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L3harris Autonomous Surface Vehicles Limited

03689515

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

1 BLOSSOM YARD, LONDON, E1 6RS
Incorporated 29/12/1998

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

32990
Other manufacturing
71129
Other engineering activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Reed Smith Corporate Services Limited

secretary · Since 19/02/2024

BRITISH

Also on 450 other boards

Christoph Theodor Feddersen

director · Since 14/08/2024

ATTORNEY

AMERICAN · UNITED STATES · Age 55

Also on 4 other boards

Persons with Significant Control

L3harris Technologies Uk Limited

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

100 New Bridge Street, 100 New Bridge Street, London, EC4V 6JA

Reg: 11111631 · Companies House · Private Limited Company

Notified 25/10/2021

Former PSCs

Mr Thomas Stuart Chance

Ceased 20/09/2018

L3 Technologies Inc

Ceased 01/07/2019

L3harris Technologies Inc

Ceased 25/10/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2023Registered 03/10/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2019Registered 23/08/2019Satisfied 20/09/2024

CompanyRankvs 1292+ SIC 32990 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.22× · 12/20
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 strength25/25 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.

Liquidity12/20 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2024

Turnover

£10.2M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£16.3M

Cash in the bank

Profit Before Tax

-£10.1M

Bottom line earnings

Net Current Assets

£4.7M

Working capital

Current Assets

£25.8M

Current Liabilities

£21.1M

Fixed Assets

£1.6M

Debtors

£253k

Cost of Sales

£17.8M

Gross Profit

-£7.6M

Admin Expenses

£2.4M

Operating Profit

-£9.8M

Profit After Tax

-£10.2M

132avg. employees-17

People Costs

Wages & salaries£7.0M
NI contributions£801k

Balance Sheet

Assets less current liabilities£6.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£841k
20231.60+£6.9M
20220.72-£4.0M
20211.06+£1.3M
20200.93-£1.4M
20191.04

Derived from filed accounts. Not audited figures.