PILGRIM'S PRIDE LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-05 (in 2mo)
Last made up 2025-06-21
Watchouts
None on the register
Cash
£9M
+5,873% vs 2023
Net assets
£274M
-17.9% vs 2023
Employees
4,055
-12.4% vs 2023
Profit before tax
£45M
+1.9% vs 2023
Name history
Renamed 4 times since incorporation
- PILGRIM'S PRIDE LTD. 2020-08-28 → present
- TULIP LIMITED 2002-10-07 → 2020-08-28
- TULIP INTERNATIONAL (UK) BACON DIVISION LIMITED 1990-11-19 → 2002-10-07
- ESS-FOOD DANEPAK LIMITED 1983-12-30 → 1990-11-19
- DANEPAK LIMITED 1958-07-16 → 1983-12-30
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2024-12-29
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-29.
| Metric | Trend | 2023-12-31 | 2024-12-29 |
|---|---|---|---|
| Turnover | £1,258,560,000 | £1,174,307,000 | |
| Operating profit | £44,247,000 | £42,838,000 | |
| Profit before tax | £43,929,000 | £44,785,000 | |
| Net profit | £39,463,000 | £21,121,000 | |
| Cash | £152,000 | £9,079,000 | |
| Total assets less current liabilities | £342,317,000 | £286,171,000 | |
| Net assets | £333,790,000 | £273,975,000 | |
| Equity | £333,790,000 | £273,975,000 | |
| Average employees | 4,628 | 4,055 | |
| Wages | £148,754,000 | £142,423,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-29 |
|---|---|---|---|
| Operating margin | 3.5% | 3.6% | |
| Net margin | 3.1% | 1.8% | |
| Return on capital employed | 12.9% | 15.0% | |
| Gearing (liabilities / total assets) | 34.9% | 41.1% | |
| Current ratio | 1.45x | 1.28x | |
| Interest cover | 43.08x | 50.58x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- PILGRIM'S PRIDE LTD. · parent
- Pilgrim's UK Lamb Ltd 100%
- Adams Pork Products Limited 100%
- Belvoir Foods Limited 100%
- Dalehead Foods Limited 100%
- D. Blowers Limited 100%
- Easey Herds Limited 100%
- Easey Holdings Limited 100%
- Easey Pigs Limited 100%
- Easey Veterinary Services Limited 100%
- Geo Adams & Sons (Farms) Limited 100%
- Geo Adams & Sons Limited 100%
- Hamer International Limited 100%
- Plumrose Limited 100%
- PQP Holdings Ltd 100%
Significant events
- “On 15 November 2024, pursuant to the Companies Act 2006, the share premium of the Company was reduced by £374m from £574m to £200m.”
- “A dividend of £86,515k was paid in the period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 51 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERNANDES SIQUEIRA, Ivan, Mr. | Director | 2022-01-14 | Sep 1976 | Brazilian |
| GALVANONI, Matthew Robert | Director | 2021-09-07 | May 1972 | American |
| SANDRI, Fabio | Director | 2019-10-15 | Jul 1971 | Brazilian |
| SANTOS SILVA, Eduardo | Director | 2025-09-10 | Oct 1978 | Brazilian |
| WILKINS, Kirsty Ann, Mrs. | Director | 2024-03-05 | Oct 1969 | British |
Show 51 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRAKE, Richard Francis | Secretary | 1995-11-07 | 2000-01-28 |
| FORBES, Mark St John Graham | Secretary | 1992-01-08 | 1994-01-26 |
| JENSEN, Herluf | Secretary | 2007-09-28 | 2016-03-09 |
| JONES, Michael Ian | Secretary | 2000-01-28 | 2003-05-21 |
| KJELDSEN, Gert | Secretary | — | 1992-01-08 |
| LUDLOW, Timothy Michael James | Secretary | 1994-01-26 | 1995-11-07 |
| NORGAARD, Soren Borup | Secretary | 2005-01-19 | 2006-11-27 |
| PEDERSEN, Morten Bryder | Secretary | 2006-11-27 | 2007-09-28 |
| PLYTE, Mark Edward | Secretary | 2003-06-09 | 2004-06-28 |
| TERRY, Christopher Malcolm | Secretary | 2016-03-09 | 2016-12-31 |
| TREMBATH, David John | Secretary | 2004-06-28 | 2005-01-19 |
| ANDERSEN, Jorn Wendel | Director | 1991-09-27 | 1996-06-06 |
| ANDERSEN, Palle Joest | Director | 2012-02-02 | 2017-05-26 |
