MILLIKEN INDUSTRIALS LIMITED
Operating as the UK manufacturing subsidiary of the American materials science group Milliken & Company, the business specialises in the production of woven and tufted carpets, rugs, and high-performance textiles.
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Cash
£9.6m
+158.1% highest in 3 filed years
Net assets
£33m
+6.9% highest in 3 filed years
Employees
395
-3.4% lowest in 3 filed years
Profit before tax
£3.3m
+116.1% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2023-12-03 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £119,877,000 | £104,345,000 | £102,790,000 | -1.5% | |
| Operating profit | £6,420,000 | £1,447,000 | £3,156,000 | +118.1% | |
| Profit before tax | £6,873,000 | £1,520,000 | £3,285,000 | +116.1% | |
| Net profit | £4,909,000 | £856,000 | £1,592,000 | +86% | |
| Cash | £4,706,000 | £3,706,000 | £9,564,000 | +158.1% | |
| Total assets less current liabilities | £33,809,000 | £33,437,000 | £39,418,000 | +17.9% | |
| Net assets | £31,666,000 | £30,851,000 | £32,988,000 | +6.9% | |
| Equity | £31,666,000 | £30,851,000 | £32,988,000 | +6.9% | |
| Average employees | 440 | 409 | 395 | -3.4% | |
| Wages | £18,376,000 | £20,954,000 | £21,584,000 | +3% | |
| Directors' remuneration | £374,000 | £577,000 | £464,000 | -19.6% |
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 | 2023-12-03 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Operating margin | 5.4% | 1.4% | 3.1% | |
| Net margin | 4.1% | 0.8% | 1.5% | |
| Return on capital employed | 19.0% | 4.3% | 8.0% | |
| Gearing (liabilities / total assets) | — | 28.6% | 32.9% | |
| Current ratio | 2.55x | 2.84x | 3.58x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of not less than twelve months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.”
Significant events
- “During the year, the Company decided to close its airbag manufacturing facility in Bury, UK, following the loss of a major customer. In January 2026, the Company engaged a commercial estate agent to support the marketing and sale of the related land and buildings. As at the date of approval of these financial statements, this process remains ongoing.”
- “Production at the site ceased in April 2026, at which point the disposal of assets commenced. Exceptional costs of £3,620,000 were recognised in 2025 in relation to the closure of the facility.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROTTY, John Denis | Secretary | 2022-07-01 | — | — |
| COOK, Halsey | Director | 2019-01-28 | Nov 1962 | American |
| CROTTY, John Denis | Director | 2022-07-01 | Mar 1971 | British |
| SMART, David | Director | 2019-08-27 | Sep 1966 | American |
| WARING, Catherine | Director | 2025-06-13 | Jan 1971 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANKS, Peter | Secretary | — | 2003-07-13 |
| HAWORTH, Martin John | Secretary | 2005-09-15 | 2022-07-01 |
| WOODWORTH, Marshall | Secretary | 2003-04-29 | 2005-09-15 |
| ALLEN, G Ashley, Doctor | Director | 2003-07-13 | 2008-04-30 |
| BANKS, Peter | Director | — | 2003-07-13 |
| BENNETT, Mark Robert | Director | 2006-11-30 | 2010-03-25 |
| GRAHAM, Jeremy Samuel | Director | 2010-03-25 | 2025-06-13 |
| GRIZZLE, Russell Gary | Director | 2005-09-15 | 2010-02-26 |
| HAWORTH, Martin John | Director | 2005-09-15 | 2022-07-01 |
| HESS, Werner Klaus | Director | 1995-11-30 | 2006-04-30 |
| HUNTER, Easton Wayne | Director | 1996-09-04 | 2003-11-30 |
| JEANES, Clive Frederick | Director | — | 1995-11-30 |
| MALONE, Thomas J, Doctor | Director | — | 2004-08-31 |
| MCNULTY, James John | Director | 2008-05-01 | 2019-07-29 |
| MEJIA, Ricardo | Director | 2013-03-20 | 2015-07-17 |
| MILLIKEN, Minot King | Director | — | 1996-09-04 |
| MILLIKEN, Roger | Director | — | 2010-12-30 |
| MOODY, David | Director | 2005-09-15 | 2006-06-13 |
| MOODY II, David Jesse, Dr | Director | 2010-03-25 | 2014-04-02 |
| SALLEY, Joseph Murdock, Dr | Director | 2006-06-13 | 2016-10-17 |
| SALLEY, Joseph Murdock, Dr | Director | 2005-02-24 | 2005-09-15 |
| WOODWORTH, Marshall | Director | 2003-04-29 | 2005-09-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 204 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type full | |
| 2022-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-04-14 | AA | accounts | Accounts with accounts type full | |
| 2021-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-09 | AA | accounts | Accounts with accounts type full | |
| 2020-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.