WOODFORD GROUP LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Consolidated group

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the Group and Company's ability to continue as a going concern the Directors have reviewed the Group and Company's performance, future plans, critical accounting estimates and judgements and considered sensitivities, including any potential impairments as a result of changes in cash flow forecasts. With the significant corporate restructure in the Group, the Directors have implemented a number of cost management strategies and are now focusing on growing the simplified Group. The Directors are of the opinion that the Group and Company's forecast and projections show that the Group and Company have adequate economic resources to continue in operational existence for at least twelve months from date of approval of these financial statements and the forecasts indicate that the Company will move back to a cash generative position from 2026 onwards.”

Group structure

1. WOODFORD GROUP LIMITED · parent
   1. Woodford Holdings Limited 100% · United Kingdom · Intermediate holding company
   2. Volac International Limited 100% · United Kingdom · Manufacture, marketing and sales of animal feed ingredients
   3. Volac Limited 100% · United Kingdom · Manufacture, marketing and sales of animal nutrition products
   4. Interprise Limited 100% · United Kingdom · Manufacture, marketing and sales of animal nutrition products
   5. Parnutt Foods Limited 100% · United Kingdom · Manufacture, marketing and sales of animal nutrition products
   6. Ecosyl Products Limited 100% · United Kingdom · Manufacture, marketing and sales of animal nutrition products
   7. Volac Feeds Limited 100% · Ireland · Manufacture, marketing and sales of animal nutrition products
   8. Volac Agro-Best spol. S.r.o 90% · Czech Republic · Manufacture, marketing and sales of animal nutrition products
   9. Volac Inc. 100% · USA · Manufacture, marketing and sales of animal nutrition products
   10. Ecosyl Products Canada Limited 100% · Canada · Manufacture, marketing and sales of animal nutrition products
   11. Volac Wilmar Feed Ingredients Holdings Limited 50% · United Kingdom · Intermediate holding company
   12. Volac Wilmar Feed Ingredients Limited 50% · United Kingdom · Manufacture, marketing and sales of animal feed ingredients
   13. Volac Wilmar Feed Ingredients Sdn Bhd 50% · Indonesia · Manufacture, marketing and sales of animal feed ingredients
   14. PT Volac Wilmar Feed Ingredients Indonesia 50% · Malaysia · Manufacture, marketing and sales of animal nutrition products
   15. Micron Bio-Systems Ltd 100% · United Kingdom · Manufacture, marketing and sales of animal nutrition products

Significant events

• “Woodford Group Limited was incorporated on 27 January 2024 and commenced trading on that date.”
• “On 30 January 2024 Woodford Group Limited acquired the entire shareholding of Woodford Holdings Limited via a share for share exchange.”
• “In February 2024 the business placed its Whey Nutrition trade and assets into a new entity (Volac Whey Nutrition Limited), consolidated it with Volac Renewable Energy Limited and conducted a capital demerger of this business.”
• “The total production out of the manufacturing sites decreased by 64% since last year due to the demerger of the Whey Nutrition business from 1 March 2024.”

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

Filings

14

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -34.3%

  £299,100,000 → £196,600,000

• Cash

  -60.1%

  £34,100,000 → £13,600,000

• Net assets

  -66.5%

  £147,600,000 → £49,500,000

• Employees

  -33.1%

  478 → 320

• Operating profit

  +91.3%

  -£12,600,000 → -£1,100,000

• Profit before tax

  -104.9%

  £20,400,000 → -£1,000,000

• Wages

  -19.5%

  £28,200,000 → £22,700,000

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