MACPHIE LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MACPHIE LIMITED 2017-04-10 → present
2. MACPHIE OF GLENBERVIE LIMITED 1985-05-13 → 2017-04-10
3. MACPHIE & CO.(GLENBERVIE)LIMITED 1956-10-09 → 1985-05-13

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have made an assessment of the company's ability to continue as a going concern, through the review of financial forecasts including cash flow forecasts and profit and loss forecasts for the period to June 2026 and are satisfied that the company will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.”

Group structure

1. MACPHIE LIMITED · parent
   1. Macphie (Europe) Limited 100% · Dublin · Dormant
   2. Macphie Professional Food Solutions - FZCO 100% · Dubai, United Arab Emirates · Marketing

Significant events

• “On 30 June 2024 Doug Aitchison retired from the Board after serving as our Finance Director for five years.”
• “On 31 March 2025 Andy Stapley retired from the position of Chief Executive after serving for six years.”
• “On 8 July 2024 Angela Willows joined the Board as our Chief Finance Officer, we wish her every success.”
• “As part of strategic succession planning, we were delighted to appoint Ed Widdowson to the position of Chief Executive.”
• “Our capital investment in our manufacturing base, more on this below, required the temporary reconfiguration of some of our manufacturing footprint. This caused a series of operational challenges that tested our manufacturing colleagues, but we are confident that we came out of the experience stronger and with greater focus.”
• “Over £10m of capital investment has been invested at the Glenbervie site, creating new capability and capacity within the core manufacturing estate.”
• “Macphie renewed its B-Corp status for the 9th consecutive year (attained in 2015).”
• “The now closed defined benefit pension scheme requires some additional funding, following several years of additional investment to ensure a fully funded plan. We anticipate that the scheme will be fully funded within the next 24 months.”
• “Ordinary dividends were paid amounting to £1,025,729 (2024: £877,521).”

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

Filings

15

last 12 months

Capital events

4

last 24 months

Officers appointed

1

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

  +12%

  £73,303,651 → £82,081,885

• Cash

  -24.4%

  £6,731,395 → £5,086,271

• Net assets

  +10.9%

  £31,559,415 → £35,005,076

• Employees

  +8.4%

  261 → 283

• Operating profit

  +10.7%

  £5,382,701 → £5,961,332

• Profit before tax

  +10%

  £5,446,306 → £5,990,546

• Wages

  +9.5%

  £13,351,321 → £14,617,847

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