MITCHELLS & BUTLERS RETAIL LIMITED

1. MITCHELLS & BUTLERS RETAIL LIMITED 2003-04-14 → present
2. SIX CONTINENTS RETAIL LIMITED 2001-07-27 → 2003-04-14
3. BASS TAVERNS LIMITED 1991-09-29 → 2001-07-27
4. BASS INNS & TAVERNS LIMITED 1989-09-18 → 1991-09-29
5. BASS BREWING (ALTON) LIMITED 1979-12-31 → 1989-09-18
6. WILLIAM HANCOCK AND COMPANY,LIMITED 1887-06-07 → 1979-12-31

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. A full assessment of the going concern statement has been provided in note 1. In addition, the Directors of Mitchells & Butlers plc, the ultimate parent undertaking, have stated that they will continue to make funds available to the Company to enable it to meet its debts that otherwise it would be unable to do so as they fall due for the foreseeable future, being a period of at least twelve months from the date of approval of the balance sheet. We have not identified, and concur with the directors' assessment that there is not, a material uncertainty related to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for the going concern period.”

Group structure

1. MITCHELLS & BUTLERS RETAIL LIMITED · parent
   1. Old Kentucky Restaurants Limited 100% · England and Wales · Trademark Owner
   2. Browns Restaurant (Brighton) Limited 100% · England and Wales · Dormant
   3. Browns Restaurant (Bristol) Limited 100% · England and Wales · Dormant
   4. Browns Restaurant (Cambridge) Limited 100% · England and Wales · Dormant
   5. Browns Restaurant (London) Limited 100% · England and Wales · Dormant
   6. Browns Restaurant (Oxford) Limited 100% · England and Wales · Dormant
   7. Browns Restaurants Limited 100% · England and Wales · Dormant

Significant events

• “Sales growth across the 52 week period was 3.7%, with consistent growth over the first and second half.”
• “Sales remained resilient through the second quarter aided by good weather in late March, and with a particularly strong performance on Mother's Day.”
• “Cost inflation over the financial year was driven primarily by increased labour costs (including increased national insurance contributions in the second half) and with a stabilisation of energy costs in particular.”
• “Sales growth remained strong over FY 2025, with consistent market outperformance which we expect to continue in FY 2026.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  +3.7%

  £1,909,000,000 → £1,980,000,000

• Cash

  -15.4%

  £91,000,000 → £77,000,000

• Net assets

  +7%

  £3,499,000,000 → £3,744,000,000

• Employees

  -0.5%

  35,378 → 35,186

• Operating profit

  +3.6%

  £276,000,000 → £286,000,000

• Profit before tax

  +9.3%

  £194,000,000 → £212,000,000

• Wages

  +6.4%

  £551,000,000 → £586,000,000

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