GILLETT'S (CALLINGTON) LIMITED
Company number 02019776 · Monitor this company
Executive summary
Gillett's (Callington) Limited is a significant Spar-affiliated convenience store operator generating approximately £97m in revenue but is materially underperforming its sector, with an operating margin of -7.0% against an industry norm of +2-4%. The business faces a convergence of structural headwinds—discounter encroachment, tobacco/vape volume decline, and accelerating labour costs—that have driven a 69% erosion in net assets over two years and prompted the owners to classify the business as held for sale. While the company possesses meaningful scale and brand affiliation, the balance sheet fragility, persistent losses, and ongoing goodwill impairments indicate a business whose acquisition-based growth strategy has not delivered the anticipated returns, and whose future likely lies in consolidation by a better-capitalised competitor rather than standalone recovery.
Shareholders' funds
£5,755
Balance sheet as at 2025-09-26
What it does
Management of retail stores
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1986-05-15
- Employees
- 528 (2025 accounts · was 610 in 2024)
- Registered office
- Moorlands Trading Estate, Saltash, Cornwall, England, PL12 6LX
- Postcode
- PL12 6LX
- Capital
- 100 GBP
- Accounts category
- Full
- Charges
- 56 outstanding
Accounts
- Last made up to
- 2025-09-26
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2025-09-05
- Next due by
- 2026-09-19
Nature of business (SIC)
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Officers 5 current · 13 resigned
Group structure
Controlled by GCL 2016 LIMITED — since 2016-09-07
From persons-with-significant-control filings on the public register.
Gender pay gap
1.46%
Women's median hourly pay below men's, 2025/26 · in the top quarter for parity
Previous company names
| Name | Date changed |
|---|---|
| AGEPINE LIMITED | 1986-10-23 |
Previous registered addresses 6
| Address | Changed on |
|---|---|
| THE GRANARY BEECHING PARK, KELLY BRAY, CALLINGTON, CORNWALL, PL17 8QS | 2016-07-21 |
| 21 FORE STREET, CALLINGTON, CORNWALL, PL17 7AD | 2008-09-18 |
| PRICEWATER HOUSE COOPERS, MIDLAND HOUSE, NOTTE STREET, PLYMOUTH PL1 2EJ | 1999-10-22 |
| PRICEWATER HOUSE COOPERS, MIDLAND HOUSE, NOTTE STREET, PLYMOUTH PL1 2EJ | 1999-10-22 |
| COOPERS AND LYBRAND, MUTLEY HOUSE, 23 PRINCESS STREET PLYMOUTH, DEVON PL1 2HE | 1992-05-15 |
| 47 BRUNSWICK PLACE, LONDON, N1 6EE | 1986-10-23 |
Among its peers
The largest employer
of 82 similar companies in PL, with 528 staff. 2nd oldest of its local peers.
Competitors Plymouth
-
5. JSJJ LTD
This company ranks 65 among retail sale in non-specialised stores with food, beverages or tobacco predominating in Plymouth.
The class of 1986
51%
of the 18,365 companies incorporated in 1986 are still active today; 42% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 88 titles
- Freehold
- 1
- Leasehold
- 87
- Most recent registration
- 2026-03-13
- Price paid, where recorded
- £343,000
- Where
- Devon (28), Cornwall (21), Hampshire (10)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| CL394156 | Cornwall | Leasehold | 2026-03-13 | — |
| CL393844 | Cornwall | Leasehold | 2026-02-19 | — |
| DN777217 | City Of Plymouth | Leasehold | 2025-03-17 | — |
| DN770362 | Devon | Leasehold | 2024-06-26 | — |
| DN768533 | Devon | Leasehold | 2024-05-09 | — |
| DN766180 | Devon | Leasehold | 2024-01-15 | — |
| SH44354 | Hampshire | Leasehold | 2023-10-03 | — |
| DN758911 | Devon | Leasehold | 2023-04-18 | — |
| PM39223 | Portsmouth | Leasehold | 2023-03-14 | — |
| DT444860 | Bournemouth, Christchurch And Poole | Leasehold | 2023-02-20 | — |
| IW85467 | Isle Of Wight | Leasehold | 2023-02-17 | — |
| HP813081 | Hampshire | Leasehold | 2023-02-02 | — |
| HP813082 | Hampshire | Leasehold | 2023-01-24 | — |
| DN756065 | Devon | Leasehold | 2023-01-17 | — |
| DT473427 | Bournemouth, Christchurch And Poole | Leasehold | 2022-12-23 | — |
| DN754773 | City Of Plymouth | Leasehold | 2022-12-07 | — |
| HP818438 | Hampshire | Leasehold | 2022-11-14 | — |
| HP818439 | Hampshire | Leasehold | 2022-11-14 | — |
| HP836712 | Hampshire | Leasehold | 2022-11-09 | — |
| HP841214 | Hampshire | Leasehold | 2022-11-09 | — |
Showing 20 of 88.
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.