Angling Direct PLC
Registered name: ANGLING DIRECT PLC
Angling Direct PLC made £104m revenue and £2.1m profit in the year to 31 Jan 2026.
Angling Direct PLC’s revenue grew 14% to £104m in the year to 31 Jan 2026, with £2.1m profit and 505 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Norwich; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Norwich, East of England
- Age
- 22 yrs · since 2004
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £81.7m | £91.3m | £104m |
| Cost of sales | −£53.2m | −£58.3m | −£64.8m |
| Gross profit | £28.5m | £33.1m | £39.1m |
| Profit before tax | £1.5m | £2m | £2.9m |
| Profit after tax | £1.2m | £1.4m | £2.1m |
| Profit (best available) | £1.2m | £1.4m | £2.1m |
| Employees (average) | 446 | 478 | 505 |
| Ratios | |||
| Profit margin | 1.5% | 1.6% | 2% |
| Gross margin | 34.9% | 36.2% | 37.6% |
| Revenue per employee | £183k | £191k | £206k |
| Profit per employee | £2.7k | £3k | £4.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.9% | ▲13.8% |
| Profit growth | — | ▲17.2% | ▲44.5% |
| Headcount growth | — | ▲7.2% | ▲5.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 37.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £206k
- Revenue ÷ average employees.
- Profit per employee
- £4.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲6%
- Now 505
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Jan 2026 (profit £2.1m), from the Companies House accounts bulk data published Jul 2026. 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.