PATEK PHILIPPE SALON LIMITED
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Cash
£7.7M
-57.1% vs 2024
Net assets
£20M
-20.3% vs 2024
Employees
33
+10% vs 2024
Profit before tax
£10M
-2.3% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £83,016,177 | £89,235,752 | +7.5% | |
| Operating profit | £10,097,969 | £10,057,676 | -0.4% | |
| Profit before tax | £10,287,866 | £10,050,920 | -2.3% | |
| Net profit | £7,323,622 | £6,851,260 | -6.4% | |
| Cash | £18,048,636 | £7,748,324 | -57.1% | |
| Total assets less current liabilities | £25,770,195 | £20,626,530 | -20% | |
| Net assets | £25,303,540 | £20,154,800 | -20.3% | |
| Equity | £25,303,540 | £20,154,800 | -20.3% | |
| Average employees | 30 | 33 | +10% | |
| Wages | £1,991,592 | £2,278,410 | +14.4% | |
| 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 |
|---|---|---|---|
| Operating margin | 12.2% | 11.3% | |
| Net margin | 8.8% | 7.7% | |
| Return on capital employed | 39.2% | 48.8% | |
| Current ratio | 2.63x | 1.59x |
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
- PATEK PHILIPPE SALON LIMITED 2006-02-23 → present
- THORNDIN LIMITED 2005-10-25 → 2006-02-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rouse Audit 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 of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “A sizeable investment has been made with the expansion of the Salon's retail space and the company is confident that this will strengthen our business further in 2025-26.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERNASCONI, Laurent | Director | 2024-07-01 | Oct 1972 | Swiss |
| NEVEROVA, Ekaterina | Director | 2025-08-11 | Oct 1966 | British |
| STERN, Thierry Henri | Director | 2020-01-01 | Jul 1970 | Swiss |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLETCHER, Lynda Frances | Secretary | 2005-11-23 | 2013-04-30 |
| HEARN, Andrew Mark | Secretary | 2013-04-30 | 2020-08-12 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2005-10-25 | 2005-11-23 |
| HEARN, Andrew Mark | Director | 2005-12-09 | 2021-12-10 |
| LURSHAY, Adrian | Director | 2020-01-01 | 2025-08-11 |
| PENY, Claude | Director | 2005-11-23 | 2024-07-01 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2005-10-25 | 2005-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Patek Philippe Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-11 | CH01 | officers | Change person director company with change date | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | AA | accounts | Accounts with accounts type full | |
| 2024-07-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-24 | CH01 | officers | Change person director company with change date | |
| 2023-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-31 | AA | accounts | Accounts with accounts type full | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-25 | AA | accounts | Accounts with accounts type full | |
| 2022-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-15 | AA | accounts | Accounts with accounts type full | |
| 2021-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.