CARPENTER HOLDINGS LIMITED

1. CARPENTER HOLDINGS LIMITED 2001-12-13 → present
2. FONEMORE LIMITED 2001-08-22 → 2001-12-13

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

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that the Group and Company will have sufficient funds through cash available at bank together with contracts with a diversified customer base. In preparing forecasts for the Group, the Directors considered normal trading conditions as a base case scenario, being a consistent trading performance year on year. The Directors also considered reasonably possible downsides, primarily in respect of raw materials availability and consequential impacts on loss of revenue. These forecasts and projections indicate that the Group and Company are expected to maintain sufficient liquidity throughout the forecast period. Consequently, the directors are confident that the Group and Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. CARPENTER HOLDINGS LIMITED · parent
   1. Carpenter Limited 100% · UK · Manufacture and conversion of PU Foam
   2. Carpenter Engineered Foams Corby Limited 100% · UK · Dormant

Significant events

• “On 12 June 2023 a Group subsidiary, Carpenter Limited, acquired 100% of the whole of the share capital of Recticel Engineered Foams Corby Limited for a consideration of £19.9m.”
• “On 26 June 2023 REFCL changed its name to Carpenter Engineered Foams Corby Limited (CEFCL).”
• “On 1 April 2024, an impairment charge of £8.5m was recorded against the goodwill that was generated during the acquisition of CEFCL.”
• “On 1 July 2024, the assets, liabilities and business of Carpenter Engineered Foams Corby Limited, a 100% owned subsidiary within the Consolidated group, were hived up into Carpenter Limited.”

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

0

last 24 months

Officers appointed

2

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

  -12.8%

  £116,074,000 → £101,233,000

• Cash

  +78.9%

  £14,889,000 → £26,637,000

• Net assets

  -0.8%

  £69,013,000 → £68,459,000

• Employees

  -5.6%

  413 → 390

• Operating profit

  -19.6%

  £17,586,000 → £14,142,000

• Profit before tax

  -64.7%

  £18,219,000 → £6,439,000

• Wages

  +8.1%

  £14,139,000 → £15,278,000

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