CENTRADO TRADING LIMITED
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Cash
£3.1M
-23.9% vs 2023
Net assets
£11M
-3.9% vs 2023
Employees
116
+4.5% highest in 6 filed years
Profit before tax
£3.6M
+15.9% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £25,716,034 | £27,484,334 | +6.9% | |
| Operating profit | — | — | — | — | £3,128,841 | £3,559,309 | +13.8% | |
| Profit before tax | — | £6,895,867 | £3,681,627 | £3,418,953 | £3,079,547 | £3,570,484 | +15.9% | |
| Net profit | £1,881,346 | £5,564,905 | £3,015,489 | £2,748,043 | £2,553,079 | £2,621,183 | +2.7% | |
| Cash | £1,669,073 | — | £1,292,572 | £3,945,742 | £4,021,296 | £3,059,674 | -23.9% | |
| Total assets less current liabilities | £5,123,008 | — | — | — | £12,119,214 | £11,633,376 | -4% | |
| Net assets | £4,976,597 | — | — | — | £11,200,699 | £10,764,057 | -3.9% | |
| Equity | £4,976,596 | £9,977,389 | £7,881,498 | £9,627,529 | £11,200,699 | £10,764,057 | -3.9% | |
| Average employees | 65 | 84 | 112 | 115 | 111 | 116 | +4.5% | |
| Wages | — | £2,310,436 | £2,878,625 | £3,376,100 | £3,595,582 | £4,048,229 | +12.6% | |
| Directors' remuneration | — | £84,889 | £90,002 | £80,514 | £79,632 | £73,325 | -7.9% |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 12.2% | 13.0% | |
| Net margin | — | — | — | — | 9.9% | 9.5% | |
| Return on capital employed | — | — | — | — | 25.8% | 30.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 26.8% | 29.5% | |
| Current ratio | — | — | — | — | 4.15x | 3.58x | |
| Interest cover | — | — | — | — | 53.09x | 58.19x |
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
- Standalone (parent only)
- Auditor
- Price Bailey LLP
- 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 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
- CENTRADO TRADING LIMITED · parent
- Wybenga Centrado GmbH 100%
Significant events
- “The Company completed the acquisition of two regional wholesalers during the year as part of its ongoing strategy to strengthen its position as the leading supplier of picture framing materials in the UK.”
- “Since the year end the Company has paid dividends of £975,658”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MIDDLETON, Andrew | Director | 2012-08-08 | Jul 1966 | British |
| MIDDLETON, Bradley | Director | 2012-08-08 | Feb 1990 | British |
| MIDDLETON, James Russell | Director | 2015-06-10 | Oct 1992 | British |
| MIDDLETON, William Paul | Director | 2016-05-10 | May 1994 | British |
| STANTON, Karl | Director | 2012-08-08 | Jan 1977 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STANTON, Clive | Director | 2012-08-08 | 2025-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Centrado Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-09 | Active |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-21 | CH01 | officers | Change person director company with change date | |
| 2023-07-03 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-20 | AA | accounts | Accounts with accounts type full | |
| 2022-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-03-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-09-30 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.