TLC (SOUTHERN) LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£26M
+2.4% highest in 3 filed years
Net assets
£44M
+7.1% highest in 3 filed years
Employees
414
+3.2% highest in 3 filed years
Profit before tax
£7M
-13.4% lowest in 3 filed years
Name history
Renamed 1 time since incorporation
- TLC (SOUTHERN) LIMITED 1990-04-26 → present
- BENCHHURST LIMITED 1990-03-13 → 1990-04-26
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-05-31
| Metric | Trend | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £106,014,550 | £110,564,201 | |
| Operating profit | — | — | — | — | — | £6,789,054 | £5,700,022 | |
| Profit before tax | — | — | — | — | £6,967,897 | £7,705,498 | £6,669,578 | |
| Net profit | — | — | — | — | £5,571,893 | £5,724,419 | £4,936,675 | |
| Cash | — | — | — | — | £22,054,735 | £25,182,957 | £25,785,557 | |
| Total assets less current liabilities | — | — | — | — | £38,313,625 | £41,690,919 | £44,693,841 | |
| Net assets | — | — | — | — | £37,705,108 | £41,429,527 | £44,366,202 | |
| Equity | £23,811,132 | £20,934,320 | £29,966,865 | — | £37,705,108 | £41,429,527 | £44,366,202 | |
| Average employees | — | — | — | — | 395 | 401 | 414 | |
| Wages | — | — | — | — | £11,931,292 | £13,223,760 | £14,118,674 |
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 | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 6.4% | 5.2% | |
| Net margin | — | — | — | — | — | 5.4% | 4.5% | |
| Return on capital employed | — | — | — | — | — | 16.3% | 12.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 24.2% | 22.7% | |
| Current ratio | — | — | — | — | — | 3.75x | 3.97x | |
| Interest cover | — | — | — | — | — | 103.96x | 62.99x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The directors have considered relevant information, including the group's principal risks and uncertainties, the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”
Group structure
- TLC (SOUTHERN) LIMITED · parent
- UK Electrical Wholesale Limited 100%
Significant events
- “Acquisition of an additional outlet post year end without having to rely on financial institutions, avoiding additional financial costs.”
- “On 29 October 2024 the group acquired 100% of the issued capital of UK Electrical Wholesale Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GREENWOOD, Nigel | Secretary | — | — | British |
| CARR, Terence John | Director | — | Jun 1951 | British |
| GREENWOOD, Nigel | Director | — | Feb 1957 | British |
| MACGREGOR, Robert Donald Gregor | Director | 1993-04-01 | Jul 1962 | British |
| WEST, Peter Charles | Director | — | Jun 1955 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter Charles West | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Terence John Carr | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Nigel Greenwood | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 112 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-18 RESOLUTIONS Resolution
- 2026-04-18 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-18 | MA | incorporation | Memorandum articles | |
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2026-02-27 | AA | accounts | Accounts with accounts type group | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-31 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-22 | CH01 | officers | Change person director company with change date | |
| 2024-03-22 | CH01 | officers | Change person director company with change date | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-28 | AA | accounts | Accounts with accounts type full | |
| 2023-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-28 | AA | accounts | Accounts with accounts type full | |
| 2023-01-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-23 | CH01 | officers | Change person director company with change date | |
| 2022-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-04-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-02-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+4.3%
£106,014,550 £110,564,201
-
Cash
+2.4%
£25,182,957 £25,785,557
highest in 3 filed years
-
Net assets
+7.1%
£41,429,527 £44,366,202
highest in 3 filed years
-
Employees
+3.2%
401 414
highest in 3 filed years
-
Operating profit
-16%
£6,789,054 £5,700,022
-
Profit before tax
-13.4%
£7,705,498 £6,669,578
lowest in 3 filed years
-
Wages
+6.8%
£13,223,760 £14,118,674
highest in 3 filed years
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