available facilities. Therefore, the financial statements have been prepared on a going concern basis, which the Directors believe to be appropriate.”
Group structure
- MONDRIAN LIMITED · parent
- Carpenters Workshop Gallery LLC New York 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LE GAILLARD, Loic | Secretary | 1998-09-02 | — | French |
| LE GAILLARD, Loic Pierre | Director | 1998-09-02 | Jul 1971 | French |
| LOMBRAIL, Julien | Director | 2006-08-01 | Aug 1978 | French |
| VAHANIAN, Marie | Director | 2024-12-24 | May 1984 | French |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ACI LTD | Corporate Secretary | 1998-09-02 | 1998-09-02 |
| LE GAILLARD, Alain | Director | 1998-09-02 | 2006-08-01 |
| AC2 LIMITED | Corporate Director | 1998-09-02 | 1998-09-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Carpenters Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-23 | Active |
| Mr Loic Le Gaillard | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-07-23 |
| Mr Julien Lombrail | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-07-23 |
Filing timeline
Last 20 of 114 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-16 MA Memorandum articles
- 2024-08-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | MA | incorporation | Memorandum articles | |
| 2024-08-16 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-17 | AA | accounts | Accounts with accounts type full | |
| 2023-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-13 | AA | accounts | Accounts with accounts type full | |
| 2022-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-26 | CH01 | officers | Change person director company with change date | |
| 2021-11-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-11-03 | AA | accounts | Accounts with accounts type group | |
| 2021-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-22 | CH01 | officers | Change person director company with change date | |
| 2021-04-28 | CH01 | officers | Change person director company with change date | |
| 2020-12-23 | AA | accounts | Accounts with accounts type full | |
| 2020-09-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-09-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.