Tetrosyl Express Limited
08506563
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 26/04/2025
Due 10/05/2026
Industry
Officers
Former
secretary · Resigned 31/05/2018
director · Resigned 31/05/2018
director · Resigned 25/01/2022
Persons with Significant Control
Tetrosyl Group Limited
Bevis Green Works, Mill Road, Bury, BL9 6RE
Notified 06/04/2016
Charges5 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
Change History
Active
Private Limited Company
NEWGATE HOUSE
ROCHDALE
CompanyRankvs 2364+ SIC 45310 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
owed within 12 months from the signing date. Having considered the above, the Directors remain confident in the on-going prospects of the business and its ability to continue to operate as a going concern. It is on that basis the Directors believe the business continues to operate as a going concern. Page 3 TETROSYL EXPRESS LIMITED DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH
Key FinancialsYear ending 31/03/2025
Turnover
£28.0M
Annual revenue
Net Worth
-£5.3M
Balance sheet strength
Cash
£463k
Cash in the bank
Profit Before Tax
£224k
Bottom line earnings
Net Current Assets
-£5.5M
Working capital
Current Assets
£32.6M
Current Liabilities
£38.2M
Fixed Assets
£260k
Debtors
£26.1M
Cost of Sales
£17.7M
Gross Profit
£10.3M
Admin Expenses
£3.1M
Operating Profit
£224k
Profit After Tax
£305k
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.86 | +£305k |
| 2024 | 0.82 | -£415k |
| 2023 | 0.82 | — |
Derived from filed accounts. Not audited figures.
Filing History45 filings
mortgage create with deed with charge number charge creation date
mortgage create with deed with charge number charge creation date
accounts with accounts type full
mortgage create with deed with charge number charge creation date
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
mortgage create with deed with charge number charge creation date
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
auditors resignation company
termination director company with name termination date
accounts with accounts type full
appoint person director company with name date
confirmation statement with no updates
confirmation statement with no updates
change account reference date company current extended
accounts with accounts type full
change registered office address company with date old address new address
confirmation statement with no updates
accounts with accounts type full
termination director company with name termination date
termination secretary company with name termination date
confirmation statement with no updates
accounts with accounts type full
confirmation statement with updates
mortgage satisfy charge full
mortgage satisfy charge full
accounts with accounts type full
mortgage create with deed with charge number charge creation date
annual return company with made up date full list shareholders
mortgage create with deed with charge number charge creation date
accounts with accounts type full
appoint person director company with name date
annual return company with made up date full list shareholders
certificate change of name company
accounts with accounts type full
annual return company with made up date full list shareholders
appoint person director company with name
mortgage create with deed with charge number
change account reference date company current shortened
incorporation company