MICHAEL KORS (UK) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-29
Confirmation statement due
2027-01-24 (in 8mo)
Last made up 2026-01-10
Watchouts
None on the register
Cash
£325K
-97.8% vs 2024
Net assets
£126M
+1.6% vs 2024
Employees
506
-10.8% vs 2024
Profit before tax
£3M
-95.1% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-29
| Metric | Trend | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Turnover | £70,853,125 | £59,994,270 | |
| Operating profit | £4,959,866 | £2,587,552 | |
| Profit before tax | £66,185,014 | £3,239,766 | |
| Net profit | £66,007,520 | £1,975,957 | |
| Cash | £14,627,107 | £324,877 | |
| Total assets less current liabilities | £126,237,731 | £132,189,283 | |
| Net assets | £123,654,407 | £125,630,364 | |
| Equity | £123,654,407 | £125,630,364 | |
| Average employees | 567 | 506 | |
| Wages | £22,407,313 | £19,568,062 |
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 | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Operating margin | 7.0% | 4.3% | |
| Net margin | 93.2% | 3.3% | |
| Return on capital employed | 3.9% | 2.0% | |
| Current ratio | 12.22x | 4.97x | |
| Interest cover | 1648.34x | 31.97x |
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 have, therefore, concluded that the company can continue as a going concern until 31 March 2027.”
Group structure
- MICHAEL KORS (UK) LIMITED · parent
- Michael Kors (Germany) GmbH 100%
- Michael Kors (France) Sarl 100%
- Michael Kors Spain SLU 100%
- Michael Kors (Luxembourg) Retail Sarl 100%
Significant events
- “closure of underperforming, less prestigious stores started in this fiscal year (three) and continuing during the next one (two)”
- “an impairment charge of £770,280 (2024: Nil) in relation to the tangible assets.”
- “3 stores (London/Old Bond Street, Glasgow, and Belfast) are set to close permanently during the next fiscal year”
- “the flagship store in London/Regent Street has been re-opened in September 2025 after relocation from nearby premises.”
- “the Advance Pricing Agreement signed with HMRC in 2019 expired last year, the company is applying residual profit split methodology, in line with the previous Agreement”
- “the company has decided for the time being to terminate their use [of hedging and derivatives products]”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SIMMERSON, Alexandra | Secretary | 2019-02-01 | — | — |
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2008-01-23 | — | — |
| AMPLO, Christopher Nicholas | Director | 2025-06-20 | Nov 1974 | British |
| PASERO, Francesco Attilio | Director | 2025-06-20 | Aug 1977 | Italian |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SPORN, Lee Stuart | Secretary | 2008-01-23 | 2016-10-01 |
| CRESPIN, Nicolas Jacques Francois Marie | Director | 2013-09-03 | 2019-02-01 |
| DJORDJEVIC, Boris | Director | 2019-02-01 | 2025-06-19 |
| GENDRON, Robin Leigh | Director | 2021-05-01 | 2025-06-23 |
| IDOL, John Debus | Director | 2008-01-23 | 2017-05-05 |
| PARSONS, Joseph Benson | Director | 2011-10-04 | 2017-05-05 |
| PARSONS, Joseph Benson | Director | 2008-01-23 | 2008-09-26 |
| PROVENZANO, David Michael | Director | 2017-05-05 | 2024-08-16 |
| STRULOVITCH, Lawrence Sheldon | Director | 2008-09-29 | 2011-10-03 |
| WILMOTTE, Cedric Dominique Alain | Director | 2013-09-03 | 2021-05-01 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Director | 2008-01-23 | 2008-01-23 |
| ABOGADO NOMINEES LIMITED | Corporate Director | 2008-01-23 | 2008-01-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Michael Kors (Europe) B.V. | Corporate entity | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-firm | 2022-06-27 | Active |
| Capri Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-01-18 | Ceased 2022-06-27 |
| Michael Kors (Uk) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-01-18 |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | AA | accounts | Accounts with accounts type full | |
| 2026-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-06-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-02 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | AA | accounts | Accounts with accounts type full | |
| 2025-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-10 | AD02 | address | Change sail address company with old address new address | |
| 2024-08-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-04-04 | AD02 | address | Change sail address company with old address new address | |
| 2024-03-20 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-03-20 | SH20 | capital | Legacy | |
| 2024-03-20 | CAP-SS | insolvency | Legacy | |
| 2024-03-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-18 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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 2025-03-29 vs 2024-03-30
-
Turnover
-15.3%
£70,853,125 £59,994,270
-
Cash
-97.8%
£14,627,107 £324,877
-
Net assets
+1.6%
£123,654,407 £125,630,364
-
Employees
-10.8%
567 506
-
Operating profit
-47.8%
£4,959,866 £2,587,552
-
Profit before tax
-95.1%
£66,185,014 £3,239,766
-
Wages
-12.7%
£22,407,313 £19,568,062
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