GREGGS PLC
Operating under its eponymous brand, Greggs is a London Stock Exchange-listed bakery and food-on-the-go retailer selling baked goods, sandwiches, and drinks through company-managed shops, franchises, and wholesale channels.
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Cash
£71M
-43.5% lowest in 3 filed years
Net assets
£594M
-5.3% vs 2024
Employees
33,383
+3.5% highest in 3 filed years
Profit before tax
£196M
-11.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-27
| Metric | Trend | 2023-12-30 | 2024-12-28 | 2025-12-27 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,809,800,000 | £2,014,400,000 | £2,151,200,000 | +6.8% | |
| Operating profit | £187,300,000 | £226,500,000 | £211,500,000 | -6.6% | |
| Profit before tax | £179,400,000 | £221,000,000 | £195,900,000 | -11.4% | |
| Net profit | £142,500,000 | £170,500,000 | £169,100,000 | -0.8% | |
| Cash | £106,300,000 | £125,300,000 | £70,800,000 | -43.5% | |
| Total assets less current liabilities | £538,600,000 | £839,900,000 | £774,500,000 | -7.8% | |
| Net assets | £190,000,000 | £627,000,000 | £593,500,000 | -5.3% | |
| Equity | £448,000,000 | £627,000,000 | £593,500,000 | -5.3% | |
| Average employees | 30,086 | 32,258 | 33,383 | +3.5% | |
| Wages | £539,000,000 | £646,900,000 | £690,000,000 | +6.7% | |
| Directors' remuneration | £2,700,000 | £1,900,000 | £2,100,000 | +10.5% |
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 | 2023-12-30 | 2024-12-28 | 2025-12-27 |
|---|---|---|---|---|
| Operating margin | 10.3% | 11.2% | 9.8% | |
| Net margin | 7.9% | 8.5% | 7.9% | |
| Return on capital employed | 34.8% | 27.0% | 27.3% | |
| Gearing (liabilities / total assets) | 76.6% | 46.4% | 47.1% | |
| Current ratio | 0.68x | 1.34x | 0.60x | |
| Interest cover | 11.71x | 16.65x | 12.16x |
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.
Name history
Renamed 1 time since incorporation
- GREGGS PLC 1983-12-30 → present
- GREGGS BAKERIES LIMITED 1951-12-29 → 1983-12-30
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that the Company will continue to operate and meet its liabilities as they fall due over the three-year period of their detailed assessment.”
Group structure
- GREGGS PLC · parent
- Charles Braggs (Bakers) Limited 100%
- Charles Braggs Bakery Limited 100%
- Thurston Parfitt Limited 100%
- Thurston Parfitt (Holdings) Limited 100%
- Olivers (UK) Development Limited 100%
- J.R. Birrett and Sons Limited 100%
- Greggs Properties Limited 100%
- Solstice Zone A Management Company Limited 28%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICKSON, Sarah | Secretary | 2024-12-19 | — | — |
| RICHARDS, Nina Jayne | Secretary | 2022-02-15 | — | — |
| CURRIE, Roisin | Director | 2022-02-01 | Nov 1971 | British |
| DAVIES, Matthew Samuel | Director | 2022-08-02 | Oct 1970 | British |
| HUTTON, Richard John | Director | 2006-03-13 | Jun 1968 | British |
| MILLS, Nigel Gordon | Director | 2023-03-07 | Apr 1955 | British |
| ROGERS, Tamara Jane | Director | 2024-06-01 | Nov 1968 | British |
| SMOTHERS, Richard | Director | 2026-02-01 | Jul 1967 | British |
| WEEDALL, Lynne Marie | Director | 2022-05-17 | Jun 1967 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CALVERT, Neil | Secretary | — | 1995-04-25 |
| DAVISON, Andrew John | Secretary | 1995-04-25 | 2010-05-12 |
| JOWETT, Jonathan | Secretary | 2010-05-12 | 2025-07-01 |
| KELLETT, Roger Herbert | Secretary | 2005-08-03 | 2010-06-30 |
| KIBLER, Martin Philip | Secretary | 2010-12-23 | 2017-04-01 |
| REYNOLDS, Raymond Robert | Secretary | 2017-05-24 | 2022-02-15 |
| RYAN, Alicia Marie | Secretary | 2004-05-11 | 2026-04-10 |
| BADDELEY, Julie Margaret | Director | 2005-03-01 | 2014-05-01 |
| BENNETT, Robert Frederick | Director | 2003-12-01 | 2012-05-16 |
| CALVERT, Neil | Director | — | 1995-10-01 |
| CURRAN, Stephen William | Director | — | 2008-05-13 |
| DARRINGTON, Michael John, Sir | Director | — | 2009-05-13 |
| DURANT, Ian Charles | Director | 2011-10-05 | 2022-10-31 |
| ELKIN, Sonia Irene Linda | Director | 1992-08-01 | 2004-05-11 |
| ELSARKY, Mohamed | Director | 2021-06-21 | 2026-05-13 |
| FERGUSON, Iain George Thomas | Director | 2009-03-31 | 2014-05-01 |
| FERRY, Catherine Elizabeth | Director | 2019-06-01 | 2026-03-06 |
| GANCZAKOWSKI, Helena Louise, Dr | Director | 2014-01-02 | 2023-05-17 |
| GIBSON, Ian, Sir | Director | 2006-04-01 | 2008-02-29 |
| GREGG, Colin Stuart | Director | — | 2001-05-09 |
| GREGG, Ian Davis | Director | — | 2007-05-14 |
| JOHNSON, Susan | Director | 2000-03-02 | 2006-09-30 |
| KIRKBY, Allison | Director | 2013-01-30 | 2019-05-21 |
| MCMEIKAN, Kennedy | Director | 2008-06-01 | 2013-03-08 |
| MCPHILLIPS, Peter Laurence | Director | 2014-03-10 | 2021-07-31 |
| NETHERTON, Derek Nigel Donald | Director | 2002-03-01 | 2013-05-15 |
| PARKER, David James | Director | 1993-10-14 | 1998-01-10 |
| REYNOLDS, Raymond Robert | Director | 2006-12-18 | 2017-05-19 |
| SIMPSON, Malcolm | Director | — | 2007-05-14 |
| TURNER, Sandra | Director | 2014-05-01 | 2023-05-17 |
| WHITESIDE, Roger Mark | Director | 2008-03-17 | 2022-05-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 639 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-01 RESOLUTIONS Resolution
- 2024-05-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-01 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-19 | AA | accounts | Accounts with accounts type group | |
| 2026-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-16 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-04-15 | CH01 | officers | Change person director company with change date | |
| 2026-04-14 | CH01 | officers | Change person director company with change date | |
| 2026-04-13 | CH01 | officers | Change person director company with change date | |
| 2026-04-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-30 | AA | accounts | Accounts with accounts type group | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-05 | AA | accounts | Accounts with accounts type group | |
| 2024-06-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.