SHOE ZONE PLC

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SHOE ZONE PLC 2014-04-30 → present
2. SHOE ZONE LIMITED 2014-04-30 → 2014-04-30
3. SHOE ZONE (HOLDINGS) LIMITED 2014-03-26 → 2014-04-30

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

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the business is a going concern and that it is appropriate to prepare the financial statements on a going concern basis. In reaching this conclusion, the Directors have assessed the Group's current performance and position and factors that may affect the Group's future prospects. The business has experienced challenging trading conditions due to a weakening in consumer confidence, which resulted in profit downgrades announced in December 2024 and August 2025. The Directors have reviewed the capital expenditure commitment, staffing levels, additional sales promotions, store numbers and all costs, and will use all of these levers to protect the cash position. The Directors have also considered, should there be a significant but plausible downside scenario of a further 3% and 5% reduction, the mitigating steps that can be taken by reducing capital expenditure and intake, along with further cost cutting measures to protect the revised cash position. The Directors have reviewed forecasts and cash projections and consider that the Group has adequate banking facilities and cash resources to meet its operational and capital commitments. The latest cash forecasts provide significant headroom within the available banking facilities, even when sensitized. The new store and refit programme results, along with the positive digital performance, combined with the satisfactory cash position gives the Directors a reasonable basis on which to satisfy themselves that the business is a going concern. The Group has prepared forecasts and budgets which shows the Group has sufficient cash to meet its day to day liabilities as they fall due. On that basis, the Directors have prepared the financial statements on a going concern basis.”

Group structure

1. SHOE ZONE PLC · parent
   1. Castle Acres Development Limited 100% · England & Wales · Non-trading company
   2. Shoe Zone Retail Limited 100% · England & Wales · Trading company
   3. Shoe Zone Pension Trustees Limited 100% · England & Wales · Non-trading company
   4. Shoe Fayre Pension Trustees Limited 100% · England & Wales · Non-trading company

Significant events

• “We donated £252,000 to charitable causes.”
• “Our business strategy of investment in our new format stores continued, and we completed 17 refits and relocations in the financial year, which is a lower number of projects compared to last year, with continued investment in our Digital platform.”
• “We ended the year with 201 larger format stores (2024: 185), generating revenue of £88.3m (2024: £85.2m)”
• “The email database of engaged customers stood at 1.22m (2024: 1.43m), the reduction is because the 2024 database contained customers that had "opted-in" more than once and were therefore duplicated, but there was a small underlying increase.”

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

0

last 12 months

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

• Turnover

  -7.6%

  £161,322,000 → £149,095,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

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