ASSOCIATED INDEPENDENT STORES LIMITED
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Cash
£5.5m
-36% vs 2024
Net assets
£14m
-6.1% lowest in 3 filed years
Employees
111
-3.5% lowest in 3 filed years
Profit before tax
-£1.9m
-9,276.2% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 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 Discretionary median
ASSOCIATED INDEPENDENT STORES LIMITED·Consumer Discretionary median
ASSOCIATED INDEPENDENT STORES LIMITED·Consumer Discretionary median
ASSOCIATED INDEPENDENT STORES LIMITED·Consumer Discretionary median
ASSOCIATED INDEPENDENT STORES LIMITED·Consumer Discretionary median
ASSOCIATED INDEPENDENT STORES LIMITED·Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-06-30 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £13,757,000 | £19,266,000 | £12,021,000 | -37.6% | |
| Operating profit | £427,000 | £228,000 | -£1,831,000 | -903.1% | |
| Profit before tax | £270,000 | £21,000 | -£1,927,000 | -9,276.2% | |
| Net profit | £415,000 | £21,000 | -£1,927,000 | -9,276.2% | |
| Cash | £3,490,000 | £8,597,000 | £5,503,000 | -36% | |
| Total assets less current liabilities | £17,537,000 | £15,480,000 | £13,773,000 | -11% | |
| Net assets | £14,895,000 | £14,503,000 | £13,614,000 | -6.1% | |
| Equity | £14,895,000 | £14,503,000 | £13,614,000 | -6.1% | |
| Average employees | 121 | 115 | 111 | -3.5% | |
| Wages | £4,235,000 | £6,605,000 | £4,286,000 | -35.1% | |
| Directors' remuneration | £296,000 | £412,000 | £300,000 | -27.2% | |
| Directors' pension contributions | £82,000 | £106,000 | £84,000 | -20.8% | |
| Highest paid director | £242,000 | £373,158 | £262,730 | -29.6% |
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 | 2023-06-30 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.1% | 1.2% | -15.2% | |
| Net margin | 3.0% | 0.1% | -16.0% | |
| Return on capital employed | 2.4% | 1.5% | -13.3% | |
| Gearing (liabilities / total assets) | 36.3% | 48.5% | 44.3% | |
| Current ratio | 0.83x | 0.83x | 0.73x | |
| Interest cover | 2.65x | 0.90x | -15.78x |
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
- ASSOCIATED INDEPENDENT STORES LIMITED 1976-12-31 → present
- ASSOCIATED DEPARTMENT STORES LIMITED 1967-08-08 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Cranmore Place, the Group's 40,000 sq ft investment property, which is not considered core to the business, has been placed on the market and the strategy for a large part of the year was to work towards achieving vacant possession in preparation of an anticipated sale.”
- “Merchandise rebates totalled £2.3m, compared with £2.4m for the calendar year 2024, and were distributed to members during the first half of 2026.”
- “The investment property had been used to secure a CBILS loan but this charge was released in early 2026 following full repayment in January 2026.”
- “The Group pension scheme triennial review was conducted in March 2026 and is forecasted to be well funded. As a result, the liability and level of payments required since the last review in March 2023 are expected to reduce significantly.”
- “The 2026 budget reflects a planned loss arising from unavoidable costs associated with the investment property, together with other increased operating costs. A significant rise in business rates for Cranmore Park will take effect from April 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 115 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STEAD, Paul Antony | Secretary | 2025-11-12 | — | — |
| BIANCHI, Sarah | Director | 2024-07-17 | Feb 1969 | British |
| HARVEY, Elizabeth Tracy | Director | 2022-04-01 | Jun 1972 | British |
| KEMP, Susan Jane | Director | 2019-11-04 | Aug 1965 | British |
| LEE, Robert Christopher | Director | 2023-06-20 | Jun 1971 | British |
| MILTON, Carl Robert | Director | 2023-06-20 | Apr 1976 | British |
| ROY, Edward Martin | Director | 2019-04-08 | Jul 1969 | British |
| SIMPSON, Darryl Vincent | Director | 2021-04-01 | Mar 1968 | British |
