GLANBIA MILK LIMITED

1. GLANBIA MILK LIMITED 1999-05-04 → present
2. AVONMORE WATERFORD FOODS LIMITED 1998-04-01 → 1999-05-04
3. AVONMORE FOODS LIMITED 1990-03-15 → 1998-04-01
4. EDMUND BURKE & SONS(UNITED KINGDOM)LIMITED 1961-07-31 → 1990-03-15

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

Deloitte Ireland LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors reviewed the results for the financial year and the financial position at the financial year end and are satisfied that the Company has sufficient reserves to meet the expected costs of the Company over the next 12 months. Accordingly the Directors believe it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. GLANBIA MILK LIMITED · parent
   1. Avonmore Pension Plan Trustee Limited 100% · United Kingdom · Inactive
   2. Waterford Foods Trustee Company Limited 100% · United Kingdom · Inactive

Significant events

• “In 2021, the Trustee Boards of the pension plans completed a buy-in transaction whereby the assets of the plans were invested in a bulk purchase annuity policy with a third party UK pension insurance specialist. During 2023, the Trustee Boards completed a full buy-out of the plans, following which the insurance company became responsible for the plan obligations, and the associated defined benefit assets and matching defined benefit obligations were derecognised from the Company balance sheet.”

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

2

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

  +421%

  £109,516 → £570,538

• Cash

  -13.1%

  £3,545,892 → £3,081,762

• Net assets

  -16.3%

  £2,227,727 → £1,864,300

• Employees

  +200%

  1 → 3

• Operating profit

  +48.5%

  -£414,182 → -£213,151

• Profit before tax

  +79.3%

  -£2,196,218 → -£455,238

• Wages

  +271.7%

  £111,475 → £414,386

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