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Auger Torque Europe Limited

03537549

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SHIPTON DOWNS FARM, CHELTENHAM, GL54 4DX
Incorporated 31/03/1998

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/04/2026

Due 04/05/2027

On track

Industry

28922
28922

Officers

Mr Thomas JãœRgen Friedrich

director · Since 03/02/2015

MANAGING DIRECTOR

GERMAN · GERMANY · Age 61

Mr Roland Olbrich

director · Since 03/02/2015

CFO

GERMAN · GERMANY · Age 59

Mr Ryan Thomas Ginty

director · Since 01/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Michael John Cartwright

secretary · Since 18/10/2024

Persons with Significant Control

Lifco Ab

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

1 Verkmastaregatan 1,, 745 85, Enkoping, 745 85

Reg: 556465-3185 · Bolagsverket · Aktiebolag

Notified 21/01/2025

Former PSCs

Mr Thomas Friedrich

Ceased 21/01/2025

Mr Alistair Brydon

Ceased 12/04/2024

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 20/08/1999Registered 02/09/1999Satisfied 21/10/2009

CompanyRankvs 15+ SIC 28922 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£9.3M

Annual revenue

Net Worth

£5.7M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£4.0M

Working capital

Current Assets

£4.5M

Current Liabilities

£498k

Fixed Assets

£1.8M

Debtors

£1.5M

Cost of Sales

£5.2M

Gross Profit

£4.2M

Admin Expenses

£3.1M

Profit After Tax

£3.1M

27avg. employees-4

Tax at Year End

Dividends paid-£2.5M

People Costs

Wages & salaries£1.5M
NI contributions£167k

Balance Sheet

Intangible assets£196k
Assets less current liabilities£5.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20248.97+£573k
20233.85+£309k
20212.78

Derived from filed accounts. Not audited figures.