HEATHERWICK STUDIO LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£10M
+76% vs 2024
Net assets
£42M
+6.1% vs 2024
Employees
221
-5.6% vs 2024
Profit before tax
£3M
-28.8% vs 2024
Name history
Renamed 1 time since incorporation
- HEATHERWICK STUDIO LIMITED 2007-03-07 → present
- THOMAS HEATHERWICK STUDIO LTD 2001-03-01 → 2007-03-07
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £42,334,000 | £36,871,000 | |
| Operating profit | £5,008,000 | £3,581,000 | |
| Profit before tax | £4,669,000 | £3,326,000 | |
| Net profit | £3,766,000 | £2,664,000 | |
| Cash | £5,464,000 | £9,617,000 | |
| Total assets less current liabilities | £58,328,000 | £62,684,000 | |
| Net assets | £39,258,000 | £41,667,000 | |
| Equity | £39,258,000 | £41,667,000 | |
| Average employees | 234 | 221 | |
| Wages | £16,968,000 | £16,664,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 11.8% | 9.7% | |
| Net margin | 8.9% | 7.2% | |
| Return on capital employed | 8.6% | 5.7% | |
| Current ratio | 1.27x | 1.41x | |
| Interest cover | 4.25x | 3.34x |
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
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis. The director has formed a judgement that there is reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director has concluded that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Group structure
- HEATHERWICK STUDIO LIMITED · parent
- Heatherwick Studio US Inc 100%
- Heatherwick Studio Singapore PTE Ltd 100%
- Heatherwick Studio (Shanghai) Co. Ltd 100%
Significant events
- “In May 2025, the studio installed solar panels to the roof of Making House, its flagship London studio.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KYPROU, Kypros | Secretary | 2023-10-31 | — | — |
| HEATHERWICK, Thomas | Director | 2001-03-01 | Feb 1970 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGOL, Sabeena | Secretary | 2017-07-25 | 2023-10-31 |
| GRANT, David | Secretary | 2013-10-29 | 2017-07-25 |
| MARTIN, Kirsten Chloe | Secretary | 2002-08-02 | 2007-05-08 |
| OKE, Michele | Secretary | 2001-03-01 | 2002-03-31 |
| ROWE, Anna Maisie | Secretary | 2007-05-08 | 2013-10-29 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-03-01 | 2001-03-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-03-01 | 2001-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Thomas Alexander Heatherwick | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-28 | AA | accounts | Accounts with accounts type group | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AA | accounts | Accounts with accounts type group | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-03 | AA | accounts | Accounts with accounts type group | |
| 2023-10-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type group | |
| 2022-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-08 | AA | accounts | Accounts with accounts type group | |
| 2021-07-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-05 | AA | accounts | Accounts with accounts type group | |
| 2020-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-16 | AA | accounts | Accounts with accounts type group | |
| 2019-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-12.9%
£42,334,000 £36,871,000
-
Cash
+76%
£5,464,000 £9,617,000
-
Net assets
+6.1%
£39,258,000 £41,667,000
-
Employees
-5.6%
234 221
-
Operating profit
-28.5%
£5,008,000 £3,581,000
-
Profit before tax
-28.8%
£4,669,000 £3,326,000
-
Wages
-1.8%
£16,968,000 £16,664,000
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