T&L SUGARS 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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future after forecasting cash flows and considering risks and uncertainties, including the impact of inflation and the ongoing war in Ukraine and Middle East. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. T&L SUGARS LIMITED · parent
   1. ASR Germany GmbH & Co. KG. 100% · Germany · Produced liquid sugar, invert syrups and fondants for the German market, operations ceased on 30 September 2018.
   2. ASR Germany Beteiligungs GmbH 100% · Germany
   3. T&L Sugars Death Benefits Scheme Trustees Ltd 100% · UK · Established to provide trustee services for the T&L Sugars "death in service" benefit scheme.

Significant events

• “The UK adopted its own international trade policy from 1 January 2021, including a new free trade agreement with the EU-27, as well as a new UK tariff policy and trade agreements with other countries around the world. This has meant the business has lost market share in sales to the EU-27, as well as to Northern Ireland.”

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

  +6.3%

  £461,692,961 → £490,957,004

• Cash

  +908.5%

  £5,646,671 → £56,948,682

• Net assets

  -9.3%

  £318,385,922 → £288,701,456

• Employees

  +2.5%

  672 → 689

• Operating profit

  -138.4%

  £102,797,330 → -£39,518,031

• Profit before tax

  -137.9%

  £101,507,455 → -£38,522,018

• Wages

  +11.2%

  £41,840,326 → £46,536,928

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