Carver International Limited
Registered name: CARVER INTERNATIONAL LIMITED
Part of Carver Group Limited groupCarver International Limited made £21.7m revenue and £3.8m profit in the year to 31 Dec 2025. read from filing text
Carver International Limited’s revenue grew 7% to £21.7m in the year to 31 Dec 2025, with £3.8m profit and 82 employees. The company is classified under “manufacture of non-domestic cooling and ventilation equipment” and is based in Walsall; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Walsall, West Midlands
- Age
- 82 yrs · since 1944
- 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. From the filing: “The”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £17.1m | £20.4m | £21.7m |
| Cost of sales | — | £8.9m | £11.1m | £11.5m |
| Gross profit | — | £8.2m | £9.3m | £10.2m |
| Operating profit | — | £3.8m | £4.7m | £5m |
| Profit before tax | — | £3.8m | £4.7m | £4.9m |
| Profit after tax | £783k | £3m | £3.5m | £3.8m |
| Profit (best available) | £783k | £3m | £3.5m | £3.8m |
| Staff costs | — | £3.3m | £3.7m | £4.2m |
| Employees (average) | 33 | 72 | 74 | 82 |
| Ratios | ||||
| Profit margin | — | 17.6% | 17.3% | 17.7% |
| Gross margin | — | 48.1% | 45.5% | 47.1% |
| Revenue per employee | — | £238k | £275k | £265k |
| Profit per employee | £23.7k | £41.9k | £47.7k | £46.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲18.8% | ▲6.6% |
| Profit growth | — | ▲285.7% | ▲16.8% | ▲8.9% |
| Headcount growth | — | ▲118.2% | ▲2.8% | ▲10.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.3m | £2.4m | £789k | £2.7m |
| Net assets | £5.5m | £5.6m | £3.5m | £6.1m |
| Fixed assets | £329k | £270k | £308k | £766k |
| Current assets | £15.8m | £8.8m | £6.9m | £9.8m |
| Debtors | £2.6m | £2.2m | £2.2m | £3.1m |
| Deferred income | — | £888k | £818k | £971k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 17.7%
- Profit ÷ revenue.
- Gross margin
- 47.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £265k
- Revenue ÷ average employees.
- Profit per employee
- £46.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.2%
- 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
- ▲75%
- Now £6.1m
- Cash at bank
- ▲241%
- Now £2.7m
- Headcount
- ▲11%
- Now 82
- Deferred income
- ▲19%
- Now £971k
- Fixed assets
- ▲149%
- Now £766k
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
- Carver Group Limitedultimate parent75–100%
- Carver Climate Systems Limited75–100%
- Carver International Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Biddle LimitedFigures not disclosed
- Warwick Dynamics LimitedFigures not disclosed
Sister companies (4)
- Powrmatic LimitedRev. £18.9m · Profit £2.1m
- Biddle Air Curtains LimitedFigures not disclosed
- Biddle Air Systems LimitedFigures not disclosed
- Thermoscreens LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Coolers & Condensers LimitedFareham · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £23.2m
- Profit
- £842k
- Staff
- 113
- Gilberts (Blackpool) LimitedLancashire · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £25.8m
- Profit
- £1.8m
- Staff
- 238
- Ves Andover LtdChandlers Ford Eastleigh · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £27.1m
- Profit
- £1.6m
- Staff
- 212
- Mansfield, Pollard & Co. LimitedBradford · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £27.9m
- Profit
- £4.1m
- Staff
- 155
- Erg (Air Pollution Control) LimitedSlinfold · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £16.7m
- Profit
- £924k
- Staff
- 104
- Halton Wales (Mei) LtdEbbw Vale · Manufacture of non-domestic cooling and ventilation equipment
- Revenue
- £16.6m
- Profit
- £2.5m
- Staff
- 76
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.8m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.