TYROLIT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-18
Overdue
Watchouts
Cash
£636K
+15.2% vs 2023
Net assets
£3M
+5.5% vs 2023
Employees
46
+12.2% vs 2023
Profit before tax
-£274K
-265.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-18.
Name history
Renamed 2 times since incorporation
- TYROLIT LIMITED 1999-11-11 → present
- TYROLIT UK LIMITED 1991-03-08 → 1999-11-11
- TYROLIT (GRINDING WHEELS) LIMITED 1974-11-14 → 1991-03-08
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £19,032,000 | £19,598,000 | |
| Operating profit | £414,000 | £81,000 | |
| Profit before tax | £166,000 | -£274,000 | |
| Net profit | £85,000 | -£314,000 | |
| Cash | £552,000 | £636,000 | |
| Total assets less current liabilities | £4,205,000 | £4,610,000 | |
| Net assets | £3,093,000 | £3,263,000 | |
| Equity | £3,093,000 | £3,263,000 | |
| Average employees | 41 | 46 | |
| Wages | £2,265,000 | £2,190,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.2% | 0.4% | |
| Net margin | 0.4% | -1.6% | |
| Return on capital employed | 9.8% | 1.8% | |
| Gearing (liabilities / total assets) | 77.0% | 76.8% | |
| Current ratio | 1.07x | 1.00x | |
| Interest cover | 1.14x | 0.17x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Burgis & Bullock
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Significant events
- “The start to 2025 has been slow and steady and reflects the overall performance of the UK Manufacturing industry but looking at the future order book for 2025 the company is confident that it is well placed to take advantage of this recovery and growth predicted for Q2 to Q4 of 2025.”
- “On 6th June 2025 the trustees of the defined benefit pension scheme agreed that the scheme should be wound up. Initially a pension scheme "buy-in" will be entered into with appropriate insurers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STEPHENSON, Paul | Secretary | 2014-09-01 | — | — |
| DOLLINGER, Peter | Director | 2016-09-28 | Jul 1967 | Austrian |
| SAUERWEIN, Andreas Manfred | Director | 2018-06-21 | Oct 1982 | Austrian |
| STEPHENSON, Paul | Director | 2022-01-01 | Nov 1973 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUDSON, Raymond Nigel | Secretary | 1994-07-08 | 2014-09-01 |
| SHANDLEY, Patrick James | Secretary | — | 1994-07-08 |
| BAUER, Christian | Director | 2006-02-14 | 2007-01-31 |
| BAUER, Christian | Director | 2001-03-09 | 2003-03-26 |
| DUFTY, Peter | Director | 2022-01-01 | 2024-08-15 |
| KOIDL, Christian Josef, Mag | Director | 2007-02-27 | 2022-01-31 |
| KORRADI, Friedrich | Director | 2006-02-14 | 2014-06-17 |
| LANDL, Alfred | Director | 2006-02-14 | 2018-06-21 |
| LUDWIG, Andreas Johannes, Dr | Director | 1994-03-25 | 2001-03-09 |
| MADER, Klaus Hermann | Director | 2006-02-14 | 2015-05-31 |
| PICHLER, Arno | Director | 2001-03-09 | 2006-03-08 |
| PICHLER, Herwig | Director | — | 1993-03-12 |
| SEMERAD-RADULESCU, Michael | Director | 1993-03-15 | 1999-09-14 |
| SHANDLEY, Patrick James | Director | — | 1997-08-31 |
| SHANDLEY, Patrick James | Director | — | 1993-03-12 |
| WILLIS, John Edward | Director | — | 2022-06-30 |
| YEGENOGLU, Kemal, Dr | Director | 2003-03-26 | 2004-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tysa Holdings Sa | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CH01 | officers | Change person director company with change date | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-22 | AA | accounts | Accounts with accounts type full | |
| 2022-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-12 | AA | accounts | Accounts with accounts type full | |
| 2021-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-21 | AA | accounts | Accounts with accounts type full | |
| 2020-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-13 | AUD | auditors | Auditors resignation company | |
| 2019-04-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3%
£19,032,000 £19,598,000
-
Cash
+15.2%
£552,000 £636,000
-
Net assets
+5.5%
£3,093,000 £3,263,000
-
Employees
+12.2%
41 46
-
Operating profit
-80.4%
£414,000 £81,000
-
Profit before tax
-265.1%
£166,000 -£274,000
-
Wages
-3.3%
£2,265,000 £2,190,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers