Angling Direct plc AIM:ANG
- Incorporated
- United Kingdom
- Chief executive
- Steve Crowe
- Employees
- 505
- Reports in
- GBP
- Companies House
- 05151321
Read straight from the annual reports
53.5p at close on 5 Oct 2026 · 12 reported years, 2015–2026
| Line | FY201501/15 | FY201601/16 | FY201701/17 | FY201801/18 | FY201901/19 | FY202001/20 | FY202101/21 | FY202201/22 | FY202301/23 | FY202401/24 | FY202501/25 | FY202601/26 | FY2027unreported |
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| Dividend per share | — | — | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
12 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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UK retail store estate growth and like-for-like sales
UK store sales grew 11.1% to £56.4m; like-for-like store sales grew 5.8%; six new UK stores opened in the year
page 11UK online/e-commerce growth
UK online sales grew 20.0% to £42.8m driven by MyAD, digital marketing and higher website sessions
page 12Own-brand penetration and buying scale
UK gross margin up 130bps to 38.0%; own brand gross profit grew 53% vs third-party brands 16%; own brand gross profit penetration now 14.2%
page 13Supplier terms from scale
Deepened relationships with key suppliers secured favourable trade terms delivering 70bps of gross margin progression
page 13Adjustments to EBITDA for IFRS 16 lease costs and IFRS 2 share-based payments to derive Adjusted EBITDA (non-GAAP APM)
page 82We have a long-term strategy to become the leading fishing tackle destination in Europe by inspiring and delighting increasing numbers of customers, focusing on sustainable, profitable growth.
page 3On 13 February 2026, acquired the business and assets of Jack Frost Tackle Limited (single angling retail store in Crawley, UK) for consideration of £0.13m; initial accounting for this acquisition is incomplete
page 97No dividend paid, recommended or declared for FY26 or FY25. Board capital allocation policy currently balances reinvesting surplus cash into the business with the share buyback programme, over a dividend, given the Board's view on valuation. Dividend policy to be kept under review through the capital allocation policy.
page 54Unqualified ('true and fair') audit opinion from Price Bailey LLP (Richard Vass FCA, senior statutory auditor), audit tenure since year ended 31 January 2018 (8 years). Key audit matters: revenue recognition, inventories, and impairment of goodwill. Group materiality £312,000 based on adjusted profit before tax and revenue; performance materiality £234,000 (Group) / £210,000 (Parent). Directors concluded the going concern basis is appropriate; cash balances of £10,914,412 at 31 January 2026 assessed as sufficient to meet liabilities for at least 12 months from approval date; no material uncertainties identified.
page 62- Geopolitical and pandemic risk affecting economic outlook, consumer confidence and supply chain (increasing risk trend)p.32
- New jurisdictions risk from European expansion (regulatory, currency, fraud, tax, limited experience outside UK)p.32
- Compliance legislation risk (health & safety, packaging, product safety, trading standards, pensions) — increasing risk trendp.33
- Distribution centre disruption risk (power/IT failures, fire/flood, reliance on core UK and EU distribution centres)p.33
Read from C000075-AR-2026-ch.
11 annual reports read, FY2016 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (11)
FY2027Next report expected 21 May 2027