GREENWOOD & COOPE LIMITED
Trading primarily under the Cormar Carpets brand, the privately owned company manufactures and supplies carpets and rugs from its base in Greater Manchester.
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Cash
£20M
-19% vs 2024
Net assets
£47M
+3% highest in 3 filed years
Employees
345
+9.5% highest in 3 filed years
Profit before tax
£14M
+59.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-07-04.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £147,747,000 | £139,775,000 | £145,225,000 | +3.9% | |
| Operating profit | £5,401,000 | £11,021,000 | £10,399,000 | -5.6% | |
| Profit before tax | £5,985,000 | £8,547,000 | £13,626,000 | +59.4% | |
| Net profit | £4,903,000 | £6,662,000 | £10,300,000 | +54.6% | |
| Cash | £19,612,000 | £24,661,000 | £19,985,000 | -19% | |
| Total assets less current liabilities | £46,874,000 | £49,172,000 | £52,045,000 | +5.8% | |
| Net assets | £44,680,000 | £46,042,000 | £47,401,000 | +3% | |
| Equity | £44,680,000 | £46,042,000 | £47,401,000 | +3% | |
| Average employees | 324 | 315 | 345 | +9.5% | |
| Wages | £18,114,000 | £16,866,000 | £18,711,000 | +10.9% | |
| Directors' remuneration | £4,596,000 | £2,250,000 | £2,252,000 | +0.1% |
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 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 3.7% | 7.9% | 7.2% | |
| Net margin | 3.3% | 4.8% | 7.1% | |
| Return on capital employed | 11.5% | 22.4% | 20.0% | |
| Gearing (liabilities / total assets) | 32.7% | 42.9% | — | |
| Current ratio | 2.52x | 1.90x | 1.92x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- GREENWOOD & COOPE LIMITED · parent
- Tunstead Needlefelt Company Limited 100%
- Cormar (Exports) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTH, Iain Nelson | Secretary | 2023-09-04 | — | — |
| BARRATT, Paul | Director | 2024-04-15 | Apr 1978 | British |
| BOOTH, Iain Nelson | Director | 2023-09-04 | Jan 1972 | British |
| CORMACK, David Neville | Director | 1996-06-01 | Jul 1965 | British |
| CORMACK, John Robert | Director | 1999-01-14 | Nov 1958 | British |
| HURST, Jonathan | Director | 2020-01-27 | Aug 1959 | British |
| POLITO, Helen Winifred | Director | 1999-01-14 | Sep 1956 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Robert Michael | Secretary | 1998-05-14 | 2017-03-31 |
| GREENHALGH, Donald | Secretary | — | 1994-12-23 |
| HILL, Jonathan Charles | Secretary | 2017-06-29 | 2023-06-25 |
| JUDGE, David James | Secretary | 1994-12-23 | 1998-05-14 |
| BARBER, Thomas | Director | 2018-02-22 | 2023-10-18 |
| BARKER, Robert Michael | Director | 1995-10-01 | 2017-03-31 |
| CORMACK, Betty Winifred | Director | — | 2026-03-07 |
| CORMACK, Neville | Director | — | 2013-12-09 |
| EAGLES, Tim | Director | 2019-01-01 | 2021-08-02 |
| FORD, Ian Jonathon | Director | 2022-03-28 | 2024-04-15 |
| GREENHALGH, Donald | Director | — | 1994-12-23 |
| HILL, Jonathan Charles | Director | 2017-02-08 | 2023-06-25 |
| JUDGE, David James | Director | 1994-12-01 | 2018-12-31 |
| WALL, Catherine Alison | Director | 2016-02-03 | 2020-05-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-23 | AA | accounts | Accounts with accounts type full | |
| 2026-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-09-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-26 | AA | accounts | Accounts with accounts type full | |
| 2022-07-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-27 | AA | accounts | Accounts with accounts type full | |
| 2022-03-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-08-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.