PRIMARK STORES LIMITED
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Next accounts due
2026-06-15 (in 1mo)
Last filed for 2024-09-14
Confirmation statement due
2026-06-30 (in 1mo)
Last made up 2025-06-16
Watchouts
None on the register
Cash
£43M
+13% vs 2023
Net assets
£997M
-28.2% vs 2023
Employees
33,888
+4.3% vs 2023
Profit before tax
£149M
+5.9% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-09-14
| Metric | Trend | 2023-09-16 | 2024-09-14 |
|---|---|---|---|
| Turnover | £3,851,018,000 | £3,906,702,000 | |
| Operating profit | £185,691,000 | £182,827,000 | |
| Profit before tax | £141,178,000 | £149,494,000 | |
| Net profit | £106,991,000 | £90,802,000 | |
| Cash | £37,694,000 | £42,583,000 | |
| Total assets less current liabilities | £2,442,809,000 | £2,006,304,000 | |
| Net assets | £1,389,425,000 | £997,360,000 | |
| Equity | £1,389,425,000 | £997,360,000 | |
| Average employees | 32,491 | 33,888 | |
| Wages | £476,244,000 | £523,471,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-16 | 2024-09-14 |
|---|---|---|---|
| Operating margin | 4.8% | 4.7% | |
| Net margin | 2.8% | 2.3% | |
| Return on capital employed | 7.6% | 9.1% | |
| Gearing (liabilities / total assets) | 54.8% | 65.7% | |
| Current ratio | 1.31x | 0.76x | |
| Interest cover | 4.03x | 4.63x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has received a letter of support from its immediate parent company, ABF Investments (No.2) Limited, indicating that it will receive the financial and other support necessary for the Company to trade and meet its liabilities as and when they become due for a period of twelve months from the date of signing of these financial statements.”
Significant events
- “2024 marked 50 years of Primark on the great British high street. The UK is Primark's biggest market, with 194 stores and over 33,000 retail colleagues. This year Primark invested £100 million in its UK store estate covering new stores, relocated stores and refits. The Company continued to expand and optimise its store portfolio with the opening of new stores in Bury St. Edmunds and Teesside, increasing our retail selling space by 0.1 million sq. ft. during the period to 7.8 million sq. ft. Click & Collect service is now in 57 stores in the UK and we expect this to be available in all stores in Great Britain by the end of 2025.”
- “After trialling Click & Collect across 57 stores across women's and kidswear, in April 2024 we announced plans to roll out our Click & Collect service to all stores across Great Britain by the end of 2025.”
- “The Company plans to open 5 new locations in the year and roll-out an extensive refit programme across its existing estate in the next year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAHILL, Raymond Gerrard | Secretary | 2020-12-24 | — | — |
| RODGERS, Kari Louise | Director | 2023-03-10 | Jun 1973 | British |
| TONGE, Eoin Philip | Director | 2023-04-26 | Aug 1972 | Irish |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOSTER, Jessica Sophie | Secretary | 2000-07-14 | 2001-03-01 |
| GORE, Malcolm Raymond | Secretary | — | 1999-06-11 |
| RICHARDSON, Lyn | Secretary | 2001-07-24 | 2001-08-13 |
| SCHOFIELD, Rosalyn Sharon | Secretary | 2001-08-13 | 2020-12-24 |
| SMITH, Simon Joseph | Secretary | 2006-07-14 | 2006-09-29 |
| SPRINGETT, Catherine Mary | Secretary | 2001-03-01 | 2001-07-24 |
| WRIGHT, William Bernard | Secretary | 1979-04-18 | 2000-07-14 |
| BASON, John George | Director | 2000-07-27 | 2023-04-28 |
| GIBBS, Simon Summerfield | Director | 2017-09-17 | 2021-04-01 |
| HALFORD, Seamus Michael | Director | 2004-01-05 | 2007-07-16 |
| MANSFIELD, Bernard John Michael | Director | 2004-01-05 | 2022-06-14 |
| PATCHETT, Peter Edmund | Director | — | 1999-09-10 |
| PRIOR, Patrick Brendan | Director | — | 2007-07-16 |
| RENDALL, Lee | Director | 1999-09-10 | 2000-07-26 |
| ROLLS, Jonathan Edward | Director | 2021-04-23 | 2025-09-15 |
| RUSSELL, Peter Andrew | Director | 2000-07-27 | 2007-07-16 |
| RYAN, Arthur St John | Director | 1999-07-01 | 2007-07-16 |
| SHAW, Trevor Henry Montague | Director | — | 2000-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Associated British Foods Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-30 | Ceased 2024-01-30 |
| Abf Investments (No.2) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-30 | Active |
| Abf Investments Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-01-30 |
Filing timeline
Last 20 of 157 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-02-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-22 | AA | accounts | Accounts with accounts type full | |
| 2023-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-16 | AA | accounts | Accounts with accounts type full | |
| 2021-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-21 | AA | accounts | Accounts with accounts type full | |
| 2021-04-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-09-14 vs 2023-09-16
-
Turnover
+1.4%
£3,851,018,000 £3,906,702,000
-
Cash
+13%
£37,694,000 £42,583,000
-
Net assets
-28.2%
£1,389,425,000 £997,360,000
-
Employees
+4.3%
32,491 33,888
-
Operating profit
-1.5%
£185,691,000 £182,827,000
-
Profit before tax
+5.9%
£141,178,000 £149,494,000
-
Wages
+9.9%
£476,244,000 £523,471,000
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