Company Registration No. 10545785 (England and Wales)
Freshpet Europe Ltd
Unaudited accounts
for the year ended 31 December 2024
Freshpet Europe Ltd
Unaudited accounts
Contents
Freshpet Europe Ltd
Company Information
for the year ended 31 December 2024
Company Number
10545785 (England and Wales)
Registered Office
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
Freshpet Europe Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
1,132,762
1,267,019
Inventories
465,113
410,705
Debtors
8,467,726
9,396,043
Cash at bank and in hand
1,281,151
283,916
Creditors: amounts falling due within one year
(32,277,682)
(27,214,898)
Net current liabilities
(22,063,692)
(17,124,234)
Net liabilities
(20,930,930)
(15,857,215)
Called up share capital
1
1
Profit and loss account
(20,930,931)
(15,857,216)
Shareholders' funds
(20,930,930)
(15,857,215)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2025 and were signed on its behalf by
C Walsh
Director
Company Registration No. 10545785
Freshpet Europe Ltd
Notes to the Accounts
for the year ended 31 December 2024
Freshpet Europe Ltd is a private company, limited by shares, registered in England and Wales, registration number 10545785. The registered office is Oak House, 2 Woodward Close, Ipswich, Suffolk, IP2 0EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% straight line
Plant & machinery
11.11% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2024
216,232
2,081,754
2,297,986
Disposals
-
(53,947)
(53,947)
At 31 December 2024
216,232
2,063,838
2,280,070
At 1 January 2024
7,823
1,023,144
1,030,967
Charge for the year
5,522
110,819
116,341
At 31 December 2024
13,345
1,133,963
1,147,308
At 31 December 2024
202,887
929,875
1,132,762
At 31 December 2023
208,409
1,058,610
1,267,019
Freshpet Europe Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
920,644
2,085,647
Amounts due from group undertakings etc.
6,820,142
5,884,006
Other debtors
726,940
1,426,390
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
177,382
14,349
Amounts owed to group undertakings and other participating interests
31,823,838
26,889,407
Other creditors
276,462
311,142
The ultimate holding company is Freshpet Inc. Its place of business is the USA. Its registered office is
400 Plaza DriveFL1, Secaucus, USA, NJ07094.
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).