KARNDEAN HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
None on the register
Cash
£63M
+19.8% vs 2023
Net assets
£92M
-23.9% vs 2023
Employees
584
0% vs 2023
Profit before tax
-£13M
+1.3% vs 2023
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 | £272,102,928 | £261,170,428 | |
| Operating profit | -£3,052,560 | -£3,567,964 | |
| Profit before tax | -£12,714,301 | -£12,552,160 | |
| Net profit | -£16,323,265 | -£19,534,267 | |
| Cash | £52,795,185 | £63,236,383 | |
| Total assets less current liabilities | £328,567,666 | £302,980,845 | |
| Net assets | £120,460,984 | £91,718,858 | |
| Equity | £120,460,984 | £91,718,858 | |
| Average employees | 584 | 584 | |
| Wages | £37,689,067 | £38,002,624 |
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 | -1.1% | -1.4% | |
| Net margin | -6.0% | -7.5% | |
| Return on capital employed | -0.9% | -1.2% | |
| Current ratio | 3.87x | 4.38x | |
| Interest cover | -0.27x | -0.32x |
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
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have identified no current material uncertainties that may cast significant doubt about the ability of the Group to continue as a going concern.”
Group structure
- KARNDEAN HOLDINGS LIMITED · parent
- Karndean International Limited 100%
- Designflooring International Limited 100%
- Designflooring International (South) Limited 100%
- Karndean Limited 100%
- Designflooring GmbH 100%
- DSL Flooring Limited 100%
- Karndean International LLC 100%
- Karndean International Pty Limited 76%
- Karndean New Zealand 76%
- mFLOR International B.V 100%
- Karndean International Inc 100%
Significant events
- “The UK business moved into a new warehouse in Q4.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COMENS, Christopher James Alexander Randall | Secretary | 2020-01-15 | — | — |
| CORFIELD, Graham John | Director | 2023-10-01 | Apr 1969 | British |
| O'RIORDAN, Daniel Joseph, Mr. | Director | 2025-05-01 | Aug 1974 | British |
| PERRIN, Edward Richard Miller | Director | 2020-01-15 | Jun 1976 | British |
| SEFTON, Mark Stephen | Director | 2023-07-01 | Mar 1961 | British |
| TIBBITTS, Fleur Michelle | Director | 2020-01-15 | Jan 1969 | British |
| WALKER, Daniel William Nelson | Director | 2020-01-15 | Dec 1981 | British |
| WITHOOS, Gregory Paul | Director | 2020-01-15 | Mar 1968 | Australian |
| WOOD, Peter Geoffery | Director | 2020-01-15 | Dec 1960 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMENS, Christopher James | Director | 2019-11-12 | 2020-10-21 |
| HOWARD, Jane Denise | Director | 2019-11-12 | 2020-10-21 |
| MASSEY, Alan Victor | Director | 2019-11-12 | 2026-03-31 |
| MOFFAT, Philip | Director | 2020-10-21 | 2023-12-31 |
| PARKER, Gregory | Director | 2023-10-01 | 2024-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Michael Thomas Frederick Walker | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-12 | Active |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-02 | AA | accounts | Accounts with made up date | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-08 | CH01 | officers | Change person director company with change date | |
| 2023-11-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-02 | AA | accounts | Accounts with accounts type group | |
| 2022-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type group | |
| 2022-01-04 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
-4%
£272,102,928 £261,170,428
-
Cash
+19.8%
£52,795,185 £63,236,383
-
Net assets
-23.9%
£120,460,984 £91,718,858
-
Employees
0%
584 584
-
Operating profit
-16.9%
-£3,052,560 -£3,567,964
-
Profit before tax
+1.3%
-£12,714,301 -£12,552,160
-
Wages
+0.8%
£37,689,067 £38,002,624
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