TGA INDUSTRIES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TGA INDUSTRIES LIMITED 2016-07-04 → present
2. DANAHER UK INDUSTRIES LIMITED 2007-01-17 → 2016-07-04
3. DANAHER UK INDUSTRIES (2006) LIMITED 2006-12-06 → 2007-01-17

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements for the year ended 31 December 2024 reflect a strong financial position, with growth in operating profit despite a decline in revenue, resulting in significant cash generated from operations and a net current assets position exceeding £28 million, including a strong cash balance of over £20 million. This position has been further strengthened by the full settlement of the loan payable to Tektronix UK Limited, a wholly owned subsidiary, funded through income from investments, reducing reliance on short-term related party funding. The directors consider this robust financial position to be sustainable, with forecasts indicating continued profits and cash generation through 2025 and 2026.”

Group structure

1. TGA INDUSTRIES LIMITED · parent
   1. Datapaq Ltd 100%
   2. Fluke (UK) Limited 100%
   3. Fluke Precision Measurement Ltd 100%
   4. Infrared Integrated Systems Ltd 100% · England
   5. Tektronix UK Limited 100% · England
   6. TGA Industries Saudi Arabia Ltd 90% · Saudi Arabia
   7. Senstronics Holdings Ltd 50% · London
   8. Senstronics Ltd 50% · London

Significant events

• “Comark Monitoring Solutions were transferred to West from Fluke UK on 1st of July 2024.”
• “On 18 February 2025, the sale of the Basingstoke site was completed, with cash proceeds of £1.2 million received by the company.”
• “On 24 February 2025, the company distributed its minority investment in Datamaran Limited, along with its shareholdings in Fluke Precision Measurements Ltd, Datapaq Ltd, Infrared Integrated Systems Limited, and Fluke UK Ltd, to TGA UK Finance Ltd by way of a dividend distribution of £114m.”
• “On 24 February 2025, TGA UK Finance Ltd transferred its shareholding in TGAI to NPTG UK Holdings II Ltd, thereby establishing NPTG UK Holdings II Ltd as the new parent company of TGA Industries Ltd.”
• “On 21 March 2025, the company sold its shares in Tektronix UK Limited to NPTG UK Holdings I Limited in exchange for a loan note valued at £18,385,393. On the same day, a dividend in specie of £18,385,393 was declared in favour of NPTG UK Holdings II Limited.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -3.8%

  £78,570,000 → £75,575,000

• Cash

  +4.6%

  £19,140,000 → £20,019,000

• Net assets

  +37.9%

  £179,870,000 → £248,006,000

• Employees

  -0.6%

  334 → 332

• Operating profit

  +12.8%

  £6,243,000 → £7,040,000

• Profit before tax

  +2,343.9%

  £5,076,000 → £124,050,000

• Wages

  +10.2%

  £14,534,000 → £16,023,000

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