TEER COATINGS LIMITED
Get an alert when TEER COATINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-30 (in 4mo)
Last made up 2025-09-16
Watchouts
None on the register
Cash
£2M
-3.4% vs 2024
Net assets
£5M
-3.7% vs 2024
Employees
51
-5.6% vs 2024
Profit before tax
£2M
+8.1% highest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £7,496,154 | £6,619,114 | |
| Operating profit | — | — | — | — | £1,771,126 | £1,614,770 | |
| Profit before tax | — | — | — | £1,193,663 | £1,505,673 | £1,627,225 | |
| Net profit | — | — | — | £987,019 | £1,359,896 | £1,913,432 | |
| Cash | £1,369,659 | £1,264,572 | £1,669,207 | £1,632,980 | £1,728,759 | £1,670,477 | |
| Total assets less current liabilities | £3,449,803 | £3,464,505 | £3,716,176 | £3,840,494 | £5,324,451 | £4,968,512 | |
| Net assets | £3,226,508 | £3,327,006 | £3,503,751 | £3,555,770 | £4,915,666 | £4,734,593 | |
| Equity | £3,226,508 | £3,327,006 | £3,503,751 | £3,555,770 | £4,915,666 | £4,734,593 | |
| Average employees | 51 | 51 | 50 | 51 | 54 | 51 | |
| Wages | — | — | — | £1,641,358 | £1,738,628 | £1,730,633 |
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 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 23.6% | 24.4% | |
| Net margin | — | — | — | — | 18.1% | 28.9% | |
| Return on capital employed | — | — | — | — | 33.3% | 32.5% | |
| Current ratio | — | — | — | — | 1.47x | 2.19x | |
| Interest cover | — | — | — | — | 963.62x | 795.85x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In making this assessment the directors have considered the period until the end of September 2026 and therefore they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “On 15 August 2024, the entire issued share capital of the immediate parent company, Magsputter Limited, was acquired by Judges Scientific Plc, incorporated in England and Wales, who became the ultimate controlling entity.”
- “The accounting reference date was changed, in the current period, to 31 December (from 31 January), and therefore the prior year figures are not comparable.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REECE, Glynn | Secretary | 2024-08-14 | — | — |
| DUNNE, John | Director | 2026-04-01 | Jun 1967 | Irish |
| LAVELLE, Mark Stephen | Director | 2024-08-14 | Sep 1958 | British |
| LOUGHLIN, David Edward | Director | 2025-10-01 | Jul 1981 | British |
| ORMSBY, Bradley Leonard | Director | 2024-08-14 | Feb 1976 | British |
| PRESTIDGE, Tim, Dr | Director | 2026-02-08 | May 1971 | British |
| SOUTHALL, Wayne Kenneth | Director | 2019-01-15 | Jun 1967 | British |
| SUN, Hailin, Dr | Director | 2019-01-15 | Jul 1964 | British |
| WHEADON, Philippa Katherine | Director | 2025-04-01 | Oct 1979 | British |
| WILCOCK, Ian Christopher, Dr | Director | 2025-01-21 | Feb 1967 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BYRNE, Angela Clare | Secretary | 2017-12-22 | 2024-08-14 |
| CHINN, William David | Secretary | — | 1991-10-01 |
| GRUBER, Martin | Secretary | 2015-02-01 | 2017-12-21 |
| PARKER, Beverly Ann | Secretary | 2011-11-01 | 2015-02-01 |
| TEER, Paul Dennis | Secretary | 2005-10-01 | 2010-05-11 |
| WHAPPLES, Janet Louise | Secretary | — | 2005-10-01 |
| BLAIMSCHEIN, Martin | Director | 2015-02-01 | 2017-11-06 |
| BYRNE, Angela Clare | Director | 2019-01-15 | 2025-06-27 |
| CICUREL, David Elie | Director | 2024-08-14 | 2026-02-08 |
| COOPER, Anthony William | Director | 2024-08-14 | 2025-01-31 |
| GATTINGER, Matthias Johannes | Director | 2011-02-15 | 2015-01-31 |
| HEHENFELDER, Guenter | Director | 2010-04-13 | 2019-01-15 |
| HOFER, Markus | Director | 2015-02-01 | 2019-01-15 |
| NISS, Therese | Director | 2009-07-13 | 2015-01-31 |
| PESSENHOFER, Werner Robert | Director | 2017-11-06 | 2019-01-15 |
| TEER, Dennis Gerald | Director | — | 2010-05-11 |
| TEER, Edna | Director | — | 1992-03-07 |
| TEER, Paul Dennis | Director | 1993-02-01 | 2011-02-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magsputter Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-01-15 | Active |
| Miba Gleitlager Gmbh | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-09-15 | Ceased 2019-01-15 |
| Miba Gleitlager Gmbh | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-01-15 |
Filing timeline
Last 20 of 166 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | CH01 | officers | Change person director company with change date | |
| 2025-10-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-21 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-08-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-21 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-01-31
-
Turnover
-11.7%
£7,496,154 £6,619,114
-
Cash
-3.4%
£1,728,759 £1,670,477
-
Net assets
-3.7%
£4,915,666 £4,734,593
-
Employees
-5.6%
54 51
-
Operating profit
-8.8%
£1,771,126 £1,614,770
-
Profit before tax
+8.1%
£1,505,673 £1,627,225
highest in 3 filed years
-
Wages
-0.5%
£1,738,628 £1,730,633
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers