Mandis Business Intelligence Lidl Limited Company Profile Analysis

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Business Contact Details

Lidl Limited
19 Worple Road
London
SW19 4JS
Company No: 02816429
Employees: 9439
Telephone Number: 0208 9711100

Business Summary

Services to fellow group companies within the united kingdom.
Primary Activity: Retail Non-specialised Stores, Food, Beverages Or
Incorporation Date: 10 May 1993
Last Accounts Filed: 28 February 2010

Document Index

  1. Financial Information
  2. Employee Details
  3. News
  4. Key Ratios
  5. Market Information
  6. Executives

Credit Score

Mandis Credit Score: Caution, despite the high liquidity ratio (35)
Credit Industry Score: 25 (Caution)

Financial Information

Category Latest Previous Year 3 Year 4 Year 5
Total Turnover 167.9M 164.5M 146.7M 119.0M 104.9M
UK turnover 167.9M 164.5M 146.7M 119.0M 104.9M
Pre-tax profit 0.1M 0.1M 0.1M 0.1M 0.1M
Profit Margin 0.03% 0.05% 0.05% 0.06% 0.07%
Cash n/a n/a n/a n/a n/a
Debtors n/a n/a n/a n/a n/a
Debtor Days 0.0 days 0 days 0 days 0 days 0 days
Liquid Assets n/a n/a n/a n/a n/a
Creditors & Accruals n/a n/a n/a n/a n/a
Other Liabilities 8.0M 7.5M 8.1M 6.1M 5.7M
Short Term Loans/Overdrafts 0.1M 0.0M 0.0M 0.0M 0.1M
Liquid Liabilities 8.0M 7.5M 8.1M 6.2M 5.8M
Liquidity Ratio 0.00 0.00 0.00 0.00 0.00
Stock/WIP n/a n/a n/a n/a n/a
Stock Turn 0.0 days 0.0 days 0.0 days 0.0 days 0.0 days
Other Current Assets 8.5M 7.9M 8.5M 6.4M 6.0M
Current Ratio 1.05 0.00 1.04 1.04 1.04
Fixed Assets n/a n/a n/a n/a n/a
Long Term Loans/Overdrafts n/a n/a n/a n/a n/a
Net Assets 0.4M 0.4M 0.3M 0.3M 0.2M
Net Assets Renewal Days 3,029.5 days n/a 1,655.4 days 1,504.2 days 1,145.7 days
Creditor Days n/a n/a n/a n/a n/a

Employee Details

Category Latest Previous Year 3 Year 4 Year 5
Total Remuneration 165.8M 163.5M 144.9M 117.3M 103.7M
Employees 9,439 9,397 8,338 6,823 6,266
Average Salary 18K 17K 17K 17K 17K
Social Security Costs 13,510K 13,866K 12,599K 4,306K 7,842K
Pension Costs 29K 11K 43K 80K 69K
Total Salaries 152.3M 149.6M 132.3M 112.9M 95.8M
Sales Per Employee 17.78K 17.50K 17.60K 17.44K 16.74K
Profits Per Employee 0.01K 0.01K 0.01K 0.01K 0.01K
Average Cash 0.00K 0.00K 0.00K 0.00K 0.00K
Directors Emols 2,096K 1,939K 1,591K 1,473K 1,315K
Highest Amount Paid to Director 413K 478K 519K 456K 458K

