LEATHAMS 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

  +7.1%

  £73,061,000 → £78,218,000

• Cash

  -6.5%

  £5,942,000 → £5,556,000

• Net assets

  +2.1%

  £18,626,000 → £19,021,000

• Employees

  +2.8%

  141 → 145

• Operating profit

  +18.5%

  £2,902,000 → £3,438,000

• Profit before tax

  +24.2%

  £2,640,000 → £3,280,000

• Wages

  +1%

  £7,012,000 → £7,079,000

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

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.

1. LEATHAMS LIMITED 2010-10-13 → present
2. LEATHAMS PLC 1997-09-24 → 2010-10-13
3. LEATHAMS LARDER PLC 1982-12-29 → 1997-09-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Group has net assets of £19,021k (2024 - £18,626k) and net current assets of £6,988k (2024 - £6,326k). The directors prepare a 2-year budget based on prudent assumptions, which assists with planning and ensuring the business continues to have the correct resource in place to support its ongoing success. Their decisions are based on a prudent and realistic assessment of the economic outlook which allows them to steer the direction of the Group. The Group's operations are expected to maintain a strong cash position, and based on forward projections, they believe that it is appropriate to apply the going concern assumption. The directors have a reasonable expectation that the Group and Company has adequate resources to continue in operational existence for the foreseeable future being at least the next 12 months from signing of these financial statements.”

Group structure

1. LEATHAMS LIMITED · parent
   1. Brital Foods Limited 100% · England and Wales · Wholesale distribution of wheat-based products (pasta and bread) as well as Italian ready meals
   2. Sunblush Limited 100% · England and Wales · Dormant
   3. Chefs Brigade Limited 100% · England and Wales · Dormant
   4. Charcuti Limited 100% · England and Wales · Dormant

Significant events

• “On 01 September 2025, 100% of the equity of the previously demerged Merchant Gourmet business which has similar shareholders to the Leathams Group was sold to Premier Foods Ltd for an Enterprise value of £48m. While Leathams® continues to act as a distributor of Merchant Gourmet® branded products to the UK Food Service and Food Manufacturing sectors, the phasing out of shared overheads with Merchant Gourmet, principally in Finance and IT, will increase costs for the Leathams Group in 2025/26. In response the Directors have initiated cost saving programmes to minimise the long-term impact of such changes.”

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.