ADAMA AGRICULTURAL SOLUTIONS UK LTD

1. ADAMA AGRICULTURAL SOLUTIONS UK LTD 2014-04-02 → present
2. MAKHTESHIM-AGAN (UK) LIMITED 1988-12-23 → 2014-04-02

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In making a judgement regarding going concern, the director has considered the impact of ongoing geopolitical conflicts in Europe and the Middle East on business operations, as well as the macroeconomic environment of inflation, and interest rates in the UK: Specifically, the Company has created detailed cash flow projections for the twelve months from the date of signing of accounts, and these have been reviewed by the Director. Within these projections, the Company has assumed that the UK rate of inflation will be approximately 3.6% over the coming 12 months. Any requirement for short-term financing is provided by the Company's shareholder, ADAMA BV, and there was no need for additional financing during the first half of the following period. UK inflation has continued to be an issue during 2024, where it has been consistently above the UK long term target of 2.0%. Whilst this is more stable than it has been in the recent past, this is having an impact on the operating cost of the business. The director believes that UK inflation will continue to start to move towards the long-term target of 2.0% over the coming 12 months. The director believes that this trend will enable the business to manage ongoing inflationary pressure without a significant impact upon profitability of the business and consequently supports the going concern basis of accounting. As part of the Syngenta Group, the business is part of a wider group structure and, in addition, participates in the ADAMA receivables securitization program. However, the Company is not reliant on either the Syngenta Group or the securitization program as a direct source of long-term working capital funding. Ultimately, overall working capital requirements are funded by the ADAMA Group and, as the directors have no reason to believe that any material uncertainty exists around the ability of the ADAMA Group to continue as a going concern. The directors are confident that this will continue to be the case in the coming 12 months. Any short-term additional funding will be provided by the Company's immediate shareholder, ADAMA BV, and ADAMA BV has confirmed long-term funding commitments are in place from the ADAMA Group. Consequently, the Company continues to adopt the going concern basis of accounting in preparing the financial statements. The director does not believe that the ongoing geopolitical conflicts in Europe and the Middle East will have a significant effect on future operations. As a result, they continue to adopt the going concern basis in the preparation of these financial statements.”

Significant events

• “In preparing these financial statements, the director has evaluated and disclosed all material subsequent events up to 25th September 2025, which is the date that the financial statements were available to the issued and no material events were noted.”

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

Filings

4

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

  -29.4%

  £47,026,908 → £33,213,885

• Cash

  -54.1%

  £4,806,372 → £2,204,633

• Net assets

  +4.3%

  £5,736,395 → £5,984,203

• Employees

  -2%

  50 → 49

• Operating profit

  +58.2%

  £738,037 → £1,167,941

• Profit before tax

  +377.8%

  -£119,949 → £333,165

• Wages

  -3.7%

  £3,649,013 → £3,515,232

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