GOLDENFRY LIMITED

1. GOLDENFRY LIMITED 1989-10-16 → present
2. SIMCO 284 LIMITED 1989-07-17 → 1989-10-16

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

S&W Audit

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 for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GOLDENFRY LIMITED · parent
   1. Goldenfry Foods Limited 100% · England and Wales · Convenience foods
   2. Regalbell Limited 100% · England and Wales · Dormant

Significant events

• “The Group trades with all the major supermarkets and food retailers in the UK with a good category/customer/product spread which helps to minimise risk.”
• “Principal risks revolve around disruption of normal trading relationships on the availability of commodities, as well as externally imposed costs, red tape and the effect of increased taxes on the motivation to invest and grow.”
• “Macroeconomic factors fundamentally effect the environment in which we have to operate. Increased borrowing restricts government spending coupled with rising cost inflation, escalating employment costs and corporate taxes the consequent effect on investment and growth is a zero sum game through depressing demand and growth in the real economy.”
• “The group targets a minimum growth in FCF in the range of 8%-10% per annum but is reviewing this under the current highly inflationary environment that is likely to persist for the company.”

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

8

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

  +8.8%

  £53,302,260 → £58,005,833

• Cash

  +51.5%

  £21,888,720 → £33,160,571

  highest in 3 filed years

• Net assets

  +25.4%

  £21,901,725 → £27,465,847

  highest in 3 filed years

• Employees

  +2.3%

  131 → 134

  highest in 3 filed years

• Operating profit

  +17.7%

  £5,934,677 → £6,983,634

• Profit before tax

  +18%

  £6,056,652 → £7,146,026

• Wages

  +76.6%

  £4,343,106 → £7,671,110

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