GOTT AGRI SYNERGY, the parent company of Stonegate, grew sales by £8m to £90.7m in its latest financial results.
But pre-tax profits came to £74,000, down from £5.7m the year before.
The latest results cover the year to 29 September 2018, with a single director – A D Gott.
In the strategic report, the company says it operates in free-range and organic egg production having ceased caged-hen production in “early 2016/17”. It says this is in line with trends in both consumers and the company’s customers.
It adds that it considers exiting caged-egg production to reduce the risk of pressure against egg production.
Mr Gott says he considers the group to be in a strong financial position, “given net assets of £8.5m with net current ass
