UK Companies House feature
GYMSHARK LTD
Cash
£70M
+132.9% vs 2019
Net assets
£60M
+57.2% vs 2019
Employees
377
+44.4% vs 2019
Profit before tax
£30M
+63.6% vs 2019
Profile
- Company number
- 08130873
- Status
- Active
- Incorporation
- 2012-07-05
- Last accounts made up
- 2024-07-31
- Account category
- FULL
- Primary SIC
- 47190
- Hubs
- UK Consumer / DTC
Net assets
2-year trend · vs UK Consumer / DTC median
Accounts
2-year trend · latest 2020-07-31
| Metric | Trend | 2019-07-31 | 2020-07-31 |
|---|---|---|---|
| Turnover | £176,164,000 | £260,674,000 | |
| Operating profit | £18,550,000 | £30,585,000 | |
| Profit before tax | £18,439,000 | £30,170,000 | |
| Net profit | — | — | |
| Cash | £30,224,000 | £70,377,000 | |
| Total assets less current liabilities | £43,269,000 | £64,533,000 | |
| Net assets | £38,191,000 | £60,023,000 | |
| Equity | £38,191,000 | £60,023,000 | |
| Average employees | 261 | 377 | |
| Wages | £16,182,000 | £25,704,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on their assessment, the directors believe the Company has adequate available resources to fund its operations for the going concern period to 31 December 2025 and therefore have concluded that it remains appropriate for the Company financial statements to be prepared on a going concern basis.”
Subsidiaries
- Gymshark HK Ltd · 100% held · Hong Kong
- Gymshark USA Inc · 100% held · Mauritius
- Gymshark DE GmbH · 100% held · Germany
Significant events
- “The Company opened its second permanent retail store in Westfield, Stratford shopping centre.”
- “The board took the decision to relocate its US head office from Denver to New York.”
- “The Company also secured a new revolving credit facility in May 2024 from a club of banks, headed by HSBC Bank Plc.”
- “The second half of the year saw the launch of our partnership in the United Kingdom with Selfridges in its stores on Oxford Street and in the Trafford Centre.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REED, Christopher Ian | Secretary | 2020-10-19 | — | — |
| FRANCIS, Benjamin | Director | 2012-07-05 | Jun 1992 | British |
| MCELHINNEY, Noel Anthony | Director | 2023-04-01 | Nov 1990 | British |
| SANDERS, Richard Elliot Burgess | Director | 2025-02-01 | Mar 1990 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHANA, Niran | Director | 2022-08-01 | 2023-06-22 |
| CHAPPLE, Richard David Mark | Director | 2017-10-01 | 2018-10-29 |
| DAW, Philip | Director | 2019-04-01 | 2022-12-31 |
| DUNN, Mathew James | Director | 2023-01-09 | 2024-11-19 |
| HEWITT, Steven Gerard | Director | 2015-06-01 | 2022-07-31 |
| MORGAN, Lewis | Director | 2012-07-05 | 2016-09-21 |
| RICHARDSON, Paul Stephen | Director | 2015-06-01 | 2022-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gymshark Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-07-31 | Active |
| Gymshark Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-01-18 | Ceased 2025-07-31 |
| Mr Lewis Morgan | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-01-18 |
| Mr Benjamin Francis | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-01-18 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-11-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-11-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-09-26 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-04-28 | AA | accounts | accounts with accounts type full |
| 2025-02-13 | AP01 | officers | appoint person director company with name date |
| 2025-01-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-03 | TM01 | officers | termination director company with name termination date |
| 2024-05-29 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-05-29 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-05-29 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-05-29 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-04-25 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-02-20 | AA | accounts | accounts with accounts type full |
| 2024-01-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-23 | AAMD | accounts | accounts amended with accounts type full |
| 2023-06-22 | TM01 | officers | termination director company with name termination date |
| 2023-04-22 | AA | accounts | accounts with accounts type full |
| 2023-04-05 | AP01 | officers | appoint person director company with name date |
| 2023-01-26 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2020-07-31
5.52
SAFE
Altman Z″
- Working capital / Total assets 0.421 × 6.56 = +2.76
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.254 × 6.72 = +1.71
- Book equity / Total liabilities 0.994 × 1.05 = +1.04
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory