MIRA INFORM REPORT

Report Date :

13.11.2013

IDENTIFICATION DETAILS

Name :	PRIMARK STORES LTD.
Registered Office :	Primark House 41 West Street Reading, RG1 1TT
Country :	United Kingdom
Financials (as on) :	15.09.2012
Date of Incorporation :	30.04.1948
Com. Reg. No.:	00453448
Legal Form :	Private Subsidiary
Line of Business :	· Owns and operates several clothing stores in the United Kingdom. · Operation of department stores
No. of Employees :	27,065

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
Payment Behaviour :	Slow but Correct
Litigation :	Clear

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March, 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
United Kingdom	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

UNITED KINGDOM - ECONOMIC OVERVIEW

The UK, a leading trading power and financial center, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of up to £375 billion (approximately $605 billion) as of December 2012. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy. GDP fell 0.1%, and the budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to increase.

Source : CIA

Company name and address

PRIMARK STORES LTD.

Primark House

41 West Street

Reading, RG1 1TT

United Kingdom

(Trading Address)

Tel:	0118 960 6300
Fax:	01189606301
www.primark.co.uk

Employees:	27,065
Company Type:	Private Subsidiary
Corporate Family:	321 Companies
Ultimate Parent:	Wittington Investments Ltd
Quoted Status:	Non-quoted Company
Incorporation Date:	30-Apr-1948
Auditor:	KPMG

Financials in:	USD (In Millions)
Fiscal Year End:	15-Sep-2012
Reporting Currency:	British Pound Sterling
Annual Sales:	3,616.2 ^1
Net Income:	13.8
Total Assets:	2,537.6

Business Description

Established in 1969, Primark Stores Ltd. owns and operates several clothing stores in the United Kingdom. Its stores offer casual and corporate wear for men and women. It provides a range of shirts, trousers, jackets, T-shirts and jeans. Its stores also stock a variety of dresses, blouses, skirts and pleated pants for women. Its range of products is available in different colours, sizes, styles and fabrics. It also sells accessories, such as belts, ties, scarves and goggles. The company markets its products under various brands.

Industry

Industry	Clothing and Apparel Stores
ANZSIC 2006:	4251 - Clothing Retailing
ISIC Rev 4:	4771 - Retail sale of clothing, footwear and leather articles in specialized stores
NACE Rev 2:	4771 - Retail sale of clothing in specialised stores
NAICS 2012:	448120 - Women's Clothing Stores
UK SIC 2007:	4771 - Retail sale of clothing in specialised stores
US SIC 1987:	5651 - Family Clothing Stores

Key Executives

Name	Title
Paul Marchant	Chief Executive Officer
John George Bason	Finance Director, Director
Bernard John Michael Mansfield	Sales Director, Director
Rosalyn Sharon Schofield	Secretary
James Owen	IT Manager

News

Title	Date
Primark and Next about to open new Crawley stores in County Mall Crawley News (689 Words)	13-Nov-2013
MAPIC: Primark opens largest Portuguese store PropertyEU (76 Words)	12-Nov-2013
Sugar ethics hard to stomach Taranaki Daily News (695 Words)	12-Nov-2013
Poor yields bring fall in firms sugar profits Bury Free Press (99 Words)	12-Nov-2013
The Bitterness of Sugar Project Syndicate (870 Words)	11-Nov-2013
Talkback: Primark says sorry to breastfeeding mum Made For Mums (373 Words)	11-Nov-2013

Financial Summary

FYE: 15-Sep-2012

USD (mil)

Key Figures
Current Assets	592.03
Fixed Assets	1,945.54
Total Liabilities	2,160.71
Net Worth	303.30

Key Ratios
Current Ratio	0.27
Acid Test	0.03
Debt Gearing	7.04

Registered No.(UK): 00453448

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6354606
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6205668

Corporate Overview

Location
Primark House
41 West Street
Reading, RG1 1TT
Berkshire County
United Kingdom

Tel:	0118 960 6300
Fax:	01189606301

www.primark.co.uk

Sales GBP(mil):	2,297.9
Assets GBP(mil):	1,574.7
Employees:	27,065
Fiscal Year End:	15-Sep-2012

Industry:

Retail (Apparel)

Registered Address:
Weston Centre
10 Grosvenor Street
London, W1K 4QY
United Kingdom

Incorporation Date:	30-Apr-1948
Company Type:	Private Subsidiary
Quoted Status:	Not Quoted
Registered No.(UK):	00453448

Chief Executive Officer:	Paul Marchant

Industry Codes

ANZSIC 2006 Codes:
4251	-	Clothing Retailing

ISIC Rev 4 Codes:
4771	-	Retail sale of clothing, footwear and leather articles in specialized stores

NACE Rev 2 Codes:
4771	-	Retail sale of clothing in specialised stores

NAICS 2012 Codes:
448120	-	Women's Clothing Stores

US SIC 1987:
5651	-	Family Clothing Stores

UK SIC 2007:
4771	-	Retail sale of clothing in specialised stores

Business Description

Established in 1969, Primark Stores Ltd. owns and operates several clothing stores in the United Kingdom. Its stores offer casual and corporate wear for men and women. It provides a range of shirts, trousers, jackets, T-shirts and jeans. Its stores also stock a variety of dresses, blouses, skirts and pleated pants for women. Its range of products is available in different colours, sizes, styles and fabrics. It also sells accessories, such as belts, ties, scarves and goggles. The company markets its products under various brands.

More Business Descriptions

Primark Stores Ltd. is a retail group in the value sector. The company operates nearly 130 stores in both the United Kingdom and Ireland. In Ireland, it trades under the Penneys brand. Primark Stores was first established in 1969 as Penneys in Mary Street, Dublin. The company targets young, fashion-conscious people under 35 years old. It offers high quality, fashion basics at value for money prices. Buying and merchandising teams in London and Dublin, Ireland, travel internationally to source and buy up-to-the-minute fashion basics that best reflect each season’s key fashion trends. Primark Stores is a subsidiary of Associated British Foods PLC, a publicly quoted company primarily involved in food production. Renowned companies and brands within in the group include British Sugar, George Weston Foods, Twinings Tea, Ryvita, Ovaltine, Mazola and Kingsmill. Primark Stores maintains its headquarters in Reading, Berkshire. (Updated by OneSource Information Services)

