FAERCH LONDON LIMITED

1. FAERCH LONDON LIMITED 2019-03-05 → present
2. FAERCH PLAST LONDON LIMITED 2018-01-08 → 2019-03-05
3. FAERCH PLAST LIMITED 2009-06-15 → 2018-01-08
4. HARRISON EUROPAC LIMITED 1994-02-14 → 2009-06-15
5. R. FAERCH PACKAGING LIMITED 1988-08-30 → 1994-02-14

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on the going concern basis. The Company has net assets of £185,868 and has a treasury arrangement with other subsidiaries of Faerch Group A/S to facilitate the Company being able to meet its liabilities as they fall due. On the basis of their assessment of the Company's financial position, including financial forecasts for the 12 months subsequent to the date of signing the financial statements and the access to the Faerch Group A/S treasury function, confirmed by letter of support, the directors have reasonable expectations that the Company is well placed to manage its business risks and that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. FAERCH LONDON LIMITED · parent
   1. FP1988UK 100% · England · Let on lease

Significant events

• “The Company experienced a reduction of revenues of 7.5% in the year, but made a profit after tax of £2,254,062 during the year (2023: profit after tax of £12,647,393). The 2023 result included an intercompany loan write off amount of £20,000,000.”

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

1

last 12 months

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

• Turnover

  -7.5%

  £179,030,079 → £165,664,282

• Cash

  -1.6%

  £210,217 → £206,939

• Net assets

  +109%

  -£2,068,194 → £185,868

• Employees

  +1.4%

  73 → 74

• Operating profit

  +155.5%

  -£8,341,424 → £4,625,953

• Profit before tax

  -70.8%

  £10,394,222 → £3,032,284

• Wages

  -3.8%

  £4,328,291 → £4,165,441

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