VS Series
Home Bargains v B&M
The bargain hunters' favourites, and which one makes the bargains pay
Home Bargains leads on 4 of the five measures that matter most: turnover, pre-tax profit, profit margin, growth and net assets. B&M is the biggest by turnover at £4,624m, against £4,545m at Home Bargains. Home Bargains keeps more of every £100 it takes, £11.51 as pre-tax profit.
The year ends are up to 9 months apart, so this compares each company's most recent filing rather than the same twelve months. Home Bargains files group accounts that include subsidiaries; B&M files for a single company, which flatters the group on size.
Accounts compared: Home Bargains to Jun 2025 · B&M to Mar 2026
Who they are
Home Bargains
T J Morris Group Limited · 14276776Home Bargains is a discount retailer selling well-known branded goods at low prices, from groceries, toiletries and cleaning products to toys, homeware and garden items.In brief: discount retailer · branded goods at low prices · own stores and online · family-owned, LiverpoolFull profile →B&M
B & M Retail Limited · 01357507B&M is a discount variety retailer selling groceries, household goods, homewares, garden products and toys at low prices.In brief: discount variety retailer · groceries and homewares · own stores in UK and France · listed parentFull profile →The Numbers
| # | Company | Turnover | Change | Pre-tax profit | Margin | Employees | Pay per head | Turnover per head | Net assets | Bank and cash | Accounts to | Basis |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | B&MB & M Retail Limited | £4,624m | +3.0% | £277m | 6.0% | 34,306 | £20,000 | £135,000 | £789m | £269m | Mar 2026 | Single company |
| 2 | Home BargainsT J Morris Group Limited | £4,545m | +7.9% | £523m | 11.5% | 29,232 | £22,000 | £155,000 | £2,647m | £350m | Jun 2025 | Group |
Ranked by turnover. Click any column to sort. The leader on each measure is highlighted. Movements are against each company's own prior year. Pre-tax profit is filed except where marked (est.).
Category winners
Biggest by turnover
B&M
£4,624m
Most pre-tax profit
Home Bargains
£523m
Highest profit margin
Home Bargains
11.5%
Fastest-growing turnover
Home Bargains
+7.9%
Biggest employer
B&M
34,306 staff
Highest pay per head
Home Bargains
£22,000
Most turnover per head
Home Bargains
£155,000
Largest net assets
Home Bargains
£2,647m
Most cash
Home Bargains
£350m
The Takeaway
- Home Bargains converts the most of its turnover. Of every £100, £11.51 reaches pre-tax profit, against £5.99 at B&M.
- B&M is the largest on the top line, £4,624m of turnover, 1.0x Home Bargains's £4,545m.
- Home Bargains is growing fastest, turnover +7.9% on its own prior year.
- B&M is the biggest employer with 34,306 people; Home Bargains pays the most per head, an average staff cost of about £22,000.
- Home Bargains has the largest balance sheet, net assets of £2,647m.
Who keeps the most of every £100 of sales?
Home Bargains keeps the most: £11.51 of every £100 of turnover becomes pre-tax profit. B&M keeps the least, £5.99.
Every profit figure here is the one the company filed.
The chart splits each company's turnover into £100: what goes on people, on interest and on everything else, and what is left as profit.
Out of every £100 of turnover
Each column is £100 of that company's own turnover, so companies of any size compare on one scale; the figures are pounds out of each £100, not millions. Companies run from the best margin to the worst. Payroll is staff costs, financing is interest paid, other running costs are everything else, and profit is pre-tax profit, filed or estimated as marked in the table. A loss is not an extra cost: it is the part of the costs that runs past the £100 line, marked with a red bracket. Hover over any segment for its figure.
Who is the biggest, and does the comparison hold?
By turnover the order is B&M (£4,624m), Home Bargains (£4,545m).
By headcount, B&M leads with 34,306 employees.
The comparison holds with the dates stated plainly: Home Bargains to Jun 2025, B&M to Mar 2026. The bases differ: group accounts include the businesses a company owns, single-company accounts do not.
Turnover on the latest filing
Who is growing fastest?
Home Bargains grew fastest, turnover +7.9% on its own prior year, ahead of B&M (+3.0%).
Turnover change on each company's own prior year
Who employs the most, who pays the most, and who brings in the most per head?
B&M employs the most, 34,306 people, against 29,232 at Home Bargains.
Home Bargains has the highest average staff cost, about £22,000 a head; B&M the lowest, about £20,000.
Home Bargains brings in the most turnover per employee, about £155,000, against £135,000 at B&M. It says as much about the business model as the workforce: a marketplace or a wholesaler needs far fewer people per pound than a restaurant or a gym.
Who owns each one?
Ownership as recorded on the Companies House register of people with significant control, in the bands the register uses.
Held by Mr Thomas Joseph Morris
An individual recorded as a person with significant control.
Who owns Home Bargains →
B & M Retail Limited · 01357507Held by E V Retail Limited
A company recorded as a person with significant control. 5 outstanding charges on the register.
Who owns B&M →
What does the full ledger show?
| Measure | Home Bargains | B&M |
|---|---|---|
| Registered name | T J MORRIS GROUP LIMITED | B & M RETAIL LIMITED |
| Company number | 14276776 | 01357507 |
| Incorporated | 2022 | 1978 |
| Accounts filed | 31 December 2025 | 7 August 2026 |
| Turnover, prior year | £4,214m | £4,489m |
| Pre-tax profit, prior year | £454m | £448m |
| Staff costs | £647m | £696m |
| Payroll share of turnover | 14.2% | 15.1% |
| Employees, prior year | 28,113 | 33,764 |
| Dividends paid | £66m | £75m |
| Charges outstanding | 0 | 5 |
A figure the filing does not disclose is shown as n/d; a zero in a filing is treated as not disclosed. Rounding: below £0.1m in thousands, £0.1m to £2m to one decimal place, above that to the nearest million.
Home Bargains v B&M: common questions
Who is the biggest of Home Bargains or B&M?
B&M, with turnover of £4,624m in the year to March 2026.
Which makes the most profit?
Home Bargains: £523m pre-tax in the year to June 2025.
Which employs the most people?
B&M, with 34,306 employees in its latest accounts.
Home Bargains or B&M: which is bigger?
B&M, with turnover of £4,624m against £4,545m at Home Bargains on their latest filings. On margin, Home Bargains keeps more of each £100 as pre-tax profit. The full head to head is in the VS Series. Read the VS page →
Where do these figures come from?
Each company's latest accounts filed at Companies House. Each links to its full Spark Intel profile, which names the filing it comes from.