ARCTIC HAYES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ARCTIC HAYES LIMITED 2014-12-16 → present
2. ARCTIC PRODUCTS LIMITED 1995-10-09 → 2014-12-16
3. WAVECARE LIMITED 1981-08-26 → 1995-10-09

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

Taylor Dawson Plumb Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In October 2024 the entire issued share capital of AB Outsourcing Ltd was acquired by Icebox Belgium Holdings Srl. This acquisition presents great opportunities for ABO / Arctic Hayes Ltd to continue to achieve solid growth in the UK and European heating and plumbing marketplace, offering synergistic buying power and complementary product ranges from the wider Diversitech Group organisation.”
• “We have continued to make further commercial gains and won a two year contract with a major national account to supply heating products.”
• “We extended our contract with a major contractor for a further two and a half years to supply a full range of products across the UK.”
• “We also signed an exclusive distribution agreement with Trappex to supply their products within the UK and Ireland.”
• “The launch of our pipe freeze project was slightly delayed and only went to market in the final cuarter of 2024.”

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

Filings

9

last 12 months

Capital events

1

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

  +7.1%

  £11,591,426 → £12,414,752

• Cash

  -34.1%

  £346,932 → £228,746

• Net assets

  +18.3%

  £6,349,639 → £7,508,749

  highest in 6 filed years

• Employees

  +3.2%

  31 → 32

  highest in 6 filed years

• Operating profit

  +34%

  £1,400,109 → £1,876,700

• Profit before tax

  +39.1%

  £1,310,924 → £1,823,884

• Wages

  +14.1%

  £1,028,988 → £1,174,011

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