HMY UK INNOVATION IN RETAIL LTD
Get an alert when HMY UK INNOVATION IN RETAIL LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£930k
-44.4% lowest in 6 filed years
Net assets
£3.3m
-27.4% first positive since 2020
Employees
59
0% vs 2024
Profit before tax
-£1.2m
-302.3% lowest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
Following a strategic review undertaken during 2026 after the year end, the decision was made to cease trading through the Company and consolidate operations within ITAB UK Ltd. Accordingly, the directors concluded that preparation of the financial statements on a going concern basis was no longer appropriate.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
Going-concern uncertainty disclosed
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £10,558,000 | £16,507,000 | £17,532,000 | £17,485,000 | £17,175,000 | £15,189,000 | -11.6% | |
| Operating profit | -£185,000 | £1,289,000 | £1,463,000 | £1,373,000 | £369,000 | -£1,158,000 | -413.8% | |
| Profit before tax | -£840,000 | £13,441,000 | £1,453,000 | -£126,000 | -£309,000 | -£1,243,000 | -302.3% | |
| Net profit | -£840,000 | £13,441,000 | £1,453,000 | -£126,000 | -£309,000 | -£1,243,000 | -302.3% | |
| Cash | £2,001,000 | £4,016,000 | £3,563,000 | £2,207,000 | £1,674,000 | £930,000 | -44.4% | |
| Total assets less current liabilities | -£4,765,000 | £3,514,000 | £4,967,000 | £4,841,000 | £4,532,000 | £3,289,000 | -27.4% | |
| Net assets | -£9,927,000 | £3,514,000 | — | £4,841,000 | £4,532,000 | £3,289,000 | -27.4% | |
| Equity | — | £3,514,000 | £4,967,000 | £4,841,000 | £4,532,000 | £3,289,000 | -27.4% | |
| Average employees | 68 | 64 | 60 | 60 | 59 | 59 | 0% | |
| Wages | £2,392,000 | £2,487,000 | £2,544,000 | £2,702,000 | £2,565,000 | £1,999,000 | -22.1% | |
| Directors' remuneration | £231,000 | £266,000 | £390,000 | £115,000 | £128,000 | £149,000 | +16.4% | |
| Directors' pension contributions | — | — | — | £13,000 | £13,000 | £16,000 | +23.1% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -1.8% | 7.8% | 8.3% | 7.9% | 2.1% | -7.6% | |
| Net margin | -8.0% | 81.4% | 8.3% | -0.7% | -1.8% | -8.2% | |
| Return on capital employed | — | 36.7% | 29.5% | 28.4% | 8.1% | -35.2% | |
| Gearing (liabilities / total assets) | 267.6% | 55.2% | — | 43.7% | 57.2% | 62.2% | |
| Current ratio | — | — | — | 1.95x | 1.54x | 1.40x | |
| Interest cover | -0.66x | 20.46x | — | 57.21x | 21.71x | — |
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 3 times since incorporation
- HMY UK INNOVATION IN RETAIL LTD 2016-11-21 → present
- RADFORD HMY GROUP LIMITED 2009-03-03 → 2016-11-21
- RADFORD SHELVING LIMITED 2006-06-06 → 2009-03-03
- DE FACTO 1373 LIMITED 2006-05-19 → 2006-06-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“Following a strategic review undertaken during 2026 after the year end, the decision was made to cease trading through the Company and consolidate operations within ITAB UK Ltd. Accordingly, the directors concluded that preparation of the financial statements on a going concern basis was no longer appropriate.”
Significant events
- “Since the year end, following a review of operations across the Group, the directors concluded the Company was no longer viable and formally decided to cease trading. The company has recognised a redundancy provision of £0.5m in respect of employee termination costs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHOREY, Timothy James | Secretary | 2026-03-18 | — | — |
| HELMERSSON, Andreas Per Erik | Director | 2026-03-18 | Aug 1985 | Swedish |
| HUGHES, Nicholas David | Director | 2025-02-19 | Oct 1969 | British |
| JONES, Stephen Mark | Director | 2026-03-18 | Apr 1973 | British |
| SHOREY, Timothy James | Director | 2026-03-18 | Dec 1979 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIGAULT DE CRISENOY, Dominique | Secretary | 2006-06-06 | 2006-08-01 |
| GIMENO EMPERADOR, Carlos | Secretary | 2019-10-01 | 2021-08-27 |
| MONGUILOD POLA, Carlos | Secretary | 2021-09-29 | 2026-03-18 |
| SCARR, Michael Jonathon | Secretary | 2006-08-01 | 2018-05-31 |
| SMITH, Ian Martin | Secretary | 2018-05-31 | 2019-10-01 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Secretary | 2006-05-19 | 2006-06-06 |
| CEGLIA, Walter | Director | 2020-09-01 | 2025-02-19 |
| GEEKIE, Stuart Archer | Director | 2014-11-07 | 2022-12-05 |
| GOULET, Joel Bernard | Director | 2006-06-06 | 2008-10-01 |
| GUTIERREZ GOMEZ, Juan Antonio | Director | 2019-09-17 | 2021-01-21 |
| HAY, Nicholas James | Director | 2006-08-01 | 2014-11-07 |
| HEDON, Francois Xavier | Director | 2008-10-01 | 2012-11-29 |
| MARIN VILLAMAYOR, Ignacio Gabriel | Director | 2012-11-29 | 2019-01-21 |
| MOSTRUP, Annja Maiken | Director | 2021-01-21 | 2026-03-18 |
| RENAULT, Gerard | Director | 2006-06-06 | 2018-10-26 |
| RICKABY, John Peter | Director | 2022-12-05 | 2026-03-18 |
| SOUTHARN, James Andrew Gordon | Director | 2018-10-26 | 2019-09-17 |
| TALDU, Gilles Jean-Louis | Director | 2019-01-21 | 2020-08-31 |
| TRAVERS SMITH LIMITED | Corporate Director | 2006-05-19 | 2006-06-06 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Director | 2006-05-19 | 2006-06-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hmy Sas | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-22 | AA | accounts | Accounts with accounts type full | |
| 2026-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-05 | CH01 | officers | Change person director company with change date | |
| 2025-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-05 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 3
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.