PLACE UK 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

Larking Gowen LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future, and at least twelve months from the date of signing these financial statements. They therefore continue to adopt the going concern basis of accounting in preparing these financial statements.”

Significant events

• “The company delivered an operating profit of £2,173,778 in the year driven by strong growth in the Individually Quick Frozen production sector of the business, mitigating the challenges faced within the fresh fruit sector.”
• “Continuing inflationary pressures on wages, costs of employment and material costs were unable to be fully recovered through retail customer price increases for fresh fruit.”
• “The National Minimum Wage increase of 6.7% effective from April 2025 (following a 9.8% increase in prior year), together with the significant increase in the Employers National Insurance rate and the large reduction in the earnings threshold in Employers National Insurance eligibility will add further pressure on margins, particularly that of soft fruit growing, where nearly 60% of costs are allied to labour.”
• “The announcement by the Government on 21 October 2024 to confirm the number of visas in the Seasonal Workers Scheme for 2025, on top of the commitment to extend the scheme until the end of 2029 provides some ongoing assurance.”
• “The company has exposure to foreign currency exchange rate risk due to the procurement of imported raw material and fruit plants. Currency exchange risk is managed using forward hedging instruments.”
• “Customers are regularly monitored for credit worthiness using credit rating agencies that assist in formulating suitable credit limits and payment terms.”

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

0

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

  +19.1%

  £30,952,991 → £36,866,209

• Cash

  +238.5%

  £453,544 → £1,535,350

• Net assets

  +48%

  £2,255,400 → £3,338,610

• Employees

  +2.7%

  405 → 416

• Operating profit

  +39.6%

  £1,556,728 → £2,173,778

• Profit before tax

  +57.2%

  £1,125,315 → £1,768,822

• Wages

  +11.8%

  £12,014,653 → £13,426,848

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