KESWICK FLOORING LIMITED

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-28.

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

• Turnover

  +18.5%

  £35,046,677 → £41,544,187

• Cash

  -52%

  £2,080,644 → £997,746

• Net assets

  -64.9%

  -£1,826,077 → -£3,011,358

• Employees

  +35.1%

  74 → 100

• Operating profit

  +72.4%

  -£4,456,654 → -£1,230,605

• Profit before tax

  +69.4%

  -£4,465,123 → -£1,365,272

• Wages

  +28.6%

  £3,046,095 → £3,915,792

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

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 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Qualified

Going concern

Affirmed

“In preparing these financial statements, the Directors have reviewed the Company's primary statements and the supporting disclosures, its forecast trading performance for at least the next 12 months from the date of the approval of these financial statements, and its access to working capital facilities. The Directors have further considered the parent company loan. This loan is repayable on demand however a letter of support has been obtained from the parent company, Nestware Holdings Limited ("NHL"), confirming that, barring unforeseen circumstances or adverse developments, they will not be calling on the repayment of the intercompany loan within the period of at least 12 months from the date of the approval of these financial statements.”

Significant events

• “The Company acquired the trade and certain assets of UK Flooring Direct Ltd on 4 July 2023.”
• “On 22 July 2024, Carpetright Limited ("Carpetright", now called CPR Realisations Limited) went into administration and ceased trading. Carpetright was a related party of the Company, and shared some systems, processes, and warehousing. The 'Flooring Megastore' brand utilised the Carpetright finance system and as a result Keswick has lost access to some historic data and records following the administration. This has had minimal impact on 2024 operations and financial information.”

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

Filings

7

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.