matalan retail ltd.

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matalan retail ltd. Company Information

Share MATALAN RETAIL LTD.

Company Number

02103564

Shareholders

matalan ltd

Group Structure

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Industry

Retail sale of clothing in specialised stores

 

Registered Address

matalan head office, perimeter road, liverpool, L33 7SZ

matalan retail ltd. Estimated Valuation

£554.6m

Pomanda estimates the enterprise value of MATALAN RETAIL LTD. at £554.6m based on a Turnover of £1.1b and 0.51x industry multiple (adjusted for size and gross margin).

matalan retail ltd. Estimated Valuation

£698.3m

Pomanda estimates the enterprise value of MATALAN RETAIL LTD. at £698.3m based on an EBITDA of £132.9m and a 5.25x industry multiple (adjusted for size and gross margin).

matalan retail ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of MATALAN RETAIL LTD. at £0 based on Net Assets of £-2.8m and 2.33x industry multiple (adjusted for liquidity).

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Matalan Retail Ltd. Overview

Matalan Retail Ltd. is a live company located in liverpool, L33 7SZ with a Companies House number of 02103564. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in February 1987, it's largest shareholder is matalan ltd with a 100% stake. Matalan Retail Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £1.1b with healthy growth in recent years.

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Matalan Retail Ltd. Health Check

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

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.1b, make it larger than the average company (£12.1m)

£1.1b - Matalan Retail Ltd.

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (13.6%)

13% - Matalan Retail Ltd.

13.6% - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (49.6%)

9.8% - Matalan Retail Ltd.

49.6% - Industry AVG

profitability

Profitability

an operating margin of 2.8% make it less profitable than the average company (4.4%)

2.8% - Matalan Retail Ltd.

4.4% - Industry AVG

employees

Employees

with 10461 employees, this is above the industry average (66)

10461 - Matalan Retail Ltd.

66 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.4k, the company has a lower pay structure (£28.2k)

£15.4k - Matalan Retail Ltd.

£28.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.3k, this is less efficient (£159.5k)

£103.3k - Matalan Retail Ltd.

£159.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (11 days)

4 days - Matalan Retail Ltd.

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 98 days, this is slower than average (38 days)

98 days - Matalan Retail Ltd.

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 39 days, this is less than average (141 days)

39 days - Matalan Retail Ltd.

141 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (12 weeks)

12 weeks - Matalan Retail Ltd.

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (71.6%)

100.3% - Matalan Retail Ltd.

