shop direct holdings limited

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shop direct holdings limited Company Information

Share SHOP DIRECT HOLDINGS LIMITED

Company Number

05059352

Shareholders

lw holdings ltd

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 +1

Registered Address

acre house 11-15 william road, london, NW1 3ER

Website

-

shop direct holdings limited Estimated Valuation

£4b

Pomanda estimates the enterprise value of SHOP DIRECT HOLDINGS LIMITED at £4b based on a Turnover of £3.4b and 1.18x industry multiple (adjusted for size and gross margin).

shop direct holdings limited Estimated Valuation

£3.6b

Pomanda estimates the enterprise value of SHOP DIRECT HOLDINGS LIMITED at £3.6b based on an EBITDA of £404.3m and a 8.84x industry multiple (adjusted for size and gross margin).

shop direct holdings limited Estimated Valuation

£425.1m

Pomanda estimates the enterprise value of SHOP DIRECT HOLDINGS LIMITED at £425.1m based on Net Assets of £193.2m and 2.2x industry multiple (adjusted for liquidity).

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Shop Direct Holdings Limited Overview

Shop Direct Holdings Limited is a live company located in london, NW1 3ER with a Companies House number of 05059352. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2004, it's largest shareholder is lw holdings ltd with a 100% stake. Shop Direct Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £3.4b with high growth in recent years.

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Shop Direct Holdings Limited Health Check

Pomanda's financial health check has awarded Shop Direct Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.4b, make it larger than the average company (£10.8m)

£3.4b - Shop Direct Holdings Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.8%)

20% - Shop Direct Holdings Limited

3.8% - Industry AVG

production

Production

with a gross margin of 35.8%, this company has a comparable cost of product (38.2%)

35.8% - Shop Direct Holdings Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 9% make it more profitable than the average company (6%)

9% - Shop Direct Holdings Limited

6% - Industry AVG

employees

Employees

with 3404 employees, this is above the industry average (66)

3404 - Shop Direct Holdings Limited

66 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.5k, the company has a higher pay structure (£49.1k)

£77.5k - Shop Direct Holdings Limited

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1m, this is more efficient (£161k)

£1m - Shop Direct Holdings Limited

£161k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 167 days, this is later than average (52 days)

167 days - Shop Direct Holdings Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (38 days)

93 days - Shop Direct Holdings Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 24 days, this is less than average (41 days)

24 days - Shop Direct Holdings Limited

41 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 (21 weeks)

0 weeks - Shop Direct Holdings Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (55.7%)

