TEC-SUPPLIES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TEC-SUPPLIES LIMITED 2022-09-09 → present
2. TEC SUPPLIES GROUP LIMITED 2014-09-25 → 2022-09-09
3. TEC DISTRIBUTORS LIMITED 2014-09-01 → 2014-09-25
4. TEC DISTRIBUTORS PLC 2006-07-03 → 2014-09-01
5. TECH ELECTRICAL PLC 1998-12-14 → 2006-07-03
6. TECH ELECTRICAL WHOLESALERS PLC. 1992-12-14 → 1998-12-14

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 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

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 group's and parent 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.”

Group structure

1. TEC-SUPPLIES LIMITED · parent
   1. Adorn Estates Limited 100% · England · Letting of commercial property

Significant events

• “During 2024, the business decided to expand into the south east by opening a new wholesale outlet in Kent. With effect from 1 July 2025 this business will operate as a separate company, with Tec-Supplies Limited taking a significant shareholding.”
• “Shortly after the period end the group's property assets were professionally revalued and these valuations have been incorporated in to these financial statements, increasing the group ret asset value to £13.981m (2023: £11.330m).”

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

Filings

16

last 12 months

Capital events

0

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

  +52.2%

  £35,037,735 → £53,310,198

• Cash

  -59.4%

  £2,120,869 → £861,083

  lowest in 3 filed years

• Net assets

  +23.4%

  £11,329,702 → £13,981,290

  highest in 3 filed years

• Employees

  +14.9%

  101 → 116

  highest in 3 filed years

• Operating profit

  -21.1%

  £1,751,768 → £1,381,918

• Profit before tax

  -29%

  £1,631,425 → £1,159,022

• Wages

  +83.3%

  £3,463,772 → £6,350,704

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