Registered number: 07803669
FOR THE YEAR ENDED 31 DECEMBER 2025
VENCOMATIC POULTRY UK LIMITED
COMPANY INFORMATION
VENCOMATIC POULTRY UK LIMITED
CONTENTS
VENCOMATIC POULTRY UK LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The Directors present their strategic report for the year ended 31 December 2025.
The principal activity of the Company continues to be the design and distribution of specialised poultry equipment. We remain committed to providing innovative solutions that enhance biosecurity, operational efficiency, and animal welfare within the UK and Ireland poultry sectors.
The Company has navigated a complex operating environment throughout 2025. Demand for high-welfare, automated poultry nests and egg-handling equipment remained resilient, driven by a global shift towards enhanced efficiency in egg production.
Turnover for the year was £23,368,830, representing a 69.7% increase from the previous year. The Company reported a profit before tax of £713,346, representing a 107.3% increase year on year.
Turnover for the year was £23,368,830, representing a 69.7% increase from the previous year. The Company reported a profit before tax of £713,346, representing a 107.3% increase year on year.
The Company's principal categories of risk include:
Avian Influenza (HPAI) and Biosecurity
The persistent threat of Highly Pathogenic Avian Influenza (HPAI) continues to disrupt the global poultry supply chain. Outbreaks in key markets often lead to culling and temporary halts in capital expenditure by producers.
Mitigation
To neutralise this risk, we have implemented a rigorous vehicle biosecurity programme. All service vans and delivery vehicles are equipped with onboard disinfection equipment. Our "Clean-In, Clean-Out" policy mandates full exterior and wheel-arch decontamination before entering or exiting any farm perimeter. We have also introduced a formal Isolation Protocol for field technicians and staff members who have had contact with a confirmed or suspected HPAI zone.
Global Logistics and Rising Energy Costs
Increasing oil prices have significantly impacted transportation and freight costs. Volatility in energy markets – driven by geopolitical tensions in 2025 and early 2026 – has placed upward pressure on distribution margins.
Mitigation
Wherever possible, the Company has sought to consolidate shipments rather than utilising more frequent, smaller deliveries. We also closely monitor vehicle fuel prices via integrated fuel cards to manage and reduce expenditure.
Volatility in Exchange Rates
As a company with significant international trade and a primary concentration in European markets, we are exposed to fluctuations in the Euro (EUR). Recent volatility in the GBP/EUR exchange rate has the potential to impact both our competitive pricing and the translation of export revenues.
Mitigation
The Company employs a robust hedging strategy, utilising forward exchange contracts to lock in rates for major transactions. We also maintain a "natural hedge" by balancing currency-based expenses with revenues in the same denominations where feasible.
Avian Influenza (HPAI) and Biosecurity
The persistent threat of Highly Pathogenic Avian Influenza (HPAI) continues to disrupt the global poultry supply chain. Outbreaks in key markets often lead to culling and temporary halts in capital expenditure by producers.
Mitigation
To neutralise this risk, we have implemented a rigorous vehicle biosecurity programme. All service vans and delivery vehicles are equipped with onboard disinfection equipment. Our "Clean-In, Clean-Out" policy mandates full exterior and wheel-arch decontamination before entering or exiting any farm perimeter. We have also introduced a formal Isolation Protocol for field technicians and staff members who have had contact with a confirmed or suspected HPAI zone.
Global Logistics and Rising Energy Costs
Increasing oil prices have significantly impacted transportation and freight costs. Volatility in energy markets – driven by geopolitical tensions in 2025 and early 2026 – has placed upward pressure on distribution margins.
Mitigation
Wherever possible, the Company has sought to consolidate shipments rather than utilising more frequent, smaller deliveries. We also closely monitor vehicle fuel prices via integrated fuel cards to manage and reduce expenditure.
Volatility in Exchange Rates
As a company with significant international trade and a primary concentration in European markets, we are exposed to fluctuations in the Euro (EUR). Recent volatility in the GBP/EUR exchange rate has the potential to impact both our competitive pricing and the translation of export revenues.
Mitigation
The Company employs a robust hedging strategy, utilising forward exchange contracts to lock in rates for major transactions. We also maintain a "natural hedge" by balancing currency-based expenses with revenues in the same denominations where feasible.
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VENCOMATIC POULTRY UK LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The Directors monitor performance using a range of financial performance measures including revenue and underlying profitability.
