THAMES & HUDSON LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£6M
-15.8% vs 2023
Net assets
£21M
-4.4% vs 2023
Employees
243
+4.7% vs 2023
Profit before tax
-£551K
-114.9% 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 | £43,161,000 | £42,889,000 | |
| Operating profit | £3,698,000 | -£578,000 | |
| Profit before tax | £3,701,000 | -£551,000 | |
| Net profit | £2,632,000 | -£811,000 | |
| Cash | £7,097,000 | £5,979,000 | |
| Total assets less current liabilities | £21,956,000 | £20,980,000 | |
| Net assets | £21,956,000 | £20,980,000 | |
| Equity | £21,956,000 | £20,980,000 | |
| Average employees | 232 | 243 | |
| Wages | £11,550,000 | £11,597,000 |
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 | 8.6% | -1.3% | |
| Net margin | 6.1% | -1.9% | |
| Return on capital employed | 16.8% | -2.8% | |
| Current ratio | 2.18x | 2.03x | |
| Interest cover | 10.94x | -2.45x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In view of this, the directors have every confidence that the Group and the Company can continue in operational existence for the foreseeable future. It is on this basis that the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Group structure
- THAMES & HUDSON LIMITED · parent
- Thames & Hudson Australia Pty Limited
- Interart UARL
- Thames & Hudson (S) Pte Limited
- Thames & Hudson Asia Limited
- Arts Distributors Limited
- Asia Publishers Services Limited
- Thames & Hudson Distributors Limited
- Thames & Hudson International Limited
- Thames & Hudson Digital Limited
Significant events
- “Investments in staff and new initiatives, such as the Gift Lab list which launched in the Autumn, as well as several non-recurring expenses, including office and warehouse moves for several of the group entities, restructuring costs, and events to mark the Company's 75th Anniversary.”
- “Growth of the Institutional Publishing business, the Children's list, the Australian Originated publishing, and the new Skittledog and Volume Group imprints, as well as the Gift Lab list which launched its first titles in Autumn 2024.”
- “The company signed a 10-year lease on new premises in Britannia Street in central London. The new lease commenced in October 2024 but, because the new premises required a four month fit-out, the company did not vacate its former High Holborn premises until February 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARSHALL, Raymond John | Secretary | 2023-11-27 | — | — |
| BALLIETT, Will King | Director | 2015-11-04 | Apr 1959 | American |
| CARTER, Rosamund | Director | 2024-09-16 | Dec 1976 | British |
| CHARKIN, Richard Denis Paul | Director | 2026-01-01 | Jun 1949 | British |
| DIETRICH, Lucas Timothy | Director | 2005-08-01 | Sep 1965 | American |
| FREDERKING, Christian Boris | Director | 2006-01-01 | Oct 1966 | German |
| HONER, Julian Anthony | Director | 2011-05-01 | Feb 1961 | British |
| THOMPSON FABRE, Sophia Lucy Selina | Director | 2013-12-06 | Dec 1968 | British |
| WATTS, Daniel | Director | 2021-01-01 | Dec 1970 | Australian |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATES, Eric | Secretary | — | 1996-03-01 |
| KONTARSKY, Natalie Suzanne | Secretary | 2018-06-29 | 2023-04-28 |
| MEEK, Brian | Secretary | 1996-03-01 | 2018-06-29 |
| BARON, Stanley | Director | 1998-06-05 | 2005-07-31 |
| BATES, Eric | Director | — | 2006-01-31 |
| CAMPLIN, Jamie Robert | Director | — | 2014-03-31 |
| EVANS, Timothy Llewellin | Director | 2013-09-26 | 2017-11-01 |
| EVANS, Timothy Llewellin | Director | — | 2012-03-31 |
| FERGUSON, Christopher Arthur | Director | — | 2016-12-01 |
| FLOOD, Timothy James | Director | — | 2001-06-30 |
| FORSTER, Sarah Louise | Director | 2012-02-23 | 2015-02-13 |
| GRISEBACH, Rolf Hans August | Director | 2013-09-09 | 2019-04-12 |
| GUTTMANN, Werner | Director | — | 1999-04-30 |
| HARVIE, Laurence Anne | Director | 2016-07-01 | 2023-12-31 |
| HUGHES, Philip Arthur Booley | Director | — | 2013-09-20 |
| HUNTLEY, Simon | Director | — | 1996-09-20 |
| KAINE, Constance Margaret | Director | — | 2013-09-20 |
| KESTER, David Martin Albert | Director | 2012-03-01 | 2013-10-10 |
| KONTARSKY, Natalie Suzanne | Director | 2018-07-01 | 2023-04-28 |
| MEADES, Peter | Director | 2001-08-01 | 2011-02-08 |
| MEEK, Brian | Director | 2001-08-01 | 2013-09-20 |
| MIDDLETON, Ian | Director | — | 1996-06-07 |
| NAYLOR, Trevor | Director | 2000-08-01 | 2009-07-03 |
| NEURATH, Eva Urvasi | Director | — | 1999-12-27 |
| NEURATH, Johanna Mikaela | Director | 1999-06-17 | 2024-11-04 |
| NEURATH, Susanna Reisz | Director | 2013-09-26 | 2021-04-30 |
| NEURATH, Thomas Michael | Director | — | 2013-09-20 |
| PALFREYMAN, Neil Leslie | Director | 2000-08-01 | 2026-01-01 |
| RIDLER, Colin Thomas | Director | 2005-08-01 | 2015-08-31 |
| ROMERO-MONTALVO, Leon | Director | 2015-07-22 | 2024-06-30 |
| SAUNDERS-GRIFFITHS, John | Director | 2016-07-01 | 2024-02-08 |
| STANGOS, Nikos | Director | — | 2004-04-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thames & Hudson Publishing Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 193 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-22 | AA | accounts | Accounts with accounts type group | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-15 | CH01 | officers | Change person director company with change date | |
| 2025-03-15 | CH01 | officers | Change person director company with change date | |
| 2025-03-15 | CH01 | officers | Change person director company with change date | |
| 2025-02-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-14 | CH01 | officers | Change person director company with change date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-12-08 | CH01 | officers | Change person director company with change date | |
| 2023-10-07 | AA | accounts | Accounts with accounts type group | |
| 2023-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.6%
£43,161,000 £42,889,000
-
Cash
-15.8%
£7,097,000 £5,979,000
-
Net assets
-4.4%
£21,956,000 £20,980,000
-
Employees
+4.7%
232 243
-
Operating profit
-115.6%
£3,698,000 -£578,000
-
Profit before tax
-114.9%
£3,701,000 -£551,000
-
Wages
+0.4%
£11,550,000 £11,597,000
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