FEDRIGONI U.K. 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

  +0.5%

  £33,023,452 → £33,175,103

• Cash

  +239.7%

  £300,435 → £1,020,656

• Net assets

  +10.1%

  £9,204,502 → £10,130,731

  highest in 3 filed years

• Employees

  -9.8%

  41 → 37

  lowest in 3 filed years

• Operating profit

  -45.9%

  £765,323 → £413,965

• Profit before tax

  -27.8%

  £1,740,554 → £1,256,309

• Wages

  +21.9%

  £1,343,856 → £1,637,744

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 101

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the financial position of the company at 31 December 2024 and forecasts for a period of 12 months from the date of signing these financial statements. In light of these forecasts, they consider that the company has adequate resources to continue in operational existence for the foreseeable future. For Fedrigoni UK, the directors have assessed the risks noted and their impact in terms of turnover, profit and cashflow, and ultimately believe the company will be self-sufficient and able to maintain a positive cash reserve for the twelve months following the signing of the audit report. Combined with a close to fully insured debtor book and Fedrigoni UK being an important component of the Group's strategic distribution network, the directors consider that the preparation of the accounts on a going concern basis remains appropriate.”

Significant events

• “The year 2024 marked a period of stabilisation for the UK subsidiary, following a particularly challenging 2023. During 2023, the market experienced significant volatility as major clients and UK-based merchants undertook efforts to realign inventory levels that had been elevated throughout 2022.”
• “Despite the persistent uncertainty in the global economic landscape throughout 2024, Fedrigoni U.K. Limited demonstrated resilience. Revenue levels reflected a reassuring trend of steady recovery, signalling a return to more sustainable trading conditions and laying a firm foundation for future growth.”
• “Fedrigoni U.K. Limited has a retail shop in central London under the Fabriano Boutique brand, selling high end stationery and leather goods. The store is a non-essential retail outlet and it has now virtually fully recovered to pre Covid levels.”

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

Filings

6

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.