TET TOPCO LIMITED
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Cash
—
Latest balance sheet
Net assets
£34M
-53.6% vs 2023
Employees
0
Average over period
Profit before tax
-£2M
-29.9% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £0 | -£256,000 | |
| Profit before tax | -£1,791,000 | -£2,326,000 | |
| Net profit | -£1,791,000 | -£2,326,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £73,434,000 | £34,053,000 | |
| Equity | £73,434,000 | £34,053,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Interest cover | 0.00x | -0.12x |
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)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for at least 12 months from the date of signing of these financial statements and believe that it is appropriate to prepare the financial statements on the going concern basis.”
Group structure
- TET TOPCO LIMITED · parent
- Adler and Allan Group Limited 100%
- Adler and Allan Holdings Limited 100%
- Adler & Allan Limited 100%
- E&S Holdings Limited 100%
- E&S Environmental Services Limited 100%
- AJ Bayliss (Petroleum Engineers) Limited 100%
- OHES Environmental Limited 100%
- Adler and Allan EBT Trustee Limited 100%
- Alker Holdings Limited 100%
- AMGS Electrical Limited 100%
- Flotech Performance Systems Limited 100%
- Oneline Surveys Limited 100%
- Jet Aire (DC) Limited 100%
- Aqueous 1st Kwikflow Limited 100%
- Aqua Consultants Limited 100%
- Detectronic Holdings Limited 100%
- Detectronic Limited 100%
- Detectronic GmbH 100%
- Tet Midco Limited 100%
- Tet Bidco Limited 100%
- Public Sewer Services Limited 100%
- Public Water Services Limited 100%
- QEMS Limited 100%
- QEM Services Limited 100%
- Utility Line Ltd 100%
- A&A Federal Services, LLC 100%
Significant events
- “On 16 August 2024, the Group completed a change in investment partners which resulted in Private Equity at Goldman Sachs Alternatives acquiring control of the Group for an undisclosed consideration.”
- “An impact on the Group of the change in investment partners is the change of debt structure. The new funding arrangement will provide a platform to support the Group in its next stage of growth both organically and through further acquisitions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAPLES COMPANY SECRETARY (JERSEY) LIMITED | Corporate Secretary | 2020-12-30 | — | — |
| BOYLE, Andrew Iain | Director | 2024-08-16 | Oct 1967 | British |
| PEDERSEN, Henrik Vorgod | Director | 2024-08-16 | Dec 1965 | Danish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DACCUS, Paul David | Director | 2020-12-30 | 2024-08-16 |
| WYNDHAM, Alexander Harry John Valentine | Director | 2020-12-30 | 2024-08-16 |
Ownership
Persons with significant control
Filing timeline
Last 13 of 13 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | AA | accounts | Accounts with accounts type group | |
| 2025-03-28 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2025-03-28 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2025-03-27 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2025-03-27 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2025-03-24 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2023-12-14 | AA | accounts | Accounts with accounts type full | |
| 2022-11-25 | AA | accounts | Accounts with accounts type full | |
| 2020-12-30 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2020-12-30 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2020-12-30 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2020-12-30 | OSIN01 | incorporation | Register overseas company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- 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 2024-11-30 vs 2023-11-30
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-53.6%
£73,434,000 £34,053,000
-
Employees
—
Not reported
-
Profit before tax
-29.9%
-£1,791,000 -£2,326,000
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