GYMSHARK LTD
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Next accounts due
2026-04-30
Overdue
Confirmation statement due
2027-02-02 (in 9mo)
Last made up 2026-01-19
Watchouts
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
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-04-30.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2020-07-31
Latest accounts filed cover 2024-07-31; financial figures currently reflect up to 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 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 | 2019-07-31 | 2020-07-31 |
|---|---|---|---|
| Operating margin | 10.5% | 11.7% | |
| Return on capital employed | 42.9% | 47.4% | |
| Interest cover | 118.15x | 73.70x |
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
- 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.”
Group structure
- GYMSHARK LTD · parent
- Gymshark HK Ltd 100%
- Gymshark USA Inc 100%
- Gymshark DE GmbH 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
FY2019 → FY2020 · period ending 2020-07-31 vs 2019-07-31
-
Turnover
+48%
£176,164,000 £260,674,000
-
Cash
+132.9%
£30,224,000 £70,377,000
-
Net assets
+57.2%
£38,191,000 £60,023,000
-
Employees
+44.4%
261 377
-
Operating profit
+64.9%
£18,550,000 £30,585,000
-
Profit before tax
+63.6%
£18,439,000 £30,170,000
-
Wages
+58.8%
£16,182,000 £25,704,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers