Company Identification Details
|
Subject Reported on
|
MATALAN RETAIL LTD.
|
|
Registration Number
|
02103564
|
|
VAT Number
|
GB534588616
|
|
Address
|
GILLIBRANDS ROAD, SKELMERSDALE, LANCASHIRE, WN8 9TB.
|
|
Telephone
|
01695 552 400
|
|
Facsimile
|
01695 552 793
|
|
Email
|
info@matalan.co.uk
|
|
Web Address
|
www.matalan.co.uk
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
02103564
|
|
VAT Number
|
GB534588616
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
25/02/1987
|
|
Registered Office
|
GILLIBRANDS ROAD, SKELMERSDALE, WEST LANCASHIRE, WN8 9TB.
|
|
History
|
3/03/1998 : Change
of name from MATALAN DISCOUNT CLUB (CASH & CARRY) LTD..
|
|
|
10/12/1992 : Change
of name from MATALAN (CASH & CARRY) LIMITED.
|
|
|
12/08/1988 : Change
of name from MATALAN (SALFORD) LIMITED.
|
|
Date of Last Annual Return to Registry
|
31/07/2012
|
|
Accounts
|
The last filed accounts at Companies House are those to 25/02/2012
|
|
Accounting Reference Date
|
26/02
|
Operations
|
Activities
|
Retailers of ladies', men's, children's clothing and homewares.
|
|
Nace Code
|
5242
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
15,858
|
|
Trade Names
|
MATALAN
|
|
Import Countries
|
EUROPE
|
|
Export Countries
|
EUROPE
|
|
Bankers
|
KAUPTHING BANK NF
|
|
Address
|
SOLTUN 26, 105 REYKJAVIK, ICELAND.
|
|
Auditors
|
PricewaterhouseCoopers LLP
|
|
Branches
|
317 EDGWARE ROAD,
CRICKLEWOOD BROADWAY, CRICKLEWOOD, LONDON, NW2 6PH.
|
|
|
THE BRAND CENTRE,
MOLLISON AVENUE, ENFIELD, EN3 7PH.
|
|
|
INSHES RETAIL PARK,
INVERNESS, INVERNESS-SHIRE, IV2 3TW.
|
|
|
LORENY INDUSTRIAL ESTATE,
UMBERLEY ROAD, KILMARNOCK, KA1 5LB.
|
|
|
BOUCHER ROAD RETAIL
PARK, OFF BOUCHER ROAD, BOUCHER, BELFAST, BT12 6HR.
|
|
|
HOLME ROAD, BAMBER
BRIDGE, PRESTON, PR5 6BP.
|
|
|
155 SLATEFORD ROAD,
EDINBURGH, MIDLOTHIAN, EH14 1NZ.
|
|
|
QUEDGELEY DISTRICT
CENTRE, GLOUCESTER, GLOUCESTERSHIRE, GL2 4PF.
|
|
|
UNITS G & H THE
TRIUMPH CENTRE, HUNTS CROSS, LIVERPOOL, MERSEYSIDE, L24 9GB.
|
|
|
HALTON DISTRICT
CENTRE, SELBY ROAD, LEEDS, LS15 7JR.
|
|
|
31 OLD BURLINGTON STREET,
LONDON, W1S 3AS.
|
|
|
WOODLAND STREET,
SCOTIA ROAD, STOKE-ON-TRENT, ST6 6AN.
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
9
|
22
|
56
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
16/04/2013
|
Miscellaneous
|
|
10/04/2013
|
Miscellaneous
|
|
03/04/2013
|
Miscellaneous
|
|
21/03/2013
|
Manufacture of metal structures and parts of structures
|
|
08/03/2013
|
Miscellaneous
|
|
06/03/2013
|
Miscellaneous
|
|
28/02/2013
|
Miscellaneous
|
|
07/02/2013
|
Miscellaneous
|
|
05/02/2013
|
Miscellaneous
|
|
15/01/2013
|
Miscellaneous
|
|
10/01/2013
|
Hotels and similar accommodation
|
|
22/12/2012
|
Miscellaneous
|
|
17/12/2012
|
Miscellaneous
|
|
14/12/2012
|
Miscellaneous
|
|
07/12/2012
|
Miscellaneous
|
|
04/12/2012
|
Miscellaneous
|
|
21/11/2012
|
Miscellaneous
|
|
16/11/2012
|
Miscellaneous
|
|
07/11/2012
|
Miscellaneous
|
|
06/11/2012
|
Miscellaneous
|
|
05/11/2012
|
Miscellaneous
|
|
19/10/2012
|
Miscellaneous
|
|
18/10/2012
|
Miscellaneous
|
|
21/09/2012
|
Miscellaneous
|
|
21/09/2012
|
Miscellaneous
|
|
20/09/2012
|
Miscellaneous
|
|
20/09/2012
|
Miscellaneous
|
|
18/09/2012
|
Miscellaneous
|
|
18/09/2012
|
Miscellaneous
|
|
10/09/2012
|
Miscellaneous
|
|
23/08/2012
|
Miscellaneous
|
|
23/08/2012
|
Miscellaneous
|
|
16/08/2012
|
Miscellaneous
|
|
17/07/2012
|
Miscellaneous
|
|
16/07/2012
|
Miscellaneous
|
|
12/07/2012
|
Miscellaneous
|
|
10/07/2012
|
Miscellaneous
|
|
10/07/2012
|
Miscellaneous
|
|
06/07/2012
|
Miscellaneous
|
|
04/07/2012
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
Period
|
Last 72 Months
|
|
Amount Summary
|
285
|
|
Count Summary
|
1
|
|
Unsettled Amount Summary
|
285
|
|
Highest Amount Summary
|
285
|
0
|
0
|
|
Details of the most recent CCJ's/Scottish Decrees
|
|
Date
|
Amount
|
Type
|
Case No
|
Satisfied
|
Court
|
|
12/05/2009
|
285
|
Judgment
|
9XZ55021
|
|
NORTHAMPTON CCBC
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
9
|
|
Number Outstanding
|
1
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
8
|
|
|
|
|
Date of Latest Mortgage Created
|
11/04/2011
|
|
Date of Latest Satisfaction
|
15/04/2011
|
Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
16/04/2011
|
11/04/2011
|
Debenture
|
MG01
|
Lloyds Tsb Bank Plc (As Security Agent)
|
|
15/04/2011
|
07/04/2010
|
30/03/2010
|
Debenture
|
MG01
|
The Royal Bank Of Scotland Plc
|
|
07/04/2010
|
24/01/2007
|
18/01/2007
|
Deed Of Accession And Charge
|
395
|
Kaupthing Bank Hf (In Its Capacity As Security Agent For The
|
|
27/10/1998
|
19/05/1994
|
06/05/1994
|
Legal Charge
|
395
|
Barclays Bank Plc
|
|
27/10/1998
|
25/04/1991
|
11/04/1991
|
Debenture
|
N/A
|
Barclays Bank Plc
|
|
25/06/1992
|
|
11/04/1991
|
Legal Charge
|
403A
|
Barclays Bank Plc
|
|
25/06/1992
|
|
05/05/1987
|
Mortgage Debenture
|
403A
|
National Westminster Bank Plc
|
|
25/06/1992
|
|
11/04/1991
|
Legal Charge
|
403A
|
Barclays Bank Plc
|
|
09/02/1994
|
|
25/06/1992
|
Debenture
|
403A
|
Credit Lyonnais
|
|
It should be noted that there is no legal requirement to file satisfaction
details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
27/02/2013
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
18/05/2012
|
Companies House Gazette
|
All documents required to be delivered to the registrar under
section 441 (annual accounts and reports)
|
|
26/05/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
16/04/2011
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
|
|