71.6% - Industry AVG

MATALAN RETAIL LTD. financials

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Matalan Retail Ltd.'s latest turnover from February 2024 is £1.1 billion and the company has net assets of -£2.8 million. According to their latest financial statements, Matalan Retail Ltd. has 10,461 employees and maintains cash reserves of £122.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover1,081,000,0001,153,400,0001,027,100,000744,100,0001,129,400,0001,103,900,0001,062,500,0001,036,100,0001,060,500,0001,094,000,0001,122,900,0001,125,400,0001,117,500,0001,096,500,0001,104,100,000
Other Income Or Grants
Cost Of Sales975,400,0001,076,300,000866,000,000703,800,000988,600,000962,400,000912,700,000910,300,000962,400,000948,300,000990,800,000987,400,000990,000,000910,200,000894,300,000
Gross Profit105,600,00077,100,000161,100,00040,300,000140,800,000141,500,000149,800,000125,800,00098,100,000145,700,000132,100,000138,000,000127,500,000186,300,000209,800,000
Admin Expenses75,900,00071,900,00071,300,00074,400,00073,400,00075,900,00081,400,00076,800,00079,400,00085,000,00073,300,00072,800,00070,200,00072,000,00080,400,000
Operating Profit29,700,0005,200,00089,800,000-34,100,00067,400,00065,600,00068,400,00049,000,00018,700,00060,700,00058,800,00065,200,00057,300,000114,300,000129,400,000
Interest Payable79,300,000109,300,00097,400,00098,400,00089,900,00038,000,00037,800,00039,200,00039,300,00041,200,00048,000,00047,800,00048,000,00043,000,00026,600,000
Interest Receivable1,400,000700,0004,900,000500,000700,000500,000500,000300,000800,000600,000700,000600,0001,500,000400,000
Pre-Tax Profit-48,200,000-103,400,000-7,600,000-127,600,000-22,000,00028,300,00029,800,00010,300,000-20,300,00020,300,00011,400,00017,600,0009,900,00072,800,000103,200,000
Tax11,500,000-7,100,0003,600,00017,700,000100,000-7,400,000-4,600,000-2,700,0003,000,000-1,800,000-1,900,000-4,400,0001,400,000-20,800,000-35,800,000
Profit After Tax-36,700,000-110,500,000-4,000,000-109,900,000-21,900,00020,900,00025,200,0007,600,000-17,300,00018,500,0009,500,00013,200,00011,300,00052,000,00067,400,000
Dividends Paid
Retained Profit-36,700,000-110,500,000-4,000,000-109,900,000-21,900,00020,900,00025,200,0007,600,000-17,300,00018,500,0009,500,00013,200,00011,300,00052,000,00067,400,000
Employee Costs161,100,000153,000,000144,600,000118,200,000160,300,000162,300,000159,700,000156,300,000152,300,000148,600,000151,000,000150,100,000141,000,000140,600,000149,700,000
Number Of Employees10,46111,24610,83711,55812,85313,37813,57914,09815,12515,83215,99516,37315,85816,14416,627
EBITDA*132,900,000110,500,000194,700,00072,300,000194,400,00097,300,00098,000,00077,800,00047,800,00089,300,00086,600,00093,300,00085,400,000145,600,000160,700,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets178,100,000172,700,000570,200,000621,800,000665,100,000181,600,000174,300,000171,000,000192,800,000183,000,000173,500,000154,800,000157,800,000164,300,000166,600,000
Intangible Assets305,600,000354,800,00042,400,00049,800,00050,400,00040,400,00031,700,00028,600,00025,100,00022,500,00021,000,00017,600,00020,000,00022,400,00020,400,000
Investments & Other100,0004,600,0003,600,000200,00011,500,00027,000,00014,500,0004,800,000700,0003,500,000
Debtors (Due After 1 year)22,300,00011,400,00016,600,00015,900,000
Total Fixed Assets483,700,000527,500,000596,000,000655,700,000715,500,000222,000,000206,000,000199,600,000217,900,000205,500,000194,500,000172,400,000177,800,000186,700,000187,000,000
Stock & work in progress105,100,000137,300,000125,100,000131,800,000133,000,000133,900,000119,700,000114,600,000131,300,000143,200,000135,300,000140,800,000131,800,000120,000,000105,500,000
Trade Debtors12,600,00013,100,00014,700,0009,100,00010,200,00010,300,0008,500,0009,800,0007,700,0006,100,0007,300,0004,300,0004,300,0002,900,000
Group Debtors97,200,000131,200,000150,900,000172,400,000239,900,000245,700,000248,200,000197,700,000187,800,000189,200,000181,700,000180,000,000184,000,000198,300,000164,300,000
Misc Debtors21,000,00025,500,00015,900,00010,800,00013,200,00019,300,00020,900,00021,900,00020,100,00019,900,00020,900,00018,500,00015,000,00014,200,00015,300,000
Cash122,600,00082,400,000125,000,000110,000,00061,200,00072,300,00062,100,00080,500,00074,000,00093,400,00071,600,000120,500,00096,000,00083,000,00097,700,000
misc current assets5,600,0007,800,00015,700,0005,600,0002,400,00060,000,00048,100,00011,100,00016,900,0002,700,0001,300,00018,100,000
total current assets358,500,000395,400,000439,700,000434,400,000473,200,000487,100,000461,800,000484,500,000469,000,000462,900,000416,800,000481,000,000433,800,000419,700,000400,900,000
total assets842,200,000922,900,0001,035,700,0001,090,100,0001,188,700,000709,100,000667,800,000684,100,000686,900,000668,400,000611,300,000653,400,000611,600,000606,400,000587,900,000
Bank overdraft17,100,00017,100,000900,00026,200,000
Bank loan
Trade Creditors 262,700,00099,500,000107,100,000103,000,000124,900,000106,000,00083,700,00076,800,00082,100,00086,400,00060,700,00093,100,00080,300,00080,600,00071,500,000
Group/Directors Accounts176,900,000139,400,000
other short term finances16,000,00025,900,0001,100,0001,400,00025,400,000
hp & lease commitments70,800,00073,800,000110,700,00084,600,00061,300,000
