J SAINSBURY PLC

Active | 00185647 | Public Limited Company
Report version 2 · Generated 5 Jul 2026, 23:31 UTC
External Screening 1

Checks performed: Companies House status, insolvency and charges registers; FCA Financial Services Register; Payment Practices reports. Matters the filing itself discloses — accounting-policy departures, commitments, concentrations, related-party balances — are covered in the model-generated commentary further down.

Clear on Companies House status, insolvency and charges registers and FCA Financial Services Register; 1 item to watch.

  • Watch Payment practices: no report published at a size the reporting duty appears to cover View
Register Cross-checks

Facts from the Companies House registers set beside these accounts. Each line states what the two sources record; none is a judgement.

Charges
No charge was created between the balance-sheet date (28 Feb 2026) and the date the accounts were filed (28 Feb 2026).
Officer resignations
No officer resigned in the 90 days after the accounts were filed (28 Feb 2026).
Control
The PSC register records no person with significant control.
Payment practices
No payment practices report is published under this company number. On both of its last two balance-sheet dates the company exceeded two of the three size thresholds for financial years beginning before 6 April 2025 (turnover over £36m, balance sheet over £18m, more than 250 employees) — turnover of £33,647.0m and total assets of £18,943.0m at 28 Feb 2026; turnover of £32,772.0m and total assets of £24,757.0m at 1 Mar 2025 — which is the test for the reporting duty, subject to the exemptions the regulations allow.
Executive Summary
Period ending 28 Feb 2026
Indicative risk rating Not rated — sector not yet calibrated RULE-BASED Review Recommended the commentary's claims and figures checked against the filing
Revenue £33,647.0m +2.7% vs prior period
Gross margin 6.6% -10bps vs prior period
Operating margin 2.7% -5bps vs prior period
Profit before tax £619.0m +2.0% vs prior period
Profit after tax £393.0m +55.3% vs prior period
Net Assets £6,150.0m -9.1% vs prior period
Cash £1,067.0m -52.0% vs prior period
Net cash from operations £1,774.0m +121.2% vs prior period
Dividends + own-share purchases £817.0m +60.8% vs prior period
Current Ratio 0.56 -0.19 vs prior period
Simple net borrowings (£6.0m) -99.5% vs prior period
Overall Commentary
MODEL-GENERATED

Note: This report covers an accounting period for which Companies House does not yet hold a filing. The figures were read from the machine-readable (iXBRL) tags in the company's annual report published on the FCA National Storage Mechanism, which the FCA serves ahead of Companies House.

Read the full commentary →
Company Overview
MODEL-GENERATED

Read from the strategic/directors' report in the filing; outlook statements are the directors' own.

The filing describes Sainsbury’s as focused on making food great value, high quality and sourced in partnership with farmers and producers. It serves customers through Sainsbury’s and Argos, with around 140,000 colleagues across the UK. The strategic narrative emphasises food, value, loyalty, supplier partnerships, communities and a UK operating footprint.

