Target status: x
Upload date: 31/05/2019
Last updated on: 01/12/2020
Who are the important people in the company?
• Tenens Ptc Limited
Correspondence address: Tenens House, Kingfisher Business Park, London Rd, Thrupp, Stroud, Gloucestershire, England, GL5 2BY
Governing law: Companies Act 2006
Legal form: Private Company Limited By Shares
Place registered: Companies House
Registration number: 10592532
Nature of control: Ownership of shares – More than 50% but less than 75%
Ownership of voting rights – More than 50% but less than 75%
Right to appoint and remove directors
Incorporated in: England and Wales
• Mr Peter Ewan Morris
Correspondence address: Tenens House, Kingfisher Business Park, London Rd, Thrupp, Stroud, Gloucestershire, GL5 2BY
Date of birth: June 1944
Nationality: British
Country of residence: United Kingdom
Nature of Control: Ownership of shares – More than 50% but less than 75% with control over the trustees of a trust
Ownership of voting rights – More than 50% but less than 75% with control over the trustees of a trust
Right to appoint and remove directors with control over the trustees of a trust
Has significant influence or control over the trustees of a trust
• Benjamin John Morris
Correspondence address: Tenens House, Kingfisher Business Park, London Rd, Thrupp, Stroud, Gloucestershire, GL5 2BY
Date of birth: May 1972
Nationality: British
Country of residence: England
Nature of Control: Ownership of shares –12%
Occupation: Executive Director & Shareholder
• Daniel Peter Morris
Correspondence address: Tenens House, Kingfisher Business Park, London Rd, Thrupp, Stroud, Gloucestershire, GL5 2BY
Date of birth: April 1977
Nationality: British
Country of residence: England
Nature of Control: Ownership of shares –12%
Occupation: MD in Property Division & Shareholder
What is the structure of the company?
• Statement of Capital (Share Capital)
Class of Shares: B ORDINARY
Currency: GBP
Number Allotted: 44261
Aggregate nominal value: 442610
Prescribed Particulars:
B ORDINARY shares have been redesignated as ORDINARY shares.
Each ORDINARY share carries one vote. The ORDINARY shares carry the right to participate equally in any distributions, as respects dividends and as respects capital (including on a winding-up) and are not redeemable.
• Statement of Capital (Total)
Currency: GBP
Total Number of shares: 44261
Total Aggregate nominal value: 442610
• Full Details of Shareholders
Shareholding 1: 5337 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Daniel Peter Morris
Shareholding 2: 5331 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Benjamin J Morris
Shareholding 3: 975 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Peter Ewan Morris
Shareholding 4: 10940 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Tenens PTC limited (owned by Peter Ewan Morris)
Shareholding 5: 663 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Tenens PTC limited (owned by Peter Ewan Morris)
Shareholding 6: 21015 B ORDINARY shares held as at the date of this confirmation statement (05/09/2019, but no further updates have been published ever since)
Name: Tenens PTC limited (owned by Peter Ewan Morris)
What is the prospect’s strategy and ambitions?
Strategy
Diversification of Services Portfolio:
They have combined logistics with property management services in order to acquire a respectable position in more than one markets for risk-hedging purposes and to exploit the opportunities of their mutual grounds depicted in Warehouse Spaces, Ancillary Office Spaces, External storages and Commercial Parking for intersectoral expansion.
Customisation Strategy: They provide innovative and tailored solutions that look far beyond today to deliver long-term efficiency and effectiveness.
Operational risks Management
As a provider of logistics and warehousing solutions, the major risks faced by the group include health and safety, changes in customer outsource requirements, the ability to recruit and retain management and colleagues with the skills and experience required to serve their customers and the dependence upon sophisticated IT systems. They continue to focus their attention on these key areas whilst taking account of the principal uncertainties faced by the business- the level of economic growth, fuel costs and movements in interest rates. Further uncertainty still comes from the political arena with “Brexit” in particular, however, the business does not deem this to be a major risk.