| WALKER, Sam Maxwell | Director | 2023-02-15 | Jun 1986 | British |
Show 115 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHEGWIDDEN, Val | Secretary | 2012-01-01 | 2016-02-24 |
| HARPER, Austin Paul | Secretary | — | 2011-12-31 |
| POTTER-PRICE, Susan | Secretary | 2016-02-24 | 2025-11-12 |
| AUSTIN, David Charles | Director | — | 1994-04-24 |
| BABBAGE, Terence Michael | Director | 1994-04-26 | 1996-04-28 |
| BALL, Ronald Jacques Antony | Director | 2006-04-24 | 2009-04-27 |
| BANBURY, David Charles | Director | 2009-04-27 | 2011-07-27 |
| BANBURY, David Charles | Director | 2003-04-27 | 2006-04-24 |
| BARBOUR, Peter Douglas | Director | 2008-04-14 | 2011-04-04 |
| BARKER, Charles Wilfred | Director | 2011-04-04 | 2014-04-28 |
| BARKER, Charles Wilfred | Director | 1999-04-25 | 2002-04-21 |
| BARKER, Ian David | Director | 2018-04-23 | 2021-09-29 |
| BENT, Matthew | Director | 2015-04-27 | 2018-04-23 |
| BLANEY, Roger Vaughan | Director | 2002-12-04 | 2010-02-12 |
| BOLINGBROKE, John | Director | 2001-06-21 | 2004-04-25 |
| BRADLEY, Stephen Christopher | Director | 2014-04-28 | 2017-04-24 |
| BREMNER, Robert Gunn | Director | 2007-04-23 | 2008-02-11 |
| BROWN, Annette | Director | 1996-04-28 | 1999-04-15 |
| BROWN, Nicholas Edward Rhodes | Director | 2005-04-24 | 2008-04-14 |
| BULLOUGH, Arthur Ian | Director | 1994-04-24 | 1997-04-27 |
| BULLOUGH, Michael | Director | 2003-12-03 | 2007-04-23 |
| BULLOUGH, Michael | Director | 1998-04-26 | 2001-04-29 |
| BUTT, Peter Clive | Director | 2003-04-27 | 2003-11-26 |
| CARLILE, James Stewart | Director | 2020-06-01 | 2025-09-18 |
| CHADD, John Etheridge | Director | — | 1995-04-23 |
| CHAPPELL, Timothy Gavin Andrews | Director | 1993-04-25 | 1996-04-28 |
| CLARK, Malcolm Mcdonald Brown | Director | 1994-04-24 | 1997-04-27 |
| CLARKE, Damian Francis | Director | 2008-04-14 | 2011-04-04 |
| CLARKE, Richard | Director | 2004-04-25 | 2007-04-23 |
| COLLER, Timothy Simon | Director | 2009-04-27 | 2012-04-30 |
| COLLINGWOOD, Guy Cameron John | Director | 2002-04-21 | 2005-04-24 |
| COOPER, Sheila Ann | Director | — | 2020-07-07 |
| CREASEY, Anthony John | Director | 2000-04-16 | 2003-04-27 |
| CREASEY, Peter Victor | Director | 2016-04-25 | 2019-04-08 |
| DAVIES, Greg John Lloyd | Director | 2017-04-24 | 2020-09-08 |
| DEWAR, James Michael | Director | — | 1994-04-24 |
| DORRELL, John Howard | Director | 2006-04-24 | 2008-02-18 |
| DREESMANN, Bernard Henry | Director | 2007-04-23 | 2010-04-26 |
| DREESMANN, Bernard Henry | Director | 1993-04-25 | 1996-04-28 |
| DUNN, Perry Andrew | Director | — | 1993-04-25 |
| EILERS, Robert Francis Edward | Director | 1999-04-25 | 2002-04-21 |
| EVANS, Geraint Deiniol | Director | 2004-04-25 | 2006-04-24 |
| FORREST, David Campbell | Director | 1997-04-27 | 2000-04-16 |
| FOX, Harry | Director | 2008-04-14 | 2011-04-04 |
| GLASSWELL, Paul Jeremy | Director | 2007-04-23 | 2010-04-26 |
| GLASSWELL, Paul Jeremy | Director | 2003-04-27 | 2006-04-24 |
| GLASSWELL, Paul Jeremy | Director | 1997-04-27 | 2000-04-16 |
| GOOD, Thomas Henry Vivian | Director | — | 1993-04-25 |
| GURNEY-READ, Jane Heather Ruth | Director | 2016-04-25 | 2019-04-08 |
| HARDING, John Michael | Director | 1997-08-13 | 2000-04-16 |
| HARDING, John Michael | Director | — | 1994-04-24 |
| HARDING, Peter Anthony | Director | 2013-04-22 | 2016-04-25 |
| HOLDEN, Jonathan | Director | 1999-04-25 | 2002-04-21 |
| HOPEWELL, Adam James | Director | 2017-04-24 | 2020-09-08 |
| HOPKINS, Alan | Director | 2002-04-21 | 2005-04-24 |
| HOPSON, Jonathan Joseph | Director | 2010-04-26 | 2013-04-22 |
| HUCKLE, John Edward | Director | — | 1994-04-24 |
| HUGHES, Michael Andrew | Director | 1997-04-27 | 2000-04-16 |
| ISAAC, Martin James | Director | 2005-04-24 | 2008-04-14 |
| JARROLD, Richard Elliott | Director | 1998-04-26 | 2001-04-29 |
| JENKINS, Martyn Spencer | Director | 2019-04-08 | 2025-05-31 |
| JONES, Mark Nicholas | Director | 1999-02-04 | 1999-08-26 |
| KELLS, Ian Alexander | Director | 2015-04-27 | 2018-04-23 |
