STRACHANS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. STRACHANS LIMITED 1992-04-01 → present
2. JOHN STRACHAN & SONS (WHOLESALE GROCERS) LIMITED 1977-03-30 → 1992-04-01

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is profitable and cash-generative and is financed solely by cash from operations with no external debt. The company does form part of a cash pooling arrangement with the intermediate parent company Wrist Ship Supply AS (the "Group") and has access to a Group Treasury function, however, this is not utilised given the strong intercompany receivable on the balance sheet. The directors have taken into consideration the ability and intent of the intermediate parent company to provide support, including the receipt of a letter of support from the intermediate parent entity. The directors have taken into consideration uncertainties arising from the economic environment and expect that, even in reasonably possible downside scenarios; it will be able to meet its liabilities as they fall due. The company continues to monitor the impacts of inflation however expect the impact to be manageable going forward. The directors, therefore, consider there to be adequate resources to continue in operational existence for a period of at least 12-months from the approval date of these financial statements and therefore continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The ultimate controlling party changed on 11 March 2025 to JFL Equity Investors LP following their acquisition of the controlling interest from the previous controlling party Altor Fund II GP Limited.”

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

0

last 12 months

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

• Turnover

  +4.9%

  £72,741,000 → £76,330,000

• Cash

  0%

  £62,000 → £62,000

• Net assets

  -6.8%

  £11,274,000 → £10,505,000

• Employees

  -0.8%

  118 → 117

• Operating profit

  +29.1%

  £3,211,000 → £4,144,000

• Profit before tax

  +28.4%

  £3,365,000 → £4,320,000

• Wages

  -1.1%

  £5,235,000 → £5,176,000

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