FRESH TRADING LIMITED
Fresh Trading Limited is the principal operating company behind the Innocent Drinks brand, manufacturing fruit juices and smoothies as a subsidiary of The Coca-Cola Company.
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Cash
—
Latest balance sheet
Net assets
£43M
-3.3% vs 2023
Employees
187
+196.8% vs 2023
Profit before tax
-£13M
+67% vs 2023
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £2,564,000 | £34,564,000 | +1,248% | |
| Operating profit | -£35,994,000 | -£7,024,000 | +80.5% | |
| Profit before tax | -£39,019,000 | -£12,895,000 | +67% | |
| Net profit | -£23,445,000 | -£1,457,000 | +93.8% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £47,843,000 | £45,491,000 | -4.9% | |
| Net assets | £44,268,000 | £42,811,000 | -3.3% | |
| Equity | £44,268,000 | £42,811,000 | -3.3% | |
| Average employees | 63 | 187 | +196.8% | |
| Wages | £5,899,000 | £16,063,000 | +172.3% | |
| Directors' remuneration | £1,227,000 | £1,323,000 | +7.8% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | — | -20.3% | |
| Net margin | — | -4.2% | |
| Return on capital employed | -75.2% | -15.4% | |
| Current ratio | 0.22x | 0.29x | |
| Interest cover | -2.05x | -1.14x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- FRESH TRADING LIMITED 1999-05-24 → present
- NAKED PRODUCTS LTD 1999-02-25 → 1999-05-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as, having reviewed the current position and cash flow projections of the Company (including those of its subsidiaries), the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future at the time of approving the financial statements. Fresh Trading Limited has received a letter of support from its ultimate parent company, The Coca-Cola Company, stating its commitment to provide continuing financial support to enable the Company to meet financial obligations as and when they fall due covering a period of twelve months from the date of approval of the financial statements, but only to the extent that money is not otherwise available to meet such liabilities.”
Group structure
- FRESH TRADING LIMITED · parent
- Innocent Limited 100%
- Innocent Asia Limited 100%
- Fresh Trading Supply B.V. 100%
- Innocent ApS 100%
- Innocent AB 100%
- Innocent Alps GmbH 100%
- Innocent Deutschland GmbH 100%
- Innocent SAS 100%
- Innocent BV 100%
- Innocent Italia S.r.l. 100%
- Innocent Iberia S.L.U 100%
- Innocent Japan Godo Kaisha 0%
- Fresh Trading Manufacturing B.V. 100%
- Innocent AS 100%
- Innocent Drinks (Shanghai) Co. Ltd. 100%
- Innocent Drinks Limited 100%
- Fresh Trading Property B.V. 100%
- Innocent BE SRL 100%
Significant events
- “In 2024, the Company liquidated it's investment in Innocent Japan Godo Kaisha.”
- “Innocent AS and Innocent Drinks (Shanghai) Co. Ltd. were both liquidated in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Neelam Ashokkumar | Secretary | 2024-06-30 | — | — |
| CANNEY, Nicholas Milton | Director | 2022-06-15 | Aug 1971 | British |
| EKPFADT, Tobias | Director | 2025-02-11 | Apr 1978 | German |
| NORMAN, Sarah Jane | Director | 2021-06-17 | Dec 1976 | British |
| PATEL, Neelam Ashokkumar | Director | 2024-06-30 | Jan 1983 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALON, Adam Richard | Secretary | 1999-04-28 | 2013-05-03 |
| DAVENPORT, James Lewis | Secretary | 2013-05-03 | 2024-06-30 |
| VINCENT, Jonathan | Secretary | 1999-03-05 | 1999-04-28 |
| BRIGHTON DIRECTOR LIMITED | Corporate Nominee Secretary | 1999-02-25 | 1999-03-05 |
| BALON, Adam Richard | Director | 1999-04-28 | 2013-05-03 |
| DAVENPORT, James Lewis | Director | 2013-05-03 | 2024-06-30 |
| HAXBY, Sarah Kate | Director | 1999-03-05 | 1999-04-28 |
| HYDLEMAN, Louis Jules | Director | 1999-04-28 | 2007-06-29 |
| LAMONT, Douglas Ross | Director | 2013-05-03 | 2022-07-31 |
| MORI, Sandra | Director | 2013-05-03 | 2018-12-21 |
| PINTO, Maurice Elias | Director | 2007-06-29 | 2010-05-19 |
| QUINCEY, James | Director | 2009-05-29 | 2015-09-01 |
| REED, Richard John | Director | 1999-04-28 | 2013-05-03 |
| ROCHE, Scott Edward | Director | 2013-05-03 | 2021-02-18 |
| RUIZ, Gonzalo | Director | 2013-05-03 | 2015-06-22 |
| VINCENT, Jonathan | Director | 1999-03-05 | 1999-04-28 |
| WRIGHT, Jonathan Carlton Langley | Director | 1999-04-28 | 2013-05-03 |
| BRIGHTON DIRECTOR LIMITED | Corporate Nominee Director | 1999-02-25 | 1999-03-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| European Refreshments | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 152 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-08-23 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-16 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-09 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.