TheWorks.co.uk Announces Directorate Change as Simon Hathway Steps Down

TheWorks.co.uk plc ( (GB:WRKS) ) just unveiled an update.

TheWorks.co.uk plc announced that Simon Hathway will step down as Independent Non-Executive Director in early January 2026 to assume a full-time Executive Director role at B&M European Value Retail S.A. Hathway’s departure comes after a year of significant contributions to The Works, including his role as Chair of the Remuneration Committee and member of the Audit and Nomination Committees. The company is actively searching for his successor and will update stakeholders in due course. The Works’ Chair, Steve Bellamy, praised Hathway’s impact on the company’s strategy and growth, while Hathway expressed confidence in the company’s future, citing its strong customer base and value proposition.

The most recent analyst rating on (GB:WRKS) stock is a Hold with a £53.00 price target. To see the full list of analyst forecasts on TheWorks.co.uk plc stock, see the GB:WRKS Stock Forecast page.

Spark’s Take on GB:WRKS Stock

According to Spark, TipRanks’ AI Analyst, GB:WRKS is a Neutral.

The overall stock score of 55 reflects a mixed outlook for TheWorks.co.uk plc. The company’s financial performance is hindered by high leverage and profitability challenges, despite strong cash flow management. Technical analysis indicates bearish momentum, while the low P/E ratio suggests potential undervaluation. The lack of earnings call data and corporate events limits further insights.

To see Spark’s full report on GB:WRKS stock, click here.

More about TheWorks.co.uk plc

TheWorks.co.uk plc is the UK’s leading specialist retailer offering affordable, screen-free activities for families. The company focuses on providing a wide range of products that promote creativity and learning without the use of screens.

Average Trading Volume: 144,872

Technical Sentiment Signal: Buy

Current Market Cap: £25.25M

See more data about WRKS stock on TipRanks’ Stock Analysis page.