REGAL PROCESSORS LIMITED

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

PricewaterhouseCoopers (Northern Ireland) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. This is supported by budgets and cash flow projections that extend for a period of at least 12 months from the approval of this report. Accordingly, they continue to adopt the going concern basis in preparing the directors' report and financial statement.”

Significant events

• “On 4 December 2000, the Council of Ministers of the European Union banned the use of blood products and animal meal, within the EU, for the feeding of animals for human consumption. The area of blood products and processed animal proteins continues to suffer the effects and the uncertainties of this ruling and subsequent legislative changes.”
• “The pig industry in the UK under the Red Tractor scheme does not allow the use of plasma in pig diets despite its nutrition and health benefits. In addition, most retailers are moving to more non-meat meals in their shelves hence reducing the options for blood product and animal proteins. Therefore, the company and-its group need to find customers outside the UK and face direct competition from blood producers from the continent.”

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

Filings

6

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

  +1.1%

  £15,634,069 → £15,805,858

• Cash

  -57.1%

  £347,234 → £149,124

• Net assets

  -18%

  £6,805,631 → £5,580,687

• Employees

  0%

  38 → 38

• Operating profit

  -21.6%

  £4,754,437 → £3,726,364

• Profit before tax

  -22%

  £4,759,034 → £3,714,143

• Wages

  +6.3%

  £1,648,488 → £1,751,774

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