Godfreys

OVERALL
Owned	AUS
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Floor care and cleaning retailer

Established 1931, the company is a specialty retailer of domestic and commercial floor care and cleaning products in Australia and New Zealand with company owned brands, an exclusively licensed brand (Hoovers) and a number of third party brands. They design, develop, coordinate manufacture, and sell wholesale, retail (212 stores in Australia) and online. Listed on the ASX in December 2014, but returning to private ownership in 2018.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Godfreys Group Ltd
		No tax paid in 2016/7 According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons. [Source 2018][More on Finance]

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