One of the largest companies in the UK is increasing manufacturing capacity in its ‘proud’ home city
The Games Workshop site in Willow Road, Lenton, Nottingham(Image: Joseph Raynor/ Reach PLC)
Major Nottingham employer Games Workshop has announced record levels of profit as it invests millions more into its city headquarters.
The Lenton firm, which is known around the world for its Warhammer 40,000 miniatures and is worth billions of pounds, announced on Tuesday, July 28, that it had boosted its profits for the last year to £275 million before tax.
The company, which is one of the 100 largest UK companies listed on the London Stock Exchange and employs more than 3,000 people, sells plastic models of fantasy soldiers and monsters that are assembled by millions of devoted fans.
Mark Lam, non-executive chair, said Games Workshop had “delivered another great year”, with revenue and profit before tax at record levels.
Mr Lam added the world’s largest battle-games company had “weathered the storm of global instability” so far, but said volatile geopolitics still posed challenges.
Kevin Rountree, the firm’s CEO, said in its annual accounts that he had hoped for the year to be “drama free”, but had his hopes dashed by US President Donald Trump’s trade tariffs.
Games Workshop had paid £12 million in tariffs, but by February had been able to reclaim £7.8 million of this money following a US Supreme Court ruling that removed the duties.
Mr Rountree said the company expected to pay around £13 million of new US tariffs in 2026/27. While it is headquartered in Nottingham, 79 per cent of the global brand’s sales come from outside of the UK.
The firm’s annual report explained the city employer was “increasing manufacturing capacity in our proud Nottingham home”.
Last year, it invested £21.9 million in the Warhammer studio – where around 460 people work to design fantasy miniatures – with a further £7.6 million spent on tooling, the majority of which was for new plastic miniatures.
“We are proud to manufacture our product in Nottingham which is the centre of expertise for our global business. It’s where we started and where we intend to stay,” the annual report said.
Games Workshop’s accounts explained that the property it had purchased on Easter Park, across from its Willow Road HQ, was now being used as a paint plant after being acquired in 2025.
Construction of its fourth Lenton factory was also “largely complete”, having being handed over earlier in July.
The newly built Factory 4 building at the Games Workshop site in Willow Road, Lenton, Nottingham(Image: Joseph Raynor/ Reach PLC)
The company’s new £9 million facility, which replaced a old council transport depot, will be used for packing products before being fitted with the expensive injection moulding machines needed to produce millions of Warhammer figures.
As well as growing its manufacturing capacity to meet the phenomenal demand for its miniatures, the company also signed a lease for a new warehouse near East Midlands Airport last year to ship its creations worldwide.
“We have just signed the lease of a new additional logistics facility at Sawley near Nottingham,” the firm added.
“We will get the keys soon and it will be up and running in summer 2027.