CHANEL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-30 (in 2mo)
Last made up 2025-07-16
Watchouts
None on the register
Cash
£2B
-41% vs 2023
Net assets
£8B
-21% vs 2023
Employees
37,492
+9.2% vs 2023
Profit before tax
£3B
-26.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,635,952,557 | £13,861,601,186 | |
| Operating profit | £4,749,444,033 | £3,319,940,697 | |
| Profit before tax | £4,731,653,076 | £3,487,027,428 | |
| Net profit | £3,501,927,354 | £2,515,344,700 | |
| Cash | £4,049,295,775 | £2,388,065,234 | |
| Total assets less current liabilities | £14,400,518,903 | £12,435,211,268 | |
| Net assets | £10,054,336,546 | £7,938,324,685 | |
| Equity | £10,054,336,546 | £7,938,324,685 | |
| Average employees | 34,329 | 37,492 | |
| Wages | £1,812,972,572 | £2,103,261,675 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 32.5% | 24.0% | |
| Net margin | 23.9% | 18.1% | |
| Return on capital employed | 33.0% | 26.7% | |
| Gearing (liabilities / total assets) | 45.4% | 51.6% | |
| Current ratio | 1.99x | 1.91x | |
| Interest cover | 10.58x | 15.44x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In our opinion, the financial statements give a true and fair view of the Group's and of the Parent Company's affairs as at 31 December 2024 and of the Group's profit for the year then ended; the Group financial statements have been properly prepared in accordance with UK adopted International Accounting Standards; the Parent Company financial statements have been properly prepared in accordance with UK adopted International Accounting Standards as applied in accordance with section 408 of the Companies Act 2006; and the financial statements have been prepared in accordance with the requirements of the Companies Act 2006. The directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- CHANEL LIMITED · parent
- Chanel Limited
- 113 SPRING NRC INC. 1 1%
- Chanel International B.V. 1%
- Chanel LLC 1%
- Chanel Canada Inc. 1%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NITSCH, Marianna | Secretary | 2019-10-02 | — | — |
| ABECASSIS, Paul Alain | Director | 2017-12-21 | Jun 1950 | Swiss |
| BAGEL-TRAH, Gudrun Simone Mignon, Dr | Director | 2025-01-01 | Jan 1969 | German |
| BLONDIAUX, Philippe Bernard, Mr. | Director | 2018-06-04 | Jan 1965 | French |
| GROS, Bertrand Henry | Director | 2017-12-21 | Mar 1950 | Swiss |
| KO, Teresa Yuk Yin | Director | 2025-01-01 | Aug 1960 | British |
| LANE FOX, Martha, Baroness | Director | 2018-06-06 | Feb 1973 | British |
| MAHON, Alexandra Rose | Director | 2021-05-26 | Oct 1973 | British |
| NAIR, Leena Kumar | Director | 2022-01-27 | Jun 1969 | British |
| PAVLOVSKY, Bruno Andre Jean | Director | 2018-10-03 | Nov 1962 | French |
| TOUCHE, William George, Sir | Director | 2025-01-01 | Jun 1962 | British |
| WERTHEIMER, Alain | Director | 2022-01-26 | Sep 1948 | French |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GAFF, Paul Stuart | Secretary | 2013-01-01 | 2019-10-02 |
| HAMILTON, Martin | Secretary | — | 2013-01-01 |
| ALLISON, Joanna Louise | Director | 2015-01-01 | 2017-12-21 |
| ARMITAGE, Meryl Candice | Director | 1998-11-09 | 2002-01-31 |
| BARNETT, Peter John | Director | — | 1997-07-02 |
| COLES, Timothy John | Director | — | 1999-04-30 |
| COLLASSE, Richard Maurice | Director | 2018-10-03 | 2023-12-31 |
| DEVETTA, Dominic | Director | 2002-05-27 | 2006-07-01 |
| EL KABBANY, Josianne | Director | 2007-02-01 | 2017-10-13 |
| EVANS, Frank Anthony | Director | — | 1994-06-30 |
| FASANOTTI, Alberto | Director | 2017-08-01 | 2017-12-21 |
| FORDE, Conor Paul | Director | 2006-07-01 | 2010-12-01 |
| GAFF, Paul Stuart | Director | 2014-01-01 | 2017-12-21 |
| GALANTIC, John Stephen | Director | 2018-10-03 | 2023-09-01 |
| GILBERT, Stephen James | Director | — | 1998-07-13 |
| HAMILTON, Martin | Director | — | 2017-12-21 |
| HEYWOOD, Suzanne Elizabeth, Lady | Director | 2018-06-04 | 2021-05-26 |
| JEPSON, Ian | Director | 2007-02-01 | 2017-12-21 |
| LILLEY, Andrew Brian | Director | 2010-12-23 | 2017-12-21 |
| MANSELL, Colin Michael | Director | 1998-01-01 | 2003-10-08 |
| MATTHEWS, Keith Anthony | Director | — | 2014-07-30 |
| MAY, Christopher Linton | Director | 2005-01-19 | 2014-11-07 |
| NICOLAY, Olivier | Director | 2000-09-01 | 2023-03-09 |
| RENDALL, Bernadette | Director | 1994-08-01 | 2002-12-31 |
| SABAS, Didier | Director | 1996-01-01 | 2010-12-23 |
| SHAW, Vincent Graham | Director | 2018-10-03 | 2025-03-31 |
| STEVENSON, John Morris | Director | — | 2007-02-01 |
| WERTHEIMER, Alain Ernest | Director | — | 2017-12-18 |
| WERTHEIMER, Gerard Paul Philippe | Director | 2004-10-21 | 2017-12-20 |
| WHITTEN, Colin Albert Frederick | Director | — | 2003-11-30 |
| WILKS, Keith Scott | Director | 2016-10-24 | 2017-02-02 |
| WRIGHT, Steven Antony | Director | 2010-12-01 | 2016-10-24 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 229 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-02 | AA | accounts | Accounts with accounts type group | |
| 2025-04-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-15 | CH01 | officers | Change person director company with change date | |
| 2025-01-15 | CH01 | officers | Change person director company with change date | |
| 2025-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-15 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-15 | AA | accounts | Accounts with accounts type group | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5.3%
£14,635,952,557 £13,861,601,186
-
Cash
-41%
£4,049,295,775 £2,388,065,234
-
Net assets
-21%
£10,054,336,546 £7,938,324,685
-
Employees
+9.2%
34,329 37,492
-
Operating profit
-30.1%
£4,749,444,033 £3,319,940,697
-
Profit before tax
-26.3%
£4,731,653,076 £3,487,027,428
-
Wages
+16%
£1,812,972,572 £2,103,261,675
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