SLEAFORD QUALITY FOODS LIMITED

• ⚠

  Material uncertainty over going concern

  The directors acknowledge the presence of factors and risks, meaning there is a possibility that continued support from banks and parent company may not be available. These conditions result in a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.

1. SLEAFORD QUALITY FOODS LIMITED 1996-01-01 → present
2. SLEAFORD TRADING CO. LIMITED 1968-11-27 → 1996-01-01

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors acknowledge the presence of factors and risks, meaning there is a possibility that continued support from banks and parent company may not be available. These conditions result in a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “Debt refinancing completed in August 2023.”
• “Technical breach of Wells Fargo facility covenant at 31 March 2025, resolved post year-end but further breach recorded in December 2025 for both facilities.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +8.8%

  £56,273,661 → £61,215,243

• Cash

  -55.3%

  £170,132 → £76,063

• Net assets

  -37.1%

  £2,886,720 → £1,814,727

• Employees

  +19.1%

  136 → 162

• Operating profit

  -35.2%

  £1,384,070 → £896,417

• Profit before tax

  -583.9%

  -£156,756 → -£1,071,993

• Wages

  +20.9%

  £5,416,639 → £6,547,578

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