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Cash

£5B

+15.2% vs 2023

Net assets

£4B

+16.4% vs 2023

Employees

2,678

+5.3% vs 2023

Profit before tax

£221M

+69.9% vs 2023

Name history

Renamed 1 time since incorporation

  1. NIKE 360 HOLDING B.V. 2019-12-31 → present
  2. NIKE 360 UK BRANCH 2015-06-01 → 2019-12-31

Accounts

2-year trend · latest reflected 2024-05-31

Metric Trend 2023-05-312024-05-31
Turnover £16,189,478,873£15,557,358,043
Operating profit £53,985,174£82,951,075
Profit before tax £130,293,551£221,393,625
Net profit £100,482,580£185,547,072
Cash £4,038,636,027£4,652,994,070
Total assets less current liabilities £3,697,762,046£4,272,884,359
Net assets £3,660,548,554£4,260,128,984
Equity £3,660,548,554£4,260,128,984
Average employees 2,5442,678
Wages £81,109,711£86,113,417

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 2023-05-312024-05-31
Operating margin 0.3%0.5%
Net margin 0.6%1.2%
Return on capital employed 1.5%1.9%
Gearing (liabilities / total assets) 50.5%46.3%
Current ratio 1.98x2.15x
Interest cover 0.71x0.68x

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
Part 9, Book 2, of the Dutch Civil Code and the firm pronouncements in the Guidelines for Annual Reporting in the Netherlands as issued by the Dutch Accounting Standards Board.
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers Accountants N.V.
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The board of directors prepared the financial statements on the assumption that the entity is a going concern and that it will continue all its operations for at least 12 months from the date of preparation of the financial statements.”

Group structure

  1. NIKE 360 HOLDING B.V. · parent
    1. NIKE 360 Holding B.V. 100% · The Netherlands · Holding company, providing NIKE Liaison Office Services
    2. NIKE Sourcing (Ghuangzhou) Co. Ltd. 100% · China · Sourcing, factory liaison
    3. NIKE 360 Jordan LLC 100% · Jordan · Sourcing, factory liaison
    4. NIKE Vietnam LLC 100% · Vietnam · Sourcing, factory liaison
    5. NIKE Fuel B.V. 100% · The Netherlands
    6. Air Manufacturing Innovation Vietnam LLC 100% · Vietnam · Manufacturing
    7. NIKE Asia Holding B.V. 100% · The Netherlands · Holding company
    8. PT NIKE Indonesia 100% · Indonesia · Sourcing, factory liaison
    9. NIKE Trading Company B.V. 100% · The Netherlands · Procurement, material management, logistics and supply chain operations
    10. NIKE Global Trading B.V. 100% · The Netherlands · Procurement, material management, logistics and supply chain operations
    11. NIKE Global Trading PTE. Ltd. 100% · Singapore · Procurement, material management, logistics and supply chain operations
    12. NIKE Digital Technology (Shenzhen) Co., Ltd. 100% · China
    13. NIKE India Technology Center Private Limited 100% · India

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

People

2 active · 6 resigned

Name Role Appointed Born Nationality
MEIJER, Milou Director 2021-01-11 Sep 1974 Dutch
VACCARO, Melinda Director 2023-06-15 Mar 1977 American
Show 6 resigned officers
Name Role Appointed Resigned
BERNER JR, William Edward Director 2016-09-15 2021-01-11
BOEKRAAD, Hubertus Adrianus Wilhelmus Director 2017-11-01 2018-09-01
LINDBERG, Gavin James Director 2018-09-01 2020-07-01
MCKENZIE, Daniel William Director 2020-07-01 2023-06-15
MECOZZI, Fabrizio Director 2015-06-01 2016-09-15
NULLMEIER, Torsten Dietrich Hermann Director 2015-06-01 2017-11-01

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 25 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2019-12-31 OSNM01 Change of name overseas by resolution with date
Date Type Category Description
2026-04-17 AA accounts Accounts with accounts type full
2024-06-28 AA accounts Accounts with accounts type group
2024-05-10 OSAP01 officers Appoint person director overseas company with name appointment date
2024-04-19 OSTM01 officers Termination person director overseas company with name termination date
2024-04-19 OSAP01 officers Appoint person director overseas company with name appointment date
2023-04-21 AA accounts Accounts with accounts type full
2022-03-01 AA accounts Accounts with accounts type full
2021-03-25 OSAP01 officers Appoint person director overseas company with name appointment date
2021-03-04 OSTM01 officers Termination person director overseas company with name termination date
2021-03-04 OSCH02 other Change company details overseas company
2021-01-26 AA accounts Accounts with accounts type full
2020-09-29 OSTM01 officers Termination person director overseas company with name termination date
2020-05-30 AA accounts Accounts with accounts type full
2019-12-31 OSNM01 change-of-name Change of name overseas by resolution with date
2019-05-22 AA accounts Accounts with accounts type full
2018-11-16 OSAP01 officers Appoint person director overseas company with name appointment date
2018-10-30 OSTM01 officers Termination person director overseas company with name termination date
2018-08-31 AA accounts Accounts with accounts type full
2018-06-07 OSAP01 officers Appoint person director overseas company with name appointment date
2018-06-07 OSTM01 officers Termination person director overseas company with name termination date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-05-31 vs 2023-05-31

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

Official Companies House page