TANDEM GROUP TRADING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-04 (in 6mo)
Last made up 2025-10-21
Watchouts
None on the register
Cash
£1M
+156.2% vs 2023
Net assets
£12M
+6.2% vs 2023
Employees
53
0% vs 2023
Profit before tax
£593K
+198% vs 2023
Name history
Renamed 5 times since incorporation
- TANDEM GROUP TRADING LIMITED 2022-03-01 → present
- MV SPORTS & LEISURE LIMITED 1990-05-31 → 2022-03-01
- MV SPORT AND LEISURE LIMITED 1990-03-01 → 1990-05-31
- M.V. IMPORTS & EXPORTS LIMITED 1985-11-13 → 1990-03-01
- T.G.M. MOTORS LIMITED 1983-04-12 → 1985-11-13
- GALLEYSTAG LIMITED 1983-02-17 → 1983-04-12
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 | £22,242,000 | £24,619,000 | |
| Operating profit | -£516,000 | £695,000 | |
| Profit before tax | -£605,000 | £593,000 | |
| Net profit | -£442,000 | £717,000 | |
| Cash | £505,000 | £1,294,000 | |
| Total assets less current liabilities | £11,574,000 | £12,291,000 | |
| Net assets | £11,574,000 | £12,291,000 | |
| Equity | £11,574,000 | £12,291,000 | |
| Average employees | 53 | 53 | |
| Wages | £1,788,000 | £1,900,000 |
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 | -2.3% | 2.8% | |
| Net margin | -2.0% | 2.9% | |
| Return on capital employed | -4.5% | 5.7% | |
| Gearing (liabilities / total assets) | 38.8% | 43.8% | |
| Current ratio | 2.39x | 2.16x | |
| Interest cover | -8.60x | 7.99x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied with the period under review. After reviewing the Group's forecast and projections covering a period of at least 12 months from the date of signing the Directors' Report, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- TANDEM GROUP TRADING LIMITED · parent
- M.V. Sports (Hong Kong) Limited 100%
- Casket Leisure Products Limited 100%
Significant events
- “Exceptional costs of £15,000 were incurred during the year in respect of non-cash impairment of the new IT system costs, the development of which was ceased (2023 - £29,000 in respect of shunting costs relating to the relocation of a warehouse and distribution facility).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAUR, Gurvinder | Secretary | 2024-07-31 | — | — |
| FOULKES, Charles William Howard | Director | 2023-03-10 | Nov 1979 | British |
| HILL, Richard Gordon | Director | 2023-11-21 | May 1971 | British |
| KAUR, Gurvinder | Director | 2003-10-01 | Apr 1968 | British |
| KIMBERLEY, Peter Stuart | Director | 2022-05-19 | Aug 1970 | British |
| POULTER, David Richard | Director | 2024-07-01 | Jan 1970 | British |
| RUDD, Matthew Francis | Director | 2023-03-10 | Nov 1978 | British |
| WALKER, Kerry Ann | Director | 2025-03-01 | Aug 1977 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOWNS, Kevin | Secretary | 2002-11-01 | 2003-03-31 |
| GRANT, Stephen James | Secretary | — | 1996-08-01 |
| HANDS, Stephen James | Secretary | 1996-08-01 | 2000-09-29 |
| KEENE, Mervyn Peter John | Secretary | 2003-04-08 | 2005-05-19 |
| LLOYD, Cheryl Ann | Secretary | 2000-10-16 | 2002-11-01 |
| ROCK, David Steven | Secretary | 2021-01-01 | 2024-07-31 |
| SHEARS, James Charles | Secretary | 2005-05-19 | 2021-01-01 |
| BAILEY, Roger | Director | 2002-09-19 | 2004-01-05 |
| BELLAMY, John | Director | 2003-06-17 | 2023-12-31 |
| CHUTE, Lawrence | Director | 1994-02-01 | 2004-01-05 |
| DOWNS, Kevin | Director | 2000-04-10 | 2003-03-31 |
| FISHER, Martin Paul | Director | 2022-03-01 | 2023-02-08 |
| FURBER, Nevill Dugdale | Director | 1999-01-11 | 2000-09-18 |
| GRANT, Stephen James | Director | — | 2020-07-31 |
| HANDS, Stephen James | Director | 1998-08-26 | 2000-04-10 |
| KEENE, Mervyn Peter John | Director | 2003-04-08 | 2010-06-21 |
| KELLEY, Peter David | Director | 1994-11-11 | 1997-06-12 |
| KELLEY, Peter David | Director | — | 1993-04-30 |
| MORRIS, Derek John | Director | — | 1999-07-08 |
| MORRIS, Philip Harry | Director | — | 2000-04-08 |
| RATCLIFFE, Philip | Director | 1999-07-08 | 2025-01-31 |
| ROCK, David Steven | Director | 2023-03-10 | 2024-07-31 |
| SAGE, Allan Frank | Director | 1994-11-01 | 1996-06-17 |
| SANDERSON, John David | Director | 1994-01-04 | 1994-10-03 |
| SHEARS, James Charles | Director | 2010-06-21 | 2022-05-06 |
| VICARY, Albert Paul | Director | 2003-04-08 | 2005-05-13 |
| WOOD, Anthony John | Director | 1993-10-01 | 2003-05-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 200 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2023-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
+10.7%
£22,242,000 £24,619,000
-
Cash
+156.2%
£505,000 £1,294,000
-
Net assets
+6.2%
£11,574,000 £12,291,000
-
Employees
0%
53 53
-
Operating profit
+234.7%
-£516,000 £695,000
-
Profit before tax
+198%
-£605,000 £593,000
-
Wages
+6.3%
£1,788,000 £1,900,000
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