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Cash

Latest balance sheet

Net assets

-£545m

-20.2% lowest in 3 filed years

Employees

Average over period

Profit before tax

-£102m

-152.1% vs 2025

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

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

Metric Trend 2024-01-312025-01-312026-01-31 Δ vs prior
Turnover
Operating profit -£69,748,000£3,648,000-£58,303,000 -1,698.2%
Profit before tax -£109,977,000-£40,630,000-£102,422,000 -152.1%
Net profit -£100,446,000-£28,908,000-£91,425,000 -216.3%
Cash £24,000£685,000
Total assets less current liabilities -£425,066,000-£453,662,000
Net assets -£425,066,000-£453,662,000-£545,399,000 -20.2%
Equity
Average employees 00
Wages
Directors' remuneration £0£0

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 2024-01-312025-01-312026-01-31
Gearing (liabilities / total assets) 609.0%474.9%1163.2%
Current ratio 0.00x0.21x0.09x
Interest cover -1.66x0.08x-1.32x

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
Deloitte LLP Statutory Auditor
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future being at least 12 months from the date of approval of the financial statements and they continue to adopt the going concern basis of accounting in preparing the financial statements for the year ended 31 January 2026.”

Significant events

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

People

2 active · 25 resigned

Name Role Appointed Born Nationality
FLETCHER, Simon Director 2023-09-30 Feb 1976 British
ROSE, Daniel Director 2025-11-03 Apr 1984 British
Show 25 resigned officers
Name Role Appointed Resigned
CHAMBERS, Martin Bertram Secretary 2008-01-24 2010-09-17
CORDESCHI, Richard Secretary 2015-08-07 2016-09-15
HUDSON, Kathryn Barbara Secretary 2013-06-14 2015-02-27
HUDSON, Kathryn Barbara Secretary 2012-06-01 2012-09-07
MOORE, Paul Secretary 2016-09-15 2021-06-01
MOORE, Paul Secretary 2012-09-07 2013-06-14
MORRIS, David Secretary 2015-02-27 2015-08-07
STOKES, Martin Howard Secretary 2001-05-03 2003-10-31
WARDLE, Rosemary Clare Francesca Secretary 2010-09-17 2012-06-01
WILSON, Julie Louise Secretary 2003-10-31 2008-01-24
BARRY, Chloe Silvana Director 2021-12-01 2025-10-31
CHESHIRE, Ian Michael, Sir Director 2002-04-16 2002-09-16
FOLLAND, Nicholas James Director 2007-07-26 2012-06-01
GROLEAU, Jean-Noel Hughes Roger Director 2015-09-11 2019-07-19
JONES, Helen Mary Director 2001-05-03 2007-07-26
KENDALL, Gaylene Jennefer Director 2019-07-19 2020-03-06
LERY, Vincent Director 2017-06-02 2017-08-15
MOORE, Paul Anthony Director 2016-07-04 2021-12-01
PARAMOR, David Richard Director 2012-09-07 2015-09-07
PARAMOR, David Richard Director 2008-10-27 2011-09-30
SKELTON, James Alan Director 2011-09-30 2012-09-10
SMITH, Julian James Lawrence Director 2020-03-06 2023-09-30
TATTON BROWN, Duncan Eden Director 2004-02-01 2008-10-13
WARDLE, Rosemary Clare Francesca Director 2012-06-01 2016-07-04
WEIR, Helen Alison Director 2001-05-03 2004-01-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Kingfisher Holdings Limited Corporate entity Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) 2020-10-14 Active
Kingfisher Uk Investments Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-10-14

Filing timeline

Last 20 of 129 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-10-26 MA Memorandum articles
  • 2022-10-26 RESOLUTIONS Resolution
Date Type Category Description
2026-08-09 AA accounts Accounts with accounts type full
2026-07-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-07 AP01 officers Appoint person director company with name date PDF
2025-11-04 TM01 officers Termination director company with name termination date PDF
2025-08-11 AA accounts Accounts with accounts type full
2025-07-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-13 AA accounts Accounts with accounts type full
2024-07-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-02 AP01 officers Appoint person director company with name date PDF
2023-10-02 TM01 officers Termination director company with name termination date PDF
2023-08-03 AA accounts Accounts with accounts type full
2023-07-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-21 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-03-13 CH01 officers Change person director company with change date PDF
2023-03-13 AD01 address Change registered office address company with date old address new address PDF
2022-10-26 MA incorporation Memorandum articles
2022-10-26 RESOLUTIONS resolution Resolution
2022-07-28 AA accounts Accounts with accounts type full
2022-07-06 CS01 confirmation-statement Confirmation statement with updates PDF
2021-12-07 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page