TURTLE BEACH EUROPE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-18 (in 3mo)
Last made up 2025-08-04
Watchouts
None on the register
Cash
£3M
-43.3% vs 2023
Net assets
£22M
+13.9% vs 2023
Employees
101
-1% vs 2023
Profit before tax
£4M
+62% vs 2023
Name history
Renamed 2 times since incorporation
- TURTLE BEACH EUROPE LIMITED 2013-03-28 → present
- LYGO INTERNATIONAL LIMITED 2001-05-04 → 2013-03-28
- LYGO TECHNOLOGY (EUROPE) LTD. 1999-08-04 → 2001-05-04
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 | £57,540,000 | £68,652,000 | |
| Operating profit | £2,742,000 | £4,439,000 | |
| Profit before tax | £2,741,000 | £4,440,000 | |
| Net profit | £2,022,000 | £3,417,000 | |
| Cash | £5,909,000 | £3,351,000 | |
| Total assets less current liabilities | £19,260,000 | £22,084,000 | |
| Net assets | £19,188,000 | £21,857,000 | |
| Equity | £19,188,000 | £21,857,000 | |
| Average employees | 102 | 101 | |
| Wages | £5,199,000 | £5,033,000 |
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 | 4.8% | 6.5% | |
| Net margin | 3.5% | 5.0% | |
| Return on capital employed | 14.2% | 20.1% | |
| Gearing (liabilities / total assets) | 68.1% | 62.7% | |
| Current ratio | 1.46x | 1.59x | |
| Interest cover | 2742.00x | — |
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
- Ernst and Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors do not consider there to be any material uncertainties concerning ongoing business performance or profitability and have concluded that the going concern basis of preparation is appropriate. The Company has considerable financial resources to meet its obligations as they fall due.”
Group structure
- TURTLE BEACH EUROPE LIMITED · parent
- TB Germany GmbH 100%
Significant events
- “The acquisition significantly expanded the Company's product portfolio and strengthened its position in the gaming accessories market.”
- “2024 marked the transition of several Roccat PC accessories including keyboards, mice, and mousepad - into the Turtle Beach portfolio.”
- “successful launches of the VelocityOne Race racing system and the VelocityOne Flightdeck controller.”
- “On 3rd February 2025 J Hanson retired from his role of CFO and M Weinswig was appointed as the new CFO of Turtle Beach Corporation Group.”
- “On 6th November 2025 the property lease for the Taiwan premises was renewed for a period of one year with payments for this period being NTD 4.9m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WEINSWIG, Mark | Secretary | 2025-02-03 | — | — |
| CLIPSHAM, Andrew James | Director | 2021-07-31 | Nov 1975 | British |
| FORDER, Nicholas Brian | Director | 2021-07-31 | Apr 1973 | British |
| WEINSWIG, Mark | Director | 2025-02-03 | Dec 1972 | American |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOURNE, Brenda Veronica | Secretary | 1999-08-04 | 2000-03-31 |
| CROOKS, Paul | Secretary | 2000-03-31 | 2012-10-09 |
| HANSON, John Thomas | Secretary | 2013-12-20 | 2025-02-03 |
| MURPHY, Bruce Potts | Secretary | 2012-10-09 | 2013-12-20 |
| CHETTLEBURGH INTERNATIONAL LIMITED | Corporate Nominee Secretary | 1999-08-04 | 1999-08-04 |
| ADAMS, James Albert | Director | 2012-10-09 | 2015-03-25 |
| BOURNE, Ian Christopher | Director | 1999-08-04 | 2012-10-09 |
| CROOKS, Paul | Director | 2000-03-31 | 2012-10-09 |
| HANSON, John Thomas | Director | 2013-12-20 | 2025-02-03 |
| MURPHY, Bruce Potts | Director | 2012-10-09 | 2013-12-20 |
| STARK, Juergen Markus | Director | 2012-10-09 | 2023-06-30 |
| WOODS, Julian Anthony | Director | 2015-04-23 | 2021-07-31 |
| YU, Shun-Chun Yuka | Director | 2015-04-23 | 2016-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Turtle Beach Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- 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
+19.3%
£57,540,000 £68,652,000
-
Cash
-43.3%
£5,909,000 £3,351,000
-
Net assets
+13.9%
£19,188,000 £21,857,000
-
Employees
-1%
102 101
-
Operating profit
+61.9%
£2,742,000 £4,439,000
-
Profit before tax
+62%
£2,741,000 £4,440,000
-
Wages
-3.2%
£5,199,000 £5,033,000
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