23/11/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
08/04/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
30/03/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
08/02/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
08/11/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
17/01/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
10/01/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
11/12/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
04/08/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
28/03/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
05/12/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
21/10/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
02/10/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
25/01/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
02/06/2001
|
Companies House Gazette
|
Change among directors of a company
|
|
16/04/1998
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
Company Secretary
|
Secretary
|
MR PAUL JOHN THOMAS GILBERT
|
|
Service Address
|
OLDFIELD, ST MARY'S ROAD, BOWDEN, CHESHIRE, WA14 2PJ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
07/06/1962
|
|
Appointment Date
|
01/02/2007
|
|
Other Directorships
|
HPO1 NOMINEES LIMITED, JONMAR LIMITED, MATALAN
LIMITED, MATALAN TRAVEL LIMITED, MATALAN HOLDING COMPANY
LIMITED, MATALAN INVESTMENTS LIMITED, THE GYM
LIMITED, MATALAN FINANCE PLC, MATALAN GROUP LIMITED, LEAP
ADVISORY LTD
|
Directors
|
Director
|
JOHN NICHOLAS MILLS
|
|
Service Address
|
8 WELBECK ROAD ELLESMERE PARK, ECCLES, MANCHESTER, LANCASHIRE, M30
9EH.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
26/04/1955
|
|
Appointment Date
|
02/01/2007
|
|
Other Directorships
|
HPO1 NOMINEES LIMITED, JONMAR LIMITED, MATALAN
LIMITED, CENTRE PARK WARRINGTON (MANAGEMENT) LIMITED, WOLSEY
LIMITED, MATALAN TRAVEL LIMITED, JULIEN MACDONALD
LIMITED, MATALAN HOLDING COMPANY LIMITED, MATALAN INVESTMENTS
LIMITED, MARO DEVELOPMENTS LIMITED, MARO INVESTMENTS
LIMITED, MANCHESTER PROPERTY & DEVELOPMENT (NO.2) LIMITED, CENTRAL
PLACE MANAGEMENT (WILMSLOW) LIMITED, 188 LORD STREET MANAGEMENT
COMPANY LIMITED, STEAM MILL DEPOSITORY MANAGEMENT COMPANY
LIMITED, HEATH GATE (HALE) MANAGEMENT LIMITED, STEPTRONIC
FOOTWEAR LIMITED, MATALAN FINANCE PLC, MATALAN GROUP
LIMITED, OLLERTON DEVELOPMENTS LIMITED, HPO NOMINEES LIMITED, JAYMAX
LIMITED, WOLSEY ACQUISITIONS UK LIMITED, ESEGE
LIMITED, TORCH ACADEMY GATEWAY TRUST, FENN, WRIGHT AND MANSON
LIMITED, BROOMCO (4258) LIMITED, GUILD ACQUISITION LIMITED
|
|
Director
|
MR PAUL JOHN THOMAS GILBERT
|
|
Service Address
|
OLDFIELD, ST MARY'S ROAD, BOWDEN, CHESHIRE, WA14 2PJ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
07/06/1962
|
|
Appointment Date
|
01/02/2007
|
|
Other Directorships
|
HPO1 NOMINEES LIMITED, JONMAR LIMITED, MATALAN
LIMITED, MATALAN TRAVEL LIMITED, MATALAN HOLDING COMPANY
LIMITED, MATALAN INVESTMENTS LIMITED, THE GYM
LIMITED, MATALAN FINANCE PLC, MATALAN GROUP LIMITED, LEAP
ADVISORY LTD
|
|
Director
|
MR DARREN ANTHONY BLACKHURST
|
|
Service Address
|
GILLIBRANDS ROAD, SKELMERSDALE, WEST LANCASHIRE, WN8 9TB.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
10/07/1966
|
|
Appointment Date
|
26/05/2011
|
|
Other Directorships
|
HPO1 NOMINEES LIMITED, JONMAR LIMITED, MATALAN
LIMITED, MATALAN TRAVEL LIMITED, MATALAN HOLDING COMPANY
