FIFE CREAMERY LIMITED — The Accounts

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Next accounts due

2027-06-30 (in 1y)

Last filed for 2025-09-30

Confirmation statement due

2026-08-14 (in 3mo)

Last made up 2025-07-31

Watchouts

None on the register

Cash

£168K

-2.3% lowest in 3 filed years

Net assets

£3M

+7.6% vs 2024

Employees

168

-5.6% vs 2024

Profit before tax

£2M

+57.4% highest in 3 filed years

Net assets

7-year trend · vs Consumer Discretionary median

FIFE CREAMERY LIMITED·Consumer Discretionary median · n=10325

Accounts

7-year trend · latest reflected 2025-09-30

Metric	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Turnover	—	—	£22,032,044	—	—	£45,536,198	£46,498,429
Operating profit	—	—	£780,478	—	—	£1,509,714	£2,234,307
Profit before tax	—	—	£720,968	—	—	£1,273,920	£2,004,913
Net profit	—	—	£501,634	—	—	£934,968	£1,458,713
Cash	—	—	£826,162	—	—	£172,308	£168,380
Total assets less current liabilities	—	—	£4,502,399	—	—	£5,122,070	£5,429,747
Net assets	—	—	£2,775,989	—	—	£2,486,735	£2,675,448
Equity	£3,261,810	£2,666,355	£2,775,989	£3,285,745	£4,041,767	£2,486,735	£2,675,448
Average employees	—	—	98	—	—	178	168
Wages	—	—	£2,565,486	—	—	£5,412,461	£5,375,286
Directors' remuneration	—	—	£147,879	—	—	£213,668	£218,826

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

Year-on-year

FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30

Turnover

+2.1%

£45,536,198 £46,498,429

highest in 3 filed years
Cash

-2.3%

£172,308 £168,380

lowest in 3 filed years
Net assets

+7.6%

£2,486,735 £2,675,448
Employees

-5.6%

178 168
Operating profit

+48%

£1,509,714 £2,234,307

highest in 3 filed years
Profit before tax

+57.4%

£1,273,920 £2,004,913

highest in 3 filed years
Wages

-0.7%

£5,412,461 £5,375,286

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	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating margin	—	—	3.5%	—	—	3.3%	4.8%
Net margin	—	—	2.3%	—	—	2.1%	3.1%
Return on capital employed	—	—	17.3%	—	—	29.5%	41.1%
Current ratio	—	—	—	—	—	0.81x	0.89x
Interest cover	—	—	12.97x	—	—	6.20x	9.63x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Auditor: Drummond Laurie CA
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

FIFE CREAMERY LIMITED · parent
1. Lothian Catering Butchers Limited 100% · Scotland · Butchery

Significant events

“The group has a significantly improved net current liability position of £627,098 (2024: £1,308,074) and has cash in the bank of £168,380 (2024: £172,308). It should be noted that the net current liability position and lower levels of cash held at the current and prior year-end was a planned position by the Board due to the buyout of a shareholder for £1,500,000 in 2024.”
“During the year, 100% of the shares of Lothian Catering Butchers was acquired for £166,235. At the date of acquisition, the company had a net liability position of £46,460.”
“A new term loan of £645,700 was obtained in April 2025 from Royal Bank of Scotland to fund the above noted bullet repayment. Interest is charged at 1.75% over base rate and the loan is repayable through 120 monthly instalments of £7,238, with an estimated final payment in April 2035.”

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

People

4 active · 8 resigned

Name	Role	Appointed	Born	Nationality
SIMPSON, David Barn	Secretary	2002-09-30	—	British
APPOLINARI, Stephen	Director	1990-08-01	Nov 1959	British
SIMPSON, David Barn	Director	2002-02-08	Nov 1966	British
SIMPSON, Graeme Dewar	Director	1998-10-05	Oct 1970	British

Show 8 resigned officers

Name	Role	Appointed	Resigned
SIMPSON, David	Secretary	—	1994-09-30
SIMPSON, Donald	Secretary	1988-12-31	2002-09-30
GODSELL, John Dryburgh	Director	—	1989-09-13
RAMSHAW, Robert Kerr	Director	—	1998-12-31
RAMSHAW, Robert Kerr	Director	—	1990-07-31
ROSS, Neil Alexander	Director	—	2002-09-30
SIMPSON, Donald	Director	1988-12-31	2002-09-30
SIMPSON, John Steele	Director	—	2010-10-04

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr John Steele Galloway Simpson	Individual	Significant influence	2018-08-01	Ceased 2024-03-06
Mr David Barn Simpson	Individual	Shares 25–50%, Voting 25–50%	2018-08-01	Active
Mr Graeme Dewar Simpson	Individual	Shares 50–75%, Voting 50–75%, Appoints directors	2016-07-15	Active

Filing timeline

Last 20 of 129 total filings

Date	Type	Category	Description
2026-01-16	AA	accounts	Accounts with accounts type group	PDF
2025-07-31	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-06-27	AA	accounts	Accounts with accounts type medium	PDF
2025-01-10	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2025-01-10	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2024-08-14	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-08-14	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-05-02	466(Scot)	mortgage	Mortgage alter floating charge with number
2024-04-11	SH03	capital	Capital return purchase own shares
2024-03-20	SH06	capital	Capital cancellation shares
2024-03-07	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2024-03-06	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2024-02-09	AA	accounts	Accounts with accounts type full	PDF
2023-08-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-12-16	AA	accounts	Accounts with accounts type full	PDF
2022-08-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-12-22	AA	accounts	Accounts with accounts type full	PDF
2021-08-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-06-30	AA	accounts	Accounts with accounts type full	PDF
2020-08-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 3
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page