Cash

£8M

-23.2% vs 2019

Net assets

£15M

+7.4% vs 2019

Employees

25

Average over period

Profit before tax

Period ending 2020-10-31

Profile

Company number
SC131733
Status
Active
Incorporation
1991-05-09
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
52290
Hubs
UK Logistics & Mobility

Net assets

2-year trend · vs UK Logistics & Mobility median

£0£10m£20m20192020
TARGE TOWING LIMITED

Accounts

2-year trend · latest 2020-10-31

Metric Trend 2019-10-312020-10-31
Turnover
Operating profit
Profit before tax
Net profit
Cash £10,640,412£8,174,626
Total assets less current liabilities £14,090,533£14,919,200
Net assets £13,886,618£14,919,200
Equity £13,886,618£14,919,200
Average employees 25
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors of the Company's immediate parent company Forth Ports Limited have considered the financial requirements of the Group through the preparation of annual budgets and cash flow forecasts covering the next five financial years and set these against the cash and banking facilities available to the Group. These financial forecasts have been stress tested to reflect the potential impact of downside events and scenarios, including the ongoing uncertain UK and global economic environment and continuing geopolitical instability, to ensure the Group would retain headroom within its banking facilities. In February 2024 the Group successfully refinanced its bank facilities for a further five years to February 2029 adding support to the going concern assessment. The full repayment dates and covenants associated with these facilities do not form part of this report, however they are included in the Forth Ports consolidated financial statements which are publicly available as disclosed in Note 12. After making enquiries, the directors have a reasonable expectation that the Group will be able to meet its financial obligations as they fall due and has adequate resources to continue in operational existence for the foreseeable future. On this basis, and with a letter of support from the Group, the Directors of the Company therefore have a reasonable expectation that the Group will be able to support the Company for the foreseeable future, being at least 12 months from the signing of this report. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

5 active · 8 resigned

Name Role Appointed Born Nationality
SMYTH, Pamela June Secretary 2021-01-08
DORMAN, Nicholas Rodger Vause, Captaini Director 1991-08-30 Feb 1965 British
MACGREGOR, Stuart Alastair Director 2024-12-09 Feb 1971 British
WALLACE, Stuart James Director 2021-01-08 Apr 1970 British
WOOLLEY, Thomas Richard Director 1991-06-17 Dec 1946 British
Show 8 resigned officers
Name Role Appointed Resigned
WOOLLEY, Josephine Elizabeth Hathaway Secretary 1991-06-17 2021-01-08
OSWALDS OF EDINBURGH LIMITED Corporate Nominee Secretary 1991-05-09 1991-06-17
CLOODTS, Marc Karel Emmanuel Maria Director 1994-01-01 2021-01-08
CRAN, Carole Jean Director 2021-01-08 2024-11-08
HAMMOND, Charles Graham Director 2021-01-08 2024-06-30
MANNING, Charles Philip Warner Director 2007-05-21 2010-03-22
WOOLLEY, Josephine Elizabeth Hathaway Director 1991-06-17 2021-01-08
JORDANS (SCOTLAND) LIMITED Corporate Nominee Director 1991-05-09 1991-06-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Forth Ports Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-01-08 Active
Mr Thomas Richard Woolley Individual Voting 50–75% 2016-07-01 Ceased 2021-01-08

Filing timeline

Last 20 of 140 total filings

Date Type Category Description
2026-04-23 CS01 confirmation-statement confirmation statement with no updates
2025-06-24 AA accounts accounts with accounts type full
2025-05-09 CS01 confirmation-statement confirmation statement with no updates
2024-12-09 AP01 officers appoint person director company with name date
2024-11-15 TM01 officers termination director company with name termination date
2024-07-05 TM01 officers termination director company with name termination date
2024-06-28 AA accounts accounts with accounts type full
2024-05-20 CS01 confirmation-statement confirmation statement with no updates
2023-12-22 MR01 mortgage mortgage create with deed with charge number charge creation date
2023-07-26 AA accounts accounts with accounts type full
2023-05-09 CS01 confirmation-statement confirmation statement with no updates
2022-09-30 AA accounts accounts with accounts type full
2022-05-10 CS01 confirmation-statement confirmation statement with no updates
2021-05-13 CS01 confirmation-statement confirmation statement with updates
2021-03-23 AA accounts accounts with accounts type small
2021-01-14 AA01 accounts change account reference date company current extended
2021-01-14 AP01 officers appoint person director company with name date
2021-01-14 AP01 officers appoint person director company with name date
2021-01-14 AP01 officers appoint person director company with name date
2021-01-14 AP03 officers appoint person secretary company with name date

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page