TS GROUP INTERNATIONAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-01 (in 5mo)
Last made up 2025-09-17
Watchouts
Cash
£939K
+32.4% highest in 3 filed years
Net assets
£3M
-19.4% vs 2023
Employees
110
+29.4% highest in 3 filed years
Profit before tax
-£1M
-188.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £18,543,659 | £18,502,316 | |
| Operating profit | — | — | — | — | £1,238,795 | -£837,315 | |
| Profit before tax | — | — | — | — | £1,131,943 | -£1,003,803 | |
| Net profit | — | — | — | — | £766,705 | -£948,351 | |
| Cash | £59,139 | — | — | — | £709,259 | £939,192 | |
| Total assets less current liabilities | £2,383,099 | — | — | — | £5,614,373 | £4,909,098 | |
| Net assets | £1,503,297 | — | — | — | £3,424,221 | £2,758,864 | |
| Equity | £1,503,297 | £1,522,472 | £1,742,290 | £1,835,395 | £3,424,221 | £2,758,864 | |
| Average employees | 3 | — | — | — | 85 | 110 | |
| Wages | — | — | — | — | £3,519,412 | £4,709,837 | |
| Directors' remuneration | — | — | — | — | £718,842 | £943,705 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.2%
£18,543,659 £18,502,316
-
Cash
+32.4%
£709,259 £939,192
highest in 3 filed years
-
Net assets
-19.4%
£3,424,221 £2,758,864
-
Employees
+29.4%
85 110
highest in 3 filed years
-
Operating profit
-167.6%
£1,238,795 -£837,315
-
Profit before tax
-188.7%
£1,131,943 -£1,003,803
-
Wages
+33.8%
£3,519,412 £4,709,837
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 6.7% | -4.5% | |
| Net margin | — | — | — | — | 4.1% | -5.1% | |
| Return on capital employed | — | — | — | — | 22.1% | -17.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 67.1% | 72.7% | |
| Current ratio | — | — | — | — | 1.48x | 1.33x | |
| Interest cover | — | — | — | — | 11.00x | -4.70x |
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.
Name history
Renamed 3 times since incorporation
- TS GROUP INTERNATIONAL LIMITED 2017-02-15 → present
- OEM PUMPS LTD 2015-04-10 → 2017-02-15
- SMALL PUMPS LIMITED 2000-07-21 → 2015-04-10
- LEIGH PUMPS LIMITED 1999-09-14 → 2000-07-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- affinia
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, I have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work I have performed, I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TS GROUP INTERNATIONAL LIMITED · parent
- Sychem Limited 100%
- Tapflo (UK) Ltd 80%
- TS Pumps Limited 100%
- So Creative Marketing Limited 100%
- Tapflo Gulf General Trading LLC 100%
- Process Products Direct Limited 90%
- Sychem Surgical Limited 75%
- TSM Pumps LLP 100%
Significant events
- “The company had decided to expand into the medical equipment sales and servicing field during 2023 through the acquisition of an instrument manufacturer, which joined the group in 2024. This has proved to be problematic and the decision to close this business was made at the end of the year.”
- “The manufacture of medical equipment has now ceased and it is the board's intention to wind-up the subsidiary company within the coming year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARNES, Tania Jane | Secretary | 2000-07-07 | — | British |
| BARNES, Luke | Director | 2023-12-20 | Aug 1995 | British |
| BARNES, Michael | Director | 1999-09-14 | Dec 1964 | British |
| BARNES, Tania Jane | Director | 2017-04-06 | Jan 1968 | British |
| FAULKNER, Andrew Stuart | Director | 2024-01-02 | May 1970 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SCOREY, Roy William | Secretary | 1999-09-14 | 2000-07-07 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1999-09-14 | 1999-09-14 |
| HALLYBONE., Michael John | Director | 2017-04-06 | 2023-02-13 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1999-09-14 | 1999-09-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Barnes | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
| Mrs Tania Jane Barnes | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-18 MA Memorandum articles
- 2024-10-18 RESOLUTIONS Resolution
- 2024-10-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-21 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type group | |
| 2024-10-18 | MA | incorporation | Memorandum articles | |
| 2024-10-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-04 | SH01 | capital | Capital allotment shares | |
| 2024-10-04 | SH01 | capital | Capital allotment shares | |
| 2024-10-04 | SH01 | capital | Capital allotment shares | |
| 2024-02-07 | CH01 | officers | Change person director company with change date | |
| 2024-01-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | AA | accounts | Accounts with accounts type group | |
| 2023-12-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-27 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 3
- 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.