decora blind systems limited Company Information
Company Number
NI014427
Next Accounts
Sep 2025
Shareholders
mzuri holdings ltd
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
1 ferguson drive, lisburn, northern ireland, BT28 2FL
Website
www.decora.co.ukdecora blind systems limited Estimated Valuation
Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £138.8m based on a Turnover of £103.3m and 1.34x industry multiple (adjusted for size and gross margin).
decora blind systems limited Estimated Valuation
Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £96.1m based on an EBITDA of £10.7m and a 9x industry multiple (adjusted for size and gross margin).
decora blind systems limited Estimated Valuation
Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £73.5m based on Net Assets of £34.3m and 2.14x industry multiple (adjusted for liquidity).
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Decora Blind Systems Limited Overview
Decora Blind Systems Limited is a live company located in northern ireland, BT28 2FL with a Companies House number of NI014427. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 1980, it's largest shareholder is mzuri holdings ltd with a 100% stake. Decora Blind Systems Limited is a mature, mega sized company, Pomanda has estimated its turnover at £103.3m with healthy growth in recent years.
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Decora Blind Systems Limited Health Check
Pomanda's financial health check has awarded Decora Blind Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs


7 Strong

3 Regular

2 Weak

Size
annual sales of £103.3m, make it larger than the average company (£14.1m)
£103.3m - Decora Blind Systems Limited
£14.1m - Industry AVG

Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.3%)
5% - Decora Blind Systems Limited
6.3% - Industry AVG

Production
with a gross margin of 25.2%, this company has a comparable cost of product (30.2%)
25.2% - Decora Blind Systems Limited
30.2% - Industry AVG

Profitability
an operating margin of 9.1% make it more profitable than the average company (6.4%)
9.1% - Decora Blind Systems Limited
6.4% - Industry AVG

Employees
with 867 employees, this is above the industry average (70)
867 - Decora Blind Systems Limited
70 - Industry AVG

Pay Structure
on an average salary of £29.2k, the company has a lower pay structure (£42.9k)
£29.2k - Decora Blind Systems Limited
£42.9k - Industry AVG

Efficiency
resulting in sales per employee of £119.2k, this is less efficient (£185.7k)
£119.2k - Decora Blind Systems Limited
£185.7k - Industry AVG

Debtor Days
it gets paid by customers after 30 days, this is earlier than average (53 days)
30 days - Decora Blind Systems Limited
53 days - Industry AVG

Creditor Days
its suppliers are paid after 18 days, this is quicker than average (40 days)
18 days - Decora Blind Systems Limited
40 days - Industry AVG

Stock Days
it holds stock equivalent to 64 days, this is in line with average (68 days)
64 days - Decora Blind Systems Limited
68 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (12 weeks)
32 weeks - Decora Blind Systems Limited
12 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (47.7%)
32.2% - Decora Blind Systems Limited
47.7% - Industry AVG
DECORA BLIND SYSTEMS LIMITED financials