| BREDHOLT, Erik | Director | 2006-01-17 | 2019-10-15 |
| CRACKNELL, Andrew Michael James | Director | 2018-10-08 | 2022-02-28 |
| DRAKE, Richard Francis | Director | 1995-11-07 | 2000-01-28 |
| EDELMANN, Jesper Scheel | Director | — | 1991-09-27 |
| ENEVOLDSEN, Flemming Nyenstad | Director | 2010-11-03 | 2016-03-30 |
| FORBES, Mark St John Graham | Director | 1993-09-14 | 1996-12-09 |
| FRANCIS, Stephen Ronald William | Director | 2016-09-01 | 2018-06-05 |
| GILLILAND, Stewart Charles | Director | 2013-01-30 | 2016-01-29 |
| HANSEN, Hans Klejsgaard | Director | 2012-02-02 | 2013-09-04 |
| HANSEN, Hans Hartvig Klejsgard | Director | 2005-01-19 | 2007-01-17 |
| JAKOBSEN, Carsten Svejgaard | Director | 2002-10-01 | 2010-12-03 |
| JENSEN, Herluf | Director | 2001-01-23 | 2016-03-09 |
| JEPPESEN, Henrik | Director | 1993-09-15 | 2002-10-01 |
| JOHANNESEN, Kjeld | Director | 2005-01-19 | 2016-01-29 |
| JONES, Michael Ian | Director | 2001-04-01 | 2003-05-21 |
| KJELDSEN, Borge | Director | — | 1991-09-27 |
| KJELDSEN, Gert | Director | — | 1993-04-09 |
| KNUDSEN, Morten Schott, Mr. | Director | 2019-03-20 | 2025-09-05 |
| KROGSGAARD, Asger | Director | 2006-01-17 | 2012-02-02 |
| LASSEN, Bent Claudi | Director | 2005-01-19 | 2007-01-17 |
| LINDELOV, Flemming | Director | 1991-09-27 | 1996-06-06 |
| MIKKELSEN, Niels Gottrup | Director | 2005-01-19 | 2012-02-02 |
| MOELGAARD, Tommy Bro | Director | 2018-02-07 | 2019-02-15 |
| MOSELEY, James George | Director | 1993-09-15 | 1999-01-08 |
| MURRELLS, Steven Geoffrey | Director | 2010-12-03 | 2012-06-28 |
| PARKINSON, Charles Malcolm | Director | 2001-01-23 | 2002-12-31 |
| RASZTAR, Peter | Director | 1997-07-02 | 2001-01-23 |
| RASZTAR, Peter | Director | — | 1993-08-01 |
| RAVN, Peter Fallesen Kjaer | Director | 2017-05-26 | 2019-10-15 |
| ROACH, Charles Graham | Director | 2004-06-28 | 2013-03-08 |
| ROBINSON, Nicholas John | Director | 2024-03-05 | 2025-12-31 |
| SUNKE, Preben | Director | 2017-06-29 | 2019-10-15 |
| TALBRO, Niels | Director | 1991-09-27 | 1992-09-25 |
| TERRY, Christopher Malcolm, Mr. | Director | 2016-03-09 | 2016-12-31 |
| THOMAS, Christopher | Director | 2013-05-16 | 2016-10-24 |
| THOMSEN, Sven Arendt | Director | 2000-01-28 | 2001-12-14 |
| TIEDEMANN, Wilhelm Nicolai | Director | — | 1991-09-27 |
| VALEUR, Jais Stampe Li | Director | 2016-01-29 | 2019-10-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Onix Investments Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-10-15 | Active |
| Tulip International (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-10-15 |
Filing timeline
Last 20 of 275 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-22 | CH01 | officers | Change person director company with change date | |
| 2025-04-10 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-11-19 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-11-18 | SH20 | capital | Legacy | |
| 2024-11-18 | CAP-SS | insolvency | Legacy | |
| 2024-11-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | CH01 | officers | Change person director company with change date | |
| 2024-07-22 | CH01 | officers | Change person director company with change date | |
| 2024-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-29 vs 2023-12-31
-
Turnover
-6.7%
£1,258,560,000 £1,174,307,000
-
Cash
+5,873%
£152,000 £9,079,000
-
Net assets
-17.9%
£333,790,000 £273,975,000
-
Employees
-12.4%
4,628 4,055
-
Operating profit
-3.2%
£44,247,000 £42,838,000
-
Profit before tax
+1.9%
£43,929,000 £44,785,000
-
Wages
-4.3%
£148,754,000 £142,423,000
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
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.