News

19/04/2011 07:50:00 - Store Extension Confirmed - New Job Opportunities Forecast - Edmonton
Lidl has announced an extension to their store in north London based at Edmonton Green Shopping precinct. The outlet will grow by 50% of its present size to 13000 square feet overall. The development is being carried out by St Modwen. The Senior Development Manager at St Modwen, Gary Morris, said “Edmonton Green is thriving in what is still a period of market recovery. It is particularly positive that, as well as letting stores to new retailers, existing tenants such as Lidl are expanding in the centre. This is good news for Edmonton Green which continues to attract household names as footfall and demand increases.” A spokesman from Lidl remarked “Lidl has occupied the current unit since May 2008. We now look forward to opening a larger store shortly with an increased product offering and enhanced customer experience as well as offering new jobs for local people.”
14/04/2011 07:56:22 - New Store Summer 2012 - 30 New Jobs Expected - Pickering
Lidl has announced a new store for Pickering creating an estimated 30 new jobs for residents in the area. The shop is scheduled to open for business in the summer of 2012. A spokeswoman for Lidl stated “Lidl is working very closely with both Ryedale District Council and North Yorkshire County Council in respect of the opening of the new store at Pickering and the associated highway improvements. It is anticipated the store should open by summer 2012. This is later than originally scheduled due to the extensive highway improvements and the associated design work involved. Residents of Pickering can rest assured that Lidl is committed to these proposals and is working hard go open the store as soon as possible.”
11/04/2011 16:21:00 - New Store July 2011 - 40 New Jobs Expected - Christchurch
Lidl has announced a new store for Christchurch providing 40 jobs for the area. The shop is scheduled to open for business at the end of July, 2011. Construction workers are currently on site. A spokesman from Lidl said “There has been a delay due to the contract between ourselves and Ian Griffiths which gave Purewell Electrical 18 months to vacate and find alternative premises. Now they have moved down the road to the Meteor Retail Park we are very pleased to be starting work on our new store and look forward to opening in the summer.” Paul Riley, Christchurch Borough Council spokesperson, stated “This is really good news for the local economy, especially as it will be providing new jobs for people in the Grange ward hopefully. We hope this will help to revive Somerford Road and be the first of other investments in the area.”
04/04/2011 10:50:11 - Store Proposals Withdrawn - Job Opportunities Disappear - Hillingdon
Lidl has announced the withdrawal of their plans to open a new outlet in Hillingdon, Middlesex. Some concern was raised by residents and council officials with regard to increased traffic in the area which the new store would create. A new school is already proposed for the area which would add to the traffic congestion. Officials at Lidl withdrew the plans at the end of March 2011.
04/04/2011 07:57:13 - New Discount Store Planned - Creation of 40 New Jobs - Southampton
Discount supermarket chain Lidl are hoping to acquire land at Westridge Road, Portswood, creating 40 new jobs and improving parking facilities in the area. Opponents say it will put a strain on already congested roads, limit options for parking and force independent traders out of business. The council will sell the land, providing Lidl can get planning permission for the new store, which would involved demolishing other properties in St Denys Road, opposite a planned new Sainsbury's store to be built on the former bus depot. Independent traders are worried that their businesses would be affected as more pressure would be put on parking spaces.
17/03/2011 19:59:00 - 25 Jobs Created - Bicester, Oxfordshire - Store Opened
Lidl UK GmbH has opened a new store in Bicester, Oxfordshire, creating 25 new jobs. The store is the town's first discount supermarket. Regional director Martin Bailie said: “I think Bicester wanted something different and we are definitely going to give them something different. “It’s important for us being the first discount store. “Sainsbury’s and Aldi are also opening in Bicester, so it was important for us to get in first. “I’ve spoken to customers and they’ve said Tesco should not rule the roost. We are very proud of what we have done.”
14/03/2011 09:00:34 - New Store Autumn 2011 - 30 New Jobs Expected - Portishead
Lidl has announced a new supermarket to be built at Portishead, Somerset. The outlet is to form part of a larger development to include a Travelodge Hotel and Subway Sandwich shop. Outline plans show an 11500 square feet store; the site has been cleared and construction has commenced with the supermarket expected to open in time for the seasonal trade at the end of 2011. Approximately 30 new jobs are forecast.
08/03/2011 09:50:20 - New Supermarket March 2011 - 30 New Jobs Announced - Bicester
Lidl is to open a new supermarket at Bicester in March 2011. Around 30 new jobs are being created at the site. The store is to be built on the site of a former printing company - CCH Print Works - and it is hoped that the shop will attract further investment into the site. Extensive redevelopment and refurbishment has taken place over a period of months to transform the site from the a print production unit into a Lidl supermarket.
14/02/2011 09:55:38 - New Store Feb 2011 - 30 New Jobs Created - Salisbury
Lidl has opened a new store at Southampton Road, Salisbury creating around 30 new jobs at the site. The supermarket was opened by Mayor, Brian Dalton; covering around 1640 square metres stocked with the usual discounted goods sold through Lidl outlets. Lidl are to have input to the public travel services around the store, influencing the public to use pedal cycles and car share arrangements. Lidl will come up with £300,000 towards the scheme which will be taken over by a transport management company in due course.
17/01/2011 09:27:46 - New Supermarket Summer 2011 - 30 New Jobs Expected - Clitheroe
A new Lidl supermarket is being built at Shawbridge Street, Clitheroe. Construction workers are presently undertaking site preparation. 30 new jobs are expected, full and part time. A spokesman from Lidl said "We are on target for opening late summer. There has been a great deal of interest in our development from the local community and we are looking forward to our opening day." Plans show a 1000 square metre sales area with ample car parking space for 57 vehicles.


