ZAFRON FOODS LIMITED
Zafron Foods Limited is a West Yorkshire-based manufacturer of food products operating as a subsidiary of the French group Solina Corporate SAS.
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Cash
£3.8m
+199.9% highest in 6 filed years
Net assets
£16m
+16.1% vs 2024
Employees
95
-1% vs 2024
Profit before tax
£7.8m
-28.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £10,187,498 | £22,627,281 | £25,935,084 | £42,394,994 | £42,994,000 | £43,646,000 | +1.5% | |
| Operating profit | £1,757,950 | £5,214,586 | £5,688,396 | £9,378,707 | £10,537,000 | £7,822,000 | -25.8% | |
| Profit before tax | £1,649,846 | £5,068,866 | £5,634,313 | £9,567,353 | £10,917,000 | £7,778,000 | -28.8% | |
| Net profit | £1,499,215 | £4,402,511 | £4,737,356 | £7,458,726 | £7,880,000 | £5,782,000 | -26.6% | |
| Cash | £601,909 | £101,063 | £365,881 | £456,807 | £1,281,000 | £3,842,000 | +199.9% | |
| Total assets less current liabilities | £5,869,233 | £7,232,089 | £11,035,515 | £18,333,210 | £15,115,000 | £17,459,000 | +15.5% | |
| Net assets | £3,881,638 | £6,421,826 | £10,394,867 | £17,853,593 | £14,139,000 | £16,421,000 | +16.1% | |
| Equity | £3,881,638 | £6,421,826 | £10,394,867 | £17,853,593 | £14,139,000 | £16,421,000 | +16.1% | |
| Average employees | 55 | 81 | 90 | 88 | 96 | 95 | -1% | |
| Wages | £858,949 | £1,587,890 | £1,717,403 | £3,160,296 | £3,740,000 | £3,690,000 | -1.3% | |
| Directors' remuneration | £78,567 | £83,908 | £83,053 | £208,895 | £352,000 | £25,000 | -92.9% | |
| Directors' pension contributions | £NaN | £NaN | £NaN | £60,834 | £0 | £0 | — | |
| Highest paid director | £NaN | £NaN | £NaN | £269,729 | £352,000 | £25,000 | -92.9% |
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 | 2021-03-31 | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 17.3% | 23.0% | 21.9% | 22.1% | 24.5% | 17.9% | |
| Net margin | 14.7% | 19.5% | 18.3% | 17.6% | 18.3% | 13.2% | |
| Return on capital employed | 30.0% | 72.1% | 51.5% | 51.2% | 69.7% | 44.8% | |
| Gearing (liabilities / total assets) | 59.5% | 50.6% | 31.5% | 25.4% | 32.6% | 24.9% | |
| Current ratio | — | — | — | 3.34x | 2.36x | 3.28x | |
| Interest cover | 16.22x | 35.77x | 98.01x | — | 74.20x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Management has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern.”
Significant events
- “After the year end dividends of £1,610,000 were paid, which have not been provided for in these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARTLEY, Lorraine Alexandra | Secretary | 2026-04-27 | — | — |
| FRANCHETERRE, Antony Xavier | Director | 2022-05-31 | Mar 1970 | French |
| MULLER, Lorraine | Director | 2026-02-20 | May 1979 | British |
| VAN TROYS, Maria Elza Marleen | Director | 2022-05-31 | Oct 1965 | Belgian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KENNY, Grace | Secretary | 2010-06-01 | 2012-03-30 |
| NEWTON, John Gareth | Secretary | 2022-05-31 | 2026-04-27 |
| OLIVER, Christopher Francis | Secretary | 2007-10-26 | 2008-11-20 |
| DYER & CO SERVICES LIMITED | Corporate Secretary | 2012-03-30 | 2022-05-31 |
| ALLEN, Russell Clifford | Director | 2007-10-26 | 2008-11-20 |
| ATHWAIN, Manjit | Director | 2012-03-30 | 2022-05-31 |
| BOWEY, John | Director | 2016-01-13 | 2022-05-31 |
| JONES, Adam | Director | 2022-05-31 | 2026-02-20 |
| KENNY, Grace | Director | 2017-01-24 | 2022-05-31 |
| KENNY, Grace | Director | 2009-03-12 | 2012-03-30 |
| KENNY, Jack Anthony Charles | Director | 2007-10-26 | 2025-01-23 |
| KENNY, Janet | Director | 2012-05-23 | 2022-05-31 |
| KENNY, Thomas Patrick Paul | Director | 2009-01-01 | 2022-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Solina Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-31 | Active |
| Thomas Patrick Paul Kenny | Individual | Shares 25–50% | 2016-10-20 | Ceased 2022-05-31 |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-16 RESOLUTIONS Resolution
- 2022-06-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-17 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-20 | AA | accounts | Accounts with accounts type full | |
| 2025-02-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-13 | AA | accounts | Accounts with accounts type medium | |
| 2024-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type medium | |
| 2023-02-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2022-07-13 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-07-12 | CH01 | officers | Change person director company with change date | |
| 2022-06-16 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-16 | MA | incorporation | Memorandum articles | |
| 2022-06-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-06-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.