NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED
Operating as the UK subsidiary of US-based New Balance Athletics Inc, the private company manufactures and retails athletic footwear and apparel through its specialised stores and e-commerce platform.
Get an alert when NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£94m
+135.5% highest in 3 filed years
Net assets
£244m
+103.7% highest in 3 filed years
Employees
861
+9.1% highest in 3 filed years
Profit before tax
£257m
+33.4% highest in 3 filed years
Watch the reel
Our short-form breakdown of NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED's latest filing
New Balance's UK arm just crossed the £1bn sales mark, driving a £60m dividend back to its US parent. 👟📈 #BusinessNews #UKBusiness #NewBalance #Retail
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 | £882,175,431 | £1,026,089,739 | £1,279,100,984 | +24.7% | |
| Operating profit | £152,692,619 | £199,663,326 | £256,948,755 | +28.7% | |
| Profit before tax | £148,256,893 | £192,356,227 | £256,690,932 | +33.4% | |
| Net profit | £114,436,592 | £143,934,302 | £191,733,717 | +33.2% | |
| Cash | £27,134,239 | £39,815,217 | £93,747,187 | +135.5% | |
| Total assets less current liabilities | £36,434,451 | £120,504,413 | £246,260,372 | +104.4% | |
| Net assets | £35,712,116 | £119,647,476 | £243,668,919 | +103.7% | |
| Equity | £35,712,116 | £119,647,476 | £243,668,919 | +103.7% | |
| Average employees | 738 | 789 | 861 | +9.1% | |
| Wages | £33,093,210 | £38,774,646 | £47,551,081 | +22.6% | |
| Directors' remuneration | £245,748 | £230,802 | £184,209 | -20.2% | |
| Directors' pension contributions | £27,443 | £53,818 | £53,836 | 0% | |
| Highest paid director | £245,748 | £230,802 | £184,209 | -20.2% |
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 | 17.3% | 19.5% | 20.1% | |
| Net margin | 13.0% | 14.0% | 15.0% | |
| Return on capital employed | 419.1% | 165.7% | 104.3% | |
| Gearing (liabilities / total assets) | 89.0% | 63.6% | 48.2% | |
| Current ratio | 1.09x | 1.52x | 2.00x | |
| Interest cover | 34.42x | 27.32x | — |
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
- NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED 1982-04-21 → present
- BRACKENDOWN LIMITED 1982-02-23 → 1982-04-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The directors have assessed the company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.”
Significant events
- “After the year end, a dividend of £91,228,723 was declared and paid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAURON, Paul | Secretary | 2015-06-16 | — | — |
| DAVIS, James Spiro | Director | — | May 1943 | American |
| DICKEN, Graham | Director | 2018-11-01 | Mar 1971 | British |
| DOYLE, Kevin Michael | Director | 2019-12-31 | Jan 1970 | American |
| PRESTON, Joseph Eugene | Director | 2018-11-01 | Nov 1962 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORTY, Peter | Secretary | 1994-11-21 | 1999-01-14 |
| JONES, Stephen Howard | Secretary | — | 1994-08-30 |
| EPS SECRETARIES LIMITED | Corporate Secretary | 1999-01-14 | 2016-04-04 |
| ALLEN, Francis | Director | 2015-06-16 | 2018-11-01 |
| CAMERON, Alistair Donald | Director | 2003-07-04 | 2007-03-01 |
| DEMARTINI, Robert | Director | 2015-06-16 | 2018-11-01 |
| GORTY, Peter | Director | — | 1993-11-17 |
| HED, Alan Roy | Director | 2009-06-05 | 2016-11-11 |
| JONES, Stephen Howard | Director | — | 1994-08-30 |
| LARSEN, John | Director | 1997-12-24 | 2015-06-16 |
| LUCAS, Lawrence Russell | Director | 1998-07-15 | 2000-12-31 |
| RAM, Jonathan | Director | 2007-04-01 | 2015-06-16 |
| ROBINSON, David | Director | — | 1993-02-26 |
| SAMUELSON, Lars Olof | Director | — | 1994-04-29 |
| TOMPKINS, James Edward | Director | 1994-11-21 | 2009-06-05 |
| WITHEE, John | Director | 2015-06-16 | 2019-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James Spiro Davis | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 201 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-02 MA Memorandum articles
- 2024-01-02 RESOLUTIONS Resolution
- 2023-12-20 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-09 | CH03 | officers | Change person secretary company with change date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-01-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-05 | CH01 | officers | Change person director company with change date | |
| 2025-01-05 | CH01 | officers | Change person director company with change date | |
| 2025-01-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-05 | CH01 | officers | Change person director company with change date | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-02 | MA | incorporation | Memorandum articles | |
| 2024-01-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-20 | CC04 | change-of-constitution | Statement of companys objects |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.