Decora Blind Systems Limited's latest turnover from December 2023 is £103.3 million and the company has net assets of £34.3 million. According to their latest financial statements, Decora Blind Systems Limited has 867 employees and maintains cash reserves of £9.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 103,346,560 | 105,035,118 | 117,193,630 | 88,180,678 | 72,727,704 | 69,638,740 | 58,826,558 | 46,756,109 | 39,159,905 | 32,481,834 | 29,669,527 | 27,134,583 | 23,169,623 | 16,852,638 | |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 77,352,411 | 83,028,121 | 91,554,489 | 69,462,930 | 50,510,751 | 49,577,604 | 41,335,144 | 32,895,912 | 26,773,187 | 22,373,484 | 21,331,346 | 19,163,689 | 15,251,084 | 10,427,795 | |
Gross Profit | 25,994,149 | 22,006,997 | 25,639,141 | 18,717,748 | 22,216,953 | 20,061,136 | 17,491,414 | 13,860,197 | 12,386,718 | 10,108,350 | 8,338,181 | 7,970,894 | 7,918,539 | 6,424,843 | |
Admin Expenses | 16,567,927 | 15,987,059 | 15,581,624 | 10,570,593 | 18,134,465 | 14,602,631 | 13,498,108 | 10,442,845 | 8,937,488 | 7,717,960 | 6,831,404 | 6,407,691 | 6,847,497 | 5,699,291 | |
Operating Profit | 9,426,222 | 6,019,938 | 10,057,517 | 8,147,155 | 4,082,488 | 5,458,505 | 3,993,306 | 3,417,352 | 3,449,230 | 2,390,390 | 1,506,777 | 1,563,203 | 1,071,042 | 725,552 | |
Interest Payable | 6,463 | 7,570 | 18,934 | 15,312 | 29,893 | 30,419 | 40,892 | 39,728 | 46,040 | 57,483 | 54,191 | 72,006 | 67,710 | 101,551 | |
Interest Receivable | 2,641 | 4,811 | 2,115 | 1,135 | 8,340 | 1,445 | 3,030 | 757 | 18 | 8 | 270 | ||||
Pre-Tax Profit | 10,037,432 | 5,162,166 | 10,038,583 | 8,134,484 | 4,057,406 | 5,430,201 | 3,953,549 | 3,385,964 | 3,404,635 | 2,335,937 | 1,453,343 | 1,491,215 | 1,003,340 | 462,378 | |
Tax | -1,915,717 | -287,630 | -1,548,648 | -1,561,220 | -810,678 | -1,033,952 | -815,142 | -707,336 | -599,537 | -528,507 | -293,846 | -433,576 | -298,811 | -170,523 | |
Profit After Tax | 8,121,715 | 4,874,536 | 8,489,935 | 6,573,264 | 3,246,728 | 4,396,249 | 3,138,407 | 2,678,628 | 2,805,098 | 1,807,430 | 1,159,497 | 1,057,639 | 704,529 | 291,855 | |
Dividends Paid | 3,989,916 | 2,171,059 | 9,060,000 | 6,682,721 | 674,667 | 593,999 | 531,330 | 445,000 | 330,000 | 333,000 | 71,000 | 150,000 | 100,000 | 100,000 | |
Retained Profit | 4,131,799 | 2,703,477 | -570,065 | -109,457 | 2,572,061 | 3,802,250 | 2,607,077 | 2,233,628 | 2,475,098 | 1,474,430 | 1,088,497 | 907,639 | 604,529 | 191,855 | |
Employee Costs | 25,326,659 | 25,207,324 | 27,666,120 | 22,772,758 | 17,785,413 | 15,354,898 | 12,928,388 | 10,182,645 | 8,855,040 | 7,439,902 | 7,125,978 | 6,431,149 | 5,512,959 | 4,443,288 | |
Number Of Employees | 867 | 911 | 1,088 | 1,021 | 792 | 771 | 631 | 441 | 388 | 379 | 330 | 268 | 198 | ||
EBITDA* | 10,684,176 | 7,358,673 | 11,350,007 | 9,122,495 | 4,681,755 | 5,949,613 | 4,380,136 | 3,709,357 | 3,698,823 | 2,593,635 | 1,735,007 | 1,893,096 | 1,396,337 | 1,094,528 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,993,843 | 6,926,146 | 7,936,951 | 7,834,624 | 6,482,461 | 6,286,820 | 5,917,402 | 6,041,781 | 5,569,473 | 5,645,010 | 5,616,045 | 5,640,437 | 5,911,920 | 6,029,771 | |
Intangible Assets | |||||||||||||||
Investments & Other | 9 | 9 | 9 | 9 | 3 | 798 | |||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 6,993,852 | 6,926,155 | 7,936,960 | 7,834,633 | 3 | 6,483,259 | 6,286,820 | 5,917,402 | 6,041,781 | 5,569,473 | 5,645,010 | 5,616,045 | 5,640,437 | 5,911,920 | 6,029,771 |
Stock & work in progress | 13,735,051 | 16,399,727 | 19,476,946 | 14,319,755 | 12,576,848 | 9,423,547 | 10,009,528 | 8,754,020 | 5,653,006 | 6,129,785 | 4,756,089 | 3,960,439 | 4,730,824 | 4,474,562 | |
