LE CREUSET U.K. LIMITED
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Cash
£12m
+56% vs 2023
Net assets
£28m
+6.2% vs 2023
Employees
362
+14.6% vs 2023
Profit before tax
£2.1m
+62.1% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £48,683,000 | £62,559,000 | +28.5% | |
| Operating profit | £1,359,000 | £2,920,000 | +114.9% | |
| Profit before tax | £1,294,000 | £2,097,000 | +62.1% | |
| Net profit | £792,000 | £1,608,000 | +103% | |
| Cash | £7,955,000 | £12,409,000 | +56% | |
| Total assets less current liabilities | £34,657,000 | £37,421,000 | +8% | |
| Net assets | £26,000,000 | £27,608,000 | +6.2% | |
| Equity | £26,000,000 | £27,608,000 | +6.2% | |
| Average employees | 316 | 362 | +14.6% | |
| Wages | £7,909,000 | £8,705,000 | +10.1% | |
| Directors' remuneration | £506,000 | £546,000 | +7.9% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.8% | 4.7% | |
| Net margin | 1.6% | 2.6% | |
| Return on capital employed | 3.9% | 7.8% | |
| Gearing (liabilities / total assets) | 47.6% | 48.2% | |
| Current ratio | 2.57x | 2.59x | |
| Interest cover | 3.21x | 2.89x |
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
- LE CREUSET U.K. LIMITED 1994-06-27 → present
- KITCHENWARE MERCHANTS LIMITED(THE) 1985-08-02 → 1994-06-27
- CLARBAT LIMITED 1948-08-17 → 1985-08-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The current UK economic conditions with higher inflation, higher interest rates and the pressure on disposable income will no doubt affect us in the short term, however the company has a strong brand, with a strong balance sheet and cash position, which will be the basis for investment in the brand and our future growth strategy. The retail trading environment is very fast moving...”
Significant events
- “Elizabeth David Limited entered into voluntary liquidation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEARNS, Mark Justin | Secretary | 2014-09-15 | — | — |
| TIBBIT, Lee Matthew | Director | 2026-03-20 | Aug 1983 | British |
| TORRE, Luc Marie Arthur | Director | 2013-05-09 | May 1956 | Belgian |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGELL, Paul Jeffrey | Secretary | 2007-03-05 | 2014-09-15 |
| BEEKEN, Karen Michelle | Secretary | 1998-06-01 | 2005-10-28 |
| DIVALL, Keith Eric | Secretary | 2005-10-29 | 2007-03-05 |
| DIVALL, Keith Eric | Secretary | — | 1998-06-01 |
| ANGELL, Paul Jeffrey | Director | 2007-03-05 | 2014-09-15 |
| BEEKEN, Karen Michelle | Director | 2000-07-14 | 2005-10-28 |
| COURTIOUR, Jonathan Mark | Director | 1999-03-29 | 2002-03-29 |
| DIVALL, Keith Eric | Director | — | 2009-03-18 |
| INFELD, Gregers | Director | 2006-06-15 | 2007-01-26 |
| INFELD, Gregers | Director | 2006-06-15 | 2006-06-15 |
| MARFLEET, Stephen | Director | — | 2006-07-18 |
| PUTTOCK, Ian Lionel | Director | — | 1994-03-21 |
| RYDER, Nick Andrew | Director | 2002-10-08 | 2025-05-16 |
| SCHEEPERS, Michael Frans | Director | 2018-10-31 | 2025-04-28 |
| SQUIRE, Nicholas | Director | 1996-01-01 | 1998-08-31 |
| SWORDER, Geoffrey Michael | Director | — | 2013-05-09 |
| VAN ZUYDAM, Paul Johanes | Director | — | 1997-03-31 |
| VAN ZUYDAM, Simon | Director | 2016-01-04 | 2018-10-31 |
| WHEATON, Gavin John | Director | 1996-10-01 | 2013-05-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Le Creuset Holding Ltd | Corporate entity | Significant influence, Significant influence (as firm) | 2021-11-26 | Active |
| Ms Natalia Calvo Garasa | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2021-11-26 |
Filing timeline
Last 20 of 153 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-12-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-08-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2021-11-26 | AA | accounts | Accounts with accounts type full | |
| 2021-11-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-11-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-08 | AA | accounts | Accounts with accounts type full | |
| 2020-12-21 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.