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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-29

Confirmation statement due

2026-05-15

Overdue

Watchouts

1 item

Cash

£61M

EUR 69,681,000

+265.8% vs 2023

Net assets

£512M

EUR 588,489,000

-6% vs 2023

Employees

1,376

+2.5% vs 2023

Profit before tax

-£41M

EUR -47,043,000

-126.2% vs 2023

Watchouts

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

Accounts

2-year trend · latest reflected 2024-09-29

Metric Trend 2023-09-242024-09-29
Turnover £697,152,796£707,985,042
Operating profit £160,128,707-£39,833,899
Profit before tax £156,097,922-£40,910,514
Net profit £125,758,762-£31,539,264
Cash £16,567,528£60,597,443
Total assets less current liabilities £584,197,756£583,261,153
Net assets £544,274,285£511,774,067
Equity £544,274,285£511,774,067
Average employees 1,3421,376
Wages £58,866,858£63,328,115
Directors' remuneration £1,707,975£1,965,388

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-09-29 vs 2023-09-24

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 2023-09-242024-09-29
Operating margin 23.0%-5.6%
Net margin 18.0%-4.5%
Return on capital employed 27.4%-6.8%
Gearing (liabilities / total assets) 37.7%28.5%
Current ratio 1.72x2.76x
Interest cover 12.49x-11.62x

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. ASR GROUP EUROPE LIMITED 2019-12-18 → present
  2. ASR GROUP LIMITED 2015-05-01 → 2019-12-18

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the future after forecasting cash flows and considering risks and uncertainties, including the impact of inflation and the ongoing war in Ukraine and Middle East. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. ASR GROUP EUROPE LIMITED · parent
    1. T&L Sugars Ltd 100% · UK
    2. ASR Group Europe (Property) Limited 100% · UK
    3. ASR Group Ltd 100% · UK
    4. Tate & Lyle Sugars Ltd 100% · UK
    5. Sidul II Lda 100% · Portugal
    6. Belize Sugar Industries Ltd 81.21% · Belize
    7. Belize Cogeneration Energy Ltd 81.21% · Belize
    8. SRB S.p.A. 50% · Italy

Significant events

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

People

5 active · 5 resigned

Name Role Appointed Born Nationality
STEBBINGS, Paul Secretary 2015-05-01
ARORA, Tarun Director 2019-09-30 May 1979 British
BUENAVENTURA, Gabriel Director 2017-09-25 Feb 1975 Spanish
JONES, Andrew Director 2019-09-30 Oct 1969 British
TABERNILLA, Armando Director 2015-05-01 Nov 1959 American
Show 5 resigned officers
Name Role Appointed Resigned
JONES, Andrew Director 2015-05-01 2017-09-24
ROMAIN, Douglas Director 2015-05-01 2017-09-24
SMITH, Gregory Director 2015-05-01 2017-09-24
SPROULL, Robert Director 2015-05-01 2017-09-24
WIDMER, Jahn Director 2015-05-01 2015-07-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Antonio Luis Contreras Individual Significant influence 2016-04-06 Ceased 2022-12-31
Mr Luis Javier Fernandez Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 44 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2020-05-12 MA Memorandum articles
  • 2020-05-12 RESOLUTIONS Resolution
  • 2020-05-12 RESOLUTIONS Resolution
  • 2019-12-18 RESOLUTIONS Resolution PDF
Date Type Category Description
2025-06-10 AA accounts Accounts with accounts type group
2025-05-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-05 AA accounts Accounts with accounts type group
2024-05-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-23 AA accounts Accounts with accounts type group
2023-05-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-02 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-06-28 AA accounts Accounts with accounts type group
2022-05-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-29 AA accounts Accounts with accounts type group
2021-05-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-07-09 AA accounts Accounts with accounts type group
2020-05-12 MA incorporation Memorandum articles
2020-05-12 RESOLUTIONS resolution Resolution
2020-05-12 RESOLUTIONS resolution Resolution
2020-05-06 CS01 confirmation-statement Confirmation statement with updates PDF
2020-04-29 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2020-04-21 SH01 capital Capital allotment shares PDF
2019-12-18 RESOLUTIONS resolution Resolution PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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