NEOGEN EUROPE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -8.9%

  £46,905,659 → £42,742,939

• Cash

  +5.1%

  £5,039,205 → £5,295,304

• Net assets

  -4.9%

  £44,167,658 → £42,024,516

• Employees

  +3.2%

  219 → 226

• Operating profit

  -92.7%

  £2,471,020 → £180,498

• Profit before tax

  -149.7%

  £4,165,754 → -£2,068,396

• Wages

  +6.9%

  £8,524,058 → £9,110,263

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. NEOGEN EUROPE LIMITED 2004-07-02 → present
2. ADGEN LIMITED 1998-10-14 → 2004-07-02
3. BLP 988 LIMITED 1998-06-02 → 1998-10-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing forecasts for the next 12 months, management have prepared sensitivities considering the "worst case scenario" that the company could face. Management were able to conclude that under all scenarios modelled there would be sufficient cash to allow the company to meets its liabilities as they fall due. Following the sale of a surplus property for £3.25m, the company's working capital position has improved with net current assets of £4.4m at the year end. Post year end, following the sale of an investment, the company has settled the loans advanced to it by group companies which were repayable on demand. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. NEOGEN EUROPE LIMITED · parent
   1. Quat Chem Limited 100% · United Kingdom · Chemical manufacturer
   2. Neogen Italia 100% · Italy · Distributor of food safety products

Significant events

• “From 1 February 2025, some of the group's European business started being routed through a fellow European subsidiary.”
• “Increased competition also resulted in the loss of a significant contract.”
• “The business was also impacted by the cancellation of an unsuccessful product line and by restructuring costs related to closing an operating site.”
• “The £1.8m written off investments this year arose following an impairment review of the company's investment in Neogen Italia.”
• “Finance costs dropped from £1.05m to £510k because intra-group loans were settled during the year.”
• “During the year, a surplus property in Rochdale was sold for £3.25m.”
• “At a group board level, it was decided that sales to EU customers would be routed through an EU subsidiary.”
• “The group developed a new product offering... decision was made to abandon the new offering, writing off the stock and impairing or selling related plant and equipment.”
• “On 18 July 2025, as part of Neogen Group's sale of its global cleaners and disinfectants business to Kersia Group, the company sold its subsidiary Quat-Chem Limited (including the business transferred from Delf (UK) Ltd).”
• “Following the sale, a dividend of £28.5m was paid to the company's parent company.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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