Company Identification Details
|
Subject Reported on
|
CAVALIER CARPETS LIMITED
|
|
Registration Number
|
01028083
|
|
VAT Number
|
GB174331965
|
|
Address
|
THOMPSON ST
INDUSTRIAL ESTATE, BLACKBURN, LANCASHIRE, BB2 1TX.
|
|
Telephone
|
01254 268 000
|
|
Facsimile
|
01254 268 001
|
|
Web Address
|
www.cavaliercarpets.co.uk
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 85,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01028083
|
|
VAT Number
|
GB174331965
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
21/10/1971
|
|
Registered Office
|
BANK TOP MILL DIXON STREET, THOMPSON STREET IND ESTATE, BLACKBURN,
LANCASHIRE, BB2 1TX.
|
|
History
|
25/02/2010 : The
Registered Office address changed from THOMPSON INDUSTRIAL ESTATE,
BLACKBURN, LANCAS.
|
|
|
25/01/2002 : The
Registered Office address changed from THOMPSON INDUSTRIAL ESTATE,
BLACKBURN, LANCS.
|
|
Date of Last
Annual Return to Registry
|
29/12/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2010
|
|
Accounting
Reference Date
|
31/12
|
Operations
|
Activities
|
The manufacture and distribution of carpets.
|
|
Nace Code
|
1751
|
|
Premises
|
Owned,Warehouse,Offices,Factory
|
|
Staff Employed
|
208
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
NAT WEST BANK PLC
|
|
Address
|
BLACKBURN 35 KING WM ST.
|
|
Sort Code
|
010085
|
|
Auditors
|
Beever& Struthers
|
|
Branches
|
THOMPSON ST IND EST,
BLACKBURN, LANCASHIRE, BB2 1TX.
|
|
Subsidiaries
|
MEADSTONE HOLDINGS
LIMITED
|
|
|
TRADITIONAL WEAVERS
LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
04/01/2012
|
85,000
|
|
04/10/2011
|
85,000
|
|
04/07/2011
|
150,000
|
|
04/04/2011
|
150,000
|
|
04/01/2011
|
134,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
0
|
0
|
8
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
28/04/2011
|
Miscellaneous
|
|
13/04/2011
|
Miscellaneous
|
|
04/04/2011
|
Miscellaneous
|
|
04/04/2011
|
Miscellaneous
|
|
29/03/2011
|
Miscellaneous
|
|
04/03/2011
|
Miscellaneous
|
|
08/02/2011
|
Miscellaneous
|
|
04/01/2011
|
Miscellaneous
|
|
28/05/2010
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish
Decrees are recorded in our file.
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
14
|
|
Number Outstanding
|
11
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
3
|
|
|
|
|
Date of Latest Mortgage Created
|
08/01/2009
|
|
Date of Latest Satisfaction
|
18/06/1996
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
22/01/2009
|
08/01/2009
|
Legal Mortgage
|
395
|
SvenskaHandelsbankenAb
|
|
|
22/01/2009
|
08/01/2009
|
Legal Mortgage
|
395
|
SvenskaHandelsbankenAb
|
|
|
22/01/2009
|
08/01/2009
|
Legal Mortgage
|
395
|
SvenskaHandelbankenAb
|
|
|
09/08/2005
|
03/08/2005
|
Mortgage
|
395
|
Barclays Bank Plc
|
|
|
06/07/2005
|
05/07/2005
|
Debenture
|
395
|
SvenskaHandelsbankenAb (Publ)
|
|
|
20/12/2000
|
14/12/2000
|
Mortgage
|
395
|
Barclays Bank Plc
|
|
|
03/04/2000
|
30/03/2000
|
Legal Mortgage
|
395
|
National Westminster Bank Plc
|
|
18/06/1996
|
12/03/1991
|
01/03/1991
|
Debenture
|
N/A
|
Metro Group
|
|
|
13/04/1989
|
31/03/1989
|
Legal Mortgage
|
N/A
|
National Westminster Bank Plc
|
|
|
30/12/1988
|
20/12/1988
|
Mortgage Debenture
|
N/A
|
National Westminster Bank Plc
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
31/05/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
25/02/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
21/04/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
10/02/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
17/03/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
14/08/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
