Registration number: 03720150

Central Mailing Services Limited

Contents

Central Mailing Services Limited

Company Information

Central Mailing Services Limited

Strategic Report for the Year Ended 30 April 2025

The directors present their strategic report for the year ended 30 April 2025.

Principal activity

The principal activity of the company is Under review was that of the provision of mailing solutions

Fair review of the business

The results of the year and the financial position of the company are shown in the annexed financial statements

Central Mailing Services have carried on investing time and resource into technology and automation. We have expended our internal Development team and see a lot of progress with inhouse software to improve processes within the business. The investment in technology is ensuring that CMS remains at the cutting edge of the Print and Mail sector. The work is a long-term project; we have however already achieved a lot within the last 12 months. The result will enable us to become a leaner organisation and vastly more efficient. The market has continued to be challenging; however, casualties have resulted in further opportunities for us; whilst unprofitable businesses have failed to survive along with other businesses running out of cash. Adding value and providing the best service has also set us apart. We are well under way now with our journey towards full environmental sustainability whilst reducing our carbon footprint and working towards net zero.

Travel and retail have continued to be growth markets for us. The continued investment has seen significant growth in production and growth of output over the last fiscal year.

Paper wrapping is still our main service with all 5 lines in constant use. However, we have been surprised by the continuing high demand for polythene and envelope work, justifying the Board’s commitment to retain all these services in house.

Staff wise we have some challenges with staff retention and finding skilled labour locally once again remains an ongoing issue. However, we have invested in the Apprentice Scheme and trained / upskilled new employees from scratch and we will continue this.

We are still working to improve efficiency and procurement. We have had a strong trading year, despite a tough market, our experienced sales team have driven the growth and met projections for our financial year.

Principal risks and uncertainties

The company is exposed to risks and uncertainties which could impact its financial performance. The Directors apply their considerable experience and skills in the trade to balance risk against business opportunities. The government decisions have made business challenging for all sectors; this has resulted in survival of the fittest. Our strong balance sheet, experience and talent have resulted in the business being able to ride the storm.

Key performance indicators

The group uses KPI’s to monitor and measure performance. These include monitoring of sales, EBITDA and profit before tax as well as more detailed KPI’s such as sales margins and service standard. Turnover for the year has increased by 6.99% from £17.06M to £18.25M which generated an operating profit of £768k compared to £568k last year.

Approved and authorised by the Board on 10 December 2025 and signed on its behalf by:
 

Central Mailing Services Limited

Strategic Report for the Year Ended 30 April 2025

Central Mailing Services Limited

Directors' Report for the Year Ended 30 April 2025

The directors present their report and the financial statements for the year ended 30 April 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Mitesh Chouhan

Mr Luke Aaron Hickin

Mr Richard Samuel Morrow

Dividends

The total distribution of dividends for the year ended 30 April 2024 will be £500,000.

Disclosure of information to the auditors

Approved and authorised by the Board on 10 December 2025 and signed on its behalf by:
 

Central Mailing Services Limited

Statement of Directors' Responsibilities

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Central Mailing Services Limited

Independent Auditor's Report to the Members of Central Mailing Services Limited

Opinion

We have audited the financial statements of Central Mailing Services Limited (the 'company') for the year ended 30 April 2025, which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

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 original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Central Mailing Services Limited

Independent Auditor's Report to the Members of Central Mailing Services Limited

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Central Mailing Services Limited

Independent Auditor's Report to the Members of Central Mailing Services Limited

We identify and assess risks of material mistatement of the financial statements, whether due to fraud and error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identifying and assessing risks of material mistatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following;

- the nature of the industry, control environment and business performance;
- results of our enquiries of management about their own idenficiation and assessment of the risks of irregularities;
- any matters we have identified having reviewed the company's procedures for complying with laws and regulations and whether they were aware of any instances of non-compliance. The key laws and regulations we considered in this context included the Companie Act 2006.

