FAURECIA AUTOMOTIVE SEATING UK LIMITED
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Cash
£39M
+0.1% vs 2023
Net assets
£29M
-14.5% vs 2023
Employees
320
+9.2% vs 2023
Profit before tax
-£6.7M
-34.2% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £183,055,000 | £140,776,000 | -23.1% | |
| Operating profit | -£6,256,000 | -£7,764,000 | -24.1% | |
| Profit before tax | -£4,959,000 | -£6,657,000 | -34.2% | |
| Net profit | -£2,545,000 | -£4,948,000 | -94.4% | |
| Cash | £38,483,000 | £38,530,000 | +0.1% | |
| Total assets less current liabilities | £37,281,000 | £31,724,000 | -14.9% | |
| Net assets | £33,661,000 | £28,787,000 | -14.5% | |
| Equity | £33,661,000 | £28,787,000 | -14.5% | |
| Average employees | 293 | 320 | +9.2% | |
| Wages | £10,268,000 | £10,998,000 | +7.1% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.4% | -5.5% | |
| Net margin | -1.4% | -3.5% | |
| Return on capital employed | -16.8% | -24.5% | |
| Current ratio | 1.65x | 1.54x | |
| Interest cover | -11.05x | -13.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- FAURECIA AUTOMOTIVE SEATING UK LIMITED 2000-10-10 → present
- BERTRAND FAURE SEATING LIMITED 1995-08-11 → 2000-10-10
- BERTRAND FAURE TACHI-S UK LIMITED 1991-04-09 → 1995-08-11
- TRADEWAKE LIMITED 1990-11-07 → 1991-04-09
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the directors believe that it is appropriate to prepare these financial statements on a going concern basis.”
Group structure
- FAURECIA AUTOMOTIVE SEATING UK LIMITED · parent
- Faurecia Midlands Limited 100%
Significant events
- “Product sales for 2024 are £141m, a £42m decrease against the prior year. This is the direct result of the coming to an end of an existing customer programme, and the start, on a phased roll out of a new customer programme.”
- “Operating loss is reported at £7.8m against an operating loss of £6.3m in the previous year largely down to increases in costs as mentioned above and the drawing to an end of one of its car programmes.”
- “Management expects the first half of 2025 to slowly recover to a break even position and the latter part of the year, along with future years, to return to profitability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OCORIAN ADMINISTRATION (UK) LIMITED | Corporate Secretary | 2022-06-23 | — | — |
| MUSKALA, Krzysztof Tomasz | Director | 2025-02-11 | Mar 1973 | Polish |
| PICARD, Bertrand | Director | 2023-01-23 | Jan 1966 | French |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Neil Joseph | Secretary | 2004-07-20 | 2007-02-09 |
| WHITE, Malcolm John | Secretary | 1997-10-31 | 2001-05-31 |
| DRACLIFFE COMPANY SERVICES LIMITED | Corporate Secretary | 1991-12-19 | 1997-10-31 |
| DWS SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-06-01 | 2004-07-20 |
| EVERSECRETARY LIMITED | Corporate Secretary | 2018-11-02 | 2021-02-01 |
| HEALD NICKINSON (A FIRM) | Corporate Secretary | — | 1991-08-30 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2010-10-07 | 2018-09-03 |
| LDC NOMINEE SECRETARY LIMITED | Corporate Secretary | 2021-02-01 | 2022-06-23 |
| MUCKLE SECRETARY LIMITED | Corporate Secretary | 2007-02-09 | 2010-10-07 |
| BATTEUX, Armand | Director | 1992-09-14 | 2002-08-26 |
| CHOCHOY, Gerard Joseph Edouard | Director | 2003-08-27 | 2006-12-15 |
| DE VECCHI, Marco | Director | — | 1993-04-15 |
| DOUAY, Philippe | Director | 1993-04-15 | 2001-05-31 |
| GUILLEMOT, Phillippe Claude Andre | Director | 2002-08-26 | 2003-08-27 |
| IMBERT, Frank Jean Marie | Director | 2005-06-13 | 2014-02-03 |
| KOLLER, Patrick Willy | Director | 2006-12-15 | 2014-09-16 |
| LEGRAS, Guillaume Michel Dominique Yves | Director | 2016-09-19 | 2018-03-09 |
| PIPONNIER, Christophe | Director | 2018-03-09 | 2023-01-20 |
| POLAK, Christian Phillippe | Director | — | 2001-05-31 |
| SHIBUYA, Fumio | Director | — | 1995-07-27 |
| SIVIGNON, Pierre Jean Jerome | Director | 2001-06-01 | 2005-06-13 |
| TOURNAND, Jean Claude | Director | — | 1992-09-14 |
| VAN DEN MAEGDENBERGH, Jack | Director | 2014-02-03 | 2016-09-19 |
| FAURECIA INVESTMENTS | Corporate Director | 2014-09-16 | 2025-02-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Faurecia Investments | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-02-15 | Ceased 2018-02-15 |
| Faurecia Sa | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-02-15 |
| Faurecia Investments | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 191 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-12 | AA | accounts | Accounts with accounts type full | |
| 2025-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-25 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-07-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.