TG1 HOLDING LTD
Get an alert when TG1 HOLDING LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-19 (in 7mo)
Last made up 2025-12-05
Watchouts
None on the register
Cash
£4M
+73% highest in 6 filed years
Net assets
£15M
-6% vs 2023
Employees
14
+55.6% highest in 6 filed years
Profit before tax
£5M
+50.2% vs 2023
Net assets
10-year trend · vs Consumer Staples median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £20,023,000 | £23,992,818 | |
| Operating profit | — | — | — | — | — | — | — | — | £3,953,788 | £5,436,383 | |
| Profit before tax | — | — | — | — | — | — | — | — | £3,098,265 | £4,652,813 | |
| Net profit | — | £96,593 | — | £96,200 | £303,176 | — | £77,170 | — | £3,173,395 | £3,890,154 | |
| Cash | — | £328,290 | — | £328,672 | £843,378 | — | £175,393 | — | £2,154,726 | £3,727,303 | |
| Total assets less current liabilities | — | £14,785,543 | — | £14,935,369 | £14,795,795 | — | £14,430,215 | — | £32,031,113 | £28,011,504 | |
| Net assets | — | £11,281,356 | — | £11,377,556 | £11,680,732 | — | £11,757,902 | — | £16,045,017 | £15,077,771 | |
| Equity | £11,184,763 | £11,281,356 | £11,281,356 | £11,377,556 | £11,680,732 | £11,680,732 | £11,757,902 | £11,757,902 | £16,045,017 | £15,077,771 | |
| Average employees | — | 5 | — | 5 | 4 | — | 4 | — | 9 | 14 | |
| Wages | — | — | — | — | — | — | — | — | £79,661 | £271,612 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | — | — |
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
+19.8%
£20,023,000 £23,992,818
-
Cash
+73%
£2,154,726 £3,727,303
highest in 6 filed years
-
Net assets
-6%
£16,045,017 £15,077,771
-
Employees
+55.6%
9 14
highest in 6 filed years
-
Operating profit
+37.5%
£3,953,788 £5,436,383
-
Profit before tax
+50.2%
£3,098,265 £4,652,813
-
Wages
+241%
£79,661 £271,612
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 | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 19.7% | 22.7% | |
| Net margin | — | — | — | — | — | — | — | — | 15.8% | 16.2% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 12.3% | 19.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 63.3% | 66.1% | |
| Current ratio | — | — | — | — | — | — | — | — | 1.38x | 0.95x | |
| Interest cover | — | — | — | — | — | — | — | — | 4.59x | 6.73x |
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
- Kreston Reeves 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
- TG1 HOLDING LTD · parent
- Thanet Growers One Limited 100%
- Thanet Growers Six Limited 100%
- Thanet Growers Three Limited 100%
- Thanet Earth Lettuce Limited 100%
- Thanet Energy Limited 42.8%
Significant events
- “During the year the Group acquired a new greenhouse facility, Thanet Earth Lettuce, in order to expand into a new product group within the salad arena. Improvements have been required to the site which have taken some time to implement and created operational difficulties during the year, which have led to initial losses within that business whilst the operating model becomes established.”
- “The Group is investing in a significant upgrade of the facilities at Thanet Earth Lettuce Limited in order to make that business profitable in the coming period. The Directors continue to focus attentions on expanding UK production, with plans for the construction of another glasshouse on the Thanet Earth site under way, and due for completion towards the end of 2025.”
- “The Group are continuing to review ways to increase the level of UK production it is able to sell and has acquired Thanet Growers Seven Limited in the new financial year in order to increase the growing capacity on the Thanet Earth site. The site will be developed over the course of 2025 with first production expected in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAN MALKENHORST, Pleun-Willem | Secretary | 2013-03-04 | — | British |
| BREUGEM, Adrianus Johannes | Director | 2012-11-02 | Jan 1970 | Dutch |
| EVISON, Laura Jane | Director | 2024-12-09 | Jul 1972 | British |
| FLETCHER, Martyn Paul | Director | 2021-07-29 | Apr 1967 | British |
| VAN MALKENHORST, Pleun-Willem | Director | 2023-12-12 | Jul 1982 | Dutch |
| ZWINKELS, Thomas Johannes | Director | 2024-12-09 | Dec 1985 | Dutch |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRAIG, Ian Alexander | Director | 2012-11-02 | 2021-04-30 |
| GROOTSCHOLTEN, Wilhelmus Johannes Maria | Director | 2018-03-26 | 2023-10-17 |
| GROOTSCHOLTEN, Wilhelmus Johannes Maria | Director | 2011-12-05 | 2012-11-02 |
| KALDEN, Pieter Johannes Hendrikus | Director | 2023-07-31 | 2024-03-31 |
| LAMBRIEX, Henricus Jozef Gerardus Marie | Director | 2024-03-31 | 2024-12-04 |
| LAMBRIEX, Henricus Jozef Gerardus Marie | Director | 2019-02-05 | 2023-03-17 |
| VAN DE KAAIJ, Cornelius | Director | 2012-11-02 | 2017-07-27 |
| VAN MALKENHORST, Pleun-Willem | Director | 2012-11-02 | 2018-03-26 |
| VAN OOSTENRIJK, Cornelis | Director | 2017-07-27 | 2019-02-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| A&A Uk Holding Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-12-04 | Active |
| Thanet Earth Investments Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2023-10-17 | Active |
Filing timeline
Last 20 of 66 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-03-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type group | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-30 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-10-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-11 | AA | accounts | Accounts with accounts type group | |
| 2023-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.