HEATHERWICK STUDIO LIMITED
Heatherwick Studio Limited is a privately held London-based company, founded by Thomas Heatherwick, specialising in architectural design, urban planning, and landscape architecture for large-scale projects worldwide.
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Cash
£9.6M
+76% vs 2024
Net assets
£42M
+6.1% vs 2024
Employees
221
-5.6% vs 2024
Profit before tax
£3.3M
-28.8% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £42,334,000 | £36,871,000 | -12.9% | |
| Operating profit | £5,008,000 | £3,581,000 | -28.5% | |
| Profit before tax | £4,669,000 | £3,326,000 | -28.8% | |
| Net profit | £3,766,000 | £2,664,000 | -29.3% | |
| Cash | £5,464,000 | £9,617,000 | +76% | |
| Total assets less current liabilities | £58,328,000 | £62,684,000 | +7.5% | |
| Net assets | £39,258,000 | £41,667,000 | +6.1% | |
| Equity | £39,258,000 | £41,667,000 | +6.1% | |
| Average employees | 234 | 221 | -5.6% | |
| Wages | £16,968,000 | £16,664,000 | -1.8% | |
| Directors' remuneration | £9,000 | £10,000 | +11.1% |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 11.8% | 9.7% | |
| Net margin | 8.9% | 7.2% | |
| Return on capital employed | 8.6% | 5.7% | |
| Current ratio | 1.27x | 1.41x | |
| Interest cover | 4.25x | 3.34x |
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
- HEATHERWICK STUDIO LIMITED 2007-03-07 → present
- THOMAS HEATHERWICK STUDIO LTD 2001-03-01 → 2007-03-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis. The director has formed a judgement that there is reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director has concluded that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Group structure
- HEATHERWICK STUDIO LIMITED · parent
- Heatherwick Studio US Inc 100%
- Heatherwick Studio Singapore PTE Ltd 100%
- Heatherwick Studio (Shanghai) Co. Ltd 100%
Significant events
- “In May 2025, the studio installed solar panels to the roof of Making House, its flagship London studio.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KYPROU, Kypros | Secretary | 2023-10-31 | — | — |
| HEATHERWICK, Thomas | Director | 2001-03-01 | Feb 1970 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGOL, Sabeena | Secretary | 2017-07-25 | 2023-10-31 |
| GRANT, David | Secretary | 2013-10-29 | 2017-07-25 |
| MARTIN, Kirsten Chloe | Secretary | 2002-08-02 | 2007-05-08 |
| OKE, Michele | Secretary | 2001-03-01 | 2002-03-31 |
| ROWE, Anna Maisie | Secretary | 2007-05-08 | 2013-10-29 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-03-01 | 2001-03-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-03-01 | 2001-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Thomas Alexander Heatherwick | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-28 | AA | accounts | Accounts with accounts type group | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AA | accounts | Accounts with accounts type group | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-03 | AA | accounts | Accounts with accounts type group | |
| 2023-10-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type group | |
| 2022-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-08 | AA | accounts | Accounts with accounts type group | |
| 2021-07-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-05 | AA | accounts | Accounts with accounts type group | |
| 2020-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-16 | AA | accounts | Accounts with accounts type group | |
| 2019-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.