Lord Kirkham was named as an investor in the new Tapi Carpets & Floors chain back at the time its first store was launched at Tooting in May.

But—with the filing of the emerging firm’s first annual return—the DFS founder’s involvement was perhaps understated at the time.

He is, it turns out, the largest single shareholder in the new Martin Harris-run chain, which is expanding its store footprint at a rapid rate with approaching 20 stores already open.

Lord Harris owns just over 20 per cent of the business, which launched in the spring with an equity investment approaching £5m and separate finance secured through Barclays Bank.

Martin Harris and Charles Harris combined own more of the business (27 per cent) while Sir Harry Djanogly and family—including his son Jonathan Djanogly, MP for Huntingdon—are thought to be the third largest shareholder group with over 12 per cent of the retailer’s shares.

The remainder of the business is split among more than three dozen shareholders, many of whom are also directors in the company. Lord Kirkham is not listed as being on the board of directors.