FORFARMERS UK HOLDINGS LIMITED

1. FORFARMERS UK HOLDINGS LIMITED 2015-01-09 → present
2. FORFARMERS UK LIMITED 2012-03-21 → 2015-01-09

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

“Notwithstanding a loss for the year of £0.03m (2023 - loss of £17.98m), the Company had net current liabilities of £4.94m (2023 - £0.10m assets) and net assets of £71.98m (2023 - £72.01m) as at 31 December 2024, and so the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of at least 12 months in order to assess going. concern which indicate that, taking account of reasonably possible downsides, the Company will have sufficient funds, through funding from its ultimate parent company, ForFarmers N.V., to meet its liabilities as they fall due during the period covered by the forecasts ("the going concern assessment period"). Those forecasts are dependent on ForFarmers N.V. providing additional financial support during that period. ForFarmers N.V. has indicated its intention to continue to make available such funds as are needed by the Company during the going concern assessment period. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. FORFARMERS UK HOLDINGS LIMITED · parent
   1. ForFarmers UK Limited 100% · England · Feed manufacture and sale
   2. Thunderbrook Equestrian Limited 100% · England · Horse feed manufacture and sale

Significant events

• “The increase in the investments is due to the acquisition of Thunderbrook Equestrian Limited during the year.”
• “On 10 January 2024, ForFarmers UK Holdings Limited (the 'Company') completed the acquisition of Thunderbrook Equestrian Limited (the 'Acquired Business').”
• “In 2023, due to declining market projections and continuing pressure in both the pig and poultry sectors, it was determined there were indicators of impairment in relation to the trading subsidiary, ForFarmers UK Limited, which resulted in an impairment in the investment of the trading subsidary being recognised of £17.98m.”

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £72,011,000 → £71,978,000

• Employees

  —

  Not reported

• Profit before tax

  +99.8%

  -£17,975,000 → -£44,000

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