AIRSPRUNG FURNITURE LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

1. AIRSPRUNG FURNITURE LIMITED 2002-04-09 → present
2. SLEEPMAKER BEDS LIMITED 1980-06-20 → 2002-04-09

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

Bishop Fleming LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are satisfied that the business model has demonstrated its ability to operate in such situations, and consider that it is well placed to deal with these potential challenges. They have prepared forecasts at a group level which demonstrate the group, of which Airsprung Furniture Limited is a member, has sufficient headroom within the current facilities to deal with a reasonable level of unforeseen events, and the parent company has provided a letter of support to the company. The directors are satisfied it is reasonable for the group, of which the company is a member, to expect continued support from key stakeholders, including the investors, bank and pension fund. Therefore the directors have prepared the financial statements on a going concern basis.”

Significant events

• “After a strategic review of the company's upholstery manufacturing operation based in Chorley the decision was made to cease production at this site. Exceptional closure costs totalling £599,000 were incurred during the year.”
• “The disposal of an underutilised area of the Trowbridge site in March 2023 provided the business with a significant cash injection leaving the business free of any borrowings.”

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

Filings

4

last 12 months

Capital events

0

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

  -12.9%

  £28,978,000 → £25,236,000

• Cash

  -62.4%

  £4,241,000 → £1,593,000

• Net assets

  -69.2%

  -£3,001,000 → -£5,079,000

• Employees

  -12%

  301 → 265

• Operating profit

  -130.4%

  £6,633,000 → -£2,019,000

• Profit before tax

  -133.1%

  £6,272,000 → -£2,078,000

• Wages

  -3.3%

  £7,614,000 → £7,360,000

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