Operational highlights
  • The Chief Executive states that Sainsbury’s grew food volumes, gained market share and performed well in a highly competitive market.
  • The company has invested around £1.3 billion bringing prices down for customers over the last five years.
  • Nectar Prices and Your Nectar Prices are stated to help millions of households save around £450 a year.
  • Through its partnership with Comic Relief, Sainsbury’s has provided more than 60 million meals since 2022 and donated £8.7 million in the year through the partnership with Comic Relief.
  • More than 2,500 British and Irish farms will be backed by long-term contracts of between five and ten years, representing over £5 billion of committed investment and securing 3.1 million tonnes of homegrown fresh food.
  • The filing states that Sainsbury’s has around 140,000 colleagues across the UK and has increased pay for hourly paid colleagues by more than 40 per cent in the last five years.
Outlook (as stated by the directors)
  • The directors state that the Group continues to deliver momentum and progress through the Next Level plan.
  • The Chief Executive states that the Group is well placed to navigate challenges from uncertain global events and potential volatility.
  • The financial review states that the Group expects to generate more than £500 million of retail free cash flow in 2026/27.
  • The financial review states that expected core retail cash capital expenditure in 2026/27 is between £800 million and £850 million.
Financial Snapshot — 28 Feb 2026 (figures in £m)
NSM iXBRL
Net Assets £6,150.0m
Cash £1,067.0m
Current Ratio 0.56
Balance Sheet
Feb 2026 Mar 2025 Change
Fixed Assets 15,429.0 16,222.0 -4.9%
Current Assets 3,514.0 8,535.0 -58.8%
Inventories 1,987.0 1,946.0 +2.1%
Trade and other receivables 431.0 572.0 -24.7%
Cash at bank 1,067.0 2,222.0 -52.0%
Total Assets 18,943.0 24,757.0 -23.5%
Current Liabilities 6,331.0 11,384.0 -44.4%
Lease liabilities (current) 505.0 483.0 +4.6%
Net Current Assets (2,817.0) (2,849.0)
Total Assets Less Current Liabilities 12,612.0 13,373.0 -5.7%
Long-term Liabilities 6,462.0 6,608.0 -2.2%
Lease liabilities (non-current) 5,035.0 5,011.0 +0.5%
Total Liabilities 12,793.0 17,992.0 -28.9%
Net Assets 6,150.0 6,765.0 -9.1%
Simple net borrowings: (£6.0m). Total borrowings £1,061.0m less cash; excludes derivatives and short-term investments, so it differs from any company-reported “net debt”.
Income Statement
Feb 2026 Mar 2025 Change
Revenue 33,647.0 32,772.0 +2.7%
Cost of sales (31,441.0) (30,589.0) +2.8%
Gross profit 2,206.0 2,183.0 +1.1%
Gross margin 6.6% 6.7% -10bps
Operating profit 897.0 890.0 +0.8%
Operating margin 2.7% 2.7% -5bps
Finance income 64.0 67.0 -4.5%
Finance costs (342.0) (350.0) -2.3%
Profit before tax 619.0 607.0 +2.0%
Tax (205.0) (186.0) +10.2%
Profit after tax 393.0 253.0 +55.3%
Read from the filing's tags as printed. Unlike the balance sheet above, these lines have no internal identity to check them against — a balance sheet must add up and is withheld when it does not, whereas a missing or mis-tagged income-statement or cash-flow line cannot be caught the same way. Check them against the filed accounts before relying on them.
Cash Flow
Feb 2026 Mar 2025 Change
Net cash from operating activities 1,774.0 802.0 +121.2%
Capital expenditure (PP&E + intangibles) (843.0) (825.0) +2.2%
Net cash from investing activities (787.0) (787.0) 0.0%
Net cash from financing activities (1,424.0) (1,117.0) +27.5%
Dividends paid (566.0) (308.0) +83.8%
Purchase of own shares (251.0) (200.0) +25.5%
Lease liabilities paid (principal) (504.0) (487.0) +3.5%
Net change in cash (1,155.0) 243.0
Cash at year end 1,067.0 2,222.0 -52.0%
Read from the filing's tags as printed. Unlike the balance sheet above, these lines have no internal identity to check them against — a balance sheet must add up and is withheld when it does not, whereas a missing or mis-tagged income-statement or cash-flow line cannot be caught the same way. Check them against the filed accounts before relying on them.
Extraction confidence: 95% Extracted: 07/05/2026 23:31 Filing: fca-nsm:213800VGZAAJIKJ9Y484:2026-02-28
Financial History (Last 5 Years)
Balance sheet
Income statement
Not every year is read the same way: Mar 2025 comes from a later filing's comparative column (the issuer's own restatement).
Five-Year Summary (figures in £m)
Mar 2022 Mar 2023 Mar 2024 Mar 2025 Feb 2026
Turnover 29,895.0 31,491.0 32,700.0 32,772.0 33,647.0
Gross profit 2,366.0 2,004.0 2,336.0 2,183.0 2,206.0
Operating profit 1,156.0 562.0 532.0 890.0 897.0
Profit after tax 677.0 207.0 137.0 253.0 393.0
Net assets 8,423.0 7,253.0 6,868.0 6,765.0 6,150.0

Financial history beyond 5 years isn't shown for this company. Older accounts filed only as scanned images aren't processed, to manage report cost; filings with machine-readable (iXBRL) data are always included in full.

Market Data
LISTED COMPANY
Listing
J Sainsbury plc (SBRY.L, London)
Share price
345.4p +2.1% vs previous close
As of
30 Oct 2026, 16:35 UTC

Market data is sourced from public market feeds, not from the company's Companies House filings, and cannot be verified against them. Prices may be delayed and are provided for orientation only. View quote

Indicative Risk Rating RULE-BASED
Rule engine — not AI
No indicative rating is given for this company: the sector thresholds it would be rated against are seed heuristics that have not yet been reviewed or calibrated against sector data, so no band or rule is applied. The measures below are the filed figures, for reference; a rating will appear once the sector has been analysed. The AI commentary reads the filing's narrative and does not rate.

Sector profile: Retail (primary SIC 47110).

Indicative rating
Not rated — sector not yet calibrated
Assessed
07/05/2026 23:31
What the measures show
  • Total liabilities are 2.08× net assets, of which borrowings are £1,061.0m.
  • Current assets cover current liabilities 0.56 times; cash alone covers 17% of them, so the cover is in debtors (£431.0m) and stock (£1,987.0m).
  • Net assets of £6,150.0m are 32% of total assets (£18,943.0m).

The filed measures, computed deterministically from the balance sheet.

