TESCO DISTRIBUTION LIMITED

1. TESCO DISTRIBUTION LIMITED 1995-01-23 → present
2. PRESSMICK LIMITED 1994-09-30 → 1995-01-23

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

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the Company has adequate resources to remain in operation for a period of at least 12 months from the date of signing the financial statements. In assessing the going concern for the Company, the Directors are of the opinion that as the company is an integral part of the Tesco Group, providing distribution services to Tesco Stores Limited which is a going concern, and so, Tesco Distribution Limited, by extension is also considered as a going concern. Therefore, they continue to adopt the going concern basis in preparing the financial statements. In undertaking their going concern assessment, the Directors have considered the impact of industry challenges and have concluded that there are no material uncertainties relating to going concern. For further details, please refer to the Tesco PLC Annual Report and Financial Statements 2025.”

Significant events

• “On 20th June 2025, the Company entered into a long-term Lease Agreement (AFL) for a new packaged distribution centre at London Gateway. The construction of this new DC is planned to be completed in December 2026.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +1.3%

  £2,344,088,000 → £2,374,982,000

• Cash

  +152.5%

  £11,792,000 → £29,773,000

• Net assets

  +7.4%

  £441,621,000 → £474,445,000

• Employees

  +2.5%

  17,300 → 17,727

• Operating profit

  -6.8%

  £162,239,000 → £151,273,000

• Profit before tax

  -8.1%

  £131,359,000 → £120,673,000

• Wages

  +0.8%

  £950,120,000 → £957,384,000

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