94.6% - Shop Direct Holdings Limited

55.7% - Industry AVG

SHOP DIRECT HOLDINGS LIMITED financials

EXPORTms excel logo

Shop Direct Holdings Limited's latest turnover from December 2022 is £3.4 billion and the company has net assets of £193.2 million. According to their latest financial statements, Shop Direct Holdings Limited has 3,404 employees and maintains cash reserves of £11.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Apr 2010
Turnover3,436,600,0002,333,000,0002,058,000,0002,013,500,0002,003,500,0001,948,800,0001,884,400,0001,790,400,0001,763,200,0001,697,800,0002,097,400,0002,500,300,0001,827,100,000
Other Income Or Grants
Cost Of Sales2,207,800,0001,479,300,0001,305,700,0001,215,400,0001,205,900,0001,154,800,0001,116,600,0001,064,600,0001,061,500,0001,062,600,0001,570,600,0001,689,800,0001,183,500,000
Gross Profit1,228,800,000853,700,000752,300,000798,100,000797,600,000794,000,000767,800,000725,800,000701,700,000635,200,000526,800,000810,500,000643,600,000
Admin Expenses920,300,000635,700,000603,400,000836,100,000759,400,000699,500,000592,900,000612,500,000649,300,000632,600,000810,800,0001,050,700,000719,400,000
Operating Profit308,500,000218,000,000148,900,000-38,000,00038,200,00094,500,000174,900,000113,300,00052,400,0002,600,000-284,000,000-240,200,000-75,800,000
Interest Payable265,000,000127,400,000121,700,000101,900,00090,600,00061,000,00060,000,00048,800,00012,600,00055,500,00071,700,00084,000,00067,400,000
Interest Receivable1,100,0004,000,000700,000600,000100,000100,000200,000100,0002,000,00052,700,00057,200,00073,200,00052,700,000
Pre-Tax Profit43,000,000132,500,00030,100,000-130,900,000-48,300,00043,600,000115,100,00073,000,00041,800,00013,100,000-300,500,000-242,100,000-87,200,000
Tax-15,600,00024,000,00023,200,0006,500,00022,200,00039,800,000-12,300,00036,900,000-27,900,000-1,100,000-3,000,000-18,700,000-900,000
Profit After Tax27,400,000156,500,00053,300,000-124,400,000-26,100,00083,400,000102,800,000109,900,00013,900,00012,000,000-303,500,000-260,800,000-88,100,000
Dividends Paid
Retained Profit27,400,000156,500,00053,300,000-124,400,000-26,100,00083,400,000102,800,000111,300,00013,900,00012,000,000-303,500,000-260,800,000-88,100,000
Employee Costs263,900,000182,700,000141,200,000150,500,000141,000,000144,900,000149,600,000131,600,000133,900,000124,300,000392,100,000530,500,000371,500,000
Number Of Employees3,4043,1063,1333,7053,7363,8893,8663,7663,8954,41614,33818,68816,206
EBITDA*404,300,000285,500,000205,600,0007,400,00070,700,000124,300,000204,700,000146,500,000110,300,00063,700,000-209,000,000-164,300,0009,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Apr 2010
Tangible Assets1,197,700,0001,432,800,0001,375,500,000335,900,000192,200,000147,100,000122,200,000140,900,000204,900,000210,600,000245,500,000414,500,000372,700,000
Intangible Assets365,100,000343,800,000335,100,000312,300,000348,700,000302,300,000270,200,000247,200,000205,000,000225,300,000242,600,000220,200,000223,700,000
Investments & Other23,000,00043,100,00043,600,0009,300,00014,400,00013,200,0008,500,00027,400,000
Debtors (Due After 1 year)1,100,500,0001,002,100,000965,000,000200,000
Total Fixed Assets1,562,800,0001,585,800,0001,537,200,000648,200,000540,900,000449,400,000392,400,000388,100,000419,200,000450,300,000501,300,000643,200,000624,000,000
Stock & work in progress147,700,000128,700,00096,300,000125,300,000134,800,000166,600,000159,100,000151,900,000129,000,000101,100,000107,400,000127,000,000124,300,000
Trade Debtors1,578,200,0001,350,300,0001,336,000,0001,379,400,0001,524,400,0001,463,400,0001,391,500,0001,340,200,00029,000,00028,300,00026,900,00096,700,00089,100,000
Group Debtors3,700,0002,900,000900,000755,600,000722,000,000557,800,000418,000,000100,000,00063,000,0009,000,0001,800,000
Misc Debtors266,600,000221,900,000233,300,000230,300,000195,100,000165,200,000148,300,000123,100,000108,900,00084,400,000110,900,000117,100,000105,900,000
Cash11,400,00088,400,000217,000,00025,800,000159,700,000120,100,00043,700,00021,000,00057,500,00012,800,00016,900,00011,800,000103,000,000
misc current assets3,300,0002,500,0006,600,0003,300,0002,000,0008,300,0001,900,000147,000,000211,100,000259,400,000272,800,000226,700,000
total current assets2,010,900,0001,793,700,0001,886,300,0002,523,000,0002,739,300,0002,475,100,0002,168,900,0001,738,100,000534,400,000446,700,000523,300,000625,400,000649,000,000
total assets3,573,700,0003,379,500,0003,423,500,0003,171,200,0003,280,200,0002,924,500,0002,561,300,0002,126,200,000953,600,000897,000,0001,024,600,0001,268,600,0001,273,000,000
Bank overdraft102,600,000102,800,00066,400,00085,500,000110,800,00098,400,00058,900,000145,800,000165,100,00097,000,000
Bank loan155,900,00016,100,00017,800,00013,700,00011,100,000
Trade Creditors 567,400,000415,000,000390,000,000356,200,000414,500,000366,100,000307,100,000269,100,000215,900,000204,300,000193,500,000204,200,000213,500,000
Group/Directors Accounts47,400,000
other short term finances7,500,00090,000,000150,000,0002,500,000
hp & lease commitments4,400,0009,600,0006,700,0001,500,0001,500,0001,300,000900,000400,0001,200,0002,600,0003,100,00012,400,0008,200,000
other current liabilities257,100,000359,600,000470,300,000525,400,000469,700,000307,500,000320,600,000331,600,000360,100,000336,600,000336,200,000377,400,000295,100,000
