Since Poundworld was founded on a market stall in Yorkshire in 1964, the business has gone from strength to strength, spanning the length and breadth of the UK, with more than 330 stores and over 6,000 staff nationwide. Visited by over two million customers a week, Poundword stocks everything from groceries, pet care and DIY, to toys, stationery and electricals. Poundworld offers amazing value on leading brands, including the likes of Colgate, Johnson’s, Cadbury and Coca-Cola. You save more at Poundworld!
Type
Private
HQ
West Yorkshire, GB
Founded
1974
Size (employees)
645 (est)+7%
Poundworld was founded in 1974 and is headquartered in West Yorkshire, GB
Report incorrect company information

Key People/Management at Poundworld

Chris Edwards

Chris Edwards

CEO

Poundworld Office Locations

Poundworld has an office in West Yorkshire
Show all (1)
Report incorrect company information

Poundworld Financials and Metrics

Summary Metrics

Founding Date

1974

Total Funding

$44.6 m

Latest funding size

$44.60 m

Time since last funding

4 years ago

Investors

Poundworld's latest funding round in July 2014 was reported to be $44.6 m. In total, Poundworld has raised $44.6 m
Show all financial metrics

Poundworld Financials

Poundworld's revenue was reported to be £488.85 m in FY, 2017
GBP

Revenue (FY, 2017)

488.8 m

Gross profit (FY, 2017)

181.3 m

Gross profit margin (FY, 2017), %

37.1%

Net income (FY, 2017)

(15.5 m)

EBITDA (FY, 2017)

(5.4 m)

EBIT (FY, 2017)

(15.9 m)

Cash (31-Mar-2017)

593 k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

50.1 m67 m93.6 m132.9 m206.5 m293.8 m345.3 m422.3 m462.7 m488.8 m

Revenue growth, %

10%

Cost of goods sold

29.2 m40 m58.3 m80.9 m126.4 m182.2 m217.1 m260.7 m287.1 m307.6 m

Gross profit

20.9 m27 m35.4 m52 m80 m111.5 m128.1 m161.6 m175.6 m181.3 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

526.5 k2.6 m2.5 m3.9 m2.8 m1.7 m5 m5.6 m6 m593 k

Accounts Receivable

46 k117 k536.7 k669 k1.6 m1.4 m3.8 m4.7 m4.3 m3.2 m

Inventories

5.7 m7 m10.2 m19.4 m27.4 m36.2 m42.5 m54.2 m59.3 m57.9 m

Current Assets

7.6 m10.9 m14.6 m27.7 m38 m47.2 m57.5 m81.1 m85.2 m76.5 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

802.8 k850.8 k642.9 k2.6 m2 m1.1 m3.2 m18.6 m(5.1 m)(15.5 m)

Cash From Operating Activities

2.7 m3 m2.6 m8.3 m15 m11.3 m(694 k)17.6 m

Dividends Paid

335 k132 k153 k240 k276 k279 k234 k535 k

Cash From Financing Activities

(39.9 k)(11.5 k)1.6 m2 m1.9 m(591 k)9 m(913 k)
GBPY, 2017

Revenue/Employee

1.7 m

Debt/Equity

-1.9 x

Debt/Assets

0.1 x

Financial Leverage

-17.5 x
Show all financial metrics
Report incorrect company information

Poundworld Online and Social Media Presence

Embed Graph
Report incorrect company information

Poundworld News and Updates

UPDATE 2-British discount retailer Poundworld nears rescue - Sky News

LONDON, June 2 (Reuters) - British discount retailer Poundworld is close to a rescue deal with Alteri Investors, Sky News reported on Saturday, with the deal likely to be announced next week.

Alteri closes in on troubled Poundworld

Budget retailer Poundworld is close to a rescue deal with private equity buyout fund Alteri Investors, in a move which could kick off a major reorganisation of the company. Alteri, which is backed by Apollo Management, is finalising terms of a takeover according to Sky News. The deal is set to…

UPDATE 1-British discount retailer Poundworld nears rescue - Sky News

LONDON, June 2 (Reuters) - British discount retailer Poundworld is close to a rescue deal with former Austin Reed owner Alteri Investors, Sky News reported on Saturday, with the deal likely to be announced next week.

Troubles at Steinhoff prompt private equity bidders to circle Poundland

Speculation over the future of Poundland has attracted a pack of prospective private equity bidders ready to snap up the discount retailer. Buyout giants including Advent International, Bain, Clayton Dubilier & Rice, CVC and KKR are sniffing around the company in the expectation that it might…
Show more
Report incorrect company information