TURTLE BEACH EUROPE LIMITED
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Cash
£4.9m
+44.7% vs 2024
Net assets
£24m
+11.6% highest in 3 filed years
Employees
104
+3% highest in 3 filed years
Profit before tax
£36m
-18.4% vs 2024
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 | £57,540,000 | £68,652,000 | £57,822,000 | -15.8% | |
| Operating profit | £2,742,000 | £44,390,000 | £36,260,000 | -18.3% | |
| Profit before tax | £2,741,000 | £44,400,000 | £36,240,000 | -18.4% | |
| Net profit | £2,022,000 | — | — | — | |
| Cash | £5,909,000 | £3,351,000 | £4,850,000 | +44.7% | |
| Total assets less current liabilities | £19,260,000 | £22,084,000 | £24,606,000 | +11.4% | |
| Net assets | £19,188,000 | £21,857,000 | £24,399,000 | +11.6% | |
| Equity | £19,188,000 | £21,857,000 | £24,399,000 | +11.6% | |
| Average employees | 102 | 101 | 104 | +3% | |
| Wages | £5,199,000 | £5,033,000 | £5,084,000 | +1% | |
| Directors' remuneration | £507,000 | £442,000 | £387,000 | -12.4% | |
| Directors' pension contributions | £22,000 | £24,000 | £33,000 | +37.5% | |
| Highest paid director | £278,000 | £248,000 | £209,000 | -15.7% |
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 | 4.8% | 64.7% | 62.7% | |
| Net margin | 3.5% | — | — | |
| Return on capital employed | 14.2% | 201.0% | 147.4% | |
| Gearing (liabilities / total assets) | 68.1% | 62.7% | 57.6% | |
| Current ratio | 1.46x | 1.59x | 1.74x |
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
- TURTLE BEACH EUROPE LIMITED 2013-03-28 → present
- LYGO INTERNATIONAL LIMITED 2001-05-04 → 2013-03-28
- LYGO TECHNOLOGY (EUROPE) LTD. 1999-08-04 → 2001-05-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst and Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are continuing to prepare the accounts on a Going Concern basis... the Directors do not consider there to be any material uncertainties concerning ongoing business performance or profitability and have concluded that the going concern basis of preparation is appropriate.”
Group structure
- TURTLE BEACH EUROPE LIMITED · parent
- TB Germany GmbH 100%
Significant events
- “In APAC, like for like Revenue grew +78% year-on-year, being significantly boosted by a full year of PDP product sales... Given the nature and growing scale of commercial operations... it was determined that... Turtle Beach KK (Japan) and Turtle Beach Australia Pty should bear all the Revenue and Costs associated with the commercial and operating activities within those markets.”
- “Effective 3rd February 2025, Mark Weinswig was appointed CFO of Turtle Beach Corporation, replacing John Hanson... Mark Weinswig resigned as CFO of Turtle Beach Corporation and as director of the company on 15th June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2026-05-27 | — | — |
| CLIPSHAM, Andrew James | Director | 2021-07-31 | Nov 1975 | British |
| FORDER, Nicholas Brian | Director | 2021-07-31 | Apr 1973 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOURNE, Brenda Veronica | Secretary | 1999-08-04 | 2000-03-31 |
| CROOKS, Paul | Secretary | 2000-03-31 | 2012-10-09 |
| HANSON, John Thomas | Secretary | 2013-12-20 | 2025-02-03 |
| MURPHY, Bruce Potts | Secretary | 2012-10-09 | 2013-12-20 |
| WEINSWIG, Mark | Secretary | 2025-02-03 | 2026-06-15 |
| CHETTLEBURGH INTERNATIONAL LIMITED | Corporate Nominee Secretary | 1999-08-04 | 1999-08-04 |
| ADAMS, James Albert | Director | 2012-10-09 | 2015-03-25 |
| BOURNE, Ian Christopher | Director | 1999-08-04 | 2012-10-09 |
| CROOKS, Paul | Director | 2000-03-31 | 2012-10-09 |
| HANSON, John Thomas | Director | 2013-12-20 | 2025-02-03 |
| MURPHY, Bruce Potts | Director | 2012-10-09 | 2013-12-20 |
| STARK, Juergen Markus | Director | 2012-10-09 | 2023-06-30 |
| WEINSWIG, Mark | Director | 2025-02-03 | 2026-06-15 |
| WOODS, Julian Anthony | Director | 2015-04-23 | 2021-07-31 |
| YU, Shun-Chun Yuka | Director | 2015-04-23 | 2016-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Turtle Beach Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | AA | accounts | Accounts with accounts type full | |
| 2026-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-10 | AD03 | address | Move registers to sail company with new address | |
| 2026-06-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-30 | AD02 | address | Change sail address company with old address new address | |
| 2026-05-28 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-05-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.