TROPICAL BLINDS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-25 (in 11mo)
Last made up 2026-04-11
Watchouts
Cash
£412K
-78.9% vs 2023
Net assets
£4M
-1.4% vs 2023
Employees
102
+5.2% vs 2023
Profit before tax
£3M
+13.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £21,077,636 | £21,825,841 | |
| Operating profit | £2,813,623 | £2,619,089 | |
| Profit before tax | £2,583,539 | £2,927,535 | |
| Net profit | £2,005,925 | £2,237,561 | |
| Cash | £1,949,340 | £412,068 | |
| Total assets less current liabilities | £4,391,437 | £4,108,280 | |
| Net assets | £4,038,249 | £3,982,466 | |
| Equity | £4,038,249 | £3,982,466 | |
| Average employees | 97 | 102 | |
| Wages | £3,147,049 | £3,530,748 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 13.3% | 12.0% | |
| Net margin | 9.5% | 10.3% | |
| Return on capital employed | 64.1% | 63.8% | |
| Gearing (liabilities / total assets) | 40.3% | 43.7% | |
| Current ratio | 2.63x | 2.21x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- 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
- “Adding more products to our ever-increasing portfolio”
- “Introduction in Feb 25 of an online hub to reduce the need of rising administration costs”
- “Launching sales of our shutter product to the US market”
- “Following up on new client leads from the 2024 BBSA exhibition to increase our customer base.”
- “The company is also exploring the potential of entering the US market, to replicate our UK trade in importing shutters and selling them to US trade shutter clients.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| UTTRIDGE, Angela | Secretary | 2021-03-02 | — | — |
| GAYLE, Victoria | Director | 2015-07-13 | May 1974 | British |
| MCCLUGGAGE, Jonathan Dc | Director | 2021-03-02 | Jun 1980 | British |
| UTTRIDGE, Angela | Director | 2015-07-13 | May 1974 | British |
| ZIMMATORE, Arron James | Director | 2015-07-13 | May 1982 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FELLS, Martin Ian | Secretary | 1996-04-11 | 2021-03-02 |
| THOMAS, Howard | Nominee Secretary | 1996-04-11 | 1996-04-11 |
| DICKSON, Russell Cameron | Director | 2021-03-02 | 2025-06-26 |
| DICKSON, Stuart Michael | Director | 2021-03-02 | 2025-06-26 |
| FELLS, Martin Ian | Director | 1996-04-11 | 2021-03-02 |
| FELLS, Susan Sheila | Director | 1996-04-11 | 2016-09-01 |
| LUCAS, Mark | Director | 2025-06-26 | 2026-01-02 |
| SPEER, Alistair | Director | 2021-03-02 | 2025-06-26 |
| TESTER, William Andrew Joseph | Nominee Director | 1996-04-11 | 1996-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mzuri Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-02 | Active |
| Mr Martin Ian Fells | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-03-02 |
Filing timeline
Last 20 of 133 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-28 MA Memorandum articles
- 2024-12-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-28 | MA | incorporation | Memorandum articles | |
| 2024-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-05-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-20 | AD02 | address | Change sail address company with old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
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
+3.5%
£21,077,636 £21,825,841
-
Cash
-78.9%
£1,949,340 £412,068
-
Net assets
-1.4%
£4,038,249 £3,982,466
-
Employees
+5.2%
97 102
-
Operating profit
-6.9%
£2,813,623 £2,619,089
-
Profit before tax
+13.3%
£2,583,539 £2,927,535
-
Wages
+12.2%
£3,147,049 £3,530,748
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