Who Owns Home Bargains?

Home Bargains is owned by Tom Morris, who opened the first shop in Liverpool in 1976 and still controls the company outright. Companies House names Mr Thomas Joseph Morris at 75% or more. His direct entry on the trading company ceased in 2023 — which looks like an exit and is not: a holding company was inserted, and he controls that. Ownership verified 6 September 2026.

Who owns Home Bargains today?

The trading company is T. J. MORRIS LIMITED (01505036), incorporated 30 June 1980 and registered at Axis Business Park, Gillmoss, Liverpool. Home Bargains is its trading name; the company carries the founder’s initials.

Its person with significant control is T J Morris Group Limited (14276776), holding 75% or more since 20 June 2024.

That group company’s own register names Mr Thomas Joseph Morris, British, with 75% or more of shares and voting rights and the right to appoint or remove directors, notified 31 January 2024.

Ultimate parent and corporate structure

There is no parent above Tom Morris. The chain is short and ends in a person — increasingly rare among businesses of this size, and the reason Home Bargains is one of the largest privately held retailers in Britain.

The structure was rebuilt recently. On the trading company, the PSC record reads:

• Mr Thomas Joseph Morris — 75%+ of shares, from 6 April 2016, ceased 23 October 2023
• T J Morris (Investments) Ltd — 23 October 2023 to 20 June 2024
• T J Morris Group Limited — from 20 June 2024

Read alone, the 2023 cessation says the founder stopped controlling the company. He did not. Holding companies were interposed above the trading business, and he sits at the top of them.

This is the fourth instance of that pattern documented on this site, after Au Vodka, Salford City and Macclesfield. A cessation means a person no longer meets the PSC conditions at that company — nothing more. Every cessation on this site is now checked one level up before anything is written.

Major shareholders or controlling persons

Tom Morris is the controlling shareholder. Ms Bernadette Clare Young is recorded as having held 75% or more of the group company from 4 August 2022 until 31 January 2024, when Morris’s entry begins — an intermediate step in the same reorganisation rather than a change of ownership of the business.

Family members have held directorships, and the business has always been described as family-run. Beyond that the register gives bands, not percentages, so the internal split is not public.

There is no private equity investor, no listing and no outside shareholder. Home Bargains has grown from retained profits rather than external capital, which is unusual for a chain of its scale.

Official records and evidence

Companies House answers this one well: the chain is short, every company is UK-registered, and the ultimate controller is a named individual rather than an offshore vehicle or a statement that nobody qualifies.

Because the group is private, its accounts are the only financial disclosure, and they are filed at Companies House rather than announced to a market. There is no FCA notification trail and no annual report of the kind a listed company publishes.

The register also carries a long tail of related companies at the same Liverpool address — T.J. Morris Properties, T J Morris Brewing, T.J. Morris (Scot), T J Morris Converting — which is how a private group commonly separates property, logistics and trading.

Ownership history and changes

Tom Morris opened his first shop in Old Swan, Liverpool, in 1976, aged 21, and incorporated the company in 1980. The Home Bargains name came later; the business traded as Home Bargains and TJ Morris for years.

It has never been sold, never floated, and never taken outside investment. The only ownership events on the register are the internal reorganisations of 2022 to 2024, which moved the founder’s holding from the trading company up into a group structure — typically done for succession, tax or financing reasons, and not a transfer of control.

Related companies and brands

The group trades as Home Bargains and holds property, brewing, converting and Scottish operating companies under the T J Morris name.

It has no connection to B&M, its closest competitor, which is a listed company registered in Luxembourg, nor to Poundland, owned separately, nor to The Range or Wilko. Discount retailers are frequently assumed to share owners and generally do not.