Truck-Lite Europe Limited
00195431
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 13/05/2026
Due 27/05/2027
Industry
Officers
director · Since 16/07/2007
PRESIDENT
AMERICAN · UNITED STATES · Age 59
Also on 4 other boards
secretary · Since 16/12/2019
director · Since 11/11/2020
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 5 other boards
director · Since 26/06/2023
EXECUTIVE VICE PRESIDENT & CHIEF FINANCI
AMERICAN · UNITED STATES · Age 58
Persons with Significant Control
Former PSCs
Truck-Lite Co Llc
Ceased 31/12/2020
Clarience Technologies Llc
Ceased 15/06/2022
Charges2 outstanding
BANK OF SCOTLAND PLC
BANK OF SCOTLAND PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 451+ SIC 29320 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
-£13.0M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Profit Before Tax
-£1.0M
Bottom line earnings
Net Current Assets
£12.5M
Working capital
Current Assets
£18.7M
Current Liabilities
£6.2M
Fixed Assets
£30.8M
Debtors
£7.9M
Cost of Sales
£16.9M
Admin Expenses
£10.7M
Profit After Tax
£935k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.01 |
Derived from filed accounts. Not audited figures.