How much does Fitshop UK Ltd make?

Fitshop UK Ltd reported revenue of £19.4m and a loss of £1.6m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Fitshop UK Ltd have?

Fitshop UK Ltd reported an average of 89 employees in the year to 31 Dec 2025.

Is Fitshop UK Ltd profitable?

No — Fitshop UK Ltd reported a loss of £1.6m in the year to 31 Dec 2025.

Company No. SC071827 · Incorporated 12 Jun 1980

Fitshop UK Ltd

Registered name: FITSHOP UK LTD

Fitshop UK Ltd made £19.4m revenue and a £1.6m loss in the year to 31 Dec 2025. read from filing text

Fitshop UK Ltd’s revenue grew 4% to £19.4m in the year to 31 Dec 2025, with a loss of £1.6m and 89 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47640Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Status: Active
Location: Glasgow, Scotland
Age: 46 yrs · since 1980
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. From the filing: “Fitshop GmbH, a company incorporated in Germany, is the immediate parent through its ownership of the entire issued share capital of the company.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£19.4m

Growth ▲3.6%

Profit

−£1.6m

Growth —

Profit margin

−8.4%

Gross 30.5%

Employees

Change ▲2.3%

Profit / employee

−£18.4k

Revenue/employee £218k

Profitable streak

0yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.3m	£15.6m	£18.7m	£19.4m
Cost of sales	£9.7m	£11.4m	£13.1m	£13.5m
Gross profit	£3.6m	£4.2m	£5.7m	£5.9m
Operating profit	−£1.6m	−£1.5m	−£1.2m	−£1.6m
Profit before tax	−£1.7m	−£1.6m	−£1.2m	−£1.7m
Profit after tax	−£1.4m	−£1.5m	−£1.2m	−£1.6m
Profit (best available)	−£1.4m	−£1.5m	−£1.2m	−£1.6m
Staff costs	£2.4m	£2.5m	£2.8m	£2.9m
Employees (average)	87	85	87	89
Ratios
Profit margin	−10.3%	−9.9%	−6.4%	−8.4%
Gross margin	27.1%	27%	30.3%	30.5%
Revenue per employee	£153k	£184k	£215k	£218k
Profit per employee	−£15.8k	−£18.2k	−£13.8k	−£18.4k
Growth (year on year)
Revenue growth	—	▲17.7%	▲19.9%	▲3.6%
Headcount growth	—	▼2.3%	▲2.4%	▲2.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£98.2k	£1.3m	£228k	£244k
Net assets	£8.8m	£7.2m	£6m	£4.4m
Fixed assets	£1m	£905k	£886k	£1m
Current assets	£12.4m	£11.9m	£12.6m	£10.3m
Debtors	£1.1m	£1.4m	£1.5m	£1.1m
Deferred income	£622k	£886k	£1.3m	£1.4m
Cash from operations	−£666k	−£1.3m	£1.2m	−£336k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −8.4%; Profit ÷ revenue.
Gross margin: 30.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £218k; Revenue ÷ average employees.
Profit per employee: −£18.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.8%; 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: ▼27%; Now £4.4m
Cash at bank: ▲7%; Now £244k
Headcount: ▲2%; Now 89
Deferred income: ▲11%; Now £1.4m
Fixed assets: ▲13%; Now £1m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.6m), from the Companies House accounts bulk data published Sep 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.