E D & F MAN SUGAR LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. E D & F MAN SUGAR LIMITED 1991-05-03 → present
2. E.D. & F. MAN (SUGAR) LIMITED 1977-12-31 → 1991-05-03
3. E.D. & F. MAN LIMITED 1950-12-08 → 1977-12-31

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe preparing the financial statements on a going concern basis is appropriate due to the Company's continued participation as obligors in the financial facilities of the parent company E D & F Man Commodities Limited. These facilities have been extended to 31 March 2026 and the directors have received confirmation that the Company will remain part of these facilities to support the Company as necessary until this date.”

Group structure

1. E D & F MAN SUGAR LIMITED · parent
   1. ED & F Man Brasil S.A. 100% · Brazil · Commodities distribution
   2. ED & F Man Ingredients s.r.o 100% · Czech Republic · Specialty commodities distribution
   3. Femis Limited 100% · England & Wales · Dormant
   4. LLC "E D & F Man" 100% · Russia · In liquidation
   5. Simba Commodities Limited 100% · Kenya · In liquidation
   6. IPSA Inversiones C.A. 43% · Venezuela · Holding company
   7. Agricola Las Vegas C.A. 43% · Venezuela · Holding company
   8. Vanzada C.A. 36% · Venezuela · Holding company

Significant events

• “The global macroeconomic environment continues to be a volatile and uncertain one. The Russian invasion of Ukraine, civil war in Sudan and the continuing conflict in the Middle East have been the main drivers of uncertainty. Increasingly, environmental factors are also contributing to the challenges faced by the Company.”
• “Although market prices fell overall during 2024, with intermittent price volatility during the year the directors continued to focus on the cash utilisation assessment process for new business to ensure working capital deployment successfully captured new profitable trading opportunities.”
• “During the prior year, the Company became aware of investigations by regulatory authorities into alleged historic breaches (prior to the financial years covered by these financial statements) of sanctions regulations in force against one particular territory.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +9.5%

  £2,273,675,315 → £2,489,353,595

• Cash

  +232.3%

  £15,513,714 → £51,558,933

• Net assets

  -15.6%

  £76,177,168 → £64,279,466

• Employees

  +12.5%

  48 → 54

• Operating profit

  -109.8%

  £58,985,915 → -£5,767,976

• Profit before tax

  -122.8%

  £56,444,033 → -£12,865,827

• Wages

  -17.4%

  £16,237,213 → £13,406,227

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