ASIATIC CARPETS HOLDINGS LIMITED
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-26 (in 6mo)
Last made up 2025-11-12
Watchouts
None on the register
Cash
£133K
+54.1% highest in 3 filed years
Net assets
£19M
-32.5% vs 2024
Employees
67
0% vs 2024
Profit before tax
£988K
-42.7% vs 2024
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £19,488,597 | £16,219,299 | |
| Operating profit | — | — | — | — | — | £1,569,131 | £819,163 | |
| Profit before tax | — | — | — | — | — | £1,724,090 | £988,227 | |
| Net profit | — | — | — | — | — | £1,283,508 | £737,298 | |
| Cash | — | — | £12,577 | — | — | £86,055 | £132,606 | |
| Total assets less current liabilities | — | — | £13,414,830 | — | — | £31,837,855 | £22,462,591 | |
| Net assets | — | — | £12,057,425 | — | — | £27,923,278 | £18,850,842 | |
| Equity | £9,480,923 | £11,128,199 | £12,057,425 | £12,069,718 | £12,057,830 | £27,923,278 | £18,850,842 | |
| Average employees | — | — | 36 | — | — | 67 | 67 | |
| Wages | — | — | — | — | — | £2,980,477 | £3,183,971 | |
| Directors' remuneration | — | — | — | — | — | £63,000 | £192,000 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-16.8%
£19,488,597 £16,219,299
-
Cash
+54.1%
£86,055 £132,606
highest in 3 filed years
-
Net assets
-32.5%
£27,923,278 £18,850,842
-
Employees
0%
67 67
-
Operating profit
-47.8%
£1,569,131 £819,163
-
Profit before tax
-42.7%
£1,724,090 £988,227
-
Wages
+6.8%
£2,980,477 £3,183,971
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 8.1% | 5.1% | |
| Net margin | — | — | — | — | — | 6.6% | 4.5% | |
| Return on capital employed | — | — | — | — | — | 4.9% | 3.6% | |
| Current ratio | — | — | — | — | — | 6.96x | 1.79x | |
| Interest cover | — | — | — | — | — | 10.39x | 7.35x |
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
- JLA (UK) Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- ASIATIC CARPETS HOLDINGS LIMITED · parent
- Asiatic Carpets Limited 100%
- Asiatic Carpets (Greenwood Place) Ltd 100%
- OCC Property Holdings Limited 40.8%
- Neasden London Studios Ltd 100%
Significant events
- “The group has performed well against a backdrop of challenging business conditions and market uncertainty. Despite a decrease in turnover, the group has increased its gross profit margin and has ended the year with healthy profit and cashflow position.”
- “The company's turnover has seen a significant decrease from the previous year. This has been associated with the prior year being an exceptional year in terms of trading and the this year's turnover is more in line with the normal trading pattern of the group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KELATY, Frederick Sion | Secretary | 2003-03-25 | — | British |
| KELATY, Frederick Sion | Director | 2003-03-25 | Jul 1968 | British |
| KELATY, Sharon Mozell | Director | 2003-03-25 | Aug 1964 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-03-25 | 2003-03-25 |
| KELATY, Solomon | Director | 2003-03-25 | 2005-08-07 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2003-03-25 | 2003-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Sharon Mozell Kelaty | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
| Mr Frederick Sion Kelaty | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-05 MA Memorandum articles
- 2024-07-05 RESOLUTIONS Resolution
- 2024-07-05 RESOLUTIONS Resolution
- 2024-07-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | CH01 | officers | Change person director company with change date | |
| 2026-01-30 | CH03 | officers | Change person secretary company with change date | |
| 2026-01-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-05 | MA | incorporation | Memorandum articles | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-05 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-07-04 | SH01 | capital | Capital allotment shares | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-27 | AA | accounts | Accounts with accounts type group | |
| 2023-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-23 | AA | accounts | Accounts with accounts type group | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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.