What AIREA does

AIREA plc is a UK-listed specialist commercial flooring company that designs, manufactures, and markets carpet tiles, planks, fibre bonded and tufted carpet in sheet and tile formats, and specialist barrier and entrance matting products. All manufacturing is conducted in-house at the company's Victoria Mills site in Ossett, West Yorkshire, under the wholly-owned Burmatex brand, which has been the group's sole operating brand since the 2007 divestiture of the legacy Sirdar spinning business.

The company serves B2B customers through architects, specifiers, and contractors in the commercial flooring market, targeting education, healthcare, commercial offices, public sector, transportation (airports), universities, and leisure/hospitality verticals. Go-to-market is sales-led and project-based, using a direct sales force in the UK and Poland supplemented by agents and distributors across all major international markets. Pricing is quote-driven on commercial contracts rather than publicly disclosed, and revenue is generated through hardware sales of floor coverings.

For FY2025, AIREA reported revenue of £21.45m (up 1.0% from £21.23m in 2024), EBITDA of £1.7m (up from £1.1m), profit before tax of £211,000, and an operating margin of 4.3%. UK and ROI markets grew 2.3% while international markets declined 4%. The company increased its final dividend by 66.7% to 1.00p per share, reduced its pension deficit to £3.0m from £4.0m, and held £2.0m of cash at year end. The company is listed on AIM with 41.35m ordinary shares in issue and is led by CEO Médéric Payne (joined 2022), CFO Conleth Campbell (joined 2023), and Chairman Martin Toogood.

Name

AIREA

Legal name

Airea plc

Website

https://aireaplc.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

AIREA plc is a UK-listed specialist commercial flooring manufacturer operating its Burmatex brand, producing in-house carpet tiles, planks, and entrance matting for B2B customers across education, healthcare, commercial offices, and public sector projects.

Ownership category

akta.pro rank

Headquarters

HQ city

West Burton

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Floor coverings product sales: AIREA generates revenue through the design, manufacture, and marketing of floor coverings, primarily commercial carpet tiles and planks under the Burmatex brand. The company supplies both UK and international markets through its direct sales force and distributor network.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

AIREA plc designs, manufactures, and markets commercial floor coverings through its wholly-owned Burmatex brand, including fibre bonded and tufted carpet in sheet and tile formats plus specialist barrier and entrance matting products. All products are produced in-house at the company's UK manufacturing base and sold to architects, specifiers, and contractors delivering commercial projects in education, healthcare, commercial office, leisure, hospitality, and public sector settings across the UK, Ireland, Poland, and other international markets.

Product overview

AIREA plc is a UK design-led specialist flooring company operating as a single-brand business focused on floor coverings. The company's core product is the Burmatex® brand, which encompasses commercial carpet tiles and planks, fibre bonded and tufted carpet in sheet and tile formats, and specialist barrier and entrance matting products. All products are designed for sustainability and target the education, leisure, commercial, hospitality, healthcare, and public sectors. The products are manufactured in-house and distributed through a direct sales force in Poland and a network of agents and distributors covering international markets.

Differentiator

Problem solved

Functional benefit

Brands

• Burmatex: One of the UK's leading manufacturers of contract carpets and carpet tiles, offering fibre bonded and tufted carpet in sheet and tile, as well as specialist barrier and entrance matting products. The brand focuses on eco-friendly, innovative flooring solutions for architects, specifiers and contractors in education, leisure, commercial, hospitality and public sectors.

Products and services

• Burmatex® commercial flooring brand One of the UK's leading contract carpet and carpet tile manufacturers, offering fibre bonded and tufted carpet in sheet and tile formats plus specialist barrier and entrance matting products, with a focus on sustainable innovative flooring solutions for architects, specifiers, and contractors in education, leisure, commercial, hospitality, healthcare, and public sectors.
• Burmatex® fibre bonded carpet

Quantifiable outcome

• Full year revenue increased by 1.0% to £21.45m (2024: £21.23m)
• +4 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Interface, Inc. Global leader in modular carpet tiles and resilient flooring, with a strong sustainability mission (Climate Take Back). Directly comparable to AIREA/Burmatex as a commercial carpet tile manufacturer targeting offices, education, and public-sector projects worldwide.
• Condor Group: Belgian manufacturer of tufted and printed carpet tiles for commercial use. Comparable scale, similar European B2B specification focus, and overlapping end markets to Burmatex.
• Milliken & Company: US privately-held manufacturer of commercial carpet tiles and modular flooring, with strong design and sustainability positioning. Comparable B2B specification channel, product category, and target verticals (offices, education, healthcare).
• Balsan: French manufacturer of carpet tiles, broadloom, and textile flooring solutions targeting the European commercial market. Comparable product range, design-led positioning, and similar target verticals (offices, hotels, education) to Burmatex.
• Victoria PLC: UK-listed carpet and flooring group owning heritage brands such as Victoria Carpets, Cormar, and Abingdon. Closest UK-listed peer to AIREA, with overlapping product categories and similar commercial specification channels.
• Tarkett: French multinational flooring manufacturer offering carpet tiles alongside resilient and wood flooring. Competes directly with AIREA in European commercial flooring markets across education, healthcare, and offices.
• Forbo Holding AG: Swiss-headquartered flooring manufacturer with carpet tile and entrance matting systems (including brands like Flotex and Coral). Comparable product range, B2B commercial channel, and European specification-market focus.

Broad incumbents

• Mohawk Industries: Largest flooring manufacturer in the world with carpet tile, LVT, hardwood, and laminate categories. Competes broadly with AIREA in commercial specifications but operates at a very different scale and category breadth.
• Shaw Industries: US-based subsidiary of Berkshire Hathaway and one of the world's largest carpet and flooring manufacturers. Competes with AIREA in commercial carpet tile but at vastly greater scale and with a much broader product portfolio.

Regional players

• Brintons Carpets: UK heritage woven and Axminster carpet manufacturer primarily serving hospitality, leisure, and premium commercial interiors. Comparable UK manufacturing base and contract-specification channel but focused on woven broadloom rather than modular carpet tiles.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/airea-plc/about

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AIREA