Operation of department stores

Clothing Retailer

Representative Office

Brand/Trade Names

Penneys Primark

Financial Data

Financials in:	GBP(mil)
Revenue:	2,297.9
Net Income:	8.8
Assets:	1,574.7
Current Assets:	367.4
Fixed Assets:	1,207.3
Long Term Debt:	13.2
Total Liabilities:	1,354.1
Issued Capital:	50.0
Working Capital:	-973.5
Net Worth:	188.2
Date of Financial Data:	15-Sep-2012

1 Year Growth

9.6%

NA

NA

Key Corporate Relationships

Auditor:	KPMG
Bank:	First Trust Bank
Auditor:	KPMG, KPMG
Auditor History
KPMG	15-Sep-2012
KPMG	17-Sep-2011
KPMG	18-Sep-2010
KPMG	12-Sep-2009
KPMG	13-Sep-2008

	GBP(mil)
Audit Fees:	0.1
Audit Fiscal Year:	09-15-2012

Corporate Family

Corporate Structure News:

Total Corporate Family Members: 321
Excluded Small Branches and/or Trading Addresses: 1 (Available via export)

Company Name	Company Type	Location	Country	Industry	Sales (USD mil)	Employees
Wittington Investments Ltd	Parent	London	United Kingdom	Department Stores	15,999.1	107,046
Associated British Foods plc	Subsidiary	London	United Kingdom	Food Manufacturing	19,280.5	106,243
Primark Stores Ltd.	Subsidiary	Reading	United Kingdom	Clothing and Apparel Stores	3,616.2	27,065
Primark	UK Branch/Trading address	Dartford	United Kingdom	Clothing and Apparel Stores	3,616.2	300
Primark	UK Branch/Trading address	Newcastle Upon Tyne	United Kingdom	Clothing and Apparel Stores	3,616.2	300
Primark	UK Branch/Trading address	Gloucester	United Kingdom	Clothing and Apparel Stores	3,616.2	250
Primark	UK Branch/Trading address	Birkenhead	United Kingdom	Clothing and Apparel Stores	3,616.2	250
Primark	UK Branch/Trading address	Wakefield	United Kingdom	Clothing and Apparel Stores	3,616.2	200
Primark	UK Branch/Trading address	Bolton	United Kingdom	Clothing and Apparel Stores	3,616.2	200
Primark	UK Branch/Trading address	Northampton	United Kingdom	Clothing and Apparel Stores	3,616.2	196
Primark	UK Branch/Trading address	Norwich	United Kingdom	Clothing and Apparel Stores	3,616.2	185
Primark	UK Branch/Trading address	Wallasey	United Kingdom	Clothing and Apparel Stores	3,616.2	150
Primark	UK Branch/Trading address	Bristol	United Kingdom	Clothing and Apparel Stores	3,616.2	125
Primark	UK Branch/Trading address	Glasgow	United Kingdom	Clothing and Apparel Stores	3,616.2	121
Primark Stores Ltd.	UK Branch/Trading address	Londonderry	United Kingdom	Clothing and Apparel Stores	3,616.2	120
Primark	UK Branch/Trading address	Belfast	United Kingdom	Clothing and Apparel Stores	3,616.2	116
Primark	UK Branch/Trading address	Birmingham	United Kingdom	Clothing and Apparel Stores	3,616.2	110
Primark	UK Branch/Trading address	Gravesend	United Kingdom	Clothing and Apparel Stores	3,616.2	103
Primark Stores Ltd.	UK Branch/Trading address	London	United Kingdom	Clothing and Apparel Stores	3,616.2	100
Primark	UK Branch/Trading address	Hereford	United Kingdom	Clothing and Apparel Stores	3,616.2	100
Primark	UK Branch/Trading address	London	United Kingdom	Clothing and Apparel Stores	3,616.2	100
Primark	UK Branch/Trading address	Stevenage	United Kingdom	Clothing and Apparel Stores	3,616.2	100
Primark	UK Branch/Trading address	Stirling	United Kingdom	Clothing and Apparel Stores	3,616.2	91
Primark	UK Branch/Trading address	London	United Kingdom	Clothing and Apparel Stores	3,616.2	90
Primark	UK Branch/Trading address	Chatham	United Kingdom	Clothing and Apparel Stores	3,616.2	90
Primark	UK Branch/Trading address	Barnstaple	United Kingdom	Clothing and Apparel Stores	3,616.2	89
Primark	UK Branch/Trading address	Wrexham	United Kingdom	Clothing and Apparel Stores	3,616.2	83
Primark	UK Branch/Trading address	Taunton	United Kingdom	Clothing and Apparel Stores	3,616.2	80
Primark Ltd.	UK Branch/Trading address	Woking	United Kingdom	Clothing and Apparel Stores	3,616.2	80
Primark Stores Ltd.	UK Branch/Trading address	Newry	United Kingdom	Clothing and Apparel Stores	3,616.2	80
Primark	UK Branch/Trading address	Bexleyheath	United Kingdom	Clothing and Apparel Stores	3,616.2	80
Primark	UK Branch/Trading address	Wigan	United Kingdom	Clothing and Apparel Stores	3,616.2	74
Primark	UK Branch/Trading address	Hemel Hempstead	United Kingdom	Clothing and Apparel Stores	3,616.2	71
Primark Stores Ltd.	UK Branch/Trading address	Ballymena	United Kingdom	Clothing and Apparel Stores	3,616.2	70
Primark	UK Branch/Trading address	London	United Kingdom	Clothing and Apparel Stores	3,616.2	63
Primark	UK Branch/Trading address	Clydebank	United Kingdom	Clothing and Apparel Stores	3,616.2	63
Primark Stores Ltd.	UK Branch/Trading address	Wembley	United Kingdom	Clothing and Apparel Stores	3,616.2	63
Primark	UK Branch/Trading address	Grimsby	United Kingdom	Clothing and Apparel Stores	3,616.2	63
Primark	UK Branch/Trading address	Telford	United Kingdom	Clothing and Apparel Stores	3,616.2	60
Primark Stores Ltd.	UK Branch/Trading address	Lisburn	United Kingdom	Clothing and Apparel Stores	3,616.2	60
Primark	UK Branch/Trading address	Bournemouth	United Kingdom	Clothing and Apparel Stores	3,616.2	55
Primark	UK Branch/Trading address	Hounslow	United Kingdom	Clothing and Apparel Stores	3,616.2	52
Primark	UK Branch/Trading address	Ipswich	United Kingdom	Clothing and Apparel Stores	3,616.2	50
Primark	UK Branch/Trading address	Hartlepool	United Kingdom	Clothing and Apparel Stores	3,616.2	50
Primark	UK Branch/Trading address	Middlesbrough	United Kingdom	Clothing and Apparel Stores	3,616.2	49
Primark	UK Branch/Trading address	Hamilton	United Kingdom	Clothing and Apparel Stores	3,616.2	45
Primark	UK Branch/Trading address	Crawley	United Kingdom	Clothing and Apparel Stores	3,616.2	40
Primark	UK Branch/Trading address	Romford	United Kingdom	Clothing and Apparel Stores	3,616.2	40
Primark	UK Branch/Trading address	Basildon	United Kingdom	Clothing and Apparel Stores	3,616.2	35
Primark	UK Branch/Trading address	Newport	United Kingdom	Clothing and Apparel Stores	3,616.2	1
Primark	UK Branch/Trading address	Newtownards	United Kingdom	Clothing and Apparel Stores	3,616.2
Primark	UK Branch/Trading address	Glasgow	United Kingdom	Clothing and Apparel Stores	3,616.2
Primark	UK Branch/Trading address	Huddersfield	United Kingdom	Clothing and Apparel Stores	3,616.2
Primark	UK Branch/Trading address	Woking	United Kingdom	Clothing and Apparel Stores	3,616.2
Primark	UK Branch/Trading address	London	United Kingdom	Clothing and Apparel Stores	3,616.2
High Road Ilford Ltd.	Subsidiary	London	United Kingdom		0.0
Friar Street Developments Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wallcable Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Primark Pension Administration Services Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Illovo Sugar Limited	Subsidiary	Mount Edgecombe	South Africa	Food Manufacturing	1,309.3	12,645
Illovo Sugar (Malawi) Limited	Subsidiary	Limbe	Malawi	Food Manufacturing	227.9	8,605
