JACOBS & TURNER LIMITED

Company number SC047678 ·

Active

Executive summary

Jacobs & Turner (Trespass) demonstrates the resilience of value-oriented outdoor brands in challenging retail conditions, delivering 10% revenue growth and significant operating margin recovery to 3.5%, though this remains below well-managed peers achieving 5–8%. The vertically integrated model and strong balance sheet (£64m shareholders' funds) provide strategic flexibility, but the pronounced cash decline—from £31.6m in 2022 to £5.7m in 2025—warrants scrutiny regarding working capital management and the returns being generated on recent capital investment. The company is a solid mid-tier player rather than a sector leader, with its value positioning offering cyclical protection but limiting pricing power against both premium specialists and aggressive generalist competitors.

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Shareholders' funds

£64,091,182

Balance sheet as at 2025-06-29

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Overview

Company type
Private Limited Company
Incorporated
1970-06-25
Employees
1864 (2025 accounts · was 1913 in 2024)
Registered office
Vermont House, 149 Vermont Street, Kinning Park, Glasgow, G41 1LU
Postcode
G41 1LU
Capital
505,000 GBP
Accounts category
Group
Charges
1 outstanding

Accounts

Last made up to
2025-06-29
Next due by
2027-03-31
Financial year end
30 June

Confirmation statement

Last statement dated
2025-12-15
Next due by
2026-12-29
View filing history →

Nature of business (SIC)

  • 46420 Wholesale of clothing and footwear
  • 47710 Retail sale of clothing in specialised stores

Officers 6 current · 4 resigned

Waleed KHUSHI Director
Appointed 2026-01-19
Appointed 2026-01-19
MR Afzal KHUSHI Director
Appointed 1993-12-31
MR AKMAL KHUSHI Secretary
Appointed 1988-12-31
MR AKMAL KHUSHI Director
COMPANY DIRECTOR Appointed 1988-12-31

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Group structure 16 subsidiaries

Showing 12 of 16.

From persons-with-significant-control filings on the public register.

Modern slavery statement

Registered a modern slavery statement for 2020 (period to 2020-03-31).

Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.

Gender pay gap

0.81%

Women's median hourly pay below men's, 2025/26 · in the top quarter for parity

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Previous registered addresses 3

AddressChanged on
341 ARGYLE STREET, GLASGOW, G2 8LP1999-09-24
REGISTERED OFFICE CHANGED1970-06-25
GISTERED OFFICE CHANGED1970-06-25

Among its peers

Top 5%

by shareholders' funds, of 78 similar companies in G

The largest employer among its local peers (1864 staff).

3rd oldest of its local peers, trading since 1970.

No.1 of the largest wholesale of clothing and footwear companies in Glasgow →

28 companies are registered at this postcode →

Competitors Glasgow

This company ranks 1 among wholesale of clothing and footwear in Glasgow.

Full league table →

The class of 1970

54%

of the 3,725 companies incorporated in 1970 are still active today; 40% have since been dissolved.

A fact about the year, not a forecast for this company.

Property in England & Wales 9 titles

Freehold
5
Leasehold
4
Most recent registration
2023-09-07
Price paid, where recorded
£2,255,000
Where
Cumberland (5), Westmorland And Furness (2), West Yorkshire (1)
Title numberCounty Tenure RegisteredPrice paid
CU250538 Westmorland And Furness Freehold 2023-09-07 £1,170,000
YY184958 West Yorkshire Leasehold 2023-08-15
CU37139 Westmorland And Furness Freehold 2017-06-02 £930,000
GR343811 Gloucestershire Leasehold 2010-04-30
CU125343 Cumberland Freehold 2006-11-14
CU125346 Cumberland Leasehold 2006-11-01
CU125626 Cumberland Freehold 2006-11-01 £155,000
CU126030 Cumberland Leasehold 2006-11-01
CU30080 Cumberland Freehold 2006-11-01

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.