IKEA DISTRIBUTION SERVICES LIMITED

Active
Company number 03568682Private limited companyIncorporated 1998

Key figures

£20,917,000+37.3%
Net assets 2024/25
+37.3%
Average annual growth 2023/24–2024/25
010 m20 m30 m2023/242024/25

† IKEA DISTRIBUTION SERVICES LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 46470

Where the company stands among the 2,367 active companies whose first SIC code is 46470 (Wholesale of furniture, carpets and lighting equipment).

Turnover£137,828,000
Higher than 98% · median £14,920,678 among 42 that publish turnover
Net assets£20,917,000
Higher than 99% · median £9,938
Cash£161,000
Higher than 71% · median £34,104
Employees1,443
Higher than 99% · median 1
Company age28.5 years
Older than 95% · median 4.5 years
Largest in this sector by net assets
  1. POOLE LIGHTING LIMITED£63.6m
  2. LIKEWISE GROUP PLC£45m
  3. SMART ELECTRONIC TECHNOLOGIES LTD£36.9m
  4. STEEPLE GROUP LIMITED£35m
  5. VALLEY WHOLESALE CARPETS LIMITED£34.9m
  6. CREATECITY LIMITED£21.2m
  7. IKEA DISTRIBUTION SERVICES LIMITED£20.9m
  8. BIRLEA FURNITURE LIMITED£16.4m
  9. MAZE RATTAN LIMITED£16.3m
  10. STEEPLE LIGHTING LIMITED£14.1m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,367. The line on each bar marks the median.

Summary: IKEA DISTRIBUTION SERVICES LIMITED

What kind of company is it?

IKEA DISTRIBUTION SERVICES LIMITED is a private limited company registered with Companies House under company number 03568682. It was incorporated on 21 May 1998. Its status is active. The registered office is in London (EC4M). Its nature of business (SIC 2007) is wholesale of furniture, carpets and lighting equipment (46470), wholesale of household goods (other than musical instruments) n.e.c. (46499).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files full accounts. Turnover was £137,828,000. Profit for the year was £5,686,000. Net assets were £20,917,000, up 37.3% on the previous year. Cash at bank and in hand was £161,000. The company had an average of 1,443 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 2,367 active companies whose first SIC code is 46470: By turnover it ranks higher than 98% of the 42 that publish turnover (median £14,920,678). By net assets it ranks higher than 99% of them (median £9,938). By cash it ranks higher than 71% of them (median £34,104). By number of employees it ranks higher than 99% of them (median 1). It is older than 95% of them (median age 4.5 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly furniture and lighting, machinery. HMRC lists it as an exporter of goods, mainly furniture and lighting, other textile articles, carpets. In its latest payment practices report it took an average of 39 days to pay suppliers, and 14% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 0.9% lower than for men.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 16 May 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover133,339,000137,828,000
Profit for the year3,271,0005,686,000
Cash at bank and in hand1,286,000161,000
Total assets91,146,000—
Total liabilities——
Net assets / total equity15,231,00020,917,000
Average number of employees—1,443

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Mar 2026 – 31 Aug 2026
Average time taken to pay invoices
39 days
Invoices not paid within agreed terms
14%
Member of a payment code
No
  • Within 30 days 86%
  • 31 to 60 days 8%
  • After 60 days 6%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
28 Feb 2026
38
85%
15%
31 Aug 2025
35
88%
12%
28 Feb 2025
37
86%
14%
31 Aug 2024
33
80%
20%
29 Feb 2024
37
60%
41%
31 Aug 2023
27
91%
10%
28 Feb 2023
27
89%
12%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 0.9% lower
Mean hourly pay
women 0.1% lower
Employer size
1000 to 4999 employees
Lower pay quarter31.1% womenLower middle37.2% womenUpper middle32% womenUpper pay quarter32.9% women
Earlier years (7)
Year
Median hourly pay
Mean hourly pay
2024/25
women 0.8% lower
women 1.1% higher
2023/24
women 5.2% lower
women 1.7% higher
2022/23
women 1.4% lower
women 3.5% higher
2021/22
women 1.1% lower
women 5.9% higher
2020/21
women 1.1% higher
women 3.7% higher
2018/19
women 2.6% higher
women 14.2% higher
2017/18
women 0.9% higher
women 10.6% higher

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. This report was submitted after the deadline. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 3 of the last 12 months on record, most recently April 2026. Main goods: furniture and lighting and machinery.

Listed by HMRC as an exporter of goods in 10 of the last 12 months on record, most recently August 2026. Main goods: furniture and lighting, other textile articles, carpets, glass and iron and steel articles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £137.8m, net assets £20.9m, 1,443 employees
  2. Financial year 2023/24 endedAccounts: turnover £133.3m, net assets £15.2m
  3. Ikea Limited registered as a person with significant control
  4. Name changed to IKEA DISTRIBUTION SERVICES LIMITEDPreviously IKEA WHOLESALE LIMITED
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.