AI Intelligence Commentary MODEL-GENERATED
AI report · 07/05/2026 00:00 UTC
Review Recommended
2 warning 8 pass

Verification surfaced 1 item worth reviewing before relying on this report.

  • Warning Dividend split disclosed and reconciles · Deep Insights
    Minimal; the components sum to the tagged total.
Verified 5 Jul 2026 23:31 UTC
Field provenance: Deterministic XBRL · 36
Numeric balance-sheet fields are sourced from deterministic extraction — the filing's iXBRL tags, or the printed consolidated statements where the tags carry only the company column — and cannot be overwritten by the model. Hover a chip to see which fields it covers.
Overall Commentary

Note: This report covers an accounting period for which Companies House does not yet hold a filing. The figures were read from the machine-readable (iXBRL) tags in the company's annual report published on the FCA National Storage Mechanism, which the FCA serves ahead of Companies House. The extraction is deterministic, but no equivalent Companies House filing is yet available for comparison.

J Sainsbury plc appears solvent and operationally steady. It reported net assets of £6.150 billion, total assets of £18.943 billion and total liabilities of £12.793 billion at 28 February 2026. Cash and cash equivalents were £1.067 billion. Current liabilities of £6.331 billion exceeded current assets of £3.514 billion, but for a large food retailer this is a common working-capital pattern, supported by rapid stock turnover and supplier credit rather than an automatic sign of distress.

The main positives are scale, resilience and cash generation. Revenue was £33.647 billion, gross profit was £2.206 billion, operating profit was £897 million and profit for the financial year was £393 million. The cash-flow statement was also strong at the operating level, with net cash generated from operating activities of £1.774 billion.

The main points to watch are capital intensity, lease exposure and shareholder distributions. Total liabilities of £12.793 billion include current lease liabilities of £505 million and non-current lease liabilities of £5.035 billion. Dividends paid were £566 million, including an ordinary dividend of £316 million and a special dividend of £250 million in the filing text, and the company also spent £251 million buying back shares for cancellation; together, these cash returns exceeded profit for the financial year of £393 million.

Compared with the prior year, revenue rose from £32.772 billion to £33.647 billion, operating profit rose from £890 million to £897 million and profit for the financial year rose from £253 million to £393 million. Net assets fell from £6.765 billion to £6.150 billion, and cash and cash equivalents fell from £2.222 billion to £1.067 billion. The cash fall was not all from continuing trading: the total decrease in cash and cash equivalents was £1.155 billion, comprising a £437 million decrease from continuing operations and a £718 million decrease from discontinued operations.

This filing alone does not answer whether the current share price offers value, because it does not include market valuation, future consensus earnings or a full competitive benchmark. It also shows a business in transition, with Financial Services withdrawal, restructuring costs and a prior-period deferred tax restatement, so investors should separate recurring retail performance from one-off and non-underlying movements.

Solvency & Current State

Sector context (Retail): Large retailers commonly operate with current ratios below 1.0 and negative working capital, funded by fast inventory turnover and supplier credit; moderate leverage is normal and not a distress signal in isolation.

The Group had positive net assets of £6.150 billion at 28 February 2026, indicating balance-sheet solvency on the reported basis.

Current liabilities of £6.331 billion exceeded current assets of £3.514 billion. In the large food retail sector, negative working capital is normal and can reflect supplier-credit funding and fast inventory turnover rather than distress.

Cash and cash equivalents of £1.067 billion were explicitly disclosed in XBRL. The cash-flow statement shows net cash generated from operating activities of £1.774 billion, which is a significant mitigating factor for the sub-1 current ratio.

The directors adopted the going concern basis, and the filing states that the £1.000 billion Revolving Credit Facility was undrawn at 28 February 2026.

Total liabilities ÷ equity (gearing): 2.08x.

Performance Trends

Statutory revenue increased from £32.772 billion in 2025 to £33.647 billion in 2026, indicating modest top-line growth in a highly competitive retail market.

Gross profit increased from £2.183 billion to £2.206 billion, while operating profit increased from £890 million to £897 million; margin progression was therefore limited rather than transformational.

Profit before tax increased from £607 million to £619 million, and profit for the financial year increased from £253 million to £393 million, helped by a smaller loss after tax from discontinued operations in 2026 than in 2025.

The current ratio remained below 1 in both years. For a large grocery retailer, that is sector-normal and should be interpreted alongside operating cash generation and supplier-credit working-capital dynamics.

Cash and cash equivalents reduced from £2.222 billion to £1.067 billion, while the year’s total cash decrease of £1.155 billion included a £718 million decrease from discontinued operations.

Turnover grew 2.7% in 2026 vs 2025.

Equity declined 9.1% in 2026 vs 2025.

Current ratio weakened to 0.56x in 2026 from 0.75x in 2025.

