RUSH GROUP LIMITED

1. RUSH GROUP LIMITED 2008-08-18 → present
2. RUSH POTATOES LIMITED 1990-02-09 → 2008-08-18

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

“In auditing the financial statements, we have concluded that the director's 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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

1. RUSH GROUP LIMITED · parent
   1. Rush Group Sp ZO.o 100% · Poland · import and distribution of agricultural produce
   2. Rush Group kft 100% · Hungary · import and distribution of agricultural produce
   3. Rush Farms LDA 50% · Portugal · import and distribution of agricultural produce
   4. Rush NL BV 100% · Netherlands · import and distribution of agricultural produce
   5. Scott Farms International B.V. 45% · Netherlands · import and distribution of agricultural produce
   6. Rush Egypt Farms LLC 75% · Egypt · import and distribution of agricultural produce

Significant events

• “During the financial year the company leased land with a view to growing a proportion of the products traded, providing the company with greater insight into the planting, growing and harvesting of produce. Additionally, the company leased pack house space while purchasing and installing a wash and grading line together with an automated packing line. Both of these operations add value and greater control.”
• “The directors of the company are monitoring the US tariff changes which are being introduced by the US government, but moreover the expected retaliatory UK / EU tariff changes on US imports. UK/EU tariffs will lead to produce cost increases. These produce cost increases will be passed where possible and absorbed where the market price has reached its ceiling.”

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

Filings

6

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

  +14.6%

  £35,826,808 → £41,066,318

• Cash

  +30.9%

  £1,583,982 → £2,073,205

• Net assets

  +106.4%

  £914,553 → £1,887,460

• Employees

  0%

  14 → 14

• Operating profit

  +93.1%

  £1,001,542 → £1,934,468

• Profit before tax

  +99.7%

  £1,002,426 → £2,001,907

• Wages

  +4.3%

  £653,205 → £681,353

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