12/08/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
30/03/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
25/01/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
24/10/2001
|
Companies House Gazette
|
Change among directors of a company
|
|
05/01/2001
|
Companies House Gazette
|
Change among directors of a company
|
|
09/06/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
04/05/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
23/03/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
14/02/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
18/01/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
07/01/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
03/12/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
29/03/1996
|
Companies House Gazette
|
Change among directors of a company
|
|
14/04/1993
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
ANDREW JOHN TODD
|
|
Service Address
|
KIRK CROFT, BENTLEA ROAD GISBURN, CLITHEROE, LANCASHIRE, BB7 4EX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
15/07/1961
|
|
Appointment Date
|
10/06/2000
|
|
Other Directorships
|
KAMAR NORTHERN LIMITED
|
Directors
|
Operations Director
|
ANDREW JOHN PICKSTONE
|
|
Service Address
|
THORNFIELD 29 CHURCH LANE, MIRFIELD, WEST YORKSHIRE, WF14 9HX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
24/08/1951
|
|
Appointment Date
|
01/01/2006
|
|
Chairman
|
GERALD ANTHONY LOWE
|
|
Service Address
|
PALEWOOD HOUSE WHITEWELL ROAD, COWARK, CLITHEROE, LANCASHIRE, BB7
3DG.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
12/10/1945
|
|
Appointment Date
|
26/02/1993
|
|
Other Directorships
|
THE TALBOT AT CHIPPING LTD
|
|
Director
|
MRS AUDREY CHRISTINE LOWE
|
|
Service Address
|
PALEWOOD HOUSE WHITEWELL ROAD, COWARK, CLITHEROE, LANCASHIRE, BB7
3DG.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
21/02/1953
|
|
Appointment Date
|
26/02/1993
|
|
Accountant
|
ANDREW JOHN TODD
|
|
Service Address
|
KIRK CROFT, BENTLEA ROAD GISBURN, CLITHEROE, LANCASHIRE, BB7 4EX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
15/07/1961
|
|
Appointment Date
|
10/06/2000
|
|
Other Directorships
|
KAMAR NORTHERN LIMITED
|
|
Director
|
DONALD GILES
|
|
Service Address
|
12 LANCASTER DRIVE, CLITHEROE, LANCASHIRE, BB7 2PD.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
18/07/1951
|
|
Appointment Date
|
01/01/2001
|
|
Director
|
STEPHEN JOHN JOYCE
|
|
Service Address
|
70 WALSINGHAM STREET, WALSALL, WEST MIDLANDS, WS1 2JY.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
13/06/1959
|
|
Appointment Date
|
30/12/2001
|
|
Director
|
HAZEL WALKER
|
|
Service Address
|
WINSON, OLD DAWBERS LANE, EUXTON, LANCASHIRE, PR7 6EH.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/10/1955
|
|
Appointment Date
|
01/02/2004
|
|
Director
|
MR HANS ANTHONY LOWE
|
|
Service Address
|
BANK TOP MILL DIXON STREET, THOMPSON STREET IND ESTATE, BLACKBURN,
LANCASHIRE, BB2 1TX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
15/03/1969
|
|
Appointment Date
|
01/01/2011
|
|
Other Directorships
|
KI 1 LIMITED
|
|
Director
|
MR NATHAN SYMON LOWE
|
|
Service Address
|
HIGHER CROFT, GREENSIDE, RIBCHESTER, LANCASHIRE, PR3 3ZJ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
19/02/1978
|
|
Appointment Date
|
02/04/2007
|
Share Capital
|
Shares
|
Ordinary GBP 1.00 Each
|
|
Issued Number
|
5,000
|
|
Principal Shareholder
|
3,745 McCreery Lawson (Jersey) Ltd
|
|
|
1,255 G.A. Lowe
|
|
The above reflects the principle shareholder(s) by number of shares held,
irrespective of share classification type.
