SUMI AGRO EUROPE LIMITED

1. SUMI AGRO EUROPE LIMITED 2010-01-04 → present
2. SUMMIT AGRO EUROPE LIMITED 1997-03-12 → 2010-01-04
3. SUMMIT AGRO HOLDINGS LIMITED 1995-07-27 → 1997-03-12
4. SASTREK LIMITED 1995-06-28 → 1995-07-27

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the Company has adequate resources to remain in operation for the foreseeable future and have therefore continued to adopt the going concern basis in preparing the financial statements.”

Group structure

1. SUMI AGRO EUROPE LIMITED · parent
   1. Sumi Agro Limited 0.68% · UK · Distribution of agrochemical products
   2. Summit-Agro Ukraine LLC 1% · Ukraine · Marketing and distribution of agrochemical and associated products
   3. LLC Summit Agro 1% · Russia · Marketing and distribution of agrochemical and associated products
   4. S.C. Alcedo S.R.L. 0.936% · Romania · Formulation, Marketing and distribution of agrochemical and associated products
   5. Sumi Agro France S.A.S. 0.68% · France · Marketing and distribution of agrochemical and associated products
   6. Sumi Agro Hungary Ltd 0.68% · Hungary · Marketing and distribution of agrochemical and associated products
   7. Sumi Agro Poland Sp. Z o.o. 0.68% · Poland · Marketing and distribution of agrochemical and associated products
   8. Summit Agro Romania S.R.L. 0.68% · Romania · Marketing and distribution of agrochemical and associated products
   9. Summit Agro Romania S.R.L. - Branch Office in Bulgaria 0.68% · Bulgaria · Marketing and distribution of agrochemical and associated products
   10. Sumi Agro Czech s.r.o. 0.68% · Czech Republic · Marketing and distribution of agrochemical and associated products
   11. Alchimex SA* 0.936% · Romania · Production of Pesticides
   12. GEEA SA* 0.935% · Romania · Publishing services
   13. Naturevo SRL 0.936% · Romania · Distribution of agricultural inputs

Significant events

• “During the year, the Company experienced a decline in turnover primarily due to reduced sales of Acetamiprid based products. Increased competition from generic products across many of our local operating companies significantly impacted sales of Mospilan SP and Inazuma (both containing Acetamiprid and manufactured by SAE), with turnover decreasing by ",”
• “Additionally, the termination of our back-to-back relationship with Nichino Europe led to a reduction in turnover of €12,200,000.”
• “Market conditions also deteriorated, necessitating a reduction in gross profit margins on our own S-Line products.”
• “On 7th June 2024, Sumitomo Corporation (the Parent) made an investment in S.C. Alcedo S.R.L, increasing its shareholding from 1.73% to 6.39%. As a result, Sumi Agro Europe Limited (the Company) recognised a dilution in its investment of S.C. Alcedo S.R., reducing its shareholding from 98.27% to 93.61%.”
• “On 19th June 2024, S.C. Alcedo S.R.L acquired 100% of Naturevo SRL for a purchase price of €10 million.”

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

3

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

  -44.6%

  £85,070,215 → £47,139,390

• Cash

  +189.7%

  £75,416 → £218,447

• Net assets

  -40.7%

  £54,364,598 → £32,217,406

• Employees

  -3.3%

  30 → 29

• Operating profit

  -366.1%

  -£1,495,319 → -£6,969,487

• Profit before tax

  -109.5%

  £16,215,326 → -£1,542,129

• Wages

  -1.1%

  £5,119,626 → £5,063,280

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