BERNARD MATTHEWS FOODS LIMITED

1. BERNARD MATTHEWS FOODS LIMITED 2016-09-21 → present
2. AMBER RESIDENTIAL DEVELOPMENTS LIMITED 2016-03-02 → 2016-09-21

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has historically been loss-making; however, during the current financial year, it completed the closure of a significant loss-making site. This closure has improved the ongoing financial performance and the company is expected to be cash generative going forward. Given the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources and finance facilities to continue in operational existence for at least the next 12 month period from the date these financial statements were approved. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. BERNARD MATTHEWS FOODS LIMITED · parent
   1. Bernard Matthews B.V. 100% · Netherlands · Intermediary holding company
   2. Pannon Pulyka Kft 1% · Hungary · Dormant

Significant events

• “Decision to close Great Witchingham production site due to underperformance in January 2024, with £3.99m (2023: £7.17m) closure costs incurred, relating to impairment of plant and machinery, redundancy, stock, onerous lease provisions and accelerated negative goodwill release.”
• “Intention to liquidate all subsidiaries in 2025.”
• “Finance lease was sold to another group company during the year.”

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

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

  -8.8%

  £263,893,000 → £240,541,000

• Cash

  +56.6%

  £18,115,000 → £28,365,000

• Net assets

  +6.2%

  -£85,289,000 → -£80,040,000

• Employees

  -31.3%

  1,537 → 1,056

• Operating profit

  +130.6%

  -£25,393,000 → £7,779,000

• Profit before tax

  +126.2%

  -£26,220,000 → £6,878,000

• Wages

  -22.6%

  £45,469,000 → £35,209,000

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