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Cash

£2.2K

USD 3,000

-78.6% lowest in 3 filed years

Net assets

£114M

USD 152,834,000

+25.4% vs 2024

Employees

85

+9% highest in 3 filed years

Profit before tax

£31M

USD 40,806,000

+209.1% first positive since 2024

Watch the reel

Our short-form breakdown of ECOM AGROTRADE LIMITED's latest filing

Ecom Agrotrade sees profit double and boardroom pay jump as margins widen. ☕️

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £844,166,791£2,328,290,912£2,241,601,288 -3.7%
Operating profit £61,586,315£43,188,352£86,592,304 +100.5%
Profit before tax £37,503,369-£27,996,706£30,547,986 +209.1%
Net profit £28,585,866-£25,555,472£23,153,167 +190.6%
Cash £10,481£10,481£2,246 -78.6%
Total assets less current liabilities £122,671,807£96,360,982£120,738,883 +25.3%
Net assets £116,816,140£91,260,668£114,413,834 +25.4%
Equity £116,816,140£91,260,668£114,413,834 +25.4%
Average employees 667885 +9%
Wages £12,888,906£16,896,991£16,684,384 -1.3%
Directors' remuneration £1,896,767£2,291,511£4,405,600 +92.3%

Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. 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 2023-12-312024-12-312025-12-31
Operating margin 7.3%1.9%3.9%
Net margin 3.4%-1.1%1.0%
Return on capital employed 50.2%44.8%71.7%
Gearing (liabilities / total assets) 87.4%95.8%89.1%
Current ratio 1.12x
Interest cover 2.41x0.55x1.48x

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

  1. ECOM AGROTRADE LIMITED 2014-06-10 → present
  2. ARMAJARO TRADING LIMITED 1998-06-04 → 2014-06-10

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
S&W Audit
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

  1. ECOM AGROTRADE LIMITED · parent
    1. Agro ECOM Ghana Limited 99.93% · Ghana · Agricultural commodities trading
    2. West Africa Warehouse Co. Ltd 100% · Cayman Islands · Warehouse operations
    3. Unicom Holding B.V 100% · Netherlands · Holding company
    4. Armajaro Coffee Limited 100% · London · Coffee trading
    5. Armajaro Nigeria Limited 100% · Nigeria · Agricultural commodities trading
    6. ARL Commodities Limited 100% · London · Commodities trading
    7. Armajaro Vietnam Limited 100% · Vietnam · Agricultural commodities trading
    8. Armajaro Tanzania Limited 99.99% · Tanzania · Agricultural commodities trading
    9. Sustainable Management Services Ghana Limited 100% · Ghana · Sustainability management services
    10. Cofco Ghana Limited 100% · Ghana · Agricultural commodities trading
    11. Unicom Commodities Ghana Limited 100% · Ghana · Commodities trading
    12. Salmon Company Limited 100% · Tanzania
    13. Sisli Limited 100% · Tanzania

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

People

4 active · 38 resigned

Name Role Appointed Born Nationality
CHOPRA, Imogen Secretary 2013-07-22
FALCONER, Andrew David Director 2016-07-14 May 1967 British
HAYLEY, Alec William Director 2025-11-14 Oct 1962 British
WASSEIGE, Nicolas De Director 2014-09-16 Jan 1969 Belgian
Show 38 resigned officers
Name Role Appointed Resigned
BORMANN, Peter Matthias Secretary 2008-12-23 2012-07-25
LAMBERT, Martin Harold, Mr. Secretary 1998-06-04 2001-03-01
POLLOCK, Timothy Anthony Hugo Secretary 2008-02-07 2008-12-23
RYAN, Richard Ignatius Secretary 2001-03-01 2007-08-31
SPENCER, Timothy David Secretary 2007-08-31 2008-02-07
TEMPLE SECRETARIES LIMITED Corporate Nominee Secretary 1998-06-04 1998-06-04
AITKEN QUACK, Peter Noel Director 2004-04-22 2007-08-23
BORMANN, Peter Matthias Director 2010-04-29 2013-06-14
BRICKELL, Adrian James Director 2010-04-29 2012-05-11
DEBENHAM, Nicholas Reginald Peter, Mr. Director 2004-04-22 2013-11-13
DENDLE, Mark Director 2013-11-12 2016-07-14
GOWER, Richard Ivon Alexander Director 2012-10-08 2014-05-23
GOWER, Richard Ivon Alexander Director 1998-06-04 2004-04-22
GRACE, Nigel George William Director 2013-06-14 2013-07-28
GROEN, Wilhelmus Gerhard Jacobus Johannes, Mr. Director 2010-10-14 2011-07-19
HAYLEY, Alec William Director 2014-06-03 2018-07-20
HODGE, Simon Director 2018-07-26 2023-07-27
HUTCHINSON, Michael John, Mr. Director 2011-04-13 2013-01-29
LAMBERT, Martin Harold, Mr. Director 1998-06-04 2001-03-01
MCNOUGHER, Paul David Director 2023-01-11 2025-10-31
MENU, Carolus Johannes Joseph Marie Director 2006-02-08 2007-08-23
MONK, Paul Charles Director 2004-04-22 2010-04-29
PATEMAN, Stephanie Director 2013-09-13 2013-11-13
PONCELET, Alain Philippe Director 2013-11-12 2021-01-25
RYAN, Richard Ignatius Director 2001-01-01 2012-12-05
SINGH, Jasbir Director 2008-01-07 2011-07-19
SLINGER, Andrew Mark, Mr. Director 2011-01-19 2011-07-19
SPARLING, Terence James Martin Director 2008-09-23 2009-09-22
SPENCER, Timothy David Director 2007-08-31 2008-02-07
STONE, Andrew Jonathan Director 2012-07-25 2013-07-28
TOLLER, Guy Henry Director 2011-03-15 2013-11-13
TOLLER, Guy Henry Director 2011-02-01 2011-02-01
TREGAR, David Paul Director 2013-09-13 2014-05-23
VEENSTRA, Guido Aris Director 2005-01-24 2005-10-27
VENABLES, Anthony William Edward, Mr. Director 2005-02-28 2013-10-08
WARD, Anthony Richard Bangor, Mr. Director 1998-06-04 2010-04-29
WILKS, Ana Luiza Vohringer Director 2008-09-23 2012-07-25
COMPANY DIRECTORS LIMITED Corporate Nominee Director 1998-06-04 1998-06-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ecom Agrotrade Holdings Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2020-06-30

Filing timeline

Last 20 of 423 total filings

Date Type Category Description
2026-06-24 AA accounts Accounts with accounts type full
2026-01-23 CH01 officers Change person director company with change date PDF
2026-01-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-11-19 AP01 officers Appoint person director company with name date PDF
2025-11-03 TM01 officers Termination director company with name termination date PDF
2025-09-29 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-19 AA accounts Accounts with accounts type full
2025-01-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-09 AA accounts Accounts with accounts type full
2024-08-27 AD01 address Change registered office address company with date old address new address PDF
2024-01-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-27 TM01 officers Termination director company with name termination date PDF
2023-06-30 AA accounts Accounts with accounts type full
2023-01-21 RP04AP01 officers Second filing of director appointment with name PDF
2023-01-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-11 AP01 officers Appoint person director company with name date
2022-06-10 AA accounts Accounts with accounts type full
2022-01-07 CS01 confirmation-statement Confirmation statement with updates PDF
2021-08-08 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page