Games Workshop

Games Workshop has been making Citadel Miniatures, the finest fantasy miniatures in the world, for over 30 years. Set in the worlds of Warhammer and Warhammer 40,000 these miniatures are prized by collectors, modellers and gamers alike. We do pretty much everything ourselves because we are obsessed with the quality of our products and services. Our global HQ is in Nottingham, UK and is home to over 600 employees. This is where we design our miniatures, games, books, paints, brushes and all the other products that people need to enjoy these gem-like creations. We also design and make the injection moulding tools that allow us to manufacture our miniatures to the highest standards. Every Citadel miniature sold worldwide is designed, engineered, manufactured and packed at our HQ, then despatched to one of our global warehouses or straight to the customer. We have 420+ retail stores in 20 countries, as well as trade sales teams selling to over 4000 independent retailers worldwide. The UK retail operations, European trade sales and export sales to territories where we don’t have operations are all run from our HQ, as well as our global webstore and customer service team which supports these sales businesses. Our HQ is also home to our global service centre with all of the functions needed to keep a £100m+ public company running – IT, Personnel & Finance to name a few. All our retail and trade operations for the US and Canada are run from Memphis, USA and from Sydney, Australia for Australia and New Zealand. Both sites have dedicated warehouses ensuring retail stores and trade stockists across these regions get the same high level of service as our UK and European customers. They have service centres too that make sure the business can keep running whatever happens. We also have a small office in Dusseldorf, Germany, which supports our continental European retail stores, as well as very small offices in Tokyo and Shanghai to support our growing Asian operations.
Company Growth (employees)
Nottingham, GB
Size (employees)
1,603 (est)+3%
Games Workshop was founded in 1975 and is headquartered in Nottingham, GB

Games Workshop Office Locations

Games Workshop has an office in Nottingham
Nottingham, GB (HQ)
Willow Rd

Games Workshop Data and Metrics

Games Workshop Financial Metrics

Games Workshop's revenue was reported to be £86.6 m in FY, 2016 which is a 3% decrease from the previous period.

Revenue (FY, 2016)

86.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

52.8 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

13.7 m

Market capitalization (24-Jul-2017)

427.8 m

Closing share price (24-Jul-2017)


Cash (29-May-2016)

9.3 m
Games Workshop's current market capitalization is £427.8 m.
GBPFY, 2014FY, 2015FY, 2016


87.2 m89.5 m86.6 m

Revenue growth, %


Cost of goods sold

39.3 m35.8 m33.8 m

Gross profit

47.9 m53.7 m52.8 m

Gross profit Margin, %


Operating expense total

38.4 m38.6 m35.6 m

Pre tax profit

9.5 m15.2 m17.3 m

Net Income

7.2 m12 m13.7 m
GBPFY, 2014FY, 2015FY, 2016


13.4 m11.2 m9.3 m

Accounts Receivable

3.3 m3.1 m2.9 m

Current Assets

31.5 m26.3 m25.1 m


19.2 m21.2 m20.7 m


9.7 m8.9 m10.8 m

Total Assets

60.3 m56.4 m56.6 m

Accounts Payable

4.3 m4.2 m3.8 m

Current Liabilities

15.7 m16.9 m18.4 m

Total Liabilities

20.1 m21.3 m22.9 m

Retained Earnings

7.2 m(5.2 m)(1.3 m)

Total Equity

40.2 m35 m33.8 m

Financial Leverage

1.5 x1.6 x1.7 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

18 m26.5 m23.9 m

Cash From Financing Activities

(3 k)(17.1 m)(15 m)

Income Taxes Paid

(2.3 m)(3.2 m)(3.6 m)
GBPY, 2016


58.3 k

Financial Leverage

1.7 x

Games Workshop Market Value History

Games Workshop Job Categories

Traffic Overview of Games Workshop

Games Workshop Online and Social Media Presence

Games Workshop News and Updates

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PREVIEW: I figured the first mission of Warhammer 40,000: Dawn of War III would be easy. But even on a normal setting, I had to play the mission three times before I beat it. It wasn’t particularly hard, but a mild difficulty level and my complete befuddlement about what to do contributed to the nee…

Here’s how to barely hold off the Orks in Warhammer 40K: Dawn of War III’s first mission

PREVIEW: After a long wait, Relic Entertainment and Sega Europe are launching Warhammer 40,000: Dawn of War III on April 27. And the companies are holding an open beta test from Friday, April 21 to 10 a.m. Pacific on Monday, April 24. But I’ve checked out the beginning of the game, and you can see i…

Warhammer 40,000: Dawn of War III open beta coming April 21-24

Relic Entertainment and Sega Europe announced the official open beta weekend for Warhammer 40,000: Dawn of War III is coming 10 a.m. Pacific time on Friday, April 21, and will last until 10 a.m. Pacific on Monday, April 24th. You can register now here. The title is one of the highly anticipated game…

Total War: Warhammer II hits PC this year to followup the breakout original

One of Sega’s best games from last year is getting a sequel, but it still doesn’t plan on giving it the name it deserves Total War: Warhammer II (yes, it’s still not Total Warhammer) will hit PC this year, according to Sega and developer Creative Assembly. Like the original, which debuted in May, th…

Talisman: Digital Edition will launch on PlayStation 4 and Vita on March 7

The chant of “Toad! Toad! Toad!” will ring out across the PlayStation Network beginning tomorrow. Nomad Games announced today that it will bring Talisman: Digital Edition to the PlayStation 4 and Vita on March 7. The U.K. studio has made an excellent adaptation of Fantasy Flight’s 4th Edition of the…

Yes, Warhammer characters wear fur. But at least they do their own flaying | Alex Hern

Animal rights campaigners are upset about the fur stoles. Though what did they expect from a fantasy universe where the throne is made of skulls?The tabletop wargame Warhammer 40,000 lays its cards (and plastic, resin and metal miniatures) on the table from the word go. Its famous tagline warns pla…
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Games Workshop Company Life and Culture

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