Auditor Notes
  • The independent auditor gave an unqualified opinion: the financial statements give a true and fair view and were properly prepared in accordance with the relevant accounting frameworks and Companies Act 2006 requirements.
  • PricewaterhouseCoopers LLP was appointed auditor with effect from July 2025, replacing Ernst & Young LLP; the 52 weeks ended 28 February 2026 was PricewaterhouseCoopers LLP’s first year as external auditor of the Group and Company.
  • The auditor reported full-scope audits of six components, including the Company, and coverage of approximately 99% of Group revenue.
  • Key audit matters were valuation of Home Retail Group goodwill, valuation of the Sainsbury’s Pension Scheme, valuation of deferred taxes relating to property, plant and equipment, and carrying value of investments in the Company financial statements.
  • The filing describes prior-period restatements relating to deferred tax, balance-sheet line-item presentation and discontinued operations/reclassification to non-underlying items.
Going Concern
  • The directors adopted the going concern basis and stated that the Group has sufficient resources to continue for at least 12 months from approval of the financial statements; the assessment period runs to 10 September 2027.
  • The filing states that the Group’s £1.000 billion Revolving Credit Facility was undrawn at 28 February 2026, providing standby liquidity.
  • The viability statement says the directors have a reasonable expectation that the Group will be able to continue in operation and meet liabilities as they fall due over the three years to February 2029.
  • The company-stated retail net debt was £5.743 billion at 28 February 2026, including lease liabilities of £5.540 billion. The filing states net debt to EBITDA remained stable within the targeted leverage range of 3.0x to 2.4x.
  • Negative working capital is present, but this is normal for a large retailer and is mitigated by £1.774 billion of net cash generated from operating activities in 2026.
Notable Items

Unusual Items

  • Continuing non-underlying items reduced profit before tax by £99 million in 2026; this included Financial Services model costs, retail restructuring programmes, impairment of non-financial assets, pensions and other items.
  • Loss after tax from discontinued operations was £21 million in 2026, compared with a £168 million loss in 2025, reflecting the Financial Services withdrawal and discontinued operations context described in the filing.
  • Dividends paid were £566 million, comprising an ordinary dividend of £316 million and a special dividend of £250 million in the filing text; this total exceeded profit for the financial year of £393 million before considering the additional £251 million purchase of own shares for cancellation.
  • The Group recorded other comprehensive income before tax losses on remeasurements of defined benefit plans of £265 million in 2026, contributing to the fall in net assets.
  • The comparative period was restated for deferred tax, including a misclassification of assets between those impacting deferred tax and those which do not, and omitted tax effects of prior-year impairments and disposals.

