FREEMANS PUBLIC LIMITED COMPANY

1. FREEMANS PUBLIC LIMITED COMPANY 1981-12-31 → present
2. FREEMANS (LONDON S.W.9.) LIMITED 1936-12-08 → 1981-12-31

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 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has made an operating loss of £12.6m (FY24: operating loss of £4.3m) and has net current assets of £11.1m as at 1 March 2025 (FY24: £21.5m). The company has considered its cashflows alongside those of Grattan plc, a sister company with whom Freemans plc operates, and how it is financed, and managed for the 12 months from signing the Financial Statements. The directors are confident that the company will have sufficient funds available to enable it to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The operating loss for the financial period was £12.6m compared to an operating loss of £4.3m in the prior period. As well as the reduction in turnover, the increase in operating loss was driven by the creation of a provision for £2.2m of onerous software licence costs.”
• “The company received an equity injection of £13.4m during the financial period from its parent company.”

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

3

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.

• Turnover

  -3.3%

  £168,872,000 → £163,222,000

• Cash

  +43.2%

  £9,148,000 → £13,102,000

• Net assets

  -54.8%

  £22,996,000 → £10,403,000

• Employees

  -6.1%

  147 → 138

• Operating profit

  -193.1%

  -£4,307,000 → -£12,624,000

• Profit before tax

  -197.8%

  -£4,356,000 → -£12,973,000

• Wages

  -9.4%

  £6,373,000 → £5,771,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers