GENERAL MILLS UK LIMITED

1. GENERAL MILLS UK LIMITED 2003-05-01 → present
2. GENERAL MILLS UK 2002 LIMITED 2003-01-10 → 2003-05-01

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

• “There have not been any significant changes in the Company's principal activities in the period under review. The directors are not aware, at the date of this report, of any likely changes in the Company's activities in the next year.”
• “The directors do not see any significant changes in the future.”
• “In June 2023, the High Court handed down a decision in the case of Virgin Media Limited v NTL Pension Trustees II Limited and others relating to the validity of certain historical pension changes due to the lack of actuarial confirmation required by law. In July 2024, the Court of Appeal dismissed the appeal brought by Virgin Media Ltd against aspects of the June 2023 decision. The conclusions reached by the court in this case may have implications for other UK defined benefit plans. The Company and pension trustees are currently considering the implications of the case for the company's defined benefit pension arrangement, and at this stage the directors do not consider it necessary to make any adjustments as a result of the Virgin Media case.”

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

1

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

  +1.1%

  £285,962,000 → £289,007,000

• Cash

  —

  Not reported

• Net assets

  -14.4%

  £15,453,000 → £13,232,000

• Employees

  +5.4%

  280 → 295

• Operating profit

  +48.6%

  £10,188,000 → £15,144,000

• Profit before tax

  +30%

  £12,597,000 → £16,371,000

• Wages

  +16.5%

  £23,086,000 → £26,884,000

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