THOMAS SABO (UK) LTD

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Material uncertainty over going concern

  We draw your attention to note 2 Accounting policies under going concern which the Director has concluded that the company is dependent upon the support of its two related companies. Thomas Sabo Gmbh Co KG and TSJ Holdings Gmbh for merchandise and finance. If these two companies were to withdraw this support or were unable to continue the support of the company, then there would be significant doubt over the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

William Evans & Partners

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw your attention to note 2 Accounting policies under going concern which the Director has concluded that the company is dependent upon the support of its two related companies. Thomas Sabo Gmbh Co KG and TSJ Holdings Gmbh for merchandise and finance. If these two companies were to withdraw this support or were unable to continue the support of the company, then there would be significant doubt over the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “The United Kingdom has experienced very high rates of inflation coupled with high interest rates over the last two years, and this has had a significant effect on the company's performance. The country briefly dipped into recession in July to December 2023, with a fall in Gross Domestic Product of 0.4% This compares to an increase of 0.6% in the first quarter of 2024. The Bank of England base rate was reduced to 5% in July 2024, and to 4.25% in May 2025.”
• “The impact of the latest Israel-Hamas conflict on global financial markets is a significant source of uncertainty and has the potential to lead to higher fuel prices and therefore affect supply chain issues and increase inflation. As well as this, there remains a significant uncertainty for future spending patterns in the economy due to the slow economic recovery in the United Kingdom.”

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

  +5.1%

  £9,235,900 → £9,703,393

• Cash

  -0.3%

  £289,057 → £288,312

• Net assets

  +8.1%

  £1,832,457 → £1,981,755

• Employees

  -16.5%

  139 → 116

• Operating profit

  +9.5%

  £241,981 → £264,903

• Profit before tax

  -46.2%

  £293,343 → £157,786

• Wages

  -12.8%

  £3,569,009 → £3,112,106

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