ADIDAS (U.K.) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£4M
-18.5% vs 2023
Net assets
£69M
+55.4% vs 2023
Employees
1,646
+5.1% vs 2023
Profit before tax
£46M
+48.6% vs 2023
Name history
Renamed 1 time since incorporation
- ADIDAS (U.K.) LIMITED 1986-02-01 → present
- UMBRO INTERNATIONAL (FOOTWEAR) LIMITED 1972-10-10 → 1986-02-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,125,356,000 | £1,283,102,000 | |
| Operating profit | £36,250,000 | £50,373,000 | |
| Profit before tax | £30,859,000 | £45,858,000 | |
| Net profit | £21,994,000 | £33,458,000 | |
| Cash | £4,793,000 | £3,904,000 | |
| Total assets less current liabilities | £189,773,000 | £207,365,000 | |
| Net assets | £44,385,000 | £68,987,000 | |
| Equity | £44,385,000 | £68,987,000 | |
| Average employees | 1,566 | 1,646 | |
| Wages | £64,893,000 | £71,159,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.2% | 3.9% | |
| Net margin | 2.0% | 2.6% | |
| Return on capital employed | 19.1% | 24.3% | |
| Gearing (liabilities / total assets) | 85.7% | 81.4% | |
| Current ratio | 1.08x | 1.19x | |
| Interest cover | 5.17x | 7.75x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “Sales increased by 14% (2023: 9% decrease) from £1,125,356,000 to £1,283,102,000 versus prior year. This consisted of an increase in sales of £144,710,000 in wholesale, £5,766,000 in our own retail stores and £7,270,000 in our e-Commerce channel.”
- “Profit before tax increased by 49% (2023: 18% decrease) versus prior year to £45,858,000 (2023: £30,859,000), driven primarily by a higher revenue figure.”
- “2024 was a year of growth and strong brand momentum for adidas. The demand for adidas products was evident with substantial growth in both the Lifestyle and Performance categories. The Company benefited from major sports events in 2024, particularly in the Football kit business, which saw an increase in replica shirt sales related to EURO 2024 as well as the popularity of the predator and F50 boots. In the Lifestyle category, the rapid scaling of the Terrace range has driven customer demand in 2024. The Company expects growth to continue during 2025, with continued focus on reducing discounting activity and improving the overall business mix on its own online platforms while maintaining the strong brand momentum.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Rosemary | Secretary | 2019-05-07 | — | — |
| CREIGHTON, Matthew | Director | 2022-06-30 | Nov 1985 | British |
| SWARBRICK, Kathryn Louise | Director | 2022-01-24 | Sep 1976 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROPHY, James Anthony | Secretary | — | 1993-10-31 |
| HACKETT, Andrew Richard | Secretary | 2003-02-01 | 2013-01-29 |
| SANDHU, Bhupinder Singh | Secretary | 2013-01-29 | 2019-06-01 |
| SUCHOPAREK, Paul Anton | Secretary | 1993-11-01 | 2003-01-31 |
| AUSCHEL, Roland Herbert | Director | 2002-02-18 | 2014-06-18 |
| BAIRD, Gordon | Director | 1999-10-21 | 2003-01-31 |
| BARTLETT, James | Director | — | 1992-12-14 |
| BRADLEY, James | Director | — | 1993-03-09 |
| BROPHY, James Anthony | Director | — | 1993-10-31 |
| BUCK, Stephen Mitchell | Director | — | 1993-10-31 |
| FARRINGTON, Paul Raymond | Director | 1996-04-01 | 1997-11-03 |
| GRIFFITHS, Nigel Barry | Director | 2008-02-28 | 2009-12-31 |
| HACKETT, Andrew Richard | Director | 2008-02-28 | 2022-06-30 |
| HACKETT, Andrew Richard | Director | 2006-09-26 | 2007-01-10 |
| HAINER, Herbert | Director | 1996-01-01 | 2003-01-31 |
| HECKEROTT, Claus Dieter | Director | 2003-11-01 | 2008-02-11 |
| HOELD, Arthur Anton | Director | 2018-07-01 | 2019-06-10 |
| HUNT, Judith Alison | Director | 2021-06-23 | 2022-01-24 |
| HUNTER, Barry Roy | Director | 1998-01-01 | 1999-07-31 |
| JAGGI, Rene Charles | Director | — | 1992-11-06 |
| LAMBERT, Robert John | Director | 2008-02-28 | 2009-12-14 |
| MARKUS, Axel | Director | — | 1994-04-13 |
| MCCULLOCH, Robert Balfour | Director | 1993-10-01 | 1997-09-30 |
| MULLANEY, Ian Martin | Director | 1996-04-01 | 1998-01-19 |
| POURCELOT, Alain Camille Christian | Director | 2017-10-23 | 2018-07-01 |
| PRELLER, Gustav Schoeman | Director | — | 1993-09-30 |
| RICHTER, Andreas Johannes, Mr. | Director | 2011-11-22 | 2019-06-10 |
| SMITH, Kathryn Louise | Director | 2008-02-28 | 2013-01-29 |
| SMITH, Kathryn Louise | Director | 1997-10-13 | 2000-03-13 |
| SMITH, Kathryn Louise | Director | 1996-04-01 | 1997-08-07 |
| STEYAERT, Gil Andre Charles Rene | Director | 2003-02-01 | 2017-10-23 |
| STREMME, Steffen, Doctor | Director | 1993-11-22 | 1995-12-31 |
| SUCHOPAREK, Paul Anton | Director | 1997-04-01 | 2013-01-29 |
| THOMSON, Gavin Preston | Director | 2014-06-18 | 2021-06-30 |
| TOURRES, Christian Jacques Marie Joseph | Director | 1994-04-14 | 2001-03-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Adidas Ag | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 225 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-09 RESOLUTIONS Resolution
- 2023-02-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-27 | CH01 | officers | Change person director company with change date | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-24 | CH01 | officers | Change person director company with change date | |
| 2023-02-09 | RESOLUTIONS | resolution | Resolution | |
| 2023-02-09 | MA | incorporation | Memorandum articles | |
| 2022-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-07-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14%
£1,125,356,000 £1,283,102,000
-
Cash
-18.5%
£4,793,000 £3,904,000
-
Net assets
+55.4%
£44,385,000 £68,987,000
-
Employees
+5.1%
1,566 1,646
-
Operating profit
+39%
£36,250,000 £50,373,000
-
Profit before tax
+48.6%
£30,859,000 £45,858,000
-
Wages
+9.7%
£64,893,000 £71,159,000
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