| KELWAY BAMBER, Euan Glen | Director | 2006-02-22 | 2010-09-10 |
| LANGTON, John Davis | Director | 1993-04-25 | 1996-04-26 |
| LAWSON, Elizabeth Louise | Director | 2019-11-04 | 2023-06-20 |
| LONG, Michael Joseph | Director | 2000-04-16 | 2003-04-27 |
| MAGUIRE, Michael Timothy Gale | Director | — | 1993-04-25 |
| MALLETT, John Stanley | Director | — | 2008-08-28 |
| MALLINSON, Peter Neville | Director | 2011-02-16 | 2019-04-30 |
| MARTIN, Barry | Director | 1997-05-19 | 1998-04-02 |
| MARTIN, Diana Grace Michelle Jarrold | Director | 2011-04-04 | 2014-04-28 |
| MCCAMMON, Brian J | Director | 1993-04-25 | 1996-04-28 |
| MCCAMMON, Stephen James | Director | 2018-04-23 | 2022-11-17 |
| MCCAMMON, Stephen James | Director | 2001-04-29 | 2004-04-25 |
| MITCHELL, Michael Christopher Hewitson | Director | 1996-04-28 | 1998-03-12 |
| MITCHELL, Peter Charles | Director | 2008-04-14 | 2011-04-04 |
| MOORE, Neville Keith | Director | 2019-04-08 | 2024-09-13 |
| MOORE, Neville Keith | Director | 2009-04-27 | 2012-04-30 |
| MORGAN, Richard Walker | Director | 1995-04-23 | 1997-07-10 |
| MOYLE, John Sidney | Director | 1996-04-28 | 1999-04-25 |
| MURRAY, Michael David | Director | 2020-09-08 | 2023-06-20 |
| OTTERBURN, Eurfron Fiona | Director | 2000-04-16 | 2003-04-27 |
| PEDDER, Roger Anthony | Director | 1997-04-27 | 1997-10-02 |
| PHILP, Alistair David | Director | 2004-04-25 | 2007-04-23 |
| PHILP, Ian Robert Gillies | Director | 2010-04-26 | 2017-04-24 |
| POTTER-PRICE, Susan | Director | 2011-12-07 | 2026-03-31 |
| REED, Martin Stuart | Director | 1998-02-04 | 2001-12-21 |
| REYNOLDS, Dominic James | Director | 2010-04-26 | 2013-04-22 |
| RICHARDS, Anthony Brinley | Director | 2014-04-28 | 2016-04-25 |
| ROOME, Michael David | Director | 2013-04-22 | 2016-04-24 |
| RUTHERFORD, George Richard | Director | — | 1995-04-23 |
| RYAN, Anthony Michael | Director | 2012-04-30 | 2015-04-27 |
| SAINSBURY, Alan | Director | 2001-04-29 | 2004-04-25 |
| SAMUEL, Philip John | Director | 2002-04-21 | 2005-04-24 |
| SCHOFIELD, Steven Graham | Director | 2017-04-24 | 2020-09-08 |
| SCOTT, David Francis | Director | 1994-04-24 | 1997-04-27 |
| SHEPPARD, Martyn Richard | Director | 2006-04-24 | 2009-04-27 |
| SHOTTON, John Spencer | Director | 2014-04-28 | 2017-04-24 |
| SHOTTON, Robert Spencer | Director | 1996-04-28 | 1999-04-25 |
| SMITH, Amanda Helen | Director | 2002-03-11 | 2011-10-21 |
| SMITH, Norman James | Director | 1995-04-23 | 1998-04-26 |
| STANDING, David | Director | 2010-07-22 | 2019-07-31 |
| STOKER, Jonathan Nigel | Director | 2011-04-04 | 2014-04-28 |
| STURROCK, Bruce Graham | Director | 1999-09-08 | 2002-04-21 |
| STURROCK, Bruce Graham | Director | — | 1993-04-25 |
| TAYLOR, Mark Andrew | Director | 2011-04-04 | 2011-06-30 |
| THOMAS, Annette | Director | 2016-04-25 | 2019-04-08 |
| TIDEMAN, Teresa Mary | Director | 1993-04-27 | 1994-04-15 |
| TODD, Jeanette Livingstone | Director | 2002-04-23 | 2005-09-16 |
| TOMLIN, David John | Director | 1994-04-24 | 1997-04-27 |
| TOPPING, Guy | Director | 2012-04-30 | 2015-04-27 |
| TOWNROW, Richard James | Director | 2005-04-24 | 2008-04-14 |
| WEBB, Edward Alexander Broughton | Director | 2020-06-01 | 2023-06-20 |
| WHITTLE, David Burton | Director | 1996-04-28 | 1999-04-25 |
Ownership
Persons with significant control
No persons with significant control on record.
Filing timeline
Last 20 of 387 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-07 | AA | accounts | Accounts with accounts type group | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-11-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-25 | AA | accounts | Accounts with accounts type group | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-06 | AA01 | accounts | Change account reference date company current extended | |
| 2024-02-07 | AA | accounts | Accounts with accounts type group | |
| 2023-06-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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.