TECHNICAL RETAIL SERVICES LTD
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Cash
£3.4M
Latest balance sheet
Net assets
£4.5M
highest in 5 filed years
Employees
63
Average over period
Profit before tax
£488K
Period ending 2025-12-31
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £11,736,907 | £12,051,661 | £12,153,543 | — | |
| Operating profit | — | — | £953,417 | £289,193 | £455,833 | — | |
| Profit before tax | £1,010,551 | -£253,174 | £752,107 | £334,859 | £488,261 | — | |
| Net profit | £820,404 | -£187,593 | £554,259 | £239,499 | £357,464 | — | |
| Cash | £2,497,762 | £1,948,121 | £2,134,059 | £3,352,310 | £3,366,596 | — | |
| Total assets less current liabilities | £3,888,784 | £3,381,723 | £3,935,982 | £4,175,481 | £4,532,945 | — | |
| Net assets | £3,481,241 | £3,381,723 | £3,935,982 | £4,175,481 | £4,532,945 | — | |
| Equity | £3,481,241 | £3,381,723 | £3,935,982 | £4,175,481 | £4,532,945 | — | |
| Average employees | 67 | 67 | 63 | 61 | 63 | — | |
| Wages | £2,970,546 | £3,156,453 | £3,355,289 | £3,504,697 | £3,246,443 | — | |
| Directors' remuneration | £175,288 | £335,161 | £385,205 | £431,086 | £446,520 | — |
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 —. Year-on-year comparison hidden: this filing covers about 9 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 8.1% | 2.4% | 3.8% | |
| Net margin | — | — | 4.7% | 2.0% | 2.9% | |
| Return on capital employed | — | — | 24.2% | 6.9% | 10.1% | |
| Gearing (liabilities / total assets) | — | — | 24.3% | 22.0% | — | |
| Current ratio | — | — | 3.32x | 4.31x | 2.64x |
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
- TECHNICAL RETAIL SERVICES LTD 2007-11-15 → present
- TECHNICAL REFRIGERATION SERVICES LIMITED 1998-01-19 → 2007-11-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael 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 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.”
Significant events
- “In December 2025, the company became part of the Nordic Climate Group, headquartered in Sweden, following its acquisition. This development represents a significant strategic milestone, providing access to wider resources, expertise and growth opportunities, while allowing the company to retain its existing operational structure and management team.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COUTTS, Ronnie | Director | 2026-05-01 | Dec 1970 | British |
| LEES, Stephen John Peter | Director | 1998-01-19 | Aug 1970 | British |
| YULE, Robert | Director | 1998-01-19 | Mar 1970 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCINTOSH, Bruce Allan | Secretary | 1998-01-19 | 2022-05-06 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 1998-01-19 | 1998-01-19 |
| MCINTOSH, Bruce Allan | Director | 1998-01-19 | 2025-12-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Trs Group Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 106 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-23 MA Memorandum articles
- 2025-12-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type full | |
| 2026-05-11 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | MA | incorporation | Memorandum articles | |
| 2025-12-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-29 | AA | accounts | Accounts with accounts type full | |
| 2025-10-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-12 | CH01 | officers | Change person director company with change date | |
| 2023-12-14 | AA | accounts | Accounts with accounts type full | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-29 | AA | accounts | Accounts with accounts type full | |
| 2022-06-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-04-12 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.