UK Companies House feature
IBEX RETAIL INVESTMENTS (EUROPE) LIMITED
Profile
- Company number
- 12899084
- Status
- Active
- Incorporation
- 2020-09-23
- Last accounts made up
- 2024-09-30
- Account category
- FULL
- Primary SIC
- 47190
- Hubs
- UK Consumer / DTC
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“In preparing the Financial Statements, the going concern basis has not been adopted. The significant matter considered by the board of directors for the Company's going concern assessment was the WHOA Restructuring Plan with effective date being 30 June 2023. As at 30 September 2024, the Company's liabilities exceed its assets. However, amounts payable to group undertakings are structured as limited recourse loans, restricting the Company's liability to the fair value of its available assets.”
Subsidiaries
- Pepco Group N.V. · 72.15% held · The Netherlands · Investment
- Pepco Group Limited · 72.15% held · United Kingdom · Investment
- Dealz Poland Sp. z o.o. · 72.15% held · Poland · General merchandise retailer
- Pepkor Europe Limited · 72.15% held · United Kingdom · Property company
- Online Poundshop Limited · 72.15% held · United Kingdom · Online retailer
- Pepkor UK Retail Limited · 72.15% held · United Kingdom · Clothing retailer
- Poundland UK and Europe Limited · 0% held · United Kingdom · Dissolved
- Vaucluse Diffusion SASU · 72.15% held · France · Non-trading entity
- Fully Sun China Ltd · 72.15% held · Hong Kong · Purchasing company
- Pepkor Europe GmbH · 72.15% held · Switzerland · Investment
- Pepco Poland Sp. z o.o. · 72.15% held · Poland · General merchandise retailer
- Konopacka Holdings B.V. · 72.15% held · The Netherlands · Investment
- Rawska Holdings B.V. · 72.15% held · The Netherlands · Investment
- Cardina Investment Sp. z o.o. · 72.15% held · Poland · Property holding
- Evarts Investments Sp. z o.o. · 72.15% held · Poland · Property holding
- Pepco Ingatlan Kft · 72.15% held · Hungary · Property holding
- Pepco Croatia d.o.o. · 72.15% held · Croatia · General merchandise retailer
- Pepco Czech Republic s.r.o. · 72.15% held · Czech Republic · General merchandise retailer
- Pepco Hungary Kft. · 72.15% held · Hungary · General merchandise retailer
- Pepco Slovakia s.r.o. · 72.15% held · Slovakia · General merchandise retailer
- Pepco, trogvina na drono, d.o.o · 72.15% held · Slovenia · General merchandise retailer
- Pepco Lithuania UAB · 72.15% held · Lithuania · General merchandise retailer
- Pepco Latvia SIA · 72.15% held · Latvia · General merchandise retailer
- Pepco Estonia OÜ · 72.15% held · Estonia · General merchandise retailer
- Pepco Distribution Sp. z.o.o. · 72.15% held · Poland · Transport, Storage and Communication
- Pepco B-H · 72.15% held · Bosnia · Dormant
- Pepco Logistics S.L · 72.15% held · Spain · Transport, Storage and Communication
- Pepco Group International Limited · 72.15% held · United Kingdom · Dormant
- Pepco Retail s.a. · 72.15% held · Romania · General merchandise retailer
- Pepco Properties Sp. z o.o · 72.15% held · Poland · Property holding
- Pepco Portugal LDA · 72.15% held · Portugal · General merchandise retailer
- Pepkor Import B.V. · 72.15% held · The Netherlands · Investment
- Pepkor France SASU · 72.15% held · France · Non-trading company
- Pepco Retail Espana S.L. (formerly Pepkor Retail Espana S.L.) · 72.15% held · Spain · Non-trading company
- Pepco Group Services Limited · 72.15% held · United Kingdom · Non-trading company
- Pepkor PGS (Shanghai) Co Ltd. · 72.15% held · China · Purchasing company
- PGS Partner India Private Limited · 72.15% held · India · Purchasing company
- PEU (Fin) plc · 72.15% held · United Kingdom · Group financing company
- Peu (Tre) Limited · 72.15% held · United Kingdom · Group treasury company
- Pepco Holdings sp. z o.o. · 72.15% held · Poland · Investment
- Pepco Austria GmbH · 72.15% held · Austria · General merchandise retailer
- Pepco Greece IKE · 72.15% held · Greece · General merchandise retailer
- Pepco Germany GmbH · 72.15% held · Germany · General merchandise retailer
- Pepco Bulgaria EOOD · 72.15% held · Bulgaria · General merchandise retailer
- Pepco d.o.o. Beograd-Novi Beograd · 72.15% held · Serbia · General merchandise retailer
- Pepco Italy S.r.l · 72.15% held · Italy · General merchandise retailer
- Poundland Limited · 72.15% held · United Kingdom · General merchandise retailer
- Poundland International Limited · 72.15% held · United Kingdom · Investment
- Dealz Espana SL · 72.15% held · Spain · General merchandise retailer
- Dealz Retailing Ireland Limited · 72.15% held · Eire · Being struck off
- Poundland Elgin Limited · 72.15% held · United Kingdom · Property holding
- Viewtone Trading Group Limited · 72.15% held · United Kingdom · Investment
- Viewtone Limited · 72.15% held · United Kingdom · Investment
- Frozen Value Limited · 72.15% held · United Kingdom · Food retailer
- Jack Fulton Limited · 72.15% held · United Kingdom · Dormant
- Viewtone Trustees Limited · 72.15% held · United Kingdom · Business support services
- Minaldi Limited · 72.15% held · United Kingdom · Food retailer
- Steenbok Newco 7 Limited* · 100% held · United Kingdom · Investment
