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Treharne Automotive Engineering Limited

06523925

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

TREHARNE WORKSHOPS LLANELLI GATE, LLANELLI, SA14 8LQ
Incorporated 05/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Greg Heald

director · Since 06/04/2022

PRESIDENT

AMERICAN · UNITED STATES · Age 57

Also on 3 other boards

Mr George Kostopoulos

director · Since 06/04/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 61

Also on 4 other boards

Mr Al Victoria

director · Since 06/04/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 56

Also on 3 other boards

Mr James Bates

director · Since 01/08/2025

GENERAL MANAGER

ENGLISH · WALES · Age 41

Also on 2 other boards

Persons with Significant Control

Atcdt Corp

75–100% shares

., 39225 Country Club Drive, Farmington Hills

Reg: 5144166 · United States Delaware · Corporation

Notified 06/04/2022

Former PSCs

Mr Jason John Treharne

Ceased 06/04/2022

Mrs Clare Marion Treharne

Ceased 06/04/2022

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/08/2016Registered 12/08/2016Satisfied 08/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 02/11/2009Registered 06/11/2009Satisfied 05/08/2016

CompanyRankvs 876+ SIC 29320 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
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 strength0/25 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.

Liquidity2/20 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

cause doubt on the company's ability to continue as a going concern. The company continues to be dependent on the parent company and fellow group entities to enable them to meet their current obligations as they fall due. The ability of the company to continue operat

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.9M

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£3.8M

Fixed Assets

£281k

Debtors

£1.5M

Profit After Tax

-£429k

26avg. employees+2

Tax at Year End(2022)

Dividends paid£327k

Balance Sheet

Assets less current liabilities-£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£429k
20230.35-£781k
20220.48-£212k
20220.64-£1.2M
20213.15

Derived from filed accounts. Not audited figures.