TM CONNECT LIMITED

1. TM CONNECT LIMITED 2021-01-19 → present
2. MI MONEY LIMITED 2020-12-06 → 2021-01-19
3. TM CONNECT LIMITED 2020-12-04 → 2020-12-06
4. MI MONEY LIMITED 2009-07-20 → 2020-12-04

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis. The Company has reported an operating profit for the period ended 31 January 2025 of £803,743 (year ended 31 December 2023: £802,292) and has reported a net assets position of £17,515,116 as at 31 January 2025 (year ended 31 December 2023: £15,575,195). At the ultimate group level (Tomahawk Bidco Limited), the directors have prepared a base case and a forecast with sensitivities, which considers profitability, liquidity and performance for a period of at least 12 months from the date of approval of these financial statements. In assessing the going concern basis of preparation, the directors have considered a severe but plausible downside scenario. This scenario demonstrates that: in the event that there is a continued trading impact from macroeconomic factors over the period and a lessened demand for the Company's services, the Company would still be able to meet its commitments and would be able to take further action such as reducing its overheads in order to do so; the Company would be able to trade through a continued impact, and will have sufficient funds to meet it's liabilities as they fall due for the period of at least 12 months from the date of the approval of these financial statements. As a result the directors believe it remains appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 4 June 2025 the Company sold its Fluid brand including all its intellectual property rights, associated domain names and digital platform to New Day Card Limited for £2.8m with £0.78m payable on completion and £1.01m payable on both the first and second anniversary. The Company also entered into a web hosting agreement with the purchaser”

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

Filings

8

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

  +36.8%

  £2,897,448 → £3,964,211

• Cash

  +25%

  £365,131 → £456,483

• Net assets

  +12.5%

  £15,575,195 → £17,515,116

• Employees

  —

  Not reported

• Operating profit

  +0.2%

  £802,292 → £803,743

• Profit before tax

  +406.9%

  -£697,498 → £2,140,882

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