TBO SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements of Etihad Topco Limited and group companies have been prepared on a going concern basis but with a material uncertainty disclosure. Given the company's reliance and operational interdependence with the wider group, the directors have prepared these accounts on a going concern basis with a material uncertainty disclosure.

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

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements of Etihad Topco Limited and group companies have been prepared on a going concern basis but with a material uncertainty disclosure. Given the company's reliance and operational interdependence with the wider group, the directors have prepared these accounts on a going concern basis with a material uncertainty disclosure.”

Significant events

• “Since November 2024, the Company shifted its business model to introduce customers to a new strategic partner for commercial insurance services.”
• “The company earned a gain of £1,000k on sale of discontinued operations.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -39.7%

  £6,535,977 → £3,938,531

• Cash

  -92.8%

  £1,989,320 → £142,835

• Net assets

  +4.5%

  £8,830,244 → £9,227,654

• Employees

  -39.8%

  103 → 62

• Operating profit

  -122.2%

  £784,538 → -£173,983

• Profit before tax

  +5.3%

  £784,538 → £826,017

• Wages

  -32.4%

  £3,172,585 → £2,145,591

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