Ubombo Sugar Limited	Subsidiary	Big Bend	Swaziland	Food Manufacturing		3,000
Zambia Sugar plc	Subsidiary	Mazabuka	Zambia	Food Manufacturing		2,536
Orca Energy Ltd	Subsidiary	Perth, WA	Australia	Petroleum and Natural Gas Extraction	0.1	4
Illovo Distributors (Pty) Ltd	Subsidiary	Phoenix	South Africa	Travel and Reservation Services	428.9
Illovo Sugar (South Africa) Ltd	Subsidiary	Phoenix	South Africa	Food Manufacturing	0.8
Kilombero Sugar Company Ltd	Subsidiary	Kidatu	Tanzania	Food Manufacturing
Maragra Acucar SARL	Subsidiary	Maputo	Mozambique	Food Manufacturing
ABNA (Shanghai) Feed Co Ltd	Subsidiary	Shanghai	China	Food Manufacturing		10,000
George Weston Foods Limited	Subsidiary	North Ryde, NSW	Australia	Food Manufacturing	2,301.4	8,000
Weston Milling New Zealand	Subsidiary	Auckland	New Zealand	Food Manufacturing	28.3	200
Primark Holdings Ltd	Subsidiary	Dublin	Ireland	Clothing and Apparel Stores	4,625.8	3,000
British Sugar Plc	Subsidiary		Ireland	Food Manufacturing	1,653.1	2,243
George Weston Foods (NZ)	Subsidiary	Penrose	New Zealand	Food Manufacturing	242.8	1,000
Ab Azucarera Iberia Sl	Subsidiary	Madrid	Spain	Food Manufacturing	861.1	910
Tone Brothers, Inc.	Subsidiary	Ankeny, IA	United States	Food Manufacturing		650
ACH Food Co	Subsidiary	Ankeny, IA	United States	Food Manufacturing	57.5	500
Twining & Co. Ltd.	Subsidiary	Andover	United Kingdom	Holding Companies		500
Primark Deutschland GmbH	Subsidiary	Essen, Nordrhein-Westfalen	Germany	Clothing and Apparel Stores		396
Wander AG	Subsidiary	Neuenegg	Switzerland	Food Manufacturing		300
ACH Food Companies, Inc.	Subsidiary	Cordova, TN	United States	Food Manufacturing		250
Ach Foods México, S. De R.L. De C.V.	Subsidiary	Ciudad De Mexico, Distrito Federal	Mexico	Grocery Wholesale		170
ACH Food Co	Branch	Oakbrook Terrace, IL	United States	Food Manufacturing	9.7	24
ACH Food Co	Branch	Summit Argo, IL	United States	Food Manufacturing	3.6	9
Speedibake	Subsidiary	Ermington , NSW	Australia	Food Manufacturing	15.5	118
AB Mauri Australia Ltd.	Subsidiary	Camellia, NSW	Australia	Food Manufacturing	77.6	110
Mauri Yeast Australia Pty. Ltd.	Facility	Camellia, NSW	Australia	Food Manufacturing		50
Ab Mauri South West Asia Pty Limited	Subsidiary
Ab Mauri Food S.A	Subsidiary	Cordoba	Spain	Food Manufacturing	33.9	84
SPI Pharma, Inc.	Subsidiary	Wilmington, DE	United States	Basic Chemical Manufacturing	30.7	80
Westmill Foods Ltd.	Subsidiary	Manchester	United Kingdom	Miscellaneous Professional Services		75
Westmill Foods	UK Branch/Trading address	Selby	United Kingdom	Food Manufacturing		50
SPI Pharma Group	Subsidiary	Lewes, DE	United States	Basic Chemical Manufacturing	37.7	60
Spi Pharma	Subsidiary	Septemes Les Vallons	France	Basic Chemical Manufacturing	26.9	54
Allied Mills Ltd.	Subsidiary	Tilbury	United Kingdom	Miscellaneous Professional Services		60
Allied Mills	UK Branch/Trading address	Knottingley	United Kingdom	Food Manufacturing		34
Kingsgate Food Ingredients Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
James Neill Ltd.	Subsidiary	Belfast	United Kingdom	Miscellaneous Professional Services
AB Food & Beverages Australia Pty Ltd.	Subsidiary	Rowville, VIC	Australia	Food Manufacturing		52
Twinings North America Inc	Subsidiary	Clifton, NJ	United States	Food Manufacturing	5.6	20
Abf Ingredients Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	4.2	18
St. James's Street Property Management Ltd.	Subsidiary	London	United Kingdom	Property Managers	5.1	17
Ab Enzymes Oy	Subsidiary	Rajamaki	Finland	Basic Chemical Manufacturing	2.5	14
Twinings	Subsidiary	Greensboro, NC	United States	Grocery Wholesale	13.3	9
Ab Mauri Belgium	Subsidiary	Merelbeke	Belgium	Grocery Wholesale	5.5	5
Associated British Foods Plc	UK Branch/Trading address	London	United Kingdom	Food Manufacturing	19,280.5
Ab Mauri Technology & Development Pty Limited	Subsidiary	North Ryde, NSW	Australia	Food Manufacturing	2,107.0
Abf Investments PLC	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Primark Stores Ltd.	Subsidiary	Belfast	United Kingdom		715.7	6,745
British Sugar PLC	Subsidiary	Peterborough	United Kingdom	Food Manufacturing	1,653.1	2,243
The Billington Food Group Ltd.	Subsidiary	Peterborough	United Kingdom	Grocery Wholesale		350
The Billington Food Group Ltd.	UK Branch/Trading address	Ipswich	United Kingdom	Crop and Animal Production		175
British Sugar Plc	UK Branch/Trading address	Norwich	United Kingdom	Food Manufacturing	1,653.1	133
Wereham Gravel Co. Ltd.(The)	Subsidiary	London	United Kingdom	Non-Metallic Minerals Mining	11.1
Ab Sugar Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Food Investments Ltd.	Subsidiary	Tilbury	United Kingdom	Food Manufacturing	318.8	282
Germains Seed Technology Sp Z O O	Subsidiary	Poznan	Poland	Machinery and Equipment Manufacturing	0.4	4
Allinson Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Davjon Food Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing
Seedcote Systems Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Manufacturing
Abf European Holdings Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Fishers Seeds & Grain Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Fishers Feeds Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Allied Grain (South) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Allied Grain Ltd.	UK Branch/Trading address	Diss	United Kingdom	Miscellaneous Wholesale		75
Allied Grain (Southern) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
John K.King & Sons Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Allied Grain (Scotland) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Allied Grain Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Allied Bakeries Ltd.	Subsidiary	Maidenhead	United Kingdom	Miscellaneous Professional Services		150
Allied Bakeries	UK Branch/Trading address	Gateshead	United Kingdom	Food Manufacturing		750
Allied Bakeries Norwich	UK Branch/Trading address	Norwich	United Kingdom	Trucking		160
Allied Bakeries Ltd.	UK Branch/Trading address	Dundee	United Kingdom	Food Manufacturing		50
Allied Bakeries Ltd.	UK Branch/Trading address	Launceston	United Kingdom	Food Manufacturing		45
Allied Bakeries Ireland Ltd.	UK Branch/Trading address	Dungannon	United Kingdom	Trucking		28
A.B.F.Holdings Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services		75
Ab Agri Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing	1,558.3	1,006
Premier Nutrition Products Ltd.	Subsidiary	Rugeley	United Kingdom	Food Manufacturing		175
Banbury Agriculture Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Wholesale
Abna Ltd.	Subsidiary	Walsingham	United Kingdom	Miscellaneous Professional Services		60
A B N Ltd.	UK Branch/Trading address	Cupar	United Kingdom	Food Manufacturing	1,558.3	25
Leaftc Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	0.9	4
Abn (Scotland) Ltd.	Subsidiary	Glasgow	United Kingdom	Food Manufacturing
