currys group limited

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currys group limited Company Information

Share CURRYS GROUP LIMITED

Company Number

00504877

Shareholders

dsg international holdings limited

Group Structure

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Industry

Retail sale of electrical household appliances in specialised stores

 

Registered Address

1 portal way, london, W3 6RS

currys group limited Estimated Valuation

£2.1b

Pomanda estimates the enterprise value of CURRYS GROUP LIMITED at £2.1b based on a Turnover of £4.7b and 0.45x industry multiple (adjusted for size and gross margin).

currys group limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of CURRYS GROUP LIMITED at £1.1b based on an EBITDA of £211.8m and a 5.15x industry multiple (adjusted for size and gross margin).

currys group limited Estimated Valuation

£2.3b

Pomanda estimates the enterprise value of CURRYS GROUP LIMITED at £2.3b based on Net Assets of £980.8m and 2.35x industry multiple (adjusted for liquidity).

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Currys Group Limited Overview

Currys Group Limited is a live company located in london, W3 6RS with a Companies House number of 00504877. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in February 1952, it's largest shareholder is dsg international holdings limited with a 100% stake. Currys Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £4.7b with declining growth in recent years.

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Currys Group Limited Health Check

Pomanda's financial health check has awarded Currys Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £4.7b, make it larger than the average company (£15.7m)

£4.7b - Currys Group Limited

£15.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9.3%)

0% - Currys Group Limited

9.3% - Industry AVG

production

Production

with a gross margin of 8.7%, this company has a higher cost of product (25.2%)

8.7% - Currys Group Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (4.6%)

1% - Currys Group Limited

4.6% - Industry AVG

employees

Employees

with 14266 employees, this is above the industry average (51)

14266 - Currys Group Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.6k, the company has an equivalent pay structure (£35.9k)

£30.6k - Currys Group Limited

£35.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £330.4k, this is more efficient (£285.1k)

£330.4k - Currys Group Limited

£285.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (26 days)

5 days - Currys Group Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 65 days, this is slower than average (51 days)

65 days - Currys Group Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 44 days, this is less than average (101 days)

44 days - Currys Group Limited

101 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)

0 weeks - Currys Group Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.1%, this is a higher level of debt than the average (55.7%)

