SIPSMITH LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. SIPSMITH LIMITED 2009-09-29 → present
2. OLIMARA LIMITED 2007-09-18 → 2009-09-29

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Suntory Global Spirits Inc, the intermediate group parent, has provided a letter of financial support to the Company confirming they will support Sipsmith to operate as a going concern and that they have sufficient financial resources to do so. Sipsmith is satisfied that Suntory Global Spirits Inc is capable and in good financial standing to provide this support. The letter of support together with the forecasts indicate, to the Directors' satisfaction, that the Company has resources more than sufficient to continue in operational existence for the foreseeable future and therefore it is appropriate to adopt the going concern basis in preparing the financial statements.”

Significant events

• “As a result of the Group's decision in 2024 (and costs therefore accounted for in 2024) that Sipsmith Limited would no longer manage the route to market and related commercial and marketing activities in the UK from the 1st February 2025, the company has noted a positive impact on its results.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -7%

  £14,277,000 → £13,275,000

• Cash

  -10.2%

  £1,662,000 → £1,492,000

• Net assets

  -25.4%

  -£47,695,000 → -£59,819,000

• Employees

  -22.4%

  58 → 45

• Operating profit

  +44%

  -£13,954,000 → -£7,810,000

• Profit before tax

  +30.6%

  -£17,289,000 → -£12,003,000

• Wages

  -20%

  £3,146,000 → £2,517,000

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