Produce Investments Limited

Private Limited Company · March

ActiveUnited KingdomIncorporated 2005Private Limited Company

Financial position

Accounts to 2026-01-03 · GBP · Group accounts

Net assets

£15,814,000

Cash

£2,826,000

Turnover

£108,464,000

Profit / loss

−£5,487,000

Current assets

£33,820,000

Creditors < 1 year

£36,051,000

Equity

£15,814,000

Average employees

408

Balance-sheet trend

GBP · consolidated

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2026-01-03Group · AI-read	2025-01-04Group · AI-read
Balance sheet
Net assets	£15,814,000	£21,990,000
Equity	£15,814,000	£21,990,000
Retained earnings	£9,538,000	£10,907,000
Assets
Fixed assets	£17,140,000	£23,383,000
Intangible assets	£2,185,000	£2,752,000
Property, plant & equipment	£14,732,000	£20,367,000
Investments	£223,000	£264,000
Current assets	£33,820,000	£44,184,000
Cash at bank	£2,826,000	£3,452,000
Debtors	£22,605,000	£23,220,000
Stock	£8,389,000	£8,462,000
Liabilities
Creditors within one year	£36,051,000	£40,659,000
Creditors after one year	£146,000	£6,826,000
Provisions	£376,000	—
Pension scheme surplus / deficit	£1,427,000	£1,908,000
Capital commitments	£82,000	—
Net current assets	−£2,607,000	£3,525,000
Assets less current liabilities	£14,533,000	£26,908,000
Profit & loss
Turnover	£108,464,000	£162,275,000
Cost of sales	£78,139,000	£118,054,000
Gross profit	£30,325,000	£44,221,000
Administrative expenses	£30,712,000	£40,453,000
Operating profit	−£1,630,000	£3,516,000
Interest receivable	£119,000	£43,000
Interest payable	£838,000	£3,696,000
Profit before tax	−£6,414,000	−£7,313,000
Tax	−£927,000	−£1,674,000
Profit / loss	−£5,487,000	−£5,639,000
Operating costs
Operating lease charges	£999,000	£2,310,000
Research & development	£146,000	£291,000
Cash flow
Cash from operations	£7,717,000	−£5,647,000
Capital expenditure	£1,254,000	£2,688,000
Net debt	−£9,045,000	−£13,483,000
People & pay
Average employees	408	—
Staff costs	£19,439,000	£24,944,000
Wages & salaries	£16,950,000	£21,751,000
Social security costs	£1,676,000	£1,997,000
Pension costs	£813,000	£1,196,000
Directors' remuneration	£238,000	£722,000
Highest paid director	£238,000	—
Source evidence	View filing	View filing

From the accounts

What the accounts for 2026-01-03 say about themselves, read by AI from the scanned filing.

Auditor: Cooper Parry Group Limited
Audit opinion: Clean (unmodified)
Immediate parent: April 1983 Bidco Limited
Ultimate controlling party: Promethean 2018 L.P.
Accounts: Full accounts · FRS 102
Approved: 2026-05-22, signed by R Cook-Coulson

Related parties (14)

Organic Potato Growers (Scotland) Limited ('OPG') · 33.3% interest · Group purchases · £132,000 (2025: £495,000)
Organic Potato Growers (Scotland) Limited ('OPG') · 33.3% interest · Group sales · £2,000 (2025: £5,000)
Organic Potato Growers (Scotland) Limited ('OPG') · 33.3% interest · Amount owed by OPG · £1,000 (2025: £nil)
Organic Potato Growers (Scotland) Limited ('OPG') · 33.3% interest · Amount owed to OPG · £26,000 (2025: £140,000)
Restrain Company Limited · 80% owned by the Group · Costs paid on behalf by Greenvale AP Limited · £198,000 (2025: £1,791,000)
Restrain Company Limited · 80% owned by the Group · Goods purchased · £143,000 (2025: £240,000)
Restrain Company Limited · 80% owned by the Group · Costs recharged to Greenvale AP Limited · £42,000 (2025: £30,000)
Restrain Company Limited · 80% owned by the Group · Owed to Greenvale AP Limited · £77,000 (2025: £nil)
Restrain Company Limited · 80% owned by the Group · Produce Investments Limited net purchases and recharges · £506,000 (2025: £62,000)
Restrain Company Limited · 80% owned by the Group · Owed to Restrain Company Limited, including intercompany loan balance on which interest is charged · £10,020,000 (2025: £9,540,000)
April 1983 Bidco Limited · Immediate parent company · Group purchases of goods and services · £550,000 (2025: £726,000)
April 1983 Bidco Limited · Immediate parent company · Outstanding balance owed by the Group · £949,000 (2025: £945,000)
UK Daffodils Limited · 50% interest · Group purchases · £9,000 (2025: £nil)
UK Daffodils Limited · 50% interest · Group sales · £3,781,000 (2025: £4,679,000)

Borrowings (2)

Revolving credit facility (Group) · 11,655 (000s) · 2.3% over BASE · The facilities renew annually in November · secured on Secured against the sales ledger and plant and machinery in certain companies; bank borrowings secured by a first legal charge over land and buildings and cross guarantees by certain companies within the Group.
Finance leases and hire purchase contracts · 216 (000s) · Rates ranging from 4.6% to 6.8% per annum · Future minimum lease payments: £70,000 within one year and £146,000 between one and five years · secured on Secured by the related assets; the Company's obligations are secured by the lessor's charge over the leased assets.

Events after the year end (1)

There were no significant events between the statement of financial position date and the date of signing these financial statements.

Contingent liabilities (1)

The Company has provided a composite cross guarantee to its bankers in respect of bank borrowings; its liability under this guarantee is contingent upon the default of the other companies. At period end, total bank borrowings of the Group companies amounted to £11,651,000 (2025: £16,516,000).