MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED
Get an alert when MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£32m
-50% lowest in 3 filed years
Employees
438
-0.5% vs 2024
Profit before tax
-£2.9m
+49.6% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £143,292,000 | £124,786,000 | £127,162,000 | +1.9% | |
| Operating profit | -£7,667,000 | -£4,810,000 | -£1,692,000 | +64.8% | |
| Profit before tax | -£6,172,000 | -£5,774,000 | -£2,909,000 | +49.6% | |
| Net profit | -£14,872,000 | -£7,285,000 | -£10,084,000 | -38.4% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £74,932,000 | £63,158,000 | £31,549,000 | -50% | |
| Equity | £74,932,000 | £63,158,000 | £31,549,000 | -50% | |
| Average employees | 475 | 440 | 438 | -0.5% | |
| Wages | £17,389,000 | £16,290,000 | £17,043,000 | +4.6% | |
| Directors' remuneration | £294,000 | £445,000 | £481,000 | +8.1% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -5.4% | -3.9% | -1.3% | |
| Net margin | -10.4% | -5.8% | -7.9% | |
| Current ratio | 1.14x | 0.89x | 0.80x | |
| Interest cover | -4.25x | -1.71x | -0.53x |
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 1 time since incorporation
- MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED 1998-11-13 → present
- 3117TH SINGLE MEMBER SHELF TRADING COMPANY LIMITED 1998-09-30 → 1998-11-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result of this, the directors are comfortable that the Company has sufficient resources to continue to trade for at least twelve months from the date of signing the financial statements and meet any liabilities as they fall due.”
Group structure
- MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED · parent
- Meritor Czech s.r.o. 100%
Significant events
- “Subsequent to the balance sheet date, it was identified that the Company has surrendered tax losses over a number of years to fellow group undertakings for £nil consideration without sufficient distributable reserves to support the surrenders.”
- “The Company has now received legal advice in relation to this matter and has taken appropriate measures to address and remediate the distributable reserves position by implementing various reductions of share capital after the balance sheet date to return the Company back into a positive distributable reserves position.”
- “As outlined in the Strategic Report, the Company entered into a long-term agreement with its major OEM customer, Volvo Trucks, in January 2024.”
- “In addition, the Company will begin to realise the full benefits of the $35m strategic investment in the Cwmbran facility during 2026, which is expected to enhance operational efficiency and profitability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BYRNE, Anna Louise | Director | 2025-10-01 | Jan 1983 | British |
| GARDINER, Gwynfor Ian | Director | 2022-11-16 | Sep 1967 | British |
| HOLTHOUSE, Amerigo, Mr. | Director | 2024-08-01 | Jan 1981 | Italian |
| JANISZEWSKI, Stephane | Director | 2024-08-01 | Oct 1968 | Swiss |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRISON, David Brian Roy | Secretary | 2009-07-16 | 2011-06-29 |
| JAMES, Huw David | Secretary | 2021-01-01 | 2025-10-01 |
| JAMES, Huw David | Secretary | 2016-06-01 | 2019-02-28 |
| JOHNSON, Allan Howie Stanley | Secretary | 1998-11-03 | 2007-04-12 |
| LAMBE, Aiden Peter | Secretary | 2011-06-29 | 2016-06-01 |
| LAMBE, Aiden Peter Michael | Secretary | 2007-04-12 | 2009-07-16 |
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2019-02-28 | 2025-06-02 |
| SISEC LIMITED | Corporate Secretary | 1998-09-30 | 1998-11-03 |
| BIALY, Paul | Director | 2013-06-12 | 2015-12-11 |
| CARVALHO, Sergio | Director | 2004-12-08 | 2007-05-31 |
| CRABLE, John Allen Gretkierewicz | Director | 2010-03-01 | 2013-06-12 |
| CRAIG, Jay | Director | 2007-07-11 | 2010-03-01 |
| DE LA RIVA, Juan Louis | Director | 1998-11-03 | 1999-04-19 |
| ETUE, Daniel | Director | 2013-07-16 | 2015-12-11 |
| FRANKIEWICZ, Walter Edward | Director | 1998-11-03 | 2000-09-30 |
| GREENFIELD, David Wesley | Director | 1998-11-03 | 1999-08-02 |
| HOGAN, Kenneth James | Director | 2020-02-03 | 2022-11-16 |
| HOPGOOD, Daniel Roy | Director | 2010-03-01 | 2011-12-01 |
| JAMES, Huw David | Director | 2016-06-01 | 2025-10-01 |
| JOHNSON, Allan Howie Stanley | Director | 1998-11-03 | 2007-04-12 |
| LAMBE, Aiden Peter Michael | Director | 2004-12-08 | 2016-06-01 |
| LEI, Mike | Director | 2013-07-16 | 2015-12-11 |
| MCBRIDE, James Michael | Director | 2022-11-16 | 2024-08-01 |
| MCGREGOR, Scott | Director | 2013-07-16 | 2018-04-23 |
| NICOL, Anthony Ernest | Director | 2015-12-14 | 2020-02-03 |
| NOWLAN, Kevin Anthony | Director | 2011-12-01 | 2013-02-11 |
| NUIJT, Hugorinus Catharinus | Director | 2007-07-03 | 2010-03-01 |
| PENZKOFER, Brett | Director | 2013-02-25 | 2013-06-12 |
| RAMOS, Jose Arturo | Director | 2018-04-23 | 2024-08-01 |
| RANKIN, Charles | Director | 2002-02-07 | 2005-03-31 |
| RICHARDSON, Arthur Shepherd | Director | 2000-10-31 | 2002-04-30 |
| SACHDEV, Rakesh | Director | 2000-12-12 | 2004-12-08 |
| SCHAITKIN, Mark | Director | 2013-06-12 | 2018-04-23 |
| SCHMITTER, Craig | Director | 2013-07-16 | 2015-12-18 |
| SCIPIONI, Tullio | Director | 2018-04-23 | 2022-11-16 |
| THOMPSON, Richard Edgar | Director | 1999-04-12 | 2012-10-30 |
| LOVITING LIMITED | Corporate Director | 1998-09-30 | 1998-11-03 |
| SERJEANTS'INN NOMINEES LIMITED | Corporate Director | 1998-09-30 | 1998-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arvin European Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-30 | Active |
Filing timeline
Last 20 of 180 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-15 | AA | accounts | Accounts with accounts type full | |
| 2026-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-08 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-05-08 | SH20 | capital | Legacy | |
| 2026-05-08 | CAP-SS | insolvency | Legacy | |
| 2026-05-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 2
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.