Company Identification Details
|
Subject Reported on
|
R.TWINING AND COMPANY LIMITED
|
|
Registration Number
|
00525071
|
|
VAT Number
|
GB730168554
|
|
Address
|
WALWORTH INDUSTRIAL ESTATE, SOUTH WAY, ANDOVER,
HAMPSHIRE, SP10 5AQ.
|
|
Telephone
|
01264 334 477
|
|
Facsimile
|
01264 337 177
|
|
Email
|
ukwebsupport@twinings.com
|
|
Web Address
|
www.twinings.co.uk
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 325,000
|
|
Risk Category
|
LOW RISK
|
|
Legal Form
|
Private Limited
|
|
Registration Number
|
00525071
|
|
VAT Number
|
GB730168554
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
27/10/1953
|
|
Registered Office
|
WESTON CENTRE, 10 GROSVENOR STREET, LONDON, W1K 4QY.
|
|
History
|
1/03/2005 : The Registered Office address changed from
WESTON CENTRE, BOWATER HOUSE, 68 KNIGHTSBRIDG.
|
|
|
15/06/1995 : The Registered Office address changed from
WESTON CENTRE, BOWATER HSE, 68 KNIGHTSBRIDGE,.
|
|
Date of Last Annual Return to
Registry
|
25/06/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to
18/09/2010
|
|
Accounting Reference Date
|
15/09
|
Operations
|
Activities
|
The production, purchase and sale of tea, coffee and
malt and chocolate beverage products.
|
|
Nace Code
|
1586
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
838
|
|
Trade Names
|
TWINING, JACKSONS OF PICCADILLY
|
|
Product Names
|
TWININGS TEA
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
LLOYDS TSB BANK PLC
|
|
Address
|
CITY OFFICE.
|
|
Sort Code
|
300002
|
|
Auditors
|
KPMG Audit PLC
|
|
Branches
|
110 CAMBUSLANG RD, RUTHERGLEN GLASGOW, LANARKSHIRE, G73
1BQ.
|
|
|
EARL GREY WAY, NORTH SHIELDS, TYNE AND WEAR, NE29 6AR.
|
Previous Searches
Search History Summary
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
3
|
6
|
15
|
Search History Details
The Search History Details shows details of the most
recent 40 searches
|
Date
|
Description
|
|
18/01/2011
|
Other credit granting
|
|
15/12/2010
|
Maintenance and repair of office, accounting and
computing machinery
|
|
03/12/2010
|
Maintenance and repair of office, accounting and
computing machinery
|
|
18/10/2010
|
Other credit granting
|
|
18/10/2010
|
Other credit granting
|
|
15/10/2010
|
Other credit granting
|
|
25/08/2010
|
Miscellaneous
|
|
15/07/2010
|
Other credit granting
|
|
08/07/2010
|
Miscellaneous
|
|
21/04/2010
|
Manufacture of computers and other information
processing equipment
|
|
21/04/2010
|
Miscellaneous
|
|
14/04/2010
|
Other credit granting
|
|
14/04/2010
|
Other credit granting
|
|
26/02/2010
|
Other credit granting
|
|
26/02/2010
|
Other credit granting
|
|
04/02/2010
|
Other credit granting
|
Public Record Information
Summary
of CCJ's/Scottish Decrees
No CCJs/Scottish Decrees are recorded in our file.
