Who Owns
the Gaff?
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Retail

Next

Profile reviewed

Next: NEXT plc is the brand group identified in the reviewed disclosures. [1][2][3]

01 / Behind the name

Who owns Next?

Publicly listed parent · controlling interest [1][2][3]

  1. 01
    Brand group

    NEXT plc [1][2][3]

    As reported · 27 Sept 2026

This identifies the UK retail relationship. The global brand and the UK operator can have different ownership; see the brand-specific scope note. [1][2][3]

02 / On the map

Where is it based?

Brand group
NEXT plc [1][2]
Group headquarters
Enderby, Leicestershire, United Kingdom [1][2]
Parent incorporated in
England and Wales [5]

Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.

Follow the investment

Investors in Next

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.

Equity ownership

Government Pension Fund Global

Held entity · Next PLC

1.83%

Holdings snapshot ·

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.

Evidence · 2 sources

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03 / The figures, with context

What does it report in UK tax?

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.

Understand the measures

04 / Check our working

The public record.

Primary sources used in this profile. Company disclosures are attributed to the company; inclusion is not an independent audit.

  1. 01
    Company disclosure: corporate identity and ownership (opens in a new tab)

    nextplc.co.uk · Corporate identity, ownership and location disclosure; see the profile for the scope and remaining gaps

    Accessed 27 Sept 2026
  2. 02
    Annual report January 2026: Reiss 74.3% holding (opens in a new tab)

    nextplc.co.uk · Corporate identity, ownership and location disclosure; see the profile for the scope and remaining gaps

    Accessed 27 Sept 2026
  3. 03
    Westfield London retailer listing: location and trading name (opens in a new tab)

    westfield.com · Corporate identity, ownership and location disclosure; see the profile for the scope and remaining gaps

    Accessed 27 Sept 2026
  4. 04
    NEXT plc (04412362): company overview (opens in a new tab)

    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.

    Accessed 30 Sept 2026
  5. 05
    NEXT plc multinational consolidated group: filed accounts, 53 weeks ended 31 january 2026 (opens in a new tab)

    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

    Accessed 30 Sept 2026