67.1% - Currys Group Limited

55.7% - Industry AVG

CURRYS GROUP LIMITED financials

EXPORTms excel logo

Currys Group Limited's latest turnover from April 2024 is £4.7 billion and the company has net assets of £980.8 million. According to their latest financial statements, Currys Group Limited has 14,266 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016May 2015Apr 2014Apr 2013Apr 2012Apr 2011May 2010
Turnover4,713,800,0004,693,400,0004,784,200,0004,764,000,0004,453,500,0004,387,100,0004,344,000,0004,345,700,0004,237,900,0004,314,000,0004,078,300,0003,997,900,0003,743,700,0003,858,000,0004,110,500,000
Other Income Or Grants321,800,000
Cost Of Sales4,304,700,0004,294,000,0004,429,400,0004,428,100,0003,163,351,6544,076,100,0003,998,600,0003,937,600,0003,891,700,0004,010,900,0002,972,907,7722,866,250,6522,627,443,4232,673,501,8192,769,726,706
Gross Profit409,100,000399,400,000354,800,000657,700,0001,290,148,346311,000,000345,400,000408,100,000346,200,000303,100,0001,105,392,2281,131,649,3481,116,256,5771,184,498,1811,340,773,294
Admin Expenses363,900,000339,100,000337,300,000364,100,0001,187,048,346185,300,000180,700,000151,500,000256,800,000168,831,5001,008,592,2281,076,549,3481,073,256,5771,182,198,1811,389,373,294
Operating Profit45,200,00060,300,00017,500,000293,600,000103,100,000125,700,000164,700,000256,600,00089,400,000134,268,50096,800,00055,100,00043,000,0002,300,000-48,600,000
Interest Payable47,300,00049,500,00056,200,00055,800,00062,900,00023,600,00029,500,00030,600,00043,300,00038,200,00060,000,00021,300,00061,100,00060,900,00060,500,000
Interest Receivable40,200,00016,100,000600,0001,700,0002,800,0003,800,0007,700,00021,600,00011,200,00015,600,00057,800,00031,900,00070,100,00069,500,00056,900,000
Pre-Tax Profit38,100,00026,900,000-38,100,000239,500,00043,000,000105,900,000142,900,000247,600,00063,000,000116,800,00094,100,00056,500,00053,700,00018,400,000-2,200,000
Tax-6,100,000-13,900,000-14,300,000-4,400,000-2,600,000-6,200,000-10,500,000-49,000,000-33,400,000-12,200,000-23,200,000-13,400,000-6,300,000-400,000-16,200,000
Profit After Tax32,000,00013,000,000-52,400,000235,100,00040,400,00099,700,000132,400,000198,600,00029,600,000104,600,00070,900,00043,100,00047,400,00018,000,000-18,400,000
Dividends Paid
Retained Profit32,000,00013,000,000-52,400,000235,100,00040,400,00099,700,000132,400,000198,600,00029,600,000104,600,00070,900,00043,100,00047,400,00018,000,000-18,400,000
Employee Costs436,900,000415,700,000433,700,000410,500,000433,200,000444,100,000415,000,000409,300,000418,600,000410,200,000400,200,000399,300,000392,200,000392,600,000411,400,000
Number Of Employees14,26615,08916,66117,60519,92720,15820,62320,76120,29020,30220,656420,18022,45223,249
EBITDA*211,800,000222,900,000225,200,000555,000,000317,500,000194,700,000227,800,000319,000,000157,200,000210,068,500174,900,000135,400,000125,200,00076,600,00071,051,400,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016May 2015Apr 2014Apr 2013Apr 2012Apr 2011May 2010
Tangible Assets44,900,00056,000,000608,100,000705,500,000794,600,000148,100,000231,300,000234,700,000190,100,000195,700,000381,600,000452,300,000459,200,000491,900,000463,300,000
Intangible Assets569,800,000681,600,000171,900,000195,900,000236,000,000216,300,000117,200,00091,700,00085,300,00079,700,00078,500,00089,900,000107,300,000115,700,000128,600,000
Investments & Other96,500,000125,600,000161,600,000142,600,000166,700,000159,400,000177,500,00036,800,00036,800,00036,800,00036,800,00046,400,000
Debtors (Due After 1 year)2,900,0004,100,00089,500,000
Total Fixed Assets617,600,000741,700,000869,500,000997,900,0001,156,200,000526,000,000491,100,000493,100,000434,800,000452,900,000460,100,000542,200,000566,500,000607,600,000591,900,000
Stock & work in progress529,500,000514,500,000560,700,000548,100,000433,600,000508,100,000476,600,000483,400,000410,200,000418,800,000377,500,000413,400,000395,700,000441,400,000463,400,000
Trade Debtors66,000,00092,200,00028,300,0002,700,00014,700,000136,200,000109,800,000113,100,00068,000,00071,300,00074,800,00093,000,00069,200,00080,300,00079,800,000
Group Debtors1,446,000,0001,428,400,0001,549,600,0001,561,200,0001,309,500,0001,344,500,0001,452,700,0001,436,500,000864,200,00025,800,0001,037,100,000855,000,000659,500,000555,700,000628,200,000
Misc Debtors317,100,000237,000,000230,500,000146,500,000136,200,00046,800,00033,300,00034,000,00055,800,00048,900,00042,000,00037,800,00057,600,00053,600,00062,000,000
Cash4,700,00020,900,00028,900,00030,100,000236,600,000184,600,000118,000,00060,200,000604,400,0001,290,300,000120,700,000121,800,000136,100,000146,700,00078,500,000
misc current assets500,000800,0003,900,0003,900,0006,400,0006,400,0002,600,000
total current assets2,363,300,0002,293,000,0002,398,000,0002,289,100,0002,131,400,0002,220,200,0002,190,400,0002,131,100,0002,006,500,0001,861,500,0001,658,500,0001,523,600,0001,318,100,0001,277,700,0001,311,900,000
total assets2,980,900,0003,034,700,0003,267,500,0003,287,000,0003,287,600,0002,746,200,0002,681,500,0002,624,200,0002,441,300,0002,314,400,0002,118,600,0002,065,800,0001,884,600,0001,885,300,0001,903,800,000
Bank overdraft11,700,000
Bank loan
Trade Creditors 773,900,000762,300,000846,800,000642,700,000574,100,000702,500,000716,600,000729,600,000605,500,000551,200,000513,700,000516,400,000452,600,000498,100,000502,000,000
Group/Directors Accounts85,500,000107,300,00059,000,00040,900,00057,100,00027,800,00041,900,00033,600,00068,600,00041,100,000
other short term finances3,000,000900,0009,100,0001,900,000500,000
hp & lease commitments102,900,00099,400,000102,900,000100,000,000117,800,0003,100,0002,800,0002,500,0002,400,0002,200,0002,000,0001,700,0001,700,0001,900,0001,000,000
other current liabilities271,300,000267,500,000317,100,000399,100,000364,800,000353,100,000369,700,000383,300,000394,200,000386,800,000384,300,000366,500,000325,800,000363,600,000395,200,000