Nutrition Trading (International) Ltd.	Subsidiary	London	United Kingdom	Grocery Wholesale
Nutrition Trading Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Agrilines Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Personal Services
Abn (Overseas) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Twining Crosfield & Co Ltd.	Subsidiary	Andover	United Kingdom	Miscellaneous Professional Services		750
R.Twining And Co. Ltd.	Subsidiary	Andover	United Kingdom	Grocery Wholesale	417.4	514
Twinings North America, Inc.	Subsidiary	Clifton, NJ	United States	Food Manufacturing	0.9	25
R Twining & Co Ltd.	UK Branch/Trading address	London	United Kingdom	Grocery Wholesale	417.4	15
Foods International Sas	Subsidiary	Cergy	France	Banking	127.9	95
Jacksons Of Piccadilly Ltd.	Subsidiary	London	United Kingdom	Grocery Wholesale
Cereform Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing	119.5	182
Cereform Ltd.	UK Branch/Trading address	Royston	United Kingdom	Food Manufacturing	119.5	17
Pride Oils PLC	Subsidiary	London	United Kingdom	Grocery Wholesale		75
Germain's(U.K.)Ltd.	Subsidiary	King's Lynn	United Kingdom	Crop and Animal Production		75
British Sugar (Overseas) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services		41
Bso (China) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services		4
Bocheng Beifang Sugar Industry Co., Ltd.	Subsidiary	Nehe, Heilongjiang	China	Food Manufacturing	65.4	743
Primary Diets Ltd.	Subsidiary	Ripon	United Kingdom	Food Manufacturing		25
Nutrition Services (International) Ltd.	Subsidiary	Antrim	United Kingdom	Miscellaneous Personal Services	0.1	2
Sunblest Bakeries Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Grain Products Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing	1,058.2	4,925
Allied Bakeries	UK Branch/Trading address	Inverness	United Kingdom	Food Manufacturing	1,058.2	1,000
Allied Bakeries Ltd.	UK Branch/Trading address	Orpington	United Kingdom	Food Manufacturing	1,058.2	400
Allied Bakeries Ltd.	UK Branch/Trading address	Newcastle	United Kingdom	Food Manufacturing	1,058.2	220
Allied Bakeries Ltd.	UK Branch/Trading address	Stevenage	United Kingdom	Miscellaneous Manufacturing	1,058.2	220
Allied Bakeries Ltd.	UK Branch/Trading address	Bootle	United Kingdom	Miscellaneous Manufacturing	1,058.2	86
Allied Technical Centre Ltd.	Subsidiary	London	United Kingdom	Research and Development Services
Weston Research Laboratories Limited	UK Branch/Trading address	London	United Kingdom	Research and Development Services
B.E. International Foods Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
A.B.F. Properties Ltd.	Subsidiary	London	United Kingdom	Residential and Commercial Building Construction
Provincial Merchants Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Atrium 100 Stores Holdings Ltd.	Subsidiary	London	United Kingdom	Clothing and Apparel Stores
Atrium 100 Stores Ltd.	Subsidiary	London	United Kingdom
Atrium 100 Properties Ltd.	Subsidiary	London	United Kingdom	Investment Services
Jordan Bros.(N.I.) Ltd.	Subsidiary	Antrim	United Kingdom	Miscellaneous Professional Services
Ab World Foods (Holdings) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
G. Costa (Holdings) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
G.Costa And Co. Ltd.	Subsidiary	London	United Kingdom	Grocery Wholesale	0.0	175
Keddie Saucemasters Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing		175
Zest Foods Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing
Elsenham Quality Foods Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing
Patak's Foods 2008 Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
The Zest Sauce Co. Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing
Worldwing Investments Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	0.0
Ab World Foods Ltd.	Subsidiary	Leigh	United Kingdom	Food Manufacturing	225.8	365
Patak's Breads Ltd.	Subsidiary	Glasgow	United Kingdom	Food Manufacturing	4.9	66
Patak's Frozen Foods Ltd.	Subsidiary	Glasgow	United Kingdom		0.0
Freezer Chef Ltd.	Subsidiary	Glasgow	United Kingdom	Food Manufacturing
Patak (Spices) Ltd.	Subsidiary	London	United Kingdom	Food Manufacturing
Korway Holdings Ltd.	Subsidiary	Glasgow	United Kingdom	Miscellaneous Professional Services
Patak's Chilled Foods Ltd.	Subsidiary	Glasgow	United Kingdom	Food Manufacturing	0.0
Korway Foods Ltd.	Subsidiary	Glasgow	United Kingdom	Food Manufacturing
The Natural Sweetness Co. Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
The Roadmap Co. Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Patak Food Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Ab Mauri (UK) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services		53
UNIFERM GmbH & Co.	Joint Venture	Werne, Nordrhein-Westfalen	Germany	Food Manufacturing		350
Fleischmann's Yeast	Subsidiary	Chesterfield, MO	United States	Food Manufacturing	2,039.0	200
AB Mauri Fleischmann's	Branch	Memphis, TN	United States	Food Manufacturing	23.7	60
AB Mauri Fleischmann's	Branch	Greenville, TX	United States	Food Manufacturing	24.8	36
AB Mauri Baking Solutions	Branch	Wilsonville, OR	United States	Food Manufacturing	9.4	25
Gb Plange UK Ltd.	Subsidiary	Runcorn	United Kingdom	Grocery Wholesale	16.2	18
Ab Mauri Europe Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
AB Mauri UK Ltd.	Subsidiary	Dublin	Ireland	Food Manufacturing
AB Mauri Brazil	Subsidiary	Sao Paulo	Brazil	Food Manufacturing
Mitra Sugar Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	280.9	4
Abf (No.2) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	0.0
A.B. Exploration Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	2.7
Sun Blest Crumpet Co.Ltd.(The)	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Vitbe Flour Mills Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Cereal Industries Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Ab Ingredients Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Ab Technology Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Japan Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Speedibake Ltd.	Subsidiary	Wakefield	United Kingdom	Miscellaneous Professional Services
Golden Harvest Biscuits Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Primary Nutrition Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
The Silver Spoon Co. Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Weston Research Laboratories Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Trident Feeds Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
The Home Grown Sugar Co. Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Sizzlers Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Sizzles Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Tip Top Bakeries Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Eurostarch Ltd.	Subsidiary	London	United Kingdom	Nonclassifiable Establishments