other current liabilities10,300,000210,300,000201,200,000198,600,000184,800,000210,400,000210,900,000201,900,000200,000,000202,700,000211,100,000210,600,000208,300,000228,200,000177,100,000
total current liabilities520,700,000523,000,000452,100,000429,200,000372,100,000317,800,000320,000,000278,700,000282,100,000290,000,000298,000,000303,700,000288,600,000308,800,000248,600,000
loans635,300,000715,200,000749,600,000920,200,000960,200,000800,00044,000,000800,0001,000,00026,400,0002,500,000
hp & lease commitments313,600,000357,600,000374,800,000446,200,000480,100,000
Accruals and Deferred Income40,600,00040,300,00042,300,00042,800,00041,100,00041,200,00039,200,00040,700,00037,800,00035,800,000
other liabilities
provisions11,800,0006,200,0001,800,0002,800,00010,800,0009,200,0002,400,00032,400,00038,200,00028,400,0007,200,00039,000,00037,800,00037,400,00054,800,000
total long term liabilities324,300,000360,700,000375,700,000461,900,000485,500,00045,600,00063,500,00058,900,00061,900,00055,800,00058,000,00058,700,00059,600,00059,000,00063,200,000
total liabilities845,000,000883,700,000827,800,000891,100,000857,600,000363,400,000383,500,000337,600,000344,000,000345,800,000356,000,000362,400,000348,200,000367,800,000311,800,000
net assets-2,800,00039,200,000207,900,000199,000,000331,100,000345,700,000284,300,000346,500,000342,900,000322,600,000255,300,000291,000,000263,400,000238,600,000276,100,000
total shareholders funds-2,800,00039,200,000207,900,000199,000,000331,100,000345,700,000284,300,000346,500,000342,900,000322,600,000255,300,000291,000,000263,400,000238,600,000276,100,000
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit29,700,0005,200,00089,800,000-34,100,00067,400,00065,600,00068,400,00049,000,00018,700,00060,700,00058,800,00065,200,00057,300,000114,300,000129,400,000
Depreciation92,200,00085,200,00089,100,00095,500,000101,400,00022,300,00022,600,00021,900,00022,200,00021,800,00021,300,00021,400,00021,400,00024,200,00024,900,000
Amortisation11,000,00020,100,00015,800,00010,900,00025,600,0009,400,0007,000,0006,900,0006,900,0006,800,0006,500,0006,700,0006,700,0007,100,0006,400,000
Tax11,500,000-7,100,0003,600,00017,700,000100,000-7,400,000-4,600,000-2,700,0003,000,000-1,800,000-1,900,000-4,400,0001,400,000-20,800,000-35,800,000
Stock-32,200,00012,200,000-6,700,000-1,200,000-900,00014,200,0005,100,000-16,700,000-11,900,0007,900,000-5,500,0009,000,00011,800,00014,500,000105,500,000
Debtors-28,100,000-16,900,000-10,100,000-55,100,000-12,000,000-2,300,00048,200,00013,800,000400,0005,300,0007,100,000-500,000-12,100,00035,800,000179,600,000
Creditors163,200,000-7,600,0004,100,000-21,900,00018,900,00022,300,0006,900,000-5,300,000-4,300,00025,700,000-32,400,00012,800,000-300,0009,100,00071,500,000
Accruals and Deferred Income-200,000,0009,100,0002,600,00013,800,000-66,200,000-200,0007,000,0001,400,000-1,000,000-8,500,0002,500,000800,000-17,000,00053,100,000212,900,000
Deferred Taxes & Provisions5,600,0004,400,000-1,000,000-8,000,0001,600,0006,800,000-30,000,000-5,800,0009,800,00021,200,000-31,800,0001,200,000400,000-17,400,00054,800,000
Cash flow from operations173,500,000114,000,000220,800,000130,200,000161,700,000106,900,00024,000,00068,300,00066,800,000112,700,00021,400,00095,200,00070,200,000119,300,000179,000,000
Investing Activities
capital expenditure-59,400,000-20,200,000-45,900,000-62,500,000-620,500,000-47,700,000-36,000,000-10,500,000-41,500,000-39,600,000-49,900,000-22,700,000-19,200,000-31,000,000-218,300,000
Change in Investments-100,000100,000-4,600,0001,000,0003,400,000-11,300,000-15,500,00012,500,00014,500,000-4,800,0004,100,000700,000-3,500,0003,500,000
cash flow from investments-59,400,000-20,100,000-46,000,000-57,900,000-621,500,000-51,100,000-24,700,0005,000,000-54,000,000-54,100,000-45,100,000-26,800,000-19,900,000-27,500,000-221,800,000
Financing Activities
Bank loans
Group/Directors Accounts37,500,000139,400,000
Other Short Term Loans -16,000,000-9,900,00024,800,000-300,000-24,000,00025,400,000
Long term loans-79,900,000-34,400,000-170,600,000-40,000,000959,400,000-43,200,00043,200,000800,000-1,000,000-25,400,00026,400,000-2,500,0002,500,000
Hire Purchase and Lease Commitments-47,000,000-54,100,000-45,300,000-10,600,000541,400,000
other long term liabilities
share issue-5,300,000-58,200,00012,900,000-22,200,0007,300,00040,500,000-87,400,000-4,000,00037,600,00048,800,000-45,200,00014,400,00013,500,000-89,500,000208,700,000
interest-77,900,000-108,600,000-97,400,000-93,500,000-89,400,000-37,300,000-37,300,000-38,700,000-39,000,000-40,400,000-47,400,000-47,100,000-47,400,000-41,500,000-26,200,000
cash flow from financing-172,600,000-131,900,000-310,300,000-141,500,0001,418,400,000-64,000,000-56,100,000-41,900,000-2,400,000-17,000,000-66,200,000-32,700,000-36,400,000-128,500,000182,500,000
cash and cash equivalents
cash40,200,000-42,600,00015,000,00048,800,000-11,100,00010,200,000-18,400,0006,500,000-19,400,00021,800,000-48,900,00024,500,00013,000,000-14,700,00097,700,000
overdraft-17,100,00017,100,000-900,000-25,300,00026,200,000
change in cash40,200,000-25,500,00015,000,00031,700,000-11,100,00010,200,000-18,400,0006,500,000-18,500,00047,100,000-75,100,00024,500,00013,000,000-14,700,00097,700,000

