MCQUEENS DAIRIES LTD
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
None on the register
Cash
£17M
+34.5% vs 2024
Net assets
£31M
+23.8% vs 2024
Employees
1,370
+17.1% vs 2024
Profit before tax
£12M
+8.9% vs 2024
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £104,122,306 | £129,962,445 | |
| Operating profit | £11,417,764 | £12,349,431 | |
| Profit before tax | £11,336,126 | £12,347,874 | |
| Net profit | £8,438,222 | £9,609,544 | |
| Cash | £12,946,098 | £17,417,673 | |
| Total assets less current liabilities | £30,301,425 | £38,086,959 | |
| Net assets | £24,853,211 | £30,762,755 | |
| Equity | £24,853,211 | £30,762,755 | |
| Average employees | 1,170 | 1,370 | |
| Wages | £31,342,472 | £39,219,950 | |
| Directors' remuneration | £99,393 | £130,441 |
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 2025-07-31 vs 2024-07-31
-
Turnover
+24.8%
£104,122,306 £129,962,445
-
Cash
+34.5%
£12,946,098 £17,417,673
-
Net assets
+23.8%
£24,853,211 £30,762,755
-
Employees
+17.1%
1,170 1,370
-
Operating profit
+8.2%
£11,417,764 £12,349,431
-
Profit before tax
+8.9%
£11,336,126 £12,347,874
-
Wages
+25.1%
£31,342,472 £39,219,950
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 | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 11.0% | 9.5% | |
| Net margin | 8.1% | 7.4% | |
| Return on capital employed | 37.7% | 32.4% | |
| Current ratio | 2.06x | 2.39x | |
| Interest cover | 31.58x | 24.58x |
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
- MCQUEENS DAIRIES LTD 2008-10-20 → present
- SUNFRESH DAIRIES LTD 2003-03-25 → 2008-10-20
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- MCT Partnership LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 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.”
Significant events
- “FY2025 was another good year of high sales growth at 24.8%, bringing our compounded annual growth rate to 21.3% over the last 4 years.”
- “With an aging fleet of delivery vehicles and limited market supply of suitable replacements, we have experienced a rise in vehicle maintenance costs which we foresee continuing until early 2026 when approximately 400 new vehicles will start arriving.”
- “The company is committed to its sustainability plan, introducing 38 electric vehicles in the year.”
- “Investment into IT systems will play an important role in 2026 and help our ability to capture and retain more growth and better control the cost of growth where our business model relies on over one thousand staff and several hundred vehicles.”
- “Global risk factors from tariff changes, geopolitical issues, commodity price changes, inflationary pressures, and regulatory changes can cause the business uncertainty and challenges.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCQUEEN, Michael | Secretary | 2003-04-02 | — | British |
| MCQUEEN, Adam Michael | Director | 2019-11-01 | Oct 1981 | British |
| MCQUEEN, Anna Maria | Director | 2019-11-01 | Mar 1988 | British |
| MCQUEEN, Calum George | Director | 2015-09-11 | Aug 1983 | British |
| MCQUEEN, Jamie Connel | Director | 2019-11-01 | Aug 1985 | British |
| MCQUEEN, Margaret Anne | Director | 2003-04-02 | Oct 1957 | British |
| MCQUEEN, Michael George | Director | 2003-04-02 | Sep 1954 | British |
| MCQUEEN, Ruairidh Mckechan | Director | 2015-09-11 | Jun 1980 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2003-03-25 | 2003-03-27 |
| MCQUADE, Mark James | Director | 2019-11-01 | 2023-02-03 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2003-03-25 | 2003-03-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mcqueens Dairies Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-11-08 | Active |
| Mrs Margaret Anne Mcqueen | Individual | Voting 25–50% | 2021-11-05 | Ceased 2021-11-08 |
| Mr Michael George Mcqueen | Individual | Voting 25–50% | 2016-04-06 | Ceased 2021-11-08 |
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | AA | accounts | Accounts with accounts type full | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-02 | CH01 | officers | Change person director company with change date | |
| 2023-06-02 | CH01 | officers | Change person director company with change date | |
| 2023-06-02 | CH03 | officers | Change person secretary company with change date | |
| 2023-04-19 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-26 | AA | accounts | Accounts with accounts type full | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-12-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-11-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.