total current liabilities1,233,600,0001,239,500,0001,325,800,0001,183,600,0001,122,900,0001,086,500,0001,131,000,0001,150,900,0001,070,700,000981,300,000900,000,000884,600,000792,300,000863,600,000898,200,000
loans54,700,00054,700,00054,700,00033,600,00033,600,000183,200,000187,200,000191,600,000191,400,000194,000,000
hp & lease commitments467,800,000553,800,000595,700,000690,500,000701,200,00079,700,00082,800,00087,100,00088,800,00089,300,00091,600,00093,600,00095,800,00095,700,00097,000,000
Accruals and Deferred Income23,700,000142,200,000155,600,000207,300,000211,400,000
other liabilities95,500,00089,100,00078,300,00068,100,000118,700,00091,800,00021,100,00021,100,000255,100,000272,000,000264,800,000226,500,000222,700,000
provisions33,300,00017,300,00027,900,0005,000,00014,200,00036,400,00028,000,00018,000,00055,800,00015,800,000831,800,000847,800,000539,400,000512,400,000543,400,000
total long term liabilities766,500,000906,800,000958,400,0001,245,600,0001,383,700,000864,900,000777,600,000903,900,000878,400,000857,500,000762,600,000789,500,000630,300,000578,400,000591,400,000
total liabilities2,000,100,0002,146,300,0002,284,200,0002,429,200,0002,506,600,0001,951,400,0001,908,600,0002,054,800,0001,949,100,0001,838,800,0001,662,600,0001,674,100,0001,422,600,0001,442,000,0001,489,600,000
net assets980,800,000888,400,000983,300,000857,800,000781,000,000794,800,000772,900,000569,400,000492,200,000475,600,000456,000,000391,700,000462,000,000443,300,000414,200,000
total shareholders funds980,800,000888,400,000983,300,000857,800,000781,000,000794,800,000772,900,000569,400,000492,200,000475,600,000456,000,000391,700,000462,000,000443,300,000414,200,000
Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016May 2015Apr 2014Apr 2013Apr 2012Apr 2011May 2010
Operating Activities
Operating Profit45,200,00060,300,00017,500,000293,600,000103,100,000125,700,000164,700,000256,600,00089,400,000134,268,50096,800,00055,100,00043,000,0002,300,000-48,600,000
Depreciation17,500,00020,300,000129,200,000171,700,000184,400,00047,000,00052,300,00057,500,00063,700,00069,700,00070,500,00072,200,00071,900,00053,900,00056,364,000,000
Amortisation149,100,000142,300,00078,500,00089,700,00030,000,00022,000,00010,800,0004,900,0004,100,0006,100,0007,600,0008,100,00010,300,00020,400,00014,736,000,000
Tax-6,100,000-13,900,000-14,300,000-4,400,000-2,600,000-6,200,000-10,500,000-49,000,000-33,400,000-12,200,000-23,200,000-13,400,000-6,300,000-400,000-16,200,000
Stock15,000,000-46,200,00012,600,000114,500,000-74,500,00031,500,000-6,800,00073,200,000-8,600,00041,300,000-35,900,00017,700,000-45,700,000-22,000,000463,400,000
Debtors70,300,000-136,200,000187,500,000250,000,000-67,100,000-68,300,00012,200,000595,600,000842,000,000-1,007,900,000168,100,000199,500,00096,700,000-80,400,000770,000,000
Creditors11,600,000-84,500,000204,100,00068,600,000-128,400,000-14,100,000-13,000,000124,100,00054,300,00037,500,000-2,700,00063,800,000-45,500,000-3,900,000502,000,000
Accruals and Deferred Income3,800,000-49,600,000-82,000,00034,300,000-12,000,000-135,100,000-27,000,000-62,600,0003,300,000213,900,00017,800,00040,700,000-37,800,000-31,600,000395,200,000
Deferred Taxes & Provisions16,000,000-10,600,00022,900,000-9,200,000-22,200,0008,400,00010,000,000-37,800,00040,000,000-816,000,000-16,000,000308,400,00027,000,000-31,000,000543,400,000
Cash flow from operations151,800,000246,700,000155,800,000279,800,000293,900,00084,500,000181,900,000-375,100,000-612,000,000599,868,50018,600,000317,700,00011,600,000112,100,00071,242,400,000
Investing Activities
capital expenditure-43,700,000-120,200,000-86,300,000-132,200,000-880,600,000-84,900,000-85,200,000-113,400,000-67,800,000108,900,0004,000,000-56,000,000-41,100,000-90,000,000-71,691,900,000
Change in Investments-96,500,000-29,100,000-36,000,00019,000,000-24,100,0007,300,000-18,100,000140,700,000-9,600,00046,400,000
cash flow from investments-43,700,000-120,200,00010,200,000-103,100,000-844,600,000-103,900,000-61,100,000-120,700,000-49,700,000-31,800,0004,000,000-56,000,000-41,100,000-80,400,000-71,738,300,000
Financing Activities
Bank loans
Group/Directors Accounts-21,800,00048,300,00018,100,000-16,200,00029,300,000-14,100,0008,300,000-35,000,00027,500,00041,100,000
Other Short Term Loans -3,000,0003,000,000-900,000-8,200,0009,100,000-1,900,0001,900,000-500,000500,000
Long term loans-54,700,00021,100,000-149,600,000-4,000,000-4,400,000200,000-2,600,000194,000,000
Hire Purchase and Lease Commitments-82,500,000-45,400,000-91,900,000-28,500,000736,200,000-2,800,000-4,000,000-1,600,000-300,000-2,100,000-1,700,000-2,200,000-100,000-400,00098,000,000
other long term liabilities6,400,00010,800,00010,200,000-50,600,00026,900,00091,800,000-21,100,000-234,000,000-16,900,0007,200,00038,300,0003,800,000222,700,000
share issue60,400,000-107,900,000177,900,000-158,300,000-54,200,000-77,800,00071,100,000-121,400,000-13,000,000-85,000,000-6,600,000-113,400,000-28,700,00011,100,000432,600,000
interest-7,100,000-33,400,000-55,600,000-54,100,000-60,100,000-19,800,000-21,800,000-9,000,000-32,100,000-22,600,000-2,200,00010,600,0009,000,0008,600,000-3,600,000
cash flow from financing-47,600,000-124,600,00057,800,000-315,900,000632,500,000-22,700,00051,700,000-165,100,000-17,900,000-452,200,000-31,400,000-102,700,00019,200,00020,500,000943,700,000
cash and cash equivalents
cash-16,200,000-8,000,000-1,200,000-206,500,00052,000,00066,600,00057,800,000-544,200,000-685,900,0001,169,600,000-1,100,000-14,300,000-10,600,00068,200,00078,500,000
overdraft-11,700,00011,700,000
change in cash-16,200,000-8,000,000-1,200,000-206,500,00052,000,00066,600,00057,800,000-544,200,000-685,900,0001,169,600,000-1,100,000-2,600,000-22,300,00068,200,00078,500,000

