GUCCI LIMITED

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis, which the directors believe to be appropriate for the following reasons. The Company will have sufficient funds, through its group cash pooling arrangement with its UK sister company, Kering UK Services Limited, to continue operations and to meet its liabilities as they fall due. Furthermore, the Company has obtained a letter of support from Kering S.A. which provides support to the Company, such that the Company is able to operate as a going concern and to settle its liabilities as they fall due. This includes not seeking repayments of amounts advanced to the Company by Kering S.A. unless adequate alternative financing has been secured by the Company and advancing further amounts to the Company as required by the Company. This support has been provided for a minimum period of 12 months from the date of signing of the financial statements.”

Significant events

• “In late 2024, Kering announced the appointment of Stefano Cantino as CEO of the Gucci brand, succeeding Jean-François Palus. Stefano Cantino joined the brand in May 2024 as Deputy CEO and his appointment as brand CEO has been effective since the beginning of January 2025.”
• “Gucci announced on 6 February 2025, the end of its collaboration with Creative Director Sabato De Sarno.”
• “On 13 March 2025, Kering and Gucci announced the appointment of Demna as the House's new Artistic Director, starting early July 2025. Demna, previously Artistic Director of Balenciaga since 2015, has redefined modern luxury, earning global recognition and cementing his authority on the industry.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -20.2%

  £184,664,000 → £147,335,000

• Cash

  -52.2%

  £67,000 → £32,000

• Net assets

  +3.8%

  £71,208,000 → £73,879,000

• Employees

  -11.5%

  489 → 433

• Operating profit

  -13.6%

  £10,935,000 → £9,444,000

• Profit before tax

  -24.4%

  £4,891,000 → £3,699,000

• Wages

  -0.9%

  £18,997,000 → £18,820,000

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