Trade Debtors | 8,613,035 | 9,422,267 | 9,250,881 | 11,306,924 | 8,589,015 | 7,869,893 | 7,679,159 | 6,520,745 | 5,689,011 | 4,826,510 | 4,995,247 | 4,088,914 | 3,729,396 | 2,577,297 | |
Group Debtors | 10,022,486 | 8,441,176 | 3,870,035 | 3,288,951 | |||||||||||
Misc Debtors | 1,689,494 | 2,625,609 | 2,256,970 | 702,903 | 2,571,512 | 1,787,493 | 1,568,188 | 448,820 | 383,091 | 102,828 | 96,671 | 144,647 | 345,456 | 234,493 | |
Cash | 9,585,772 | 5,042,324 | 5,476,813 | 8,211,984 | 4,610,258 | 5,979,359 | 2,056,547 | 1,475,402 | 2,880,802 | 787,228 | 863,608 | 865,360 | 691,721 | 507,626 | |
misc current assets | |||||||||||||||
total current assets | 43,645,838 | 41,931,103 | 40,331,645 | 37,830,517 | 28,347,633 | 25,060,292 | 21,313,422 | 17,198,987 | 14,605,910 | 11,846,351 | 10,711,615 | 9,059,360 | 9,497,397 | 7,793,978 | |
total assets | 50,639,690 | 48,857,258 | 48,268,605 | 45,665,150 | 3 | 34,830,892 | 31,347,112 | 27,230,824 | 23,240,768 | 20,175,383 | 17,491,361 | 16,327,660 | 14,699,797 | 15,409,317 | 13,823,749 |
Bank overdraft | 895,641 | 126,783 | 188,467 | 839,921 | 474,141 | ||||||||||
Bank loan | 8,659 | 49,957 | 914,581 | 1,331,125 | 668,824 | 694,169 | 722,823 | 431,996 | 430,915 | 443,712 | 421,911 | 429,909 | |||
Trade Creditors | 4,022,662 | 6,123,221 | 4,969,455 | 6,667,179 | 3,805,082 | 3,759,147 | 3,594,463 | 3,508,884 | 2,796,585 | 2,462,408 | 1,673,421 | 2,131,352 | 3,317,558 | 2,159,106 | |
Group/Directors Accounts | 746,371 | 1,026,648 | 3,149,976 | 388,444 | 26,937 | 32,719 | |||||||||
other short term finances | 16,030 | 39,600 | 16,167 | 28,308 | 77,649 | ||||||||||
hp & lease commitments | 87,500 | 80,208 | 80,208 | 27,514 | 155,838 | 181,222 | 82,389 | 104,812 | 46,406 | 4,231 | 12,710 | ||||
other current liabilities | 10,646,679 | 9,947,657 | 11,597,874 | 9,022,499 | 5,235,036 | 4,732,080 | 4,473,891 | 2,743,534 | 2,499,752 | 2,652,188 | 3,477,106 | 1,762,551 | 1,125,437 | 1,197,995 | |
total current liabilities | 15,503,212 | 17,186,393 | 19,847,470 | 17,020,217 | 10,543,111 | 9,380,873 | 8,861,079 | 7,108,361 | 6,238,384 | 5,673,375 | 5,581,442 | 4,603,731 | 5,735,995 | 4,306,580 | |
loans | 232,529 | 850,202 | 8,659 | 50,630 | 10,089 | 157,087 | 477,143 | 794,735 | 1,014,173 | 1,442,821 | 1,844,866 | 2,256,597 | 2,714,895 | 3,136,564 | |
hp & lease commitments | 36,458 | 131,250 | 218,761 | 142,849 | 298,677 | 122,366 | 161,001 | 57,483 | 3,880 | 31,622 | |||||
Accruals and Deferred Income | 25,548 | ||||||||||||||
other liabilities | 247,484 | 254,888 | 262,292 | 269,696 | |||||||||||
provisions | 301,225 | 247,542 | 447,917 | 271,036 | 101,161 | 61,585 | 109,980 | 109,877 | 8,272 | 17,377 | |||||
total long term liabilities | 817,696 | 1,483,882 | 937,629 | 591,362 | 279,647 | 517,349 | 709,489 | 1,065,613 | 1,079,928 | 1,460,198 | 1,844,866 | 2,256,597 | 2,718,775 | 3,168,186 | |
total liabilities | 16,320,908 | 18,670,275 | 20,785,099 | 17,611,579 | 10,822,758 | 9,898,222 | 9,570,568 | 8,173,974 | 7,318,312 | 7,133,573 | 7,426,308 | 6,860,328 | 8,454,770 | 7,474,766 | |
net assets | 34,318,782 | 30,186,983 | 27,483,506 | 28,053,571 | 3 | 24,008,134 | 21,448,890 | 17,660,256 | 15,066,794 | 12,857,071 | 10,357,788 | 8,901,352 | 7,839,469 | 6,954,547 | 6,348,983 |
total shareholders funds | 34,318,782 | 30,186,983 | 27,483,506 | 28,053,571 | 3 | 24,008,134 | 21,448,890 | 17,660,256 | 15,066,794 | 12,857,071 | 10,357,788 | 8,901,352 | 7,839,469 | 6,954,547 | 6,348,983 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 9,426,222 | 6,019,938 | 10,057,517 | 8,147,155 | 4,082,488 | 5,458,505 | 3,993,306 | 3,417,352 | 3,449,230 | 2,390,390 | 1,506,777 | 1,563,203 | 1,071,042 | 725,552 | |
