World Of Sweets (Hancocks) Limited
Non-specialised wholesale of food, beverages and tobacco · Leicestershire
ActiveUnited KingdomIncorporated 1966Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£12,376,000
Cash
£3,387,000
Turnover
£89,552,000
Profit / loss
−£2,147,000
Current assets
£131,125,000
Creditors < 1 year
£121,230,000
Equity
£12,376,000
Average employees
461
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £12,376,000 | £14,523,000 |
| Equity | £12,376,000 | £14,523,000 |
| Share capital | £348,000 | £348,000 |
| Retained earnings | £11,492,000 | £13,639,000 |
| Assets | ||
| Fixed assets | £2,979,000 | £3,396,000 |
| Intangible assets | £942,000 | £1,081,000 |
| Property, plant & equipment | £2,037,000 | £2,315,000 |
| Current assets | £131,125,000 | £127,484,000 |
| Cash at bank | £3,387,000 | £2,220,000 |
| Debtors | £111,334,000 | £104,998,000 |
| Stock | £16,404,000 | £20,266,000 |
| Liabilities | ||
| Creditors within one year | £121,230,000 | £115,999,000 |
| Provisions | £498,000 | £358,000 |
| Net current assets | £9,895,000 | £11,485,000 |
| Assets less current liabilities | £12,874,000 | £14,881,000 |
| Profit & loss | ||
| Turnover | £89,552,000 | £102,225,000 |
| Cost of sales | £64,616,000 | £73,863,000 |
| Gross profit | £24,936,000 | £28,362,000 |
| Distribution costs | £2,742,000 | £2,932,000 |
| Administrative expenses | £24,496,000 | £24,364,000 |
| Operating profit | −£2,302,000 | £1,066,000 |
| Interest receivable | £91,000 | £140,000 |
| Profit before tax | −£2,211,000 | £1,206,000 |
| Tax | £64,000 | £11,000 |
| Profit / loss | −£2,147,000 | £1,217,000 |
| Operating costs | ||
| Depreciation | £681,000 | £624,000 |
| Amortisation | £471,000 | £391,000 |
| Audit fees | £47,000 | £46,000 |
| People & pay | ||
| Average employees | 461 | 453 |
| Staff costs | £16,001,000 | £15,604,000 |
| Wages & salaries | £13,460,000 | £13,403,000 |
| Social security costs | £1,666,000 | £1,370,000 |
| Pension costs | £875,000 | £831,000 |
| Directors' remuneration | £168,000,000 | £253,000,000 |
| Highest paid director | £168,000,000 | £253,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The company has continued its principal trade of confectionery wholesaling through a national network of depots and an eCommerce platform.
- What it does
- confectionery wholesaling · depots · eCommerce platform · confectionery · sale of goods (AI keywords)
- The year
- The company recorded sales of £89.6m (2024: £102.2m) and a loss before taxation of £2.2m (2024: profit of £1.2m) in a difficult market in 2025. Profit before taxation was also impacted by £0.27m (2024: £0.45m) of exceptional non-recurring expenses. These non-recurring administrative expenses comprise restructuring costs, non-recurring bonus payments and property costs. At 31 December 2025 the company had net assets of £12.5m (2024: £14.5m) with a decrease as a result of the loss for the year.
- Outlook
- The company has plans and aspirations to continue developing the business through a widening of the product range, customers and markets with particular focus on digital channels.
- Audit opinion
- Clean (unmodified)
- Immediate parent
- World of Sweets Group Limited
- Ultimate parent
- World of Goodness Jersey Holdco Limited · Jersey
- Ultimate controlling party
- A&M Capital Advisors Europe LLP
- Accounts
- FRS 102
- Approved
- 2026-04-30, signed by R Norbury
Turnover by segment (4)
- Within the UK: 87,968 (000s) (2025-12-31)
- Within the UK: 98,823 (000s) (2024-12-31)
- Overseas markets including Republic of Ireland: 1,584 (000s) (2025-12-31)
- Overseas markets including Republic of Ireland: 3,402 (000s) (2024-12-31)
Related parties (3)
- fellow group subsidiary · fellow group subsidiary · payroll costs recharged · £4,142,000
- fellow group subsidiary · fellow group subsidiary · payroll costs recharged · £3,871,000
- World of Goodness Limited · group company · directors’ emoluments paid; no recharges made to the company
Share classes (1)
- 1,391,100 ordinary of £0.25
Principal risks (8)
- overall economic and inflationary pressures
- consumer confidence
- competition from local and national wholesalers
- commodity price risk
- currency risk
- credit risk
- liquidity risk
- interest rate cash flow risk
Contingent liabilities (1)
- The company has given cross guarantees in respect of £103.4m (2024: £99.9m) of parent company borrowings.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2023-08-09
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OutstandingShow 26 satisfied / released
All Assets · created 2021-12-17 · satisfied 2023-06-24
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SatisfiedAll Assets · created 2020-05-12 · satisfied 2023-06-24
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SatisfiedAll Assets · created 2018-09-20 · satisfied 2023-06-24
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SatisfiedAll Assets · created 2017-05-19 · satisfied 2023-06-24
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SatisfiedAll Assets · created 2014-03-04 · satisfied 2023-06-13
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SatisfiedUnknown · created 2012-11-21 · satisfied 2023-06-13
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SatisfiedAll Assets · created 2012-11-16 · satisfied 2023-06-13
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SatisfiedAll Assets · created 1991-12-23 · satisfied 1993-05-18
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SatisfiedFloating · created 1989-11-07 · satisfied 1992-01-21
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SatisfiedFloating · created 1988-12-09 · satisfied 1992-01-21
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SatisfiedAll Assets · created 1988-03-28 · satisfied 1992-01-30
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SatisfiedUnknown · created 1987-12-02 · satisfied 1990-05-19
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SatisfiedProperty · created 1986-09-17 · satisfied 1990-05-19
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SatisfiedUnknown · created 1986-06-06 · satisfied 1990-05-19
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SatisfiedProperty · created 1986-01-16 · satisfied 1991-05-19
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SatisfiedProperty · created 1985-01-09 · satisfied 1994-05-17
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SatisfiedProperty · created 1985-01-09 · satisfied 1990-05-19
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SatisfiedProperty · created 1984-11-26 · satisfied 1990-05-19
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SatisfiedProperty · created 1984-10-18 · satisfied 1990-05-19
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SatisfiedUnknown · created 1983-12-13 · satisfied 1990-05-19
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SatisfiedUnknown · created 1983-07-20 · satisfied 1990-05-19
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SatisfiedUnknown · created 1983-06-22 · satisfied 1990-05-19
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SatisfiedProperty · created 1982-07-22 · satisfied 1990-05-19
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SatisfiedProperty · created 1982-02-23 · satisfied 1990-05-19
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SatisfiedProperty · created 1981-10-22 · satisfied 1990-05-19
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SatisfiedProperty · created 1980-12-08 · satisfied 1990-05-19
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Satisfied