Gn Hearing UK Ltd
Wholesale of pharmaceutical goods · Bicester
ActiveUnited KingdomIncorporated 1994Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£8,301,772
Cash
£15,604
Turnover
£41,351,031
Profit / loss
£4,398,812
Current assets
£11,383,037
Creditors < 1 year
£9,434,998
Equity
£8,301,772
Average employees
58
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read | 2022-12-3112 months | 2021-12-3112 months | 2021-01-01 | 2020-12-3112 months | 2020-01-01 |
|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||
| Net assets | £8,301,772 | £8,579,315 | £8,140,192 | £12,582,288 | — | £12,203,380 | — |
| Equity | £8,301,772 | £8,579,315 | £8,140,192 | £12,582,288 | £11,760,472 | £12,203,380 | £11,012,403 |
| Share capital | £7,376,000 | £7,376,000 | — | — | — | — | — |
| Retained earnings | £902,127 | £1,203,315 | — | — | — | — | — |
| Assets | |||||||
| Fixed assets | £7,205,937 | £7,473,846 | £1,455,806 | £3,585,943 | — | £2,682,636 | — |
| Property, plant & equipment | £1,144,400 | £1,412,309 | — | — | — | — | — |
| Investments | £6,061,537 | £6,061,537 | — | — | — | — | — |
| Current assets | £11,383,037 | £19,378,391 | £12,861,612 | £15,746,277 | — | £16,666,984 | — |
| Cash at bank | £15,604 | — | £342,879 | £1,034,518 | — | £1,924,349 | — |
| Debtors | £10,885,031 | £18,895,041 | £12,503,400 | £14,615,042 | — | £14,504,052 | — |
| Stock | £482,402 | £483,350 | £15,333 | £96,717 | — | £238,583 | — |
| Liabilities | |||||||
| Creditors within one year | £9,434,998 | £15,253,129 | £3,541,510 | £2,341,409 | — | £3,471,530 | — |
| Creditors after one year | £652,204 | £770,666 | £781,452 | £3,046,595 | — | £2,366,541 | — |
| Provisions | £200,000 | £2,249,127 | £1,854,264 | £1,361,928 | — | £1,308,169 | — |
| Net current assets | £1,948,039 | £4,125,262 | £9,320,102 | £13,404,868 | — | £13,195,454 | — |
| Assets less current liabilities | £9,153,976 | £11,599,108 | £10,775,908 | £16,990,811 | — | £15,878,090 | — |
| Profit & loss | |||||||
| Turnover | £41,351,031 | £31,437,093 | £23,631,505 | £17,760,360 | — | £20,282,815 | — |
| Cost of sales | £33,111,467 | £24,995,016 | — | — | — | — | — |
| Gross profit | £8,239,564 | £6,442,077 | £5,859,192 | £4,330,775 | — | £5,140,066 | — |
| Administrative expenses | £6,652,576 | £5,207,957 | — | — | — | — | — |
| Other operating income | £3,500,000 | — | — | — | — | — | — |
| Operating profit | £5,086,988 | £1,234,120 | £1,040,737 | £619,789 | — | £1,368,781 | — |
| Interest receivable | £915 | £312,277 | — | — | — | — | — |
| Interest payable | £386,309 | £151,106 | — | — | — | — | — |
| Profit before tax | £4,701,594 | £1,395,291 | £1,116,870 | £581,442 | — | £1,360,060 | — |
| Tax | £302,782 | £368,696 | — | — | — | — | — |
| Profit / loss | £4,398,812 | £1,026,595 | £857,542 | £378,908 | — | £1,190,977 | — |
| Operating costs | |||||||
| Depreciation | £361,064 | £319,127 | — | — | — | — | — |
| Audit fees | £70,000 | £68,000 | — | — | — | — | — |
| People & pay | |||||||
| Average employees | 58 | 51 | 49 | 34 | — | 42 | — |
| Staff costs | £4,204,764 | £3,414,631 | — | — | — | — | — |
| Wages & salaries | £3,563,415 | £2,891,871 | — | — | — | — | — |
| Social security costs | £451,836 | £358,195 | — | — | — | — | — |
| Pension costs | £189,513 | £164,565 | — | — | — | — | — |
| Directors' remuneration | £418,036 | £444,288 | — | — | — | — | — |
| Highest paid director | £273,633 | £265,594 | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- James Cowper Kreston Audit
- Audit opinion
- Clean (unmodified)
- Immediate parent
- GN Hearing A/S
- Ultimate parent
- GN Store Nord A/S
- Ultimate controlling party
- GN Store Nord A/S
- Accounts
- FRS 101
- Approved
- 2026-09-08, signed by L Waithe
Subsidiaries (1)
- GN Audio UK Limited · 100% · United Kingdom
Turnover by segment (10)
- Sale of goods: 41,180,775 (2025-12-31)
- Sale of goods: 31,258,184 (2024-12-31)
- Services rendered: 170,256 (2025-12-31)
- Services rendered: 178,909 (2024-12-31)
- United Kingdom: 40,440,609 (2025-12-31)
- United Kingdom: 30,196,973 (2024-12-31)
- Rest of Europe: 787,707 (2025-12-31)
- Rest of Europe: 1,171,757 (2024-12-31)
- Rest of the world: 122,715 (2025-12-31)
- Rest of the world: 68,363 (2024-12-31)
Share classes (1)
- 7,376,000 Ordinary of £1.00 each
Events after the year end (2)
- On 16 March 2026, GN Store Nord A/S entered into a definitive agreement for the sale of its hearing business to Amplifon S.p.A.; the transaction values the total Hearing business at DKK 17.0 billion on a cash free and debt free basis.
- The transaction is subject to customary closing conditions, including merger control and other regulatory approvals, and completion of the carve out and statutory demerger; closing is expected by the end of 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesUnknown · created 1997-05-22
All monies
OutstandingShow 2 satisfied / released
Unknown · created 1999-12-20 · satisfied 2016-04-21
£9,400 DUE OR TO BECOME DUE FROM THE COM PANY TO THE CHARGEE
SatisfiedFixed · created 1998-06-25 · satisfied 2006-09-14
All monies
SatisfiedScaleup signal
OECD growth threshold met
6% employee CAGR