TIFFIN SANDWICHES LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
None on the register
Cash
£475K
+279.8% vs 2024
Net assets
£8M
+45.6% vs 2024
Employees
698
+26% vs 2024
Profit before tax
£5M
+42% vs 2024
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · latest reflected 2025-05-31
| Metric | Trend | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £46,787,597 | £57,168,493 | |
| Operating profit | — | — | £3,443,523 | £4,816,454 | |
| Profit before tax | — | — | £3,265,875 | £4,636,169 | |
| Net profit | — | — | £2,269,243 | £3,413,167 | |
| Cash | — | — | £125,006 | £474,825 | |
| Total assets less current liabilities | — | — | £8,386,341 | £10,544,202 | |
| Net assets | — | — | £5,291,884 | £7,705,051 | |
| Equity | £3,013,308 | £2,843,091 | £5,291,884 | £7,705,051 | |
| Average employees | — | — | 554 | 698 | |
| Wages | — | — | £12,998,328 | £15,058,703 | |
| Directors' remuneration | — | — | £123,327 | £123,505 |
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
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+22.2%
£46,787,597 £57,168,493
-
Cash
+279.8%
£125,006 £474,825
-
Net assets
+45.6%
£5,291,884 £7,705,051
-
Employees
+26%
554 698
-
Operating profit
+39.9%
£3,443,523 £4,816,454
-
Profit before tax
+42%
£3,265,875 £4,636,169
-
Wages
+15.9%
£12,998,328 £15,058,703
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 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 7.4% | 8.4% | |
| Net margin | — | — | 4.9% | 6.0% | |
| Return on capital employed | — | — | 41.1% | 45.7% | |
| Gearing (liabilities / total assets) | — | — | 68.4% | 64.8% | |
| Current ratio | — | — | 0.79x | 0.88x | |
| Interest cover | — | — | 19.20x | 26.54x |
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
- Consolidated group
- Auditor
- Clive Owen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the company's ability to continue as a going concern, the directors have considered several severe but plausible downside scenarios that could significantly impact the business. ... As a result, the directors are confident in the company's ability to continue as a going concern for the foreseeable future.”
Group structure
- TIFFIN SANDWICHES LIMITED · parent
- Street Eats Food Limited 100%
- PJ's Foods Limited 100%
Significant events
- “Acquisition of PJ's Foods Ltd, Glasgow (02 April 2025)”
- “Subsequent to year end, the Group acquired Love Bites Food Ltd, a complementary manufacturing business based in Bradford. (13 August 2025)”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLANN, Paul Timothy | Secretary | 2002-07-08 | — | British |
| BLANN, Paul Timothy | Director | 2020-06-26 | Jun 1962 | English |
| COX, Gavin Eliot | Director | 2020-06-26 | Dec 1968 | British |
| MCLEAN, Douglas David | Director | 2000-08-30 | Jun 1968 | English |
| SALISBURY, Mark William | Director | 2020-06-26 | Oct 1967 | English |
| THOMAS, Christopher | Director | 2020-06-26 | Jan 1958 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENHOUGH, Martin James | Secretary | 2000-08-30 | 2002-07-08 |
| ROBINSON, Lawrence | Secretary | 2002-01-21 | 2002-07-31 |
| HCS SECRETARIAL LIMITED | Corporate Nominee Secretary | 2000-06-08 | 2000-06-08 |
| GREENHOUGH, Martin James | Director | 2021-02-10 | 2022-02-09 |
| RYAN, Michael | Director | 2017-05-25 | 2021-02-09 |
| VAREY, John | Director | 2009-10-01 | 2013-03-15 |
| HANOVER DIRECTORS LIMITED | Corporate Nominee Director | 2000-06-08 | 2000-06-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tc Sandwich Holdings Ltd | Corporate entity | Shares 25–50% | 2024-06-01 | Active |
| Mr Douglas David Mclean | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-17 | AA | accounts | Accounts with accounts type group | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type group | |
| 2024-06-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type group | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-26 | SH08 | capital | Capital name of class of shares | |
| 2023-02-21 | AA | accounts | Accounts with accounts type group | |
| 2022-12-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-10 | AA | accounts | Accounts with accounts type full | |
| 2021-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-25 | CH01 | officers | Change person director company with change date | |
| 2021-03-24 | AA | accounts | Accounts with accounts type full | |
| 2021-02-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-02-10 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.