DYSON TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-09 (in 10mo)
Last made up 2026-02-23
Watchouts
None on the register
Cash
£2M
Latest balance sheet
Net assets
£301M
-8.2% vs 2023
Employees
2,929
-11.6% vs 2023
Profit before tax
£225M
-33% vs 2023
Name history
Renamed 1 time since incorporation
- DYSON TECHNOLOGY LIMITED 2004-08-09 → present
- NOTETRY LIMITED 1985-11-14 → 2004-08-09
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,097,500,000 | £4,885,000,000 | |
| Operating profit | £295,100,000 | £158,400,000 | |
| Profit before tax | £335,900,000 | £225,100,000 | |
| Net profit | £269,400,000 | £173,100,000 | |
| Cash | £0 | £2,000,000 | |
| Total assets less current liabilities | £956,700,000 | £887,700,000 | |
| Net assets | £327,900,000 | £301,000,000 | |
| Equity | £327,900,000 | £301,000,000 | |
| Average employees | 3,314 | 2,929 | |
| Wages | £209,400,000 | £177,800,000 |
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 | 5.8% | 3.2% | |
| Net margin | 5.3% | 3.5% | |
| Return on capital employed | 30.8% | 17.8% | |
| Gearing (liabilities / total assets) | 80.3% | 85.7% | |
| Current ratio | 1.78x | 1.41x | |
| Interest cover | 6.59x | 3.14x |
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
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company is profitable and has net current assets of £495.1m (2023: £550.0m) which is largely the result of net intercompany position...the directors have confirmed with the Group remains available, if required, for at least 12 months from the date of approval of the financial statements. On this basis, the directors have concluded that it is appropriate to prepare the Company's financial statements on a going concern basis.”
Group structure
- DYSON TECHNOLOGY LIMITED · parent
- Dyson Technology B.V. 100%
Significant events
- “A reorganisation that occurred in the later part of the financial year led to the average headcount reduction by 385 employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUCKETT, Andrew James, Mr. | Director | 2025-02-12 | Jun 1974 | British |
| SEVIER, George Edmund, Mr. | Director | 2026-03-27 | Jul 1982 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWEN, Martin William | Secretary | 2013-06-28 | 2019-05-09 |
| BRIGGS, Alan Stewart | Secretary | 2004-07-21 | 2013-06-28 |
| CRANFIELD, Nicholas Hughes | Secretary | 2019-05-09 | 2021-05-05 |
| DYSON, Deirdre Jessie, Lady | Secretary | — | 2004-07-21 |
| BEVAN, Richard John | Director | 2020-08-01 | 2023-12-12 |
| BOWEN, Martin William | Director | 2021-02-01 | 2025-02-17 |
| BOWEN, Martin William | Director | 2017-03-29 | 2019-05-09 |
| CONZE, Maximilian Walter | Director | 2012-02-03 | 2017-11-06 |
| CRANFIELD, Nicholas Hughes | Director | 2019-05-09 | 2021-05-05 |
| DOWNES, Oliver Thomas Andrew, Mr. | Director | 2023-12-12 | 2025-01-17 |
| DYSON, James, Sir | Director | — | 2010-06-18 |
| FORRESTER, Simon, Mr. | Director | 2025-02-17 | 2026-03-27 |
| HOPKINS, Ruth Jane | Director | 2019-05-09 | 2021-02-05 |
| JENSEN, Jørn Peter | Director | 2017-09-13 | 2019-05-09 |
| MCCOURT, Martin | Director | 2006-06-19 | 2012-02-03 |
| MULLEN, James Alexander | Director | 2019-05-09 | 2020-07-20 |
| ROWAN, James | Director | 2017-11-06 | 2019-05-09 |
| SHIPSEY, John Francis | Director | 2006-06-19 | 2017-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dyson Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 164 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-08-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-03 | AA | accounts | Accounts with accounts type full | |
| 2021-09-16 | CH01 | officers | Change person director company with change date |
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
-4.2%
£5,097,500,000 £4,885,000,000
-
Cash
—
Not reported
-
Net assets
-8.2%
£327,900,000 £301,000,000
-
Employees
-11.6%
3,314 2,929
-
Operating profit
-46.3%
£295,100,000 £158,400,000
-
Profit before tax
-33%
£335,900,000 £225,100,000
-
Wages
-15.1%
£209,400,000 £177,800,000
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