TRITECH PRECISION PRODUCTS (YEOVIL) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-14 (in 10mo)
Last made up 2026-02-28
Watchouts
Cash
£0
-100% lowest in 5 filed years
Net assets
£1
-100% lowest in 5 filed years
Employees
66
-8.3% lowest in 5 filed years
Profit before tax
£2M
+49.5% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
On 28 February 2025 the company hived up trade and net assets to its parent company and ceased trading. As a result, the directors have prepared the financial statements on a basis other than that of going concern.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £5,339,236 | — | — | £8,764,965 | £9,153,160 | |
| Operating profit | — | -£316,392 | — | — | £1,373,620 | £2,062,650 | |
| Profit before tax | — | -£345,355 | £336,186 | £420,895 | £1,370,489 | £2,048,557 | |
| Net profit | — | -£176,396 | — | £431,663 | £1,194,451 | £1,537,437 | |
| Cash | — | £75,397 | £67,987 | £11,695 | £82,270 | £0 | |
| Total assets less current liabilities | — | £2,970,564 | £3,099,579 | £3,495,420 | £4,681,758 | £1 | |
| Net assets | — | £2,730,104 | £3,006,415 | £3,438,078 | £4,632,529 | £1 | |
| Equity | £2,906,500 | £2,730,104 | £3,006,415 | £3,438,078 | £4,632,529 | £1 | |
| Average employees | — | 79 | 70 | 70 | 72 | 66 | |
| Wages | — | £1,845,166 | £1,790,278 | £1,947,714 | £2,156,235 | £2,096,606 | |
| 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+4.4%
£8,764,965 £9,153,160
highest in 3 filed years
-
Cash
-100%
£82,270 £0
lowest in 5 filed years
-
Net assets
-100%
£4,632,529 £1
lowest in 5 filed years
-
Employees
-8.3%
72 66
lowest in 5 filed years
-
Operating profit
+50.2%
£1,373,620 £2,062,650
highest in 3 filed years
-
Profit before tax
+49.5%
£1,370,489 £2,048,557
highest in 5 filed years
-
Wages
-2.8%
£2,156,235 £2,096,606
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | -5.9% | — | — | 15.7% | 22.5% | |
| Net margin | — | -3.3% | — | — | 13.6% | 16.8% | |
| Return on capital employed | — | -10.7% | — | — | 29.3% | 206265000.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 46.2% | 100.0% | |
| Current ratio | — | — | — | — | 1.90x | 1.00x | |
| Interest cover | — | -10.92x | — | — | 438.72x | 146.36x |
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
- TRITECH PRECISION PRODUCTS (YEOVIL) LIMITED 2016-11-02 → present
- YEOVIL PRECISION CASTINGS LIMITED 2015-09-03 → 2016-11-02
- CHARLTON 2 LIMITED 2015-02-10 → 2015-09-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“On 28 February 2025 the company hived up trade and net assets to its parent company and ceased trading. As a result, the directors have prepared the financial statements on a basis other than that of going concern.”
Significant events
- “On 28 February 2025, the Shareholders of Neterson Holdings Limited concluded a consolidation of the UK operating companies within the Group. This resulted in the investment held in Tritech Precision Products (Yeovil) Limited by Neterson Holdings Limited being transferred to Tritech Precision Products Limited. The trade and net assets in Tritech Precision Products (Yeovil) Limited were transferred to Tritech Precision Products Limited at book value at that date and as a result, the company is no longer a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRENNAN, Raquel | Secretary | 2026-01-19 | — | — |
| DHUNJISHAW NETERWALA, Feroze | Director | 2015-12-04 | May 1952 | Indian |
| FEROZE NETERWALA, Anosh | Director | 2015-12-04 | May 1985 | Indian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOCHERTY, Steven Stuart | Secretary | 2015-02-10 | 2015-12-04 |
| LANGFORD, Mark | Secretary | 2018-11-15 | 2023-10-20 |
| WADHWA, Nitin | Secretary | 2025-08-06 | 2026-01-19 |
| WHITE, Paul | Secretary | 2024-07-08 | 2025-05-31 |
| DOCHERTY, Steven Stuart | Director | 2015-02-10 | 2019-08-31 |
| GOODFELLOW, Stuart Edward | Director | 2016-09-20 | 2024-06-06 |
| GOODIER, Steven John | Director | 2016-09-20 | 2026-01-19 |
| LANGFORD, Mark Richard | Director | 2018-11-15 | 2023-10-20 |
| MANFORD, Susan | Director | 2020-01-01 | 2022-06-10 |
| MORRIS, Christopher John | Director | 2023-10-02 | 2024-05-21 |
| PARRY, Martin | Director | 2016-09-20 | 2018-11-15 |
| WALKER, Ian James | Director | 2016-01-27 | 2023-05-31 |
| WHITE, Andrew Robert | Director | 2016-09-20 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Neterson Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-02-28 | Ceased 2025-02-28 |
| Tritech Precision Products Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-02-28 | Active |
| Neterson Holdings Ltd | Corporate entity | Shares 75–100% | 2022-02-09 | Ceased 2025-02-28 |
| Mr Feroze Dhunjishaw Neterwala | Individual | Shares 75–100% | 2017-02-01 | Ceased 2022-02-09 |
Filing timeline
Last 20 of 80 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | CH03 | officers | Change person secretary company with change date | |
| 2026-01-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-26 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-28 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-02-28 | SH20 | capital | Legacy | |
| 2025-02-28 | CAP-SS | insolvency | Legacy | |
| 2025-02-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-26 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 3
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.