matalan retail ltd. 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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Matalan Retail Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for matalan retail ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in L33 area or any other competitors across 12 key performance metrics.

matalan retail ltd. Ownership

MATALAN RETAIL LTD. group structure

Matalan Retail Ltd. has no subsidiary companies.

Ultimate parent company

MARYLAND MIDCO LTD

#0150925

2 parents

MATALAN RETAIL LTD.

02103564

MATALAN RETAIL LTD. Shareholders

matalan ltd 100%

matalan retail ltd. directors

Matalan Retail Ltd. currently has 6 directors. The longest serving directors include Mr James Brown (Sep 2020) and Mr John Hargreaves (Aug 2022).

officercountryagestartendrole
Mr James Brown56 years Sep 2020- Director
Mr John Hargreaves81 years Aug 2022- Director
Mr Karl-Heinz HollandEngland57 years Mar 2023- Director
Mr Jeremy PeeEngland48 years Nov 2023- Director
Mr David WilliamsEngland58 years Feb 2024- Director
Mr Keith DownUnited Kingdom60 years Nov 2024- Director

P&L

February 2024

turnover

1.1b

-6%

operating profit

29.7m

+471%

gross margin

9.8%

+46.14%

turnover

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

Balance Sheet

February 2024

net assets

-2.8m

-1.07%

total assets

842.2m

-0.09%

cash

122.6m

+0.49%

net assets

Total assets minus all liabilities

matalan retail ltd. company details

company number

02103564

Type

Private limited with Share Capital

industry

47710 - Retail sale of clothing in specialised stores

incorporation date

February 1987

age

38

incorporated

UK

ultimate parent company

MARYLAND MIDCO LTD

accounts

Full Accounts

last accounts submitted

February 2024

previous names

matalan discount club (cash & carry) ltd. (March 1998)

matalan (cash & carry) limited (December 1992)

accountant

-

auditor

FORVIS MAZARS LLP

address

matalan head office, perimeter road, liverpool, L33 7SZ

Bank

LLOYDS BANK PLC

Legal Advisor

CLIFFORD CHANCE LLP

matalan retail ltd. 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 found 14 charges/mortgages relating to matalan retail ltd.. Currently there are 1 open charges and 13 have been satisfied in the past.

matalan retail ltd. 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.

Click to start generating capital raising & share issue transactions for MATALAN RETAIL LTD.. This can take several minutes, an email will notify you when this has completed.

matalan retail ltd. Companies House Filings - See Documents

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