SHEPPEE INTERNATIONAL 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

  -15.2%

  £20,397,773 → £17,290,558

• Cash

  -5.3%

  £2,896,432 → £2,743,211

• Net assets

  -35.4%

  £6,501,872 → £4,201,493

• Employees

  -3.3%

  61 → 59

• Operating profit

  -20.8%

  £3,512,923 → £2,782,214

• Profit before tax

  -20.8%

  £3,511,084 → £2,782,427

• Wages

  -6.2%

  £2,661,675 → £2,497,024

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. SHEPPEE INTERNATIONAL LIMITED 1993-05-10 → present
2. PADDICO (115) LIMITED 1993-02-22 → 1993-05-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered all factors, including in the wider economy, as part of their assessment of going concern. Although the current economic and political climate creates both cashflow and profitability risks for the company, the company continues to trade profitably and is cash generative. Budgets and cashflows have been prepared using assumptions for customer demand and supply chain costs. These budgets and cashflows indicate continuing profitability and cash generation, consequently the directors believe on balance that they have sufficient resources to enable trading to continue for a period of at least one year from the date of approval of the financial statements. Accordingly, these financial statements have been prepared on the going concern basis.”

Significant events

• “2023 was the first year in four that we along with other organisations were not adversely affected by the significant external factors of the COVID pandemic and the supply chain issues in sourcing key electrical components.”
• “The levels of UK inflation have fallen significantly from the 10-year peak in October 2022. This has allowed us to maintain our 2024 price list into 2025, this may need reviewing in mid-2025 when we know the impact of the changes to employers national insurance has on our supply chain.”
• “A new stacker was developed with one of our development partners, CT, and was successfully put on display at the Glass tech show in October 2024.”
• “We have recently started to supply newly developed and standard equipment into the tableware industry an area of the glass industry not normally a significant user of Sheppee equipment.”

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

Filings

1

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.