NEPTUNE RETAIL LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-12.

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

  +17.2%

  £24,955,825 → £29,255,849

  highest in 3 filed years

• Cash

  -80.3%

  £878,892 → £172,818

  lowest in 3 filed years

• Net assets

  -186%

  -£2,377,724 → -£6,801,048

  lowest in 3 filed years

• Employees

  -1.1%

  185 → 183

  lowest in 3 filed years

• Operating profit

  -101%

  -£2,237,376 → -£4,497,871

  lowest in 3 filed years

• Profit before tax

  -101%

  -£2,237,376 → -£4,497,871

  lowest in 3 filed years

• Wages

  +22.6%

  £3,933,363 → £4,823,596

  highest in 3 filed years

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

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. NEPTUNE RETAIL LIMITED 2015-02-27 → present
2. J G E INVESTMENTS LIMITED 2011-03-09 → 2015-02-27
3. KIT STONE LIMITED 2005-03-29 → 2011-03-09

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The retail environment in the UK remains challenging and therefore represents an ongoing risk to the business. However, the business delivered a step change in financial performance during FY25. This, combined with the renewal of funding facilities, places Neptune on a resilient footing. As a result, the Group's projections, after considering reasonable possible changes in performance, show that the Group is able to operate within its financing levels and therefore management deem that the accounts should be made on a going concern basis.”

Group structure

1. NEPTUNE RETAIL LIMITED · parent
   1. Bucton Limited 100%
   2. Design Centre (Suffolk) Limited 100%

Significant events

• “FY25 marked a significant step forward for Neptune and its journey towards long-term, sustainable profitability. UK trading conditions remained challenging but against this back drop, Group turnover remained stable at £73.0m (vs £73.4m in FY24) whilst a number of business wide transformation improvements delivered a marked shift in profitability with PBT increasing from £(1.1)m loss in FY24 to £2.1m profit in FY25.”
• “Gross margin increased to £44.7m or 61% of revenue representing a 3 percentage point increase vs FY24. FY25 saw a deliberate reduction in low margin promotion led sales in order to sustain our brand's aspirational positioning. The reduction in promotional sales was offset by new channel opportunities secured in FY25, such as a partnership with John Lewis which launched in Q4 and is set to grow further in FY26.”
• “The business also successfully launched a new CRM platform to allow us to better serve our customers on their buying journeys with Neptune.”
• “In FY25, Neptune successfully renewed its funding facilities with our long term partner HSBC. The renewal delivered an improved, multi-year financing arrangement and further illustrates the growing confidence in the business.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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