ZELUS SPORT LIMITED
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Cash
£3M
+33.4% highest in 5 filed years
Net assets
-£13M
+38.8% vs 2024
Employees
54
+8% highest in 5 filed years
Profit before tax
£5.6M
+383.7% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £6,854,312 | £5,641,648 | £10,597,935 | £26,396,100 | £37,941,296 | +43.7% | |
| Operating profit | -£6,044,054 | -£7,027,849 | £1,153,563 | £519,378 | £6,295,479 | +1,112.1% | |
| Profit before tax | -£6,699,134 | -£8,492,762 | -£825,509 | -£1,966,503 | £5,579,692 | +383.7% | |
| Net profit | -£6,699,134 | -£8,492,762 | -£825,509 | -£2,060,503 | £8,011,850 | +488.8% | |
| Cash | £279,016 | £171,664 | £1,845,585 | £2,277,472 | £3,037,196 | +33.4% | |
| Total assets less current liabilities | -£9,286,800 | -£17,779,562 | £16,391,412 | £16,377,880 | -£12,653,724 | -177.3% | |
| Net assets | -£9,286,800 | -£17,779,562 | -£18,605,071 | -£20,665,574 | -£12,653,724 | +38.8% | |
| Equity | -£9,286,800 | -£17,779,562 | -£18,605,071 | -£20,665,574 | -£12,653,724 | +38.8% | |
| Average employees | 38 | 34 | 43 | 50 | 54 | +8% | |
| Wages | £2,209,517 | £1,968,844 | £2,703,527 | £2,957,964 | £2,703,154 | -8.6% | |
| Directors' remuneration | £172,750 | £177,400 | £233,771 | £284,237 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | -88.2% | -124.6% | 10.9% | 2.0% | 16.6% | |
| Net margin | -97.7% | -150.5% | -7.8% | -7.8% | 21.1% | |
| Return on capital employed | — | — | 7.0% | 3.2% | — | |
| Gearing (liabilities / total assets) | — | — | 200.1% | 190.8% | 137.3% | |
| Current ratio | — | — | 8.08x | 3.46x | 0.71x | |
| Interest cover | -9.24x | -4.80x | 0.58x | 0.21x | 8.63x |
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.
Name history
Renamed 2 times since incorporation
- ZELUS SPORT LIMITED 2019-10-07 → present
- NEON TEAM SPORTS LIMITED 2016-08-05 → 2019-10-07
- NEON TEAM SALES LIMITED 2016-02-15 → 2016-08-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hurst Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on our assessment and the available information used in our financial budgeting and forecasting, we have reasonable grounds to believe that the Company will remain a going concern for the foreseeable future and therefore the financial statements have been prepared on a going concern basis.”
Group structure
- ZELUS SPORT LIMITED · parent
- Zelus Sport Australia Pty Limited 100%
- Zelus Sport B.V. 100%
- Zelus Sport Inc. 100%
Significant events
- “Global revenues increasing by 44% to £37.9m in 2025, with revenue growth of 6x over the last three years (2022-2025).”
- “Expansion of Global customer base and product offering, including growth in Accessories & Equipment with Nike's top-tier clubs and federations.”
- “Design and development of a new ERP system, with implementation well progressed and on track for late 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, Alexander | Secretary | 2021-12-01 | — | — |
| SEALES, David William James | Director | 2019-09-16 | Jul 1971 | British |
| WINTERBOTTOM, Glyn | Director | 2025-01-21 | Feb 1971 | British |
| WRIGHT, Conor Samuel | Director | 2025-01-21 | Feb 1992 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2019-08-20 | 2021-11-30 |
| DAGUIN, Clement | Director | 2017-01-20 | 2019-08-21 |
| DALY, David John | Director | 2017-01-20 | 2019-08-21 |
| HOYT, Hubertus Georg | Director | 2021-06-01 | 2025-01-21 |
| KASSAMALI, Reyaz Alim | Director | 2019-08-21 | 2021-06-27 |
| KUESSNER, Michael Bernd | Director | 2019-08-21 | 2024-07-31 |
| MELLOR, Anthony John | Director | 2017-01-20 | 2018-11-26 |
| TUCKER, David Frederick | Director | 2017-01-20 | 2019-08-21 |
| TUCKER, Robert James | Director | 2016-02-15 | 2019-08-21 |
| VIERGUTZ, Marina Nitsa | Director | 2024-08-23 | 2024-12-17 |
| WOOD, Anthony James Mark | Director | 2018-11-26 | 2019-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Zelus Sport Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-08-21 | Active |
| Mr Christopher Charles Hughes | Individual | Significant influence (as trust) | 2017-01-20 | Ceased 2019-08-21 |
| Mr Jonathan Rhys Ebsworth | Individual | Significant influence (as trust) | 2017-01-20 | Ceased 2019-08-21 |
| Mr Clement Daguin | Individual | Significant influence (as trust) | 2017-01-20 | Ceased 2019-08-21 |
| Dewhirst Group Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-01-20 | Ceased 2019-08-21 |
Filing timeline
Last 20 of 86 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-02 RESOLUTIONS Resolution
- 2024-12-28 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | AA | accounts | Accounts with accounts type full | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-02 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-28 | MA | incorporation | Memorandum articles | |
| 2024-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-02 | CH01 | officers | Change person director company with change date | |
| 2024-09-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-06-20 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.