How much does Asics UK Limited make?

Asics UK Limited reported revenue of £70m and £1m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Asics UK Limited have?

Asics UK Limited reported an average of 213 employees in the year to 31 Dec 2023.

Is Asics UK Limited profitable?

Yes — Asics UK Limited reported a profit of £1m in the year to 31 Dec 2023.

Company No. 02104906 · Incorporated 2 Mar 1987

Asics UK Limited

Registered name: ASICS UK LIMITED

Asics UK Limited made £70m revenue and £1m profit in the year to 31 Dec 2023.

Asics UK Limited’s revenue grew 13% to £70m in the year to 31 Dec 2023, with £1m profit and 213 employees. The company is classified under “wholesale of clothing and footwear” and is based in Warrington; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear

Status: Active
Location: Warrington, North West
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightOperating leverageDoing more with less

Revenue

£70m

Growth ▲13.3%

Profit

£1m

Growth ▲463.5%

Profit margin

1.5%

Gross 33.1%

Employees

213

Change ▼12%

Profit / employee

£4.8k

Revenue/employee £329k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£61.8m	£70m
Cost of sales	£39.9m	£46.9m
Gross profit	£22m	£23.1m
Operating profit	£436k	£1.3m
Profit before tax	£436k	£1.3m
Profit after tax	£181k	£1m
Profit (best available)	£181k	£1m
Employees (average)	242	213
Ratios
Profit margin	0.3%	1.5%
Gross margin	35.5%	33.1%
Revenue per employee	£255k	£329k
Profit per employee	£748	£4.8k
Growth (year on year)
Revenue growth	—	▲13.3%
Profit growth	—	▲463.5%
Headcount growth	—	▼12%
Balance sheet — indirect signals, not revenue
Cash at bank	£551k	£204k
Net assets	£12.7m	£13.7m
Fixed assets	£3.2m	£2.4m
Current assets	£14m	£15.5m
Debtors	£6.5m	£4.9m
Deferred income	£2m	£1.7m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 33.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £329k; Revenue ÷ average employees.
Profit per employee: £4.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲8%; Now £13.7m
Cash at bank: ▼63%; Now £204k
Headcount: ▼12%; Now 213
Deferred income: ▼14%; Now £1.7m
Fixed assets: ▼25%; Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

Asics Corporation (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1m), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.