Tiaa Limited in Fareham, PO14 1AH

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www.tiaa.co.uk

Description

Data updated on: 01-11-2023

The firm operates under the name of Tiaa Limited. The firm was started 22 years ago and was registered under 04546319 as its reg. no. This particular head office of this company is registered in Fareham. You may visit them at Artillery House Fort Fareham Industrial Site, Newgate Lane. This business's classified under the NACE and SIC code 70229 which means Management consultancy activities other than financial management. 2022-03-31 is the last time when company accounts were filed.

With four job announcements since Tue, 24th Jun 2014, Tiaa has been a rather active employer on the employment market. On Wed, 26th Jul 2017, it was recruiting new employees for a full time Bid Co-ordinator position in Gosport, and on Tue, 24th Jun 2014, for the vacant position of a full time Bid Writer in Hampshire. They look for candidates on such positions as: Principal Computer Auditor or Senior Audit Manager - London.

The details about this specific firm's management implies there are three directors: Victoria D., Kevin L. and Jeffrey Z. who were appointed on October 3, 2023, November 1, 2022 and December 19, 2008.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	19 358	65 673	2 438 935	2 122 557
Current Assets	3 071 528	2 993 217	4 345 811	3 994 746	3 389 390
Debtors	3 052 170	2 927 544	1 906 876	1 872 189
Net Assets Liabilities	431 743	1 458 600	780 236	486 148	537 386
Other Debtors	84	2 092	348	208
Property Plant Equipment	265 232	203 107	167 486	128 910

