SHOP DIRECT FINANCE COMPANY LIMITED

Latest accounts filed cover 2025-06-30; financial figures currently reflect up to 2025-06-28.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -0.2%

  £423,000,000 → £422,300,000

• Cash

  -34.8%

  £23,000,000 → £15,000,000

• Net assets

  +17.6%

  £369,400,000 → £434,400,000

• Employees

  -6.3%

  961 → 900

• Operating profit

  +2.2%

  £183,900,000 → £188,000,000

• Profit before tax

  +20.9%

  £57,900,000 → £70,000,000

• Wages

  +6.1%

  £29,400,000 → £31,200,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

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.

1. SHOP DIRECT FINANCE COMPANY LIMITED 2009-01-05 → present
2. LITTLEWOODS FINANCE COMPANY LIMITED 2003-02-20 → 2009-01-05
3. LITTLEWOODS7 LIMITED 2003-02-10 → 2003-02-20

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operation for the next 12 months from the approval date of this report. Accordingly, they continue to adopt the going concern basis in the preparation of the Annual Report and financial statements.”

Group structure

1. SHOP DIRECT FINANCE COMPANY LIMITED · parent
   1. Shop Direct Group Financial Services Limited 100% · England and Wales · Dormant
   2. Littlewoods Direct Recoveries Limited 100% · England and Wales · In liquidation

Significant events

• “The profit before tax for the period was £70.0m after exceptional costs of £0.2m, which mainly relate to restructuring costs of £0.5m, offset by the release of a site closure provision of £0.6m (2024: profit before tax of £57.9m after exceptional costs of £2.7m, mainly relating to fixed asset impairment of £1.4m and restructuring costs of £1.1m).”
• “The improved earnings performance in the year was largely a result of lower impairment losses on customer receivables which reduced by £13.8m to £123.7m (2024: £137.5m) and decreased net finance costs which fell by £8.0m year on year to £118.0m (2024: £126.0m).”
• “During FY25 we announced a three-year partnership with the National Literacy Trust, an independent charity which works with schools, communities and partners across the UK to empower children, young people and adults with the literacy skills they need to succeed in life.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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