OATLY UK 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

  -6.2%

  £111,784,491 → £104,829,947

• Cash

  —

  Not reported

• Net assets

  +27.3%

  £7,180,451 → £9,140,616

  highest in 4 filed years

• Employees

  +22%

  50 → 61

  highest in 4 filed years

• Operating profit

  +3.6%

  £1,671,304 → £1,730,909

• Profit before tax

  +38.3%

  £1,394,683 → £1,928,969

  highest in 4 filed years

• Wages

  +26.4%

  £4,013,290 → £5,072,934

  highest in 4 filed years

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

Standalone (parent only)

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net current assets and the company is expected to be further cash generative in the foreseeable future. However, the company has no bank balance due to the cash pooling function which has been adopted within the wider Oatly group. The company is dependent on cash support in order to meet liabilities as they fall due, which the wider Oatly group will continue to provide for at least 12 months from the date of signing these financial statements. Therefore, after making enquiries the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities for a period of at least twelve months from the date these financial statements were approved. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “During the financial year ending 31 December 2024, Oatly UK Ltd continued to deliver robust performance in the UK market. Growth was supported by the launch of new oat milk products and formats, alongside steady consumer demand for plant-based alternatives. The company also executed targeted brand campaigns, particularly focused on promoting the health benefits of oat-based products and addressing misinformation surrounding plant-based nutrition.”
• “Operational efficiencies and strategic initiatives contributed to improved gross margins, in line with the wider Oatly Group's transformation agenda. These efforts reflect the company's commitment to sustainable growth, innovation, and operational excellence.”

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

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.