Primark (U.K.) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Associated British Foods Pension Trustees Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
W C S Holdings (Ni) Ltd.	Subsidiary	Belfast	United Kingdom
Eastbow Securities Ltd.	Subsidiary	London	United Kingdom	Residential and Commercial Building Construction
Weston Foods Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Overseas Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
R Twining And Company Sp Z O O	Subsidiary	Swarzedz	Poland	Grocery Stores	59.6	297
Ab Mauri Foods (Shanghai) Co., Ltd.	Subsidiary	Shanghai, Shanghai	China	Food Manufacturing	19.3	200
Casteggio Lieviti Srl	Subsidiary	Casteggio, PV	Italy	Food Manufacturing	85.0	164
Ab Food & Beverages Philippines Incorporated	Subsidiary	Taguig	Philippines	Grocery Wholesale		5
Vistavet Ltd.	Subsidiary	Antrim	United Kingdom	Miscellaneous Professional Services	0.0	2
Abf (UK) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Primark Mode Ltd.	Subsidiary	London	United Kingdom	Holding Companies
Abf Hk Finance Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Primark Austria Ltd.	Subsidiary	London	United Kingdom	Holding Companies
Abf Mxn Finance Ltd.	Subsidiary	London	United Kingdom	Banking
Primark Stil Ltd.	Subsidiary	London	United Kingdom	Holding Companies
Ab Mauri Row Holdings Pty Limited	Subsidiary
Mauri Fermentation India Pty Limited	Subsidiary	Sydney, NSW	Australia	Holding Companies	1.3
Mauri Fermentation Brazil Pty Limited	Subsidiary
Ab Brasil Industria E Comercio de Alimentos	Subsidiary	Sao Paulo, Sao Paulo	Brazil	Food Manufacturing	228.9	350
Mauri Fermentation Malaysia Pty Ltd	Subsidiary
Ab Mauri Malaysia Sdn. Bhd.	Subsidiary	Balakong, Selangor	Malaysia	Food Manufacturing	21.8	200
Serpentine Securities Ltd.	Subsidiary	London	United Kingdom	Residential and Commercial Building Construction
Abf (No.3) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf (No.1) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Finance Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Weston Biscuit Co. Ltd.(The)	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Grocery Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Park North Investments Ltd.	Subsidiary	London	United Kingdom	Banking
Ab Mauri Netherlands European Holdings B.V.	Subsidiary	Amsterdam Zuidoost, Noord-Holland	Netherlands	Banking
Mauri Maya Sanayi A S	Subsidiary	Balikesir	Turkey	Food Manufacturing		57
Chibnalls Holdings Ltd.	Subsidiary	London	United Kingdom	Banking
Abna Feed Co. Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Funding	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Us Investments Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Us Finance Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Ab Agri Ltd.	Subsidiary	Lisburn	United Kingdom		1,122.9	1,534
Fortnum & Mason PLC	Subsidiary	London	United Kingdom	Grocery Stores	93.8	504
F. & M. Ltd.	Subsidiary	London	United Kingdom	Grocery Stores
Fortnums Ltd.	Subsidiary	London	United Kingdom	Grocery Stores
Food Investments Ltd.	Subsidiary	Belfast	United Kingdom	Architecture and Engineering	390.4	258
Haugen - Gruppen AS	Subsidiary	Vestby, Akershus	Norway		141.5	81
Richmond Hill Hotel (Operations) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	10.5	53
Globe Community Project	Subsidiary	London	United Kingdom	Miscellaneous Educational Services		7
Wittington Investments (Properties) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	10.1
Wittington Investments (Richmond Hill Hotel) Ltd.	Subsidiary	London	United Kingdom	Residential Real Estate Leasing	2.6
Wittington Investments (Bvii) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	0.0
Wittington Investments (Fapi) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services	0.0
W. Jordan & Son (Silo) Ltd.	Subsidiary	London	United Kingdom	Storage and Warehousing
W.Jordan (Cereals) Ltd.	Subsidiary	Biggleswade	United Kingdom	Food Manufacturing		250
Parkstone Bakeries Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
The Jordans & Ryvita Co. Ltd.	Subsidiary	Poole	United Kingdom	Food Manufacturing	218.0	544
Howard Investments Ltd.	Subsidiary	London	United Kingdom	Banking
Wilh (Investments) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Heal's Holdings Ltd.	Subsidiary	London	United Kingdom	Holding Companies	0.0
Heal's PLC	Subsidiary	London	United Kingdom	Holding Companies	39.7	236
Heal & Son Ltd.	Subsidiary	London	United Kingdom	Home Furnishings Retail	39.7	236
Heal's Pension Fund Trustees Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Heal's Finance Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Ambrose Retail Ltd.	Subsidiary	London	United Kingdom	Non-store Retail
Wittington Investments (Bspf) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Fortnum & Mason (Export) Ltd.	Subsidiary	London	United Kingdom	Grocery Stores
Fortnum And Mason (London) Ltd.	Subsidiary	London	United Kingdom	Grocery Stores
Wittington Investment (Sand Aire) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
George Weston Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Coller) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Portelet Investments Ltd.	Subsidiary	Jersey	United Kingdom
Soublier Investments Ltd.	Subsidiary	Jersey	United Kingdom
Beauvallet Investments Ltd.	Subsidiary	Jersey	United Kingdom	Holding Companies
Bonuit Investments Ltd.	Subsidiary	Jersey	United Kingdom	Holding Companies
Wittington Investments (Ppe Iv) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Lux Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Bestport) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Dunedin) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Next Wave) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Abf Victoria Park	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Wpx) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Ocp) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Wheb) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Vo1) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Harbourvest) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Careplaces) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Developments) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Tango Real Estate LLP	Subsidiary	Solihull	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Bviii) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Mountsfield Park Finance Ltd.	Subsidiary	London	United Kingdom	Banking
Wittington Investments (Ppe V) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Reof) Ltd	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (17) Ltd.	Subsidiary	London	United Kingdom	Miscellaneous Professional Services
Wittington Investments (Apollo) Ltd.	Subsidiary	London	United Kingdom
Wittington Investments (Graphite) Ltd.	Subsidiary	London	United Kingdom

