Asiatic Carpets Limited
Registered name: ASIATIC CARPETS LIMITED
Part of Asiatic Carpets Holdings Limited groupAsiatic 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 67 | 67 | 67 | 67 |
| Ratios | ||||
| Profit margin | −0.8% | 15.2% | 13.1% | 11.2% |
| Gross margin | 39.4% | 48.2% | 42.2% | 47.5% |
| Revenue per employee | £365k | £248k | £283k | £234k |
| Profit per employee | −£3k | £37.7k | £37.2k | £26.3k |
| Cash conversion | 63.5% | −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 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
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.
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.
Group structure
Ownership chain
- Asiatic Carpets Holdings Limitedultimate parent75–100%
- Asiatic Carpets Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Neasden Studios LimitedFigures not disclosed
Sister companies (3)
- Neasden London Studios LtdRev. £0 · Profit £0
- Asiatic Carpets (Greenwood Place) LimitedFigures not disclosed
- Asiatic Hali UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.