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Toyota Connected Europe Limited

11283634

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

2ND FLOOR, LONDON, EC1M 5QU
Incorporated 29/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr. Shinichi Taniguchi

director · Since 28/06/2023

DIRECTOR

JAPANESE · JAPAN · Age 62

Mr. Mamoru Hayakawa

director · Since 01/04/2024

DIRECTOR

JAPANESE · ENGLAND · Age 52

Mr. Kenichi Murata

director · Since 01/05/2025

CHIEF EXECUTIVE OFFICER

JAPANESE · ENGLAND · Age 55

Ms. Cordula Pleier

director · Since 01/05/2025

DIRECTOR

GERMAN · BELGIUM · Age 53

Persons with Significant Control

Toyota Motor Corporation

75–100% shares
75–100% votes

1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571

Reg: 1180301018771 · Japan · Stock Corporation

Notified 29/03/2018

CompanyRankvs 28653+ SIC 62090 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity8 years trading (max 15) · 8/15
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.

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.

Longevity8/15 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

in accordance with these requirements. Page 7 TOYOTA CONNECTED EUROPE LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF TOYOTA CONNECTED EUROPE LIMITED (CONTINUED) Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on

Key FinancialsYear ending 31/03/2024

Turnover

£41.2M

Annual revenue

Net Worth

-£37.0M

Balance sheet strength

Cash

£40.6M

Cash in the bank

Profit Before Tax

-£555k

Bottom line earnings

Net Current Assets

£19.9M

Working capital

Current Assets

£84.6M

Current Liabilities

£64.7M

Fixed Assets

£2.3M

Debtors

£10k

Cost of Sales

£34.1M

Gross Profit

£7.1M

Admin Expenses

£7.2M

Operating Profit

-£1.5M

Profit After Tax

-£1.2M

67avg. employees+9

Tax at Year End(2022)

Corp tax£101k

People Costs

Wages & salaries£8.4M
NI contributions£1.0M

Balance Sheet

Assets less current liabilities£22.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31-£1.2M
20230.79-£41.4M
20223.25

Derived from filed accounts. Not audited figures.