TESCO STORES LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-22
Confirmation statement due
2026-07-02 (in 2mo)
Last made up 2025-06-18
Watchouts
None on the register
Cash
£696M
+3.4% vs 2024
Net assets
£5B
+16.4% vs 2024
Employees
249,663
+2.4% vs 2024
Profit before tax
£2B
+13% vs 2024
Name history
Renamed 1 time since incorporation
- TESCO STORES LIMITED 1987-03-02 → present
- J. COLYER (FURNISHERS) LIMITED 1953-05-09 → 1987-03-02
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-02-22
| Metric | Trend | 2024-02-24 | 2025-02-22 |
|---|---|---|---|
| Turnover | £49,247,000,000 | £50,837,000,000 | |
| Operating profit | £1,798,000,000 | £1,975,000,000 | |
| Profit before tax | £1,469,000,000 | £1,660,000,000 | |
| Net profit | £1,133,000,000 | £1,259,000,000 | |
| Cash | £673,000,000 | £696,000,000 | |
| Total assets less current liabilities | £11,767,000,000 | £12,067,000,000 | |
| Net assets | £4,402,000,000 | £5,126,000,000 | |
| Equity | £4,402,000,000 | £5,126,000,000 | |
| Average employees | 243,820 | 249,663 | |
| Wages | £4,272,000,000 | £4,692,000,000 |
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 | 2024-02-24 | 2025-02-22 |
|---|---|---|---|
| Operating margin | 3.7% | 3.9% | |
| Net margin | 2.3% | 2.5% | |
| Return on capital employed | 15.3% | 16.4% | |
| Gearing (liabilities / total assets) | 78.5% | 75.3% | |
| Current ratio | 0.43x | 0.38x | |
| Interest cover | 4.14x | 4.75x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors continue to adopt the going concern basis in preparing the financial statements. In undertaking their going concern assessment, the Directors have concluded that there are no material uncertainties relating to going concern.”
Group structure
- TESCO STORES LIMITED · parent
- Broughton Retail Park Nominee 1 Limited 100%
- Broughton Retail Park Nominee 2 Limited 100%
- Broughton Retail Park Nominee 3 Limited 100%
- Broughton Retail Park Nominee 4 Limited 100%
- Cardiff Cathays Terrace Management Company Limited
- Oxford Fox and Hounds Management Company Limited
- Seacroft Green Nominee 1 Ltd 100%
- Seacroft Green Nominee 2 Ltd 100%
- Spen Hill Residential No 1 Limited 100%
- Spen Hill Residential No 2 Limited 100%
- Tesco Aqua (GP) Limited 100%
- Reskammel Property Company Limited 100%
- Tesco Property Nominees (No. 5) Limited 100%
- Tesco Property Nominees (No.6) Limited 100%
- Tesco Red (GP) Limited 100%
- Tesco Seacroft Ltd 100%
- Weymouth Avenue (Dorchester) Limited 100%
- TSFM Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR, Christopher Jon | Secretary | 2025-04-14 | — | — |
| MAJID, Kay Elizabeth | Director | 2024-07-18 | Dec 1975 | British |
| MURPHY, Ken | Director | 2020-10-01 | Sep 1966 | Irish |
| NAWAZ, Imran | Director | 2021-05-01 | Sep 1973 | Luxembourger |
| PRASAD, Ashwin | Director | 2025-06-19 | Mar 1976 | New Zealander |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, John Anthony | Secretary | — | 2003-05-30 |
| FIELD, Martin John | Secretary | 2003-05-30 | 2005-06-06 |
| LLOYD, Jonathan Mark | Secretary | 2005-06-06 | 2015-01-23 |
| MOORE, Paul Anthony | Secretary | 2015-01-21 | 2016-06-30 |
| THOMSON, Sara | Secretary | 2024-12-17 | 2025-04-14 |
| WELCH, Robert John | Secretary | 2016-08-10 | 2024-12-17 |
| AGER, Rowley Stuart | Director | — | 2004-03-15 |
| AGER, Stephen Lawrence | Director | 1995-05-09 | 2006-01-27 |
| AHMED, Bashir | Director | — | 1992-12-31 |
| ALLEN, Anne-Louise | Director | 1995-11-27 | 1998-05-08 |
| BAILEY, John Anthony | Director | 2000-12-12 | 2003-05-30 |
| BARNES, Matthew Campbell | Director | 2024-03-14 | 2025-06-19 |
| BATEMAN, Paul | Director | — | 2000-03-01 |
| BENJAMIN, Victor Woolf | Director | 1993-04-05 | 1996-06-07 |
| BESBRODE, Alan Irving | Director | — | 1994-04-30 |
| BIRD, John | Director | — | 1992-06-27 |
| BLACKBURN, Kenneth William | Director | — | 1996-09-20 |
| BOOTH, Graham | Director | — | 2003-03-28 |
| BRANDON, Keith Michael | Director | — | 2000-09-01 |