Related Party Transactions

  • The supplied facts and excerpts do not identify material director-related transactions requiring investment concern.
  • The pension asset-backed contribution structure involves properties transferred into Sainsbury’s Property Holdings Limited, a wholly owned subsidiary, and a partnership in which the pension scheme holds an interest; the filing explains that the partnership is controlled by Sainsbury’s and consolidated by the Group.
  • No off-market related-party funding arrangement is evident from the supplied XBRL facts and excerpts.
Interested Party Insights
  • PricewaterhouseCoopers LLP was appointed auditor with effect from July 2025, replacing Ernst & Young LLP.
  • Adrian Hennah was appointed on 3 July 2025 and Brian Cassin retired on 3 July 2025.
  • Katie Bickerstaffe and Steve Hare were appointed on 3 July 2025.
  • The Group continued its phased withdrawal from Financial Services, with discontinued operations presented in the financial statements.
  • [Lender] Total liabilities ÷ equity (gearing) is 2.08x (moderate leverage).
  • [Investor] +2.7% revenue growth in 2026.
Directors and Officers 11 active
Name Role Appointed Resigned Nationality Other Companies
BERGIN, Blathnaid director 2023-03-05 — Irish 4 active 12 inactive View
BERTRAM, Joanna director 2022-07-07 — British 2 active 23 inactive View
BICKERSTAFFE, Kate director 2025-07-03 — British 4 active 0 inactive View
GRANT, Nicolas secretary 2024-07-05 — 1 active 0 inactive View
HARE, Stephen director 2025-07-03 — British 1 active 0 inactive View
HARLOW, Jo Nell director 2017-09-11 — American 3 active 3 inactive View
HENNAH, Adrian director 2021-04-01 — British 1 active 0 inactive View
KAPILASHRAMI, Tanuj director 2020-07-01 — British 4 active 1 inactive View
ROBERTS, Simon John director 2020-06-01 — British 2 active 1 inactive View
SCICLUNA, Martin Anthony director 2018-11-01 — British 1 active 0 inactive View
WEED, Keith Charles Frederick director 2020-07-01 — British 4 active 2 inactive View
ADRIANO, Dino Baia director — 2000-05-26 United Kingdom — View
ADSHEAD, John Edwin director — 2004-03-27 British — View
ASHWORTH, John Michael, Sir director 1993-03-15 1997-07-09 British — View
BARNES, Joseph Harry George director — 1993-07-07 British — View
BREMNER, David Murray director 1996-08-19 2000-03-09 British — View
BRITTIN, Matthew John director 2011-01-27 2020-07-02 British — View
BULL, George Jeffrey, Sir director 1998-04-20 2004-03-27 British — View
BUTLER WHEELHOUSE, Keith Oliver director 1999-09-23 2004-09-17 American — View
CASSIN, Brian Jude director 2016-04-01 2025-07-03 Irish — View
CLAPHAM, David John director 1992-10-12 1999-05-14 British — View
CLARK, Robert Angus director — 1995-04-28 British — View
COOPER, Robert director — 1998-11-20 British — View
COULL, Ian David director — 2002-12-31 British — View
COUPE, Michael Andrew director 2007-08-01 2020-07-02 British — View
DAVIS, Peter John, Sir director 2000-03-01 2004-07-01 British — View
DE MOLLER, June Frances director 1999-09-23 2005-09-01 British — View
DUNDAS, James Frederick Trevor director 2000-09-01 2007-02-02 British — View
ECCLES OF MOULTON, Diana Catherine, Lady director — 1995-07-05 British — View
FALLOWFIELD, Timothy secretary 2001-11-21 2024-07-05 British — View
FORD, Anna director 2006-05-02 2012-12-31 British — View
GOODING, Valerie Frances director 2007-01-11 2011-07-13 British — View
HAMPTON, Philip Roy director 2004-07-19 2009-10-31 British — View
HARRIS, Mary Elaine director 2007-08-01 2017-07-05 British — View
MATTHEWS, Nigel Frederick secretary — 2001-11-21 British — View
Charges and Securities 8 outstanding 17 satisfied
25 total
# Status Created Delivered Satisfied Persons Entitled Details
32 fully-satisfied 2006-03-30 2006-04-06 2023-03-21 Law Debenture Corporate Services Limited for Itself and on Behalf of the Bond Guarantor Secured Creditors
31 outstanding 2006-03-30 2006-04-06 — Law Debenture Corporate Services Limited for Itself and on Behalf of the Bond Guarantor Secured Creditors Particulars: The company charges the portfolio meaning, the charged shares and the related rights. Charged shares means all the shares in the share capital of sainsbury propco d limited reg no:5676370. Related assets means all dividends, interest and other monies. See the mortgage charge document for full details.
30 outstanding 2006-03-24 2006-03-31 — The Bank of New York (For Itself and on Behalf of the Other Borrower Secured Creditors) Particulars: The charged portfolio with full title guarantee and by way of fixed charge in favour of the borrower security trustee to hold the same on trust for the borrower secured creditors for the payment and discharge of the chargor secured obligations. See the mortgage charge document for full details.
29 fully-satisfied 2006-03-24 2006-03-31 2018-04-20 The Bank of New York (For Itself and on Behalf of the Other Borrower Secured Creditors)
