TOR COATINGS LIMITED
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Cash
£11k
Latest balance sheet
Net assets
£32m
-11.1% vs 2025
Employees
340
-4% lowest in 3 filed years
Profit before tax
£9.2m
-4.8% vs 2025
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 | 2026-05-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £84,567,711 | £90,520,616 | £91,720,530 | +1.3% | |
| Operating profit | £6,756,551 | £9,192,280 | £8,667,798 | -5.7% | |
| Profit before tax | £7,960,582 | £9,662,417 | £9,196,361 | -4.8% | |
| Net profit | £5,916,236 | £7,174,601 | £6,844,003 | -4.6% | |
| Cash | — | £0 | £10,952 | — | |
| Total assets less current liabilities | £30,301,607 | £37,488,403 | £33,285,736 | -11.2% | |
| Net assets | £28,134,041 | £35,499,142 | £31,553,895 | -11.1% | |
| Equity | £28,134,041 | £35,499,142 | £31,553,895 | -11.1% | |
| Average employees | 359 | 354 | 340 | -4% | |
| Wages | £14,357,295 | £15,403,675 | £16,440,700 | +6.7% | |
| Directors' remuneration | £445,114 | £527,653 | £513,408 | -2.7% | |
| Directors' pension contributions | £13,387 | £14,246 | £14,121 | -0.9% | |
| Highest paid director | £445,114 | £527,653 | £399,965 | -24.2% |
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 | 2024-05-31 | 2025-05-31 | 2026-05-31 |
|---|---|---|---|---|
| Operating margin | 8.0% | 10.2% | 9.5% | |
| Net margin | 7.0% | 7.9% | 7.5% | |
| Return on capital employed | 22.3% | 24.5% | 26.0% | |
| Gearing (liabilities / total assets) | 43.5% | 42.2% | 44.7% | |
| Current ratio | 1.97x | 2.09x | 1.85x |
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
- TOR COATINGS LIMITED 2002-10-22 → present
- DEANCOVE LIMITED 2002-08-06 → 2002-10-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Kreston Reeves Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on a going concern basis on the grounds that the company expects to meet its liabilities as they fall due.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAVANAGH, John Patrick | Director | 2020-09-11 | Jan 1964 | American |
| LOWDON, Thomas James | Director | 2025-11-28 | Dec 1983 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROBSON, Shaun | Secretary | 2002-08-06 | 2007-03-01 |
| TOMPKINS, Paul Kelly | Secretary | 2007-03-01 | 2010-04-30 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2002-08-06 | 2002-08-13 |
| CARTER, Colin Stephen | Director | 2002-08-06 | 2019-05-31 |
| HARMEYER, Donald L. | Director | 2018-05-24 | 2020-09-11 |
| INNES, David Iain, Dr | Director | 2007-03-01 | 2010-12-15 |
| MOORE, Edward Winslow | Director | 2010-05-01 | 2018-01-18 |
| READMAN, Guy | Director | 2002-09-10 | 2007-03-01 |
| REED, Thomas Edward | Director | 2010-12-15 | 2018-05-24 |
| RICE, Ronald Albert | Director | 2007-03-01 | 2018-01-18 |
| ROBSON, Shaun | Director | 2002-08-06 | 2007-03-01 |
| TOMPKINS, Paul Kelly | Director | 2007-03-01 | 2010-04-30 |
| WHITE, Andrew Francis | Director | 2019-05-31 | 2025-11-28 |
| WHITING, William Charles | Director | 2007-03-01 | 2010-12-15 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2002-08-06 | 2002-08-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tremco Cpg Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-14 | AA | accounts | Accounts with accounts type full | |
| 2026-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-02-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-16 | AD04 | address | Move registers to registered office company with new address | |
| 2024-08-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-24 | AA | accounts | Accounts with accounts type full | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-12 | AA | accounts | Accounts with accounts type full | |
| 2021-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.