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Tioga Limited

03167564

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

ST THOMAS HOUSE ST MARY'S WHARF, DERBY, DE1 3TN
Incorporated 04/03/1996

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

26120
Manufacture of loaded electronic boards

Officers

Mr Warwick Adams

director · Since 01/01/1998

ELECTRONIC ENGINEER

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Dean Antony Hallam

director · Since 16/05/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 18 other boards

Mr Andrew Neil Grimmett

director · Since 01/06/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Mr Benjamin Matthew Adams

director · Since 09/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 37

Miss Rebecca Louise Adams

director · Since 09/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 32

Mr Phillip Graham Schofield

director · Since 09/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Robin Dean Walford

director · Since 09/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Simpatica Group Limited

75–100% shares
75–100% votes
Appoint directors

St Thomas House, Mansfield Road, Derby, DE1 3TN

Reg: 10684201 · Companies House, Cardiff · Limited Company

Notified 07/04/2017

Former PSCs

Mr Warwick Adams

Ceased 07/04/2017

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 19/12/2023Registered 27/12/2023
Charge
outstanding

HSBC UK BANK PLC

Created 31/08/2021Registered 06/09/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 14/07/2014Registered 14/07/2014
Charge
satisfied

HSBC BANK PLC

Created 26/06/2014Registered 27/06/2014Satisfied 03/02/2026
Charge
outstanding

HSBC BANK PLC

Created 03/04/2014Registered 04/04/2014
Charge
outstanding

HSBC BANK PLC

Created 31/03/2014Registered 02/04/2014
charge
satisfied

ADVANTAGE TRANSITION BRIDGE FUND LIMITED

Created 09/11/2009Registered 10/11/2009Satisfied 04/01/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 27/06/2006Registered 05/07/2006Satisfied 10/09/2014
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/02/2003Registered 18/02/2003Satisfied 10/09/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/12/1997Registered 30/12/1997Satisfied 10/03/2004
charge
satisfied

MIDLAND BANK PLC

Created 22/10/1996Registered 30/10/1996Satisfied 15/07/1999

CompanyRankvs 15+ SIC 26120 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.11× · 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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90
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90
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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.

Employees15/15 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 going co

Key FinancialsYear ending 31/03/2025

Turnover

£20.1M

Annual revenue

Net Worth

£9.0M

Balance sheet strength

Cash

£98k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£9.3M

Working capital

Current Assets

£17.7M

Current Liabilities

£8.4M

Fixed Assets

£3.2M

Debtors

£12.5M

Cost of Sales

£14.6M

Gross Profit

£5.5M

Admin Expenses

£3.8M

Operating Profit

£1.8M

Profit After Tax

£1.2M

143avg. employees

Tax at Year End

Corp tax£234k
Dividends paid-£240k

People Costs

Wages & salaries£5.1M
NI contributions£488k

Balance Sheet

Bank loans & overdrafts£565k
Assets less current liabilities£12.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20252.11

Derived from filed accounts. Not audited figures.