INSIGHTS - APRIL 2024

UK Retail Industry

UK Retail Industry Information

The retail industry covers the resale of new and used goods (mainly for personal or household consumption) by shops, department stores, stalls or mail-order houses.

Active Businesses

247,623

Annual Sales

£600bn +

Employees

3,376,099

Economic Contribution 

£110bn

Tags

Location of Retail Companies

Retail Companies by Size

79% Micro

19% Small

1% Large

1% Mid

0% Mega

Largest Retail Companies
Turnover
Tesco Plc
£65.8bn
Retail Companies by Age

37% Startup

30% Young

21% Established

12% Mature

0% New

Fastest Growing Retail Companies

39% Declining

20% Healthy

18% Rapid

14% High

9% Low

Fastest Growing Retail Companies
3yr CAGR

Retail Industry Competitive Environment - New Entrants vs Leavers

Retail Industry Valuation

EBITDA Multiple

Retail Industry Valuation

Turnover Multiple

Retail Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Retail trade, except of motor vehicles and motorcycles Industry Insights

There are 247,623 active Businesses in the UK with combined annual sales of £600 billion .

The Industry employs around 3,376,099 people and contributes £110 billion to the economy.

The most popular location for Retail companies is London with 70,212 and the fewest are located in Northern Ireland with 4,099.

The largest Retail company is Tesco Plc with a turnover of £65.8bn. 79% of the industry is comprised of Micro companies with only 1% Large companies.

12% of the Retail Industry is made up of 12% Mature but the majority are Startup businesses (37%) the oldest company is The Festiniog Railway Company founded in 1832.

Retail industry has a number of high growth companies (14%), the fastest growing company is Curv360 Limited with a 3 year growth rate of 179%. Other fast growing companies include Ovo Finance Ltd (175%), Balfe's Bikes Ltd (163%) and Unumplus Limited (160%).

The UK Retail Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.97x, Turnover multiple of 0.84x and a Net Asset multiple of 3.22x.