DECORA BLIND SYSTEMS LIMITED
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Cash
£7.7m
-19.3% vs 2023
Net assets
£37m
+8.7% vs 2023
Employees
859
-0.9% vs 2023
Profit before tax
£8.8m
-12.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £103,346,560 | £96,904,139 | -6.2% | |
| Operating profit | £9,426,222 | £8,176,597 | -13.3% | |
| Profit before tax | £10,037,432 | £8,753,094 | -12.8% | |
| Net profit | £8,121,715 | £8,234,815 | +1.4% | |
| Cash | £9,585,772 | £7,731,164 | -19.3% | |
| Total assets less current liabilities | £35,136,478 | £38,358,559 | +9.2% | |
| Net assets | £34,318,782 | £37,307,045 | +8.7% | |
| Equity | £34,318,782 | £37,307,045 | +8.7% | |
| Average employees | 867 | 859 | -0.9% | |
| Wages | £22,859,345 | £21,435,756 | -6.2% | |
| Directors' remuneration | £984,664 | £809,564 | -17.8% |
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 |
|---|---|---|---|
| Operating margin | 9.1% | 8.4% | |
| Net margin | 7.9% | 8.5% | |
| Return on capital employed | 26.8% | 21.3% | |
| Current ratio | 2.82x | 2.81x |
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 2 times since incorporation
- DECORA BLIND SYSTEMS LIMITED 2000-01-01 → present
- DISCOUNT BLINDS LIMITED 1999-11-18 → 2000-01-01
- DECORA WINDOW BLINDS LIMITED 1980-07-30 → 1999-11-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit 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
- DECORA BLIND SYSTEMS LIMITED · parent
- Alternative Project Ltd 90%
Significant events
- “There continues to be major challenges for Decora's supply chain around the world and this has had a knock-on effect on both UK and European markets.”
- “The company has received financial assistance from Invest Northern Ireland. There exists a contingent liability to repay all of the financial assistance received under this agreement if a default occurs under the terms and conditions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRZYMEK, Oliver | Secretary | 2022-05-04 | — | — |
| BINGHAM, Andrew Samuel | Director | 2026-02-11 | Aug 1989 | British |
| GRZYMEK, Oliver | Director | 2025-08-01 | Mar 1988 | Irish |
| MCCLUGGAGE, Jonathan Dc | Director | 2018-06-19 | Jun 1980 | British |
| ZIMMATORE, Arron James | Director | 2026-02-11 | May 1982 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENVIR, Patricia | Secretary | 1980-07-30 | 2006-07-14 |
| LINDER, Markus Heinz, Mr. | Secretary | 2006-07-14 | 2011-02-04 |
| MCCLUGGAGE, Jonathan David Campbell | Secretary | 2011-09-26 | 2022-05-03 |
| DENVIR, Patricia Mary Judith | Director | 2003-12-24 | 2006-07-14 |
| DICKSON, Lynda Margaret, Mrs. | Director | 1980-07-30 | 2026-01-20 |
| DICKSON, Russell Cameron | Director | 2004-04-02 | 2026-01-20 |
| DICKSON, Stuart Michael | Director | 2004-04-02 | 2025-12-24 |
| DICKSON, William Michael | Director | 1980-07-30 | 2026-01-20 |
| ENGLISH, Gary Alexander | Director | 2008-02-01 | 2010-09-30 |
| LINDER, Markus Heinz, Mr. | Director | 2008-02-01 | 2011-02-04 |
| SPEER, James Alistair David | Director | 2008-02-01 | 2026-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mzuri Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Appoints directors (as trust), Appoints directors (as firm) | 2019-01-01 | Active |
| Mr Michael Dickson | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-01-01 |
Filing timeline
Last 20 of 161 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-28 MA Memorandum articles
- 2024-12-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MA | incorporation | Memorandum articles | |
| 2024-12-23 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-09-12 | CH03 | officers | Change person secretary company with change date | |
| 2023-08-08 | CH03 | officers | Change person secretary company with change date | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 5
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.