WARBURTONS LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has been impacted by the uncertain economic climate with changes in consumer trends and an increasingly competitive marketplace. Effective risk management has enabled the Company to achieve a trading result in line with plans. We remain exposed to volatility in commodity markets and foreign exchange movements but as highlighted in the Directors' report the Company has processes in place for managing these risks. The Company manages its working capital on a pooled basis. Following the refinancing process set out in note 20 in January 2025, the Group has secured bank facilities through to January 2028. The Group also has issued loan notes which will be repaid in April 2025 in line with their contractual term. The Group has prepared detailed forecasts for a period of at least 12 months from the approval of these financial statements and, taking account of reasonably possible changes in trading performance, demonstrate sufficient headroom on banking facilities and covenants and will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. WARBURTONS LIMITED · parent
   1. Warburton Foods Limited 100% · Canada · Technical services
   2. RBJ Foods Limited 100% · England and Wales · Dormant
   3. Warburtons Asset Management Ltd 100% · England and Wales · Dormant
   4. Burneys Limited 100% · England and Wales · Production and distribution of bakery products
   5. Warburtons Australia 2024 Pty Limited 100% · Australia · Administrative services

Significant events

• “The Group underwent a refinancing exercise and successfully negotiated an agreement on 23rd January 2025. The Revolving Credit Facility (RCF) of £65m was agreed on a 3-year term with a flexible 2 x 1 year extension option with a £35m accordion. This new facility replaces the existing £70m RCF agreement held at period end.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +4.2%

  £711,335,000 → £741,095,000

• Cash

  +106%

  £23,780,000 → £48,993,000

• Net assets

  +3.4%

  £472,055,000 → £488,061,000

• Employees

  +0.1%

  4,952 → 4,959

• Operating profit

  +2.2%

  £32,543,000 → £33,259,000

• Profit before tax

  +5.7%

  £29,807,000 → £31,509,000

• Wages

  +6.7%

  £205,281,000 → £219,080,000

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