F & B PROFILES LIMITED

1. F & B PROFILES LIMITED 1990-04-10 → present
2. F & B (HOLDINGS) LTD. 1989-03-31 → 1990-04-10
3. VELOCITY SEVENTEEN LIMITED 1987-10-30 → 1989-03-31

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director has, at the time of approving the financial statements, a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future having prepared forecasts to March 2027. Thus the company continues to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. F & B PROFILES LIMITED · parent
   1. Whites Material Handling Limited 100% · design, manufacture and sale of specialised attachments for the construction and agriculture industries across Europe.

Significant events

• “the year to 31 March 2025 was a challenging one for the business as a result of the uncertainty in the British and European economies due to a combination of the impact of elections in the UK and US and the ongoing conflicts in Ukraine and the Middle East.”
• “sale in the previous financial year of the freehold property previously owned by the company and hence a full year impact of the increased rental charges borne by the company as a result. The impact on profits for the year, when compared to 2024, as a result of this was approximately £127,500.”
• “£5m cash was invested in a short term money market account to increase interest earned.”
• “further fixed asset investment with the addition of plant and machinery of £126,368 (2024 - £246,871).”
• “the company has progressed with its program to instal energy efficient lighting and sensors in its buildings, continued to replace the existing diesel forklifts with electric models and to replace the existing delivery fleet with more efficient alternatives.”
• “During the prior year the company declared a dividend in specie in respect of the freehold and long leasehold property it owned with a book value of £4,919,247 up to its then parent company. The group then underwent a demerger whereby the then parent company exited the group, with the properties.”

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

Filings

2

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

  -8.6%

  £39,891,624 → £36,445,101

  lowest in 3 filed years

• Cash

  -32.6%

  £7,906,274 → £5,329,617

• Net assets

  +3.4%

  £15,586,059 → £16,113,162

• Employees

  +0.6%

  177 → 178

• Operating profit

  -46.6%

  £4,063,449 → £2,170,005

• Profit before tax

  -45%

  £4,028,167 → £2,215,007

  lowest in 3 filed years

• Wages

  +0.3%

  £6,342,786 → £6,364,332

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