POUNDLAND LIMITED
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Cash
£31m
-34.4% lowest in 3 filed years
Net assets
-£90m
-401.7% lowest in 3 filed years
Employees
14,417
-11.1% lowest in 3 filed years
Profit before tax
-£85m
-87.8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
The £30m Term Facility with GBH is in place until 29 August 2027 and therefore the Directors highlight that further funding is to be secured within the next 13 months to replace this facility. In the scenario where funding is not raised, the available cash reserves may be exhausted at that time. However, it cannot be absolutely guaranteed that funding will be successfully raised. There is therefore a risk that the Company will not have sufficient financial resources beyond 29 August 2027 and therefore there exists a material uncertainty that may cast doubt over the ability of the Company to continue as a going concern beyond that date.
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1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-28
| Metric | Trend | 2023-10-01 | 2024-09-29 | 2025-09-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,771,723,000 | £1,757,021,000 | £1,549,073,000 | -11.8% | |
| Operating profit | £25,173,000 | -£17,726,000 | -£49,986,000 | -182% | |
| Profit before tax | £680,000 | -£45,383,000 | -£85,221,000 | -87.8% | |
| Net profit | £2,092,000 | -£57,034,000 | -£120,490,000 | -111.3% | |
| Cash | £41,864,000 | £46,720,000 | £30,636,000 | -34.4% | |
| Total assets less current liabilities | £503,395,000 | £489,897,000 | £157,538,000 | -67.8% | |
| Net assets | £156,480,000 | £29,893,000 | -£90,181,000 | -401.7% | |
| Equity | £156,480,000 | £29,893,000 | -£90,181,000 | -401.7% | |
| Average employees | 15,517 | 16,214 | 14,417 | -11.1% | |
| Wages | £263,276,000 | £289,292,000 | £278,372,000 | -3.8% | |
| Directors' remuneration | £1,950,000 | £1,426,000 | £2,127,000 | +49.2% | |
| Directors' pension contributions | £1,000 | £37,000 | £82,000 | +121.6% | |
| Highest paid director | £764,000 | £564,000 | £628,000 | +11.3% |
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 | 2023-10-01 | 2024-09-29 | 2025-09-28 |
|---|---|---|---|---|
| Operating margin | 1.4% | -1.0% | -3.2% | |
| Net margin | 0.1% | -3.2% | -7.8% | |
| Return on capital employed | 5.0% | -3.6% | -31.7% | |
| Gearing (liabilities / total assets) | 83.9% | 96.8% | 120.0% | |
| Current ratio | 0.87x | 0.90x | 0.86x | |
| Interest cover | 0.97x | -0.61x | -1.44x |
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 4 times since incorporation
- POUNDLAND LIMITED 2002-06-06 → present
- POUNDLAND PLC 2001-06-04 → 2002-06-06
- THE ISE GROUP PLC 1998-03-09 → 2001-06-04
- POUNDLAND PLC 1993-05-24 → 1998-03-09
- POUND LAND LIMITED 1990-04-25 → 1993-05-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The £30m Term Facility with GBH is in place until 29 August 2027 and therefore the Directors highlight that further funding is to be secured within the next 13 months to replace this facility. In the scenario where funding is not raised, the available cash reserves may be exhausted at that time. However, it cannot be absolutely guaranteed that funding will be successfully raised. There is therefore a risk that the Company will not have sufficient financial resources beyond 29 August 2027 and therefore there exists a material uncertainty that may cast doubt over the ability of the Company to continue as a going concern beyond that date.”
Group structure
- POUNDLAND LIMITED · parent
- PLND UK Retail Limited 100%
- PLND Europe Limited 100%
- Poundland Elgin Limited 100%
- Viewtone Trading Group Limited 100%
- Online Poundshop Limited 100%
- Dealz Retailing Ireland Limited 100%
- PLND Limited 100%
Significant events
- “The Company changed ownership during the financial year, completing a transaction on 12th June 2025 that saw the business move away from full ownership from Pepco Group, to initially being fully owned by GBH.”
- “Following a Pepco Group strategic review, in March 2025 it commenced a sale process for Poundland Limited. That sale process concluded on 12th June 2025 with GBH completing the acquisition.”
- “Shortly after the acquisition a formal part 26a restructuring plan was announced, with the aim of rightsizing the store portfolio. That process was formally sanctioned on 26th August 2025.”
