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Tvr Electric Vehicles Limited

08486573

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

E2 YEOMAN GATE OFFICE PARK, WORTHING, BN13 3QZ
Incorporated 12/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29100
Manufacture of motor vehicles

Officers

Mr Leslie Hugh Edgar

director · Since 12/04/2013

RETIRED

IRISH · ENGLAND · Age 67

Also on 15 other boards

Mr John Crombie Chasey

director · Since 30/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 12 other boards

Mr Paul William Thompson

director · Since 17/04/2015

ENGINEER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Matthew Charles Truelove

director · Since 26/11/2015

SOLICITOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr John Crombie Chasey

secretary · Since 01/07/2020

Also on 12 other boards

Mr Garry George Clarke

director · Since 21/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr Christopher John Devane

director · Since 12/11/2025

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mr Steven John Macmanus

director · Since 12/11/2025

BRITISH · UNITED STATES · Age 54

Also on 1 other board

Paul Abercrombie

director · Since 12/11/2025

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Tvr Automotive Limited

75–100% shares
75–100% votes

3000a Parkway, Whiteley, PO15 7FX

Reg: 08486313 · Companies House · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

FIDUCIAM NOMINEES LIMITED

Created 21/01/2021Registered 27/01/2021
Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 22/03/2018Registered 29/03/2018Satisfied 25/01/2021
Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 21/03/2016Registered 04/04/2016Satisfied 25/01/2021
Charge
satisfied

THE WELSH MINISTERS

Created 21/03/2016Registered 30/03/2016Satisfied 26/04/2022

CompanyRankvs 685+ SIC 29100 peers
11

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Longevity13/15 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

It is believed due to the current stage of negotiations and significant interest in the business, the necessary funding will be secured to ensure the company, and in turn the group, continues as a going concern. At the time of approval of these financial statements the directors have no particular reason to expect that such funding will not be secured, and that this mitigates the material uncertai

Key FinancialsYear ending 31/03/2019

Net Worth

-£1.9M

Balance sheet strength

Cash

£634

Cash in the bank

Net Current Assets

-£10.9M

Working capital

Current Assets

£163k

Current Liabilities

£11.1M

Fixed Assets

£9.0M

Debtors

£162k

Balance Sheet

Intangible assets£9.0M
Assets less current liabilities-£1.9M
Prepared with Caseware UK (AP4) 2018.0.111

EstimatesDerived

YearCurrent Ratio
20190.01

Derived from filed accounts. Not audited figures.