HARMAN INTERNATIONAL INDUSTRIES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-14 (in 7mo)
Last made up 2025-11-30
Watchouts
None on the register
Cash
£3M
+0.6% vs 2023
Net assets
£37M
+24.8% vs 2023
Employees
173
-2.8% vs 2023
Profit before tax
£10M
+54% vs 2023
Name history
Renamed 3 times since incorporation
- HARMAN INTERNATIONAL INDUSTRIES LIMITED 1991-11-01 → present
- HARMAN AUDIO LIMITED 1990-03-07 → 1991-11-01
- HARMAN (AUDIO) U.K. LIMITED 1980-12-31 → 1990-03-07
- HARSUB (U.K.) LIMITED 1980-03-14 → 1980-12-31
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 | £70,545,000 | £97,346,000 | |
| Operating profit | £6,210,000 | £9,647,000 | |
| Profit before tax | £6,396,000 | £9,848,000 | |
| Net profit | £7,509,000 | £7,335,000 | |
| Cash | £3,468,000 | £3,488,000 | |
| Total assets less current liabilities | £33,564,000 | £40,400,000 | |
| Net assets | £29,523,000 | £36,858,000 | |
| Equity | £29,523,000 | £36,858,000 | |
| Average employees | 178 | 173 | |
| Wages | £13,945,000 | £13,541,000 |
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 | 8.8% | 9.9% | |
| Net margin | 10.6% | 7.5% | |
| Return on capital employed | 18.5% | 23.9% | |
| Current ratio | 1.62x | 1.66x | |
| Interest cover | 14.48x | 10.41x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company meets its day-to-day working capital requirements through its cash reserves and intercompany borrowings. The current economic conditions continue to create uncertainty, particularly over the level of demand for the Company's products. The Company's forecasts and projections, taking account of reasonably possible changes in the trading performance, show the Company should be able to operate within the level of its current cash reserves and intercompany borrowings. After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable for at least 12 months from date of signing future and is backed by a letter of support from its intermediate parent Company, Harman International Industries Inc. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- HARMAN INTERNATIONAL INDUSTRIES LIMITED · parent
- Harman International Industries Pty Limited 100%
- Harman De Mexico S.DE R.L. DE 99.93%
Significant events
- “Russia's invasion of Ukraine has caused market uncertainty and inflationary pressures. The ongoing conflict in the Middle East has seen disruptions and delays in shipping through the Suez Canal.”
- “On 11 July 2025, the company completed the sale of Martin Manufacturing UK division. The disposal is expected to result in a loss of £159k, which will be recognised in the next accounting period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRIMPONG, Tamika Avella | Director | 2024-05-17 | Aug 1972 | American |
| LAMPMAN, Lori Ann | Director | 2024-05-17 | Aug 1966 | American |
| ORMES, Mark | Director | 2022-11-15 | Aug 1979 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COWLEY, Victor Herbert | Secretary | — | 2014-09-30 |
| ALLEN, Marcus | Director | 2017-06-01 | 2022-11-15 |
| BAUDOT, Regis | Director | 2006-08-31 | 2008-11-01 |
| BROWN, Kevin | Director | 2006-08-31 | 2008-06-10 |
| BURKE, Martyn | Director | 1991-11-01 | 1996-12-24 |
| BURLINGTON, Peter David | Director | 1995-06-30 | 1999-06-10 |
| BURNS, Roderick | Director | 2015-03-11 | 2020-09-02 |
| COWLEY, Victor Herbert | Director | — | 2014-09-30 |
| ESPIRITU, Francis Edwin Rivera | Director | 2021-01-01 | 2024-05-17 |
| ESTERS, Donald Joseph | Director | — | 1992-11-22 |
| GIROD, Bernard Andre | Director | 1993-01-18 | 2008-06-10 |
| GOODMAN, Walter | Director | — | 1993-11-30 |
| GROTH, Frank Georg Donald | Director | 2017-06-01 | 2020-12-31 |
| HARMAN, Sidney, Dr | Director | — | 2008-06-10 |
| HART, Philip Geoffrey | Director | — | 2001-04-01 |
| IASENZA, Marisa Brenda | Director | 2017-06-01 | 2018-07-20 |
| MEREDITH, Frank Malcolm | Director | 1996-06-28 | 2005-10-14 |
| PALIN, William Simons | Director | — | 2006-05-17 |
| STACEY, John | Director | 2015-03-11 | 2024-05-17 |
| SUKO, Todd Andrew | Director | 2010-09-24 | 2017-06-01 |
| SUMMERS, Edwin Charles | Director | 2006-08-31 | 2010-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Harman International Industries Incorporated | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 193 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-07 | AA | accounts | Accounts with accounts type full | |
| 2023-12-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-24 | AA | accounts | Accounts with accounts type full | |
| 2021-05-21 | AAMD | accounts | Accounts amended with accounts type full | |
| 2021-04-13 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-06 | 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
+38%
£70,545,000 £97,346,000
-
Cash
+0.6%
£3,468,000 £3,488,000
-
Net assets
+24.8%
£29,523,000 £36,858,000
-
Employees
-2.8%
178 173
-
Operating profit
+55.3%
£6,210,000 £9,647,000
-
Profit before tax
+54%
£6,396,000 £9,848,000
-
Wages
-2.9%
£13,945,000 £13,541,000
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