LIMITED, MATALAN INVESTMENTS LIMITED, MATALAN FINANCE
PLC, MATALAN GROUP LIMITED, GUILD ACQUISITION LIMITED
|
|
Director
|
MR ALLAN LESLIE LEIGHTON
|
|
Service Address
|
GILLIBRANDS ROAD, SKELMERSDALE, WEST LANCASHIRE, WN8 9TB.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
12/04/1953
|
|
Appointment Date
|
05/02/2013
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
1,000
|
|
Principal Shareholder
|
1,000 Matalan Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
MATALAN LIMITED
|
|
Ultimate Parent
|
MISSOURI TOPCO LTD, a company incorporated in GUERNSEY
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
25/02/2012
|
26/02/2011
|
27/02/2010
|
28/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
1117500
|
1096500
|
1104100
|
1020000
|
|
Cost of goods sold
|
990000
|
910200
|
894300
|
853400
|
|
GROSS PROFIT
|
127500
|
186300
|
209800
|
166600
|
|
Wages and Salaries
|
131300
|
128300
|
130700
|
118700
|
|
Directors Emoluments
|
2800
|
6600
|
4300
|
4300
|
|
Auditors Fees
|
100
|
100
|
100
|
100
|
|
Non-Audit Fees
|
200
|
400
|
200
|
300
|
|
Trading Profit
|
78700
|
138500
|
154300
|
118100
|
|
Depreciation
|
21400
|
24200
|
24900
|
27000
|
|
OPERATING PROFIT
|
57300
|
114300
|
129400
|
91100
|
|
Non Trading Income
|
600
|
1500
|
400
|
1300
|
|
Interest Payable
|
48000
|
43000
|
26600
|
38600
|
|
PRE TAX PROFIT
|
9900
|
72800
|
103200
|
53800
|
|
Taxation
|
(1400)
|
20800
|
35800
|
17600
|
|
PROFIT AFTER TAX
|
11300
|
52000
|
67400
|
36200
|
|
Dividends Payable
|
|
60000
|
400
|
|
|
RETAINED PROFITS
|
11300
|
(8000)
|
67000
|
36200
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
25/02/2012
|
26/02/2011
|
27/02/2010
|
28/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
177800
|
186700
|
187000
|
203400
|
|
Tangible Assets
|
157800
|
164300
|
166600
|
185300
|
|
Fixed Assets
|
156700
|
160300
|
162300
|
168300
|
|
Intermediate assets
|
1100
|
4000
|
4300
|
17000
|
|
Intangible Assets
|
20000
|
22400
|
20400
|
18100
|
|
TOTAL CURRENT ASSETS
|
433800
|
419700
|
400900
|
349900
|
|
Trade debtors
|
4300
|
|
|
|
|
Stocks
|
131800
|
120000
|
105500
|
106400
|
|
Other Current Assets
|
297700
|
299700
|
295400
|
243500
|
|
Misc Current Assets
|
17700
|
18400
|
33400
|
85100
|
|
Due From Group
|
184000
|
198300
|
164300
|
103400
|
|
Cash
|
96000
|
83000
|
97700
|
55000
|
|
TOTAL ASSETS
|
611600
|
606400
|
587900
|
553300
|
|
TOTAL CURRENT LIABILITIES
|
288600
|
308800
|
248600
|
232400
|
|
Trade creditors
|
80300
|
80600
|
71500
|
79700
|
|
Short Term Loans
|
144500
|
155600
|
84100
|
83400
|
|
Other Finance
|
1200
|
12300
|
400
|
|
|
Due To Group
|
143300
|
143300
|
83700
|
83400
|
|
Other Liabilities
|
63800
|
72600
|
93000
|
69300
|
|
WORKING CAPITAL
|
145200
|
110900
|
152300
|
117500
|
|
TOTAL LONG TERM LIABS
|
59600
|
59000
|
63200
|
75100
|
|
Long Term Loans
|
|
2500
|
|
|
|
Other Finance
|
|
2500
|
|
|
|
Other Liabilities
|
59600
|
56500
|
63200
|
75100
|
|
NET ASSETS/(LIABILITIES)
|
263400
|
238600
|
276100
|
245800
|
|
SHARE CAPITAL + RESERVES
|
263400
|
238600
|
276100
|
245800
|
|
Share Cap + Sundry Res
|
1600
|
(9600)
|
13200
|
53700
|
|
Sundry Reserves
|
1600
|
(9600)
|
13200
|
53700
|
|
Profit and Loss account
|
261800
|
248200
|
262900
|
192100
|
|
SHAREHOLDERS FUNDS
|
263400
|
238600
|
276100
|
245800
|
|
CAPITAL EMPLOYED
|
323000
|
297600
|
339300
|
320900
