Agdevco Limited
Activities of agricultural holding companies · London
ActiveUnited KingdomIncorporated 2009Private Limited Company
Financial position
Accounts to 2025-12-31 · USD · Group accounts
Net assets
USD 215,511,000
Cash
—
Turnover
—
Profit / loss
USD 32,211,000
Current assets
USD 74,417,000
Creditors < 1 year
USD 4,730,000
Equity
USD 215,511,000
Average employees
49
Balance-sheet trend
USD · consolidatedFinancial 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 | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | USD 215,511,000 | USD 183,300,000 |
| Equity | USD 215,511,000 | USD 183,300,000 |
| Share capital | USD 452,000 | USD 452,000 |
| Retained earnings | USD 215,059,000 | USD 182,848,000 |
| Assets | ||
| Fixed assets | USD 219,325,000 | USD 175,690,000 |
| Current assets | USD 74,417,000 | USD 78,274,000 |
| Debtors | USD 953,000 | USD 1,055,000 |
| Liabilities | ||
| Creditors | USD 78,231,000 | USD 70,664,000 |
| Creditors within one year | USD 4,730,000 | USD 3,335,000 |
| Creditors after one year | USD 73,501,000 | USD 37,506,000 |
| Capital commitments | USD 35,700 | — |
| Profit & loss | ||
| Operating profit | USD 4,457,000 | USD 1,706,000 |
| Interest receivable | USD 1,183,000 | USD 1,663,000 |
| Interest payable | USD 962,000 | USD 617,000 |
| Profit before tax | USD 32,399,000 | USD 9,348,000 |
| Tax | USD 188,000 | USD 239,000 |
| Profit / loss | USD 32,211,000 | USD 9,109,000 |
| Operating costs | ||
| Depreciation | USD 103,000 | USD 66,000 |
| Operating lease charges | USD 335,000 | USD 339,000 |
| Audit fees | USD 260,000 | USD 247,000 |
| People & pay | ||
| Average employees | 49 | 49 |
| Staff costs | USD 10,494,000 | USD 7,978,000 |
| Wages & salaries | USD 7,273,000 | USD 6,451,000 |
| Social security costs | USD 719,000 | USD 585,000 |
| Pension costs | USD 520,000 | USD 430,000 |
| Directors' remuneration | USD 709,000 | USD 631,000 |
| Highest paid director | USD 540,000 | USD 512,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Ultimate parent
- AgDevCo Holdings Limited
- Ultimate controlling party
- AgDevCo Holdings Limited
- Accounts
- FRS 102
- Approved
- 2026-06-30, signed by Valentine Chitalu
Subsidiaries (7)
- AgDevCo Malawi Ltd · 100 · Malawi · assist the Group in investing in agriculture in sub-Saharan Africa
- AgDevCo Tanzania Ltd · 100 · Tanzania · assist the Group in investing in agriculture in sub-Saharan Africa
- AgDevCo Kenya Ltd · 100 · Kenya · assist the Group in investing in agriculture in sub-Saharan Africa
- AgDevCo Ghana Ltd · 100 · Ghana · assist the Group in investing in agriculture in sub-Saharan Africa
- AgDevCo South Africa (PTY) Ltd · 100 · South Africa · assist the Group in investing in agriculture in sub-Saharan Africa
- Africa Agricultural Development Company Moçambique, Limitada · 100 · Mozambique · assist the Group in investing in agriculture in sub-Saharan Africa
- AgDevCo Ventures Ltd · 100 · UK · assist the Group in investing in agriculture in sub-Saharan Africa
Related parties (1)
- Keith Palmer · former director · 1% non-controlling interest in Africa Agricultural Development Company Moçambique, Limitada; paid for by the Parent and remaining due at period-end · 200 MZN; 7 USD
Events after the year end (1)
- No events have occurred since the end of the reporting period that would have had a material effect on the financial statements or require disclosure.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
Unknown · created 2012-08-15 · satisfied 2021-08-11
£21,465 DUE OR TO BECOME DUE
Satisfied