THE WORKS STORES LIMITED

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

• Turnover

  -2%

  £282,585,000 → £277,039,000

• Cash

  +154.4%

  £1,619,000 → £4,118,000

• Net assets

  +47.9%

  £14,097,000 → £20,856,000

• Employees

  -8.2%

  4,026 → 3,697

• Operating profit

  +91.3%

  £7,452,000 → £14,257,000

• Profit before tax

  +222%

  £2,951,000 → £9,502,000

• Wages

  +0.1%

  £62,356,000 → £62,409,000

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

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.

1. THE WORKS STORES LIMITED 2008-05-07 → present
2. CAPITOL THOUGHT LIMITED 2008-04-07 → 2008-05-07

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and have therefore prepared the financial statements on a going concern basis.”

Group structure

1. THE WORKS STORES LIMITED · parent
   1. The Works Online Limited 100% · United Kingdom · Active

Significant events

• “New strategy launched in January 2025, 'Elevating The Works', focused on The Works becoming the favourite destination for affordable, screen-free activities for the whole family.”
• “Ongoing optimisation of the store estate, with 7 new openings, 15 closures and 4 relocations, ending the year with a portfolio of 503 stores.”
• “Experienced operational challenges at third-party operated online fulfilment centre in August-October.”
• “Significant growth as a result of negotiations with suppliers, focused control of product mix, better stock management and reduced promotional activity.”
• “Strengthened corporate and charity fundraising partnership with the National Literacy Trust (NLT), raising £66k in FY25.”
• “Raised £57k in partnership with Mind, SAMH and Inspire during FY25.”
• “In partnership with Barnardo's, rolled out 'Play It Forward' product take-back scheme in 468 stores, enabling customers to donate used items for reuse or recycling.”

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

Filings

2

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.