Summary of Mortgages, Charges
and Satisfactions
|
Total Number of
Mortgages/Charges Registered
|
1
|
|
Number Outstanding
|
0
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
1
|
|
|
|
|
Date of Latest Mortgage Created
|
23/12/1969
|
|
Date of Latest Satisfaction
|
31/10/1986
|
Details of most recent
Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
31/10/1986
|
|
23/12/1969
|
Miscellaneous
|
N/A
|
|
|
It should be noted that there is no legal requirement to
file satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
15/04/2010
|
Companies House Gazette
|
Any amendment to company's articles (including every
resolution or agreement required to be embodied in or annexed to copies of
the company's articles issued by
|
|
19/03/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
24/01/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
11/01/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
07/04/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
05/11/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
27/10/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
13/10/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
25/03/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
16/04/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
14/06/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
09/12/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
18/03/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
07/12/1996
|
Companies House Gazette
|
Change among directors of a company
|
|
16/09/1995
|
Companies House Gazette
|
Change among directors of a company
|
|
12/05/1995
|
Companies House Gazette
|
Change among directors of a company
|
|
07/04/1994
|
Companies House Gazette
|
Change among directors of a company
|
|
04/08/1988
|
Companies House Gazette
|
Change among directors of a company
|
|
02/08/1988
|
Companies House Gazette
|
Documents delivered by a company under section 241
(annual accounts)
|
|
29/07/1988
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MRS ROSALYN SHARON SCHOFIELD
|
|
Service Address
|
45 OAKLEIGH PARK SOUTH, LONDON, N20 9JR.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
18/09/1956
|
|
Appointment Date
|
13/08/2001
|
|
Other Directorships
|
CETRA SERVICES LIMITED, DAVARE, PORTELET
INVESTMENTS LIMITED, SOUBLIER INVESTMENTS LIMITED, BEAUVALLET
INVESTMENTS LIMITED, BONUIT INVESTMENTS LIMITED, NAMBARRIE TEA
COMPANY LIMITED, JORDAN BROS.(N.I.) LIMITED, W C S HOLDINGS (NI)
LIMITED, JAMES NEILL, LIMITED, ALLIED MILLS LIMITED, PRIMARY
NUTRITION LIMITED, ABF (NO.3) LIMITED, SUN BLEST CRUMPET
CO.LIMITED(THE), WESTON RESEARCH LABORATORIES LIMITED, TRIDENT
FEEDS LIMITED, ALLIED BAKERIES LIMITED, SIZZLERS
LIMITED, CALEDONIA BISCUITS LIMITED, ABF GROCERY
LIMITED, SIZZLES LIMITED, ALLINSON LIMITED, WESTON BISCUIT
COMPANY LIMITED(THE), AB TECHNOLOGY LIMITED, A.B.F.HOLDINGS
LIMITED, ABF (UK) LIMITED, WESTON FOODS LIMITED, TIP TOP
BAKERIES LIMITED, SUNBLEST BAKERIES LIMITED, CEREAL INDUSTRIES
LIMITED, plus others.
|
Directors
|
Director
|
NICHOLAS STEPHEN REVETT
|
|
Service Address
|
7 PARKSIDE GARDENS, WINCHESTER, HAMPSHIRE, SO22 5NA.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
16/07/1960
|
|
Appointment Date
|
15/03/1999
|
|
Other Directorships
|
THE UNITED KINGDOM TEA COUNCIL LIMITED
|
|
Chief Executive
|
ROBERT EDWARD TAVENER
|
|
Service Address
|
10 NASSAU ROAD, BARNES, LONDON, SW13 9QE.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
10/07/1964
|
|
Appointment Date
|
10/06/2002
|
|
Other Directorships
|
TWINING CROSFIELD & CO LIMITED
|
|
Director
|
GEORGE THOMSON MCCALLUM
|
|
Service Address
|
PITTFIELD HOUSE, 58 KILHAM LANE, WINCHESTER, HAMPSHIRE,
SO22 5QD.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
30/01/1963
|
|
Appointment Date
|
10/01/2007
|
|
Other Directorships
|
TWINING CROSFIELD & CO LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00 Each
|
|
Issued Number
|
40,940
|
|
Principal Shareholder
|
40,940 Twining Crosfield & Company Ltd
|
|
The above reflects the principle shareholder(s) by number
of shares held, irrespective of share classification type.
