HARTSHEAD MEATS (2011) 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

  +38.4%

  £54,349,469 → £75,209,296

• Cash

  +18.7%

  £1,502,834 → £1,783,944

• Net assets

  +30.9%

  £4,070,235 → £5,326,802

• Employees

  +3.3%

  60 → 62

• Operating profit

  +47%

  £1,651,200 → £2,426,937

• Profit before tax

  +46.2%

  £1,663,092 → £2,431,574

• Wages

  +4.5%

  £2,143,331 → £2,240,514

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

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on this assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “Turnover increased by 38% to £75.2m (2024: £54.3m), driven by higher throughput and significant price inflation across beef and lamb categories.”
• “UK beef prices reached record levels during the year, while lamb prices remained above historical norms.”
• “Profit before tax rose to £2.43m (2024: £1.66m), with gross margin maintained at 6.67% (2024: 6.92%), demonstrating effective cost control despite rising livestock and processing costs.”
• “Net current assets improved to £2.66m (2024: £1.57m), and profit and loss reserves strengthened to £5.30m (2024: £4.04m).”
• “Debtor days increased slightly to 29 (2024: 26) but remain within sector norms.”
• “The company is well positioned to manage ongoing volatility in livestock supply and pricing.”
• “The company has no external borrowings which contributes to the strength of the balance sheet.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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