NEXT’s January 2026 report discloses a 51% interest in the Gap UK joint venture. This profile identifies that UK retail arrangement, not ownership of the worldwide Gap brand. [1][2][3]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
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Investors in Gap
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Norway's sovereign fund, managed by Norges Bank Investment Management. The percentage is equity ownership in the named listed issuer, rounded as published. Linked brands can be subsidiaries or portfolio businesses; this is not a direct brand stake or a complete shareholder list.
NEXT's consolidated corporation-tax payment is not split by country. The same parent-group filing is linked to NEXT and its associated brand profiles; it is not a separate payment by each brand, UK joint venture or concession. The financial statements cover 53 weeks, not a calendar year. The consolidated cash-flow statement reports GBP 233.1m corporation taxes paid. This one group amount is shared across the related profiles and includes international tax; it must not be added once for each brand.
United Kingdom53 weeks ended 31 January 2026
UK corporation tax paid
Not separately disclosedCash payment
NEXT plc multinational consolidated group Period ending 31 Jan 2026
NEXT's consolidated corporation-tax payment is not split by country. The same parent-group filing is linked to NEXT and its associated brand profiles; it is not a separate payment by each brand, UK joint venture or concession. The financial statements cover 53 weeks, not a calendar year. [5]
Consolidated group53 weeks ended 31 January 2026
Group income taxes paid
£233.1mCash payment
NEXT plc multinational consolidated group Period ending 31 Jan 2026
The consolidated cash-flow statement reports GBP 233.1m corporation taxes paid. This one group amount is shared across the related profiles and includes international tax; it must not be added once for each brand. [5]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.
Companies House · Legal name, company number, domestic company type and incorporation. UK registration does not establish headquarters or tax residence; a constituent jurisdiction is not inferred from a registered-office address.
Companies House · Consolidated cash-flow statement, PDF p.188 (printed p.186); tax payments and international tax timing, PDF p.55; explicit incorporation jurisdiction, PDF p.189