Executives Report

Board of Directors

Name	Title	Function
John George Bason	Finance Director, Director	Director/Board Member
Age: 56
Bernard John Michael Mansfield	Sales Director, Director	Director/Board Member
Age: 59
Breege O'Donoghue	Company DIrector	Director/Board Member
Rosalyn Sharon Schofield	Secretary	Director/Board Member
Age: 57

Executives

Name	Title	Function
Paul Marchant	Chief Executive Officer	Chief Executive Officer
Rosalyn Medelson	Company Secretary	Division Head Executive
Jill Brown	General Office Manager	Administration Executive
Rosalyn Sharon Schofield	Secretary	Company Secretary
Age: 57
John George Bason	Finance Director, Director	Finance Executive
Age: 56
Aidan Shield	Finance Director	Finance Executive
Fiona Cottle	Human Resource Manager	Human Resources Executive
Bernard John Michael Mansfield	Sales Director, Director	Sales Executive
Age: 59
James Owen	IT Manager	Engineering/Technical Executive

Directors and Shareholders Report

Main Office Address: Primark House 41 West Street Reading United Kingdom RG1 1TT

Tel: 0118 960 6300 Fax: 01189606301 URL: http://www.primark.co.uk

Annual Return Date: 03 Jul 2013 Total Issued Capital (GBP 000): 50,000

Individual Directors
Name	Status	DOB	Filed Address	Appointment Date	Resignation Date	Summary of Directorships
Bernard John Michael Mansfield	Current	24 Aug 1954	Ash Lodge, 173 Clare Road, Craigavon, County Armagh BT66 7SE	05 Jan 2004	NA	Current:3 Previous:0 Disqualifications:0
John George Bason	Current	24 Apr 1957	15 Strawberry Hill Road, Twickenham, Twickenham, Middlesex TW1 4QB	27 Jul 2000	NA	Current:21 Previous:25 Disqualifications:0
Arthur St John Ryan	Previous	19 Jul 1935	60 Lansdowne Road, Ballsbridge, Dublin	01 Jul 1999	16 Jul 2007	Current:1 Previous:2 Disqualifications:0
Patrick Brendan Prior	Previous	23 May 1943	B2 Longmead Business Centre Blenheim Road, Epsom, Surrey KT19 9QQ	03 Jul 1991	16 Jul 2007	Current:4 Previous:7 Disqualifications:0
Seamus Michael Halford	Previous	30 Jan 1945	7 Torquay Wood, Leopardstown, Foxrock, Dublin 18	05 Jan 2004	16 Jul 2007	Current:0 Previous:1 Disqualifications:0
Lee Rendall	Previous	23 Jan 1964	Bramston, Summerhill Lane, Haywards Heath, West Sussex RH16 1RW	10 Sep 1999	26 Jul 2000	Current:0 Previous:26 Disqualifications:0
Peter Andrew Russell	Previous	12 Sep 1957	27 Valley Road, Rickmansworth, Rickmansworth, Hertfordshire WD3 4DT	27 Jul 2000	16 Jul 2007	Current:70 Previous:3 Disqualifications:0
Trevor Henry Montague Shaw	Previous	28 Sep 1933	115 North Hill, Highgate, London , London N6 4DP	03 Jul 1991	31 May 2000	Current:0 Previous:29 Disqualifications:0
Peter Edmund Patchett	Previous	11 Jan 1934	11 Princes Avenue, Carshalton, Surrey SM5 4NZ	03 Jul 1991	10 Sep 1999	Current:0 Previous:28 Disqualifications:0

Corporate Directors

There are no corporate directors for this company.

