OCADO RETAIL LIMITED
Get an alert when OCADO RETAIL LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£73m
Latest balance sheet
Net assets
-£84m
lowest in 3 filed years
Employees
928
highest in 3 filed years
Profit before tax
-£35m
Period ending 2026-03-29
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-29
| Metric | Trend | 2023-12-03 | 2025-04-06 | 2026-03-29 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,408,800,000 | £3,737,200,000 | £3,193,300,000 | — | |
| Operating profit | -£110,400,000 | -£34,700,000 | £9,500,000 | — | |
| Profit before tax | -£139,000,000 | -£80,000,000 | -£35,000,000 | — | |
| Net profit | -£140,500,000 | -£80,000,000 | -£35,000,000 | — | |
| Cash | £76,400,000 | £68,200,000 | £73,300,000 | — | |
| Total assets less current liabilities | £529,700,000 | £443,800,000 | £553,500,000 | — | |
| Net assets | £31,100,000 | -£49,000,000 | -£84,000,000 | — | |
| Equity | £31,100,000 | -£49,000,000 | -£84,000,000 | — | |
| Average employees | 841 | 869 | 928 | — | |
| Wages | £38,400,000 | £62,400,000 | £51,600,000 | — | |
| Directors' remuneration | £587,600 | £2,567,400 | £3,416,000 | — | |
| Highest paid director | £448,400 | £1,434,500 | £2,843,800 | — |
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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 16 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-03 | 2025-04-06 | 2026-03-29 |
|---|---|---|---|---|
| Operating margin | -4.6% | -0.9% | 0.3% | |
| Net margin | -5.8% | -2.1% | -1.1% | |
| Return on capital employed | -20.8% | -7.8% | 1.7% | |
| Gearing (liabilities / total assets) | 96.3% | 106.3% | 108.9% | |
| Current ratio | 1.01x | 0.81x | 0.79x | |
| Interest cover | -3.76x | -0.70x | 0.21x |
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 3 times since incorporation
- OCADO RETAIL LIMITED 2014-06-16 → present
- OCADO LIMITED 2001-06-26 → 2014-06-16
- L.M. SOLUTIONS (UK) LIMITED 2000-01-31 → 2001-06-26
- PCO 225 LIMITED 1999-11-11 → 2000-01-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“There has been no material uncertainty identified which would cast significant doubt upon the Company's ability to continue using the going concern basis of accounting for a minimum of 12 months following the approval of these financial statements.”
Significant events
- “From 6 April 2025, as planned and in accordance with our shareholders' agreement, the Company's results are now consolidated into the results of Marks & Spencer Group plc.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WISEMAN, Jonathan David | Secretary | 2021-01-11 | — | — |
| ANKERS, Mathew David | Director | 2023-09-22 | Sep 1986 | British |
| DOBBS, Adam Leslie | Director | 2022-11-17 | Mar 1980 | British |
| DOLAN, Alison Ann | Director | 2025-04-01 | Dec 1969 | Irish |
| GIBSON, Hannah | Director | 2022-09-20 | Dec 1983 | British |
| HENE, Lawrence, Dr | Director | 2026-01-22 | Oct 1978 | British |
| MACHIN, Stuart Barry | Director | 2019-08-05 | Oct 1970 | British |
| MATTHEWS, James Xavier | Director | 2023-04-26 | Oct 1983 | British |
| STEINER, Timothy | Director | 2000-04-13 | Dec 1969 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABRAMS, Neill | Secretary | 2000-09-19 | 2019-08-05 |
| BANE, Carolyn Louise | Secretary | 2019-08-05 | 2020-01-01 |
| CALCOTT, Anya Catherine | Secretary | 2003-12-09 | 2005-04-22 |
| COOPER, Robert Mcneill | Secretary | 2010-09-28 | 2019-08-05 |
| GISSING, Jason Mark Conrad | Secretary | 2000-02-02 | 2000-09-19 |
| PAILEX CORPORATE SERVICES LIMITED | Corporate Secretary | 1999-11-11 | 2000-02-02 |
| ABRAMS, Neill | Director | 2000-09-19 | 2019-08-05 |
| BRACEY, Andrew | Director | 2009-11-02 | 2012-03-23 |
| CLAYTON, Tom, Doctor | Director | 2000-05-19 | 2010-03-09 |
| DAINTITH, Stephen Wayne | Director | 2022-11-17 | 2026-01-22 |
| EDWARDS, Jacqueline Marie | Director | 2000-09-19 | 2001-05-22 |
| ESOM, Steven Derek | Director | 2000-10-13 | 2004-02-25 |
| FAIMAN, Jonathan Moss | Director | 2000-02-02 | 2010-03-09 |
| FRAMPTON, Jeremy John | Director | 2000-05-19 | 2010-03-09 |
| GISSING, Jason Mark Conrad | Director | 2000-02-02 | 2014-05-07 |
| GORRIE, Robert James Alexander | Director | 2000-04-13 | 2010-03-09 |
| GRADE, Michael Ian | Director | 2006-10-04 | 2010-03-09 |
| GREGSON, Jeanette Margaret | Director | 1999-11-11 | 2000-02-02 |
| HENE, Lawrence, Dr | Director | 2019-08-05 | 2023-04-26 |
| JENSEN, Luke Giles William | Director | 2018-03-01 | 2019-08-05 |
| LEWIS, Patrick | Director | 2009-10-21 | 2010-03-09 |
| LYNAS, Brian | Director | 2006-01-11 | 2009-08-10 |
| MAYFIELD, Andrew Charles, Sir | Director | 2000-10-13 | 2005-01-14 |
| MCBRIDE, Niall James | Director | 2020-01-13 | 2023-01-19 |
| MCKAY, Alastair | Director | 2005-01-25 | 2008-11-10 |
| MEGSON, Angela | Director | 2004-02-25 | 2006-01-09 |
| RAUSING, Jorn | Director | 2003-04-02 | 2010-03-09 |
| RICHARDSON, Mark Antony | Director | 2012-02-03 | 2019-08-05 |
| ROBARTS, Michael | Director | 2009-12-22 | 2010-03-09 |
| ROBERTSON, Nigel | Director | 2000-04-13 | 2003-11-24 |
| ROWE, Stephen Joseph | Director | 2019-08-05 | 2022-05-25 |
| SMITH, Melanie Jane | Director | 2019-08-05 | 2022-07-19 |
| TATTON-BROWN, Duncan Eden | Director | 2012-09-01 | 2022-10-31 |
| TONGE, Eoin Philip | Director | 2020-06-24 | 2022-11-18 |
| TOWNSEND, Jeremy Charles Douglas | Director | 2023-01-26 | 2025-04-01 |
| WHITESIDE, Roger | Director | 2000-04-13 | 2003-11-07 |
| YOUNG, David Ernest | Director | 2000-10-13 | 2010-03-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marks And Spencer Holdings Limited | Corporate entity | Shares 25–50% | 2019-08-05 | Active |
| Ocado Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-12-18 |
| Ocado Holdings Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 423 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-10 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-10 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.