MARUBENI EUROPE PLC

1. MARUBENI EUROPE PLC 1998-04-01 → present
2. MARUBENI U.K. P.L.C. 1985-02-11 → 1998-04-01

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that the Company has adequate resources to continue as a going concern for the foreseeable future, despite some continuing uncertainties in the economic environment. The Company's income, to a large extent, is guaranteed by the master service agreement it has in place with Marubeni Corporation, where the commission income is set at a level sufficient to cover the Company's operating costs in full and earn a profit mark-up in line with the transfer pricing arrangements. The existing service agreements covers the period up to 31 March 2026 and is expected by the directors to be renewed after this date (based on enquiries the directors have made with Marubeni Corporation, experience from the past and information available to date). The directors also considered the availability of deposited funds with Marubeni Finance Europe plc (£99,919,000 as at 31 March 2025), where the Company has an unconditional right of access (subject to customary conditions around circumstances beyond the control of Marubeni Finance Europe plc) and which could be used to cover any potential liquidity risks in the next twelve-month period (up to 30 June 2026). For this reason, they continue to adopt the going concern basis of accounting in preparing the annual financial statements. In addition, note 1 to the financial statements includes the Company's policies and processes for managing its liquidity, credit and other financial risks, which the directors believe contribute to the Company's ability to continue as a going concern for the next twelve-month period (up to 30 June 2026).”

Group structure

1. MARUBENI EUROPE PLC · parent
   1. Marubeni International (Europe) GmbH 100% · Germany · General Trading
   2. Marnix Europe 20% · United Kingdom · Insurance Broker

Significant events

• “On the 2 April, the US president, Donald Trump, announced sweeping changes to the US's tariff regime whereby a baseline 10% tariff will be applied to goods imports from all nations, with an additional reciprocal tariff applied to about 60 countries. The Directors have considered this development and do not believe it will impact the Company but will continue to carefully monitor the continually changing situation.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -4.5%

  £54,684,000 → £52,234,000

• Cash

  -39.5%

  £1,119,000 → £677,000

• Net assets

  -3.6%

  £181,191,000 → £174,687,000

• Employees

  +3.8%

  78 → 81

• Operating profit

  -21.6%

  £29,529,000 → £23,142,000

• Profit before tax

  -20.2%

  £29,002,000 → £23,142,000

• Wages

  +17.3%

  £12,247,000 → £14,361,000

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