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Highly Marelli Uk Limited

12434702

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HIGHLY MARELLI UK LIMITED UNITS 2 AND 3 STEPHENSON ROAD, WASHINGTON, NE37 3HR
Incorporated 31/01/2020

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Ldc Nominee Secretary Limited

secretary · Since 20/09/2021

Also on 153 other boards

Hiroshi Sugiura

director · Since 15/09/2025

GLOBAL FINANCE DIRECTOR

JAPANESE · JAPAN · Age 53

Persons with Significant Control

Kkr & Co. Inc.

25–50% shares
25–50% votes

9 West 57th Street, Suite 4200, New York

Reg: 26-0426107 · United States Securities And Exchange Commission · Incorporation

Notified 01/12/2020

Former PSCs

Marelli Automotive Systems Uk Limited

Ceased 01/12/2020

CompanyRankvs 11330+ SIC 29320 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1133Highly Marelli Uk Limited
38
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.

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.

Longevity6/15 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

of support is currently available. Whilst this creates doubt on the Company’s ability to continue as a going concern, the director expects that the group will continue to provide this support for a period of one year from signing the financial statements. The Company therefore continues to adopt the going concern b

Key FinancialsYear ending 31/12/2024

Net Worth

-£27.2M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

-£29.5M

Working capital

Current Assets

£10.4M

Current Liabilities

£39.9M

Fixed Assets

£3.2M

Debtors

£6.3M

Profit After Tax

-£8.9M

90avg. employees-5

Balance Sheet

Assets less current liabilities-£26.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£8.9M
20230.41—

Derived from filed accounts. Not audited figures.