currys group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Currys Group Limited Competitor Analysis

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Perform a competitor analysis for currys group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in W 3 area or any other competitors across 12 key performance metrics.

currys group limited Ownership

CURRYS GROUP LIMITED group structure

Currys Group Limited has 1 subsidiary company.

Ultimate parent company

2 parents

CURRYS GROUP LIMITED

00504877

1 subsidiary

CURRYS GROUP LIMITED Shareholders

dsg international holdings limited 100%

currys group limited directors

Currys Group Limited currently has 8 directors. The longest serving directors include Ms Paula Coughlan (May 2019) and Mr Alexander Baldock (Mar 2020).

officercountryagestartendrole
Ms Paula CoughlanUnited Kingdom53 years May 2019- Director
Mr Alexander Baldock54 years Mar 2020- Director
Mr Mark Allsop52 years Jul 2020- Director
Mr Edward ConnollyUnited Kingdom47 years Jul 2020- Director
Mrs Lindsay Haselhurst56 years Jul 2020- Director
Mr Bruce Marsh57 years Jul 2021- Director
Mr Bruce Marsh57 years Jul 2021- Director
Mr Andrew GambleEngland45 years Mar 2023- Director

P&L

April 2024

turnover

4.7b

0%

operating profit

45.2m

-25%

gross margin

8.7%

+1.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

980.8m

+0.1%

total assets

3b

-0.02%

cash

4.7m

-0.78%

net assets

Total assets minus all liabilities

currys group limited company details

company number

00504877

Type

Private limited with Share Capital

industry

47540 - Retail sale of electrical household appliances in specialised stores

incorporation date

February 1952

age

73

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

April 2024

previous names

dsg retail limited (September 2021)

dixons stores group limited (April 1995)

See more

accountant

-

auditor

KPMG LLP

address

1 portal way, london, W3 6RS

Bank

HSBC BANK PLC

Legal Advisor

-

currys group limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to currys group limited.

currys group limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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currys group limited Companies House Filings - See Documents

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