SELFRIDGES MANCHESTER LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2(d) to the financial statements which indicates that that the Company's ability to continue as a going concern is dependent on the signing of a refinancing agreement for the loan to London Oxford Street Invest Limited, a related entity, which matures in August 2025. These events and conditions as explained in note 2(d), constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +2.4%

  £16,700,000 → £17,100,000

• Cash

  +154.5%

  £1,100,000 → £2,800,000

• Net assets

  +2.9%

  £153,800,000 → £158,300,000

• Employees

  —

  Not reported

• Operating profit

  +124.1%

  -£48,200,000 → £11,600,000

• Profit before tax

  +111.3%

  -£53,200,000 → £6,000,000

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2(d) to the financial statements which indicates that that the Company's ability to continue as a going concern is dependent on the signing of a refinancing agreement for the loan to London Oxford Street Invest Limited, a related entity, which matures in August 2025. These events and conditions as explained in note 2(d), constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “On 12 December 2024, The Public Investment Fund (Saudi Arabia) ("PIF") acquired a 50% joint controlling interest in the Company via an indirect acquisition of the Company's immediate shareholder, SIGNA Cambridge Properties Beteiligung GmbH (Austria) ("SCPB").”
• “With effect from 30 December 2024, SCPB transferred its shares in the Company to a wholly owned subsidiary of PIF, Abour First Investment Company (Saudi Arabia).”
• “On 23 December 2024, through the conversion of shareholder loans into equity and the issuance of new shares, CG Jersey acquired a 60% controlling interest in the Group, with PIF retaining a minority 40% interest.”
• “In February 2025, the Company's loan with Manchester Exchange Square Invest Limited was renewed, with a termination date of February 2030.”

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

4

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.