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Cash

Latest balance sheet

Net assets

Equity attributable

Employees

Average over period

Profit before tax

-£55k

+63.6% highest in 3 filed years

Watchouts

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

Accounts

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

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £2,281,000£167,000£0 -100%
Operating profit -£1,072,000-£46,000£28,000 +160.9%
Profit before tax -£1,180,000-£151,000-£55,000 +63.6%
Net profit -£913,000-£114,000-£70,000 +38.6%
Cash £491,000£68,000
Total assets less current liabilities -£740,000-£996,000
Net assets -£1,001,000-£1,115,000
Equity -£1,001,000
Average employees 61
Wages £218,000£34,000
Directors' remuneration

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 2023-12-312024-12-312025-12-31
Operating margin -47.0%-27.5%
Net margin -40.0%-68.3%
Gearing (liabilities / total assets) 165.6%321.7%
Current ratio 0.67x0.34x
Interest cover -9.93x-0.44x0.34x

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 1 time since incorporation

  1. WARMAFLOOR (GB) LIMITED 1995-10-10 → present
  2. SPEED 7006 LIMITED 1995-09-21 → 1995-10-10

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“Following the Directors decision in 2022 to withdraw from new projects and the completion of existing contractual obligations in 2024, the Company is expected to collect all remaining retentions in HY2 2026. The Directors intend to liquidate the Company once all remaining balances have been settled. The financial statements have been prepared on the basis other than going concern.”

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

People

3 active · 20 resigned

Name Role Appointed Born Nationality
ARCHIBALD, Euan James Secretary 2024-06-26
BROWN, Jay Marguerite Director 2023-07-01 Oct 1969 British
NORMAN, Neil Director 2022-07-04 Jul 1966 British
Show 20 resigned officers
Name Role Appointed Resigned
DOUGLAS, Neil Robert John Secretary 2017-09-01 2021-02-01
HOPKINS, Barbara Lucy Secretary 1995-09-28 2008-07-01
PHILLIPS, Robert Glyn Secretary 2008-07-01 2009-04-03
TAYLOR, Paul William Secretary 2009-04-03 2017-02-19
WALKER-ARNOTT, Ellen Secretary 2022-08-08 2024-06-26
OAKWOOD CORPORATE SECRETARY LIMITED Corporate Secretary 2021-02-01 2023-12-01
WATERLOW SECRETARIES LIMITED Corporate Nominee Secretary 1995-09-21 1995-09-28
BARKER, Keith Stuart Director 2008-07-01 2010-07-31
DOUGLAS, Neil Robert John Director 2017-09-01 2023-06-02
FORSYTH, Calum James Director 2008-07-01 2012-07-31
HOPKINS, Barbara Lucy Director 1996-03-05 2008-07-01
HOPKINS, John Henry Director 1995-09-28 2008-07-01
KING, Christopher Robert Director 2013-06-01 2017-05-31
LAMB, Michael Keith Director 1996-09-09 2015-06-05
MACLAURIN, Paul Director 2012-10-31 2022-05-05
NICHOLLS, Alan Brent Director 2013-06-01 2021-02-20
SAGE, John Director 2012-07-31 2012-10-31
TAYLOR, Paul William Director 2008-07-01 2017-02-19
WARD, Michael Gordon Director 2018-07-05 2023-09-07
WATERLOW NOMINEES LIMITED Corporate Nominee Director 1995-09-21 1995-09-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wavin Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 149 total filings

Date Type Category Description
2026-08-13 AA accounts Accounts with accounts type full
2025-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-01 AA accounts Accounts with accounts type full
2024-10-31 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-27 AA accounts Accounts with accounts type full
2024-07-12 AP03 officers Appoint person secretary company with name date PDF
2024-07-12 TM02 officers Termination secretary company with name termination date PDF
2024-01-12 AD02 address Change sail address company with old address new address PDF
2024-01-11 AD04 address Move registers to registered office company with new address PDF
2023-12-14 TM02 officers Termination secretary company with name termination date PDF
2023-10-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-13 AA accounts Accounts with accounts type full
2023-09-22 TM01 officers Termination director company with name termination date PDF
2023-07-14 AP01 officers Appoint person director company with name date PDF
2023-07-13 TM01 officers Termination director company with name termination date PDF
2022-12-29 AD03 address Move registers to sail company with new address PDF
2022-12-28 AD02 address Change sail address company with new address PDF
2022-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-29 AA accounts Accounts with accounts type full
2022-08-10 AP03 officers Appoint person secretary company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page