Individual Secretaries
Name	Status	DOB	Filed Address	Appointment Date	Resignation Date	Summary of Directorships
Rosalyn Sharon Schofield	Current	18 Sep 1956	45 Oakleigh Park South, London, Whetstone, London N20 9JR	13 Aug 2001	NA	Current:186 Previous:15 Disqualifications:0
Catherine Mary Springett	Previous	06 Oct 1957	Caledonian Exchange 19A Canning Street, Edinburgh, Edinburgh, City of EH3 8HE	01 Mar 2001	24 Jul 2001	Current:0 Previous:196 Disqualifications:0
Simon Joseph Smith	Previous	NA	34 Winkworth Road, Banstead, Surrey SM7 2QL	14 Jul 2006	29 Sep 2006	Current:0 Previous:65 Disqualifications:0
Jessica Sophie Foster	Previous	04 Mar 1971	79B Huddleston Road, London , London N7 0AE	NA	01 Mar 2001	Current:0 Previous:89 Disqualifications:0
Lyn Richardson	Previous	NA	Honey Cottage, Hatton Fields, Sutton Lane, Derby, Derbyshire DE65 5GQ	24 Jul 2001	13 Aug 2001	Current:0 Previous:83 Disqualifications:0
Malcolm Raymond Gore	Previous	12 Jun 1934	3 Branksome Way, Harrow, Middlesex HA3 9SH	NA	11 Jun 1999	Current:0 Previous:83 Disqualifications:0
William Bernard Wright	Previous	25 May 1937	1A Kingsfield Road, Oxhey, Watford, Hertfordshire WD1 4PP	18 Apr 1979	14 Jul 2000	Current:0 Previous:87 Disqualifications:0

Corporate Secretaries

There are no corporate secretaries for this company.

Individual Shareholders

There are no individual shareholders for this company.

Corporate Shareholders
Company Name	Registration Number	Share Details (As Reported)	Share Type	# of Shares	Share Price (GBP)	Share Value (GBP)	% of Total Shares
ABF Investments Plc	00306672	50000000 Ordinary GBP 1.00	Ordinary	50,000,000	1.00	50,000,000.00	100.00

News

Primark and Next about to open new Crawley stores in County Mall Crawley News (689 Words)	13-Nov-2013
MAPIC: Primark opens largest Portuguese store PropertyEU (76 Words)	12-Nov-2013
Sugar ethics hard to stomach Taranaki Daily News (695 Words)	12-Nov-2013
Poor yields bring fall in firms sugar profits Bury Free Press (99 Words)	12-Nov-2013
The Bitterness of Sugar Project Syndicate (870 Words)	11-Nov-2013
Talkback: Primark says sorry to breastfeeding mum Made For Mums (373 Words)	11-Nov-2013
WANDERED round Primark in a Mail on Sunday (UK) (117 Words)	10-Nov-2013
Business Agenda: PEOPLE Observer (UK) (246 Words)	10-Nov-2013
Primark & Chanel, Marks and Spencer, Morrisons, Octobers record online sales Leon Bailey Green (494 Words)	08-Nov-2013
Party in my Primark pants high street fashion house gets sexy for Christmas Now Magazine (182 Words)	08-Nov-2013
FTSE AIM watch: Blinkxs shares continue climbing Invezz (535 Words)	08-Nov-2013

Annual Profit & Loss

Financials in: USD (mil)

Except for share items (millions) and per share items (actual units)

	15-Sep-2012	17-Sep-2011	18-Sep-2010	12-Sep-2009	13-Sep-2008
Period Length	52 Weeks	52 Weeks	53 Weeks	52 Weeks	52 Weeks
Filed Currency	GBP	GBP	GBP	GBP	GBP
Exchange Rate (Period Average)	0.635461	0.622782	0.642036	0.644601	0.505422
Consolidated	No	No	No	No	No
Total Turnover	3,616.2	3,366.2	3,092.9	2,704.0	3,034.7
Cost of Sales	3,038.5	2,792.7	2,491.5	2,223.2	2,487.1
Gross Profit	577.7	573.5	601.4	480.8	547.6
Depreciation	0.1	111.8	113.0	103.1	109.2
Other Expenses	295.5	289.2	291.7	347.4	396.7
Other Income	7.8	6.6	6.4	5.7	16.1
Interest Paid	26.4	21.1	17.2	59.6	110.3
Exceptional Income	0.0	0.0	0.0	0.0	0.0
Discontinued Operations	0.0	0.0	0.0	0.0	0.0
Profit Before Taxes	263.6	269.9	298.9	79.6	56.8
Tax Payable / Credit	79.8	71.6	146.2	33.3	27.6
Extraordinary Items/Debits	0.0	0.0	0.0	0.0	0.0
Dividends	170.0	2,649.4	39.7	19.4	82.1
Profit After Taxes	13.8	-2,451.1	113.0	26.8	-53.0
Minority Interests (Profit & Loss)	0.0	0.0	0.0	0.0	0.0
Audit Fees	0.1	0.2	0.2	0.3	0.3
Number of Employees	27,065	25,575	23,707	21,827	20,849
Wages	364.0	317.1	298.2	264.2	315.6
Social Security Costs	18.3	16.7	14.6	13.8	16.9
Other Pension Costs	9.4	9.1	8.4	7.3	10.2
Employees Remuneration	391.7	342.9	321.3	285.3	342.7
Directors Remuneration	1.6	1.1	0.9	0.4	0.6

Annual Balance Sheet

Financials in: USD (mil)