Depreciation | 1,257,954 | 1,338,735 | 1,292,490 | 975,340 | 718,690 | 599,267 | 491,108 | 386,830 | 292,005 | 249,593 | 203,245 | 228,230 | 329,893 | 325,295 | 368,976 |
Amortisation | |||||||||||||||
Tax | -1,915,717 | -287,630 | -1,548,648 | -1,561,220 | -810,678 | -1,033,952 | -815,142 | -707,336 | -599,537 | -528,507 | -293,846 | -433,576 | -298,811 | -170,523 | |
Stock | -2,664,676 | -3,077,219 | 5,157,191 | 14,319,755 | -12,576,848 | 3,153,301 | -585,981 | 1,255,508 | 3,101,014 | -476,779 | 1,373,696 | 795,650 | -770,385 | 256,262 | 4,474,562 |
Debtors | -164,037 | 5,111,166 | 79,108 | 15,298,778 | -11,160,527 | 1,503,141 | 410,039 | 2,277,782 | 897,463 | 1,142,764 | -162,580 | 858,357 | 158,709 | 1,263,062 | 2,811,790 |
Creditors | -2,100,559 | 1,153,766 | -1,697,724 | 6,667,179 | -3,805,082 | 45,935 | 164,684 | 85,579 | 712,299 | 334,177 | 788,987 | -457,931 | -1,186,206 | 1,158,452 | 2,159,106 |
Accruals and Deferred Income | 699,022 | -1,650,217 | 2,575,375 | 9,022,499 | -5,260,584 | 528,504 | 258,189 | 1,730,357 | 243,782 | -152,436 | -824,918 | 1,714,555 | 637,114 | -72,558 | 1,197,995 |
Deferred Taxes & Provisions | 53,683 | -200,375 | 176,881 | 271,036 | -101,161 | 39,576 | -48,395 | 103 | 101,605 | -9,105 | 17,377 | ||||
Cash flow from operations | 10,249,318 | 4,340,270 | 5,619,592 | -6,096,544 | -171,350 | 5,466,081 | 1,847,743 | 61,230 | 2,605,937 | 835,458 | 1,043,778 | 1,522,104 | 664,096 | -3,005,246 | |
Investing Activities | |||||||||||||||
capital expenditure | -836,285 | -420,485 | -262,451 | -762,813 | -174,056 | -232,210 | -203,839 | -83,123 | -190,159 | -167,083 | |||||
Change in Investments | 6 | -795 | 798 | ||||||||||||
cash flow from investments | -837,083 | -420,485 | -262,451 | -762,813 | -174,056 | -232,210 | -203,839 | -83,123 | -190,159 | -167,083 | |||||
Financing Activities | |||||||||||||||
Bank loans | -8,659 | -41,298 | -864,624 | 914,581 | -1,331,125 | 662,301 | -25,345 | -28,654 | 722,823 | -431,996 | 1,081 | -12,797 | 21,801 | -7,998 | 429,909 |
Group/Directors Accounts | -280,277 | -2,123,328 | 2,761,532 | 388,444 | -26,937 | -5,782 | 32,719 | ||||||||
Other Short Term Loans | -16,030 | -23,570 | 23,433 | -12,141 | 28,308 | -77,649 | 77,649 | ||||||||
Long term loans | -617,673 | 841,543 | -41,971 | 50,630 | -10,089 | -146,998 | -320,056 | -317,592 | -219,438 | -428,648 | -402,045 | -411,731 | -458,298 | -421,669 | 3,136,564 |
Hire Purchase and Lease Commitments | -87,500 | -87,511 | 271,455 | 27,514 | -298,687 | -181,212 | 275,144 | -61,058 | 161,924 | 103,889 | -8,111 | -36,221 | 44,332 | ||
other long term liabilities | -7,404 | -7,404 | -7,404 | 269,696 | |||||||||||
share issue | |||||||||||||||
interest | -6,463 | -7,570 | -18,934 | -12,671 | -25,082 | -28,304 | -39,757 | -31,388 | -44,595 | -54,453 | -53,434 | -71,988 | -67,702 | -101,281 | |
cash flow from financing | -1,007,976 | -1,425,568 | 2,100,054 | 29,801,219 | 272,622 | -88,744 | -472,817 | 638,324 | -777,165 | -473,411 | -582,225 | -488,601 | -538,337 | 9,699,371 | |
cash and cash equivalents | |||||||||||||||
cash | 4,543,448 | -434,489 | -2,735,171 | 8,211,984 | -4,610,258 | -1,369,101 | 3,922,812 | 581,145 | -1,405,400 | 2,093,574 | -76,380 | -1,752 | 173,639 | 184,095 | 507,626 |
overdraft | -895,641 | 768,858 | 126,783 | -188,467 | -651,454 | 365,780 | 474,141 | ||||||||
change in cash | 4,543,448 | -434,489 | -2,735,171 | 8,211,984 | -4,610,258 | -1,369,101 | 3,922,812 | 581,145 | -509,759 | 1,324,716 | -203,163 | 186,715 | 825,093 | -181,685 | 33,485 |
decora blind systems limited Credit Report and Business Information
Decora Blind Systems Limited Competitor Analysis

