HEATHCOAT FABRICS LIMITED

1. HEATHCOAT FABRICS LIMITED 2008-02-01 → present
2. JOHN HEATHCOAT AND COMPANY LIMITED 1991-06-01 → 2008-02-01
3. JOHN HEATHCOAT & COMPANY (SALES) LIMITED 1948-03-11 → 1991-06-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared prudent cash flow forecasts for a period of 12 months which confirm that the company will have sufficient funds to meet its liabilities. The company continued to trade profitably and is projected to trade profitably in the future. Strong financial discipline has continued.”

Significant events

• “Capital investment increased significantly during the year including expansion in our fabric finishing capacity, with further investments approved in preparation for expected growth across a number of our markets.”
• “Subsequent to year end, order levels have improved, and the business plans to continue to invest in plant, equipment, infrastructure and people in order to drive efficiencies and provide greater future capacity.”
• “The UK's departure from the European Union resulted in embedded increased friction in relation to shipping costs and delays across borders.”
• “Employee recruitment and retention remains a key area of risk. Management continues to address these including implementing a further above inflation pay award from June 2025, enhancing employee health and wellbeing provisions including counselling services, an employee referral incentive for new recruits and promoting other benefits such as employee profitshare.”
• “Investment in solar energy with a new solar photovoltaic (PV) array consisting of 860 panels and an installed capacity of 378kW. This installation has led to the organisation surpassing 1.26MW of installed solar PV capacity on our manufacturing roofs.”
• “Improvements to the compressed air systems via operational and behavioural changes. This has seen investment through graduate resource and equipment throughout the year to improve efficiencies and reduce wastage.”
• “Ongoing modernisation to the company's sales and directors' vehicles has resulted in the removal of the remaining diesel cars. This fleet of vehicles is now comprised of hybrid (77%) and petrol (23%).”
• “Investment for electrification of a new textile machine. This new machine has had additional investment to upgrade it to a hybrid gas/electric unit which has the capability to run the main heating element of the machine from 0-100% electric in the future, which can help reduce carbon emissions.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -17.4%

  £79,180,000 → £65,377,000

• Cash

  -44.9%

  £4,240,000 → £2,336,000

• Net assets

  +1.7%

  £30,952,000 → £31,471,000

• Employees

  -2.5%

  478 → 466

• Operating profit

  -73.2%

  £8,274,000 → £2,214,000

• Profit before tax

  -69.6%

  £8,559,000 → £2,604,000

• Wages

  -4.9%

  £18,522,000 → £17,619,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers