LEAR CORPORATION (UK) LIMITED
Operating as a UK subsidiary of the global automotive supplier Lear Corporation, the company manufactures automotive seating and coachwork for motor vehicles.
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Cash
£19M
-1.6% vs 2024
Net assets
£69M
+15.1% highest in 3 filed years
Employees
1,550
+5.7% highest in 3 filed years
Profit before tax
£23M
-35.6% lowest in 3 filed years
Watch the reel
Our short-form breakdown of LEAR CORPORATION (UK) LIMITED's latest filing
A challenging year for the UK arm of automotive supplier Lear Corporation, as turnover shrinks and margins thin. 🚗
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £638,539,000 | £708,237,000 | £567,621,000 | -19.9% | |
| Operating profit | £39,632,000 | £33,160,000 | £20,439,000 | -38.4% | |
| Profit before tax | £40,317,000 | £35,791,000 | £23,048,000 | -35.6% | |
| Net profit | £33,007,000 | £26,421,000 | £19,037,000 | -27.9% | |
| Cash | £1,128,000 | £19,689,000 | £19,375,000 | -1.6% | |
| Total assets less current liabilities | £53,461,000 | £59,806,000 | £68,843,000 | +15.1% | |
| Net assets | £53,385,000 | £59,806,000 | — | — | |
| Equity | £53,385,000 | £59,806,000 | £68,843,000 | +15.1% | |
| Average employees | 1,306 | 1,467 | 1,550 | +5.7% | |
| Wages | £57,680,000 | £66,016,000 | £70,317,000 | +6.5% | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.2% | 4.7% | 3.6% | |
| Net margin | 5.2% | 3.7% | 3.4% | |
| Return on capital employed | 74.1% | 55.4% | 29.7% | |
| Current ratio | 1.15x | 1.20x | 1.25x | |
| Interest cover | 54.14x | 78.58x | 70.72x |
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
- LEAR CORPORATION (UK) LIMITED 1996-03-19 → present
- LEAR SEATING (U.K.) LIMITED 1993-06-16 → 1996-03-19
- CHEERYBLE LIMITED 1993-05-14 → 1993-06-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period to 31 May 2027.”
Group structure
- LEAR CORPORATION (UK) LIMITED · parent
- Tacle Seating UK Limited 100%
- Guilford Europe Pension Trustee Limited 90%
Significant events
- “cyber attack on the company's main customer”
- “acquision of Guilford Europe Limited by the company on 1st July 2024”
- “Russia's war against Ukraine since the end of February 2022, along with the ongoing conflicts in the Middle East and Iran are increasing the uncertainty with regard to the economic outlook as the situation remains volatile”
- “announced implementation of US tariffs in April 2025, impacting imports to the USA from the United Kingdom”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2010-12-31 | — | — |
| HENNINGSEN, Martin | Director | 2008-10-06 | Sep 1967 | German |
| HICKMAN, Ian Douglas | Director | 2019-05-01 | Mar 1968 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAYWOOD, Martin | Secretary | 1997-07-10 | 1999-09-07 |
| JEWEL, Gideon James | Secretary | 1996-11-05 | 1997-07-10 |
| LOLE, David | Secretary | 1994-02-14 | 1996-11-05 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 1997-06-09 | 2010-12-31 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 1993-05-14 | 1993-06-18 |
| BRACKENBURY, James Michael | Director | 1993-06-18 | 1994-10-19 |
| COSTA RIGAU, Jordi | Director | 2000-10-01 | 2001-12-31 |
| DURNEY, Terence Mcintosh | Director | 1996-03-08 | 1997-07-10 |
| EGGLESTON, James Stephen | Director | 1997-07-10 | 1999-06-11 |
| GARGARO, John Timothy | Director | 1996-11-05 | 1999-08-23 |
| HOLLARS, James Arles | Director | 1993-06-18 | 1995-12-20 |
| HOOPER, Robert Chalders | Director | 2002-02-20 | 2019-04-30 |
| JEFFERSON, Paul Roger | Director | 1999-04-22 | 2007-03-06 |
| JEWEL, Gideon James | Director | 1997-07-10 | 2004-09-23 |
| MCCARTHY, Joseph Frederic | Director | 1996-11-05 | 2000-10-01 |
| PEER, Jan V. | Director | 1997-07-10 | 1998-11-01 |
| REAUME, William Arthur | Director | 1996-11-05 | 1999-06-11 |
| SANSON, Vincent Barry | Director | 1994-10-19 | 1996-03-08 |
| WEISBART, Richard Alan | Director | 1996-11-05 | 1997-07-10 |
| PINSENT MASONS DIRECTOR LIMITED | Corporate Nominee Director | 1993-05-14 | 1993-06-18 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Director | 1993-05-14 | 1993-06-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lear Corporation Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 188 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-20 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | CH01 | officers | Change person director company with change date | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-20 | AA | accounts | Accounts with accounts type full | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-07-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-26 | CH01 | officers | Change person director company with change date | |
| 2023-07-26 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2023-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-17 | AA | accounts | Accounts with accounts type full | |
| 2021-09-22 | AA | accounts | Accounts with accounts type full | |
| 2021-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-23 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.