The subsidiary undertakings of the Company are set out below. A schedule of interests in all undertakings is filed with the annual return.

Principal activityProportion of
share capital
Country of incorporation
Ocado Holdings LimitedHolding company100%England and Wales
Ocado Retail Limited (formerly Ocado Limited)Retail100%England and Wales
Ocado Information Technology LimitedIntellectual property100%Republic of Ireland
Ocado Polska Sp. Z.o.oTechnology100%Poland
Ocado Innovation LimitedTechnology100%England and Wales
Ocado Operating LimitedLogistics and Distribution100%England and Wales
Ocado Central Services LimitedBusiness services100%England and Wales
Speciality Stores LimitedNon-trading company100%England and Wales
Newco Beauty LimitedNon-trading company100%England and Wales
Jalapeno Partners LimitedNon-trading company100%England and Wales
Last Mile Technology LimitedNon-trading company100%England and Wales
Paws & Purrs LtdRetail100%England and Wales
Ocado Cell in Atlas Insurance PCC LimitedInsurance company100%Malta

In addition to the companies shown above, the Company also holds an investment in one other subsidiary undertaking, which in the Directors’ opinion does not significantly affect the figures in the Consolidated financial statements. In accordance with Section 410(2)(a) of the Companies Act, a full list of subsidiaries was annexed to the 2013 annual return and submitted to Companies House. A full list of subsidiaries will be submitted to Companies House in the 2014 annual return.

The Group has effective control over the financial and operating activities of the Ocado Cell and therefore consolidates the Ocado Cell in its financial statements in accordance with SIC 12 “Consolidation — Special Purpose Entities”. The Group uses the Ocado Cell to provide self-insurance for its vehicle fleet and public and product liability claims.