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Company No. 10004967 · Incorporated 15 Feb 2016

Zelus Sport Limited

Registered name: ZELUS SPORT LIMITED

Part of Crius Topco Limited group

Zelus Sport Limited made £37.9m revenue and £8m profit in the year to 31 Dec 2025.

Zelus Sport Limited’s revenue grew 44% to £37.9m in the year to 31 Dec 2025, with £8m profit and 54 employees. The company is classified under “wholesale of clothing and footwear” and is based in Altrincham; we hold 4 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
Altrincham, North West
Age
10 yrs · since 2016
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£37.9m
Growth ▲43.7%
Profit
£8m
Growth —
Profit margin
21.1%
Gross 38.1%
Employees
54
Change ▲8%
Profit / employee
£148k
Revenue/employee £703k
Profitable streak
1yr
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£5.6m£10.6m£26.4m£37.9m
Cost of sales£7m£7.5m£17.8m£23.5m
Gross profit−£1.4m£3.1m£8.6m£14.5m
Operating profit−£7m£1.2m£136k£6.3m
Profit before tax−£8.5m−£826k−£2m£5.6m
Profit after tax−£8.5m−£826k−£2.1m£8m
Profit (best available)−£8.5m−£826k−£2.1m£8m
Staff costs£2.3m£3.2m£3.8m£3.1m
Employees (average)34435054
Ratios
Profit margin−150.5%−7.8%−7.8%21.1%
Gross margin−24.3%29.3%32.7%38.1%
Revenue per employee£166k£246k£528k£703k
Profit per employee−£250k−£19.2k−£41.2k£148k
Growth (year on year)
Revenue growth—▲87.8%▲149.1%▲43.7%
Headcount growth—▲26.5%▲16.3%▲8%
Balance sheet — indirect signals, not revenue
Cash at bank£172k£1.8m£2.3m£3m
Net assets−£17.8m−£18.6m−£20.7m−£12.7m
Fixed assets£1.1m£815k£717k£882k
Current assets£16.7m£17.8m£22m£33m
Debtors£925k£1.1m£7.2m£8.3m
Deferred income£1.2m£1.2m£2.1m£4.6m
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
21.1%
Profit ÷ revenue.
Gross margin
38.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£703k
Revenue ÷ average employees.
Profit per employee
£148k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
12.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.9%
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
—
Now −£12.7m
Cash at bank
▲33%
Now £3m
Headcount
▲8%
Now 54
Deferred income
▲123%
Now £4.6m
Fixed assets
▲23%
Now £882k

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

Ownership chain

  1. Crius Topco Limitedultimate parent75–100%
  2. Crius Midco Limited75–100%
  3. Crius Bidco Limited75–100%
  4. Zelus Sport Holdings Limited75–100%
  5. Zelus Sport Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £8m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

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