TEAMSON UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-11 (in 1mo)
Last made up 2025-05-28
Watchouts
Cash
£235K
-28.1% lowest in 3 filed years
Net assets
-£742K
-111.7% lowest in 3 filed years
Employees
13
-35% vs 2023
Profit before tax
-£392K
+48.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 2 in the financial statements, which indicates that the company incurred a net loss of £391,673 during the year ended 31 December 2024 and as at that date, it had net liabilities of £742,427. As stated in note 2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £5,810,507 | £3,336,618 | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | -£760,536 | -£391,673 | |
| Net profit | — | — | — | — | — | -£760,536 | -£391,673 | |
| Cash | £325,155 | — | — | — | — | £326,076 | £234,565 | |
| Total assets less current liabilities | £975,535 | — | — | — | — | £861,196 | £401,710 | |
| Net assets | £975,535 | — | — | — | — | -£350,754 | -£742,427 | |
| Equity | £975,535 | -£532,763 | £1,234,409 | £2,608,246 | £409,782 | -£350,754 | -£742,427 | |
| Average employees | 12 | — | — | — | — | 20 | 13 | |
| Wages | — | — | — | — | — | £506,676 | £470,944 |
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 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net margin | — | — | — | — | — | -13.1% | -11.7% |
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
- CBSL Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2 in the financial statements, which indicates that the company incurred a net loss of £391,673 during the year ended 31 December 2024 and as at that date, it had net liabilities of £742,427. As stated in note 2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- TEAMSON UK LTD · parent
- Teamson AU PTY Ltd 100%
- Teamson Europe BV 100%
- Teamson US Inc. 100%
- Teamson Germany GmbH 100%
Significant events
- “Sales have decreased during 2024 from £5.81m to £3.34m with EU sales transferred into the German subsidiary company but expansion into new sales channels within the UK.”
- “The company has net liabilities as at 31 December 2024 of £742k (2023 - £351k).”
- “The company took action to significantly reduce its stock holdings during 2023 as part of the group's strategic plan and stock lines were sold to the German group entity to provide stock for the European market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SU, Wei-Lun | Director | 2017-05-02 | Aug 1983 | Chinese |
| TSAI SU, A-Yueh | Director | 2017-05-18 | Aug 1949 | Chinese |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PAVARD, Charlotte | Secretary | 2017-03-06 | 2021-03-17 |
| PAVARD, Charlotte | Director | 2017-03-06 | 2021-03-17 |
| WOODS, Gary | Director | 2017-05-02 | 2024-09-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Wei-Lun Su | Individual | Significant influence | 2020-08-06 | Active |
| Mrs Fen-Mei Su | Individual | Shares 75–100%, Voting 75–100% | 2019-08-14 | Ceased 2020-08-06 |
| Mrs Charlotte Pavard | Individual | Significant influence | 2017-03-06 | Ceased 2019-08-13 |
Filing timeline
Last 20 of 57 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | SH01 | capital | Capital allotment shares | |
| 2026-05-05 | SH01 | capital | Capital allotment shares | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | CH01 | officers | Change person director company with change date | |
| 2025-06-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-21 | AA | accounts | Accounts with accounts type full | |
| 2024-01-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-30 | MA | incorporation | Memorandum articles | |
| 2023-10-30 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-26 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-04-25 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-04-21 | AA | accounts | Accounts with accounts type full | |
| 2023-01-03 | CH01 | officers | Change person director company with change date | |
| 2022-12-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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
-42.6%
£5,810,507 £3,336,618
-
Cash
-28.1%
£326,076 £234,565
lowest in 3 filed years
-
Net assets
-111.7%
-£350,754 -£742,427
lowest in 3 filed years
-
Employees
-35%
20 13
-
Profit before tax
+48.5%
-£760,536 -£391,673
-
Wages
-7.1%
£506,676 £470,944
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers