MOVADO GROUP UK LIMITED
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Cash
£4.9M
+13.2% vs 2025
Net assets
£10M
-10.2% lowest in 3 filed years
Employees
45
-19.6% lowest in 3 filed years
Profit before tax
-£1.2M
+67.4% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £25,820,486 | £24,987,372 | £27,747,128 | +11% | |
| Operating profit | -£6,815,586 | -£3,665,866 | -£1,243,145 | +66.1% | |
| Profit before tax | -£6,830,800 | -£3,618,100 | -£1,179,254 | +67.4% | |
| Net profit | -£5,497,413 | -£4,848,167 | -£1,131,636 | +76.7% | |
| Cash | £7,206,609 | £4,284,129 | £4,851,574 | +13.2% | |
| Total assets less current liabilities | £15,955,195 | £11,107,028 | £9,975,391 | -10.2% | |
| Net assets | £15,955,195 | £11,107,028 | £9,975,392 | -10.2% | |
| Equity | £15,955,195 | £11,107,028 | £9,975,392 | -10.2% | |
| Average employees | 66 | 56 | 45 | -19.6% | |
| Wages | £3,657,793 | £3,283,038 | £2,698,981 | -17.8% | |
| Directors' remuneration | — | — | — | — |
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 | 2024-01-31 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|
| Operating margin | -26.4% | -14.7% | -4.5% | |
| Net margin | -21.3% | -19.4% | -4.1% | |
| Return on capital employed | -42.7% | -33.0% | -12.5% | |
| Current ratio | 2.55x | 2.49x | 2.52x | |
| Interest cover | — | -15.02x | — |
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 2 times since incorporation
- MOVADO GROUP UK LIMITED 2017-09-08 → present
- MGS DISTRIBUTION LIMITED 2007-05-09 → 2017-09-08
- COVERMAT LIMITED 2007-03-26 → 2007-05-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes that the Company will continue in operational existence for the foreseeable future, being a period of at least twelve months from the date of signing this report.”
Significant events
- “FY26 represents a year of significant operational improvement, with strong revenue growth and disciplined cost management substantially reducing losses.”
- “During the year ended 31 January 2026 a store was closed in June 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SUSSIS, Mitchell | Secretary | 2016-10-17 | — | — |
| DEMARSILIS, Sallie | Director | 2013-01-30 | May 1964 | American |
| FARQUHARSON, Richard Graham Spencer | Director | 2025-02-19 | Oct 1965 | Swiss |
| SUSSIS, Mitchell Cole, Mr. | Director | 2025-05-07 | Dec 1964 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MICHNO, Timothy Francis | Secretary | 2013-01-30 | 2014-08-15 |
| YIP, Gerard | Secretary | 2007-05-03 | 2013-01-30 |
| 7SIDE SECRETARIAL LIMITED | Corporate Secretary | 2007-03-26 | 2007-05-03 |
| BRYDON, Stephen | Director | 2007-05-03 | 2013-01-30 |
| GAUDERLOT, Xavier | Director | 2007-05-03 | 2025-05-07 |
| HALPIN, James | Director | 2007-05-03 | 2013-01-30 |
| MICHNO, Timothy Francis | Director | 2013-01-30 | 2014-08-15 |
| SCHULZ, Jochen | Director | 2014-07-21 | 2025-02-19 |
| SHEPPARD, Keith Ronald | Director | 2007-05-03 | 2013-01-30 |
| 7SIDE NOMINEES LIMITED | Corporate Director | 2007-03-26 | 2007-05-03 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type full | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-07 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-17 | CH01 | officers | Change person director company with change date | |
| 2023-01-31 | AA | accounts | Accounts with accounts type full | |
| 2022-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-28 | AA | accounts | Accounts with accounts type full | |
| 2022-02-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-05 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-01-04 | GAZ1 | gazette | Gazette notice compulsory | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-15 | AA | accounts | Accounts with accounts type full |
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.