Key Ratios

Category Latest Previous Year 3 Year 4 Year 5
Total turnover 167.9M 164.5M 146.7M 119.0M 104.9M
Pre-tax profit 0.1M 0.1M 0.1M 0.1M 0.1M
Profit Margin 0.0% 0.0% 0.0% 0.1% 0.1%
Employees 9,439 9,397 8,338 6,823 6,266
Sales Per Employee 17.78K 17.50K 17.60K 17.44K 16.74K
Profits Per Employee 0.01K 0.01K 0.01K 0.01K 0.01K
Average Salary 17.57K 17.40K 17.38K 17.18K 16.55K
Average Cash 0.00K 0.00K 0.00K 0.00K 0.00K
Liquidity Ratio 0.00 0.00 0.00 0.00 0.00
Current Ratio 0.00 0.00 0.00 0.00 0.00
Net Asset Renewal Days 3,029.5 days 1,707.8 days 1,655.4 days 1,504.2 days 1,145.7 days
Highest Amount Paid to Director 413.0K 478.0K 519.0K 456.0K 458.0K
Debtor Days 0.0 days 0.0 days 0.0 days 0.0 days 0.0 days
Creditor Days 7,004.5 days 7,178.7 days 9,170.3 days 8,216.5 days 9,181.5 days

Market Information

5211 - Retail food drink tobacco
Lidl Limited operates within the Retailing and Wholesaling Sector. The Sector as a whole has experienced significant key trends.

Over the year sales in the Retailing and Wholesaling have decreased by 0.54% from 217,723m to 216,539m, whilst Sector profits have decreased by 1.80% from 10,320m to 10,135m. During the same period employee numbers in the Sector increased by 3.03% from 1,507,414 to 1,553,148, whilst Sector Sales per employee decreased by 3.47% from 144.4k to 139.4k and Sector Profits per employee decreased by 4.69% from 6.8k to 6.5k.

Executives

Position Name DOB Appointed Resigned
Director Ingo Fischer 02/05/1969 14/05/2009
56 Revell Road, Kingston, London, KT1 3SW
Director Conor Boyle 15/08/1977 01/01/2010
Managing Director Ronny Gottschlich 14/05/1975 02/09/2010
Director Alex Boening 29/06/1970 26/04/2002
62 Gladstone Road, Wimbledon, London, SW19 1QT
Director - Company Secretary Alex Boening 29/06/1970 26/04/2002
62 Gladstone Road, Wimbledon, London, SW19 1QT
Director Noel Nathan James Collett 21/12/1974 21/02/2003
14 Bramber House, Seven Kings Way, Kingston Upon Thames, Surrey, KT2 5BU
Managing Director Frank-Michael Michael Mros 15/09/1963 24/09/2009
Flat 8 Grosvenor Hill, Wimbledon, London, SW19 4RU


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