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Team Valve And Rotating Services Limited

03018403

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

Furman House, Shap Road, Kendal, LA9 6RU
Incorporated 06/02/1995

Previously known as

Teamfurmanite Valve And Rotating Services Ltd · until 02/01/2019
Team Valve And Rotating Services Ltd · until 31/03/2017
Hertel Valve & Rotating Services Ltd · until 05/09/2014
Hertel Total Asset Management Limited · until 20/01/2010
Vision Ceilings,Insulations And Asbestos Removals Limited · until 14/09/2006
Vision Ceilings And Asbestos Removals Limited · until 14/02/1995

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

33120
Repair of machinery
33190
Repair of other equipment

Officers

Mrs Rachel Dixon

secretary · Since 29/06/2017

Mr Matthew Emmanuel Acosta

director · Since 07/12/2021

CHIEF EXECUTIVE

AMERICAN · UNITED STATES · Age 57

Also on 6 other boards

Mrs Sally Desborough

director · Since 01/04/2022

GENERAL MANAGER

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Mr Nelson Maurice Haight

director · Since 18/01/2025

CHIEF EXECUTIVE

AMERICAN · UNITED STATES · Age 61

Rachel Dixon

secretary · Since 29/06/2017

Matthew Emmanuel Acosta

director · Since 07/12/2021

American · United States · Age 57

Sally Desborough

director · Since 01/04/2022

British · England · Age 44

Nelson Maurice Haight

director · Since 18/01/2025

American · United States · Age 61

Former

Frans Jan Van Kogelenberg

director · Resigned 31/12/2016

Laytons Secretaries Limited

corporate secretary · Resigned 31/12/2016

Johannes Buijtink

director · Resigned 31/12/2016

Eric Stuart Blackwell

secretary · Resigned 29/06/2017

Greg Lee Boane

director · Resigned 02/12/2018

Susan M Ball

director · Resigned 07/12/2021

Jonathon Anthony Jarvis

director · Resigned 01/04/2022

Andre Charles Bouchard

director · Resigned 18/01/2025

Persons with Significant Control

Team Industrial Services (Uk) Holding Limited

75–100% shares
75–100% votes

Furman House, Shap Road, Kendal, LA9 6RU

Reg: 09124073 · England And Wales · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HPS INVESTMENT PARTNERS, LLC AS SECURITY AGENT

Created 12/03/2025Registered 18/03/2025
Charge
outstanding

CANTOR FITZGERALD SECURITIES

Created 12/03/2025Registered 13/03/2025
Charge
satisfied

CANTOR FITZGERALD SECURITIES AS AGENT FOR THE LENDERS UNDER A CREDIT AGREEMENT ORIGINALLY DATED

Created 16/06/2023Registered 19/06/2023Satisfied 13/03/2025
Charge
outstanding

ECLIPSE BUSINESS CAPITAL LLC AS AGENT FOR THE LENDERS UNDER A CREDIT AGREEMENT ORIGINALLY DATED

Created 16/06/2023Registered 19/06/2023
Charge
outstanding

ECLIPSE BUSINESS CAPITAL LLC

Created 11/02/2022Registered 14/02/2022
Charge
outstanding

ECLIPSE BUSINESS CAPITAL LLC

Created 11/02/2022Registered 14/02/2022
Charge
satisfied

CITIBANK, N.A.

Created 18/12/2020Registered 05/01/2021Satisfied 17/02/2022
Charge
satisfied

CITIBANK, N.A.

Created 18/12/2020Registered 05/01/2021Satisfied 17/02/2022
Charge
satisfied

ATLANTIC PARK STRATEGIC CAPITAL FUND, L.P. (AS AGENT)

Created 18/12/2020Registered 20/12/2020Satisfied 17/02/2022
charge
satisfied

HERTEL INDUSTRIAL SEALINGS BV

Created 01/07/2009Registered 08/07/2009Satisfied 01/05/2012

Change History

statusactive
2026-06-22

Active

typeltd
2026-06-22

Private Limited Company

address line1Furman House
2026-06-22

FURMAN HOUSE

post townKendal
2026-06-22

KENDAL

officer appointedDIXON, Rachel
2026-06-22
officer appointedACOSTA, Matthew Emmanuel
2026-06-22
officer appointedDESBOROUGH, Sally
2026-06-22
officer appointedHAIGHT, Nelson Maurice
2026-06-22

CompanyRankvs 465+ SIC 33120 peers
58

Financial strength100th percentile among SIC peers · 25/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£269k

Cash in the bank

Profit Before Tax

£522k

Bottom line earnings

Net Current Assets

£5.3M

Working capital

Current Assets

£7.0M

Current Liabilities

£1.7M

Fixed Assets

£333k

Debtors

£6.6M

Admin Expenses

£1.3M

Profit After Tax

£416k

1avg. employees-60

Tax at Year End

Corp tax£85k

People Costs

Wages & salaries£3.5M

Balance Sheet

Assets less current liabilities£5.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.03+£416k
20234.39

Derived from filed accounts. Not audited figures.