EUROPASTRY UK LTD

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

  -13.3%

  £44,421,908 → £38,495,431

• Cash

  -24.1%

  £2,468,088 → £1,874,206

• Net assets

  +286.3%

  -£52,551 → £97,907

  highest in 3 filed years

• Employees

  +45.5%

  11 → 16

  highest in 3 filed years

• Operating profit

  -6.4%

  £941,579 → £881,166

  first positive since 2022

• Profit before tax

  -60.9%

  £637,693 → £249,409

  first positive since 2022

• Wages

  +80.6%

  £445,990 → £805,374

  highest in 3 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.

1. EUROPASTRY UK LTD 2023-07-06 → present
2. DAWN FOODS FROZEN LIMITED 2022-01-04 → 2023-07-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLC

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has net assets of £97,907 at 31 December 2024 (2023: net liabilities of £52,551). Whilst the Company is forecast to be profitable and operationally cash generative, it is dependent on group borrowings and the continued support of the immediate parent company, Europastry S.A. The Company therefore has received a letter of support from the immediate parent company, which confirms that it will continue to support the Company in order to meet its liabilities as they fall due for a period of at least twelve months after the date the financial statements are authorised for issue. The directors have assessed the ability of Europastry S.A. to support the Company and after making enquiries of the Group, 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

• “In 2024, net sales decreased by £5,926,477, following a significant increase of £22,891,759 in 2023.”
• “The year 2024 represented the second full year of operations, showing signs of financial stabilization and operational improvement. Revenue performance was lower than in 2023; however, this was offset by significant efficiencies in cost of goods sold and operating expenses, leading to a more balanced result. Although interest expenses from loans obtained at the end of 2023 impacted the net result, EBITDA remained broadly in line with the previous year, with only a moderate 8% variation.”

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

Filings

8

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.