MARGARET HOWELL LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-06-30 (in 1mo)
Last made up 2025-06-16
Watchouts
None on the register
Cash
£287K
-84.8% vs 2024
Net assets
£5M
-17.4% vs 2024
Employees
167
+6.4% vs 2024
Profit before tax
-£1M
-28.2% vs 2024
Name history
Renamed 2 times since incorporation
- MARGARET HOWELL LIMITED 2001-10-31 → present
- MARGARET HOWELL (87) LIMITED 1987-07-27 → 2001-10-31
- FANERISE LIMITED 1987-05-27 → 1987-07-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Turnover | £18,228,494 | £18,311,918 | |
| Operating profit | -£912,073 | -£1,079,265 | |
| Profit before tax | -£855,865 | -£1,097,088 | |
| Net profit | -£1,000,019 | -£1,122,558 | |
| Cash | £1,889,880 | £287,314 | |
| Total assets less current liabilities | £6,762,057 | £5,626,101 | |
| Net assets | £6,558,357 | £5,417,201 | |
| Equity | £6,558,357 | £5,417,201 | |
| Average employees | 157 | 167 | |
| Wages | £5,456,476 | £5,186,438 |
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 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | -5.0% | -5.9% | |
| Net margin | -5.5% | -6.1% | |
| Return on capital employed | -13.5% | -19.2% | |
| Current ratio | 2.99x | 2.54x | |
| Interest cover | -81.38x | -40.99x |
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
- Griffin Stone Moscrop & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- MARGARET HOWELL LIMITED · parent
- Margaret Howell SARL 99.8%
Significant events
- “Our small branch in Ireland closed in May 2024.”
- “Investments were made transitioning the distribution function to a third party logistics provider and migrating the Ecommerce site to a new platform.”
- “Both the Dublin and York stores were closed due to trading conditions.”
- “The revised depreciation policy will take effect from 1 March 2026. Previously, management applied a depreciation rate of 30% to 40% to seasonless and sample stock. However, this policy was discontinued as at 28 February 2025, resulting in a reversal of approximately £250,000.”
- “In August 2025, following notice being given on the Group's existing premises, the 'Workroom' operations were relocated to new premises in North London.”
- “The Group has entered into a new lease agreement for a term of ten years with an annual rent of £77,256 (exclusive of VAT), subject to a rent review at the end of the fifth year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2009-12-15 | — | — |
| ATTWOOD, Caroline | Director | 2024-07-01 | Aug 1970 | British |
| IKEDA, Kenichi | Director | 2014-05-15 | Jan 1967 | Japanese |
| OSHIKI, Genya | Director | 2023-04-01 | Mar 1958 | Japanese |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 1992-12-17 | 2009-12-15 |
| ANAZAWA, Akhide | Director | 2021-10-06 | 2023-04-01 |
| CRAIG, Richard Hugh Dickson | Director | — | 2024-02-29 |
| DODO, Kazuhiro | Director | 2005-09-23 | 2014-05-15 |
| HOWELL, Margaret | Director | — | 2026-01-09 |
| KOREEDA, Masayuki | Director | — | 2004-09-30 |
| MATSUDA, Koichi | Director | 2021-10-06 | 2023-04-01 |
| MATSUDA, Shinichi | Director | 2005-09-23 | 2009-07-02 |
| NIR, Aaron | Director | 2005-09-23 | 2009-12-17 |
| OSHIKI, Genya | Director | 2005-09-23 | 2021-02-28 |
| SUGURE, Isamu | Director | — | 2007-08-31 |
| TOMEOKA, Kazunori | Director | 2023-04-01 | 2024-05-31 |
| TOMEOKA, Kazunori | Director | 2009-07-02 | 2021-10-06 |
| YAMAMOTO, Shinya | Director | 2021-10-06 | 2025-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tsi Holdings Co., Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-16 | Active |
Filing timeline
Last 20 of 210 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AA | accounts | Accounts with accounts type group | |
| 2025-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-22 | AA | accounts | Accounts with accounts type group | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-28 | AA | accounts | Accounts with accounts type group | |
| 2023-08-01 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-07-12 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-01 | AA | accounts | Accounts with accounts type group | |
| 2022-06-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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
FY2024 → FY2025 · period ending 2025-02-28 vs 2024-02-29
-
Turnover
+0.5%
£18,228,494 £18,311,918
-
Cash
-84.8%
£1,889,880 £287,314
-
Net assets
-17.4%
£6,558,357 £5,417,201
-
Employees
+6.4%
157 167
-
Operating profit
-18.3%
-£912,073 -£1,079,265
-
Profit before tax
-28.2%
-£855,865 -£1,097,088
-
Wages
-4.9%
£5,456,476 £5,186,438
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