How much does Audemars Piguet (Sloane Street) UK Limited make?

Audemars Piguet (Sloane Street) UK Limited reported revenue of £15.3m and £3.5m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Audemars Piguet (Sloane Street) UK Limited have?

Audemars Piguet (Sloane Street) UK Limited reported an average of 4 employees in the year to 31 Dec 2023.

Is Audemars Piguet (Sloane Street) UK Limited profitable?

Yes — Audemars Piguet (Sloane Street) UK Limited reported a profit of £3.5m in the year to 31 Dec 2023.

Company No. 12091959 · Incorporated 8 Jul 2019

Audemars Piguet (Sloane Street) UK Limited

Registered name: AUDEMARS PIGUET (SLOANE STREET) UK LIMITED

Part of Audemars Piguet (UK) Limited group

Audemars Piguet (Sloane Street) UK Limited made £15.3m revenue and £3.5m profit in the year to 31 Dec 2023. read from filing text

Audemars Piguet (Sloane Street) UK Limited’s revenue grew 8% to £15.3m in the year to 31 Dec 2023, with £3.5m profit and 4 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47770Retail sale of watches and jewellery in specialised stores

Status: Active
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate”

Latest accounts · year to 31 Dec 2023

Key figures

Small teamYoung and profitableOperating leverage

Revenue

£15.3m

Growth ▲7.7%

Profit

£3.5m

Growth ▲25.1%

Profit margin

22.7%

Gross 33.6%

Employees

Change 0%

Profit / employee

£871k

Revenue/employee £3.8m

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.2m	£15.3m
Cost of sales	£9.4m	£10.2m
Gross profit	£4.8m	£5.1m
Operating profit	£2.8m	£3.5m
Profit before tax	£2.8m	£3.5m
Profit (best available)	£2.8m	£3.5m
Staff costs	£452k	£375k
Employees (average)	4	4
Ratios
Profit margin	19.6%	22.7%
Gross margin	33.8%	33.6%
Revenue per employee	£3.6m	£3.8m
Profit per employee	£697k	£871k
Growth (year on year)
Revenue growth	—	▲7.7%
Profit growth	—	▲25.1%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.3m	£4.4m
Net assets	£3m	£3.2m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 22.7%; Profit ÷ revenue.
Gross margin: 33.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3.8m; Revenue ÷ average employees.
Profit per employee: £871k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲9%; Now £3.2m
Cash at bank: ▼17%; Now £4.4m
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Audemars Piguet (UK) Limitedultimate parent75–100%
Audemars Piguet (Sloane Street) UK Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Audemars Piguet (Manchester) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £3.5m), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.