Looking ahead to late 2026 and 2027, the Company intends to focus on research and development. We believe that technological superiority is the most effective long-term hedge against sector-wide risks.
This report was approved by the board and signed on its behalf.
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VENCOMATIC POULTRY UK LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The Directors present their report and the financial statements for the year ended 31 December 2025.
The Directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the Directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £599,777 (2024 - £344,084).
The Directors do not recommend a final dividend (2024 - £Nil).
The Directors who served during the year were:
The Company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the Company's Strategic Report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Sch. 7 to be contained in the Directors' Report. It has done so in respect of principal risks and uncertainties and future developments.
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VENCOMATIC POULTRY UK LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Under section 487(2) of the Companies Act 2006, Armstrong Watson Audit Limited will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.
This report was approved by the board and signed on its behalf.
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VENCOMATIC POULTRY UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VENCOMATIC POULTRY UK LIMITED
We have audited the financial statements of Vencomatic Poultry UK Limited (the 'Company') for the year ended 31 December 2025, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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VENCOMATIC POULTRY UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VENCOMATIC POULTRY UK LIMITED (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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VENCOMATIC POULTRY UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VENCOMATIC POULTRY UK LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
∙We obtained an understanding of laws and regulations that affect the Company, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. Key laws and regulations that we identified included the UK Companies Act, tax legislation and occupational health and employment legislation.
∙We enquired of the Directors, reviewed correspondence with HMRC and reviewed Directors meeting minutes for evidence of non-compliance with relevant laws and regulations. We also reviewed controls the Directors have in place to ensure compliance.
∙We gained an understanding of the controls that the Directors have in place to prevent and detect fraud. We enquired of the Directors about any incidences of fraud that had taken place during the accounting period.
∙The risk of fraud and non-compliance with laws and regulations and fraud was discussed within the audit team and tests were planned and performed to address these risks.
∙We reviewed financial statements disclosures and tested to supporting documentation to assess compliance with relevant laws and regulations discussed above.
∙We enquired of the Directors about actual and potential litigation and claims.
∙We performed analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.
∙In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
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VENCOMATIC POULTRY UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VENCOMATIC POULTRY UK LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditors
Skipton
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VENCOMATIC POULTRY UK LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
REGISTERED NUMBER: 07803669
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 12 to 24 form part of these financial statements.
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VENCOMATIC POULTRY UK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The Company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The Company is a tax resident in the United Kingdom. It trades from its registered office address at Avian House, Thirsk Industrial Park, Thirsk, Y07 3BX.
The principal activity of the Company is sales of equipment and spares to the poultry industry.
The principal activity of the Company is sales of equipment and spares to the poultry industry.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).
This information is included in the consolidated financial statements of Van De Ven Beheer B.V. as at 31 December 2025 and these financial statements may be obtained from https://www.datocapital .nl.
The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. In reaching their conclusion, the directors have considered their cash flow for a period of 12 months from the date of signing the financial statements.
After consideration of all factors the Directors continue to adopt the going concern basis in preparing the financial statements. A letter of support has been provided from the parent company in relation to the Vencomatic Poultry UK Limited and the Directors have assessed the support will be forthcoming.
After consideration of all factors the Directors continue to adopt the going concern basis in preparing the financial statements. A letter of support has been provided from the parent company in relation to the Vencomatic Poultry UK Limited and the Directors have assessed the support will be forthcoming.
Functional and presentation currency
Transactions and balances
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, depending on the class.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.
Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Other financial instruments
Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.
Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed
and are based on experience and other factors, including expectations of future events that are believed
to be reasonable under the circumstances.
The key estimations that management have made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:
Recoverability of trade debtors
The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade debtors, management considers factors including the credit rating of the debtors, the ageing profile of the debtors and historical experience.
Impairment of stock
The company sells products in a market that is subject to technological developments. As a result it is necessary to consider the recoverability of the cost of stock and the associated provisioning required. When considering the impairment of stocks, management considers the nature and condition of the stock.
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
There were no factors that may affect future tax charges.
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Share premium account
Profit and loss account
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VENCOMATIC POULTRY UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £51,506 (2024 - £36,787 ). Contributions totalling £7,280 (2024 - £6,654 ) were payable to the fund at the reporting date and are included in creditors.
The ultimate controlling party of Vencomatic Poultry UK Limited are the directors of the Company's ultimate parent, Van De Ven Beheer B.V, incorporated in the Netherlands.
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