KELLOGG MARKETING AND SALES COMPANY (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  As the impact of the Mars Transaction on the future operations of the Company is not known at the date of approval of these financial statements, this indicates the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue as a going concern... Notwithstanding this, the directors are satisfied that the going concern basis remains appropriate for the preparation of the financial statements.

1. KELLOGG MARKETING AND SALES COMPANY (UK) LIMITED 1996-09-24 → present
2. EMERGEACE LIMITED 1996-08-13 → 1996-09-24

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

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the impact of the Mars Transaction on the future operations of the Company is not known at the date of approval of these financial statements, this indicates the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue as a going concern... Notwithstanding this, the directors are satisfied that the going concern basis remains appropriate for the preparation of the financial statements.”

Group structure

1. KELLOGG MARKETING AND SALES COMPANY (UK) LIMITED · parent
   1. Kellogg España Srl. 0.2% · Spain · marketing and selling of ready to eat cereals and snacks in Spain and Portugal

Significant events

• “On 26 July 2024, the Company paid a dividend to Kellogg UK Holding Company Limited for the amount of £90,000,000 (2023: £nil).”
• “On 1 August 2024, the Company received a dividend from Kellogg Espana, S.L for the amount of £41,000 (2023: £nil).”
• “Effective at 1 January 2024, the marketing and sales activities of the Kellogg Marketing and Sales Company Limited (Middle East Branch), were transferred to another fellow group entity.”
• “On 13 August 2024, Mars, Incorporated and Kellanova (the Company's ultimate parent company) announced that they have entered into a definitive agreement under which an affiliate of Mars, Incorporated has agreed to acquire Kellanova for $83.50 per share in cash (the Mars Transaction).”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -22.6%

  £975,514,000 → £754,616,000

• Cash

  -11.2%

  £160,662,000 → £142,630,000

• Net assets

  -44.5%

  £147,383,000 → £81,828,000

• Employees

  -25.5%

  290 → 216

• Operating profit

  -2.9%

  £23,164,000 → £22,482,000

• Profit before tax

  -2.4%

  £28,561,000 → £27,863,000

• Wages

  -43.7%

  £20,340,000 → £11,459,000

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