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Traffic Tech Europe Ltd.

13539467

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

1 MEADLAKE PLACE OFFICE G20 &G21, SURREY, TW20 8HE
Incorporated 30/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Brian Arnott

director · Since 30/07/2021

BUSINESS OWNER

CANADIAN · MALTA · Age 62

Lee James Purdy

director · Since 22/01/2025

DIRECTOR

IRISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Lee James Purdy

secretary · Since 22/01/2025

Also on 2 other boards

Persons with Significant Control

Brian Arnott

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

Canadian · Malta · Age 62

1, Meadlake Place Office G20 &G21, Surrey, TW20 8HE

Notified 30/07/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/02/2022Registered 09/02/2022

CompanyRankvs 9662+ SIC 52290 peers
14

Financial strength0th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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9662Traffic Tech Europe Ltd.
34
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.

Employees12/15 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.

Longevity5/15 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Net Worth

-£724k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£4.7M

Working capital

Current Assets

£614k

Current Liabilities

£5.3M

Fixed Assets

£4.1M

Debtors

£597k

Profit After Tax

-£149k

3avg. employees

Balance Sheet

Assets less current liabilities-£575k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£0
20240.12-£2.1M
202343.90—

Derived from filed accounts. Not audited figures.