TIGERTURF (UK) LIMITED

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  Negative shareholders' funds

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

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.

1. TIGERTURF (UK) LIMITED 2006-02-01 → present
2. TIGER AG LIMITED 2000-10-02 → 2006-02-01
3. A GRASS LIMITED 2000-07-17 → 2000-10-02
4. FORMIMAGE LIMITED 2000-06-30 → 2000-07-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BK Plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding a loss for the year ended 31 December 2024 of £5,824,377, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. TenCate Grass Holding B.V. (who have a common director with the company) has indicated its intention to continue to make available such funds as are needed by the company, and that it does not intend to seek repayment of the amounts due at the balance sheet date. The directors acknowledge that financial support has been provided in 2024 and 2025 when required and have no reason to think that this will change going forward. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “Plans to move the manufacturing of artificial grass from our factory in Kidderminster to our intercompany factory in Portugal have begun during 2024, and will be fully completed during 2025. This will result in the redundancies of all production staff, the move of our tufting and coating equipment and the restructure of TigerTurf UK into a Sales and Marketing, Warehousing & Distribution company.”
• “At the beginning of 2024, the Company embarked on a programme to explore the different options of expanding production capacity within the UK, or to move production capacity out of the UK. A 2nd hand coating line has been acquired from the Netherlands at the beginning of 2024 as part of this programme.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.