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Company No. 00214436 · Incorporated 17 Jun 1926

Marks and Spencer P.L.C.

Registered name: MARKS AND SPENCER P.L.C.

Part of Marks and Spencer Group P.L.C. group

Marks and Spencer P.L.C. made £14bn revenue and £294m profit in the year to 28 Mar 2026.

Marks and Spencer P.L.C.’s revenue grew 2% to £14bn in the year to 28 Mar 2026, with £294m profit and 66,286 employees. The company is classified under “other retail sale in non-specialised stores” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores
Status
Active
Location
London, London
Age
100 yrs · since 1926
Type
Public Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 28 Mar 2026

Key figures

Revenue
£14bn
Growth ▲2.5%
Profit
£294m
Growth ▼49.9%
Profit margin
2.1%
 
Employees
66,286
Change ▲6%
Profit / employee
£4.4k
Revenue/employee £212k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to29 Mar 202428 Mar 202529 Mar 202528 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.9bn£13.7bn£13.7bn£14bn
Operating profit£775m£894m£894m£535m
Profit before tax£687m£797m£797m£421m
Profit after tax£448m£586m£586m£294m
Profit (best available)£448m£586m£586m£294m
Employees (average)63,33267,47862,54766,286
Ratios
Profit margin3.5%4.3%4.3%2.1%
Revenue per employee£204k£203k£219k£212k
Profit per employee£7.1k£8.7k£9.4k£4.4k
Growth (year on year)
Revenue growth—▲6.2%—▲2.5%
Profit growth—▲31%—▼49.9%
Headcount growth—▲6.6%—▲6%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2026Accounts · bulk data Sep 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£212k
Revenue ÷ average employees.
Profit per employee
£4.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
▲6%
Now 66,286
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Marks and Spencer Group P.L.C.ultimate parent75–100%
  2. Marks and Spencer P.L.C.this company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (37)

Sister companies (4)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 28 Mar 2026 (profit £294m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.