- Steinhoff UK Holdings Limited · 98.95% held · United Kingdom · Investment
- Homestyle 2007 Pension Scheme Trustee Limited · 98.95% held · United Kingdom · Pension Scheme Trustee
- Homestyle Pension Company Limited · 98.95% held · United Kingdom · Pension scheme employer company
- Steenbok Newco 8 Limited · 100% held · United Kingdom · Investment
- Steinhoff Holding Beta GmbH · 100% held · Austria · Investment
- AIH Investment Holding AG · 100% held · Austria · Investment
- Laguna Holdings B.V. · 100% held · The Netherlands · In liquidation
- Laguna Investments Beta B.V. · 100% held · The Netherlands · In liquidation
- Laguna Investments Alpha B.V. · 100% held · The Netherlands · In liquidation
- Conforama Investissement SNC · 100% held · France · Investment
- Conforama Developpement SASU · 0% held · France · Merged into Conforama Investissement SNC
- Conforama Holding SA · 99.98% held · France · Investment, intra-group services and owner of trademark
- Conforama Developpement 18 SASU · 0% held · France · Merged into Conforama Holding SA
- SCI Manda · 0% held · France · Merged into Conforama Holding SA
- Conforama Luxemburg SA · 0% held · Luxembourg · Merged into Conforama Holding SA
- Conforama Espana SA · 0% held · Spain · Sales of furniture
- Realinvest Conforama SL · 0% held · Spain · Sales of furniture
- Conforama Portugal SA · 0% held · Portugal · Sales of furniture
Significant events
- “On 13 August 2019, various companies in the Group had entered into a Creditors Voluntary Arrangement ("CVA") as described in note 15, and since its incorporation, the objective of the Company and its direct and indirect subsidiaries has been to monetise assets in order to make repayments of outstanding debt to the CVA lenders.”
- “The current period operating loss was driven primarily by a gain on revaluation of investments in subsidiaries to fair value totalling €160,856,901 (2023: loss of €647,168,209), relating primarily to the Company's investment in Pepco Group, which is listed on the Warsaw Stock Exchange.”
- “The Company also received dividends of €14,050,900 (2023: €nil) in the year.”
- “In the prior year, the Company made a loss from disposals of investments in subsidiaries totalling €24,849,739 (including costs), which arose when the Company sold a portion of its holding in Pepco Group N.V. and its subsidiaries via an accelerated book build. No such transaction occurred in the current year.”
- “Interest payable to group undertakings increased from €87,364,350 to €110,058,950 due to an increase in the interest rates charged.”
- “The implementation of the WHOA Restructuring Plan on 30 June 2023 included an amendment to the credit facilities and the CPUs of the Group, including a postponement of the due date of the SEAG's and SFHG's indebtedness from 30 June 2023 to at least 30 June 2026, with the possibility of further two one-year options to further extend the maturity dates up to 30 June 2028.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DU PREEZ, Louis Jacobus | Director | 2020-09-23 | May 1969 | South African |
| MAHONEY, Sean Owen | Director | 2025-06-01 | Aug 1962 | American |
| VAN DEN BERGHE, Dirk Jozef Stefaan | Director | 2026-01-20 | Jun 1963 | Belgian |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Neil Graeme | Director | 2020-09-23 | 2025-05-31 |
| LEE, Heyoung H | Director | 2020-09-23 | 2023-10-02 |
| MAHAJAN, Sandip | Director | 2020-09-23 | 2023-06-30 |
| SOLDATOS, Paul Williams | Director | 2020-09-23 | 2025-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Steenbok Newco 4 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-23 | Active |
Filing timeline
Last 20 of 31 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | AP01 | officers | appoint person director company with name date |
| 2025-12-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-09 | AP01 | officers | appoint person director company with name date |
| 2025-06-02 | TM01 | officers | termination director company with name termination date |
| 2025-06-02 | TM01 | officers | termination director company with name termination date |
| 2025-04-08 | AA | accounts | accounts with accounts type full |
| 2024-10-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-19 | AA | accounts | accounts with accounts type full |
| 2024-01-08 | CH01 | officers | change person director company with change date |
| 2023-10-04 | TM01 | officers | termination director company with name termination date |
| 2023-09-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-04 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-07-03 | TM01 | officers | termination director company with name termination date |
| 2023-05-10 | AA | accounts | accounts with accounts type full |
| 2022-11-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-03-07 | AA | accounts | accounts with accounts type full |
| 2022-01-10 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2021-11-09 | AD01 | address | change registered office address company with date old address new address |
| 2021-10-26 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.