THE EDRINGTON GROUP LIMITED

1. THE EDRINGTON GROUP LIMITED 1998-03-16 → present
2. EDRINGTON HOLDINGS LIMITED 1961-04-25 → 1998-03-16

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 assessments the Board has a reasonable expectation that the Group will be able to meet its financial obligations for the foreseeable future and have adequate resources to continue to operate for at least 12 months from the date of this annual report. The directors therefore consider it appropriate to adopt the going concern basis in preparing these financial statements.”

Group structure

1. THE EDRINGTON GROUP LIMITED · parent
   1. The 1887 Company Limited 75% · Scotland · Management of Scotch whisky companies
   2. Brugal & Co., S.A. 61% · Dominican Republic · Distilling, bottling, sales and marketing of Dominican rum
   3. Edrington Distillers Limited 100% · Scotland · Blending, bottling, sales and marketing of Scotch whisky
   4. Edrington USA Inc 100% · USA · Activities of holding companies
   5. Wyoming Whiskey, Inc. 80% · USA · Distilling, bottling, sales and marketing of American craft whiskey

Significant events

• “Agreement to sell The Famous Grouse and Naked Malt brands during this financial year.”
• “Recognition of an impairment on two brands, The Glenrothes and Wyoming Whiskey.”
• “Redundancies made during the year due to lower levels of activity.”
• “The Macallan celebrated its 200th anniversary with events, campaigns and new product launches.”

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

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -12.4%

  £1,219,400,000 → £1,068,700,000

• Cash

  +32%

  £186,300,000 → £245,900,000

• Net assets

  +9.9%

  £1,234,600,000 → £1,357,300,000

• Employees

  -3.8%

  3,211 → 3,089

• Operating profit

  -21.2%

  £397,600,000 → £313,200,000

• Profit before tax

  -25.5%

  £368,400,000 → £274,400,000

• Wages

  +4.4%

  £175,000,000 → £182,700,000

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