THOMAS FRANKS LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +28.9%

  £77,468,504 → £99,851,936

• Cash

  +36.5%

  £1,901,521 → £2,594,772

• Net assets

  +23%

  £5,751,190 → £7,075,955

  highest in 3 filed years

• Employees

  +30.1%

  1,676 → 2,180

  highest in 3 filed years

• Operating profit

  +133.8%

  £1,052,515 → £2,460,566

• Profit before tax

  +135.2%

  £998,686 → £2,348,863

• Wages

  +29.6%

  £36,272,088 → £47,021,321

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

Consolidated group

Auditor

Elsby & Co (Sywell) Ltd

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 group's and the parent 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. THOMAS FRANKS LIMITED · parent
   1. Thomas Franks Portugal, Unipessoal Lda 100% · Lisboa · Contract catering
   2. Thomas Franks Malta Limited 100% · Malta · Contract catering
   3. Thomas Franks Ireland Limited 100% · Co. Donegal · Contract catering
   4. Thomas Franks Spain Catering SL 100% · Madrid · Contract catering
   5. UAB "Thomas Franks Lithuania" 100% · Lithuania · Contract catering
   6. Thomas Franks Poland sp. z o.o. 100% · Poland · Contract catering
   7. Thomas Franks Scotland Limited 100% · United Kingdom · Contract catering
   8. Thomas Franks Czech Republic s.r.o. 100% · Praha · Contract catering
   9. Thomas Franks Belgium 100% · Bruxelles · Contract catering
   10. Curo Facilities Services Limited 100% · England · General cleaning of buildings

Significant events

• “The Group has seen an impressive increase in turnover for the year of £22m (22/23 £22m) due to another year of strong sales growth. This includes expansion into geographical areas like London and Europe and in the business and industry sector. The Group has also entered into the contract cleaning sector with a new startup company, Curo Facilities Services Limited, a joint venture with Kanso Facilities Management Limited. It continues to explore new opportunities in the sports and leisure stadia sector.”
• “The Group has gained a number of awards and accreditations during the year: Investors in People - Platinum Accreditation, The Cateys - Health & Nutrition Awards 2024, Burnt Chef - Company of the Year [Runner-up] 2024, FEBE - Top 20 Business Growth Award 2024, The Big Issue - Changemakers Programme, Coeliac UK Accreditation, ISO9001 Accreditation, ISO14001 Accreditation, Planet Mark Business Certification.”
• “The Group has expanded further into Europe, with the setting up of Thomas Franks Czech Republic, Thomas Franks Belgium, Thomas Franks Hungary, Thomas Franks Italy, Thomas Franks Canada ready to start trading in 2024/25. The Scotland business has also been transferred over to a new subsidiary, Thomas Franks Scotland Limited. The business operated a branch in Switzerland during this financial year.”
• “April 2024 saw the biggest ever increase in the National Minimum Wage, which directly affects food inflation as a high percentage of workers in the farming and food manufacturing sectors are paid the minimum wage. Brexit and legislation to implement new paperwork requirements for EU businesses sending animal and plant products to the UK came in force from the end of January 2024, with physical inspections commencing in April.”
• “With the introduction of VAT on school fees from 1st January 2025, as announced in the October 2024 budget, this brought a lot of pressure on the independent school sector to deliver savings in their overheads to mitigate passing on all this increase to the parents of the pupils at their schools. This, coupled with the increase in employer's national insurance from 1st April 2025, has meant that many schools have been met with a very challenging 2025.”
• “Thomas Franks was also successful in achieving a Guinness World Record in October 2024. A team of 500 volunteers from its workforce alongside students from nearby Thomas Franks locations made 79,500 meals in a 24-hour period and now hold this title.”
• “During the year, the Company purchased a total of 12,857 of its own ordinary shares, representing 15% of the issued share capital of the Company. The nominal value of the shares purchased was £1.00 each. The aggregate consideration paid for the shares was £745,297.”
• “Thomas Franks has successfully certified to The Planet Mark certification for the reporting period 1st October 2023 to 30th September 2024 which is Thomas Franks's second year of certification. This reduction looks at a like-for-like comparison between this year and last year, so the offices which were only reported for the first time this year are not included in annual comparison for Planet Mark certification.”
• “Thomas Franks is also focused on reducing the carbon footprint of its Head Office and has been working closely with its landlord to support the implementation of a solar array to generate renewable onsite energy. These works were delayed due to an office fire in May 2024 which resulted in only 5% of the energy coming from the limited solar panels in 2024. However, works are back on track and are estimated to be completed in the next phase by summer 2025 which will have a significant impact on the Group's scope 2 carbon footprint and increase the amount of energy on the site coming from solar to an estimated 50%.”

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

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

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