CREDITON MILLING COMPANY LIMITED

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

• Turnover

  +10.1%

  £69,465,598 → £76,460,121

• Cash

  +156.2%

  £1,113,487 → £2,852,969

• Net assets

  +2.6%

  £4,862,507 → £4,989,763

• Employees

  +2%

  99 → 101

• Operating profit

  +7.1%

  £3,002,834 → £3,216,116

• Profit before tax

  +5.2%

  £3,020,071 → £3,175,849

• Wages

  +13.3%

  £3,779,222 → £4,282,475

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

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

Westcotts (SW) LLP

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

• “Company performance during the year and into the following 2025/26 financial period continues to be influenced by worldwide inflationary pressures. The company has strived to minimise the effects of these pressures on its customers.”
• “The total distribution of dividends for the year ended 30 June 2025 will be £2,250,000.”
• “The company's bankers hold an unlimited cross guarantee given by CMC Holdings (SW) Ltd as security against the borrowings of Crediton Milling Company Ltd. The bank also holds a charge against other company assets by means of a debenture. The hire purchase contracts are secured against various tangible fixed assets. The company's bankers, Barclays Bank PLC, hold a debenture over the company's assets dated 23 May 2025.”
• “At the balance sheet date, the Company was committed to purchase goods for resale £22,147,390 (2024: 20,301,665) under a portfolio of forward contracts.”

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.