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Next accounts due

2026-06-29 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2026-09-22 (in 4mo)

Last made up 2025-09-08

Watchouts

1 item

Cash

£5M

+20.8% highest in 4 filed years

Net assets

£11M

+29.5% highest in 4 filed years

Employees

5

0% vs 2023

Profit before tax

£3M

-31.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

5-year trend · latest reflected 2024-09-30

Metric Trend 2019-09-302020-09-302021-09-302023-09-302024-09-30
Turnover £36,334,595£39,419,010£73,678,583£77,639,866
Operating profit £1,003,655£735,493£4,879,149£3,207,019
Profit before tax £1,003,688£733,849£4,889,668£3,343,797
Net profit £817,645£580,754£3,586,275£2,512,912
Cash £1,773,639£1,955,194£3,924,996£4,742,045
Total assets less current liabilities £2,907,582£3,491,728£9,489,624£11,630,876
Net assets £2,877,228£3,411,982£8,320,046£10,774,303
Equity £2,133,583£2,877,228£3,411,982£8,404,346£10,858,047
Average employees 3355
Wages £193,531£211,381£326,627£375,338
Directors' remuneration

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

Year-on-year

FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-09-302020-09-302021-09-302023-09-302024-09-30
Operating margin 2.8%1.9%6.6%4.1%
Net margin 2.3%1.5%4.9%3.2%
Return on capital employed 34.5%21.1%51.4%27.6%
Gearing (liabilities / total assets) 51.9%42.6%
Current ratio 1.95x2.34x
Interest cover 447.38x186.08x262.61x

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.

Name history

Renamed 1 time since incorporation

  1. IBERVEG (UK) LIMITED 2012-01-27 → present
  2. SPREAD ANALYTICS LIMITED 2011-03-17 → 2012-01-27

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Thomas Alexander & Co
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the Group Strategic Report, Report of the Directors and Consolidated Financial Statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the Group Strategic Report, Report of the Directors and Consolidated Financial Statements is appropriate.”

Group structure

  1. IBERVEG (UK) LIMITED · parent
    1. BEDSTE Tider SL 99% · Almeria
    2. RV Export BV 50% · Poeldijk
    3. SG Salads Limited 50% · Essex

Significant events

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

People

1 active · 3 resigned

Name Role Appointed Born Nationality
VATER, Richard James Director 2011-03-17 Nov 1966 British
Show 3 resigned officers
Name Role Appointed Resigned
BROWN, Bradley Stanton Director 2012-03-20 2017-07-28
MURPHY, John Director 2011-03-17 2011-03-17
VATER, David Robert Director 2018-10-01 2018-10-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Iberveg Holdings Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-09-22 Active
Ibe Investments Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-07-30 Ceased 2025-09-22
Mr Richard James Vater Individual Shares 75–100% 2016-04-06 Ceased 2025-07-30

Filing timeline

Last 20 of 58 total filings

Date Type Category Description
2025-09-26 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-25 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-09-25 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-08-04 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-08-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-07-02 AA accounts Accounts with accounts type group
2024-09-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-26 AA accounts Accounts with accounts type group
2023-09-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-23 AA accounts Accounts with accounts type group
2023-06-16 AA01 accounts Change account reference date company previous shortened PDF
2022-11-11 AD01 address Change registered office address company with date old address new address PDF
2022-11-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-15 AA accounts Accounts with accounts type full PDF
2021-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-28 AA accounts Accounts with accounts type full
2020-10-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-15 AD01 address Change registered office address company with date old address new address PDF
2020-06-24 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2020-03-16 AA accounts Accounts with accounts type total exemption full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

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.

Official Companies House page