|
|
Holding Company
|
McCreery Lawson (Jersey) Ltd, a company incorporated in JERSEY
|
|
Ultimate Parent
|
MCCREERY LAWSON (JERSEY) LTD, a company incorporated in JERSEY
|
Financial Data– Statutory Accounts
Profit and Loss
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
27972
|
33572
|
39822
|
46129
|
|
UK sales
|
27043
|
32081
|
38536
|
44480
|
|
Export
|
929
|
1491
|
1286
|
1649
|
|
Wages and Salaries
|
3901
|
3804
|
4585
|
4887
|
|
Directors Emoluments
|
483
|
528
|
714
|
662
|
|
Auditors Fees
|
11
|
11
|
21
|
20
|
|
Non-Audit Fees
|
|
16
|
17
|
22
|
|
Trading Profit
|
(68)
|
172
|
(138)
|
1061
|
|
Depreciation
|
|
|
595
|
595
|
|
OPERATING PROFIT
|
(68)
|
172
|
(733)
|
466
|
|
Non Trading Income
|
|
13
|
1
|
|
|
Interest Payable
|
102
|
124
|
230
|
271
|
|
PRE TAX PROFIT
|
(170)
|
61
|
(962)
|
195
|
|
Taxation
|
(33)
|
102
|
(251)
|
(55)
|
|
PROFIT AFTER TAX
|
(137)
|
(41)
|
(711)
|
250
|
|
RETAINED PROFITS
|
(137)
|
(41)
|
(711)
|
250
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
3496
|
3285
|
4205
|
4486
|
|
Tangible Assets
|
3496
|
3285
|
4205
|
4486
|
|
Fixed Assets
|
3496
|
3285
|
4205
|
4486
|
|
TOTAL CURRENT ASSETS
|
8115
|
7622
|
10377
|
12100
|
|
Trade debtors
|
2858
|
3029
|
4806
|
5975
|
|
Stocks
|
4952
|
4330
|
5223
|
5806
|
|
Other Current Assets
|
305
|
263
|
348
|
319
|
|
Misc Current Assets
|
231
|
210
|
319
|
198
|
|
Cash
|
74
|
53
|
29
|
121
|
|
TOTAL ASSETS
|
11611
|
10907
|
14582
|
16586
|
|
TOTAL CURRENT LIABILITIES
|
6173
|
5115
|
8167
|
9240
|
|
Trade
creditors
|
3063
|
3484
|
4636
|
5527
|
|
Short Term Loans
|
2055
|
852
|
2821
|
2764
|
|
Bank Overdraft
|
1896
|
387
|
2411
|
2102
|
|
Bank Loans
|
|
315
|
152
|
150
|
|
Other Finance
|
159
|
67
|
130
|
132
|
|
Due To Directors
|
|
83
|
128
|
380
|
|
Other Liabilities
|
1055
|
779
|
710
|
949
|
|
WORKING CAPITAL
|
1942
|
2507
|
2210
|
2860
|
|
TOTAL LONG TERM LIABS
|
1534
|
1748
|
2314
|
2572
|
|
Long Term Loans
|
1459
|
1649
|
2230
|
2362
|
|
Bank Loans
|
300
|
600
|
1115
|
1266
|
|
Other Finance
|
1159
|
1049
|
1115
|
1096
|
|
Other Liabilities
|
75
|
99
|
84
|
210
|
|
NET ASSETS/(LIABILITIES)
|
3904
|
4044
|
4101
|
4774
|
|
SHARE CAPITAL + RESERVES
|
3904
|
4044
|
4101
|
4774
|
|
Share Cap + Sundry Res
|
283
|
286
|
302
|
263
|
|
Issued Share Capital
|
5
|
5
|
5
|
5
|
|
Sundry Reserves
|
278
|
281
|
297
|
258
|
|
Revaluation Reserves
|
693
|
703
|
713
|
732
|
|
Profit and Loss account
|
2928
|
3055
|
3086
|
3779
|
|
SHAREHOLDERS FUNDS
|
3904
|
4044
|
4101
|
4774
|
|
CAPITAL EMPLOYED
|
5438
|
5792
|
6415
|
7346
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
(294)
|
1988
|
458
|
554
|
|
Increase in Cash
|
(1189)
|
2048
|
(401)
|
(333)
|
|
Directors Remuneration
|
483
|
528
|
714
|
662
|
|
Auditors Remuneration
|
11
|
11
|
21
|
20
|
|
Liquid Assets
|
2932
|
3082
|
4835
|
6096
|
|
Net Working Capital
|
1942
|
2507
|
2210
|
2860
|
|
Long Term Debt(>12 Months)
|
1459
|
1649
|
2230
|
2362
|
|
Other Deferred Liabs
|
75
|
99
|
84
|
210
|
|
Tangible Net Worth(T.N.W)
|
3904
|
4044
|
4101
|
4774
|
|
Equity
|
3904
|
4044
|
4101
|
4774
|
|
Number of Years Trading
|
39
|
38
|
37
|
36
|
|
Number of Employees
|
208
|
203
|
236
|
276
|
|
Profit per Employee
|
(817.3)
|
300.5
|
(4076.3)
|
706.5
|
|
Sales per Employee
|
134480.8
|
165379.3
|
168737.3
|
167134.1
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Current Ratio
|
1.3
|
1.5
|
1.3
|
1.3
|
|
Long Term Debt/T.N.W
|
0.4
|
0.4
|
0.5
|
0.5
|
|
Pre Tax Profit Margin%
|
(0.6)
|
0.2
|
(2.4)
|
0.4
|
|
Debtors Days (D.S.O)
|
37
|
33
|
44
|
47
|
|
Creditors Days (D.P.O)
|
40
|
38
|
42
|
44
|
|
Quick Ratio
|
0.5
|
0.6
|
0.6
|
0.7
|
|
Return on Investment%
|
(0.9)
|
2.8
|
(7.9)
|
4.6
|
|
Return on Assets%
|
(1.5)
|
0.6
|
(6.6)
|
1.2
|
|
T.N.W/Total Assets%
|
33.6
|
37.1
|
28.1
|
28.8
|
|
Return on Capital%
|
(3.1)
|
1.1
|
(15)
|
2.7
|
|
Rtn on ShareholdersFunds%
|
(4.4)
|
1.5
|
(23.5)
|
4.1
|
|
Working Capital/Sales%
|
6.9
|
7.5
|
5.5
|
6.2
|
|
Borrowing Ratio%
|
90
|
61.8
|
123.2
|
107.4
|
|
Equity Gearing%
|
50.7
|
58.9
|
39.1
|
40.4
|
|
Stock Turnover
|
5.6
|
7.8
|
7.6
|
7.9
|
|
Sales/Fixed Assets
|
8
|
10.2
|
9.5
|
10.3
|
|
Debt Gearing
|
37.4
|
40.8
|
54.4
|
49.5
|
Key Industry Sector Trends
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
249
|
852
|
833
|
825
|
|
Pre-Tax Profit Margin
|
3.8
|
3.7
|
1.9
|
3.3
|
|
Current Ratio
|
1.6
|
1.5
|
1.5
|
1.4
|
|
Borrowing Ratio
|
36.3
|
41.9
|
53.8
|
48.2
|
|
Return on Capital
|
22.7
|
19.6
|
21.9
|
27.2
|
|
Creditors Days
|
74
|
55
|
45
|
50
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of other textiles
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the accounts for the period ended
31/12/2010.
|
|
Turnover
|
|
Turnover decreased by more than 10 % in
the year and totalled GBP 27,972,000 for the period.
|
|
Operating Loss
|
|
Totalled GBP 68,000. In the year prior a
Profit of GBP 172,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject made a loss of GBP 170,000
in the period compared with a profit of GBP 61,000 in the previous period.
|
|
Working Capital
|
|
The company's working capital, while
remaining positive, decreased by 23 % in the period.
|
|
Net Worth
|
|
Net worth reduced by GBP 140,000 during
the period and now stands at GBP 3,904,000.
|
|
Fixed Assets
|
|
The subject's fixed assets increased during
the year by GBP 211,000 to GBP 3,496,000 and are now 30 % of total assets
compared with 30 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities reduced
during the period by 12 % and are now 39 % of net worth compared with 43 %
in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 13 % of
total liabilities compared with 16 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 28 % of
capital employed, a decrease of 2 % over the previous period.
|
|
