ASR GROUP EUROPE LIMITED
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Cash
£8.3M
EUR 9,640,000
lowest in 3 filed years
Net assets
£442M
EUR 515,512,000
lowest in 3 filed years
Employees
1,337
lowest in 3 filed years
Profit before tax
-£72M
EUR -84,276,000
Period ending 2025-09-28
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-28
| Metric | Trend | 2023-09-24 | 2024-09-29 | 2025-09-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £687,231,890 | £697,909,987 | £527,535,362 | — | |
| Operating profit | £157,849,979 | -£39,267,038 | — | — | |
| Profit before tax | £153,876,554 | -£40,328,333 | -£72,246,892 | — | |
| Net profit | £123,969,138 | -£31,090,441 | -£60,685,812 | — | |
| Cash | £16,331,762 | £59,735,105 | £8,264,038 | — | |
| Total assets less current liabilities | £575,884,269 | £574,960,994 | £483,813,116 | — | |
| Net assets | £536,528,933 | £504,491,213 | £441,930,562 | — | |
| Equity | £536,528,933 | £504,491,213 | £441,930,562 | — | |
| Average employees | 1,342 | 1,376 | 1,337 | — | |
| Wages | £58,029,147 | £62,426,918 | £61,337,334 | — | |
| Directors' remuneration | £1,683,669 | £1,937,420 | £1,921,132 | — |
Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-24 | 2024-09-29 | 2025-09-28 |
|---|---|---|---|---|
| Operating margin | 23.0% | -5.6% | — | |
| Net margin | 18.0% | -4.5% | -11.5% | |
| Return on capital employed | 27.4% | -6.8% | — | |
| Gearing (liabilities / total assets) | 37.7% | 28.5% | 29.4% | |
| Current ratio | 1.72x | 2.76x | 1.98x | |
| 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
- ASR GROUP EUROPE LIMITED 2019-12-18 → present
- ASR GROUP LIMITED 2015-05-01 → 2019-12-18
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars 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 foreseeable future after forecasting cash flows and considering risks and uncertainties, including the impact of inflation, uncertainties caused by US tariffs and the ongoing war in Ukraine and Middle East. In making this assessment, the Directors have considered a period of at least 12 months from the date of approval of these financial statements. As such, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- ASR GROUP EUROPE LIMITED · parent
- T&L Sugars Ltd 100%
- ASR Group Europe (Property) Limited 100%
- ASR Group Ltd 100%
- Tate & Lyle Sugars Ltd 100%
- T&L Sugars Death Benefits Scheme Trustees Ltd 100%
- Sidul II Lda 100%
- Sidul Participações, SGPS, Lda 100%
- Sidul Açucares Unipessoal, Lda 100%
- ESH (Barbados), SRL 100%
- WSP Comércio de Alimentos e Participações Ltda 100%
- Italian Sugar Holdings S.r.l. 100%
- Belize Sugar Industries Ltd 81.21%
- Belize Cogeneration Energy Ltd 81.21%
- ASR Germany GmbH & Co. Kg. 100%
- ASR Germany Beteiligungs GmbH 100%
- SRB S.p.A. 50%
Significant events
- “Business acquisitions during the period resulted in a net cash outflow of €16m representing €7m in working capital and €9m in PPE.”
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 46 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
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type group | |
| 2026-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | AA | accounts | Accounts with accounts type group | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-05 | AA | accounts | Accounts with accounts type group | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-23 | AA | accounts | Accounts with accounts type group | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-06-28 | AA | accounts | Accounts with accounts type group | |
| 2022-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-29 | AA | accounts | Accounts with accounts type group | |
| 2021-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 2020-04-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
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.