COSTCO WHOLESALE UK LIMITED

1. COSTCO WHOLESALE UK LIMITED 2000-03-27 → present
2. COSTCO UK LIMITED 1997-04-25 → 2000-03-27
3. PRICECOSTCO EUROPE (UK) LIMITED 1994-03-04 → 1997-04-25
4. COSTCO EUROPE (U.K.) LTD 1991-10-24 → 1994-03-04
5. MORION SERVICES LIMITED 1991-08-06 → 1991-10-24

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

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. COSTCO WHOLESALE UK LIMITED · parent
   1. Costco Limited 100% · UK
   2. Alcalay Limited 100% · UK
   3. Submitselect Limited 100% · UK
   4. Crick Management Company Limited 80% · UK

Significant events

• “It is difficult to consistently and successfully predict the products and services our members will demand. The success of our business depends in part on our ability to identify and respond to evolving demographics and consumer preferences.”
• “Our ability to open new warehouses is affected by real estate and construction costs, the changes in national and/or municipal planning laws and other regulations related to use of land.”
• “Material interruption to our business operations and results could arise from a loss or failure of our information technology systems and back up processes, or a natural disaster.”
• “Adverse events that damage our brands or reputation may negatively impact our sales and membership and lower employee morale and productivity.”
• “A breach of member, employee or other business data could disrupt our business and cause financial, regulatory, legal, and reputational damage.”
• “General economic factors in the UK and internationally may adversely affect our business, financial health and operations. Inflationary pressures, including merchandise costs, labour rates, rising energy and transportation costs may erode profitability, and pressure on household budgets may reduce demand for our products and services.”
• “Factors associated with climate change could adversely affect our business. We use natural gas, diesel and petrol fuel and electricity in our distribution and warehouse operations.”
• “The directors recommended and paid a dividend of £200m on 30th October 2024 for the Company's current financial period.”

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

0

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

  +6.2%

  £4,778,251,000 → £5,073,750,000

• Cash

  +18.9%

  £352,654,000 → £419,347,000

• Net assets

  -2.5%

  £907,420,000 → £885,092,000

• Employees

  +6.2%

  8,026 → 8,524

• Operating profit

  +16.1%

  £151,386,000 → £175,728,000

• Profit before tax

  +33.7%

  £140,416,000 → £187,798,000

• Wages

  +7%

  £277,908,000 → £297,264,000

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