	15-Sep-2012	17-Sep-2011	18-Sep-2010	12-Sep-2009	13-Sep-2008
Filed Currency	GBP	GBP	GBP	GBP	GBP
Exchange Rate	0.620567	0.633132	0.639611	0.598659	0.559989
Consolidated	No	No	No	No	No
Land & Buildings	1,103.0	1,047.0	983.5	1,015.1	984.0
Fixtures & Fittings	840.9	798.0	696.4	738.4	797.1
Plant & Vehicles	0.0	0.0	0.0	0.0	0.0
Total Tangible Fixed Assets	1,943.9	1,844.9	1,680.0	1,753.5	1,781.1
Intangible Assets	0.0	0.0	0.0	0.0	0.0
Investments	1.7	1.6	1.6	1.7	1.8
Total Fixed Assets	1,945.5	1,846.5	1,681.6	1,755.2	1,782.9
Stocks	524.8	570.6	423.5	433.8	387.3
Work in Progress	0.0	0.0	0.0	0.0	0.0
Total Stocks Work In Progress	524.8	570.6	423.5	433.8	387.3
Trade Debtors	0.0	0.0	0.0	0.0	0.0
Inter-Company Debtors	15.2	1.6	12.6	0.0	0.0
Director Loans	0.0	0.0	0.0	0.0	0.0
Other Debtors	1.9	49.8	32.0	49.4	90.2
Total Debtors	17.1	51.5	44.6	49.4	90.2
Cash and Equivalents	50.1	42.9	32.6	37.0	32.8
Other Current Assets	0.0	0.0	0.0	0.0	0.0
Total Current Assets	592.0	665.0	500.8	520.2	510.3
Total Assets	2,537.6	2,511.5	2,182.3	2,275.5	2,293.2
Trade Creditors	190.5	187.2	160.3	158.1	154.9
Bank Overdraft	-	1.4	1.1	13.2	1.5
Inter-Company Creditors	1,718.0	1,743.8	1,313.2	1,586.0	1,637.9
Director Loans (Current Liability)	-	0.0	0.0	0.0	-
Hire Purchase (Current Liability)	0.0	0.0	0.0	0.0	0.0
Finance Lease (Current Liability)	0.1	0.0	0.0	0.0	0.0
Total Finance Lease/Hire Purchase (Current Liability)	0.1	0.0	0.0	0.0	0.0
Total Short Term Loans	6.4	0.0	0.0	0.0	-
Accruals/Deferred Income (Current Liability)	104.1	114.3	110.6	91.3	99.5
Social Security/VAT	70.6	27.0	28.7	51.1	49.3
Corporation Tax	47.0	54.7	125.2	27.8	6.4
Dividends (Current Liability)	-	0.0	0.0	0.0	-
Other Current Liabilities	24.1	26.6	22.5	14.4	17.2
Total Current Liabilities	2,160.7	2,155.1	1,761.7	1,941.9	1,966.8
Group Loans (Long Term Liability)	0.0	0.0	0.0	0.0	0.0
Director Loans (Long Term Liability)	0.0	0.0	0.0	0.0	0.0
Hire Purchase (Long Term Liability)	0.0	0.0	0.0	0.0	0.0
Leasing (Long Term Liability)	21.3	19.2	19.0	20.4	28.1
Total Hire Purchase Loans (Long Term Liability)	21.3	19.2	19.0	20.4	28.1
Other Long Term Loans	0.0	0.0	0.0	0.0	0.0
Accruals/Deferred Income (Long Term Liability)	0.0	0.0	0.0	0.0	0.0
Other Long Term Liabilities	0.0	2.4	2.9	4.9	0.0
Total Long Term Liabilities	21.3	21.6	21.9	25.3	28.1
Deferred Taxation	52.2	52.1	53.9	61.6	65.7
Other Provisions	0.0	0.0	0.0	0.0	0.0
Total Provisions	52.2	52.1	53.9	61.6	65.7
Issued Capital	80.6	79.0	78.2	83.5	89.3
Share Premium Accounts	0.0	0.0	0.0	0.0	0.0
Revaluation Reserve	0.0	0.0	0.0	0.0	0.0
Retained Earnings	221.2	202.9	265.8	162.8	143.1
Other Reserves	1.6	0.9	0.8	0.4	0.2
Minority Interests (Balance Sheet)	0.0	0.0	0.0	0.0	0.0
Total Shareholders Funds	303.3	282.7	344.8	246.7	232.6
Net Worth	303.3	282.7	344.8	246.7	232.6

Annual Cash Flows

Financials in: USD (mil)

	15-Sep-2012	17-Sep-2011	18-Sep-2010	12-Sep-2009	13-Sep-2008
Period Length	52 Weeks	52 Weeks	53 Weeks	52 Weeks	52 Weeks
Filed Currency	GBP	GBP	GBP	GBP	GBP
Exchange Rate (Period Average)	0.635461	0.622782	0.642036	0.644601	0.505422
Consolidated	No	No	No	No	No

Annual Ratios

Financials in: USD (mil)

	15-Sep-2012	17-Sep-2011	18-Sep-2010	12-Sep-2009	13-Sep-2008
Period Length	52 Weeks	52 Weeks	53 Weeks	52 Weeks	52 Weeks
Filed Currency	GBP	GBP	GBP	GBP	GBP
Exchange Rate	0.620567	0.633132	0.639611	0.598659	0.559989
Consolidated	No	No	No	No	No
Current Ratio	0.27	0.31	0.28	0.27	0.26
Liquidity Ratio	0.03	0.04	0.04	0.04	0.06
Stock Turnover	706.00	580.00	719.00	671.00	707.00
Working Capital by Sales	-4,236.00%	-4,500.00%	-4,140.00%	-4,883.00%	-5,318.00%
Return on Capital	7,163.00%	7,447.00%	6,998.00%	2,568.00%	1,569.00%
Return on Assets	1,064.00%	1,057.00%	1,349.00%	376.00%	223.00%
Profit Margin	729.00%	802.00%	966.00%	294.00%	187.00%
Return on Shareholders Funds	8,900.00%	9,388.00%	8,538.00%	3,473.00%	2,202.00%
Borrowing Ratio	57,560.00%	62,402.00%	38,671.00%	65,660.00%	71,691.00%
Equity Gearing	1,195.00%	1,126.00%	1,580.00%	1,084.00%	1,014.00%
Debt Gearing	7.04%	6.78%	5.52%	8.25%	12.10%
Interest Coverage	999.00	1,280.00	1,734.00	133.00	51.00
Sales by Tangible Assets	190.00	179.00	181.00	166.00	154.00
Average Remuneration per Employee	0.0	0.0	0.0	0.0	0.0
Profit per Employee	0.0	0.0	0.0	0.0	0.0
Sales per Employee	0.1	0.1	0.1	0.1	0.1
Capital Employed per Employee	0.0	0.0	0.0	0.0	0.0
Tangible Assets per Employee	0.1	0.1	0.1	0.1	0.1
Total Assets per Employee	0.1	0.1	0.1	0.1	0.1
Employee Remuneration by Sales	1,083.00%	1,019.00%	1,039.00%	1,055.00%	1,129.00%
Creditor Days (Cost of Sales Based)	2,234.00	2,487.00	2,384.00	2,411.00	2,519.00
Creditor Days (Sales Based)	1,877.00	2,063.00	1,921.00	1,982.00	2,064.00

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.59
UK Pound	1	Rs.101.56
Euro	1	Rs.85.15

INFORMATION DETAILS

Report Prepared by :

SDA

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	NB	New Business	----

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.