TESLA UK LIMITED
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Cash
£305k
+504.2% highest in 3 filed years
Net assets
£8.4m
+31.2% highest in 3 filed years
Employees
23
0% vs 2024
Profit before tax
£2.2m
-12.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £13,316,869 | £13,814,038 | £12,814,794 | -7.2% | |
| Operating profit | £1,994,346 | £2,653,214 | £2,289,037 | -13.7% | |
| Profit before tax | £1,909,310 | £2,567,690 | £2,242,780 | -12.7% | |
| Net profit | £1,584,005 | £2,129,685 | £1,782,616 | -16.3% | |
| Cash | £92,454 | £50,493 | £305,058 | +504.2% | |
| Total assets less current liabilities | £6,570,954 | £7,044,982 | £8,437,574 | +19.8% | |
| Net assets | £5,872,800 | £6,430,179 | £8,437,574 | +31.2% | |
| Equity | £5,872,800 | £6,430,179 | £8,437,574 | +31.2% | |
| Average employees | 25 | 23 | 23 | 0% | |
| Wages | £712,316 | £720,482 | £739,946 | +2.7% | |
| Directors' remuneration | £2,684 | £2,218 | £2,218 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 15.0% | 19.2% | 17.9% | |
| Net margin | 11.9% | 15.4% | 13.9% | |
| Return on capital employed | 30.4% | 37.7% | 27.1% | |
| Gearing (liabilities / total assets) | 42.0% | 41.1% | 23.4% | |
| Current ratio | 1.68x | 1.76x | 2.69x | |
| Interest cover | 22.97x | 31.02x | 46.29x |
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 1 time since incorporation
- TESLA UK LIMITED 2008-08-13 → present
- BUSINESS EXECUTIVE AIRLINES LIMITED 2007-02-02 → 2008-08-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Malcolm Piper & Company Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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
- TESLA UK LIMITED · parent
- Bowbros Limited 100%
- Alset Property Limited 100%
Significant events
- “On 15 January 2026, the group completed the sale of Alset Property Limited for a consideration of £3,270,000. The carrying value of the net assets on disposal were £3,270,001, leading to loss of £1 being recognised on disposal.”
- “There is a cross-guarantee in place in respect of bank facilities of group companies. At 31 December 2025 the amount outstanding was £nil (2024: £88,862).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CASSELLA, Nicholas | Director | 2026-01-16 | Jun 1961 | American |
| QUINN, Patricia Anne | Director | 2016-04-04 | Apr 1965 | British |
| ST. MARTIN, Dan | Director | 2026-01-16 | May 1975 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARDCASTLE, Christine | Secretary | 2007-02-02 | 2018-01-31 |
| TAYLOR, Keith | Secretary | 2018-02-07 | 2026-01-16 |
| A.C. SECRETARIES LIMITED | Corporate Secretary | 2007-02-02 | 2007-02-02 |
| DURHAM, Steve Colin | Director | 2011-12-01 | 2015-12-07 |
| HARDCASTLE, Christine | Director | 2011-06-01 | 2018-01-31 |
| HARDCASTLE, John Robert | Director | 2012-03-16 | 2026-01-16 |
| HARDCASTLE, John Robert | Director | 2007-02-02 | 2012-01-31 |
| HOWES, Dean Alan | Director | 2018-01-31 | 2026-01-16 |
| TAYLOR, Keith | Director | 2018-01-31 | 2026-01-16 |
| A.C. DIRECTORS LIMITED | Corporate Director | 2007-02-02 | 2007-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tesla Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-01-31 | Active |
| Mrs Christine Hardcastle | Individual | Shares 25–50% | 2017-02-12 | Ceased 2018-01-31 |
| Mr John Robert Hardcastle | Individual | Shares 50–75% | 2017-02-12 | Ceased 2018-01-31 |
| Mrs Christine Hardcastle | Individual | Shares 25–50% | 2017-02-12 | Ceased 2018-01-31 |
| Mr John Robert Hardcastle | Individual | Shares 50–75% | 2017-02-12 | Ceased 2018-01-31 |
Filing timeline
Last 20 of 102 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-05-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-05-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-05-20 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
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.