HERON FOODS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. HERON FOODS LIMITED 2009-09-20 → present
2. HERON FROZEN FOODS LIMITED 1981-12-31 → 2009-09-20
3. GRINDELLS BUTCHERS LIMITED 1978-10-03 → 1981-12-31

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 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a value retailer, the company is well placed to withstand volatility within the economic environment. The company has net current assets of £39m (2024: £33m) and the company's forecasts and projections covering a period of 12 months from the end of the reporting period show that the company will trade within its current financing facilities, which are held by the group as a whole. These forecasts take into account reasonably possible changes in trading performance for the foreseeable future including, flat sales, reduced margin and minimal new stores openings. On 19 November 2024, the B&M Group issued £250m of high yield bond notes, maturing in November 2031 with an interest rate of 6.5%. £150m of cash received from these high yield bond notes was placed on money market deposit and has been ring-fenced for the purpose of repaying the remaining £156m of high yield bond notes (2020) in July 2025.”

Significant events

• “The directors have proposed a final ordinary dividend in respect of the current financial year of £10.0m (£10k per share).”
• “In the period 10 freehold properties were sold under sales and lease back arrangements. The sales were at fair value and resulting leases at market rents, consequently the profit realised was recognised in the period.”
• “£727k was contracted for but not provided for in the financial statements. This relates to trucks on order and delivered in Q1 FY26.”

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

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -2.5%

  £560,585,000 → £546,474,000

• Cash

  -21.4%

  £15,631,000 → £12,286,000

• Net assets

  +3.3%

  £98,064,000 → £101,293,000

• Employees

  -4.4%

  5,775 → 5,519

• Operating profit

  -20.6%

  £22,076,000 → £17,533,000

• Profit before tax

  -19.2%

  £22,708,000 → £18,346,000

• Wages

  +6.5%

  £81,484,000 → £86,765,000

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