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Cash

£0

USD 0

-100% vs 2023

Net assets

£6M

USD 7,680,005

-54.3% vs 2023

Employees

0

Average over period

Profit before tax

-£7M

USD -9,130,514

-80.7% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£1,489,931-£3,232,288
Profit before tax -£3,776,374-£6,825,532
Net profit -£3,776,374-£6,825,532
Cash £16£0
Total assets less current liabilities
Net assets £12,566,733£5,741,201
Equity £12,566,733£5,741,201
Average employees 00
Wages £0£0
Directors' remuneration £0£0

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2023-12-312024-12-31
Gearing (liabilities / total assets) 76.0%90.4%
Current ratio 0.02x0.01x
Interest cover -0.61x-0.90x

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
Dutch Civil Code Book 2 Title 9
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Audit opinion
Unaudited (audit-exempt)

Group structure

  1. COATS NORTHERN HOLDINGS B.V. · parent
    1. Coats Mexico S.A. de C.V. 100% · Mexico, DF, Mexico
    2. Coats South America Holdings B.V. 100% · United Kingdom
    3. Coats El Salvador S.A. de C.V. 99.95% · Santa Ana, El Salvador
    4. Coats Cadena Andina SA 5.45% · Colombia
    5. Coats Honduras SA 99.6% · Cortes, Honduras
    6. Coats de Nicaragua SA 99.6% · Managua, Republic de Nicaragua
    7. Coats de Guatemala SA 99.98% · Ciudad, Guatemala
    8. Distribuidora Coats de Guatemala SA 99.98% · Ciudad, Guatemala
    9. Guatemala Thread Company Sociedad Anonima 99.8% · Guatemala

Significant events

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
KERMALLI, Arif Director 2016-12-01 Jun 1972 British
KIDD, Nicholas James Director 2018-02-28 Oct 1977 British
SHAH, Kumar Shirish Director 2022-06-13 Dec 1974 British
SOAL, Jeffrey Stuart Bertram Director 2024-04-12 Jan 1974 British
Show 7 resigned officers
Name Role Appointed Resigned
BARLOW, Charles Frederick Director 2016-01-19 2018-02-28
GUNNINGHAM, James Douglas Director 2016-01-19 2024-04-12
HOWES, Richard David Director 2016-01-19 2016-04-06
READE, Richard Charles Director 2016-01-19 2017-03-14
STOCKWELL, Andrew James Director 2016-01-19 2019-09-27
THOMPSON, Claire Director 2019-09-27 2022-04-29
COATS INDUSTRIAL THREAD LIMITED Corporate Director 2016-01-19 2021-06-03

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 40 total filings

Date Type Category Description
2026-01-22 OSCH03 officers Change person director overseas company with change date
2026-01-22 OSCH03 officers Change person director overseas company with change date
2026-01-22 OSCH03 officers Change person director overseas company with change date
2026-01-22 OSCH03 officers Change person director overseas company with change date
2025-10-02 OSCH02 other Change company details overseas company with change details
2025-09-29 OSCH01 other Change company details by uk establishment overseas company with change details
2025-06-26 AA accounts Accounts with accounts type full
2024-08-20 AA accounts Accounts with accounts type full
2024-08-19 OSAP01 officers Appoint person director overseas company with name appointment date
2024-07-01 OSTM01 officers Termination person director overseas company with name termination date
2023-08-03 AA accounts Accounts with accounts type full
2023-05-25 OSCH02 other Change company details overseas company with change details
2022-10-12 OSCH01 other Change company details by uk establishment overseas company with change details
2022-09-29 AA accounts Accounts with accounts type full
2022-07-04 OSAP01 officers Appoint person director overseas company with name appointment date
2022-05-17 OSTM01 officers Termination person director overseas company with name termination date
2021-12-01 AA01 accounts Change account reference date company current extended
2021-10-07 OSCH02 other Change company details overseas company
2021-08-16 OSTM01 officers Termination person director overseas company with name termination date
2021-07-06 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page