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Tnei Services Limited

03891836

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

5TH FLOOR, MANCHESTER, M2 1HL
Incorporated 10/12/1999

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Nigel Geoffrey Tate

director · Since 01/04/2016

CEO

BRITISH · ENGLAND · Age 63

Also on 13 other boards

Mr Dieter GãœTschow

director · Since 31/03/2022

ELECTRICAL/ELECTRONIC ENGINEER

SOUTH AFRICAN,GERMAN · UNITED KINGDOM · Age 52

Also on 2 other boards

Mrs Thanthulage Nilanga Dhaneshvie Jayawarna

director · Since 31/03/2022

RESOURCES & OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

The New Energy Holdings Limited

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

5th Floor, 10 Chapel Walks, Manchester, M2 1HL

Reg: 09905044 · Companies House · Ltd

Notified 08/05/2018

Former PSCs

The New Energy Industries Limited

Ceased 08/05/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/04/2022Registered 08/04/2022
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 13/04/2016Registered 26/04/2016Satisfied 14/03/2022
Charge
satisfied

LLOYDS BANK PLC

Created 01/04/2016Registered 13/04/2016Satisfied 24/02/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/01/2007Registered 13/01/2007Satisfied 01/09/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 15/11/2005Registered 24/11/2005Satisfied 10/02/2007
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/03/2003Registered 01/04/2003Satisfied 10/02/2007
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/03/2003Registered 28/03/2003Satisfied 01/09/2010

CompanyRankvs 6213+ SIC 82990 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.64× · 16/20
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.

Employees15/15 pts

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

Liquidity16/20 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 31/12/2024

Turnover

£12.6M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£14.3M

Current Liabilities

£8.7M

Fixed Assets

£223k

Debtors

£11.4M

Cost of Sales

£7.0M

Gross Profit

£5.6M

Admin Expenses

£3.0M

Operating Profit

£2.6M

Profit After Tax

£1.9M

126avg. employees+54

Tax at Year End

Corp tax£132k
Dividends paid-£2.6M

People Costs

Wages & salaries£5.7M
NI contributions£517k

Balance Sheet

Bank loans & overdrafts£608k
Assets less current liabilities£5.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£701k
20231.93+£1.7M
20221.86-£988k
20213.46

Derived from filed accounts. Not audited figures.