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Company No. 10686981 · Incorporated 23 Mar 2017

Tune Chemical Tankers (UK) Limited

Registered name: TUNE CHEMICAL TANKERS (UK) LIMITED

Part of Springfield Shipping Limited group

Tune Chemical Tankers (UK) Limited made a £252k loss in the year to 31 Dec 2023 (revenue not disclosed).

Tune Chemical Tankers (UK) Limited reported a loss of £252k in the year to 31 Dec 2023; its revenue was not disclosed. It had 0 employees. The company is classified under “other business support service activities” and is based in Wembley; we hold 2 years of its filed accounts.

Profit onlySection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Wembley, London
Age
9 yrs · since 2017
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Company is a wholly owned subsidiary of Union Maritime Limited (UML). UML is jointly owned by South Central Property Limited and Solai Holdings Limited. The ultimate parent company is considered t”

Latest accounts · year to 31 Dec 2023

Key figures

Small team
Revenue
—
Not disclosed in filing
Profit
−£252k
Growth —
Profit margin
—
 
Employees
0
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Operating profit−£87.3k−£252k
Profit before tax−£87.3k−£252k
Profit after tax−£87.3k−£252k
Profit (best available)−£87.3k−£252k
Employees (average)00
Ratios
Profit margin——
Balance sheet — indirect signals, not revenue
Cash at bank£297k£238k
Net assets−£87.3k−£339k
Current assets£1.8m£1.3m
Debtors£1.5m£986k
Deferred income£169k£30.5k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now −£339k
Cash at bank
▼20%
Now £238k
Headcount
—
Now 0
Deferred income
▼82%
Now £30.5k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Springfield Shipping Limitedultimate parent50–75%
  2. Union Maritime Limited75–100%
  3. Tune Chemical Tankers (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (109)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£252k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.