Cash flow risks
The Group has long term facilities to ensure sufficient liquidity is available to meet its foreseeable needs. Regular contact is maintained with the Group’s bankers to ensure that sufficient funding remains available.
Ambitions
- Gain a market-leading position in the sectors of activity
- Further Intersectoral and potentially Geographical Expansion across the UK
Who are the prospect's customers?
Overall, their clientele derives from the following business sectors:
- Automotive
- Food & Drink
- Packaging
- Retail / FMCG
- Specialist Logistics
Customer Examples:
- MD: Tim Clay
- President-MD: Jean-Marc STRENG
- MD at Organix Brands Ltd: Mark Golder
Customer Reviews
N/A
What does the prospect consider important for its customers?
• Delivering carefully customised and cost-effective contractual solutions that cover all their global warehouse and distribution requirements.
• Their dedicated fleet of trucks and vans keep their business moving, helping them reach their commercial goals and optimise the efficiency of their supply chain.
Who are the prospect's staff?
The average monthly number of persons (including directors) employed by the group and company during 2019, amounted to 727 (2018:700)
2019 | 2018 |
Operational 478 | Operational 458 |
Management and Administration 249 | Management and Administration 242 |
Employee Reviews on Indeed:
Overall Rating: 2.6/5
Analytical Rating:
- Work-life Balance: 2.9/5
- Pay & Benefits: 2.7/5
- Job security & advancement: 2.6/5
- Management: 2.3/5
- Culture: 2.5/5
Supervisor (Current Employee) – Sharpness, Gloucestershire – 17 September 2020
“If your face fits
Unhappy as a supervisor when management believes a warehouse op over a supervisor over a threat on another member of staff. Always a management cover up”
Pros
Pay ok. Enjoyable work
Cons
Management out for themselves. And those who face fits
FLT Driver (Former Employee) – Tilbury – 19 July 2020
“High turnover of staff
Bunch of using and abusing people
Go work here if you like being shouted at and called names. Terrible Health and safety. Flt drivers drive very badly and crash into others”
Pros
Easy to get a job
Cons
Bunch of wan kers
What are the prospect’s unique selling points (USPs)?
• Providing customised and cost-effective contractual solutions
• Fully committed to operating in an environmentally friendly way
• Leaders in sustainable logistics
• Early adopter of dual-fuel vehicles
• Trialling the UK’s first Scania 26-tonne rigid dedicated gas vehicle
• Switching to energy efficient LED lighting in their warehouses
• Generating green electricity through solar panels at seven of their sites, saving 200 tonnes of CO2 a year
• Providing direct 24/7/365 haulage and distribution, both nationally and internationally.
Environmental awards:
Winner | UK Warehouse Association Awards 2018 | Environmental
Gold Status | EcoVadis CSR Supplier Evaluation July 2018
Highly Commended | Automotive Logistics Awards 2018 |Greener Supply Chain
Accreditations:
Rospa Gold Accreditation
Iso 9001/14001
BRC Certification
Alcohol Bondedc site
Organic Certification
What are the prospect’s business activities and potentials?
The principal activities of the Company and the Group are warehousing and distribution, property development and property management.
Locations:
Tenens House
Kingfisher Business Park
London Road
Thrupp
Stroud
Gloucestershire
GL5 2BY
Social Media
Published articles and awards
Awards
- Winner | UK Warehouse Association Awards 2018 | Environmental
- Gold Status | EcoVadis CSR Supplier Evaluation July 2018
- Highly Commended | Automotive Logistics Awards 2018 |Greener Supply Chain
- Motor Transport Livery of the Year Award/2018
- Rospa Gold Accreditation
- BRC Certification
- Alcohol Bondedc site
- Organic Certification
- ISO 14001
Who are the prospect’s competitors?
Competitors List (alphabetical order)
Criterion: Industry subcategory, Company Size and Product
Bibby Distribution Limited
Employee Count: 1,551:2019
DHL Global Match (UK) Limited (parcel Division of DHL Group)
Employee Count: 86:2019
UPS Limited (part of UPS group)
Employee Count: 8,508