TENETCONNECT LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted

Net assets £17.60M £21.33M 2022 year on year

Total assets £31.62M £9.97M 2022 year on year

Total Liabilities £14.02M £11.35M 2022 year on year

Charges 4

4 satisfied

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Contact & Details

Contact

Update Details

Registered Address

C/O Interpath Advisory 10 Fleet Place London EC4M 7RB

Office (Llandudno)

16 Trinity Square, Llandudno LL30 2RB

Telephone

0742 938 1314

[email protected]

Website

northwalesmortgageservices.co.uk

Credit Report

Discover TENETCONNECT LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2022

Type Total Exemption Full

Next accounts 31 December 2023

Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2013–2022)

Cash in Bank

£17.38M

Increased by £12.25M (+239%)

Net Assets

£17.60M

Increased by £21.33M (+573%)

Total Liabilities

£14.02M

Decreased by £11.35M (-45%)

Turnover

£67.94M

Decreased by £3.04M (-4%)

Employees

Increased by 9 (+16%)

Debt Ratio

44%

Decreased by 73 (-62%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2022 Dec Year End	2021 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

1 Allotment 13,000,000 Shares £13.00m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
29 Sept 2022	ORDINARY	13,000,000	£13.00m	£1

Officers

3 active 52 resigned

Show resigned officers

						Status
Jackie Hixon	Secretary	Unknown	Unknown	—	24 Apr 2023	Active
Richard James Fletcher	Director	British	England	46	6 Jun 2023	Active
Stephen Vickers	Director	British	England	58	24 Apr 2024	Active

Shareholders

Shareholders (1)


Tenet Limited	100.0%	14,542,416	Ordinary	6 Jan 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Tenet Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

See All Controllers

Group Structure

TENET LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TENET GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

AVIVA PLC united kingdom

ABERDEEN GROUP PLC united kingdom

TENETCONNECT LIMITED Current Company

TENET BUSINESS SOLUTIONS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

4 satisfied

Documents

Company Filings

Date	Category	Description	Document
11 Jul 2025	Insolvency	Liquidation In Administration Progress Report	View(31 pages)
24 Jan 2025	Insolvency	Liquidation In Administration Extension Of Period	View(3 pages)
3 Jan 2025	Insolvency	Liquidation In Administration Progress Report	View(41 pages)
13 Nov 2024	Insolvency	Liquidation In Administration Statement Of Affairs With Form Attached	View(16 pages)
14 Oct 2024	Officers	Termination of Judith Margaret Ann Worthy as director on 2024-10-14	View(1 page)