As a result of these procedures we considered the opportunities that may exist within the organisation for fraud resulting in material misstatement in the financial statements. We considered that any mitgated by the fact that the company is under the close control of its directors.
Our procedure to arrive at this conclusion included the following:

- reviewing balance sheet control accounts to ensure properly reconciled;
- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
- enquiring with management concerning actual and potential litigation claims.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
John Hegney (Senior Statutory Auditor)
For and on behalf of JHHP Limited, Statutory Auditor
 3 Laureates Close
Great Barr
Birmingham
West Midlands
B43 6AY

10 December 2025

Central Mailing Services Limited

Profit and Loss Account for the Year Ended 30 April 2025

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Central Mailing Services Limited

Statement of Comprehensive Income for the Year Ended 30 April 2025

Central Mailing Services Limited

(Registration number: 03720150)
Balance Sheet as at 30 April 2025

Approved and authorised by the Board on 10 December 2025 and signed on its behalf by:
 

Central Mailing Services Limited

Statement of Changes in Equity for the Year Ended 30 April 2025

Central Mailing Services Limited

Statement of Cash Flows for the Year Ended 30 April 2025

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Central Mailing Services 59-60 Gravelly Industrial Park
Tyburn Lane
Erdington
Birmingham
B24 8TQ
United Kingdom

These financial statements were authorised for issue by the Board on 10 December 2025.

Significant judgements and estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires the directors to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results in the future could differ from those estimates.
In this regard, the directors believe that there are no critical accounting policies where judgements or estimations are necessarily applied in the financial statements.

Statement of compliance

Basis of preparation

Turnover

Government grants

Tax

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Tangible assets

Depreciation

Cash and cash equivalents

Stocks

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Hire purchase and leasing commitments

Pension costs and other post-retirement benefits

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 ‘
Other Financial Instruments Issues of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the
instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there
is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or
to realise the asset and settle the liability simultaneously.

 Impairment
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of
impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that
occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If
an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of
the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is
recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was
recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed
what the carrying amount would have been, had the impairment not previously been recognised. The
impairment reversal is recognised in profit or loss.

Arrived at after charging/(crediting)

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

The aggregate payroll costs (including directors' remuneration) were as follows:

The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

The directors' remuneration for the year was as follows:

During the year the number of directors who were receiving benefits and share incentives was as follows:

Tax charged/(credited) in the profit and loss account

The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2024 - the same as the standard rate of corporation tax in the UK) of 25% (2024 - 25%).

The differences are reconciled below:

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Deferred tax

Deferred tax assets and liabilities

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	491,622	532,394	5,007,911	461,244	6,493,171
Additions	19,382	13,008	408,933	170,000	611,323
Disposals	-	(455,086)	(4,042)	(382,690)	(841,818)
At 30 April 2025	511,004	90,316	5,412,802	248,554	6,262,676
Depreciation
At 1 May 2024	360,699	508,800	3,135,990	128,667	4,134,156
Charge for the year	57,536	19,809	570,213	53,890	701,448
Eliminated on disposal	-	(455,086)	(4,041)	(95,673)	(554,800)
At 30 April 2025	418,235	73,523	3,702,162	86,884	4,280,804
Carrying amount
At 30 April 2025	92,769	16,793	1,710,640	161,670	1,981,872
At 30 April 2024	130,923	23,594	1,871,921	332,577	2,359,015

Included within the net book value of land and buildings above is £92,769 (2024 - £130,923) in respect of long leasehold land and buildings.
 

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £108,773 (2024 - £107,121).

Allotted, called up and fully paid shares

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Non-current loans and borrowings

Current loans and borrowings

Secured Debts

The analysis of the company's other operating income for the year is as follows:

Hire purchase contracts

The total of future minimum lease payments is as follows:

Central Mailing Services Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Non-cancellable operating leases

The total of future minimum lease payments is as follows:

Within the year £80,464 (2024: £78,829) was paid as sponsorship to Total Trouble Racing Ltd, a company for which Richard Morrow is a director