COLEFAX GROUP PLC

1. COLEFAX GROUP PLC 1999-09-21 → present
2. COLEFAX AND FOWLER GROUP PLC 1987-04-28 → 1999-09-21
3. COLEFAX AND FOWLER LIMITED 1984-12-10 → 1987-04-28

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

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared detailed profit and cash flow forecasts for each subsidiary covering a period of at least twelve months from the date of approving the financial statements and taking into account all of the principal risks and uncertainties facing the business. The forecasts have been stress tested by considering the profit and cash flow impact of a range of sales scenarios up to a maximum shortfall of 40% compared to the forecast. Even under the worst-case scenario the Group has significant headroom in terms of cash resources and has no need for any bank borrowing. As a result, the Directors are satisfied that the Group has adequate resources and that there is no material uncertainty that would prevent the Group from continuing in operational existence for the foreseeable future, and they have therefore adopted the going concern basis in preparing the consolidated financial statements for the year ended 30 April 2025.”

Group structure

1. COLEFAX GROUP PLC · parent
   1. Colefax and Fowler Limited 1% · England and Wales · Fabrics and Wallpapers
   2. Sibyl Colefax & John Fowler Limited 1% · England and Wales · Interior & Architectural Design
   3. Kingcome Sofas Limited 1% · England and Wales · Upholstered Furniture
   4. Colefax and Fowler Holdings Limited 1% · England and Wales · Holding Company for Colefax and Fowler Inc
   5. Manuel Canovas Limited 1% · England and Wales · Dormant
   6. Jane Churchill Limited 1% · England and Wales · Dormant
   7. Colefax and Fowler Incorporated 1% · USA · Fabrics and Wallpapers
   8. Cowtan and Tout Incorporated 1% · USA · Fabrics and Wallpapers
   9. Manuel Canovas SAS 1% · France · Fabrics and Wallpapers
   10. Colefax and Fowler GmbH 1% · Germany · Fabrics and Wallpapers
   11. Colefax and Fowler Srl 1% · Italy · Fabrics and Wallpapers
   12. Colefax and Fowler SL 1% · Spain · Fabrics and Wallpapers
   13. Cowtan and Tout Canada Limited 1% · Canada · Fabrics and Wallpapers

Significant events

• “In October 2024 the Group returned £2.4 million of surplus cash to shareholders by way of a share buyback in the form of a tender offer. The Group purchased and cancelled 307,043 shares representing just under 5% of the issued ordinary share capital at a price of £7.80 per share.”
• “The good performance by the Fabric Division was mainly due to a very strong final quarter in the Group's core US market where like for like sales increased by 14%. Although it is hard to quantify precisely, we believe that much of the increase was due to clients accelerating purchases to avoid higher US import tariffs.”
• “The US dollar exchange rate has weakened significantly since January and every one cent decline in the average rate impacts Group profits by around £190,000.”
• “Lease payments during the year amounted to £5.7 million (2024 - £5.1 million) with the increase of £600,000 mainly due to higher rent costs at our warehouse premises in South West London.”
• “The Group has hedged about one third of its US Dollar exposure for 2025-26 at an average rate of 1.28 but if the rate stays at its current level or weaker it will have a significant impact on profitability.”

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

Filings

5

last 12 months

Capital events

4

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

  +2.6%

  £107,162,000 → £109,986,000

• Cash

  +25.6%

  £17,763,000 → £22,312,000

• Net assets

  +11.1%

  £31,745,000 → £35,284,000

• Employees

  -5.8%

  378 → 356

• Operating profit

  +13.2%

  £8,476,000 → £9,597,000

• Profit before tax

  +15.1%

  £7,732,000 → £8,900,000

• Wages

  -0.1%

  £19,889,000 → £19,878,000

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