ADIDAS (U.K.) LIMITED
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Cash
£3.6m
-8.5% lowest in 3 filed years
Net assets
£74m
+7.2% highest in 3 filed years
Employees
1,715
+4.2% highest in 3 filed years
Profit before tax
£37m
-18.8% vs 2024
Watch the reel
Our short-form breakdown of ADIDAS (U.K.) LIMITED's latest filing
Adidas UK grew sales to £1.36bn this year, but higher costs squeezed the margins. 👟📉
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,125,356,000 | £1,283,102,000 | £1,364,544,000 | +6.3% | |
| Operating profit | £36,250,000 | £50,373,000 | £40,604,000 | -19.4% | |
| Profit before tax | £30,859,000 | £45,858,000 | £37,228,000 | -18.8% | |
| Net profit | £21,994,000 | £33,458,000 | £27,584,000 | -17.6% | |
| Cash | £4,793,000 | £3,904,000 | £3,574,000 | -8.5% | |
| Total assets less current liabilities | £189,773,000 | £207,365,000 | £201,003,000 | -3.1% | |
| Net assets | £44,385,000 | £68,987,000 | £73,954,000 | +7.2% | |
| Equity | £44,385,000 | £68,987,000 | £73,954,000 | +7.2% | |
| Average employees | 1,566 | 1,646 | 1,715 | +4.2% | |
| Wages | £64,893,000 | £71,159,000 | £78,059,000 | +9.7% | |
| Directors' remuneration | £595,000 | £909,000 | £1,110,000 | +22.1% | |
| Directors' pension contributions | £40,000 | £32,000 | £17,000 | -46.9% | |
| Highest paid director | £404,000 | £625,533,000 | £950,294,000 | +51.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.2% | 3.9% | 3.0% | |
| Net margin | 2.0% | 2.6% | 2.0% | |
| Return on capital employed | 19.1% | 24.3% | 20.2% | |
| Gearing (liabilities / total assets) | 85.7% | 81.4% | 79.9% | |
| Current ratio | 1.08x | 1.19x | 1.18x | |
| Interest cover | 5.17x | 7.75x | 7.18x |
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.
Name history
Renamed 1 time since incorporation
- ADIDAS (U.K.) LIMITED 1986-02-01 → present
- UMBRO INTERNATIONAL (FOOTWEAR) LIMITED 1972-10-10 → 1986-02-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Rosemary | Secretary | 2019-05-07 | — | — |
| CREIGHTON, Matthew | Director | 2022-06-30 | Nov 1985 | British |
| SWARBRICK, Kathryn Louise | Director | 2022-01-24 | Sep 1976 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROPHY, James Anthony | Secretary | — | 1993-10-31 |
| HACKETT, Andrew Richard | Secretary | 2003-02-01 | 2013-01-29 |
| SANDHU, Bhupinder Singh | Secretary | 2013-01-29 | 2019-06-01 |
| SUCHOPAREK, Paul Anton | Secretary | 1993-11-01 | 2003-01-31 |
| AUSCHEL, Roland Herbert | Director | 2002-02-18 | 2014-06-18 |
| BAIRD, Gordon | Director | 1999-10-21 | 2003-01-31 |
| BARTLETT, James | Director | — | 1992-12-14 |
| BRADLEY, James | Director | — | 1993-03-09 |
| BROPHY, James Anthony | Director | — | 1993-10-31 |
| BUCK, Stephen Mitchell | Director | — | 1993-10-31 |
| FARRINGTON, Paul Raymond | Director | 1996-04-01 | 1997-11-03 |
| GRIFFITHS, Nigel Barry | Director | 2008-02-28 | 2009-12-31 |
| HACKETT, Andrew Richard | Director | 2008-02-28 | 2022-06-30 |
| HACKETT, Andrew Richard | Director | 2006-09-26 | 2007-01-10 |
| HAINER, Herbert | Director | 1996-01-01 | 2003-01-31 |
| HECKEROTT, Claus Dieter | Director | 2003-11-01 | 2008-02-11 |
| HOELD, Arthur Anton | Director | 2018-07-01 | 2019-06-10 |
| HUNT, Judith Alison | Director | 2021-06-23 | 2022-01-24 |
| HUNTER, Barry Roy | Director | 1998-01-01 | 1999-07-31 |
| JAGGI, Rene Charles | Director | — | 1992-11-06 |
| LAMBERT, Robert John | Director | 2008-02-28 | 2009-12-14 |
| MARKUS, Axel | Director | — | 1994-04-13 |
| MCCULLOCH, Robert Balfour | Director | 1993-10-01 | 1997-09-30 |
| MULLANEY, Ian Martin | Director | 1996-04-01 | 1998-01-19 |
| POURCELOT, Alain Camille Christian | Director | 2017-10-23 | 2018-07-01 |
| PRELLER, Gustav Schoeman | Director | — | 1993-09-30 |
| RICHTER, Andreas Johannes, Mr. | Director | 2011-11-22 | 2019-06-10 |
| SMITH, Kathryn Louise | Director | 2008-02-28 | 2013-01-29 |
| SMITH, Kathryn Louise | Director | 1997-10-13 | 2000-03-13 |
| SMITH, Kathryn Louise | Director | 1996-04-01 | 1997-08-07 |
| STEYAERT, Gil Andre Charles Rene | Director | 2003-02-01 | 2017-10-23 |
| STREMME, Steffen, Doctor | Director | 1993-11-22 | 1995-12-31 |
| SUCHOPAREK, Paul Anton | Director | 1997-04-01 | 2013-01-29 |
| THOMSON, Gavin Preston | Director | 2014-06-18 | 2021-06-30 |
| TOURRES, Christian Jacques Marie Joseph | Director | 1994-04-14 | 2001-03-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Adidas Ag | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 226 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-09 RESOLUTIONS Resolution
- 2023-02-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-27 | CH01 | officers | Change person director company with change date | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-24 | CH01 | officers | Change person director company with change date | |
| 2023-02-09 | RESOLUTIONS | resolution | Resolution | |
| 2023-02-09 | MA | incorporation | Memorandum articles | |
| 2022-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.