MUSGRAVE RETAIL STORES NI LIMITED
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Cash
£4.1m
+154.9% highest in 3 filed years
Net assets
-£2.8m
+74.9% highest in 3 filed years
Employees
288
+1.4% highest in 3 filed years
Profit before tax
-£6.1m
-14.2% lowest in 3 filed years
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 2025-12-27
| Metric | Trend | 2023-12-30 | 2024-12-28 | 2025-12-27 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £51,414,337 | £78,659,429 | £87,350,699 | +11% | |
| Operating profit | -£1,390,387 | -£2,890,148 | -£3,555,353 | -23% | |
| Profit before tax | -£2,893,724 | -£5,341,951 | -£6,102,114 | -14.2% | |
| Net profit | -£3,270,129 | -£5,594,590 | -£6,060,882 | -8.3% | |
| Cash | £1,795,204 | £1,593,836 | £4,063,103 | +154.9% | |
| Total assets less current liabilities | -£5,850,111 | -£10,033,380 | -£1,759,324 | +82.5% | |
| Net assets | -£6,670,970 | -£11,090,310 | -£2,779,442 | +74.9% | |
| Equity | -£6,670,970 | -£11,090,310 | -£2,779,442 | +74.9% | |
| Average employees | 267 | 284 | 288 | +1.4% | |
| Wages | £4,345,583 | £8,477,157 | £9,625,325 | +13.5% | |
| Directors' remuneration | — | — | — | — |
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 | 2023-12-30 | 2024-12-28 | 2025-12-27 |
|---|---|---|---|---|
| Operating margin | -2.7% | -3.7% | -4.1% | |
| Net margin | -6.4% | -7.1% | -6.9% | |
| Gearing (liabilities / total assets) | 118.1% | 127.4% | 106.0% | |
| Current ratio | 0.13x | 0.12x | 0.18x | |
| Interest cover | -0.92x | -1.18x | -1.40x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as, in the opinion of the directors, there is a reasonable expectation that the company has adequate resources to enable it to continue operating for the foreseeable future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CONNOLLY, Eoin | Secretary | 2022-10-07 | — | — |
| KEATING, Andrew | Director | 2023-03-20 | Apr 1970 | Irish |
| MAGILL, Trevor | Director | 2020-08-03 | Jul 1970 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CUNNINGHAM, Alan | Secretary | 2021-02-28 | 2022-04-04 |
| O'FLYNN, David | Secretary | 2019-02-13 | 2021-02-28 |
| O'GRADY, Myles | Secretary | 2022-04-04 | 2022-10-07 |
| CUNNINGHAM, Alan | Director | 2021-02-28 | 2022-04-04 |
| KEELEY, Noel | Director | 2020-01-01 | 2026-07-01 |
| MARTIN, Christopher Nicholas | Director | 2019-02-13 | 2020-01-01 |
| MCCORMACK, Michael | Director | 2019-02-13 | 2020-08-03 |
| O'FLYNN, David | Director | 2019-02-13 | 2021-02-28 |
| O'GRADY, Myles | Director | 2022-04-04 | 2022-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Musgrave Investments Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-02-13 | Active |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-05 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-21 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-11 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 0
- 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.