Place UK Limited
Growing of other tree and bush fruits and nuts · Norwich
ActiveUnited KingdomIncorporated 2001Private Limited Company
Financial position
Accounts to 2026-01-31 · GBP · Company accounts
Net assets
£4,590,323
Cash
£703,778
Turnover
—
Profit / loss
£412,318
Current assets
£13,578,270
Creditors < 1 year
£8,399,062
Equity
£4,590,323
Average employees
357
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 | 2026-01-3112 months · Company · AI-read | 2025-01-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £4,590,323 | £3,338,610 |
| Equity | £4,590,323 | £3,338,610 |
| Share capital | £101 | £101 |
| Retained earnings | £4,590,222 | £3,338,509 |
| Assets | ||
| Fixed assets | £2,898,564 | £1,695,404 |
| Property, plant & equipment | £2,898,564 | £1,695,404 |
| Current assets | £13,578,270 | £11,578,714 |
| Cash at bank | £703,778 | £1,535,350 |
| Debtors | £3,748,448 | £2,801,054 |
| Stock | £9,126,044 | £7,242,310 |
| Liabilities | ||
| Creditors within one year | £8,399,062 | £6,507,386 |
| Creditors after one year | £3,114,960 | £3,146,638 |
| Provisions | £372,489 | £281,484 |
| Net current assets | £5,179,208 | £5,071,328 |
| Assets less current liabilities | £8,077,772 | £6,766,732 |
| Profit & loss | ||
| Profit / loss | £412,318 | £485,612 |
| Operating costs | ||
| Depreciation | £564,899 | £497,866 |
| Operating lease charges | £37,737 | £37,737 |
| Audit fees | £18,725 | £18,000 |
| People & pay | ||
| Average employees | 357 | 416 |
| Staff costs | £15,123,893 | £14,936,319 |
| Wages & salaries | £13,152,298 | £13,426,848 |
| Social security costs | £1,679,024 | £1,391,613 |
| Pension costs | £292,571 | £117,858 |
| Directors' remuneration | £373,815 | £417,813 |
| Highest paid director | £169,355 | £188,060 |
| Energy & carbon | ||
| Energy use | 6,718,986 kWh | — |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-01-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The Company operates in Norfolk, its principal activities being Soft Fruit Growing and Food Processing, supplying Individually Quick-Frozen produce to Retailers and other Food Manufacturers.
- What it does
- soft fruit growing · food processing · individually quick-frozen produce · retailers · food manufacturers (AI keywords)
- The year
- The Company delivered an operating profit of £2,032,746 in the year driven by strong year on year growth in the Soft Fruit Growing sector of the business, in part due to the exceptional weather conditions of Summer 2025 resulting in higher yields alongside improved cost efficiency. This was despite negligible year on year price increases on some fruit types that our external soft fruit sales and marketing desk were able to secure. The Food Processing sector was behind last year’s performance despite sales volume growth because of an inflationary market on commodity prices driven by a scarcity of material.
- Outlook
- The Company’s objectives for the year ahead include developing long-term customer relationships, expanding the range of products sold through innovation, and continuing to increase the utilisation of existing processing capacity. Within the fruit farming sector, the Company will continue to consider expansion of the growing area. Where appropriate, the directors will also review opportunities and new markets which may arise from acquisitions and/or joint ventures.
- Auditor
- Larking Gowen LLP · senior statutory auditor Charles Savory FCA
- Audit opinion
- Clean (unmodified)
- Immediate parent
- R.& J.M. Place Limited
- Ultimate parent
- Frontbench Limited
- Ultimate controlling party
- Mr T M Place
- Accounts
- FRS 102
- Approved
- 2026-08-18, signed by N F Bartram
Related parties (2)
- entities under common control · entities under common control · costs for rent · £19,052
- entities under common control · entities under common control · costs for rent · £26,849
Share classes (1)
- 101 Ordinary shares of £1.00 each
Principal risks (1)
- Weather Conditions
Contingent liabilities (1)
- The Company is part of an unlimited cross guarantee, with the Company's fellow subsidiary Phaseolus Limited, in relation to loan to it from group companies R. & J.M. Place Limited and Frontbench Limited. At the year end, the outstanding contingent liability was £896,352.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
3 outstanding chargesFloating · created 2026-03-18
—
OutstandingFloating · created 2025-04-01
—
OutstandingAll Assets · created 2016-09-20
—
Outstanding