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Meritor Heavy Vehicle Systems Limited

00379136

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

NONE, GRANGE ROAD, GWENT, NP44 3XU
Incorporated 03/03/1943

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/05/2026

Due 13/06/2027

On track

Industry

32990
Other manufacturing

Officers

Mr. Amerigo Holthouse

director · Since 01/08/2024

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 45

Also on 28 other boards

Mr Paul Michael Bennett

director · Since 01/08/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 21 other boards

Ms Nataly Dorothy Marchbank

director · Since 01/08/2025

COMPANY DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 47

Also on 22 other boards

Ms Anna Louise Byrne

director · Since 01/10/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 13 other boards

Persons with Significant Control

Arvinmeritor Limited

75–100% shares
75–100% votes
Appoint directors

Arvinmeritor Limited, Grange Road, Cwmbran, NP44 3XU

Reg: 01037897 · Companies House · Company

Notified 11/08/2016

Charges1 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 06/09/2007Registered 13/09/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/02/1990Registered 27/02/1990Satisfied 15/05/1992
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/1984Registered 18/12/1984Satisfied 15/05/1992
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/04/1983Registered 04/05/1983Satisfied 15/05/1992
charge
satisfied

R.D.C. OF WREXHAM

Created 28/03/1972Registered 05/04/1972Satisfied 27/08/1993
charge
satisfied

THE SECRETARY OF STATE FOR TRADE & INDUSTRY

Created 15/03/1972Registered 17/03/1972Satisfied 07/04/1992
charge
satisfied

LLOYDS BANK PLC

Created 19/08/1971Registered 26/08/1971Satisfied 07/04/1992

CompanyRankvs 12618+ SIC 32990 peers
12

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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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12618Meritor Heavy Vehicle Systems Limited
32
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.

Employees2/15 pts

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

Liquidity0/20 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

-£119.1M

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£10.0M

Bottom line earnings

Net Current Assets

-£130.1M

Working capital

Current Assets

—

Current Liabilities

£130.1M

Fixed Assets

£27.2M

Debtors

£6k

Admin Expenses

£136k

Profit After Tax

-£10.0M

0avg. employees

Balance Sheet

Intangible assets£1k
Assets less current liabilities-£103.0M
Prepared with CCH Software