CPL PRODUCTS LIMITED

1. CPL PRODUCTS LIMITED 2022-09-29 → present
2. COAL PRODUCTS LIMITED 1986-08-12 → 2022-09-29
3. NCB (COAL PRODUCTS) LIMITED 1973-03-15 → 1986-08-12

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On 25th September 2024, the Group entered into a new 3 year financing arrangement covering its major financing requirements with Barclays Bank Plc including an Asset Based Lending Facility and a number of secured loans. The Group also continues to maintain long-standing smaller financing arrangements with a number of other lenders.”

Group structure

1. CPL PRODUCTS LIMITED · parent
   1. Palco Shipping and Trading Limited 100% · England & Wales · Non trading

Significant events

• “During the year the Company incurred exceptional costs associated with the write down of its assets held for sale of £3.3m (2024: £nil) and restructuring, redundancy and other exceptional costs of £0.2m (2024: £0.1m).”
• “On 25th September 2024, the Group entered into a new 3 year financing arrangement covering its major financing requirements with Barclays Bank Plc including an Asset Based Lending Facility and a number of secured loans.”
• “On 25 September 2024, the Group sold its entire investment in Carbon Link Limited, a fellow subsidiary of the Group.”
• “The Company is aware that the Court of Appeal has recently upheld the decision in the Virgin Media vs NTL Pension Trustees II Limited case. The decision puts into question the validity of any amendments made in respect of the rules of a contracted-out pension scheme between 6 April 1997 and 5 April 2016.”

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

0

last 24 months

Officers appointed

0

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

  -4.1%

  £84,900,000 → £81,400,000

• Cash

  +133.3%

  £300,000 → £700,000

• Net assets

  -72%

  £10,000,000 → £2,800,000

• Employees

  0%

  153 → 153

• Operating profit

  -148.8%

  £4,100,000 → -£2,000,000

• Profit before tax

  -575%

  -£800,000 → -£5,400,000

• Wages

  -4.2%

  £4,800,000 → £4,600,000

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