2 SISTERS FOOD GROUP LIMITED

1. 2 SISTERS FOOD GROUP LIMITED 2004-07-28 → present
2. 2 SISTERS FOOD PRODUCTS LIMITED 1993-07-21 → 2004-07-28
3. BADGESURVEY TRADING LIMITED 1993-06-15 → 1993-07-21

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

“Having undertaken this assessment, the Directors have a reasonable expectation that the Group and the Company have adequate resources to continue in operational existence for the foreseeable future, being a period of not less than 12 months from the date of approval of these financial statements. Accordingly, this report to 26 July 2025 has been prepared on a going concern basis.”

Group structure

1. 2 SISTERS FOOD GROUP LIMITED · parent
   1. Challenger Foods Limited 100% · England · Dormant
   2. John Rannoch Limited 100% · England · Dormant
   3. Joseph Mitchell (Letham) Limited 100% · Scotland · Dormant
   4. Lloyd Maunder Limited 100% · England · Dormant
   5. Scot-Lad Limited 100% · Scotland · Dormant
   6. 2 Agriculture Growing Limited 50% · England · Chicken growing

Significant events

• “On 31 July 2025, the Company sold its 50% interest in 2 Agriculture Growing Limited to 2 Agriculture Holdings Limited, a related company. Consideration for the transaction was £1, together with the waiving of a £3.25m loan from the joint venture.”
• “On 26 October 2025, the principal sponsoring employer of the Northern Foods Pension Scheme changed from Northern Foods Limited to 2 Sisters Food Group Limited under a Flexible Apportionment Arrangement (FAA).”
• “On 4 November 2025, the Group repurchased and cancelled 10% or £39.0m of the Groups senior secured bonds, reducing the principal amount outstanding to £351.0m.”

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

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

  +10.2%

  £1,612,898,000 → £1,777,444,000

• Cash

  -67.4%

  £141,000 → £46,000

• Net assets

  +18.2%

  -£395,094,000 → -£323,365,000

• Employees

  +3%

  8,514 → 8,766

• Operating profit

  +36.1%

  £95,284,000 → £129,714,000

• Profit before tax

  +55.1%

  £54,553,000 → £84,629,000

• Wages

  +14%

  £236,403,000 → £269,437,000

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