Perform a competitor analysis for decora blind systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in BT28 area or any other competitors across 12 key performance metrics.
decora blind systems limited Ownership
DECORA BLIND SYSTEMS LIMITED group structure
Decora Blind Systems Limited has 1 subsidiary company.
Ultimate parent company
1 parent
DECORA BLIND SYSTEMS LIMITED
NI014427
1 subsidiary
decora blind systems limited directors
Decora Blind Systems Limited currently has 6 directors. The longest serving directors include Mr William Dickson (Jul 1980) and Mrs. Lynda Dickson (Jul 1980).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr William Dickson | Northern Ireland | 79 years | Jul 1980 | - | Director |
Mrs. Lynda Dickson | 75 years | Jul 1980 | - | Director | |
Mr Stuart Dickson | England | 51 years | Apr 2004 | - | Director |
Mr Russell Dickson | 49 years | Apr 2004 | - | Director | |
Mr James Speer | 48 years | Feb 2008 | - | Director | |
Mr Jonathan McCluggage | England | 44 years | Jun 2018 | - | Director |
P&L
December 2023turnover
103.3m
-2%
operating profit
9.4m
+57%
gross margin
25.2%
+20.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
34.3m
+0.14%
total assets
50.6m
+0.04%
cash
9.6m
+0.9%
net assets
Total assets minus all liabilities
decora blind systems limited company details
company number
NI014427
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
July 1980
age
45
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
discount blinds limited (January 2000)
decora window blinds limited (November 1999)
See moreaccountant
-
auditor
RSM UK AUDIT LLP
address
1 ferguson drive, lisburn, northern ireland, BT28 2FL
Bank
BANK OF IRELAND
Legal Advisor
CLEAVER FULTON RANKIN
decora blind systems limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 10 charges/mortgages relating to decora blind systems limited. Currently there are 1 open charges and 9 have been satisfied in the past.
decora blind systems limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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decora blind systems limited Companies House Filings - See Documents
date | description | view/download |
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