TIP TRAILER SERVICES UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-28 (in 1mo)
Last made up 2025-06-14
Watchouts
None on the register
Cash
£60K
-97.3% vs 2023
Net assets
£63M
-3.5% vs 2023
Employees
744
+10.5% vs 2023
Profit before tax
£2M
+141% vs 2023
Name history
Renamed 1 time since incorporation
- TIP TRAILER SERVICES UK LIMITED 2013-10-28 → present
- GLOBAL TIP UK LIMITED 2013-06-14 → 2013-10-28
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £216,189,000 | £283,862,000 | |
| Operating profit | £17,094,000 | £25,397,000 | |
| Profit before tax | -£4,229,000 | £1,732,000 | |
| Net profit | -£3,398,000 | £2,207,000 | |
| Cash | £2,212,000 | £60,000 | |
| Total assets less current liabilities | £464,112,000 | £523,427,000 | |
| Net assets | £65,781,000 | £63,488,000 | |
| Equity | £65,781,000 | £63,488,000 | |
| Average employees | 673 | 744 | |
| Wages | £25,986,000 | £28,901,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.9% | 8.9% | |
| Net margin | -1.6% | 0.8% | |
| Return on capital employed | 3.7% | 4.9% | |
| Current ratio | 0.47x | 0.74x | |
| Interest cover | 0.84x | 0.90x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has net current liabilities of £18.7 million as at 31 December 2024 and therefore the directors have obtained a letter of support from the immediate parent company, Global TIP Holdings Two B.V., a company incorporated in Netherlands. The letter of support confirms that Global TIP Holdings Two B.V. will support the Company to meet all liabilities for a period to 30 September 2026, which is consistent with the Company's going concern assessment period. The directors have assessed the ability of Global TIP Holdings Two B.V. to provide this support and have no concerns.”
Group structure
- TIP TRAILER SERVICES UK LIMITED · parent
- Trailer Auto Group Limited 1%
- C.E.M Scotland Limited 1%
- William Tanker Services Limited 1%
- Grayrentals Limited 1%
Significant events
- “On March 1 2024 in order to simplify TIP Group's legal structure, the net assets of C.E.M. Scotland Limited, were transferred to the Company, via a dividend in specie for £273 thousand. At this point, C.E.M. Scotland discontinued its operational activity.”
- “On October 28, 2024 the Company acquired 100% of shares of Trailer Auto Group Limited for £9.3 million, which is a workshop business with one strategic workshop in Stoke-on-Trent.”
- “As at the date of preparation of these financial statements, the Company's management is planning to finish the C.E.M. Scotland and Grayrentals dissolution in 2025, as these are entities no longer active.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2013-10-25 | — | — |
| BEADLE, Paul Laurence | Director | 2017-11-30 | Sep 1969 | British |
| FURNIVAL, Michael Robert | Director | 2015-07-31 | Apr 1963 | British |
| KRAAIJ, Gerard Reinder | Director | 2026-03-16 | Mar 1974 | Dutch |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SH COMPANY SECRETARIES LIMITED | Corporate Secretary | 2013-06-14 | 2013-10-25 |
| BEADLE, Paul Laurence | Director | 2013-10-25 | 2015-07-31 |
| DELAMORE, Karen Ann | Director | 2013-10-25 | 2017-11-30 |
| FAST, Robert Alain | Director | 2013-10-25 | 2025-12-09 |
| LEI, Shi | Director | 2013-06-14 | 2013-10-25 |
| MCENROE, Malachy | Director | 2013-10-25 | 2019-12-09 |
| SUN, Xiaoyi | Director | 2013-06-14 | 2013-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cube Transportation Europe Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-01 | Active |
Filing timeline
Last 20 of 96 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-28 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-13 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-06-13 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2023-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2022-12-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+31.3%
£216,189,000 £283,862,000
-
Cash
-97.3%
£2,212,000 £60,000
-
Net assets
-3.5%
£65,781,000 £63,488,000
-
Employees
+10.5%
673 744
-
Operating profit
+48.6%
£17,094,000 £25,397,000
-
Profit before tax
+141%
-£4,229,000 £1,732,000
-
Wages
+11.2%
£25,986,000 £28,901,000
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