TECHTRONIC INDUSTRIES (UK) LTD

1. TECHTRONIC INDUSTRIES (UK) LTD 2010-11-09 → present
2. RYOBI TECHNOLOGIES (UK) LTD 2001-09-11 → 2010-11-09
3. RYOBI POWER EQUIPMENT (U K) LIMITED 1995-10-19 → 2001-09-11
4. RYOBI LAWN & GARDEN (UK), LIMITED 1990-06-21 → 1995-10-19
5. TYROLESE (177) LIMITED 1990-03-08 → 1990-06-21

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis with net assets of £8,298,795 (2023: £14,424,416). The directors believe this level to be appropriate for the following reasons. Based on future operating forecasts of the company and sensitivity analysis of future cashflows, the directors believe the company is well placed to manage its business risks successfully. The company maintains a strong cash balance providing comfort in the knowledge that it could cope with changes in the market place that might effect revenues or operating expenses. The company has considered and is monitoring the principal risks and uncertainties of the business, including its net assets position, and the current political and economic volatility in global markets. Taking into account recent performance and the forecasts of the company over the next 12 months, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual report and accounts.”

Significant events

• “During the year, the company undertook a capital restructure which resulted in share capital of £3.0m and capital contributions of £20.0m being converted into retained earnings. This enabled the company to declare and pay a dividend to its immediate parent company of £13.0m.”
• “In November 2023 an electric vehicle trial was initiated with the aim to reduce the company's carbon emissions. The trial proved successful and as a result, the number of electric cars increased from 5 in 2023 to 16 by the end of 2024.”
• “In December 2024 the company undertook a capital restructure which resulted in capital contributions of £19,986,974 and share capital of £3,000,000 being converted into retained earnings.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

6

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +23.8%

  £248,255,268 → £307,312,884

• Cash

  +131.4%

  £32,565,307 → £75,348,430

• Net assets

  -42.5%

  £14,424,416 → £8,298,795

• Employees

  +29.2%

  271 → 350

• Operating profit

  +0.8%

  £4,940,875 → £4,981,815

• Profit before tax

  +15.9%

  £5,155,434 → £5,975,979

• Wages

  +33%

  £12,003,399 → £15,963,029

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