TRUST TEES 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

  +17%

  £30,038,407 → £35,139,368

• Cash

  -191.2%

  £42,828 → -£39,068

• Net assets

  -0.1%

  £5,465,343 → £5,458,935

• Employees

  +2.2%

  416 → 425

  highest in 6 filed years

• Operating profit

  +23.3%

  -£2,148,979 → -£1,649,138

• Profit before tax

  +1,690.8%

  £10,504 → £188,104

• Wages

  +15.9%

  £20,095,102 → £23,281,005

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. TRUST TEES LIMITED 2014-11-26 → present
2. TRUST TEES PLC 2011-01-18 → 2014-11-26

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we 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 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 group's or 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

1. TRUST TEES LIMITED · parent
   1. Stanley Tee LLP 100% · UK · Solicitors
   2. Tees Financial Ltd 100% · UK · Independent financial advisors

Significant events

• “Investment in new hires has continued in line with the growth strategy and both turnover and profit have increased.”
• “Success in other sectors, particularly in the Commercial Property team who generated income growth of 33%.”
• “The Corporate sector continues to be a focus for growth, and two new partners joined this team during the year.”
• “Tees Financial faced a challenging year. Although income grew 17% year on year, the investment in an increased cost base to support the future growth of the business is not yet returning a profit.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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