TESLA HOLDINGS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Consolidated group

Auditor

Malcolm Piper & Company Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. TESLA HOLDINGS LIMITED · parent
   1. Thermco Electricals Limited 100% · Dormant
   2. Tesla UK Limited 100% · Distribution of heating and plumbing supplies
   3. Bowbros Limited 100% · Supplier of gas-cooker hoses, valves & fittings

Significant events

• “On 21 August 2024, the company purchased 160 B Ordinary Shares of £1.00 each of the company by the way of purchase of own shares for a consideration of £3,673.74 per share.”

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

Filings

18

last 12 months

Capital events

4

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +3%

  £14,257,233 → £14,682,688

• Cash

  -9.1%

  £114,647 → £104,190

• Net assets

  +13.8%

  £6,142,861 → £6,988,755

• Employees

  -6.9%

  29 → 27

• Operating profit

  -3.5%

  £1,497,499 → £1,444,873

• Profit before tax

  -0.3%

  £1,333,819 → £1,330,110

• Wages

  +1.8%

  £995,716 → £1,013,882

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