UK numbers for 2016–17 now due in three months
Stakeholders and observers of Steinhoff's British businesses will have a longer wait to pore over 2016–17 figures after it enacted an across-the-board year-end change for its operating companies here.


The South Africa headquartered conglomerate has more than 70 registered limited companies in the UK, all of which were due to lodge year to September 30, 2017 accounts with the UK Companies Registrar at the end of last week.

That is no longer the case, after it shortened the year-end by a single day for companies providing full disclosure, such as its UK furniture and bedding retail operations and those holding its manufacturing interests such as its Cambridgeshire and Somerset bed factories.

Accounts for the year to September 29, 2017 are now due towards the end of September, assuming the group doesn't effect another change. Though there are limitations on extending accounting periods, UK companies can shorten their year-end as many times as they wish.

Unaudited interim group results released Friday revealed a series of restatements, as the international group continues to reconcile historic accounting irregularities.

Steinhoff filed year to September 30, 2017 accounts for dormant UK companies and those disclosing limited financial information.

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