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Truck-Lite Europe Limited

00195431

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • 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

BARROWS ROAD, ESSEX, CM19 5FA
Incorporated 31/01/1924

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 13/05/2026

Due 27/05/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Brian Michael Kupchella

director · Since 16/07/2007

PRESIDENT

AMERICAN · UNITED STATES · Age 59

Also on 4 other boards

Mrs Karen Audrey Jones

secretary · Since 16/12/2019

Mr Paul Lucchi

director · Since 11/11/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

Mr Robert Willing

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

Charge
outstanding

BANK OF SCOTLAND PLC

Created 08/11/2023Registered 10/11/2023
charge
satisfied

BANK OF SCOTLAND PLC

Created 19/05/2010Registered 21/05/2010Satisfied 16/09/2024
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 13/08/1996Registered 15/08/1996
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/02/1993Registered 20/02/1993Satisfied 15/08/2000

CompanyRankvs 451+ SIC 29320 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

212avg. employees

People Costs

Wages & salaries£7.3M

Balance Sheet

Intangible assets£23.2M
Assets less current liabilities£43.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20243.01

Derived from filed accounts. Not audited figures.