TRADECHOICE DISTRIBUTION LIMITED
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Cash
£1.2m
-38.3% vs 2024
Net assets
£71k
-86.8% lowest in 3 filed years
Employees
381
+2.1% highest in 3 filed years
Profit before tax
-£2.4m
+56.3% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £116,926,000 | £122,059,000 | £133,591,000 | +9.4% | |
| Operating profit | -£96,000 | -£4,552,000 | -£1,463,000 | +67.9% | |
| Profit before tax | -£731,000 | -£5,442,000 | -£2,378,000 | +56.3% | |
| Net profit | -£1,931,000 | -£5,532,000 | -£1,810,000 | +67.3% | |
| Cash | £960,000 | £1,897,000 | £1,170,000 | -38.3% | |
| Total assets less current liabilities | £17,303,000 | £12,883,000 | £13,853,000 | +7.5% | |
| Net assets | £6,129,000 | £537,000 | £71,000 | -86.8% | |
| Equity | £6,129,000 | £537,000 | £71,000 | -86.8% | |
| Average employees | 358 | 373 | 381 | +2.1% | |
| Wages | £13,191,000 | £13,838,000 | £14,071,000 | +1.7% | |
| Directors' remuneration | £223,000 | £254,000 | £258,000 | +1.6% | |
| Directors' pension contributions | £17,000 | £18,000 | £29,000 | +61.1% | |
| Highest paid director | £223,000 | £254,000 | £131,000 | -48.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.1% | -3.7% | -1.1% | |
| Net margin | -1.7% | -4.5% | -1.4% | |
| Return on capital employed | -0.6% | -35.3% | -10.6% | |
| Gearing (liabilities / total assets) | 88.7% | 99.1% | 99.9% | |
| Current ratio | 0.87x | 0.71x | 0.75x | |
| Interest cover | -0.15x | -4.26x | -1.41x |
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 4 times since incorporation
- TRADECHOICE DISTRIBUTION LIMITED 2022-09-22 → present
- CARPET & FLOORING (TRADING) LIMITED 2017-02-17 → 2022-09-22
- CARPET AND FLOORING (TRADING) LIMITED 2017-02-16 → 2017-02-17
- CARPET AND FLOORING (MIDLANDS) LIMITED 2016-10-31 → 2017-02-16
- DONSLAND LIMITED 2016-10-27 → 2016-10-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue to operate for the foreseeable future.”
Group structure
- TRADECHOICE DISTRIBUTION LIMITED · parent
- Carpet & Flooring (Trading) Limited
Significant events
- “The Company was a parent company of T. & R. Floor Coverings Distributors Limited prior to the subsidiary applying for voluntary strike off on 20 October 2025, and is a wholly owned subsidiary of Nestware Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAKER, Stuart Christopher | Director | 2025-02-19 | Feb 1972 | British |
| BARRETT, Kevin Richard | Director | 2022-04-11 | Mar 1970 | British |
| YOUNGMAN, Harvey David | Director | 2025-01-21 | Jul 1980 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FONG, Sai Hup | Secretary | 2021-03-26 | 2021-10-28 |
| OBAYE, Lydia | Secretary | 2023-06-13 | 2024-05-29 |
| RAYNER, Zoe | Secretary | 2024-09-04 | 2025-04-30 |
| RAYNER, Zoe | Secretary | 2021-10-28 | 2023-06-13 |
| INDIGO CORPORATE SECRETARY LIMITED | Corporate Secretary | 2024-05-29 | 2024-07-30 |
| EATOCK, Matthew Joseph | Director | 2019-02-21 | 2020-04-17 |
| GOULBOURNE, Andrew | Director | 2017-02-28 | 2021-03-26 |
| JACKSON, Ian | Director | 2016-10-27 | 2017-02-28 |
| MONRO, Richard Charles | Director | 2016-10-27 | 2017-02-28 |
| ROBERTS, Jamie | Director | 2021-03-26 | 2022-07-29 |
| SCARBOROUGH, Justin Keith | Director | 2022-08-05 | 2024-11-15 |
| STIRLING-HOWE, Patrick | Director | 2022-04-11 | 2023-03-14 |
| TOMLIN, Lisa Jane | Director | 2017-02-28 | 2022-06-23 |
| WALSH, Wilfred Thomas | Director | 2021-03-26 | 2022-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nestware Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-26 | Active |
| Carpet & Flooring (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-02-28 | Ceased 2021-03-26 |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-18 | AA | accounts | Accounts with accounts type full | |
| 2024-09-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-12 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-06-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.