TEAM VALVE AND ROTATING SERVICES LIMITED
Get an alert when TEAM VALVE AND ROTATING SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£269K
-61.6% lowest in 3 filed years
Net assets
£5.5M
+8.1% highest in 3 filed years
Employees
61
0% vs 2023
Profit before tax
£522K
-23.8% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £8,229,441 | £9,067,195 | +10.2% | |
| Operating profit | — | £531,434 | £298,305 | -43.9% | |
| Profit before tax | £902,464 | £684,274 | £521,692 | -23.8% | |
| Net profit | £896,439 | £671,272 | £416,486 | -38% | |
| Cash | £740,257 | £699,606 | £268,730 | -61.6% | |
| Total assets less current liabilities | £4,467,988 | £5,152,262 | £5,588,474 | +8.5% | |
| Net assets | £4,457,422 | £5,128,694 | £5,545,180 | +8.1% | |
| Equity | £4,457,422 | £5,128,694 | £5,545,180 | +8.1% | |
| Average employees | 59 | 61 | 61 | 0% | |
| Wages | £3,038,113 | £3,225,863 | £3,465,075 | +7.4% | |
| 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. 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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 6.5% | 3.3% | |
| Net margin | — | 8.2% | 4.6% | |
| Return on capital employed | — | 10.3% | 5.3% | |
| Current ratio | — | 4.39x | 4.03x |
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 6 times since incorporation
- TEAM VALVE AND ROTATING SERVICES LIMITED 2019-01-02 → present
- TEAMFURMANITE VALVE AND ROTATING SERVICES LTD 2017-03-31 → 2019-01-02
- TEAM VALVE AND ROTATING SERVICES LTD 2014-09-05 → 2017-03-31
- HERTEL VALVE & ROTATING SERVICES LTD 2010-01-20 → 2014-09-05
- HERTEL TOTAL ASSET MANAGEMENT LIMITED 2006-09-14 → 2010-01-20
- VISION CEILINGS,INSULATIONS AND ASBESTOS REMOVALS LIMITED 1995-02-14 → 2006-09-14
- VISION CEILINGS AND ASBESTOS REMOVALS LIMITED 1995-02-06 → 1995-02-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company believes that with the current business activity levels, support provided by Team Inc., the cost savings enacted and the potential for further savings, the company has sufficient headroom to continue to operate within available facilities. The board is satisfied it has sufficient cash resources to meet its obligations as they fall due throughout this duration and the board has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, they continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “2024 saw an increase in turnover, the overall increase in revenue being 10.2% compared to prior year. We successfully maintained and improved our service generated sales compared to prior year as predicted and continue to maintain the expected recovery following the impacts of COVID.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DIXON, Rachel | Secretary | 2017-06-29 | — | — |
| ACOSTA, Matthew Emmanuel | Director | 2021-12-07 | May 1969 | American |
| DESBOROUGH, Sally | Director | 2022-04-01 | Sep 1981 | British |
| HAIGHT, Nelson Maurice | Director | 2025-01-18 | Mar 1965 | American |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACKWELL, Eric Stuart | Secretary | 2016-12-31 | 2017-06-29 |
| DAWSON, Maureen Susan | Secretary | 2013-03-11 | 2014-08-29 |
| MAHONEY, Keiron Thomas | Secretary | 1995-02-10 | 2002-08-19 |
| TAYLOR, Kathleen Philomena | Secretary | 2005-06-20 | 2013-03-11 |
| ENTERPRISE ADMINISTRATION LIMITED | Corporate Secretary | 2002-08-20 | 2005-06-20 |
| FNCS SECRETARIES LIMITED | Corporate Secretary | 1995-02-06 | 1995-02-06 |
| LAYTONS SECRETARIES LIMITED | Corporate Secretary | 2014-08-29 | 2016-12-31 |
| PACESEED LIMITED | Corporate Secretary | 2000-12-12 | 2002-08-19 |
| BALL, Susan M | Director | 2018-12-03 | 2021-12-07 |
| BOANE, Greg Lee | Director | 2016-12-31 | 2018-12-02 |
| BOUCHARD, Andre Charles | Director | 2016-12-31 | 2025-01-18 |
| BUIJTINK, Johannes | Director | 2014-08-29 | 2016-12-31 |
| DE SLOOVERE, Johan Christian Maurice Gratien | Director | 2009-04-16 | 2012-04-30 |
| GRIFFITHS, Anthony Charles | Director | 1997-01-23 | 2008-09-11 |
| HALL, David | Director | 2005-03-16 | 2012-01-09 |
| JANSEN, Ted | Director | 2011-11-20 | 2012-05-08 |
| JARVIS, Jonathon Anthony | Director | 2016-12-31 | 2022-04-01 |
| LANTINGA, Theodorus Franciscus Hermannus | Director | 2012-05-08 | 2014-08-29 |
| LYNN, Robert Ritchie | Director | 1995-02-10 | 2004-01-31 |
| MAHONEY, Keiron Thomas | Director | 1995-02-10 | 2000-04-04 |
| MAHONEY, Kevin Thomas | Director | 1995-02-10 | 1998-04-04 |
| NAENEN, Stefan Adrianus Cornelis Maria | Director | 2009-04-16 | 2011-11-20 |
| POTTS, John | Director | 2006-09-12 | 2008-11-01 |
| SALTER, Annette | Director | 2012-05-08 | 2014-08-29 |
| TONKS, Stephen Richard | Director | 2006-09-12 | 2009-04-07 |
| VAN KOGELENBERG, Frans Jan | Director | 2014-08-29 | 2016-12-31 |
| FNCS LIMITED | Corporate Director | 1995-02-06 | 1995-02-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Team Industrial Services (Uk) Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 172 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-14 | AA | accounts | Accounts with accounts type full | |
| 2023-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-01 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-02-28 | AA | accounts | Accounts with accounts type small | |
| 2023-02-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-24 | 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.