LEAR CORPORATION UK HOLDINGS LIMITED

1. LEAR CORPORATION UK HOLDINGS LIMITED 1997-06-05 → present
2. AUTOMOTIVE INDUSTRIES HOLDINGS LIMITED 1994-10-05 → 1997-06-05
3. AUTOMOTIVE INDUSTRIES (UK) LIMITED 1994-05-05 → 1994-10-05
4. DELUXEKIT LIMITED 1994-04-12 → 1994-05-05

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 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net current liabilities as at 31 December 2024 of £4,422,000 and operates as part of a European Cash Pool operated with the Group. The company has prepared forecasts which extend through a period in excess of 12 months from when the financial statements are authorised for issue to 31 May 2026. The ability of the company to access its cash deposits in the European Cash Pool throughout the going concern period to 31 May 2026 from the date of approval of these financial statements has been confirmed by the ultimate parent company, Lear Corporation, who in the unlikely event that this is not possible have further confirmed in writing their commitment to provide alternative financial support to assist the company in meeting its liabilities as and when they fall due during the going concern period. The directors have considered the financial position of the Group as set out in the condensed consolidated financial statements issued by the Group for the period ended 29 March 2025, which indicates $0.78bn of cash and cash equivalents, and $2.0bn in available borrowing capacity under a Revolving Credit Facility. As a result of the above, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. LEAR CORPORATION UK HOLDINGS LIMITED · parent
   1. Lear Corporation (UK) Limited 100% · England and Wales · Manufacture of automotive interior components
   2. Guilford Europe Limited 100% · England and Wales · Textiles manufacturing (until 30 June 2024) and non-trading thereafter
   3. Lear UK Acquisition Limited 100% · England and Wales · Liquidated February 2025
   4. Lear Corporation (Nottingham) Ltd 100% · England and Wales · Dissolved April 2025
   5. Lear Corporation Pension Scheme Trustees Limited 10% · England and Wales · Non Trading
   6. Lear Corporation Romania S.r.L. 0.01% · Romania · Manufacture of automotive interior components
   7. Guilford Europe Pension Trustees Limited (UK) 10% · England and Wales · Non Trading

Significant events

• “The company has recorded an impairment charge in the year of £nil (2023: £13,396,000) in respect of its fixed asset investment in Guilford Europe Limited. The impairment charge reflected increasing costs experienced across the sector which have continued to impact that business in the current year.”
• “Russia's war against Ukraine since end of February 2022, along with the ongoing conflict in the Middle East has increased the uncertainty with regard to the economic outlook as the situation remains volatile. It has had an impact on the world economy mainly via energy prices, foreign trade and heightened uncertainty.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -0.2%

  £21,291,000 → £21,256,000

• Employees

  —

  Not reported

• Operating profit

  -325%

  -£8,000 → -£34,000

• Profit before tax

  -33.7%

  £30,093,000 → £19,965,000

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