28 outstanding 1993-09-06 1993-09-07 — Bass Holdings Limited Particulars: F/H property k/a land adjoining the drove, newhaven, east sussex. See the mortgage charge document for full details.
27 fully-satisfied 1993-03-31 1993-04-03 2005-04-15 Gec Avery Limited
25 fully-satisfied 1992-08-26 1992-08-29 1993-05-29 The Secretary of State for Health
26 fully-satisfied 1992-08-20 1992-09-03 2005-04-15 Secretary of State for Health
24 fully-satisfied 1992-03-13 1992-03-25 1995-03-09 Alliance Assurance Company Limited as Trustees for Holders of the Stock
23 outstanding 1992-03-13 1992-03-25 — Alliance Assurance Company Limited as Trustees for Holders of the Stock Particulars: L/H land at pitsea main centre basildon together with the supermarkets erected thereon and together with the buildings fixtures (including trade fixtures but excluding tenants fixtures) fittings and fixed plant and machinery see 395 for full details.
22 fully-satisfied 1991-11-27 1991-12-04 1994-10-19 Walter Llewellyn & Sons Limited
21 fully-satisfied 1991-09-27 1991-10-09 2005-04-15 Balmpower Limited.
20 fully-satisfied 1990-11-30 1990-12-04 1991-11-19 Wimpley Homes (Holdings) Limited, R. Green (Brighton) Limited.
19 outstanding 1990-10-05 1990-10-23 — Alliance Assurance Company Limited Particulars: An absolute assignment by the company of all the rights, title and interest in and to the sum of £4,800,000 deposited in the name of the company in account no. 20737882 with bank of scotland (see form 395 for full details).
18 fully-satisfied 1989-07-12 1989-08-01 1991-10-17 The Secretary of State for Health
17 fully-satisfied 1989-07-06 1989-07-10 1991-11-19 Wimpey Homes Holdings Limited, R. Green (Brighton) Limited.
16 fully-satisfied 1989-06-30 1989-07-07 1991-10-18 Bovis Homes Limited
15 fully-satisfied 1989-05-26 1989-05-31 1991-10-04 Harris Distribution Limited.
14 outstanding 1989-05-10 1989-05-20 — Alliance Assurance Company Limited. Particulars: F/H -land and buildings at 9, 9A, 11 and part of no 13 chapel road worthing sussex. £2,000,000 in cash being the gross proceeds of sale of the above mentioned property.
13 outstanding 1989-05-10 1989-05-20 — Alliance Assurance Company Limited. Particulars: £3,000,000 in cash being the gross proceeds of sale of the following property f/h- land and buildings on the south east side of victoria road surbiton, surrey title no sgl 62309.
12 fully-satisfied 1989-02-13 1989-02-17 1995-03-09 Alliance Assurance Company Limited.
11 fully-satisfied 1989-01-25 1989-01-26 1990-10-23 Haywards Heath Market PLC
10 fully-satisfied 1988-11-10 1988-11-24 1990-03-02 E Ward (Wellingborough) Limited
9 fully-satisfied 1988-11-01 1988-11-03 2005-04-15 Jerric Properties.
8 outstanding 1985-07-26 1985-08-05 — Alliance Assurance Company Limited Particulars: (1) all that l/h land at christchurch dorset on the south eastern side of the christchurch by-pass tn: dt 768279 together with the supermarket erected thereon. (2) all that l/h land at pitsen main centre, basildon. (3) the buildings fixtures (including trade fixtures) fittings fixed plant and machinery on the above property.
Mortgage and Charge Filing History 25 filings
Date Type Description
2023-03-21 MR04 Satisfaction of a charge
2018-04-20 MR04 Satisfaction of a charge
2006-04-06 395 legacy
2006-04-06 395 legacy
2006-03-31 395 legacy
2006-03-31 395 legacy
2005-04-15 403a legacy
2005-04-15 403a legacy
2005-04-15 403a legacy
2005-04-15 403a legacy
1995-03-09 403a legacy
1995-03-09 403a legacy
1994-10-19 403a legacy
1993-09-07 395 legacy
1993-05-29 403a legacy
1993-04-03 395 legacy
1992-09-03 395 legacy
1992-08-29 395 legacy
1992-03-25 395 legacy
1992-03-25 395 legacy
1992-02-19 403a legacy
1991-12-04 395 legacy
1991-11-19 403a legacy
1991-11-19 403a legacy
1991-10-18 403a legacy
FCA Authorisation No longer registered as an Appointed Representative
The matched FCA firm is No longer registered as an Appointed Representative. This is an Appointed Representative record — a firm acting under another authorised firm's permissions. Such arrangements routinely begin and end, so this is shown for completeness, not as a red flag.
Firm
J Sainsbury Plc
FRN
461672
Status
No longer registered as an Appointed Representative (Former)
Business type
Appointed Representative
Name match — verify it's the same entity View on FS Register
Bottom Line RULE-BASED
  • No indicative risk rating: the thresholds for this company's sector have not yet been calibrated, so the report gives the filed measures and no judgement; verification: Review Recommended (the commentary's claims and figures checked against the filing).
  • External screening: 1 item to watch — see the External Screening section.
  • Register cross-checks: no payment practices report is published, at a size the reporting duty appears to cover — see the Register Cross-checks section.
  • For the period ending 28 Feb 2026: revenue £33,647.0m (+2.7%), profit after tax £393.0m (+55.3%).
  • Net assets £6,150.0m (-9.1%); cash £1,067.0m; net cash from operating activities £1,774.0m (+121.2%).
  • 8 registered charges are outstanding.

