S D RAMSDEN & CO LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -7.9%

  £45,058,638 → £41,513,474

• Cash

  +19.5%

  £1,231,938 → £1,472,695

• Net assets

  +5.6%

  £1,448,089 → £1,528,714

• Employees

  -6.9%

  102 → 95

• Operating profit

  -63%

  £542,803 → £201,067

• Profit before tax

  -74.7%

  £422,368 → £106,903

• Wages

  +2.3%

  £4,282,516 → £4,378,974

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.

1. S D RAMSDEN & CO LIMITED 2014-01-10 → present
2. WILCHAP 30 (GY) LIMITED 2012-01-09 → 2014-01-10

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

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. At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. S D RAMSDEN & CO LIMITED · parent
   1. Ramsden Europe B.V. 100% · Belgium · A wholesale exporter of goods

Significant events

• “In 2024, S D Ramsden & Co Limited continued to operate in a competitive and challenging market environment. The company reported a turnover of £40.6 million, reflecting a 7.7% decrease compared to the previous year (2023: £43.9 million), primarily due to tough trading conditions caused by the Suez Canal and the collapse of a major customer.”
• “Despite a decline in overall profitability, the business continued to generate positive earnings and remained cash-generative. The directors are satisfied with the company's performance over the year and remain confident in its long-term prospects. They are committed to further strengthening the company's financial position. Encouragingly, trading in early 2025 has already surpassed 2024 levels and is tracking ahead of budget expectations.”
• “PRINCIPAL RISKS AND UNCERTAINTIES: Foreign currency risk, Credit risk, Competitor risk.”
• “FUTURE DEVELOPMENTS: The company plans to continue its focus on international markets, particularly in regions where demand for its products remains strong. To sustain this growth, the company will: Stabilising and Growing Revenue, Cost Efficiency and Operational Improvement, Debt Management.”
• “During the year ended 31st December 2017, the company set up an EMI share option scheme for the benefit of certain employees. The first of these options was exercised in the 2018, resulting in a benefit to the employees of £37,386. In 2019, the second of these options was exercised resulting in a benefit to the employees of £71,431. In 2020, the third of these options was exercised resulting in a benefit to the employees of £26,668. In 2021, no option was exercised. In 2022, the fourth of these options was exercised which resulted in a benefit to the employees of £40,567. During the prior year and the current year no option was exercised.”

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

Filings

3

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.