HERO TOPCO LIMITED
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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
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
-
Confirmation statement overdue
Due 2026-05-01.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-08-02
| Metric | Trend | 2024-07-27 | 2025-08-02 |
|---|---|---|---|
| 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 | 326 | 351 | |
| 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 | 2024-07-27 | 2025-08-02 |
|---|---|---|---|
| Operating margin | -8.9% | -1.6% | |
| Net margin | -22.7% | -13.4% | |
| Return on capital employed | -11.9% | -2.7% | |
| Current ratio | 1.48x | 1.46x | |
| 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
- HERO TOPCO LIMITED · parent
- Fresh Mediterranean Foods Limited 100%
- Natural Innovations Limited 100%
- Percy Bidco Limited 100%
- Percy Topco Limited 100%
- Hero Bidco Limited 100%
- Hero Midco Limited 100%
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 | |
| 2026-05-06 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 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 | |
| 2026-01-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 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 | |
| 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
- Capital events
- 7
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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