ZWIFT UK LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-19 (in 4mo)
Last made up 2025-09-05
Watchouts
None on the register
Cash
£1M
-48.9% vs 2024
Net assets
£12M
+28.4% vs 2024
Employees
78
-13.3% vs 2024
Profit before tax
£3M
+21.4% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £19,741,561 | £13,561,141 | |
| Operating profit | — | £2,286,274 | £828,739 | |
| Profit before tax | — | £2,286,274 | £2,775,138 | |
| Net profit | — | £1,273,722 | £2,299,246 | |
| Cash | £1,010,243 | £2,292,444 | £1,170,474 | |
| Total assets less current liabilities | — | £9,541,946 | £12,196,924 | |
| Net assets | — | £9,412,154 | £12,082,566 | |
| Equity | £7,905,221 | £9,412,154 | £12,082,566 | |
| Average employees | — | 90 | 78 | |
| Wages | — | £9,633,649 | £7,437,987 | |
| Directors' remuneration | — | — | — |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-31.3%
£19,741,561 £13,561,141
-
Cash
-48.9%
£2,292,444 £1,170,474
-
Net assets
+28.4%
£9,412,154 £12,082,566
-
Employees
-13.3%
90 78
-
Operating profit
-63.8%
£2,286,274 £828,739
-
Profit before tax
+21.4%
£2,286,274 £2,775,138
-
Wages
-22.8%
£9,633,649 £7,437,987
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 11.6% | 6.1% | |
| Net margin | — | 6.5% | 17.0% | |
| Return on capital employed | — | 24.0% | 6.8% | |
| Current ratio | — | 2.80x | 5.97x | |
| Interest cover | — | — | 353.56x |
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 2 times since incorporation
- ZWIFT UK LTD 2014-08-15 → present
- SAKONNET TECHNOLOGY UK LIMITED 2001-10-03 → 2014-08-15
- NETLEAD LIMITED 2001-09-05 → 2001-10-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Management has evaluated whether there are conditions and events that prevent the entity from meeting its obligations within one year after the date the financial statements are issued and concluded that there are no going concern financial reporting implications. The directors have concluded that there are no material uncertainties that cast significant doubt over the Company's ability to continue as a going concern, and the financial statements have been prepared on that basis.”
Significant events
- “In April 2025, the Company's ultimate parent, Zwift Inc. (United States), entered into a non-binding term sheet for the repurchase of certain Common Stock, Series C and Series C-2 preferred shares.”
- “On October 16, 2025, Zwift UK Ltd declared a dividend to its parent company, Zwift Inc., in the amount of 7,350,000 GBP.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MIN, Eric Kyoohong | Director | 2001-10-25 | May 1967 | American |
| MYRIN, Alarik | Director | 2001-10-25 | Sep 1970 | American |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LIN, Linda | Secretary | 2001-09-17 | 2014-08-13 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-09-05 | 2001-09-17 |
| BANNISTER, Thurstan Roger Ralph | Director | 2001-09-17 | 2008-04-22 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-09-05 | 2001-09-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-26 RESOLUTIONS Resolution
- 2023-04-17 MA Memorandum articles
- 2023-04-17 RESOLUTIONS Resolution
- 2023-04-05 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | CH01 | officers | Change person director company with change date | |
| 2024-05-13 | CH01 | officers | Change person director company with change date | |
| 2024-04-10 | AA | accounts | Accounts with accounts type full | |
| 2023-09-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-07 | CH01 | officers | Change person director company with change date | |
| 2023-05-03 | SH01 | capital | Capital allotment shares | |
| 2023-04-26 | SH02 | capital | Capital alter shares subdivision | |
| 2023-04-26 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-17 | MA | incorporation | Memorandum articles | |
| 2023-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-06 | AA | accounts | Accounts with accounts type full | |
| 2023-04-05 | CC04 | change-of-constitution | Statement of companys objects | |
| 2022-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-31 | AA | accounts | Accounts with accounts type small | |
| 2021-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.