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
25/02/2012
|
26/02/2011
|
27/02/2010
|
28/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
80000
|
79400
|
117300
|
77400
|
|
Increase in Cash
|
13000
|
(14700)
|
42700
|
(11100)
|
|
Directors Remuneration
|
2800
|
6600
|
4300
|
4300
|
|
Auditors Remuneration
|
100
|
100
|
100
|
100
|
|
Liquid Assets
|
100300
|
83000
|
97700
|
55000
|
|
Net Working Capital
|
145200
|
110900
|
152300
|
117500
|
|
Long Term Debt(>12 Months)
|
|
2500
|
|
|
|
Other Deferred Liabs
|
59600
|
56500
|
63200
|
75100
|
|
Tangible Net Worth(T.N.W)
|
243400
|
216200
|
255700
|
227700
|
|
Equity
|
263400
|
238600
|
276100
|
245800
|
|
Number of Years Trading
|
25
|
24
|
23
|
22
|
|
Number of Employees
|
15858
|
16144
|
16627
|
15041
|
|
Profit per Employee
|
624.3
|
4509.4
|
6206.8
|
3576.9
|
|
Sales per Employee
|
70469.2
|
67920
|
66404
|
67814.6
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
25/02/2012
|
26/02/2011
|
27/02/2010
|
28/02/2009
|
|
Current Ratio
|
1.5
|
1.4
|
1.6
|
1.5
|
|
Pre Tax Profit Margin%
|
0.9
|
6.6
|
9.3
|
5.3
|
|
Gross Profit%
|
11.4
|
17
|
19
|
16.3
|
|
Debtors Days (D.S.O)
|
1
|
|
|
|
|
Creditors Days (D.P.O)
|
26
|
27
|
24
|
29
|
|
Quick Ratio
|
1
|
1
|
1.2
|
1
|
|
W.I.P/Inventory Days
|
48.6
|
48.1
|
43.1
|
45.5
|
|
Return on Investment%
|
12.4
|
25.6
|
30.7
|
22.9
|
|
Return on Assets%
|
1.6
|
12
|
17.6
|
9.7
|
|
T.N.W/Total Assets%
|
39.8
|
35.7
|
43.5
|
41.2
|
|
Return on Capital%
|
3.1
|
24.5
|
30.4
|
16.8
|
|
Rtn on Shareholders Funds%
|
3.8
|
30.5
|
37.4
|
21.9
|
|
Working Capital/Sales%
|
13
|
10.1
|
13.8
|
11.5
|
|
Borrowing Ratio%
|
59.4
|
73.1
|
32.9
|
36.6
|
|
Equity Gearing%
|
75.6
|
64.9
|
88.6
|
79.9
|
|
Stock Turnover
|
8.5
|
9.1
|
10.5
|
9.6
|
|
Days Purchases Outstanding
|
29.6
|
32.3
|
29.2
|
34.1
|
|
Sales/Fixed Assets
|
7.1
|
6.8
|
6.8
|
6.1
|
|
Debt Gearing
|
|
1.2
|
|
|
Key Industry Sector Trends
|
Year
|
2013
|
2012
|
2011
|
2010
|
|
Sample Size
|
215
|
26262
|
38437
|
37439
|
|
Pre-Tax Profit Margin
|
3.3
|
2.3
|
1.8
|
1.6
|
|
Current Ratio
|
1.8
|
1.3
|
1.3
|
1.3
|
|
Borrowing Ratio
|
(64.5)
|
31.9
|
33.7
|
25.8
|
|
Return on Capital
|
(24.9)
|
33.6
|
34.1
|
38.7
|
|
Creditors Days
|
46
|
86
|
106
|
109
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Other retail sale of new goods in
specialised stores
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the accounts for the period ended
25/02/2012.
|
|
Turnover
|
|
The subjects turnover has increased by 2
% in the year.
|
|
Operating Profit
|
|
Totalled GBP 57,300,000. In the year prior
a Profit of GBP 114,300,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit decreased by 86 %
over the previous year.
|
|
Working Capital
|
|
The company's working capital has
increased by 31 % in the period.
|
|
Net Worth
|
|
Net worth has increased by 10 % and now
stands at GBP 263,400,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 8,900,000 to GBP 177,800,000 and are now 29 % of
total assets compared with 30 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
increased during the period by 1% and are now 23 % of net worth compared
with 25 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 10 % of total
liabilities compared with 10 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 18 % of
capital employed, a decrease of 2 % over the previous period.
|
|