FOOTASYLUM LIMITED

1. FOOTASYLUM LIMITED 2019-09-19 → present
2. FOOTASYLUM PLC 2017-10-26 → 2019-09-19
3. FOOTASYLUM LIMITED 2005-08-12 → 2017-10-26

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

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have adopted the going concern basis for preparing the financial statements. As of the year-end, the Group is in a strong financial position, with a cash balance exceeding £20m, net current assets of over £13m, and a net asset position of more than £67m. Additionally, during the year, the Group successfully refinanced with a £35m revolving credit facility from HSBC, further strengthening its balance sheet. The revolving credit was facility was fully unutilised at year end contributing to a cash headroom of £56m.”

Group structure

1. FOOTASYLUM LIMITED · parent
   1. Drome Limited 100% · England · Dormant
   2. Footasylum Brands Limited 100% · England · Dormant
   3. Projekts NYC Limited 100% · England · Dormant
   4. Footasylum GmbH 100% · Germany · Trading

Significant events

• “We are pleased to report another year of record revenue performance, up 9.4% to £349.5m (FY24: £319.5m), and profit performance, profit before tax up 188% to £17.2m (FY24: £6.0m).”
• “During the period, we successfully refinanced with a £35m revolving credit facility from HSBC, enabling Footasylum to further enhance its digital-first customer journey while continuing to open new stores in locations convenient for our consumers.”
• “National Insurance changes, as outlined in the 2024 Autumn Budget, will take effect from April 2025, resulting in an increase to the Group's employment costs.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +9.4%

  £319,513,000 → £349,456,000

• Cash

  +73.8%

  £12,026,000 → £20,899,000

• Net assets

  +41.8%

  £47,452,000 → £67,287,000

• Employees

  -13%

  2,951 → 2,566

• Operating profit

  +107.5%

  £10,432,000 → £21,646,000

• Profit before tax

  +188.7%

  £5,958,000 → £17,201,000

• Wages

  -2.1%

  £47,949,000 → £46,945,000

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