MAJESTIC WINE WAREHOUSES LIMITED

1. MAJESTIC WINE WAREHOUSES LIMITED 1982-02-23 → present
2. FALCOVANT LIMITED 1981-10-30 → 1982-02-23

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

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors therefore consider that the Group has adequate resources to remain in operation for the foreseeable future, being a period no less than 12 months from the date of approval of these financial statements and have continued to adopt the going concern basis in preparing these financial statements. In leading this assessment, the Directors have considered forecasts and projections and have taken account of pressures on income or funding.”

Group structure

1. MAJESTIC WINE WAREHOUSES LIMITED · parent
   1. Wineify Limited 100% · sale of wines, beers and spirits and food as part of its hospitality offering
   2. Majestic Wine (Jersey) Limited 100% · Jersey · sale of wines, beers and spirits
   3. Vagabond Wines Limited 100% · Dormant

Significant events

• “Acquisition of Vagabond, an innovative wine hospitality business trading from nine wine bars.”
• “Acquisition Enotria&Coe ("Enotria"), one of the UKs largest B2B suppliers to the on-trade.”
• “New web platform improving customer ordering experience launched in April 2025.”
• “Six new store openings including Jersey on the Channel Islands.”
• “New spring 2025 product range introduced, including own brand and exclusive wine parcels, Perfect Draft self-pour beer and snacks and accessories, aimed to improve sales and margin and offset the impact of new duty legislation.”
• “Restructuring actions to mitigate the impact of cost pressures with an annualised impact approaching £1m (for which much of the benefit will be in FY2025/26) plus IT efficiencies across the group which are expected to deliver operational efficiencies across the three divisions.”
• “The year ending 31 March 2025 did not include Easter, the second biggest trading period for Majestic - this fell into late April 2025.”
• “Two unplanned store closures, Ealing and Epsom due to landlord development events.”
• “Vagabond at Battersea Power Station was closed while the wine bar was extensively refurbished, increasing trading space by 20%, the benefits of which are being recognised in the current financial year with trading sales increasing by up to 20% at Battersea Power Station.”
• “The Asset Backed Loan facility was renegotiated in April 2025 in conjunction with the acquisition of Enotria, and increased up to £85m for 5 years.”
• “Majestic Charitable Foundation, launched in 2024.”
• “On 16 September 2025, the Company converted intercompany debt of £2.5m into equity of two subsidiary undertakings - £2.0m in relation to Wineify Limited and £0.5m in relation to Majestic Wine (Jersey) Limited.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.2%

  £385,479,000 → £386,236,000

• Cash

  -21.5%

  £20,251,000 → £15,901,000

• Net assets

  +15.8%

  £38,639,000 → £44,735,000

  highest in 4 filed years

• Employees

  +20.4%

  1,435 → 1,728

  highest in 4 filed years

• Operating profit

  -26.4%

  £21,773,000 → £16,022,000

• Profit before tax

  -45.7%

  £14,348,000 → £7,797,000

• Wages

  +12.4%

  £38,551,000 → £43,349,000

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