STAPLES (VEGETABLES) LIMITED
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Next accounts due
2027-01-05 (in 8mo)
Last filed for 2025-04-05
Confirmation statement due
2027-01-30 (in 8mo)
Last made up 2026-01-16
Watchouts
Cash
£19M
+622% vs 2024
Net assets
£22M
+28.6% vs 2024
Employees
1,277
+2.2% vs 2024
Profit before tax
£2M
+3.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · latest reflected 2025-04-05
| Metric | Trend | 2020-08-31 | 2021-04-05 | 2022-04-05 | 2023-04-05 | 2024-04-05 | 2025-04-05 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £151,372,411 | £169,633,076 | |
| Operating profit | — | — | — | — | £2,422,079 | £2,690,474 | |
| Profit before tax | — | — | — | — | £2,220,255 | £2,297,776 | |
| Net profit | — | — | — | — | £3,271,706 | £4,905,990 | |
| Cash | — | — | — | — | £2,603,807 | £18,800,429 | |
| Total assets less current liabilities | — | — | — | — | £19,367,480 | £24,536,896 | |
| Net assets | — | — | — | — | £17,150,652 | £22,056,642 | |
| Equity | £13,757,679 | £14,821,479 | £14,487,194 | £14,579,471 | £17,150,652 | £22,056,642 | |
| Average employees | — | — | — | — | 1,250 | 1,277 | |
| Wages | — | — | — | — | £40,428,748 | £46,579,384 | |
| Directors' remuneration | — | — | — | — | £17,821 | £17,821 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-04-05 vs 2024-04-05
-
Turnover
+12.1%
£151,372,411 £169,633,076
-
Cash
+622%
£2,603,807 £18,800,429
-
Net assets
+28.6%
£17,150,652 £22,056,642
-
Employees
+2.2%
1,250 1,277
-
Operating profit
+11.1%
£2,422,079 £2,690,474
-
Profit before tax
+3.5%
£2,220,255 £2,297,776
-
Wages
+15.2%
£40,428,748 £46,579,384
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-08-31 | 2021-04-05 | 2022-04-05 | 2023-04-05 | 2024-04-05 | 2025-04-05 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 1.6% | 1.6% | |
| Net margin | — | — | — | — | 2.2% | 2.9% | |
| Return on capital employed | — | — | — | — | 12.5% | 11.0% | |
| Current ratio | — | — | — | — | 1.18x | 1.25x | |
| Interest cover | — | — | — | — | 7.17x | 6.01x |
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.
Name history
Renamed 1 time since incorporation
- STAPLES (VEGETABLES) LIMITED 1977-12-31 → present
- STAPLES BROS. (YORK) LIMITED 1952-02-19 → 1977-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Dexter & Sharpe Audit Services Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company continues to develop and invest in the latest equipment and cutting-edge technology to deliver optimal efficiency, productivity and mitigate industry risks. Total capital spend in the year on plant, machinery and vehicles amounted to £2.8m.”
- “The company is committed to driving out evidence of modern-day slavery and human trafficking from the industry and will ensure that industry leading targets are set, achieved and maintained.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| READ, Vernon Edward | Secretary | 1992-04-05 | — | British |
| BURRELL, Lee | Director | 2025-11-14 | Aug 1969 | British |
| CARR, Dan | Director | 2025-11-14 | Jun 1978 | British |
| KENNING, Howard | Director | 2025-11-14 | Sep 1975 | British |
| MASSINGHAM, Peter | Director | 2025-11-14 | Oct 1968 | British |
| READ, George | Director | 1992-10-21 | Apr 1970 | British |
| READ, Vernon Edward | Director | — | Aug 1968 | British |
| WELBERRY, Jon | Director | 2025-11-14 | Mar 1973 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| READ, Janet | Secretary | — | 1992-04-05 |
| READ, Janet | Director | 2009-09-01 | 2025-11-14 |
| READ, Janet | Director | — | 1997-05-09 |
| STAPLES, Dorothy May | Director | — | 1992-04-05 |
| STAPLES, William Edward | Director | — | 1992-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vectis Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-11-17 | Active |
| S Farms Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-24 | Ceased 2025-11-17 |
| Mr Vernon Edward Read | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-03-09 |
| Mr George Read | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-03-09 |
| Janet Read | Individual | significant-influence-or-control-as-trust | 2016-04-06 | Ceased 2021-02-24 |
Filing timeline
Last 20 of 153 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-19 RESOLUTIONS Resolution
- 2026-03-19 MA Memorandum articles
- 2025-04-08 MA Memorandum articles
- 2025-04-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AD03 | address | Move registers to sail company with new address | |
| 2026-04-29 | AD02 | address | Change sail address company with new address | |
| 2026-03-19 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-19 | MA | incorporation | Memorandum articles | |
| 2026-03-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-12-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | MA | incorporation | Memorandum articles | |
| 2025-04-08 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 0
- Officers appointed
- 5
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.