LULULEMON ATHLETICA UK LTD

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's business activities, together with the factors likely to affect its future development, its financial position, financial risk management objectives, details of its financial instruments and its exposures to price, credit, liquidity and cash flow risk are described in the Strategic report on pages 3 to 6. The parent has provided a letter of support to ensure the Company has adequate financial resources and cash available to continue to operate for a period of at least 12 months after approval of the financial statements. Market support payments will be received from the Group to offset any losses incurred by the Company in marketing the lululemon brand in the UK. This transfer pricing arrangement with the wider lululemon group will continue over the going concern period, and the directors are satisfied that the group has sufficient liquidity to support the company taking into account both the budgeted and downside scenarios. Based on the Company's financial position and the letter of support, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual report and financial statements.”

Significant events

• “Due to continued underperformance and a change in UK store strategy, we closed the Glasgow store location on February 11, 2024. We relocated one location to a larger space during the year, boosting Retail sales. Ecommerce performed well following further optimisation of the website.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +18.3%

  £113,391,727 → £134,184,049

• Cash

  +7.5%

  £47,051,377 → £50,577,016

• Net assets

  +18.6%

  £51,701,362 → £61,328,562

• Employees

  +16.2%

  624 → 725

• Operating profit

  +34.3%

  £5,335,801 → £7,166,462

• Profit before tax

  +62.2%

  £5,780,782 → £9,373,984

• Wages

  +12.3%

  £34,887,331 → £39,163,004

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