| BRASHER, Richard William Peter | Director | 1996-03-04 | 2012-03-15 |
| BURTON, Nigel | Director | — | 1993-01-29 |
| BUSH, Christopher Bryan | Director | 2013-10-14 | 2014-11-26 |
| CLARKE, Philip Andrew | Director | 1995-07-17 | 2014-09-01 |
| COLYER, Joseph Pyne | Director | — | 1992-06-19 |
| DARNELL, Michael | Director | — | 1994-05-20 |
| DAVIES, Matthew Samuel | Director | 2016-07-29 | 2018-03-05 |
| ELLIOTT, Dorothy Francis Elizabeth | Director | 1993-11-22 | 1996-11-14 |
| ELMER, Anthony John | Director | — | 2000-04-01 |
| FOREMAN, Bruce Sydney William | Director | — | 1995-02-24 |
| FRYETT, Gordon | Director | 1995-05-09 | 2013-11-22 |
| GILDERSLEEVE, John | Director | — | 2004-03-15 |
| GLEW, Steven Peter | Director | 1994-06-27 | 1999-02-28 |
| GOODFELLOW, Colin James | Director | — | 1994-04-30 |
| HAMMETT, Stephen | Director | 1995-11-27 | 2003-02-24 |
| HIGGINSON, Andrew Thomas | Director | 1997-11-17 | 2012-02-29 |
| HOWELL, Robert | Director | 1995-11-27 | 2004-04-30 |
| IDDON, Michael James | Director | 2012-11-22 | 2013-06-19 |
| JAMES, Lesley | Director | — | 1999-04-30 |
| LEAHY, Terence Patrick, Sir | Director | — | 2011-03-02 |
| LEWIS, David John | Director | 2014-11-11 | 2020-09-30 |
| LONGLEY, Clive | Director | — | 1994-06-27 |
| MACLAURIN, Ian Charter, Lord | Director | — | 1997-06-06 |
| MALPAS, Alfred David | Director | — | 1997-02-21 |
| MASON, Timothy John Rollit | Director | — | 2012-12-06 |
| MCILWEE, Laurence Patrick | Director | 2009-02-16 | 2014-04-04 |
| MERCER, Paul Vincent | Director | 1995-07-03 | 2003-02-24 |
| MORRIS, Adrian Charles | Director | 2013-02-08 | 2024-07-12 |
| NEVILLE-ROLFE, Lucy Jeanne, Ms. | Director | 2004-03-15 | 2013-01-02 |
| O'REILLY, Ian Patrick | Director | — | 2000-09-08 |
| PATEL, Bharat Jashbai | Director | — | 1993-11-30 |
| POTTS, David Thomas | Director | — | 2011-12-07 |
| PUGH, Richard Forrest, Doctor | Director | — | 1995-12-01 |
| RAYCRAFT, Michael | Director | — | 2003-02-24 |
| REID, David Edward | Director | — | 2003-12-31 |
| RIGBY, Steven Andrew | Director | 2014-02-04 | 2024-10-18 |
| RISK, Michael Robert | Director | 1996-01-26 | 2008-04-07 |
| ROBBINS, Noel | Director | 1996-07-22 | 2003-02-24 |
| SMITH, Colin George | Director | 1995-05-09 | 2006-01-31 |
| SMITH, John Michael | Director | — | 1994-04-30 |
| STEWART, Alan James | Director | 2014-11-11 | 2021-04-30 |
| TARRY, Jason Mark, Dr | Director | 2018-08-01 | 2024-03-14 |
| TATTERSALL, Derek | Director | — | 2000-07-28 |
| TUFFIN, Dennis Charles | Director | — | 1994-05-20 |
| UWINS, Simon | Director | 1995-05-09 | 2008-02-23 |
| WEMMS, John Michael | Director | — | 2000-06-15 |
| WILD, David James | Director | 1992-10-19 | 2003-03-29 |
| WILLIAMS, Brian Richard | Director | — | 1994-07-15 |
| WILSON, Charles | Director | 2018-03-05 | 2018-07-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tesco Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 555 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-11 RESOLUTIONS Resolution
- 2025-05-30 RESOLUTIONS Resolution
- 2025-02-20 RESOLUTIONS Resolution
- 2025-01-28 RESOLUTIONS Resolution
- 2024-10-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-06 | CH01 | officers | Change person director company with change date | |
| 2025-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-20 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-11-02 | AA | accounts | Accounts with accounts type full | |
| 2024-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2024 → FY2025 · period ending 2025-02-22 vs 2024-02-24
-
Turnover
+3.2%
£49,247,000,000 £50,837,000,000
-
Cash
+3.4%
£673,000,000 £696,000,000
-
Net assets
+16.4%
£4,402,000,000 £5,126,000,000
-
Employees
+2.4%
243,820 249,663
-
Operating profit
+9.8%
£1,798,000,000 £1,975,000,000
-
Profit before tax
+13%
£1,469,000,000 £1,660,000,000
-
Wages
+9.8%
£4,272,000,000 £4,692,000,000
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