VALLEY WHOLESALE CARPETS LIMITED
Get an alert when VALLEY WHOLESALE CARPETS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-28 (in 5mo)
Last made up 2025-10-14
Watchouts
None on the register
Cash
£2M
-66.2% lowest in 5 filed years
Net assets
£34M
-7.4% vs 2023
Employees
142
+7.6% highest in 5 filed years
Profit before tax
£2M
-34.8% lowest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £36,717,517 | £35,887,676 | £47,286,515 | £41,732,733 | £40,365,689 | |
| Operating profit | £2,688,293 | £2,568,300 | £5,309,942 | £3,581,707 | £2,396,298 | |
| Profit before tax | £2,688,912 | £2,562,744 | £5,312,673 | £3,625,218 | £2,364,777 | |
| Net profit | £2,183,865 | £2,183,049 | £4,330,565 | £2,848,308 | £1,733,646 | |
| Cash | £8,016,139 | £10,775,087 | £10,802,121 | £4,821,489 | £1,629,881 | |
| Total assets less current liabilities | £21,002,118 | — | £24,728,297 | £38,045,701 | £35,430,173 | |
| Net assets | £20,838,235 | — | £24,551,849 | £36,598,632 | £33,889,976 | |
| Equity | £20,838,235 | — | £24,551,849 | £36,598,632 | £33,889,976 | |
| Average employees | 124 | 129 | 134 | 132 | 142 | |
| Wages | £4,485,251 | £4,607,876 | £4,854,594 | £4,884,809 | £5,303,396 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 7.3% | 7.2% | 11.2% | 8.6% | 5.9% | |
| Net margin | 5.9% | 6.1% | 9.2% | 6.8% | 4.3% | |
| Return on capital employed | 12.8% | — | 21.5% | 9.4% | 6.8% | |
| Gearing (liabilities / total assets) | — | — | — | 8.4% | 7.7% | |
| Current ratio | — | — | — | 11.12x | 13.82x | |
| Interest cover | — | 462.17x | — | 413.69x | 43.14x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board have undertaken assessments of going concern to build up a cash flow model through to December 2026 based on 2024 actuals, 2025 budget and forecast performance for 2026. These cash-flows indicate that the business has adequate resources to continue to operate for the foreseeable future and within the current financing arrangements in place.”
Significant events
- “The Company purchased a freehold Logistics Centre in Ivybridge, near Plymouth, for consideration of £1.15m on 6th February 2025. This was funded from internal cash reserves.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAKER-ASHFORTH, Ben | Secretary | 2024-08-02 | — | — |
| BREWER, Anthony John | Director | 2022-01-14 | May 1960 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MITCHELL, Kate | Secretary | 2007-10-31 | 2022-01-14 |
| MITCHELL, Linda | Secretary | — | 2007-10-31 |
| POVEY, Roy | Secretary | 2022-01-14 | 2023-12-31 |
| JUDGE, Tony | Director | 2022-01-14 | 2024-03-29 |
| MITCHELL, Alan | Director | — | 2000-03-31 |
| MITCHELL, David | Director | — | 2007-10-31 |
| MITCHELL, Kate | Director | 2003-02-01 | 2022-01-14 |
| MITCHELL, Stephen | Director | 2003-02-01 | 2022-01-14 |
| POVEY, Roy | Director | 2022-01-14 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Valley Wholesale Carpets (2004) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Ceased 2022-01-14 |
| Ms Kate Mitchell | Individual | Significant influence | 2016-07-01 | Ceased 2022-01-14 |
| Mr Stephen Mitchell | Individual | Significant influence | 2016-07-01 | Ceased 2022-01-14 |
| Valley Wholesale Carpets (2004) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Active |
Filing timeline
Last 20 of 121 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-15 | MA | incorporation | Memorandum articles | |
| 2022-11-15 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-15 | CC04 | change-of-constitution | Statement of companys objects | |
| 2022-10-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-21 | AA01 | accounts | Change account reference date company current extended | |
| 2022-01-21 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.3%
£41,732,733 £40,365,689
-
Cash
-66.2%
£4,821,489 £1,629,881
lowest in 5 filed years
-
Net assets
-7.4%
£36,598,632 £33,889,976
-
Employees
+7.6%
132 142
highest in 5 filed years
-
Operating profit
-33.1%
£3,581,707 £2,396,298
lowest in 5 filed years
-
Profit before tax
-34.8%
£3,625,218 £2,364,777
lowest in 5 filed years
-
Wages
+8.6%
£4,884,809 £5,303,396
highest in 5 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