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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

Accounts

3-year trend · latest reflected 2025-03-31

Metric Trend 2023-04-012024-03-312025-03-31
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 9078
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

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 2023-04-012024-03-312025-03-31
Operating margin 11.6%6.1%
Net margin 6.5%17.0%
Return on capital employed 24.0%6.8%
Current ratio 2.80x5.97x
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

  1. ZWIFT UK LTD 2014-08-15 → present
  2. SAKONNET TECHNOLOGY UK LIMITED 2001-10-03 → 2014-08-15
  3. 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

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

No persons with significant control on record.

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 PDF
2025-12-22 AA accounts Accounts with accounts type full PDF
2025-09-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-03 AA accounts Accounts with accounts type full
2024-09-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-06 CH01 officers Change person director company with change date PDF
2024-05-13 CH01 officers Change person director company with change date PDF
2024-04-10 AA accounts Accounts with accounts type full
2023-09-14 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-07 CH01 officers Change person director company with change date PDF
2023-05-03 SH01 capital Capital allotment shares PDF
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 PDF
2021-12-31 AA accounts Accounts with accounts type small
2021-09-08 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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.

Official Companies House page