WINDORIA INVESTMENT TOP HOLDING LTD

1. WINDORIA INVESTMENT TOP HOLDING LTD 2025-10-06 → present
2. LDW INVESTMENT TOP HOLDING LIMITED 2024-01-15 → 2025-10-06

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

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on these matters, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least 12 months from the reporting date. Accordingly, they continue to adopt the going concern basis in preparing the consolidated financial statements.”

Group structure

1. WINDORIA INVESTMENT TOP HOLDING LTD · parent
   1. Winland Foods Canada, Inc. 100% · Canada
   2. La Doria DE, GMBH 100% · Germany
   3. LDH (La Doria) Ireland Ltd 100% · Ireland
   4. La Doria S.p.A. 100% · Italy
   5. La Doria Pasta PL S.r.l. 100% · Italy
   6. Eugea Mediterranea S.p.A. 98% · Italy
   7. Amalfi Invest S.p.A. 100% · Italy
   8. Clas S.p.A. 100% · Italy
   9. Pasta Lensi S.r.l. 100% · Italy
   10. Amalfi US Opportunities S.a r.l. 100% · Luxembourg
   11. Winland Foods, Inc. 100% · United States of America
   12. American Italian Pasta Company 100% · United States of America
   13. The Carriage House Companies, Inc. 100% · United States of America
   14. 100 Chamber Plaza LLC 100% · United States of America
   15. Philadelphia Macaroni Company 100% · United States of America
   16. Quality Pasta Company LLC 100% · United States of America
   17. A. Zeraga's Sons, Inc. 100% · United States of America
   18. S.T. Specialty Foods, Inc. 100% · United States of America
   19. Associated Brands, Inc. 100% · United States of America
   20. La Doria Usa, Inc. 100% · United States of America

Significant events

• “Key decisions during 2024 included: the acquisition of Philadelphia Macaroni Company, Dressings and Sauces division of Richelieu Foods, Inc., Clas S.p.A., La Doria Pasta; increased stake in LDH Ltd to 100%; consolidation of production facilities; and investment in energy-efficient equipment.”
• “In May and October 2024, the Group issued senior secured notes, with a combined total principal amount of €650 million (approximately $676.4 million), used to refinance existing debt and for shareholder distribution.”
• “In April 2024, the Group amended its existing Term Loan to add $440 million in principal, used to finance the acquisition of Philadelphia Macaroni Company.”
• “In September 2024, the Group executed a further amendment to raise $100 million incremental term loan debt, used for a dividend to shareholders.”
• “In 2024, the Group committed to a plan to dispose of certain real estate and other assets across North America, including the Atlanta production facility, which were classified as Assets Held for Sale.”
• “Subsequent event (May 2025): Settlement of Norfolk Legal Settlement Matter. Subsequent event (July 2025): Norfolk Southern filed a lawsuit related to this matter.”
• “Subsequent event (July 2025): The Group completed the acquisition of 100% of the share capital of Fegé S.r.l. and Fegé Logistica S.r.l.”
• “Subsequent event (July 2025): The Group priced an offering of additional Senior Secured Floating Rate Notes due 2030 in an aggregate principal amount of $702.3 million.”

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

5

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

  +17.1%

  £2,291,104,522 → £2,683,765,752

• Cash

  -45.5%

  £196,960,712 → £107,338,769

• Net assets

  -26.7%

  £621,942,179 → £455,893,254

• Employees

  +10.5%

  3,597 → 3,976

• Operating profit

  +96%

  £68,717,569 → £134,692,365

• Profit before tax

  +1.6%

  £4,670,126 → £4,744,255

• Wages

  +73.3%

  £154,410,675 → £267,531,505

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