HISENSE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-20 (in 3mo)
Last made up 2025-08-06
Watchouts
None on the register
Cash
£49M
+1,360.9% highest in 6 filed years
Net assets
£7M
+62.6% highest in 5 filed years
Employees
101
+16.1% highest in 5 filed years
Profit before tax
£4M
+33.3% highest in 5 filed years
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £102,114,595 | — | £148,839,455 | £213,138,446 | £300,413,904 | £373,825,868 | |
| Operating profit | — | £1,203,971 | — | £1,685,684 | £2,165,496 | £2,836,529 | £3,806,915 | |
| Profit before tax | — | £1,197,398 | — | £1,664,098 | £2,204,231 | £2,824,439 | £3,764,647 | |
| Net profit | — | £964,414 | — | £1,441,030 | £1,737,441 | £2,360,027 | £2,659,900 | |
| Cash | £1,455,309 | £2,933,686 | — | £17,849,635 | £7,651,524 | £3,344,336 | £48,858,218 | |
| Total assets less current liabilities | — | £7,338,209 | — | £10,812,634 | £8,635,916 | £14,111,570 | £19,874,932 | |
| Net assets | — | £4,243,211 | — | £5,639,551 | £1,937,441 | £4,251,958 | £6,911,858 | |
| Equity | £3,322,911 | £4,243,211 | £4,243,211 | £5,639,551 | £1,937,441 | £4,251,958 | £6,911,858 | |
| Average employees | — | 43 | — | 47 | 61 | 87 | 101 | |
| Wages | — | £2,019,508 | — | £2,409,948 | £3,348,371 | £5,241,126 | £6,350,431 | |
| Directors' remuneration | — | £122,333 | — | £234,645 | £260,855 | £195,988 | £606,953 |
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
+24.4%
£300,413,904 £373,825,868
highest in 5 filed years
-
Cash
+1,360.9%
£3,344,336 £48,858,218
highest in 6 filed years
-
Net assets
+62.6%
£4,251,958 £6,911,858
highest in 5 filed years
-
Employees
+16.1%
87 101
highest in 5 filed years
-
Operating profit
+34.2%
£2,836,529 £3,806,915
highest in 5 filed years
-
Profit before tax
+33.3%
£2,824,439 £3,764,647
highest in 5 filed years
-
Wages
+21.2%
£5,241,126 £6,350,431
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 | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.2% | — | 1.1% | 1.0% | 0.9% | 1.0% | |
| Net margin | — | 0.9% | — | 1.0% | 0.8% | 0.8% | 0.7% | |
| Return on capital employed | — | 16.4% | — | 15.6% | 25.1% | 20.1% | 19.2% | |
| Current ratio | — | — | — | — | — | 1.13x | 1.14x | |
| Interest cover | — | 183.17x | — | 46.96x | 641.44x | 234.62x | 50.04x |
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
- HISENSE UK LIMITED 2013-05-01 → present
- HISENSE UK CORPORATION LIMITED 2012-09-28 → 2013-05-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company has a significant net current asset and net asset position as well as a strong cash balance. The Company does not rely on external finance to support its working capital. The Directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future based on the forecasts prepared therefore they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “The company's administration costs increased by 28.53% mainly driven by a rise in rental and property management expenses because of the office relocation.”
- “Debtors decreased by 30.23% to £49.8m, primarily due to efforts to accelerate customer payments before year-end by offering discounts for early settlements.”
- “During 2024, the company ensured compliance with European General Data Protection Regulations (GDPR) and kept up to date with product safety issues arising from the Grenfell tragedy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRINDROD, Howard Peter | Director | 2024-10-31 | Mar 1955 | British |
| HAN, Jianmin | Director | 2025-03-20 | Aug 1971 | Chinese |
| HOU, Lu | Director | 2012-09-28 | Apr 1972 | Chinese |
| HUANG, Peng | Director | 2020-04-01 | Jan 1987 | Chinese |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FANG, Xueyu | Director | 2012-09-28 | 2013-11-12 |
| HAN, Jian Min, Director | Director | 2015-11-23 | 2018-03-21 |
| HE, Hongbo | Director | 2018-03-21 | 2021-08-10 |
| LIN, Lan, Dr | Director | 2012-09-28 | 2021-08-10 |
| LIU, Qinghua | Director | 2013-11-12 | 2015-11-23 |
| ZHU, Dan | Director | 2021-08-10 | 2025-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hisense Europe Holding Gmbh (Vienna) | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2020-07-07 | Ceased 2020-07-07 |
| Hisense Luxembourg Holding S.A.R.L. | Legal person | Shares 75–100% | 2016-04-06 | Ceased 2020-07-07 |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2025-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-06 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-03-06 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-03-05 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-03-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | AA | accounts | Accounts with accounts type full | |
| 2023-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-04-11 | AA | accounts | Accounts with accounts type full | |
| 2021-08-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-17 | TM01 | officers | Termination director company with name termination date |
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.