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Cash

£71M

+6% highest in 3 filed years

Net assets

£718M

+11.3% highest in 3 filed years

Employees

44,900

-3.9% lowest in 3 filed years

Profit before tax

£111M

-19.6% vs 2025

Watch the reel

Our short-form breakdown of WAITROSE LIMITED's latest filing

Waitrose saw sales rise to £7.77bn, but a rising wage bill squeezed profits. Here are the latest accounts. 🛒

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31

Metric Trend 2024-01-272025-01-252026-01-31 Δ vs prior
Turnover £6,951,000,000£7,267,000,000£7,767,000,000 +6.9%
Operating profit £99,000,000£200,000,000£178,000,000 -11%
Profit before tax £42,000,000£138,000,000£111,000,000 -19.6%
Net profit £41,000,000£114,000,000£73,000,000 -36%
Cash £64,000,000£67,000,000£71,000,000 +6%
Total assets less current liabilities £2,181,000,000£2,259,000,000 +3.6%
Net assets £531,000,000£645,000,000£718,000,000 +11.3%
Equity £531,000,000£645,000,000£718,000,000 +11.3%
Average employees 49,40046,70044,900 -3.9%
Wages £876,000,000£907,000,000£954,000,000 +5.2%
Directors' remuneration

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-01-272025-01-252026-01-31
Operating margin 1.4%2.8%2.3%
Net margin 0.6%1.6%0.9%
Return on capital employed 9.2%7.9%
Gearing (liabilities / total assets) 84.2%80.8%79.2%
Current ratio 0.30x0.37x0.36x
Interest cover 1.43x2.60x2.14x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

  1. WAITROSE LIMITED · parent
    1. Dishpatch Limited 100% · GB
    2. Waitrose (Guernsey) Limited 100% · Guernsey
    3. Waitrose (Jersey) Limited 100% · Jersey
    4. Admiral Park Retail Management Limited 100% · Guernsey

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 48 resigned

Name Role Appointed Born Nationality
CHEONG TUNG SING, Jane Christina Secretary 2021-11-01
MOUNSEY, Andrew John Director 2024-09-06 Aug 1978 British
TARRY, Jason Mark Director 2024-09-12 May 1967 British
Show 48 resigned officers
Name Role Appointed Resigned
BLACKBURN, Simon Jim Secretary 2021-06-07 2021-11-01
BUCHANAN, Alan Secretary 2014-07-31 2015-01-31
CASELY-HAYFORD, Margaret Henrietta Augusta Secretary 2006-04-28 2014-07-31
HUBBER, Keith Michael Secretary 2015-02-01 2018-01-31
NEVILLE, Terence Frank Secretary 2001-05-10 2006-04-27
PRITCHARD, Brian James Secretary 2001-05-09
SIMPSON, Peter Secretary 2018-01-31 2021-06-07
ATHRON, Thomas Clifton Director 2009-08-17 2018-04-27
BERRY, Kevin John Director 2007-04-27 2012-06-01
BURGESS, Jane Director 2007-04-27 2009-04-05
BURTON, Nigel Director 1994-04-21 2004-07-30
CARROLL, Brian Dirck Director 2004-07-15
CASSONI, Marisa Luisa Director 2010-11-18 2012-06-01
CLIFT, Paul Edwin Director 1999-05-07 2009-05-29
COLLINS, Robert Andrew Director 2016-04-04 2020-01-23
COX, Peter Nicholas Director 1996-07-18 2002-09-09
DENNIS, Roger Anthony Director 1993-03-17 2001-03-30
DOHERTY, Janice Director 2007-04-27 2007-08-23
ESOM, Steven Derek Director 1996-07-18 2007-04-24
FALCONER, Peter Director 1996-07-18
FELWICK, David Leonard Director 2004-09-03
GREGORY, Eric Alan Director 2002-09-09 2007-02-22
HAMPSON, Stuart Director 1994-04-21 2007-03-26
HODGSON, Richard Paul Director 2007-04-27 2010-10-01
KANKIWALA, Nishpank Rameshbabu Director 2023-05-01 2025-03-26
KEEN, Nigel Director 2005-04-21 2018-01-31
LEWIS, John Patrick Director 2015-09-14 2020-12-31
MARCH, Richard Murray Director 1992-03-23 1999-05-07
MAYFIELD, Andrew Charles, Sir Director 2007-04-27 2020-02-04
MAYFIELD, Richard Andrew Director 2005-04-21 2009-06-21
MCKAY, Alastair Director 2007-02-23
MEGSON, Angela Director 2002-04-22 2006-01-28
MICHEL, Berangere Andree Mireille Director 2021-01-01 2024-09-06
MILLER, Ian Anderson Director 1993-03-26
MILNER, Michael Mark Director 1996-07-18
PRICE, Mark Ian Director 2007-04-27 2016-03-18
PRICE, Mark Ian Director 1999-12-20 2005-04-21
READE, Tina Sandra Director 2001-03-30 2010-11-18
ROSE, Michael John Director 1993-03-29 1999-11-12
SALT, Geoffrey Ian Director 1999-12-20 2007-10-19
SOLOMONS, Antony Howard Director 1996-07-18 2012-01-27
TEMPLE, Kenneth David Director 1996-07-18
WALDEMAR BROWN, Nicholas Director 1991-08-12 1996-08-16
WEIR, Helen Alison Director 2012-06-01 2014-12-01
WHITE, Sharon Michele, Dame Director 2020-02-04 2024-09-12
WILLIAMSON, Mark Richard Director 2007-04-27 2017-01-31
WILSON, David Mallon Director 2001-03-30
WOODHOUSE, Loraine Director 2014-12-01 2018-10-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
John Lewis Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-04-01 Active

Filing timeline

Last 20 of 266 total filings

Date Type Category Description
2026-05-14 AA accounts Accounts with accounts type full
2026-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-06 AA accounts Accounts with accounts type full
2025-03-26 TM01 officers Termination director company with name termination date PDF
2024-09-19 AP01 officers Appoint person director company with name date PDF
2024-09-13 TM01 officers Termination director company with name termination date PDF
2024-09-12 TM01 officers Termination director company with name termination date PDF
2024-09-12 AP01 officers Appoint person director company with name date PDF
2024-08-30 AD04 address Move registers to registered office company with new address PDF
2024-07-05 CH03 officers Change person secretary company with change date PDF
2024-07-01 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-07-01 AD03 address Move registers to sail company with new address PDF
2024-07-01 CH01 officers Change person director company with change date PDF
2024-07-01 AD02 address Change sail address company with new address PDF
2024-07-01 AD01 address Change registered office address company with date old address new address PDF
2024-05-17 AA accounts Accounts with accounts type full
2024-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-15 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page