Penthouse Carpets Limited

Penthouse Carpets Ltd, based in Rochdale, Lancashire, is a well-established British carpet manufacturer with a strong presence in the market. Founded 52 years ago in 1972, the company has been operating for over half a century and currently employs 79 people. It holds assets worth £7,992,191 and boasts a real address, indicating a stable physical operation. With five directors and two owners, the company is managed by a dedicated leadership team. Penthouse Carpets operates an e-commerce site and maintains a 4.0-star Google rating based on 19 reviews, showcasing a positive customer perception. The company regularly imports man-made filaments and related materials, with 22 months of import activity recorded, the latest in January 2025.

The company’s website highlights its commitment to quality and British craftsmanship, offering a range of carpets and showcasing a “Shaun Loves Wool” campaign. It emphasizes the use of premium yarns and natural jute backing, and even has a section dedicated to the benefits of wool carpets – sustainable, efficient, and luxurious. The site also features a gallery of inspiration and a section for retailers, indicating a B2B component to their business.

Financially, Penthouse Carpets Ltd shows a mixed picture. While cash bank on hand increased significantly by 39% to £1.9 million, net assets increased by 4.9% to £10 million. However, profits decreased by 4.2% to £86,000. Staff costs remained stable at £2.9 million, and director remuneration slightly decreased to £290,000. Bank borrowings have increased, and creditors have also risen, suggesting a need for careful cash flow management. The company is classified as large, having met two out of three criteria for size – turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s financial statements were audited by BK Plus Audit Limited.

The decline in profits, despite increased assets, could be attributed to rising raw material costs or increased competition in the carpet market. It’s also worth noting that the company’s reliance on imports could make it vulnerable to supply chain disruptions. Overall, Penthouse Carpets Ltd appears to be a financially stable company with a strong brand reputation, but it faces challenges in maintaining profitability in a competitive market.

Registered in England/Wales under the registration number 01059087, with a registered address at OL12 9DU, Lancs, Buckley Carpet Mill, Buckley Rd, Rochdale.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.