|
|
Holding Company
|
TWINING CROSFIELD & CO LIMITED
|
|
Ultimate Parent
|
WITTINGTON INVESTMENTS LIMITED
|
Financial Data– Statutory
Accounts
Profit and Loss
The
following figures are shown in units of 1000
|
Number of Weeks
|
53
|
52
|
52
|
52
|
|
Accounts Date
|
18/09/2010
|
12/09/2009
|
13/09/2008
|
15/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
235580
|
200351
|
195840
|
174659
|
|
UK sales
|
101732
|
92921
|
86704
|
80716
|
|
Export
|
133848
|
107430
|
109136
|
93943
|
|
Cost of goods sold
|
156344
|
139766
|
122963
|
113217
|
|
GROSS PROFIT
|
79236
|
60585
|
72877
|
61442
|
|
Wages and Salaries
|
33384
|
31219
|
28096
|
25926
|
|
Directors Emoluments
|
1108
|
1250
|
1215
|
937
|
|
Auditors Fees
|
142
|
139
|
144
|
184
|
|
Non-Audit Fees
|
71
|
34
|
|
|
|
Trading Profit
|
34086
|
19879
|
28929
|
20049
|
|
Depreciation
|
8928
|
5027
|
4647
|
5036
|
|
OPERATING PROFIT
|
25158
|
14852
|
24282
|
15013
|
|
Non Trading Income
|
(15992)
|
|
|
|
|
Interest Payable
|
453
|
1421
|
|
|
|
PRE TAX PROFIT
|
8713
|
13431
|
24282
|
15013
|
|
Taxation
|
2456
|
3968
|
6823
|
4053
|
|
PROFIT AFTER TAX
|
6257
|
9463
|
17459
|
10960
|
|
Dividends Payable
|
8300
|
15500
|
9000
|
5000
|
|
RETAINED PROFITS
|
(2043)
|
(6037)
|
8459
|
5960
|
Balance Sheet
The
following figures are shown in units of 1000
|
Number of Weeks
|
53
|
52
|
52
|
52
|
|
Accounts Date
|
18/09/2010
|
12/09/2009
|
13/09/2008
|
15/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
29180
|
35636
|
37353
|
34479
|
|
Tangible Assets
|
29179
|
35635
|
37352
|
34478
|
|
Fixed Assets
|
29179
|
35635
|
37352
|
34392
|
|
Intermediate assets
|
|
|
|
86
|
|
Intangible Assets
|
1
|
1
|
1
|
1
|
|
TOTAL CURRENT ASSETS
|
73726
|
68234
|
63289
|
55065
|
|
Trade debtors
|
20952
|
21099
|
22036
|
20152
|
|
Stocks
|
34692
|
32988
|
28525
|
20407
|
|
Other Current Assets
|
18082
|
14147
|
12728
|
14506
|
|
Misc Current Assets
|
3377
|
2186
|
2684
|
2576
|
|
Due From Group
|
14414
|
10611
|
9065
|
11930
|
|
Cash
|
291
|
1350
|
979
|
|
|
TOTAL ASSETS
|
102906
|
103870
|
100642
|
89544
|
|
TOTAL CURRENT LIABILITIES
|
57870
|
64545
|
55690
|
53403
|
|
Trade creditors
|
13744
|
10700
|
9628
|
7526
|
|
Short Term Loans
|
25003
|
38950
|
26341
|
33432
|
|
Bank Overdraft
|
310
|
|
|
2706
|
|
Due To Group
|
24693
|
38950
|
26341
|
30726
|
|
Other Liabilities
|
19123
|
14895
|
19721
|
12445
|
|
WORKING CAPITAL
|
15856
|
3689
|
7599
|
1662
|
|
TOTAL LONG TERM LIABS
|
11751
|
3758
|
3996
|
4236
|
|
Other Liabilities
|
11751
|
3758
|
3996
|
4236
|
|
NET ASSETS/(LIABILITIES)
|
33285
|
35567
|
40956
|
31905
|
|
SHARE CAPITAL + RESERVES
|
33285
|
35567
|
40956
|
31905
|
|
Share Cap + Sundry Res
|
1150
|
1389
|
741
|
149
|
|
Issued Share Capital
|
41
|
41
|
41
|
41
|
|
Sundry Reserves
|
1109
|
1348
|
700
|
108
|
|
Revaluation Reserves
|
17
|
17
|
17
|
17
|
|
Profit and Loss account
|
32118
|
34161
|
40198
|
31739
|
|
SHAREHOLDERS FUNDS
|
33285
|
35567
|
40956
|
31905
|
|
CAPITAL EMPLOYED
|
45036
|
39325
|
44952
|
36141
|
Financial Comparison
The
following figures are shown in units of 1000
|
Number of Weeks
|
53
|
52
|
52
|
52
|
|
Accounts Date
|
18/09/2010
|
12/09/2009
|
13/09/2008
|