total current liabilities836,400,0001,030,100,0001,033,100,0001,003,500,0001,002,200,000752,400,000714,100,000711,900,000723,000,000604,900,000678,600,000759,100,000613,800,000
loans2,005,800,0004,216,800,0004,564,200,0001,392,000,0001,194,800,0001,099,200,0003,105,200,0002,446,400,00072,000,00058,900,00067,500,000169,600,000361,700,000
hp & lease commitments103,000,000116,000,00048,300,0001,600,0003,100,0003,100,0002,500,000200,000600,0001,700,0001,600,00019,800,00018,700,000
Accruals and Deferred Income27,100,00026,400,00030,700,00036,200,00035,800,00044,900,00053,300,00054,300,00036,100,00046,500,00048,600,00047,000,00027,600,000
other liabilities1,504,700,0001,372,600,0001,317,400,0001,228,800,0006,000,0006,100,0005,000,0007,100,0008,900,000
provisions18,800,00011,400,000130,600,000166,000,000255,200,000235,800,000134,200,000145,000,00027,300,00049,900,00090,900,00087,900,00066,900,000
total long term liabilities2,544,100,0002,140,500,0002,378,100,0002,187,800,0002,078,200,0001,941,200,0001,673,000,0001,350,000,000144,200,000166,500,000216,400,000336,400,000483,800,000
total liabilities3,380,500,0003,170,600,0003,411,200,0003,191,300,0003,080,400,0002,693,600,0002,387,100,0002,061,900,000867,200,000771,400,000895,000,0001,095,500,0001,097,600,000
net assets193,200,000208,900,00012,300,000-20,100,000199,800,000230,900,000174,200,00064,300,00086,400,000125,600,000129,600,000173,100,000175,400,000
total shareholders funds193,200,000208,900,00012,300,000-20,100,000199,800,000230,900,000174,200,00064,300,00086,400,000125,600,000129,600,000173,100,000175,400,000
Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Apr 2010
Operating Activities
Operating Profit308,500,000218,000,000148,900,000-38,000,00038,200,00094,500,000174,900,000113,300,00052,400,0002,600,000-284,000,000-240,200,000-75,800,000
Depreciation14,200,00012,700,00010,400,0002,500,0003,400,0004,900,0004,900,0007,500,00040,600,00042,400,00073,800,00077,600,00057,700,000
Amortisation81,600,00054,800,00046,300,00042,900,00029,100,00024,900,00024,900,00025,700,00017,300,00018,700,0001,200,000-1,700,00027,100,000
Tax-15,600,00024,000,00023,200,0006,500,00022,200,00039,800,000-12,300,00036,900,000-27,900,000-1,100,000-3,000,000-18,700,000-900,000
Stock19,000,00032,400,000-29,000,000-9,500,000-31,800,0007,500,0007,200,00022,900,00027,900,000-6,300,000-19,600,0002,700,000124,300,000
Debtors371,800,00042,000,000169,900,000-76,200,000255,100,000228,600,000394,500,0001,362,400,00079,200,000-17,900,000-74,200,00018,600,000195,200,000
Creditors152,400,00025,000,00033,800,000-58,300,00048,400,00059,000,00038,000,00053,200,00011,600,00010,800,000-10,700,000-9,300,000213,500,000
Accruals and Deferred Income-101,800,000-115,000,000-60,600,00056,100,000153,100,000-21,500,000-12,000,000-10,300,00013,100,000-1,700,000-39,600,000101,700,000322,700,000
Deferred Taxes & Provisions7,400,000-119,200,000-35,400,000-89,200,00019,400,000101,600,000-10,800,000117,700,000-22,600,000-41,000,0003,000,00021,000,00066,900,000
Cash flow from operations55,900,00025,900,00025,700,0008,200,00090,500,00067,100,000-194,100,000-1,041,300,000-22,600,00054,900,000-165,500,000-90,900,000291,700,000
Investing Activities
capital expenditure118,000,000-133,500,000-1,119,100,000-152,700,000-124,000,000-86,800,000-34,100,000-11,400,000-20,100,000-11,400,000-29,400,000-126,600,000-51,300,000
Change in Investments-20,100,000-500,00043,600,000-9,300,000-5,100,0001,200,0004,700,000-18,900,00027,400,000
cash flow from investments138,100,000-133,000,000-1,162,700,000-152,700,000-124,000,000-86,800,000-34,100,000-2,100,000-15,000,000-12,600,000-34,100,000-107,700,000-78,700,000
Financing Activities
Bank loans-155,900,000139,800,000-1,700,0004,100,0002,600,00011,100,000
Group/Directors Accounts-47,400,00047,400,000
Other Short Term Loans -82,500,000-60,000,000150,000,000-2,500,0002,500,000
Long term loans-2,211,000,000-347,400,0003,172,200,000197,200,00095,600,000-2,006,000,000658,800,0002,374,400,00013,100,000-8,600,000-102,100,000-192,100,000361,700,000
Hire Purchase and Lease Commitments-18,200,00070,600,00051,900,000-1,500,000200,0001,000,0002,800,000-1,200,000-2,500,000-400,000-27,500,0005,300,00026,900,000
other long term liabilities1,504,700,000-1,372,600,00055,200,00088,600,0001,228,800,000-6,000,000-100,0001,100,000-2,100,000-1,800,0008,900,000
share issue-43,100,00040,100,000-20,900,000-95,500,000-5,000,000-26,700,0007,100,000-133,400,000-53,100,000-16,000,000260,000,000258,500,000263,500,000
interest-263,900,000-123,400,000-121,000,000-101,300,000-90,500,000-60,900,000-59,800,000-48,700,000-10,600,000-2,800,000-14,500,000-10,800,000-14,700,000
cash flow from financing-1,269,900,000-280,300,0001,857,900,00058,200,00091,500,000-852,700,000608,900,0002,137,700,000-8,300,000-24,200,000113,800,00059,100,000646,300,000
cash and cash equivalents
cash-77,000,000-128,600,000191,200,000-133,900,00039,600,00076,400,00022,700,000-36,500,00044,700,000-4,100,0005,100,000-91,200,000103,000,000
overdraft-102,600,000-200,00036,400,000-19,100,000-25,300,00012,400,00039,500,000-86,900,000-19,300,00068,100,00097,000,000
change in cash-77,000,000-128,600,000293,800,000-133,700,0003,200,00095,500,00048,000,000-48,900,0005,200,00082,800,00024,400,000-159,300,0006,000,000

