INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED

1. INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED 2013-02-01 → present
2. INTERNATIONAL PRODUCE LIMITED 2004-05-14 → 2013-02-01
3. HOSTCOUNT LIMITED 2004-04-16 → 2004-05-14

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 financial statements for the year ended 27 December 2024 have been prepared on the going concern basis as the director has determined that the Company has sufficient resources and liquidity facilities to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements ('the going concern period').”

Group structure

1. INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED · parent
   1. International Produce Spain S.L. 100% · Spain · The provision of logistical and management services
   2. Vinpack Limited * 100% · England & Wales · Dormant company
   3. Westry Produce Limited * 100% · England & Wales · Dormant company
   4. Selby Produce Limited * 100% · England & Wales · Dormant company
   5. Forza AW Limited ** 100% · England & Wales · Investment company
   6. Forza Foods Limited * 100% · England & Wales · Slicing and packing company
   7. Kober Limited * 100% · England & Wales · Slicing and packing company

Significant events

• “Manufacturing footprint consolidation During the period the business consolidated its banana ripening operations into IPL's packing facility in Kent, and its potato packing operations into IPL's site in Perthshire. The Company closed its banana ripening facility in Yorkshire and its potato packing site in Cambridgeshire.”
• “Declared dividends On 29 November 2024, the Company declared a cash dividend of £45,000,000 (2023 '£60,000,000) to distribute cash held within the IPL Group.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +3.6%

  £908,436,000 → £941,092,000

• Cash

  -12.4%

  £43,691,000 → £38,271,000

• Net assets

  -11.2%

  £76,660,000 → £68,078,000

• Employees

  -10.5%

  2,153 → 1,928

• Operating profit

  +9.8%

  £16,060,000 → £17,630,000

• Profit before tax

  +9.4%

  £33,810,000 → £36,975,000

• Wages

  -7.5%

  £66,032,000 → £61,078,000

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