FRIMPEKS 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

  -4%

  £21,822,529 → £20,949,715

• Cash

  +16.3%

  £384,467 → £446,995

  highest in 6 filed years

• Net assets

  +2,032.9%

  -£48,480 → £937,058

  first positive since 2023

• Employees

  -10.8%

  74 → 66

• Operating profit

  +30.2%

  -£1,803,136 → -£1,257,694

• Profit before tax

  +28.5%

  -£2,167,269 → -£1,550,406

• Wages

  -5.7%

  £2,784,073 → £2,625,110

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

Menzies LLP

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 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. The financial statements have been prepared on the going concern basis despite the company being loss making and reporting negative retained earnings. The reasoning behind preparing the financial statements on such basis following confirmation of continued financial support from the parent undertaking for a period exceeding 12 months from the date of signing these financial statements.”

Significant events

• “New challenges facing the industry such as EUDR (European Deforestation Regulations) which were due come in to force in December 2024 have been delayed by 12 months, and whilst administratively cumbersome and another cost that business will have to bear could ultimately lead to a reduction in materials being imported from outside of the EU, and will inevitably lead to raw material inflation, but could also help to curb the additional competition that has been active in the market in the two to three years, notably from China.”
• “Towards the end of the year, uncertainty in global markets linked to the threat of tariffs in the US, coupled with the change in UK government is clearly driving more caution with regard to discretionary spending.”

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

1

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.