IDEAL INDUSTRIES LIMITED

1. IDEAL INDUSTRIES LIMITED 2010-01-07 → present
2. CASELLA CEL LIMITED 1999-12-09 → 2010-01-07
3. CASELLA LIMITED 1993-11-29 → 1999-12-09
4. CASELLA LONDON LIMITED 1986-12-30 → 1993-11-29
5. C.F. CASELLA & CO. LIMITED 1984-12-15 → 1986-12-30
6. NEATNEON LIMITED 1984-06-14 → 1984-12-15

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of the continual review the directors have prepared financial projections for twelve months from the date of issue of these financial statements. These projections have been sensitised based on various levels of revenue and assessed against the available cash headroom. The directors feel that the business has a strong pipeline and will remain cash positive throughout the twelve months from the date of signing. As of December 2024, the company had £3.5m in cash and given forecasted trading in FY2025 and FY2026 expect to continue to have positive cashflow throughout FY2025 and FY2026. The company will be self-sufficient and does not expect to require any external support from group companies. Based on this review the directors believe the company will have sufficient resources for at least twelve months from the date of signing these financial statements to meet its liabilities as they fall due and as such the financial statements are prepared on the going concern basis.”

Significant events

• “2025 has started encouragingly, with turnover and profit before tax forecasted to grow.”

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

Filings

2

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

  -11.5%

  £11,751,000 → £10,396,000

• Cash

  +157%

  £1,370,000 → £3,521,000

• Net assets

  +14%

  £5,809,000 → £6,620,000

• Employees

  0%

  30 → 30

• Operating profit

  +9.3%

  £867,000 → £948,000

• Profit before tax

  +15.8%

  £867,000 → £1,004,000

• Wages

  +15.5%

  £986,000 → £1,139,000

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