VALUE RETAIL LIMITED

1. VALUE RETAIL LIMITED 2024-09-23 → present
2. VALUE RETAIL PLC 1993-01-22 → 2024-09-23

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis, which assumes the Group will be able to meet its liabilities as they fall due for the foreseeable future. An assessment of going concern based on cash flow projections to 30 June 2026 has been prepared relating to the Group and the Company. The assessment is dependent on a number of assumptions, including future trading performance. According to the forecasts prepared on the assumptions, together with available market information and the Directors' knowledge and experience, the Directors have concluded that it is appropriate to adopt the going concern basis for preparing the financial statements for the year ended 31 December 2024.”

Group structure

1. VALUE RETAIL LIMITED · parent
   1. Value Retail Management Limited 100% · UK · Property Services
   2. Value Retail Management (Bicester Village) Limited 100% · UK · Property Services
   3. Value Retail Innovation Limited 100% · UK · Property Services
   4. Value Retail Development Limited 100% · UK · Property Services
   5. Value Retail (International) Limited 100% · UK · Property Services
   6. Value Retail Management Germany GmbH 100% · Germany · Property Services
   7. Value Retail Management Spain, S.L. 100% · Spain · Property Services
   8. Value Retail Management France SARL 100% · France · Property Services
   9. Value Retail Management Belgium N.V. 100% · Belgium · Property Services
   10. Value Retail Management Ireland Limited 100% · Ireland · Property Services
   11. Value Retail Management Italy S.r.l. 100% · Italy · Property Services
   12. Value Retail Europe Limited 100% · Ireland · Property Services
   13. Value Retail Management Europe Limited 100% · Ireland · Property Services
   14. Value Retail Management USA, Inc. 100% · USA · Property Services
   15. Value Retail Management International SARL 100% · France · Property Services

Significant events

• “During the year the Company changed its name and company form from Value Retail PLC to Value Retail Limited.”
• “A new company was incorporated in January 2024. Value-Retail Management International SARL, registered in France is 100% owned by Value Retail Management Ireland Limited.”
• “There have been no significant events since the balance sheet date.”

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

Filings

2

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

  +6.9%

  £340,668,000 → £364,227,000

• Cash

  -17.8%

  £36,580,000 → £30,062,000

• Net assets

  +8%

  £68,172,000 → £73,592,000

• Employees

  +3.5%

  1,121 → 1,160

• Operating profit

  +5.8%

  £8,711,000 → £9,216,000

• Profit before tax

  +1.7%

  £8,980,000 → £9,137,000

• Wages

  +6.8%

  £141,312,000 → £150,918,000

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