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Companies/SC215164

Tuv Sud Limited

Private Limited Company · Glasgow

ActiveUnited KingdomIncorporated 2001Private Limited Company
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Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets
£34,849,000
Cash
£402,000
Turnover
£76,788,000
Profit / loss
£4,291,000
Current assets
£35,182,000
Creditors < 1 year
£21,773,000
Equity
£34,849,000
Average employees
647

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-3112 months · Company · AI-read2024-12-31Company · AI-read
Balance sheet
Net assets£34,849,000£30,558,000
Equity£34,849,000£30,558,000
Share capital£500,000£500,000
Retained earnings£3,970,000−£321,000
Assets
Fixed assets£37,992,000£40,674,000
Intangible assets£13,106,000£13,128,000
Property, plant & equipment£20,284,000£21,817,000
Investments£165,000£1,165,000
Current assets£35,182,000£29,798,000
Cash at bank£402,000£584,000
Debtors£34,780,000£29,214,000
Liabilities
Creditors within one year£21,773,000£21,227,000
Creditors after one year£7,719,000£9,227,000
Provisions£5,238,000£5,576,000
Net current assets£13,409,000£8,571,000
Assets less current liabilities£51,401,000£49,245,000
Profit & loss
Turnover£76,788,000£74,232,000
Cost of sales£49,858,000£49,580,000
Gross profit£26,930,000£24,652,000
Administrative expenses£21,956,000£20,135,000
Operating profit£5,258,000£3,752,000
Interest receivable£16,000£7,000
Interest payable£836,000£1,198,000
Profit before tax£4,438,000£2,561,000
Tax£147,000£535,000
Profit / loss£4,291,000£2,026,000
Operating costs
Depreciation£3,653,000£3,618,000
Audit fees£88,000£85,000
People & pay
Average employees647641
Staff costs£41,838,000£39,262,000
Wages & salaries£35,607,000£33,718,000
Social security costs£4,498,000£3,771,000
Pension costs£1,733,000£1,773,000
Directors' remuneration£473,000£475,000
Highest paid director£254,000£258,000
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Principal activity
The principal activities of the continuing operations of the company throughout the year were:
What it does
consultancy · research · technical evaluation · certification · project management · testing · compliance · building services · vehicle fleet management (AI keywords)
The year
Turnover from continuing operations was £76,788,000 (2024: £74,232,000), and the operating profit was £5,258,000 (2024: £3,752,000). The company's balance sheet shows a robust financial position with net assets increased to £34,849,000 (2024: £30,558,000).
Auditor
PricewaterhouseCoopers LLP · senior statutory auditor Thomas Kendall
Audit opinion
Clean (unmodified)
Immediate parent
TUV SUD (UK) Limited
Ultimate parent
TUV SUD AG · Germany
Ultimate controlling party
TUV SUD AG
Accounts
FRS 101
Approved
2026-06-08, signed by G Aloisi
Turnover by segment (4)
  • United Kingdom: 58,239 (000s) (2025-12-31)
  • United Kingdom: 56,556 (000s) (2024-12-31)
  • Rest of World: 18,549 (000s) (2025-12-31)
  • Rest of World: 17,676 (000s) (2024-12-31)
Related parties (6)
  • TUV SUD BABT Unlimited · affiliated company · distribution received · £25,000 (2024: £35,000)
  • Dunbar & Boardman Partnership Limited · affiliated company · distribution received · £659,045 (2024: nil)
  • TUV SUD AG · ultimate parent company · cash pool creditor; carries interest at SONIA; unsecured and repayable on demand · £5,448,000 (2024: £4,412,000)
  • group undertakings · group undertakings · interest payable · £641,000 (2024: £1,021,000)
  • group undertakings · group undertakings · intercompany balances included in amounts owed by group undertakings; interest-free, unsecured and repayable on demand · £11,117,000 (2024: £7,991,000)
  • group undertakings · group undertakings · trading balances included in amounts owed by group undertakings · £1,303,000 (2024: £572,000)
Borrowings (2)
  • Cash pooling arrangement · from TUV SUD AG · £5,448,000 (2024: £4,412,000) · SONIA · repayable on demand · secured on unsecured
  • Access to funds under contractual cash pooling terms and conditions · from TUV SUD AG · limit of £10m
Disposals (2)
  • Fleet Logistics division
  • Middle East branch of the Real Estate division
Share classes (1)
  • 500,000 Ordinary shares of £1 each
Principal risks (3)
  • competitive
  • people
  • financial
Events after the year end (1)
  • There were no subsequent events post the balance sheet date and prior to the date of approving these financial statements that would have a material impact on the results reported or the financial position of the company.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

0 outstanding charges
Show 2 satisfied / released
All Assets · created 2013-04-30 · satisfied 2021-02-01
—
Satisfied
All Assets · created 2003-01-24 · satisfied 2012-09-25
All monies
Satisfied