Marelli Automotive Systems Europe Plc
02360038
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
director · Since 01/09/2024
LEGAL & COMPLIANCE MANAGER
BRITISH · WALES · Age 41
Also on 2 other boards
Persons with Significant Control
Kkr & Co Inc
9, West 57th Street, Suite 4200, New York
Reg: 6284582 · Department Of State: Division Of Corporations · Corporate
Notified 11/05/2017
Former PSCs
Calsonic Kansei Corporation
Ceased 11/05/2017
Charges3 outstanding
GLAS USA LLC
GLAS USA LLC
GLAS USA LLC
CompanyRankvs 898+ SIC 29320 peers26
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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
basis , but there exists a material uncertainty which casts doubt on the group's ability to continue as a going concern. MARELLI AUTOMOTIVE SYSTEMS EUROPE PLC STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 - 2 - Review of the business and key performance indicators The directors consider the key perf
Key FinancialsYear ending 31/12/2024
Net Worth
-£192.6M
Balance sheet strength
Cash
£394k
Cash in the bank
Profit Before Tax
-£11.0M
Bottom line earnings
Net Current Assets
-£43.5M
Working capital
Current Assets
£353k
Current Liabilities
£43.9M
Fixed Assets
£36.0M
Debtors
£38.2M
Cost of Sales
£506.5M
Admin Expenses
£13.9M
Profit After Tax
-£11.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.01 |
Derived from filed accounts. Not audited figures.