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Cash

£94k

lowest in 3 filed years

Net assets

£97m

highest in 3 filed years

Employees

353

Average over period

Profit before tax

£43m

Period ending 2026-04-03

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-04-03

Metric Trend 2023-12-312024-12-312026-04-03 Δ vs prior
Turnover £522,631,000£454,898,000£601,376,000 —
Operating profit £15,329,000£38,544,000£38,161,000 —
Profit before tax £11,729,000£35,714,000£42,625,000 —
Net profit £9,528,000£26,823,000£32,342,000 —
Cash £296,000£3,179,000£94,000 —
Total assets less current liabilities £79,034,000—£99,361,000 —
Net assets £65,543,000£92,366,000£97,446,000 —
Equity £65,543,000£92,366,000£97,446,000 —
Average employees 390347353 —
Wages £12,713,000£12,698,000£17,657,000 —
Directors' remuneration £708,000£784,000£1,810,000 —
Directors' pension contributions £0£0— —
Highest paid director £403,000£416,000£1,193,000 —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 15 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312026-04-03
Operating margin 2.9%8.5%6.3%
Net margin 1.8%5.9%5.4%
Return on capital employed 19.4%—38.4%
Gearing (liabilities / total assets) 58.2%48.9%49.8%
Current ratio 1.57x1.89x1.76x
Interest cover 4.26x13.62x17.27x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on current trading performance and the sensitivity and reverse stress testing scenarios performed, the directors have a reasonable expectation that the group and each entity within the group has adequate resources to continue in operational existence for the foreseeable future”

Group structure

  1. K.T.C. (EDIBLES) LIMITED · parent
    1. Piquant Limited 100% · United Kingdom
    2. Cardowan Creameries Limited 100% · United Kingdom
    3. Trilby Trading Limited 100% · United Kingdom
    4. Liquid Commodity Solutions 100% · United Kingdom

Significant events

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

People

4 active · 12 resigned

Name Role Appointed Born Nationality
LARGE, Simone Louise Secretary 2025-04-30 — —
GEORGE, Michael David Director 2025-04-30 Aug 1973 British
MEHTA, Paresh Kumar Director 2011-01-14 Feb 1972 British
WARD, Mark Andrew Director 2023-03-09 Sep 1969 British
Show 12 resigned officers
Name Role Appointed Resigned
GODHANIA, Bhima Secretary — 2014-03-31
RAMAMOORTHY, Renganathan Secretary 2014-09-01 2022-07-30
BALDREY, Michael William Director — 2016-08-01
BOOTH, Martin Graham, Mr. Director 1999-07-01 2011-08-01
GREENWELL, David Michael Director 1999-07-01 2001-04-30
KHERA, Karndeep Singh, Mr. Director 2021-01-11 2022-05-30
KHERA, Lakhvinder Singh Director 2020-12-07 2022-05-30
KHERA, Santokh Singh Director — 2021-03-07
KHERA, Sukhjinder Singh Director 1993-09-23 2022-05-30
KHERA, Sukhjinder Singh Director — 1993-09-23
RAMAMOORTHY, Renganathan Director 2014-09-01 2022-07-30
SINGH, Jernail Director — 2009-09-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ktc (Edibles) Bidco Limited Corporate entity Shares 75–100%, Voting 75–100% 2022-05-30 Active
Mr. Karndeep Singh Khera Individual Shares 25–50%, Voting 25–50%, Appoints directors 2021-09-10 Ceased 2022-05-30
Mr. Lakhvinder Singh Khera Individual Shares 25–50%, Voting 25–50%, Appoints directors 2021-05-07 Ceased 2022-05-25
Karndeep Singh Khera Legal person Shares 25–50%, Voting 25–50%, Appoints directors 2021-05-07 Ceased 2021-09-10
Mr Sukhjinder Singh Khera Individual Significant influence 2016-04-06 Ceased 2021-05-07
Mr Santokh Singh Khera Individual Significant influence 2016-04-06 Ceased 2021-05-07

Filing timeline

Last 20 of 242 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-05-14 RESOLUTIONS Resolution
  • 2025-05-14 MA Memorandum articles
Date Type Category Description
2026-10-12 AA accounts Accounts with accounts type full
2026-03-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-11 AA accounts Accounts with accounts type full
2025-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-14 RESOLUTIONS resolution Resolution
2025-05-14 MA incorporation Memorandum articles
2025-05-08 AP03 officers Appoint person secretary company with name date PDF
2025-05-08 AP01 officers Appoint person director company with name date PDF
2025-05-08 AA01 accounts Change account reference date company current extended PDF
2025-05-08 AD01 address Change registered office address company with date old address new address PDF
2025-05-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page