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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-04-04 (in 11mo)

Last made up 2026-03-21

Watchouts

1 item

Cash

-£18M

-108.6% vs 2023

Net assets

-£2M

-148.1% vs 2023

Employees

1,988

-13.3% vs 2023

Profit before tax

-£22M

+59.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 2 times since incorporation — the current trading name was adopted 2026-05-01

  1. NOBIA HOLDINGS UK LIMITED 2026-05-01 → present
  2. NOBIA HOLDINGS UK LIMITED 2001-06-20 → 2026-05-01
  3. INHOCO 2297 LIMITED 2001-03-21 → 2001-06-20

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £356,813,000£354,087,000
Operating profit -£52,280,000-£16,066,000
Profit before tax -£54,590,000-£22,036,000
Net profit -£62,972,000-£10,582,000
Cash -£8,798,000-£18,357,000
Total assets less current liabilities £28,261,000£14,083,000
Net assets £3,307,000-£1,591,000
Equity £3,307,000-£1,591,000
Average employees 2,2921,988
Wages £80,192,000£73,637,000

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 2023-12-312024-12-31
Operating margin -14.7%-4.5%
Net margin -17.6%-3.0%
Return on capital employed -185.0%-114.1%
Gearing (liabilities / total assets) 97.5%101.0%
Current ratio 0.97x0.76x
Interest cover -22.55x-2.67x

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
Consolidated group
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on a going concern basis as they have a reasonable expectation that the company will continue to have full and immediate access to its pooled credit facility, the £20m cash injection in January 2024 will not be repatriated as part of any future group facilities, and that group management actions over the assessment period will be sufficient to enable the group to complete on the refinancing package such that adequate financing will remain in place and that the company will continue to operate for the foreseeable future.”

Group structure

  1. NOBIA HOLDINGS UK LIMITED · parent
    1. CIE plc 100% · UK · Supply and installation of kitchens
    2. Commodore Kitchens Limited 100% · UK · Supply and installation of kitchens
    3. Gower Furniture Limited 100% · UK · Act as an agent specialising in the manufacture, and sale of kitchen related products under the Gower brand
    4. Magnet Limited 100% · UK · Act as an agent specialising in the manufacture, merchanting and retailing of kitchens, joinery and related products under the Magnet brand
    5. Magnet (Isle of Man) Limited 100% · Isle of Man · Retailing of fitted kitchens and related products
    6. Charco Ninety-Nine Limited 100% · UK · Holding company
    7. CIE UK (Holdings) Limited 100% · UK · Holding company
    8. Essenza Interiors Limited 100% · UK · Dormant
    9. Gower Group Limited 100% · UK · Holding company
    10. Magnet & Southern Limited 100% · UK · Dormant
    11. Magnet Distribution Limited 100% · UK · Dormant
    12. Magnet Furniture Limited 100% · UK · Dormant
    13. Magnet Group Limited 100% · UK · Dormant
    14. Magnet Group Trustees Limited 100% · UK · Dormant
    15. Magnet Industries Limited 100% · UK · Dormant
    16. Magnet Joinery Limited 100% · UK · Dormant
    17. Magnet Kitchens Limited 100% · UK · Dormant
    18. Magnet Manufacturing Limited 100% · UK · Dormant
    19. Magnet Retail Limited 100% · UK · Dormant
    20. Magnet Supplies Limited 100% · UK · Dormant
    21. Nobia UK Trustees Limited 100% · UK · Pension trust

Significant events

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

People

3 active · 24 resigned

Name Role Appointed Born Nationality
DOYLE, Gemma Claire Louise Director 2023-01-17 Mar 1986 British
ROSE, Sophie Louise Director 2025-12-10 May 1986 British
VOS, Huibert Arnold Director 2026-03-02 Jul 1984 Swiss
Show 24 resigned officers
Name Role Appointed Resigned
GRATTON, Gordon Cameron Paul Secretary 2002-06-24 2002-08-28
HARDCASTLE, Nicola Jane Secretary 2002-08-28 2022-05-31
RAPPE, Folke Lennart Secretary 2001-04-11 2002-06-24
A B & C SECRETARIAL LIMITED Corporate Nominee Secretary 2001-03-21 2001-04-11
AHMED, Anjum Director 2010-03-31 2021-08-31
BAGER, Preben Director 2004-10-26 2010-10-06
CAPPELEN, Frederik Director 2001-04-11 2008-04-01
CARR, Daniel Arthur Edward Director 2013-09-26 2023-01-17
DYMOND, George Barnaby Director 2024-05-01 2025-12-12
FAVELL, Gary Alan Director 2001-12-17 2004-10-26
FAWCUS, Lynne Marie Director 2023-03-01 2025-01-03
FRIEND, Nicholas Giovanni Lewis Director 2010-08-01 2010-09-17
HARDCASTLE, Nicola Jane Director 2013-09-26 2022-05-31
JOHANSSON, Jan Director 2004-10-21 2008-06-30
KANE, Peter Director 2010-03-31 2020-06-30
LJUNGFELT, Kristoffer Director 2016-10-28 2026-03-02
NORMAN, Bo Mikael Director 2010-10-29 2016-10-19
RAPPE, Folke Lennart Director 2001-04-11 2004-10-20
RYALL, Anthony George Director 2013-12-06 2013-12-06
SAUNDERS, Roy Director 2008-03-03 2010-03-31
SMITH, Christine Director 2021-10-01 2022-09-22
WOOLSTON, Paul David Director 2013-09-26 2022-12-01
WRIGLEY, Peter Anthony Director 2013-09-26 2015-06-30
INHOCO FORMATIONS LIMITED Corporate Nominee Director 2001-03-21 2001-04-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Magnus Mattson Individual Shares 75–100%, Voting 75–100% 2026-03-02 Active
Nobia Ab Corporate entity Shares 75–100% 2016-04-06 Ceased 2026-03-02

Filing timeline

Last 20 of 143 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-05-01 CERTNM Certificate change of name company PDF
  • 2024-04-24 CC04 Statement of companys objects
  • 2024-04-24 MA Memorandum articles
Date Type Category Description
2026-05-01 CERTNM change-of-name Certificate change of name company PDF
2026-03-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-10 MR04 mortgage Mortgage satisfy charge full PDF
2026-03-10 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-03-05 AP01 officers Appoint person director company with name date PDF
2026-03-05 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-03-04 TM01 officers Termination director company with name termination date PDF
2026-03-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-03-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-22 AP01 officers Appoint person director company with name date PDF
2025-12-22 TM01 officers Termination director company with name termination date PDF
2025-06-17 AA accounts Accounts with accounts type group
2025-03-28 AUD auditors Auditors resignation company
2025-03-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-31 AA accounts Accounts with accounts type group
2025-01-08 TM01 officers Termination director company with name termination date PDF
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-04-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-04-24 CC04 change-of-constitution Statement of companys objects
2024-04-24 MA incorporation Memorandum articles

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

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

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

Official Companies House page