MCARTHURGLEN UK LIMITED

1. MCARTHURGLEN UK LIMITED 2002-10-15 → present
2. BMG UK LIMITED 2002-10-11 → 2002-10-15
3. BAA-MCARTHUR/GLEN UK LIMITED 1993-12-09 → 2002-10-11
4. SHELFCO (NO.882) LIMITED 1993-04-19 → 1993-12-09

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. This assumes that the Group and Company will be able to meet their liabilities as they fall due. In assessing the appropriateness of the going concern basis of preparation for the Group and Company, the directors have considered the need for financial support to be made available by the directors of the parent company (Outlet Services HoldCo Limited), who are MGE Management LLC and Simon Property Group Inc. and have concluded that no support will be required for the going concern period from the date of signing these financial statements through to 31 December 2026.”

Group structure

1. MCARTHURGLEN UK LIMITED · parent
   1. MG-RB Europe SAS 100% · France · provision of management services to other companies
   2. MGR Management and Retail S.r.l. 100% · Italy · provision of management services to other companies
   3. McArthurGlen Service GmbH 100% · Germany · provision of management services to other companies
   4. MGE-RB (Roermond) Management Co. B.V. 100% · Netherlands · provision of management services to other companies
   5. McArthurGlen Management Greece Designer Outlet EPE 100% · Greece · provision of management services to other companies
   6. McArthurGlen Management (Belgium) SPRL 100% · Belgium · provision of management services to other companies
   7. McArthurGlen Management GmbH 100% · Austria · provision of management services to other companies
   8. MGE Greek DRE LLC 100% · United States of America · has no activity
   9. McArthurGlen Vancouver Limited 100% · Canada · provision of management services to other companies
   10. McArthurGlen Management Spain SLU 100% · Spain · provision of management services to other companies
   11. MGE Food Company Limited 100% · United Kingdom · to improve the quality of the dining locations at the designer outlet centres managed by the Group
   12. MGE (Rosada) Management B.V. 100% · Netherlands · provision of management services to other companies

Significant events

• “The sale date of Designer Outlet Berlin and the formal transfer of the management of the centre was completed in May 2025.”

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

  +2.4%

  £164,014,543 → £167,885,310

• Cash

  +2.8%

  £17,558,464 → £18,055,458

• Net assets

  +32.8%

  £15,972,056 → £21,218,659

• Employees

  —

  Not reported

• Operating profit

  -50.1%

  £44,536,710 → £22,215,722

• Profit before tax

  -47.1%

  £44,355,165 → £23,483,932

• Wages

  +105.4%

  £29,930,828 → £61,476,884

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