W.A. BAXTER & SONS (HOLDINGS) LIMITED

1. W.A. BAXTER & SONS (HOLDINGS) LIMITED 2006-12-21 → present
2. BAXTERS FOOD GROUP LIMITED 2002-07-31 → 2006-12-21
3. LOTHIAN FIFTY (891) LIMITED 2002-06-26 → 2002-07-31

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“This review has satisfied the Directors that the Group and company have sufficient resources to meet their liabilities and demonstrate compliance with the financial covenants for at least 12 months from the date of the approval of the financial statements. Therefore, the Directors have confirmed that the financial statements should be prepared on a going concern basis.”

Group structure

1. W.A. BAXTER & SONS (HOLDINGS) LIMITED · parent
   1. Baxters North America Holdings Inc 100% · USA · Holding Company
   2. BNA Holdings Inc 100% · USA · Holding Company
   3. Baxters North America Inc 100% · USA · Manufacture/sale foodstuffs
   4. Bluegrass Holdings LLC 100% · USA · Holding Company
   5. Orexis Fresh Foods Limited 100% · UK · Manufacture/sale foodstuffs
   6. Baxters Food Group Properties Pty Limited 100% · Australia · Property rental
   7. Baxters Foods Australia Pty Limited 100% · Australia · Manufacture/sale foodstuffs
   8. Baxters Polska Sp Z.O.O 100% · Poland · Manufacture/sale foodstuffs
   9. Baxters Food Group Limited 100% · Scotland · Manufacture/sale foodstuffs

Significant events

• “Our US business, which as expected, has seen an uptick during the year which will continue into the next fiscal. This is largely due to our military contracts which have seen large increases in response to the hurricanes which devastated various parts of America during the latter part of 2024.”
• “new customer wins with blue-chip organisations and leveraged our expertise in pet food to grow the US business.”
• “undertook a successful sale and leaseback of our Oregon and Kentucky properties with one of our key strategic partners.”
• “The Fray Bentos brand benefited from the newly installed pouch line at our Fochabers factory”
• “We were delighted to launch a two-year, national corporate partnership with anti-poverty charity and community of food banks, Trussell (formerly The Trussell Trust) in November 2024.”
• “2024 was also the inaugural year of our 'Super Good Award'; a financial award of £50k that we intend to make to a charity nominated by our employees in each financial year.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +3%

  £376,295,000 → £387,726,000

• Cash

  -67.8%

  £1,300,000 → £418,000

• Net assets

  -7.2%

  £103,261,000 → £95,793,000

• Employees

  -14.2%

  1,646 → 1,413

• Operating profit

  +43.5%

  £15,542,000 → £22,297,000

• Profit before tax

  +47%

  -£13,568,000 → -£7,194,000

• Wages

  -17.2%

  £79,430,000 → £65,740,000

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