VF NORTHERN EUROPE 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

  -10.5%

  £359,119,000 → £321,536,000

• Cash

  +84%

  £26,889,000 → £49,488,000

  highest in 4 filed years

• Net assets

  +7.1%

  £93,824,000 → £100,497,000

  highest in 4 filed years

• Employees

  -12.1%

  709 → 623

  lowest in 4 filed years

• Operating profit

  -43%

  £14,924,000 → £8,503,000

• Profit before tax

  -36.3%

  £15,516,000 → £9,887,000

• Wages

  -8.6%

  £26,157,000 → £23,918,000

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. VF NORTHERN EUROPE LIMITED 1997-10-22 → present
2. VF CORPORATION (UK) LIMITED 1988-07-06 → 1997-10-22
3. H D LEE OF SCOTLAND LIMITED 1970-03-30 → 1988-07-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received a letter of support from VF Corporation., the company's ultimate parent, that it will provide any necessary funds to the Company for a period of at least 12 months from the date of approval of these financial statements to settle any obligations of the Company as they fall due.”

Group structure

1. VF NORTHERN EUROPE LIMITED · parent
   1. VF International SAGL · Switzerland

Significant events

• “Factors impacting the decrease in turnover are related to economic uncertainty which influences consumer spending patterns.”
• “VF Reinvent strategy, a comprehensive transformation program, focuses on optimizing brand execution, reducing costs, and strengthening financial health. By addressing urgent priorities, such as delivering the Vans turnaround, the company aims to position itself for growth.”
• “Disruptions in supply chains (e.g., due to natural disasters, geopolitical events, or transportation issues) can affect inventory availability and lead to revenue loss.”
• “Increase in operational costs such as higher freight charges, escalating fuel costs, and rising wages.”

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

Filings

10

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.