LG ELECTRONICS U.K. LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-17 (in 5mo)
Last made up 2025-10-03
Watchouts
None on the register
Cash
£2M
-69.4% vs 2023
Net assets
£70M
+16.8% vs 2023
Employees
233
+3.1% vs 2023
Profit before tax
£14M
+38.1% vs 2023
Name history
Renamed 1 time since incorporation
- LG ELECTRONICS U.K. LTD 1995-03-01 → present
- GOLDSTAR U.K. SALES LIMITED 1987-07-01 → 1995-03-01
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 | £561,434,000 | £617,143,000 | |
| Operating profit | £8,735,000 | £14,230,000 | |
| Profit before tax | £9,813,000 | £13,547,000 | |
| Net profit | £7,508,000 | £10,024,000 | |
| Cash | £6,112,000 | £1,869,000 | |
| Total assets less current liabilities | £81,120,000 | £88,630,000 | |
| Net assets | £59,676,000 | £69,700,000 | |
| Equity | £59,676,000 | £69,700,000 | |
| Average employees | 226 | 233 | |
| Wages | £16,251,000 | £17,836,000 |
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 | 1.6% | 2.3% | |
| Net margin | 1.3% | 1.6% | |
| Return on capital employed | 10.8% | 16.1% | |
| Gearing (liabilities / total assets) | 79.3% | 76.5% | |
| Current ratio | 1.30x | 1.35x | |
| Interest cover | 5.35x | 6.54x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue its operations for the foreseeable future. The financial statements have been prepared on a going concern basis, as no material uncertainties were identified by the auditors after considering all available information up to 12 months after approval.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HEO, Jin | Secretary | 2024-02-07 | — | — |
| CHOI, Hwalsoo | Director | 2024-02-07 | Mar 1973 | South Korean |
| HEO, Jin | Director | 2024-02-07 | Jun 1975 | South Korean |
| KANG, Gilseong | Director | 2024-05-28 | Mar 1971 | South Korean |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAN, Byeongseon | Secretary | 2010-03-31 | 2014-02-14 |
| KIM, Hak Baek | Secretary | 2002-03-01 | 2003-07-18 |
| KIM, Min Kyo | Secretary | 2003-07-18 | 2008-02-20 |
| KIM, Young-Hahn | Secretary | 1995-03-13 | 2001-06-18 |
| LEE, Bae Jin | Secretary | 2021-02-08 | 2024-02-07 |
| LEE, Kwon Hyo | Secretary | 2001-06-18 | 2002-03-01 |
| MIN, Jae Ho | Secretary | 2018-01-12 | 2021-02-08 |
| PARK, Ho Je | Secretary | 1993-04-13 | 1995-03-13 |
| PARK, No Keun | Secretary | — | 1993-04-13 |
| SHIM, Augustine | Secretary | 2008-02-21 | 2010-03-31 |
| WOO, Sangwook | Secretary | 2014-02-14 | 2018-01-12 |
| BAE, Doo Yong | Director | 2010-03-31 | 2013-02-12 |
| BAN, Byeongseon | Director | 2019-01-01 | 2024-05-28 |
| BAN, Byeongseon | Director | 2010-03-31 | 2014-02-14 |
| CHANG, Byoung Nyoung | Director | 2013-02-12 | 2019-01-01 |
| CHO, Ki Song | Director | 1999-04-08 | 2001-07-31 |
| CHO, Kwong Ho | Director | 1998-04-02 | 1999-04-08 |
| JEONG, Hoyoung | Director | 2004-01-16 | 2006-01-02 |
| JUNG, Soon Seop | Director | 2007-02-28 | 2008-02-20 |
| KIM, Hak Baek | Director | 2002-03-01 | 2003-07-18 |
| KIM, Inseog | Director | 2008-02-21 | 2010-03-31 |
| KIM, Kwang Baik | Director | — | 1993-02-01 |
| KIM, Min Kyo | Director | 2003-07-18 | 2008-02-20 |
| KIM, Young-Hahn | Director | 1995-04-24 | 2001-06-18 |
| KONG, O Shik | Director | — | 1998-04-02 |
| KWON, Kiil | Director | 2014-12-01 | 2016-01-31 |
| LEE, Bae Jin | Director | 2021-02-08 | 2024-02-07 |
| LEE, Bum Seop | Director | 2019-01-01 | 2024-02-07 |
| LEE, Janghwa | Director | 2016-01-31 | 2019-01-01 |
| LEE, Kwon Hyo | Director | 2001-06-18 | 2002-03-28 |
| LIM, Hyoung Seok | Director | 2010-12-17 | 2012-07-16 |
| LIM, Jong Hee | Director | 2002-03-28 | 2004-01-16 |
| MIN, Jae Ho | Director | 2018-01-12 | 2021-02-08 |
| NA, Young Bae | Director | 2012-07-16 | 2014-12-01 |
| NA, Young Bae | Director | 2006-01-03 | 2010-12-16 |
| PARK, Hong Jin | Director | 2001-08-10 | 2003-01-29 |
| SHIM, Augustine | Director | 2007-09-03 | 2010-03-31 |
| SHIN, Young Ho | Director | 2003-07-18 | 2008-01-02 |
| WILLMORE, Barry James | Director | 1996-01-01 | 2002-05-31 |
| WOO, Nam Kyun | Director | — | 1995-04-24 |
| WOO, Sangwook | Director | 2014-02-14 | 2018-01-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lg Electronics European Holding B.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-10-15 | Active |
| Lg Electronics | Corporate entity | Significant influence | 2016-04-06 | Ceased 2016-10-15 |
Filing timeline
Last 20 of 204 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-23 | AA | accounts | Accounts with accounts type full | |
| 2022-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-29 | CH01 | officers | Change person director company with change date | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-11 | 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
+9.9%
£561,434,000 £617,143,000
-
Cash
-69.4%
£6,112,000 £1,869,000
-
Net assets
+16.8%
£59,676,000 £69,700,000
-
Employees
+3.1%
226 233
-
Operating profit
+62.9%
£8,735,000 £14,230,000
-
Profit before tax
+38.1%
£9,813,000 £13,547,000
-
Wages
+9.8%
£16,251,000 £17,836,000
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