Compiled deterministically from the filing figures, the rule-based risk engine and the screening checks in this report. The AI Intelligence Commentary section carries the model's own assessment.

Age
103 years
Incorporated 10 Nov 1922
Size Classification
Large (Group)
Above the medium-sized thresholds: turnover over £54M or balance sheet over £27M (£36M / £18M before April 2025)
Confirmation Statement
Submitted Last: 25 Jul 2026 Next due: 8 Aug 2027
Accounts
Submitted Period: 3 Mar 2024 – 1 Mar 2025 Type: GROUP Next due: 6 Sep 2027
Company Details
Current profile

The fields below come from the current Companies House profile (synced 5 Jul 2026 23:29 UTC). They describe the company today and may differ from the registered address, SIC codes, or jurisdiction recorded on a historical filing shown elsewhere in this report.

Registered Address (current)
33 CHARTERHOUSE STREET, LONDON, EC1M 6HA, ENGLAND
SIC Codes
47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Jurisdiction
England and Wales
Has Charges
Yes
Insolvency history
No
Last Synced
5 Jul 2026 23:29
Evidence & Sources
Section Source Details
Company Profile Companies House — Name, status, address, SIC codes, jurisdiction, charges, insolvency history Synced 5 Jul 2026 23:29 UTC
Accounts & Confirmation Companies House Filing History — Accounts type, period, overdue status, confirmation dates GROUP
Size Classification Derived from Companies House accounts type category (Companies Act 2006 thresholds for micro, small, medium, large entities) Large (Group)
Financial Snapshot FCA National Storage Mechanism — tagged ESEF annual report (iXBRL) — Period ending 28 Feb 2026 95% confidence
Extracted 5 Jul 2026 23:31 UTC
Financial History Compiled from 6 filing extractions (Mar 2021 – Feb 2026) — incl. FCA NSM tagged ESEF Avg confidence 87%
Risk Assessment Deterministic risk engine — Rule-based analysis of balance sheet ratios, filing compliance, and insolvency indicators Assessed 5 Jul 2026 23:31 UTC
AI Commentary AI model: gpt-5.5-2026-04-23 — Tier: AI report
AI-generated from financial snapshot data and filing documents. Solvency notes, trend narratives, risk flags, going concern signals, and director questions are all produced by the AI model and should be verified against the original filings. 		93% confidence
5 Jul 2026 00:00 UTC
Company profile and filing metadata originate from Companies House, the UK's official registrar of companies. Tagged financial figures are sourced from the FCA National Storage Mechanism (ESEF iXBRL); other figures are extracted from Companies House filed accounts (iXBRL where available, otherwise PDF). Confidence scores reflect extraction reliability — higher scores indicate structured iXBRL (tagged) data; lower scores indicate PDF-derived estimates. AI commentary is machine-generated and may contain inaccuracies.
Calculation Provenance

Figures in this report that were derived (rather than read directly from the filing) are listed below with their formulas and signed inputs, so every computed number can be independently verified.

Supports Formula Inputs Result
/Metrics/CurrentRatio CurrentAssets / CurrentLiabilities
  • CurrentAssets = 8,535,000,000
  • CurrentLiabilities = 11,384,000,000
0.75
/Metrics/CurrentRatio CurrentAssets / CurrentLiabilities
  • CurrentAssets = 3,514,000,000
  • CurrentLiabilities = 6,331,000,000
0.56
/Metrics/LiabilitiesToEquity /CurrentState/SolvencyNotes TotalLiabilities / NetEquity
  • TotalLiabilities = 12,793,000,000
  • NetEquity = 6,150,000,000
2.08
/CurrentState/TotalAssets FixedAssets + CurrentAssets
  • FixedAssets = 15,429,000,000
  • CurrentAssets = 3,514,000,000
18,943,000,000
/CurrentState/TotalLiabilities CurrentLiabilities + LongTermLiabilities
  • CurrentLiabilities = 6,331,000,000
  • LongTermLiabilities = 6,462,000,000
12,793,000,000
Verification Appendix

Complete list of independent verifier findings against the original filing. Each entry cites filing evidence and, where applicable, a suggested action. The verifier runs after the generator and may surface issues the generator missed.

