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On 30 October 2026, Supreme plc announced that its customer, Poundland Limited, has filed a formal notice of intention to appoint administrators. Supreme plc reported that proactive management measures taken over the preceding two weeks have limited its current net receivables exposure to Poundland to £460k. The company stated that it is not yet possible to reliably quantify the potential impact on its future profitability.
| Date | 30 Oct 2026 |
| Time | 10:40:26 |
| Category | Miscellaneous |
| ID | 1978B |
30 October 2026
Supreme plc
("Supreme," the "Company" or the "Group")
Poundland Limited - Notice of Intention to appoint Administrators
Supreme plc (AIM: SUP), a leading manufacturer, supplier and brand owner of fast-moving consumer goods, notes the announcement that Poundland Limited ("Poundland"), a customer of the Group, has filed a formal notice of intention to appoint administrators.
Since the initial developments were reported two weeks ago, the Group has taken proactive steps to manage and mitigate its financial exposure to Poundland. As a result of these measures, the Group's current net receivables exposure stands at £460k.
Given the ongoing uncertainty surrounding Poundland's future trading arrangements and the extent of its retail estate, it is not yet possible to reliably quantify the potential impact on the Group's future profitability. However, experience of similar circumstances has demonstrated that a significant proportion of consumer demand for the Group's products may be redirected through alternative retail channels, including other established retail partners and Supreme's own direct-to-consumer online platforms.
A further update will be provided in due course.
Enquiries:
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Supreme plc Sandy Chadha, Chief Executive Officer Suzanne Smith, Chief Finance Officer
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via Vigo Consulting |
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Shore Capital (Nominated Adviser and Broker) David Coaten / Mark Percy / George Payne - Corporate Advisory Ben Canning - Corporate Broking
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+44 (0)20 7408 4090 |
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Vigo Consulting (Financial Public Relations) Jeremy Garcia / Safia Colebrook / Georgina Moul [email protected] |
+44 (0)20 7390 0230 |
About Supreme
Supreme supplies products across three operating divisions: Vaping (previously known as 'Vaping' and 'Branded Distribution'), Drinks & Wellness ('Sports Nutrition & Wellness' combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously 'Batteries' and 'Lighting', also including the recently acquired 1001 cleaning brand). The Company's capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities. This vertically integrated platform provides an excellent route to market for well-known brands and products.
The Group has over 3,000 active business accounts with around 55,000 retail outlets. Customers include B&M, Home Bargains, Poundland, Tesco, Sainsbury's, Morrisons, Amazon, The Range, Costcutter, Asda, Halfords, Iceland, Waitrose, Aldi and HM Prison & Probation Service.
In addition to distributing globally-recognised brands such as Duracell, Energizer and Panasonic, and supplying lighting products exclusively under the Energizer, Eveready, Black & Decker and JCB licences across 45 countries, Supreme has also built a strong portfolio of in-house brands, most notably 88Vape. The Company has a growing footprint in Sports Nutrition & Wellness via its principal Sci-MX brand and has recently expanded into the soft drinks and hot beverages markets with the acquisitions of Typhoo Tea and Clearly Drinks and now into weight management through SlimFast, one of the UK's leading meal replacement brands.
https://investors.supreme.co.uk/