HOTPOINT UK APPLIANCES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. HOTPOINT UK APPLIANCES LIMITED 2024-07-01 → present
2. WHIRLPOOL UK APPLIANCES LIMITED 2015-10-01 → 2024-07-01
3. INDESIT COMPANY UK LIMITED 2004-12-30 → 2015-10-01
4. MERLONI ELETTRODOMESTICI UK LIMITED 2003-07-08 → 2004-12-30
5. GENERAL DOMESTIC APPLIANCES LIMITED 1998-04-01 → 2003-07-08
6. HOTPOINT LIMITED 1990-03-30 → 1998-04-01
7. HOTPOINT SERVICE LIMITED 1982-07-20 → 1990-03-30
8. BRITISH DOMESTIC APPLIANCES SERVICE LIMITED 1909-12-30 → 1982-07-20

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

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.

Accounting basis

FRS 101

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. Our evaluation of the directors' assessment of the company's ability to continue to adopt the going concern basis of accounting included obtaining the letter of support received by Hotpoint UK Appliances Limited and assessing the ability of Beko Europe BV ('the Parent') to provide such support over the going concern period. 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 30 September 2026.”

Group structure

1. HOTPOINT UK APPLIANCES LIMITED · parent
   1. Hotpoint Ireland Appliances Limited 100% · Ireland · Distributor of domestic appliances

Significant events

• “On 2 July 2024 the Company changed its name from Whirlpool UK Appliances Limited to Hotpoint UK Appliances Limited.”
• “On 5 July 2024 Hotpoint UK Appliances Ltd entered into a consultation process...in relation to the proposed closure of the Yate tumble dryer manufacturing site. The site was closed 31 December 2024. Consequently, £18.3m of closure costs have been recorded.”
• “The Hotpoint UK Appliances Limited Pension Scheme liability decreased by £41.5m (2023: liabilities increased by £28.4m) to be in net asset position at year end of £0.3m (2023: £41.2m liability).”
• “On 17 January 2023, Whirlpool Corporation publicly announced that it had entered into an agreement with Arçelik to contribute their European major domestic appliance business into a newly formed European appliance company...On April 2, 2024, the new company Beko Europe B.V. was created.”
• “In December 2020, claims relating to the Grenfell Tower fire were filed in the UK against approximately 20 defendants...a confidential settlement...was reached in early 2023...Whirlpool Corporation has agreed to indemnify Whirlpool UK Appliances Ltd...against any future financial liabilities arising from the Grenfell Tower fire.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.7%

  £599,487,000 → £595,311,000

• Cash

  +8.7%

  £1,536,000 → £1,669,000

• Net assets

  +15%

  £209,824,000 → £241,339,000

• Employees

  -2.8%

  2,212 → 2,150

• Operating profit

  +116.9%

  £16,655,000 → £36,117,000

• Profit before tax

  +9.1%

  £24,245,000 → £26,454,000

• Wages

  -2.1%

  £76,035,000 → £74,475,000

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