THE FINE BEDDING COMPANY LTD

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

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. THE FINE BEDDING COMPANY LTD · parent
   1. The Fine Bedding Company OÜ 100% · Estonia · Manufacture of duvets and pillows
   2. Trendsetter Properties OÜ 100% · Estonia · Property holding and rental
   3. Trendsetter Bedding GmbH 100% · Germany · Non-trading entity
   4. Trendsetter Inc 100% · USA · Sale of duvets and pillows

Significant events

• “The financial year ended 31 January 2025 was marked by significant external challenges, including the ongoing Ukraine conflict, a persistent cost-of-living crisis, and shifts in consumer behaviour, all of which had a pronounced impact on consumer and retailer confidence.”
• “Gross margins improved by 0.8%, which is attributed to our ongoing efforts to enhance manufacturing efficiency and maintain close working relationships with our longstanding supply base, particularly in managing input costs.”
• “Working capital remains healthy and has improved, reflecting strong financial management. We took a more conservative approach to inventory and increased provision by £0.76m in the year, of which £0.22m relates to the USA, this has negatively impacted the reported operating profit for the year.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +0.8%

  £25,965,409 → £26,172,826

• Cash

  -20.4%

  £3,207,826 → £2,552,304

• Net assets

  -9.7%

  £11,827,084 → £10,684,139

• Employees

  +2.9%

  171 → 176

  highest in 3 filed years

• Operating profit

  -1,562.6%

  £41,722 → -£610,220

• Profit before tax

  -1,536%

  £41,270 → -£592,627

• Wages

  +11.6%

  £3,784,747 → £4,223,706

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers