SHS INTERNATIONAL LTD

1. SHS INTERNATIONAL LTD 1997-10-06 → present
2. SCIENTIFIC HOSPITAL SUPPLIES INTERNATIONAL LIMITED 1991-12-20 → 1997-10-06
3. POWELL & SCHOLEFIELD LIMITED 1910-10-06 → 1991-12-20

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company's business activities, together with the factors likely to affect its future development, performance and position, are set out in the Strategic Report. The Directors' Report outlines the future developments of the company and its exposures to price risk, credit risk, liquidity risk, and interest rate and cash flow risk. The company has considered its future performance through detailed forecasting and scenario analysis of potential adverse impacts. Although the company does not hold significant cash balances in its own name, it participates in a group-wide cash pooling arrangement. This provides the company with access to the group's centralised cash resources, enabling it to meet its liquidity requirements as they fall due. The company therefore has access to considerable financial resources. As a consequence, the directors believe that the company is well placed to manage its business risks successfully. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least the next 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. SHS INTERNATIONAL LTD · parent
   1. Nutricia Spain S.R.L 0.09% · Spain · Baby & Advanced Medical Nutrition products

Significant events

• “reduction in demand and production volumes”
• “increased logistical costs driven by wider macroeconomic factors”
• “Threat to the operations of the production facility at Wavertree Boulevard.”
• “Mono-sourcing in some critical supply areas of raw and packaging materials.”
• “Loss of Food and Drug Administration (FDA) accreditation.”
• “Product quality including micro-contamination.”
• “Danone have announced a €2 billion global climate acceleration plan, which in the next two years will further transform the agriculture, energy and operations, packaging, and digital capabilities. As part of its pledge towards carbon neutrality on its full value chain by 2050, Danone set intermediate greenhouse gas (GHG) reduction targets for 2030.”
• “In May 2024, the Company entered into a pension buy-in arrangement where an investment decision was made to exchange its invested pension assets with an insurance policy. The company contributed £607,000 to the buy-in.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.2%

  £163,184,000 → £146,493,000

• Cash

  —

  Not reported

• Net assets

  +15.3%

  £58,918,000 → £67,906,000

• Employees

  +0.5%

  392 → 394

• Operating profit

  -9.2%

  £22,064,000 → £20,032,000

• Profit before tax

  -7%

  £20,920,000 → £19,461,000

• Wages

  +3.6%

  £19,057,000 → £19,749,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers