CARTER RETAIL EQUIPMENT LIMITED

1. CARTER RETAIL EQUIPMENT LIMITED 1996-01-01 → present
2. CARTER REFRIGERATION DISPLAY LIMITED 1959-01-14 → 1996-01-01

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

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the various uncertainties connected to the forecast, including the stress testing, and mitigating actions that could be taken, and consider that they do not indicate the existence of material uncertainties pertaining to the ability of the Company and its subsidiary, or the parent group to remain a going concern. On this basis the directors consider that it is appropriate to prepare the financial statements on the going concern basis.”

Group structure

1. CARTER RETAIL EQUIPMENT LIMITED · parent
   1. Carter Group International Inc 100% · USA

Significant events

• “Subsequent to the year end, on 11 July 2025, the directors, in conjunction with the parent entity, have completed the recapitalisation of the balance sheet through a debt to equity swap, converting inter-company debt into share capital/premium to the value of £5,000,000.”
• “Penetration into the UK market improved with the group winning additional contracts in 2024 including a significant 3 year contract from April 2024. Due to the timings of the contracts wins and a significant level of de-stocking, the revenue associated with those contracts will not be recognised until 2025.”
• “Revenue in the USA dropped in the year, although a significant level of finished goods had been completed prior to year end and will be delivered and recognised as revenue in 2025.”

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

Filings

3

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -20.4%

  £15,877,804 → £12,639,224

• Cash

  -40.2%

  £640,710 → £383,169

• Net assets

  -34.8%

  -£3,392,698 → -£4,574,692

• Employees

  0%

  54 → 54

• Operating profit

  -77.4%

  -£895,665 → -£1,589,146

• Profit before tax

  -77.4%

  -£895,665 → -£1,589,146

• Wages

  -4.2%

  £2,152,412 → £2,061,405

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