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Company Details

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Company Name VALLEY WHOLESALE CARPETS LIMITED
Registered Number 01652883
Registered Office C/O LIKEWISE GROUP PLC
UNIT 4 RADIAL PARK
RADIAL WAY
SOLIHULL
BIRMINGHAM
B37 7WN
 
Trading Address c/o Likewise Group Plc
Unit 4 Radial Park
Radial Way
Solihull
Birmingham B37 7WN
B37 7WN
 
Website Address https://www.likewiseplc.com
Telephone 01322349535
Incorporation Date 21 Jul 1982
Company Status Active
Company Type Private limited with Share Capital
Accounts Filing Date 13 Dec 2021
Staff Employed 134 (2021)
Principal Activity Buying, cutting and packaging of carpets for resale.
Other Activities Wholesale of other household goods - SIC03 code 5147
Wholesale of furniture, carpets and lighting equipment - SIC07 code 46470
Other Key Dates Date of Last Annual Return to Registry:
  Accounting Reference Date: 30 Sep 2021

Risk Summary

Credit Rating & Credit Limit Checkaco Credit ratings are given in conjunction with a credit guide figure and are a summary opinion on the risk level (i.e. risk of default) associated with your enquiry subject:- A = Very low risk, B = Low risk, C = Moderate risk, D = High risk, E = No rating - could be set because the company is passive (i.e. not filing accounts). See guide for more info.
* Local credit score, as used by the supplier in the UK, ranging from 1 to 100.
** Augur Score is an empirically-derived commercial credit score ranging from 0 to 600. Predicts the likelihood of business failure within the next 12 months.
Most Recent Rating A Provider Score * 95 Augur Score ** 600 Monthly Limit £1,900,000.00 Contract Limit £12,000,000.00
The credit limit is calculated using a formula that analyses information from a company's financial accounts and payment record. The credit limit is a recommendation of the total amount of credit that should be outstanding at any one time.

Public Info - County Court Judgments, Scottish Decrees etc

Summary of CCJ's/Scottish Decrees - In England and Wales, county court judgements are legal decisions handed down by county courts. Judgements for monetary sums are entered on the Register of County Court Judgments. If a company settles a CCJ within 30 days, the Registry Trust strikes it off and the record will no longer be visible.
Mortgages / Charges More details from Companies House
Other Filings - Companies House Time-Critical Documents
Event Date
Confirmation Statement 18 Mar 2023
Change of Company Postcode 02 Nov 2022
Change in Reg.Office 02 Nov 2022
Confirmation Statement 04 Mar 2022
Change of Company Postcode 25 Jan 2022
Change in Reg.Office 25 Jan 2022
Ms K. Mitchell has resigned as company secretary 25 Jan 2022
Ms K. Mitchell has left the board 25 Jan 2022
Mr S. Mitchell has left the board 25 Jan 2022
New Company Secretary Mr R. Povey appointed 25 Jan 2022
More
Xseption (recorded when unusual patterns of behaviour or financial results have been identified)
None Recorded

Group Structure


Ultimate Parent
Name LIKEWISE GROUP PLC
Address UNIT 4 RADIAL PARK, RADIAL WAY, BIRMINGHAM BUSINESS PARK, SOLIHULL, BIRMINGHAM, B37 7WN
Registration Id 08010067
 

Parent
Name VALLEY WHOLESALE CARPETS (2004) LIMITED
Address C/O LIKEWISE GROUP PLC, UNIT 4 RADIAL PARK, RADIAL WAY, SOLIHULL, BIRMINGHAM, B37 7WN
Registration Id 05063881
 

Known Directors

Name Mr Anthony John Brewer
Address C/o Likewise Group Plc Unit 4 Radial Park, Radial, Birmingham Business Park, Solihull, Birmingham, B37 7WN
Date of Appointment (appointed 14 Jan 2022)
Other Directorships
  VALLEY WHOLESALE CARPETS (2004) LIMITED (05063881 - Active - Accounts Filed)
  DELTA CARPETS LTD. (01527023 - Active - Accounts Filed)
  DELTA CARPETS (HOLDINGS) LIMITED (03834979 - Active - Accounts Filed)
  LIKEWISE FLOORS LIMITED (03220392 - Active - Accounts Filed)
  AJ BREWER ASSOCIATES LIMITED (10530745 - Active - Accounts Filed)
  LIKEWISE LIMITED (13671160 - Non trading)
  LEWIS ABBOTT LIMITED (00401327 - Non trading)
  FACTORY FLOORING OUTLET LTD (11189053 - Non trading)
 
Name Mr Roy Povey
Address C/o Likewise Group Plc Unit 4 Radial Park, Radial, Birmingham Business Park, Solihull, Birmingham, B37 7WN
Date of Appointment (appointed 14 Jan 2022)
Other Directorships
  WILLIAM ARMES HOLDINGS LIMITED (06967132 - Active - Accounts Filed)
  DELTA CARPETS (HOLDINGS) LIMITED (03834979 - Active - Accounts Filed)
  DELTA CARPETS LTD. (01527023 - Active - Accounts Filed)
  VALLEY WHOLESALE CARPETS (2004) LIMITED (05063881 - Active - Accounts Filed)
  LIKEWISE TRADING LIMITED (11457284 - Company not trading)
  LIKEWISE LIMITED (13671160 - Non trading)
  WILLIAM ARMES LIMITED (00088075 - Non trading)
 
