TIP TRAILER SERVICES UK LIMITED
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Cash
£7k
-88.3% lowest in 3 filed years
Net assets
£81m
+27.6% highest in 3 filed years
Employees
744
0% vs 2024
Profit before tax
£3.9m
+124.1% highest in 3 filed years
Net assets
3-year trend · vs Industrials 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 | £216,189,000 | £283,862,000 | £323,225,000 | +13.9% | |
| Operating profit | £17,094,000 | £25,397,000 | £32,669,000 | +28.6% | |
| Profit before tax | -£4,229,000 | £1,732,000 | £3,882,000 | +124.1% | |
| Net profit | -£3,398,000 | £2,207,000 | £2,532,000 | +14.7% | |
| Cash | £2,212,000 | £60,000 | £7,000 | -88.3% | |
| Total assets less current liabilities | £464,112,000 | £523,427,000 | £583,342,000 | +11.4% | |
| Net assets | £65,781,000 | £63,488,000 | £81,020,000 | +27.6% | |
| Equity | £65,781,000 | £63,488,000 | £81,020,000 | +27.6% | |
| Average employees | 673 | 744 | 744 | 0% | |
| Wages | £25,986,000 | £28,901,000 | £30,124,000 | +4.2% | |
| Directors' remuneration | £697,000 | £636,000 | £679,000 | +6.8% |
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 | 7.9% | 8.9% | 10.1% | |
| Net margin | -1.6% | 0.8% | 0.8% | |
| Return on capital employed | 3.7% | 4.9% | 5.6% | |
| Gearing (liabilities / total assets) | — | 89.3% | 87.2% | |
| Current ratio | 0.47x | 0.74x | 1.37x | |
| Interest cover | 0.84x | 0.90x | 1.17x |
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
- TIP TRAILER SERVICES UK LIMITED 2013-10-28 → present
- GLOBAL TIP UK LIMITED 2013-06-14 → 2013-10-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation that the Company can continue as going concern to 30 September 2027. Accordingly, these financial statements have been prepared on the going concern basis.”
Group structure
- TIP TRAILER SERVICES UK LIMITED · parent
- William Tankers Services Limited 100%
- C.E.M Scotland Limited 100%
- Trailer Auto Group Limited 100%
- Renmak Ltd 100%
Significant events
- “On November 11, 2025 in order to simplify TIP Group's legal structure, Grayrentals Limited has been announced by Companies Register as legally dissolved. CEM Scotland Limited and Renmak Ltd are prepared for the dissolution in 2026.”
- “During the financial year, the Company received an injection of capital from its immediate parent company Global TIP Holdings Two B.V. in amount of £15 million.”
- “As of 1st January, 2026 the Renmak Ltd transferred the majority of its assets and liabilities to the Company as dividend in amount of £810 thousand and discontinued its operational activity.”
- “Additionally C.E.M. Scotland and Renmak Ltd. are planned to be dissolved in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2013-10-25 | — | — |
| BEADLE, Paul Laurence | Director | 2017-11-30 | Sep 1969 | British |
| FURNIVAL, Michael Robert | Director | 2015-07-31 | Apr 1963 | British |
| KRAAIJ, Gerard Reinder | Director | 2026-03-16 | Mar 1974 | Dutch |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SH COMPANY SECRETARIES LIMITED | Corporate Secretary | 2013-06-14 | 2013-10-25 |
| BEADLE, Paul Laurence | Director | 2013-10-25 | 2015-07-31 |
| DELAMORE, Karen Ann | Director | 2013-10-25 | 2017-11-30 |
| FAST, Robert Alain | Director | 2013-10-25 | 2025-12-09 |
| LEI, Shi | Director | 2013-06-14 | 2013-10-25 |
| MCENROE, Malachy | Director | 2013-10-25 | 2019-12-09 |
| SUN, Xiaoyi | Director | 2013-06-14 | 2013-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cube Transportation Europe Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-01 | Active |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-12 | AA | accounts | Accounts with accounts type full | |
| 2026-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-28 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-13 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-06-13 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2023-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.