PETER GILDING & CO. LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. PETER GILDING & CO. LIMITED 1986-10-29 → present
2. GOODFIX LIMITED 1986-09-29 → 1986-10-29

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

Consolidated group

Auditor

Haines Watts Chester Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern.”

Group structure

1. PETER GILDING & CO. LIMITED · parent
   1. Growers Worldwide Services Limited 100% · United Kingdom · Importation and sale of fruit and produce
   2. Peter Gilding Fruit Packers Limited 100% · United Kingdom · Packaging of fruit

Significant events

• “The current year was the first full year following being de-listed as a supplier by Aldi (UK) Limited in 2023.”
• “The Company undertook and completed a full restructure at the end of 2023, making a considerable number of employees redundant, and putting the company in the right shape to face the challenges ahead.”
• “During the year inflationary pressures and the cost of living crisis impacted the whole supply chain.”
• “Brexit effects still continue to be felt, primarily in additional administration and also via inflationary pressures in the supply chain.”
• “Global oversupply of product continued into the current year having a negative impact upon sales values and margins. Supermarket price wars have had impacted sales on the wholesale markets in the period.”
• “The Company has heavily invested in solar panels to reduce its "carbon footprint" and help towards its own carbon offsetting goals. The Company is looking to further invest in solar panels in the new year.”

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

Filings

18

last 12 months

Capital events

5

last 24 months

Officers appointed

2

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

  -48.8%

  £45,696,712 → £23,414,385

• Cash

  -14.1%

  £4,534,593 → £3,896,566

• Net assets

  +10.8%

  £5,377,056 → £5,959,677

• Employees

  -61.5%

  122 → 47

• Operating profit

  -49.3%

  £1,341,687 → £679,963

• Profit before tax

  +1.8%

  £814,392 → £829,423

• Wages

  -51.6%

  £3,936,601 → £1,903,942

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers