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Company No. 01332676 · Incorporated 4 Oct 1977

Asiatic Carpets Limited

Registered name: ASIATIC CARPETS LIMITED

Part of Asiatic Carpets Holdings Limited group

Asiatic Carpets Limited made £15.7m revenue and £1.8m profit in the year to 31 Mar 2025.

Asiatic Carpets Limited’s revenue fell 17% to £15.7m in the year to 31 Mar 2025, with £1.8m profit and 67 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in London; we hold 4 years of its filed accounts.

Status
Active
Location
London, London
Age
49 yrs · since 1977
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£15.7m
Growth ▼17.3%
Profit
£1.8m
Growth ▼29.3%
Profit margin
11.2%
Gross 47.5%
Employees
67
Change 0%
Profit / employee
£26.3k
Revenue/employee £234k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£24.5m£16.6m£19m£15.7m
Cost of sales£14.8m£8.6m£11m£8.2m
Gross profit£9.6m£8m£8m£7.5m
Operating profit£5.1m£2.7m£2.7m£1.8m
Profit before tax£358k£3m£2.9m£2m
Profit after tax−£201k£2.5m£2.5m£1.8m
Profit (best available)−£201k£2.5m£2.5m£1.8m
Staff costs£2.9m£2.7m£3.2m£3.4m
Employees (average)67676767
Ratios
Profit margin−0.8%15.2%13.1%11.2%
Gross margin39.4%48.2%42.2%47.5%
Revenue per employee£365k£248k£283k£234k
Profit per employee−£3k£37.7k£37.2k£26.3k
Cash conversion63.5%−97.9%10.3%−165.6%
Growth (year on year)
Revenue growth—▼32.2%▲14.3%▼17.3%
Profit growth——▼1.3%▼29.3%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£516k£1.6m£86k£133k
Net assets£8.8m£10m£11.1m£10.2m
Fixed assets£92.8k£48.4k£104k£78.2k
Current assets£11.5m£12.7m£15m£13.8m
Debtors£2.1m£2.1m£2.7m£1.4m
Deferred income£394k£522k£392k£261k
Cash from operations£3.2m−£2.7m£277k−£2.9m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
11.2%
Profit ÷ revenue.
Gross margin
47.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£234k
Revenue ÷ average employees.
Profit per employee
£26.3k
Profit ÷ average employees.
Cash conversion
−165.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼8%
Now £10.2m
Cash at bank
▲54%
Now £133k
Headcount
0%
Now 67
Deferred income
▼34%
Now £261k
Fixed assets
▼25%
Now £78.2k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Asiatic Carpets Holdings Limitedultimate parent75–100%
  2. Asiatic Carpets Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.8m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.