ABSOLUTE TASTE LIMITED
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Cash
£76K
-10.2% vs 2024
Net assets
-£5.8M
+20.8% highest in 4 filed years
Employees
383
-1.8% vs 2024
Profit before tax
£1.7M
+342.2% highest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £40,772,950 | £42,151,220 | +3.4% | |
| Operating profit | — | — | £550,670 | £1,952,898 | +254.6% | |
| Profit before tax | -£1,026,560 | -£590,869 | £374,813 | £1,657,473 | +342.2% | |
| Net profit | -£1,093,544 | -£157,204 | £248,062 | £1,518,612 | +512.2% | |
| Cash | £46,809 | £1,664,720 | £84,473 | £75,894 | -10.2% | |
| Total assets less current liabilities | -£3,845,911 | -£5,166,119 | -£5,913,659 | -£5,399,361 | +8.7% | |
| Net assets | -£7,395,643 | -£7,552,847 | -£7,304,785 | -£5,786,173 | +20.8% | |
| Equity | -£7,395,643 | -£7,552,847 | -£7,304,785 | -£5,786,173 | +20.8% | |
| Average employees | 299 | 363 | 390 | 383 | -1.8% | |
| Wages | £9,914,005 | £13,336,828 | £11,499,881 | £10,040,949 | -12.7% | |
| Directors' remuneration | £279,364 | £255,508 | £300,359 | £300,891 | +0.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 1.4% | 4.6% | |
| Net margin | — | — | 0.6% | 3.6% | |
| Current ratio | — | — | 0.58x | 0.59x | |
| Interest cover | — | — | 1.37x | 6.61x |
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
- ABSOLUTE TASTE LIMITED 1997-02-24 → present
- STARWORKS LIMITED 1997-01-28 → 1997-02-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RPG Crouch Chapman 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.”
Group structure
- ABSOLUTE TASTE LIMITED · parent
- Absolute Taste SA 100%
- Absolute Taste Inc 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLEN, Nick | Director | 2019-01-31 | Apr 1959 | British |
| HARRIS, Nigel John | Director | 2016-12-30 | Oct 1970 | British |
| KENNERLEY, Gary Andrew | Director | 2009-11-16 | May 1975 | British |
| REDDING, Lynda Jane | Director | 1997-02-03 | Apr 1969 | British |
| TANNER, Jason Michael | Director | 2021-04-01 | Oct 1971 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ILLMAN, Robert James | Secretary | 1997-02-03 | 2004-09-01 |
| MURNANE, Timothy Nicholas | Secretary | 2004-09-01 | 2016-12-30 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1997-01-28 | 1997-02-03 |
| BURNS, David John | Director | 2018-01-17 | 2020-09-30 |
| DENNIS, Ronald, Sir | Director | 1997-02-03 | 2016-12-30 |
| EDGECOMBE, Michael Robert | Director | 2003-04-07 | 2015-05-31 |
| HENLEY, Graham Charles | Director | 2019-01-31 | 2020-09-30 |
| HITCHCOX, Oliver | Director | 2018-06-28 | 2022-01-21 |
| ILLMAN, Robert James | Director | 1997-02-03 | 2004-10-31 |
| MACLAURIN, Neil Ralph Charter, The Honourable | Director | 2016-12-30 | 2018-10-01 |
| MULROE, Andrew Michael | Director | 2019-01-31 | 2020-11-30 |
| MYERS, Andrew William | Director | 2004-10-31 | 2016-12-30 |
| SAGGERS, Michael Terry | Director | 1997-01-28 | 1997-02-03 |
| THACKREY, Edward Alan | Director | 2018-01-17 | 2019-02-15 |
| TUBB, Benjamin Clive | Director | 2002-10-04 | 2007-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Proper Food And Drink Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-01 | Active |
| The Proper Food And Drink Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-30 | Ceased 2020-09-01 |
Filing timeline
Last 20 of 171 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-23 MA Memorandum articles
- 2024-01-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-23 | MA | incorporation | Memorandum articles | |
| 2024-01-23 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-29 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full | |
| 2022-05-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-24 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-21 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.