shop direct holdings limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Shop Direct Holdings Limited Competitor Analysis

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Perform a competitor analysis for shop direct holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in NW1 area or any other competitors across 12 key performance metrics.

shop direct holdings limited Ownership

SHOP DIRECT HOLDINGS LIMITED group structure

Shop Direct Holdings Limited has 2 subsidiary companies.

Ultimate parent company

LW HOLDINGS LTD

#0083103

1 parent

SHOP DIRECT HOLDINGS LIMITED

05059352

2 subsidiaries

SHOP DIRECT HOLDINGS LIMITED Shareholders

lw holdings ltd 100%

shop direct holdings limited directors

Shop Direct Holdings Limited currently has 4 directors. The longest serving directors include Mr Howard Barclay (Mar 2004) and Mr Philip Peters (Mar 2004).

officercountryagestartendrole
Mr Howard BarclayEngland65 years Mar 2004- Director
Mr Philip PetersEngland67 years Mar 2004- Director
Mr Aidan BarclayEngland69 years Mar 2004- Director
Mr Mark Newton-Jones57 years Sep 2005- Director

P&L

December 2022

turnover

3.4b

+47%

operating profit

308.5m

+42%

gross margin

35.8%

-2.28%

turnover

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

Balance Sheet

December 2022

net assets

193.2m

-0.08%

total assets

3.6b

+0.06%

cash

11.4m

-0.87%

net assets

Total assets minus all liabilities

shop direct holdings limited company details

company number

05059352

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

70100 - Activities of head offices

incorporation date

March 2004

age

21

incorporated

UK

ultimate parent company

LW HOLDINGS LTD

accounts

Group

last accounts submitted

December 2022

previous names

march uk limited (June 2012)

littlewoods shop direct group limited (May 2008)

See more

accountant

-

auditor

DELOITTE LLP

address

acre house 11-15 william road, london, NW1 3ER

Bank

-

Legal Advisor

-

shop direct holdings 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 found 3 charges/mortgages relating to shop direct holdings limited. Currently there are 1 open charges and 2 have been satisfied in the past.

shop direct holdings 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.

Click to start generating capital raising & share issue transactions for SHOP DIRECT HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.

shop direct holdings limited Companies House Filings - See Documents

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