H&M: who owns it, who runs it and what the accounts show
H&M Hennes & Mauritz UK Limited's person with significant control on the Companies House register is H&M Hennes & Mauritz Ab. In the year to November 2024 H&M Hennes & Mauritz UK Limited reported turnover of £1,368m.
- In the year to November 2024, H&M had turnover of £1,368m, down 5.4% on the year before.
- It made a pre-tax profit of £59m, keeping £4.34 of every £100 of sales.
- It employed an average of 7,807 people, with staff costs of £162m.
- H&M Hennes & Mauritz UK Limited is controlled by H&M Hennes & Mauritz Ab, according to the Companies House register.
- These figures are from H&M Hennes & Mauritz UK Limited's accounts for the year to November 2024, filed at Companies House on 8 December 2025.
- Registered name
- H&M HENNES & MAURITZ UK LIMITED
- Company number
- 01413450
- Status
- Active
- Incorporated
- 6 February 1979
- Registered office area
- West London
- Industry code on the register
- 47710: Retail trade
- Accounts
- Single company accounts, this company only
- Accounts type
- Full accounts
- Latest accounts
- Year to November 2024, filed 8 December 2025
What does H&M do?
H&M Hennes & Mauritz UK is the UK company of H&M Group, the Swedish fashion group, and sells H&M clothing, shoes, accessories, cosmetics and homeware through shops and online in the UK. H&M Group grew from a single shop opened in Sweden in 1947 and now has more than 4,000 shops worldwide under brands including H&M, COS, Weekday, & Other Stories and ARKET, with its goods made by outside suppliers. These figures cover only this UK company's sales, not the whole H&M Group, whose parent, H & M Hennes & Mauritz AB, is listed in Stockholm.
In brief: fashion retailer · UK arm of H&M Group · shops and online · parent listed in Stockholm
Source: H&M's own website, retrieved 9 November 2026.
Who owns H&M?
The Companies House register records H&M Hennes & Mauritz Ab as the person with significant control of H&M Hennes & Mauritz UK Limited, company number 01413450. H&M Hennes & Mauritz Ab is itself company number 556042-7.
That places H&M Hennes & Mauritz UK Limited inside a larger group. The accounts on this page are the company's own, not the wider group's.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs H&M?
The Companies House register lists 4 current officers for H&M Hennes & Mauritz UK Limited.
All 4 current officers
| Officer | Appointed |
|---|---|
| Johan Fredrik Bjorkstedt | 24 May 2021 |
| Adam Gustav Karlsson | 24 May 2021 |
| Bogdan-Aurelian Mandache | 1 August 2023 |
| Karen Marie O'Rourke | 31 July 2025 |
Every current officer, with appointment dates, is on the Companies House register.
What did H&M file?
H&M Hennes & Mauritz UK Limited reported turnover of £1,368m in the year to November 2024. That was down 5.4% on £1,446m the year before.
It reported 7,807 employees. The year before it reported 8,129.
It filed a pre-tax profit of £59m for the year, against a pre-tax profit of £45m the year before.
Staff costs came to £162m. That is an average of £21,000 a head. It ended the year with £9m at the bank and net assets of £133m.
| Measure | Nov 2024 | Nov 2023 |
|---|---|---|
| Turnover | £1,368m | £1,446m |
| Pre-tax profit | £59m (filed) | £45m (filed) |
| Employees | 7,807 | 8,129 |
| Staff costs | £162m | £152m |
| Average staff cost per head | £21,000 | £19,000 |
| Bank and cash | £9m | £10m |
| Net assets | £133m | £75m |
| Dividends paid | n/d | £50m |
| Interest paid | £7m | |
| Interest received | £7m | |
| Directors' pay | £0.9m |
Read the accounts to November 2024 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets
How H&M compares
Of the 9 high street fashion, H&M is 6th on turnover, 4th on profit margin and 6th on growth. Next keeps the most of every £100 of sales: £17.28.
| Rank | High street fashion | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Next | £6,901m | £17.28 |
| 6th | H&M | £1,368m | £4.34 |
| + 7 more high street fashion ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
H&M files as H&M Hennes & Mauritz UK Limited, whose person with significant control is H&M Hennes & Mauritz Ab, with turnover of £1,368m in its latest filed year.
Questions about H&M
What does H&M do?
H&M Hennes & Mauritz UK is the UK company of H&M Group, the Swedish fashion group, and sells H&M clothing, shoes, accessories, cosmetics and homeware through shops and online in the UK. H&M Group grew from a single shop opened in Sweden in 1947 and now has more than 4,000 shops worldwide under brands including H&M, COS, Weekday, & Other Stories and ARKET, with its goods made by outside suppliers. These figures cover only this UK company's sales, not the whole H&M Group, whose parent, H & M Hennes & Mauritz AB, is listed in Stockholm.
Is H&M bigger than Zara UK?
No, by turnover. H&M reported £1,368m in its latest accounts, against £1,771m at Zara UK. Our Zara v H&M page compares the two on profit, margin, growth and staff. Zara v H&M →
How does H&M compare with its rivals?
By turnover, H&M is 6th of the 9 companies in our battle of high street fashion, behind Next. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of high street fashion →
Who owns H&M?
The Companies House register records H&M Hennes & Mauritz Ab as the person with significant control of H&M Hennes & Mauritz UK Limited.
How much does H&M make?
H&M Hennes & Mauritz UK Limited reported turnover of £1,368m in the year to November 2024. It filed a pre-tax profit of £59m.
How many people work at H&M?
H&M Hennes & Mauritz UK Limited reported 7,807 employees in the year to November 2024.
Who runs H&M?
The Companies House register lists 4 current officers for H&M Hennes & Mauritz UK Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from H&M Hennes & Mauritz UK Limited's filings at Companies House, company number 01413450, for the period shown at the top of the page.
- These are single company accounts: they cover this company alone, not any wider group.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “H&M: who owns it, who runs it and what the accounts show”, updated 9 November 2026. https://www.spark-intel.co.uk/companies/h-and-m/. Figures from Companies House filings for H&M HENNES & MAURITZ UK LIMITED (01413450).
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