Nom Dairy UK achieved a turnover of £23.5m and a gross profit of £1m during its first year of trading in the UK, the company's directors have revealed in filings to Companies House.

The dairy sold 145 million pots in the year to 31 December 2009, with 57 million pots having been produced at Nom's new Telford dairy and the rest having been imported.

Nom had made a good start in a "very competitive market," the directors said. Trading results had suffered, however, because of an unfavourable exchange rate. The pre-tax loss for the financial year was £10.5m.

Retail prices in the UK yoghurt market had ­declined as a result of a high level of promotions, but this was not expected to continue, the directors ­added. This year the company aimed to increase and strengthen its customer base, and develop its branded and own-label ranges, the directors said.

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