NEEDWOOD FOODS 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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis which the Directors believe to be appropriate. Profit and loss and cash flow forecasts prepared by the Directors for the foreseeable future, which assume the ongoing availability of financial facilities and taking account of reasonably possible changes in trading performance, indicate that the company should have adequate resources to continue in operational existence. Thus the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “At the balance sheet date, a financial guarantee of £40,000 existed in favour of HMRC relating to the Company's duty deferment account. Full recourse is to the Company in the event of default.”

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

  +27.8%

  £24,129,785 → £30,838,427

• Cash

  +2.2%

  £1,314,638 → £1,343,000

• Net assets

  +19%

  £5,006,129 → £5,959,567

• Employees

  0%

  5 → 5

• Operating profit

  +14.7%

  £562,651 → £645,545

• Profit before tax

  +14.6%

  £562,651 → £645,053

• Wages

  +21.5%

  £234,282 → £284,690

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