TCL TANKER RENTAL LIMITED

1. TCL TANKER RENTAL LIMITED 2012-07-05 → present
2. QUALITY STAINLESS STEELS LIMITED 1993-03-05 → 2012-07-05

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

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors acknowledge there is an inherent uncertainty in the projections due to the level of estimation involved but believe that the company will continue to make good progress towards growth and increasing fleet size. The directors are also satisfied that the company has and will continue to have access to sufficient funding facilities for a minimum period of twelve months from the date of authorising the financial statements. Having considered all of the above factors, the directors have determined that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “rising employment and supplier costs resulted in overheads increasing.”

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

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

  +22.6%

  £7,540,584 → £9,242,490

  highest in 3 filed years

• Cash

  -4.8%

  £510,154 → £485,896

• Net assets

  +9.6%

  £8,052,505 → £8,823,898

• Employees

  +8%

  25 → 27

• Operating profit

  +0.7%

  £1,612,895 → £1,623,462

• Profit before tax

  -9.6%

  £1,145,204 → £1,035,024

  lowest in 3 filed years

• Wages

  +9.7%

  £1,118,930 → £1,227,275

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