PREMDOR CROSBY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. PREMDOR CROSBY LIMITED 1996-07-31 → present
2. NYLEWOOD LIMITED 1996-07-19 → 1996-07-31

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Villars Hayward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the going concern assumption given the risks and uncertainties faced by the company as described above and have formed the conclusion that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future for a period of at least twelve months from the date of approval of the financial statements. At 31 December 2024 the company had cash of £6.3m (2023: £6.6m) and no external financing. The company has net current assets at 31 December 2024 of £74.2m (2023: £84.3m).The directors have obtained a letter of support from its ultimate parent company Owens Corning, a US listed corporate. The directors have assessed their liability to rely on this letter of support given the change in ownership post year end, and they are satisfied that there is no intention to cease trading in the UK market and that Owens Corning has the ability to provide such support. The directors are therefore confident that the company can continue as a going concern for at least 12 months from the date of signing.”

Group structure

1. PREMDOR CROSBY LIMITED · parent
   1. Door-Stop International Limited 100% · United Kingdom · Manufacture of doors

Significant events

• “On 15 May 2024 Masonite International Corporation was acquired by Owens Corning, a large US-listed building and construction materials company with the Mission to "build a sustainable future through material innovation". Masonite became the Doors Division of Owens Corning alongside its existing Roofing, Insulation and Composites divisions.”
• “On 30 May 2019 the company received a letter from the Health and Safety Executive ("HSE") of potential breaches of health and safety regulations that were noted during an investigation of an incident that occurred on 22 March 2018. The letter informed the company that they could submit additional information or comments to the HSE for it to consider prior to the HSE making an enforcement decision. The company provided its comments on 9 August 2019 and is currently awaiting a response from the HSE.”
• “On 25 March 2025 a dividend of £17,779,000 was received from DSI Ltd, its dormant subsidiary. This dividend represented the total value of the cumulative retained earnings of this entity. It was settled via an intercompany transaction.”

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

3

last 24 months

Officers appointed

0

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

  -6.6%

  £175,681,000 → £164,021,000

• Cash

  -4.8%

  £6,591,000 → £6,272,000

• Net assets

  -20.3%

  £170,835,000 → £136,208,000

• Employees

  -12.7%

  1,075 → 939

• Operating profit

  -47.5%

  -£9,111,000 → -£13,435,000

• Profit before tax

  -369.5%

  -£8,765,000 → -£41,156,000

• Wages

  -12.1%

  £38,164,000 → £33,551,000

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