Name Mr Tony Judge
Address C/o Likewise Group Plc Unit 4 Radial Park, Radial, Birmingham Business Park, Solihull, Birmingham, B37 7WN
Date of Appointment (appointed 14 Jan 2022)
Other Directorships
  DELTA CARPETS (HOLDINGS) LIMITED (03834979 - Active - Accounts Filed)
  DELTA CARPETS LTD. (01527023 - Active - Accounts Filed)
  VALLEY WHOLESALE CARPETS (2004) LIMITED (05063881 - Active - Accounts Filed)
 
Company Secretary
Name Mr Roy Povey
Address C/o Likewise Group Plc Unit 4 Radial Park, Radial, Birmingham Business Park, Solihull, Birmingham, B37 7WN
Date of Appointment 14 Jan 2022
 

Share Capital

Shares ORDINARY
Shareholder VALLEY WHOLESALE CARPETS (2004) LTD
Issued Number 100
Date Latest Accounts 30 Sep 2021
Auditor / Accountant R E JONES & CO
Bankers BARCLAYS BANK PLC

Payment Behaviour

Financial Data – Statutory Accounts

Profit and Loss
Accounts Date30 Sep 202130 Sep 202030 Sep 201930 Sep 201830 Sep 2017
ConsolidatedNoNoNoNoNo
CurrencyGBPGBPGBPGBPGBP
Turnover47,286,51535,887,67636,717,51734,083,73431,564,567
Exports0.00.00.00.00.0
Cost of Sales34,867,40827,091,28527,383,73926,074,67022,978,622
Gross Profit12,419,1078,796,3919,333,7788,009,0648,585,945
Depreciation410,223464,586496,183471,979380,510
Audit Fees14,00012,00011,95011,70011,140
Wages and Salaries5,472,2385,196,2425,018,3884,654,0674,223,393
Directors Remuneration436,356613,856588,809540,501520,089
Operating Profit5,309,9422,568,3002,688,2932,021,5662,180,125
Interest Expense0.05,5570.00.00.0
Profit Before Tax5,312,6732,562,7442,688,9122,021,5662,184,469
Taxation-982,108-379,695-505,047-379,797-413,038
Profit After Tax4,330,5652,183,0492,183,8651,641,7691,771,431
Dividends2,800,0000.0200,0000.00.0
Retained Profit1,530,5652,183,0491,983,8651,641,7691,771,431
Balance Sheet
Tangible Assets9,922,30510,056,07510,381,1937,811,6407,309,997
Intangible Assets0.00.00.00.00.0
Total Fixed Assets9,922,30510,056,07510,381,1937,811,6407,309,997
Stock3,758,9963,146,3793,142,6913,137,7452,157,199
Trade Debtors1,540,9461,766,4931,569,4641,549,5761,428,270
Other Debtors653,572146,5100.00.0161,615
Cash10,802,12110,775,0878,016,1398,973,0338,633,217
Misc Current Assets0.00.00.00.00.0
Total Current Assets16,755,63515,834,46912,728,29413,660,35412,380,301
Total Assets26,677,94025,890,54423,109,48721,471,99419,690,298
Trade Creditors1,131,752904,647684,655957,497960,154
Bank Borrowings Current0.00.00.00.00.0
Other Short Term Finance2,4942,2332,0281,8491,670
Misc Current Liabilities815,3971,791,8871,420,6861,555,5311,409,138
Total Current Liabilities1,949,6432,698,7672,107,3692,514,8772,370,962
Other Long Term Finance0.00.00.00.00.0
Total Long Term Liabilities176,448170,493163,883102,747106,735
Total Liabilities2,126,0912,869,2602,271,2522,617,6242,477,697
Net Assets24,551,84923,021,28420,838,23518,854,37017,212,601
Issued Share Capital100100100100100
Revaluation Reserve0.00.00.00.00.0
Revenue Reserves24,551,74923,021,18420,838,13518,854,27017,212,501
Other Reserves0.00.00.00.00.0
Total Shareholders Equity24,551,84923,021,28420,838,23518,854,37017,212,601
Financial Summary
Year20212020201920182017
CurrencyGBPGBPGBPGBPGBP
Income Statement
Net Cash Flow From Operations3,756,4943,026,3532,769,3341,780,4412,945,896
Net Cash Flow Before Financing26,7732,244,315-957,073339,637561,715
Net Cash Flow From Financing261514,633179179184
Increase In Cash27,0342,758,948-956,894339,816561,899
Balance
Contingent Liabilities0.00.00.00.00.0
Bank Overdraft and L T L176,448170,493163,883102,747106,735
Working Capital14,805,99213,135,70210,620,92511,145,47710,009,339
Capital Employed24,728,29723,191,77721,002,11818,957,11717,319,336
Net Worth24,551,84923,021,28420,838,23518,854,37017,212,601
Financial Ratios
Pre Tax Profit Margin11.27.17.35.96.9
Return on Capital Employed21.511.112.810.712.6
Return on Total Assets Employed19.99.911.69.411.1
Return on Net Assets Employed21.611.112.910.712.7
Sales Or Net Working Capital3.22.73.53.13.1
Stock Turnover Ratio7.98.88.69.26.8
Debtor Days11.917.915.616.516.5
Creditor Days8.79.26.810.211.1
Current Ratio8.65.965.45.2
Liquidity Ratio Or Acid Test6.74.74.54.24.3
Current Debt Ratio0.10.10.10.10.1
Gearing0.70.70.80.50.6
Equity In Percentage9288.990.287.887.4
Total Debt Ratio0.10.10.10.10.1


  Report created on 07 Aug 2023 at 10:17