Issues 1
  • Warning numeric_mismatch · Deep Insights
    Report says ordinary dividend was £316m and special £250m, but the tagged financing/SOCE dividends-paid total is £566m — 316+250=566 reconciles, yet the £316m ordinary figure is the retail cash-flow presentation, not the £566m group figure.
    ifrs-full:DividendsPaid / DividendsPaidClassifiedAsFinancingActivities = 566,000,000. The filing's retail cash flow shows ordinary £316m + special £250m = £566m. The report presents both the £566m total and the £316m/£250m split; these reconcile. This is a disclosed aggregation rather than a genuine disagreement, so severity is limited to a note.
    Filing evidence: Dividends paid on ordinary shares (316) ... Special dividend paid (250)
    Suggested action: Note that the £316m/£250m split comes from the Summary retail cash flow (page 38) while the £566m total is the group DividendsPaid fact; the two are consistent (316+250=566) so no correction is needed to the total.
Notes 1
  • Warning missing_context · Prior Period State
    Prior-year retained earnings £4.529bn is the restated figure (previously reported £4.415bn); the report correctly uses the restated basis but does not flag the restatement at this field.
    The report's PriorPeriodState RetainedEarnings of 4,529,000,000 matches the current filing's restated comparative fact (c-8), which is the correct basis. The report discloses restatements elsewhere (UnusualItems, RisksAndFlags) so context is largely present.
    Filing evidence: Retained earnings | 3,930 ... 4,52 9 (restated*); ifrs-full:RetainedEarnings = 4529000000, c-8, 2025-03-01
    Suggested action: Consider noting at the retained-earnings field that the 2025 comparative (£4,529m) is restated (+£114m opening adjustment) vs the previously reported £4,415m.
Positive Checks 8
  • Pass numeric_match · Current State
    Total assets of £18.943bn at 28 February 2026 matches the tagged ifrs-full:Assets fact for the consolidated group.
    Report /CurrentState/TotalAssets = 18,943,000,000 agrees with the tagged consolidated fact ifrs-full:Assets (18,943,000,000) at instant 2026-02-28. Prior-year 24,757,000,000 also matches ifrs-full:Assets at 2025-03-01.
    Filing evidence: ifrs-full:Assets = 18943000000 GBP, contextRef c-7, instant 2026-02-28
    Suggested action: No action needed.
  • Pass reconciliation_match · Balance Sheet
    Net equity of £6.150bn reconciles with total assets £18.943bn less total liabilities £12.793bn and matches the tagged equity fact.
    18,943 − 12,793 = 6,150. ifrs-full:Equity/NetAssetsLiabilities = 6,150,000,000 at 2026-02-28 confirms /CurrentState/NetEquity. Current + long-term liabilities (6,331 + 6,462 = 12,793) also reconcile to total liabilities.
    Filing evidence: Net assets | 6,15 0 ... Total equity shareholders' funds | 6,15 0; ifrs-full:NetAssetsLiabilities = 6150000000, c-7
    Suggested action: No action needed.
  • Pass numeric_match · Performance Over Time
    Revenue £33.647bn (2026) and restated comparative £32.772bn match the tagged total Revenue facts.
    Report uses 32,772m for 2025, which is the current filing's RESTATED comparative (c-6), not the previously reported 32,812m shown in note 2.1. Using the restated basis for both YoY figures is correct and yields a consistent 2.7% growth rate.
    Filing evidence: ifrs-full:Revenue = 33647000000 GBP, c-1, 2025-03-02 to 2026-02-28; prior 32772000000, c-6, 2024-03-03 to 2025-03-01
    Suggested action: No action needed.
  • Pass numeric_match · Current State
    Cash and cash equivalents of £1.067bn (2026) and £2.222bn (2025) match tagged balance-sheet cash facts.
    Balance-sheet cash 1,067m matches ifrs-full:CashAndCashEquivalents at 2026-02-28. The cash-flow statement closing figure of 1,066m (net of £1m overdraft) is separately consistent with the filing.
    Filing evidence: ifrs-full:CashAndCashEquivalents = 1067000000 GBP, c-7, 2026-02-28; 2222000000, c-8, 2025-03-01
    Suggested action: No action needed.
  • Pass numeric_match · Cash Flow
    Net cash generated from operating activities of £1.774bn (2026) and £802m (2025) match the tagged continuing-operations facts.
    Report metric 1,774m (2026) and 802m (2025) agree with ifrs-full:CashFlowsFromUsedInOperatingActivities. Note both are the CONTINUING-operations figures; the report labels them plainly as 'net cash generated from operating activities' which matches the filing's line label.
    Filing evidence: ifrs-full:CashFlowsFromUsedInOperatingActivities = 1774000000 GBP, c-1; 802000000, c-6
    Suggested action: No action needed.
  • Pass numeric_match · Narrative
    The narrative cash-movement split (−£437m continuing, −£718m discontinued, −£1,155m total) matches tagged facts and the cash-flow statement.
    −437 + −718 = −1,155, matching ifrs-full:IncreaseDecreaseInCashAndCashEquivalents (−1,155,000,000) and the discontinued/continuing split facts. The narrative correctly attributes most of the decline to discontinued operations.
    Filing evidence: Continuing operations (4 37); Discontinued operations (7 1 8); Total (decrease)/increase in cash and cash equivalents (1,1 5 5)
    Suggested action: No action needed.
  • Pass positive_confirmation · Deep Insights
    The report's statement of an unqualified audit opinion by PwC, first-year appointment, and ~99% revenue coverage matches the auditor's report text.
    Filing confirms unqualified opinion, PwC appointed July 2025 replacing EY, first year as auditor, and full-scope components covering ~99% of Group revenue. All four AuditorNotes claims are supported verbatim.
    Filing evidence: In our opinion ... give a true and fair view of the state of the Group's and of the Company's affairs as at 28 February 2026
    Suggested action: No action needed.
  • Pass numeric_match · Metrics
    Basic EPS of £0.173 (2026) and £0.109 (2025) match the tagged total (continuing + discontinued) basic EPS facts.
    Report uses the total basic EPS (0.173 / 0.109), not the continuing-operations EPS (0.182 / 0.181). Both are tagged; the report's choice of the total measure is a correct mapping to the tagged BasicEarningsLossPerShare fact.
    Filing evidence: ifrs-full:BasicEarningsLossPerShare = 0.173 GBP/shares, c-1; 0.109, c-6
    Suggested action: No action needed.
Verified 5 Jul 2026 23:31 UTC · Label policy result-label-v2

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