TYTO LEASING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-14 (in 3mo)
Last made up 2025-07-31
Watchouts
None on the register
Cash
£1M
+53.9% vs 2023
Net assets
£1M
+38.7% vs 2023
Employees
40
-16.7% vs 2023
Profit before tax
£481K
+120.3% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £20,126,457 | £14,348,922 | |
| Operating profit | £286,870 | £511,374 | |
| Profit before tax | £218,161 | £480,648 | |
| Net profit | £180,898 | £529,984 | |
| Cash | £804,473 | £1,238,129 | |
| Total assets less current liabilities | £2,594,865 | £2,181,917 | |
| Net assets | £905,844 | £1,256,453 | |
| Equity | £905,844 | £1,256,453 | |
| Average employees | 48 | 40 | |
| Wages | £2,686,365 | £2,593,093 | |
| Directors' remuneration | £485,176 | £604,441 |
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
-28.7%
£20,126,457 £14,348,922
-
Cash
+53.9%
£804,473 £1,238,129
-
Net assets
+38.7%
£905,844 £1,256,453
-
Employees
-16.7%
48 40
-
Operating profit
+78.3%
£286,870 £511,374
-
Profit before tax
+120.3%
£218,161 £480,648
-
Wages
-3.5%
£2,686,365 £2,593,093
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.4% | 3.6% | |
| Net margin | 0.9% | 3.7% | |
| Return on capital employed | 11.1% | 23.4% | |
| Current ratio | 1.69x | 1.68x | |
| Interest cover | 4.18x | 16.55x |
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 2 times since incorporation
- TYTO LEASING LIMITED 2023-10-09 → present
- BLUESTONE LEASING LIMITED 2023-08-24 → 2023-10-09
- TYTO LEASING LIMITED 2012-03-30 → 2023-08-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- TYTO LEASING LIMITED · parent
- Bluestone Finance Limited 100%
- Bluestone Leasing Limited 100%
- Bluestone Capital Limited 100%
- Bluestone Trustee Limited 100%
Significant events
- “The group has undertaken its most significant rebrand, since the business was purchased in 2006. The move to rename the group's principal trading business as Bluestone, (by dropping "Leasing" from its trading name), has been one of the most extensive changes in the business's history. This has reflected our evolution from being a lease finance provider, to a specialist provider of a vast array of finance, property, structured and cashflow solutions; for businesses & organisations of all shapes, sectors and sizes, primarily in the UK, but also overseas.”
- “On back of these positive results, the Group has been able to make dividend payments to both the shareholders and the members of its Employee Benefit Trust.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARGREAVES, Mark | Secretary | 2016-01-04 | — | — |
| BENNETT, Phillip James | Director | 2012-03-30 | Nov 1960 | British |
| BOURNE, Jonathan Rowland | Director | 2012-08-21 | May 1968 | British |
| HARGREAVES, Mark | Director | 2016-01-04 | Jul 1984 | British |
| MADAAN, Vineesh | Director | 2012-08-21 | Jul 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MADAAN, Vineesh | Secretary | 2013-06-12 | 2016-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Phillip James Bennett | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm, Significant influence, significant-influence-or-control-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-09 CERTNM Certificate change of name company
- 2023-10-09 CONNOT Change of name notice
- 2023-08-24 CERTNM Certificate change of name company
- 2023-08-24 CONNOT Change of name notice
- 2023-07-20 RESOLUTIONS Resolution
- 2023-07-20 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-16 | AA | accounts | Accounts with accounts type group | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-11 | AA | accounts | Accounts with accounts type group | |
| 2024-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-06 | CH01 | officers | Change person director company with change date | |
| 2024-03-06 | CH01 | officers | Change person director company with change date | |
| 2024-03-06 | CH01 | officers | Change person director company with change date | |
| 2024-03-06 | CH01 | officers | Change person director company with change date | |
| 2023-10-24 | AA | accounts | Accounts with accounts type group | |
| 2023-10-09 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-10-09 | CONNOT | change-of-name | Change of name notice | |
| 2023-08-24 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-08-24 | CONNOT | change-of-name | Change of name notice | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-20 | RESOLUTIONS | resolution | Resolution | |
| 2023-07-20 | MA | incorporation | Memorandum articles | |
| 2023-02-09 | AAMD | accounts | Accounts amended with accounts type group | |
| 2022-10-13 | AA | accounts | Accounts with accounts type group | |
| 2022-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type group |
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.