TOR COATINGS LIMITED

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

• Turnover

  +7%

  £84,567,711 → £90,520,616

• Cash

  —

  Not reported

• Net assets

  +26.2%

  £28,134,041 → £35,499,142

• Employees

  -1.4%

  359 → 354

• Operating profit

  +36%

  £6,756,551 → £9,192,280

• Profit before tax

  +21.4%

  £7,960,582 → £9,662,417

• Wages

  +7.3%

  £14,357,295 → £15,403,675

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

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.

1. TOR COATINGS LIMITED 2002-10-22 → present
2. DEANCOVE LIMITED 2002-08-06 → 2002-10-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on a going concern basis on the grounds that the company expects to meet its liabilities as they fall due. The directors have reached this conclusion after undertaking a detailed review of the company's trading and cash flow forecasts and the financial facilities available to the company.”

Significant events

• “In financial year 2025, turnover increased by 7% to £90.5m. Tor benefited from a strong professional trade market. There was also a resilience in the DIY market which aided the company.”
• “Our operating profit increase by 36.0% to £9.1m. The above factors drove a strong operating performance.”
• “As a business we are adapting to those challenges by offering a drop ship logistic services to our DIY and merchant customers. This model was launched in financial year 2022 and has so far proved to be a key growth driver in our business.”
• “During the year the board has been dedicated to fostering positive relationships with its employees and ensuring that their concerns and aspirations were considered. A key aspect of this engagement process was the discussion and implementation of pay increases for employees in light of the continued cost-of-living crisis throughout the UK.”
• “In addition, during the year, the Company introduced an all-employee town hall meeting as part of its commitment to open communication and engagement with its workforce.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.