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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-08-02

Confirmation statement due

2026-05-01

Overdue

Watchouts

1 item

Cash

£3M

Latest balance sheet

Net assets

-£22M

Equity attributable

Employees

351

Average over period

Profit before tax

-£7M

Period ending 2025-08-02

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-08-02

Metric Trend 2024-07-272025-08-02
Turnover £60,783,681£59,866,472
Operating profit -£5,408,990-£984,758
Profit before tax -£11,956,793-£6,619,667
Net profit -£13,805,015-£8,020,012
Cash £4,064,748£3,188,307
Total assets less current liabilities £45,268,538£36,722,010
Net assets -£13,709,038-£21,581,692
Equity -£13,709,038-£21,581,692
Average employees 326351
Wages £10,163,941£11,102,500

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-07-272025-08-02
Operating margin -8.9%-1.6%
Net margin -22.7%-13.4%
Return on capital employed -11.9%-2.7%
Current ratio 1.48x1.46x
Interest cover -0.83x-0.17x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In assessing the appropriateness of the going concern assumption, the directors have reviewed detailed profit and cash flow forecasts considering reasonably foreseeable potential scenarios and uncertainties, including sensitivity testing, in relation to income, expenditure, and cash flows for a period of 12 months from the sign off of these financial statements. The company is party to a Hero Topco Limited group, group wide funding arrangement, which is repayable in April 2029 and requires specific covenants to be met. In assessing the going concern of the group as a whole, the directors have also assessed potential scenarios and uncertainties in relation to such covenants. The directors are confident that the group and company, after considering downside scenarios, have the ability to pay debts as they fall due for at least 12 months from the signing of these financial statements and to meet all relevant covenants tests and as such have deemed it appropriate for the financial statements to be prepared on the going concern basis.”

Group structure

  1. HERO TOPCO LIMITED · parent
    1. Fresh Mediterranean Foods Limited 100% · England · Manufacture and processing of value-added vegetable products
    2. Natural Innovations Limited 100% · England · Manufacture and processing of value-added vegetable products
    3. Percy Bidco Limited 100% · England · Provision of management Ordinary services
    4. Percy Topco Limited 100% · England · Provision of management Ordinary services
    5. Hero Bidco Limited 100% · England · Provision of management Ordinary services
    6. Hero Midco Limited 100% · England · Provision of management Ordinary services

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

People

5 active · 2 resigned

Name Role Appointed Born Nationality
EDWARDS, Tom Director 2023-06-16 Aug 1978 British
GLOVER, John Lester Director 2026-01-22 Nov 1966 British
LOBEL, Avital Director 2023-04-18 May 1981 British
SINGH, Simon Director 2023-04-18 Jun 1987 British
WOOD, Matthew Kevin Director 2023-06-16 Jun 1969 British
Show 2 resigned officers
Name Role Appointed Resigned
COPESTAKE, Chris Director 2023-06-16 2024-12-31
GILMAN, Dominic John Director 2023-06-16 2024-03-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Solina Uk Holdings Limited Corporate entity Shares 25–50%, Voting 25–50% 2026-01-15 Active
Avital Lobel Individual ownership-of-shares-50-to-75-percent-as-firm, voting-rights-50-to-75-percent-as-firm 2023-04-18 Active

Filing timeline

Last 20 of 40 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-29 MA Memorandum articles
  • 2026-01-29 RESOLUTIONS Resolution
  • 2026-01-15 RESOLUTIONS Resolution
Date Type Category Description
2026-05-06 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-05-06 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-01-29 MA incorporation Memorandum articles
2026-01-29 RESOLUTIONS resolution Resolution
2026-01-25 AA01 accounts Change account reference date company current extended PDF
2026-01-23 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-01-23 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-01-23 AP01 officers Appoint person director company with name date PDF
2026-01-22 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-01-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-01-15 RESOLUTIONS resolution Resolution
2026-01-14 SH05 capital Capital cancellation treasury shares with date currency capital figure
2026-01-09 AA accounts Accounts with accounts type group
2025-10-14 SH06 capital Capital cancellation shares
2025-10-14 SH03 capital Capital return purchase own shares
2025-10-07 SH03 capital Capital return purchase own shares treasury capital date
2025-07-16 SH02 capital Capital alter shares redemption statement of capital
2025-07-07 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2025-05-06 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-25 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
19

last 12 months

Capital events
7

last 24 months

Officers appointed
1

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-08-02 vs 2024-07-27

Year-on-year comparison hidden: this filing covers about 12 months versus 16 months prior.

Official Companies House page