RACHEL'S DAIRY LIMITED

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 December 2024 the Company had net assets of £9,570,000 (2023: £8,541,000). The Directors have prepared cash flow forecasts for the period to 31 December 2026 and are satisfied that the Company will be able to meet its liabilities as they fall due. Therefore, after taking into account the above factors, the Directors believe that the Company can manage its business risks successfully and are satisfied that it has sufficient financial resources to enable them to continue operating in the foreseeable future. The Directors therefore continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “2024 has seen a 3% decrease in turnover. This is as the result of price increases driven by cost inflation leading to a reduction on demend.”
• “The impact of lower volume driven by the increase in milk costs and wages led to reduced cost absorption and a lower profit before tax from £1,731,000 in the previous year to a profit before tax of £1,410,000 this year.”
• “Labour efficiency decreased by 17% to 6.41 second per kg (2023: 5.48 second per kg).”
• “There were a number of research and development projects across the year that have resulted in either new product launches or minor process improvements.”

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

  -3.3%

  £25,052,000 → £24,223,000

• Cash

  0%

  £1,000 → £1,000

• Net assets

  +12%

  £8,541,000 → £9,570,000

• Employees

  -2.2%

  91 → 89

• Operating profit

  -25.2%

  £1,613,000 → £1,207,000

• Profit before tax

  -18.5%

  £1,731,000 → £1,410,000

• Wages

  +7.1%

  £3,021,000 → £3,237,000

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