Other Financial Data
Audit Fees Expenses			15 500	17 000	25 000
Accrued Liabilities				180 772	95 135
Accrued Liabilities Deferred Income	140 000	140 000	140 000	342 087
Accumulated Amortisation Impairment Intangible Assets	97 995	218 650	330 926	587 030	556 124
Accumulated Depreciation Impairment Property Plant Equipment	538 644	618 723	567 712	655 263	818 471
Additions Other Than Through Business Combinations Intangible Assets		97 136	82 164	18 856
Additions Other Than Through Business Combinations Property Plant Equipment		17 954	66 583	48 975	88 942
Administrative Expenses	8 688 725	8 316 321	7 572 188	8 170 035	8 638 447
Amortisation Expense Intangible Assets	54 340	120 655	106 895	112 104
Amortisation Impairment Expense Intangible Assets	54 340	120 655	155 931	256 104
Average Number Employees During Period	156	153	148	146	150
Bank Borrowings Overdrafts	140 000	140 000	916 667	696 667
Cash Cash Equivalents			2 438 935	2 122 557	1 858 553
Cash Cash Equivalents Cash Flow Value	19 358	65 673	2 438 935	2 122 557	1 858 553
Comprehensive Income Expense	34 729	1 052 976	-658 360	400 731	180 151
Corporation Tax Payable	59 438	65 168
Corporation Tax Recoverable			74 224	64 183
Creditors	290 620	290 620	1 207 287	707 287
Cumulative Preference Share Dividends Unpaid	10 620	10 620	10 620	10 620
Current Liabilities				1 810 175	1 943 064
Current Tax Assets				64 183
Current Tax For Period	59 438	65 168	9 376	59 599
Current Tax Liabilities					1 166
Debt Securities Held In Defined Benefit Plan Fair Value					642 000
Decrease Increase In Liabilities Defined Benefit Plan From Remeasurement				588 000	2 405 000
Deferred Tax Assets			478 249	317 186	449 536
Deferred Tax Expense Credit From Unrecognised Tax Loss Credit Or Temporary Difference From Prior Period				21 812	29 452
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					-28 809
Deferred Tax Expense Credit Relating To Origination Reversal Temporary Differences				74 939	10 010
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	12 991	-6 059	-6 264	-2 144
Deferred Tax Liabilities			26 954	24 810	42 499
Defined Benefit Liabilities From Plans That Are Wholly Or Partly Funded Present Value				8 597 000	6 224 000
Depreciation Expense Property Plant Equipment	53 247	80 079	102 204	87 551
Depreciation Impairment Expense Property Plant Equipment	53 247	80 079	102 204	87 551
Dividend Declared Payable		1 874	1 874	1 874
Dividends Paid		26 119	19 603	35 596
Dividends Paid Classified As Financing Activities	-24 245	-26 119	-19 603	-35 595	-128 913
Dividends Paid On Shares Interim	12 550	12 529	9 398	17 177
Equity Securities Held In Defined Benefit Plan Fair Value					725 000
Fair Value Assets Defined Benefit Plan			7 564 000	7 436 000	5 076 000
Finance Lease Liabilities Present Value Total Lessor				160 021	59 229
Financial Assets				1	1
Fixed Assets	701 777	616 133	506 745	247 129
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-1 100 000	183 333	220 000
Further Item Creditors Component Total Creditors		140 000	140 000
Further Item Finance Cost Component Total Finance Cost				1 874	3 748
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		-223 890
Further Item Interest Expense Component Total Interest Expense	18 689	19 764	42 108	24 102
Further Item Payment To Acquire Or Redeem Own Shares Component Total Payments To Acquire Or Redeem Own Shares	-286		-3	398
Further Item Tax Increase Decrease Component Adjusting Items	-63 399	4 622	-83 600	-39 906	-1 353
Future Minimum Lease Payments Under Non-cancellable Operating Leases	627 359	410 960	265 116	350 918
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income	-668 397
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		1 373	-255 532	595 630	-104 451
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-124 626	-1 094 892	323 052	288 963
Gain Loss On Defined Benefit Plan Recognised In Other Comprehensive Income From Actuarial Gains Losses Experience Adjustments				-588 000	-2 405 000
Gain Loss On Reclassification Cash Flow Hedges To Profit Or Loss From Equity Before Tax	56 610
Gain Loss On Remeasurement Defined Benefit Plan Recognised In Other Comprehensive Income				-231 000	209 000
Gain Loss On Remeasurement Defined Benefit Plans Before Tax In Other Comprehensive Income	-484 000	1 231 000	-1 010 000	231 000	-209 000
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	-484 000
Government Grant Income			350 154	6 023
Impairment Loss Intangible Assets			49 036	144 000
Income Taxes Paid Refund Classified As Operating Activities		-59 438	-65 168	-9 652	65 349
Income Tax Expense Credit On Components Other Comprehensive Income	-56 610	223 890	-191 900	43 890	-108 590
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	77 566	-46 315	-2 373 262	316 378
Increase Decrease In Current Tax From Adjustment For Prior Periods			-83 600	-39 906
Increase Decrease In Finance Costs From Defined Benefit Plans				-38 000	-35 000
Increase From Amortisation Charge For Year Intangible Assets		120 655	106 895	112 104	42 130
Increase From Depreciation Charge For Year Property Plant Equipment		80 079	102 204	283 535	255 216
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets			49 036	144 000
Increase In Assets Defined Benefit Plan From Contributions By Employer				249 000	257 000
Increase In Liabilities Defined Benefit Plan From Interest Expense				201 000	243 000
Intangible Assets	436 544	413 025	339 258	118 218
Intangible Assets Gross Cost	534 539	631 675	670 184	705 248	632 211
Intangible Assets Including Right-of-use Assets				118 218	76 087
Interest Expense				80 644	91 450
Interest Expense On Liabilities Defined Benefit Plan				38 000	35 000
Interest Expense On Redeemable Preference Shares Classified As Debt		1 874	1 874	1 874
Interest Payable Similar Charges Finance Costs	243 689	233 638	235 982	80 644	91 450
Interest Received Classified As Investing Activities					-5 720
Investment Property Fair Value Model	24 245	26 119	19 603	35 596
Investments Fixed Assets	1	1	1	1
Issue Equity Instruments	62 469			1 987
Items In Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Tax				187 110	-100 410
Liabilities Defined Benefit Plan Present Value			9 167 000	8 597 000	6 224 000
Net Cash Flows From Used In Financing Activities	-4 736	26 119	-1 079 996	216 933
Net Cash Flows From Used In Investing Activities	303 695	115 090	148 747	84 039
Net Cash Flows From Used In Operating Activities	-221 393	-187 524	-1 442 013	15 406
Net Cash Generated From Operations		-268 600	-1 551 163	-20 222
Net Current Assets Liabilities	1 909 933	1 827 265	2 806 162	2 572 745	1 446 326
Net Finance Income Costs	173 000	157 000	170 000	163 000
Net Interest Paid Received Classified As Operating Activities	-18 689	-21 638	-43 982	-25 976
Net Liability Asset Arising From Defined Benefit Plan Non-current				1 161 000	1 148 000
Non-current Assets				904 130	828 075
Non-current Liabilities				2 053 118	1 737 015
Operating Profit Loss	1 273 634	181 613	187 604	335 236
Other Deferred Tax Expense Credit			42 370	40 090
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			153 215		354 325
Other Disposals Property Plant Equipment			153 215		354 325
Other Interest Expense				94	2 275
Other Interest Receivable Similar Income Finance Income					5 720
Other Operating Income Format1			350 154	6 023
Other Payables				65 840	79 852
Other Taxation Social Security Payable	578 007	572 513	936 419	627 564	786 961
Payments Lease Liabilities Classified As Financing Activities				-195 984	-135 558
Payments To Acquire Own Shares	-286		-401
Payments To Redeem Own Shares	-45 696
Pension Other Post-employment Benefit Costs Other Pension Costs	384 513	311 275	268 236	236 295	345 829
Prepayments				59 715	181 448
Prepayments Accrued Income	2 331 785	2 042 721	1 364 383	987 137
Proceeds From Issuing Shares	-62 469
Proceeds From Sales Intangible Assets	250 182
Proceeds From Sales Property Plant Equipment	-250 182
Proceeds From Sale Treasury Shares				-9
Profit Loss	1 130 516	45 866	159 740	213 621	280 561
Profit Loss On Ordinary Activities Before Tax	1 202 945	104 975	121 622	271 260
Property Held In Defined Benefit Plan Fair Value					951 000
Property Plant Equipment Gross Cost	803 876	821 830	735 198	784 173	667 346
Property Plant Equipment Including Right-of-use Assets				468 725	302 451
Purchase Intangible Assets	-185 224	-97 136	-82 164	-35 064
Purchase Property Plant Equipment	-118 471	-17 954	-66 583	-48 975	-88 942
Retirement Benefit Obligations Surplus	1 850 070	660 960	1 298 430	940 410
Share Other Comprehensive Income Associates Joint Ventures Accounted For Using Equity Method Before Tax	-668 397
Social Security Costs	666 402	594 148	595 166	590 423
Staff Costs Employee Benefits Expense	7 237 857	6 676 359	6 308 182	6 680 064	7 275 554
Taxation Including Deferred Taxation Balance Sheet Subtotal	39 277	33 218	26 954	24 810
Tax Expense Credit Applicable Tax Rate		19 945	23 108	110 227	52 153
Tax Expense Credit On Items In Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss				43 890	-108 590
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings					-28 809
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 626	34 542	22 374	46 738	1 390
Tax Tax Credit On Profit Or Loss On Ordinary Activities	72 429	59 109	-38 118	57 639
Total Additions Including From Business Combinations Intangible Assets				35 064
Total Assets Less Current Liabilities	2 611 710	2 443 398	3 312 907	2 819 874
Total Borrowings				707 287	487 287
Total Current Tax Expense Credit		65 168	-74 224	19 693
Total Deferred Tax Expense Credit		-6 059	36 106	37 946	-6 071
Total Operating Lease Payments	226 494	222 392	187 477	212 175
Trade Creditors Trade Payables	169 686	197 794	100 822	164 636
Trade Debtors Trade Receivables	720 301	882 731	467 921	779 628	938 737
Trade Other Payables				1 408 507	1 574 996
Trade Other Receivables				1 258 571	1 530 837
Transaction Costs Increase Decrease In Equity				1 987
Turnover Revenue	9 962 359	8 497 934	7 409 638	8 498 279
Wages Salaries	6 186 942	5 770 936	5 444 780	5 853 346	6 270 994
Company Contributions To Defined Benefit Plans Directors	9 249	5 730	3 750
Director Remuneration	407 104	249 664	187 273	160 713	142 829
Director Remuneration Benefits Including Payments To Third Parties	416 353	255 394	191 023	187 950	178 702