AFFCO EUROPE 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

  +95.2%

  £40,978,056 → £79,995,823

• Cash

  +97.9%

  £2,024,305 → £4,005,737

  highest in 6 filed years

• Net assets

  +42.4%

  £1,359,297 → £1,935,541

  highest in 5 filed years

• Employees

  -16.7%

  6 → 5

• Operating profit

  +204.1%

  £494,474 → £1,503,496

• Profit before tax

  +204.1%

  £494,474 → £1,503,496

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 102

Reporting scope

Standalone (parent only)

Auditor

Nortons Assurance Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Significant events

• “Affco Europe Limited turnover in 2024-25 FY doubled YOY from £41m to £80m due to a number of factors both in UK and globally.”
• “The significant investment in sourcing imported proteins by UK supermarkets over the past 18 months has been the main factor driving growth.”
• “Global protein prices have risen significantly across the globe due to combined factors of increased demand and lower production.”
• “Specifically in the UK we've seen a drastic reduction in availability of UK and Irish beef and lamb which has significantly driven the pricing up on both, driving the demand for imported.”
• “Pricing continues to drive high globally also - currently NZ Farmers are receiving record returns for their lambs never seen before.”
• “We are also seeing an impact of the post-Brexit UK-NZ Free Trade Agreement and the duty-free access to UK market NZ Beef now enjoys.”
• “In this period we have signed an MOU with one major retail partner guaranteeing both parties a minimum volume of supply in each of the next 3 years.”

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

2

last 12 months

Officers resigned

2

last 12 months

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