HAUGHTON TEXTILES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -16.3%

  £12,242,000 → £10,245,000

• Cash

  -13%

  £5,719,000 → £4,976,000

• Net assets

  +16.4%

  £10,190,000 → £11,861,000

  highest in 5 filed years

• Employees

  -24.5%

  98 → 74

• Operating profit

  +15.7%

  £3,065,000 → £3,545,000

• Profit before tax

  +20%

  £3,183,000 → £3,820,000

• Wages

  -15.1%

  £3,413,000 → £2,898,000

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

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.

1. HAUGHTON TEXTILES LIMITED 2014-11-28 → present
2. AT (NEWCO) LIMITED 2014-08-30 → 2014-11-28

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. HAUGHTON TEXTILES LIMITED · parent
   1. Allied Textiles Limited 100% · UK · Holding Company
   2. Allied Textile Companies Limited 100% · UK · Holding Company
   3. ATC Manufacturing Limited 100% · UK · Manufacturer and processor of textile products
   4. Mayfield Warping Inc 100% · Canada · Processor of synthetic yarns
   5. ATC Property Limited 100% · UK · Dormant
   6. BL 2002 Limited 100% · UK · Dormant

Significant events

• “A decision was taken in 2023 to focus the group's efforts and resources on its core automotive business and withdraw from other markets - this explains the majority of the reduction in turnover.”
• “our major automotive customer completed an evaluation of its future production requirements, resulting in them confirming that their UK weaving plant would close in 2025”
• “net exceptional income of £466,000 was achieved. Surplus assets were disposed of, generating a profit of £185,000. The final monies were also received from the sale of the weaving and coating business with royalty income of £49,000 being recognised. Finally, following the buy-out of the fixed cash benefits scheme and the serving of the necessary notices, the surplus in the scheme was returned to the group which generated income of £276,000.”
• “The Directors also revalued its property asset during the year to £4.1 million resulting in other comprehensive income of £2.6 million.”

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

Filings

9

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.