TJX UK
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Cash
£309m
+28.7% highest in 3 filed years
Net assets
£909m
+12.5% highest in 3 filed years
Employees
25,389
-0.3% vs 2025
Profit before tax
£237m
+101.8% highest in 3 filed years
Watch the reel
Our short-form breakdown of TJX UK's latest filing
TK Maxx in the UK saw sales rise to £4.16bn, but a rising wage bill squeezed their operating profit. 📉👕
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-02-03 | 2025-02-01 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,026,900,000 | £4,159,100,000 | £4,354,300,000 | +4.7% | |
| Operating profit | £110,800,000 | £103,000,000 | £186,200,000 | +80.8% | |
| Profit before tax | £120,700,000 | £117,600,000 | £237,300,000 | +101.8% | |
| Net profit | £102,900,000 | £97,700,000 | £201,500,000 | +106.2% | |
| Cash | £165,600,000 | £239,700,000 | £308,600,000 | +28.7% | |
| Total assets less current liabilities | £917,100,000 | £1,030,500,000 | £1,088,100,000 | +5.6% | |
| Net assets | £757,600,000 | £808,000,000 | £909,300,000 | +12.5% | |
| Equity | £757,600,000 | £808,000,000 | £909,300,000 | +12.5% | |
| Average employees | 25,935 | 25,463 | 25,389 | -0.3% | |
| Wages | £592,600,000 | £621,400,000 | £648,200,000 | +4.3% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-03 | 2025-02-01 | 2026-01-31 |
|---|---|---|---|---|
| Operating margin | 2.8% | 2.5% | 4.3% | |
| Net margin | 2.6% | 2.3% | 4.6% | |
| Return on capital employed | 12.1% | 10.0% | 17.1% | |
| Gearing (liabilities / total assets) | 56.6% | 54.0% | 49.0% | |
| Current ratio | 1.45x | 1.66x | 1.80x | |
| Interest cover | 10.86x | 18.73x | 32.10x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- TJX UK 2008-03-12 → present
- TK MAXX 1995-08-18 → 2008-03-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support from the Ultimate Parent Company.”
Group structure
- TJX UK · parent
- TJX Europe Buying (Deutschland) Limited 100%
- TJX Europe Buying (Polska) Limited 100%
- TJX Europe Buying Limited 100%
- TJX Europe Buying Group Limited 100%
- TJX European Distribution Sp. z o.o. 100%
Significant events
- “The directors approved and paid dividends of £56.0m during the year (2025: £nil).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLARD JR, Patrick Joseph | Secretary | 2026-06-16 | — | — |
| KELLY, Alicia Colarte | Secretary | 2008-06-03 | — | — |
| AVERILL, David Lawrence | Director | 2012-10-19 | Jan 1967 | American |
| FARRELL, Erica Michelle | Director | 2019-05-09 | Feb 1973 | American |
| MIESZCZANSKI, Christopher Joseph | Director | 2023-04-11 | Mar 1968 | American |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEAUMONT, Susan | Secretary | 2005-06-07 | 2024-03-08 |
| MCCAULEY, Ann | Secretary | 2005-06-07 | 2017-02-02 |
| MELTZER, Jay Howard | Secretary | 1996-06-04 | 2005-06-07 |
| SCHWARTZ, Lisa | Secretary | 2005-06-07 | 2026-06-16 |
| TUFFY, William Patrick | Secretary | 1995-08-18 | 1996-06-04 |
| APPEL, Alfred | Director | 2006-06-06 | 2012-10-19 |
| BARRON, Arnold | Director | 2004-06-28 | 2006-06-06 |
| CAMMARATA, Bernard | Director | 2005-09-14 | 2006-03-21 |
| CAMMARATA, Bernard | Director | 1996-06-04 | 2000-04-17 |
| CAMPBELL, Donald Graham | Director | 1996-06-04 | 2004-06-28 |
| ENGLISH, Edmond Joseph | Director | 1998-02-23 | 2005-09-13 |
| GOLDENBERG, Scott Lawrence | Director | 2012-10-19 | 2015-10-23 |
| KLINGER, John Joseph | Director | 2015-10-23 | 2023-04-11 |
| LESSER, Richard | Director | 1996-06-04 | 2001-12-06 |
| MACMILLAN, Michael Callum | Director | 2012-01-29 | 2015-10-23 |
| NAYLOR, Jeffrey | Director | 2004-06-28 | 2012-10-19 |
| REYNOLDS, Mary Blier | Director | 2006-06-06 | 2019-05-09 |
| SMITH, Alexander Wilfred | Director | 1995-08-18 | 2004-06-28 |
| SWEETENHAM, Paul David | Director | 2002-01-22 | 2012-01-28 |
| WILMOT, Joseph Paul | Director | 2010-12-16 | 2011-10-14 |
| WILMOT, Joseph Paul | Director | 2010-01-07 | 2011-01-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tjx International Holding Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2026-02-05 | Active |
| Tjx Europe Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 169 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-13 RESOLUTIONS Resolution
- 2026-02-13 MA Memorandum articles
- 2026-02-04 MA Memorandum articles
- 2026-01-28 MA Memorandum articles
- 2026-01-28 RESOLUTIONS Resolution
- 2026-01-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-15 | AA | accounts | Accounts with accounts type full | |
| 2026-08-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-08-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-08-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-07-30 | CH01 | officers | Change person director company with change date | |
| 2026-06-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-06-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-13 | SH08 | capital | Capital name of class of shares | |
| 2026-02-13 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-02-13 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-13 | MA | incorporation | Memorandum articles | |
| 2026-02-04 | MA | incorporation | Memorandum articles | |
| 2026-01-28 | MA | incorporation | Memorandum articles | |
| 2026-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-30 | CH03 | officers | Change person secretary company with change date | |
| 2025-11-21 | CH01 | officers | Change person director company with change date | |
| 2025-11-21 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.