RIDGEWAY FOODS LIMITED
A Staffordshire-based agricultural business engaged in poultry farming and the packaging and marketing of eggs.
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Cash
£2.6M
-21.8% vs 2024
Net assets
£8.2M
-37.2% lowest in 6 filed years
Employees
6
-25% lowest in 6 filed years
Profit before tax
£493K
+169.2% highest in 6 filed years
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £15,988,706 | £18,425,523 | £18,782,821 | £11,669,253 | £3,411,565 | £4,106,332 | +20.4% | |
| Operating profit | £173,536 | £227,560 | -£103,557 | £495,373 | -£625,597 | £593,637 | +194.9% | |
| Profit before tax | £71,087 | £154,817 | -£177,009 | £382,784 | -£712,987 | £493,439 | +169.2% | |
| Net profit | -£28,494 | £480,588 | £664,336 | £935,163 | -£712,987 | £493,439 | +169.2% | |
| Cash | £0 | £64,702 | £335,544 | £2,531,503 | £3,300,231 | £2,579,941 | -21.8% | |
| Total assets less current liabilities | £17,116,888 | £16,266,634 | £15,780,737 | £15,654,547 | £13,817,006 | £9,372,087 | -32.2% | |
| Net assets | £11,607,640 | £12,088,228 | £12,752,564 | £13,687,727 | £12,974,740 | £8,153,607 | -37.2% | |
| Equity | £11,607,640 | £12,088,228 | £12,752,564 | £13,687,727 | £12,974,740 | £8,153,607 | -37.2% | |
| Average employees | 86 | 82 | 83 | 51 | 8 | 6 | -25% | |
| Wages | — | — | — | — | £459,520 | £351,041 | -23.6% | |
| 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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 1.1% | 1.2% | -0.6% | 4.2% | -18.3% | 14.5% | |
| Net margin | -0.2% | 2.6% | 3.5% | 8.0% | -20.9% | 12.0% | |
| Return on capital employed | 1.0% | 1.4% | -0.7% | 3.2% | -4.5% | 6.3% | |
| Gearing (liabilities / total assets) | — | — | — | 22.4% | 18.0% | 32.6% | |
| Current ratio | — | — | — | 5.01x | 4.91x | 2.00x | |
| Interest cover | 1.69x | 3.13x | -1.41x | 4.40x | -7.16x | 5.92x |
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
- RIDGEWAY FOODS LIMITED 2015-04-21 → present
- LDLCO NO 201 LTD 2015-04-02 → 2015-04-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net assets of £8.1m and net current assets of £2.7m. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. The company has a strong balance sheet and has reviewed its future borrowing needs, and no matters have been drawn to its attention to suggest that adequate finance will not be available on an ongoing basis on acceptable terms. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “Recent rapid inflation has presented an unexpected and unparalleled risk to all businesses in the UK. Global events have caused increased costs of certain inputs such as animal feed and electricity costs. The company operates in an industry that has seen these costs increase quickly and at a significant rate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORBETT, James Richard | Director | 2024-11-21 | Jul 1978 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORBETT, Pamela Jane | Director | 2015-04-02 | 2024-11-21 |
| CORBETT, Richard Gerard | Director | 2015-04-02 | 2024-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ridgeway Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 39 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-19 MA Memorandum articles
- 2024-11-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-23 | AA | accounts | Accounts with accounts type full | |
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | MA | incorporation | Memorandum articles | |
| 2024-11-08 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-07 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-29 | AA | accounts | Accounts with accounts type full | |
| 2022-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-28 | AA | accounts | Accounts with accounts type full | |
| 2021-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-23 | AA | accounts | Accounts with accounts type full | |
| 2020-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.