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Cash

£57k

+15.1% vs 2024

Net assets

£8.3m

-3.2% vs 2024

Employees

94

+2.2% vs 2024

Profit before tax

-£8.1m

-53.1% vs 2024

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover £14,338,482£19,395,315 +35.3%
Operating profit -£4,410,571-£6,805,661 -54.3%
Profit before tax -£5,286,558-£8,095,935 -53.1%
Net profit -£3,953,613-£8,098,102 -104.8%
Cash £49,950£57,494 +15.1%
Total assets less current liabilities £23,679,457£27,142,267 +14.6%
Net assets £8,541,371£8,270,183 -3.2%
Equity £8,541,371£8,270,183 -3.2%
Average employees 9294 +2.2%
Wages £3,222,850£4,712,641 +46.2%
Directors' remuneration £231,268£495,049 +114.1%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-312025-12-31
Operating margin -30.8%-35.1%
Net margin -27.6%-41.8%
Return on capital employed -18.6%-25.1%
Gearing (liabilities / total assets) 73.0%78.1%
Interest cover -5.03x-5.27x

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.

Name history

Renamed 2 times since incorporation

  1. FILTROX CARLSON LIMITED 2020-11-06 → present
  2. CARLSON FILTRATION LIMITED 1988-08-10 → 2020-11-06
  3. SQUAREFIN 101 LIMITED 1988-06-20 → 1988-08-10

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having reviewed the Company's financial forecasts and expected future cash flows, the directors have concluded that there is a reasonable expectation that the Company has both continued support from its parent company and adequate resources to continue in operational existence for the foreseeable future.”

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

People

5 active · 17 resigned

Name Role Appointed Born Nationality
HARTLEY, Jennifer Michelle Secretary 2025-04-14
HARTLEY, Jennifer Michelle Director 2025-03-14 Sep 1978 British
HIRST, Paul Martin Director 2012-09-10 Mar 1965 British
LAWSON, David Jacques Director 2023-10-03 Apr 1978 British
MATTHES, Thoralf Director 2025-11-14 May 1976 German
Show 17 resigned officers
Name Role Appointed Resigned
BICKLEY, Richard Matthew Secretary 2001-04-24 2024-07-08
GREEN, Steven Mark Secretary 1993-06-03 2001-02-28
HARDING, William Henry Secretary 1993-02-11 1993-06-03
RIGG, Simon Christopher Secretary 2024-07-15 2025-04-14
SHERLOCK, Philip Secretary 1993-02-17
E L SERVICES LIMITED Corporate Secretary 2001-02-28 2001-04-24
BICKLEY, Richard Matthew Director 2002-02-19 2023-10-03
BROWN, Emma Louise, Dr Director 2023-10-03 2025-08-25
BROWN, Philip John Director 1998-01-01 2001-04-24
ESKES, Don Henry Director 1998-04-27 2004-09-01
GABBETT, Brian Robert Director 2001-02-28 2021-02-23
GREEN, Steven Mark Director 1998-01-01 2001-02-28
HALLEWELL, John Director 1998-01-01 1999-04-13
HARDING, William Henry Director 2000-10-03
RUSCH, Toni, Dr Director 2012-09-10
SHERLOCK, Philip Director 1993-02-17
WARING, Lee Director 2025-06-06 2026-01-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Doctor Cristian Rusch Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 141 total filings

Date Type Category Description
2026-09-09 AA accounts Accounts with accounts type full PDF
2026-01-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-30 TM01 officers Termination director company with name termination date PDF
2025-11-14 AP01 officers Appoint person director company with name date PDF
2025-09-22 AA accounts Accounts with accounts type medium
2025-08-26 TM01 officers Termination director company with name termination date PDF
2025-06-06 AP01 officers Appoint person director company with name date PDF
2025-04-15 AP03 officers Appoint person secretary company with name date PDF
2025-04-15 TM02 officers Termination secretary company with name termination date PDF
2025-03-14 AP01 officers Appoint person director company with name date PDF
2025-01-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-12 AA accounts Accounts with accounts type full
2024-07-17 AP03 officers Appoint person secretary company with name date PDF
2024-07-17 TM02 officers Termination secretary company with name termination date PDF
2024-01-04 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-03 TM01 officers Termination director company with name termination date PDF
2023-10-03 AP01 officers Appoint person director company with name date PDF
2023-10-03 AP01 officers Appoint person director company with name date PDF
2023-02-28 AA accounts Accounts with accounts type full
2023-01-16 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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.

Official Companies House page