15/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
1108
|
1250
|
1215
|
937
|
|
Auditors Remuneration
|
142
|
139
|
144
|
184
|
|
Liquid Assets
|
21243
|
22449
|
23015
|
20152
|
|
Net Working Capital
|
15856
|
3689
|
7599
|
1662
|
|
Other Deferred Liabs
|
11751
|
3758
|
3996
|
4236
|
|
Tangible Net Worth(T.N.W)
|
33284
|
35566
|
40955
|
31904
|
|
Equity
|
33285
|
35567
|
40956
|
31905
|
|
Number of Years Trading
|
57
|
56
|
55
|
54
|
|
Number of Employees
|
838
|
858
|
827
|
817
|
|
Profit per Employee
|
10397.4
|
15653.8
|
29361.5
|
18375.8
|
|
Sales per Employee
|
281121.7
|
233509.3
|
236807.7
|
213780.9
|
Key Credit Ratios
The following
figures are shown as Ratios or Percentages
|
Accounts Date
|
18/09/2010
|
12/09/2009
|
13/09/2008
|
15/09/2007
|
|
Current Ratio
|
1.3
|
1.1
|
1.1
|
1
|
|
Pre Tax Profit Margin%
|
3.7
|
6.7
|
12.4
|
8.6
|
|
Gross Profit%
|
33.6
|
30.2
|
37.2
|
35.2
|
|
Debtors Days (D.S.O)
|
32
|
38
|
41
|
42
|
|
Creditors Days (D.P.O)
|
21
|
19
|
18
|
16
|
|
Quick Ratio
|
0.7
|
0.5
|
0.6
|
0.6
|
|
W.I.P/Inventory Days
|
81
|
86.1
|
84.7
|
65.8
|
|
Return on Investment%
|
13.1
|
19
|
34.1
|
21.6
|
|
Return on Assets%
|
8.5
|
12.9
|
24.1
|
16.8
|
|
T.N.W/Total Assets%
|
32.3
|
34.2
|
40.7
|
35.6
|
|
Return on Capital%
|
19.3
|
34.2
|
54
|
41.5
|
|
Rtn on Shareholders Funds%
|
26.2
|
37.8
|
59.3
|
47.1
|
|
Working Capital/Sales%
|
6.7
|
1.8
|
3.9
|
1
|
|
Borrowing Ratio%
|
75.1
|
109.5
|
64.3
|
104.8
|
|
Equity Gearing%
|
47.8
|
52.1
|
68.6
|
55.4
|
|
Stock Turnover
|
6.8
|
6.1
|
6.9
|
8.6
|
|
Days Purchases Outstanding
|
32.1
|
27.9
|
28.6
|
24.3
|
|
Sales/Fixed Assets
|
8.1
|
5.6
|
5.2
|
5.1
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
1305
|
2492
|
2451
|
2337
|
|
Pre-Tax Profit Margin
|
2
|
2
|
0.7
|
2.3
|
|
Current Ratio
|
1.1
|
1.1
|
1.1
|
1.1
|
|
Borrowing Ratio
|
30.7
|
39.8
|
30.7
|
31.8
|
|
Return on Capital
|
23.9
|
18.7
|
15.8
|
20.6
|
|
Creditors Days
|
51
|
51
|
54
|
60
|
|
Above figures relate to companies in 2003 Standard
Industry Classification (Nace) sector : Manufacture of other food products
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
18/09/2010.
Turnover
Turnover has increased by 18 %, a growth of GBP 35,229,000
in the period.
Operating Profit
Totalled GBP 25,158,000. In the year prior a Profit of GBP
14,852,000 was achieved.
Pre Tax Profit
The subject's profit decreased by 35 % over the previous
year.
Working Capital
The company's working capital has increased by 330 % in
the period.
Net Worth
Net worth reduced by GBP 2,282,000 during the period and
now stands at GBP 33,285,000.
Fixed Assets
The subject's fixed assets reduced during the year by GBP
6,456,000 to GBP 29,180,000 and are now 28 % of total assets compared with 34
% in the previous year.
Long Term Liabilities
The company's long term liabilities increased during the
period by 212% and are now 35 % of net worth compared with 11 % in the
previous period.
Long Term Liabilities
Long term liabilities are now 11 % of total liabilities
compared with 4 % in the previous period.
Long Term Liabilities
Long term liabilities are 26 % of capital employed, an
increase of 16 % over the previous period.
|