- “The business used 2025 as a reset moment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 45 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JACKSON, Mark Xavier | Director | 2025-03-21 | Mar 1966 | British |
| WILLIAMS, Barry Paul Inman | Director | 2025-01-22 | Jun 1970 | British |
Show 45 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMS, Robert Frank | Secretary | 2002-12-02 | 2006-05-10 |
| HATELEY, Nicholas Roger | Secretary | 2006-10-30 | 2014-01-01 |
| JHUTI, Jinder | Secretary | 2014-01-01 | 2017-10-06 |
| SMITH, Colin Deverell | Secretary | 2006-05-10 | 2006-10-30 |
| SMITH, Tracy | Secretary | — | 2002-06-11 |
| ADAMS, Robert Frank | Director | 2000-05-15 | 2006-05-10 |
| ALLEN, Paul James | Director | 2017-10-02 | 2021-03-19 |
| BAKER, Peter Gerard | Director | 2000-10-01 | 2002-02-07 |
| BALES, Craig Austin | Director | 2004-12-06 | 2015-06-01 |
| BEAUMONT, Ian | Director | 2007-02-28 | 2008-09-12 |
| BOND, Andrew James | Director | 2024-01-15 | 2024-07-01 |
| BORCHERT, Stephan | Director | 2024-07-01 | 2025-01-22 |
| BURTON, Michelle Andrea | Director | 2015-04-01 | 2019-02-28 |
| CARDINAAL, Sean Nicolas Nennens | Director | 2017-10-03 | 2021-10-13 |
| COOKE, Austin Lee David Edward | Director | 2017-07-28 | 2025-01-27 |
| CORDELL, Michael | Director | 1999-04-01 | 2000-09-09 |
| COXON, David James Barnett | Director | 2005-10-24 | 2014-07-18 |
| DAWSON, Martin John | Director | 2015-12-01 | 2017-11-30 |
| DODD, David Philip | Director | — | 2006-05-09 |
| ELLIS, Roy George | Director | 2016-11-21 | 2018-10-11 |
| FERRIER, Catherine | Director | 2003-07-07 | 2004-11-02 |
| FRANKS, Timothy Robert | Director | 2006-08-23 | 2010-06-17 |
| GALLOWAY, Neil John | Director | 2024-01-15 | 2025-01-22 |
| GARBUTT, Andrew John | Director | 2015-06-01 | 2018-11-16 |
| GOALEN, Timothy Robert William | Director | 2016-11-07 | 2025-01-22 |
| GRAY, Michael Stuart | Director | 2012-03-27 | 2017-12-18 |
| HATELEY, Nicholas Roger | Director | 2006-10-30 | 2016-12-02 |
| JENNER, Benjamin | Director | 2024-01-15 | 2025-09-22 |
| JHUTI, Jinder | Director | 2016-04-04 | 2017-10-06 |
| LANCASTER, Richard | Director | 2012-07-02 | 2015-08-28 |
| MACLACHLAN, James | Director | 2004-04-05 | 2007-06-13 |
| MCCARTHY, James John | Director | 2006-08-23 | 2016-06-30 |
| MCDONNELL, Tim James | Director | 2007-06-01 | 2016-09-30 |
| MONK, Andrew James | Director | 2009-05-06 | 2016-06-30 |
| O'BYRNE, Kevin | Director | 2016-04-04 | 2016-12-30 |
| OLDRIDGE, George Arthur | Director | 1997-10-01 | 2010-06-18 |
| PECKHAM, Nigel Mark | Director | 2001-10-01 | 2004-01-13 |
| POWELL, Mark Leslie | Director | 2012-03-01 | 2015-08-28 |
| ROBERTS, Phillip Llewelyn | Director | 1996-06-13 | 1997-08-29 |
| SHELDON, Ronald Frank | Director | 2006-05-11 | 2010-06-17 |
| SMITH, Colin Deverell | Director | 2003-01-30 | 2010-08-13 |
| SMITH, Steven Kevin | Director | — | 2002-06-11 |
| TWIGGER, Simon John | Director | 2015-09-07 | 2017-04-30 |
| WILLIAMS, Barry Paul Inman | Director | 2016-11-14 | 2023-10-31 |
| WILLIAMS, David Robert | Director | 2018-09-10 | 2024-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| 1903 Peach Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-06-12 | Active |
| Peu (Tre) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-08-06 | Ceased 2025-06-12 |
| Poundland Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-08-06 |
Filing timeline
Last 20 of 314 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-08-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-08-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-08-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-08-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-08-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-16 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-12 | SH02 | capital | Capital alter shares subdivision | |
| 2025-09-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-09 | SH01 | capital | Capital allotment shares | |
| 2025-09-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-02 | OC-R | liquidation | Legacy | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.