MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED

MERITOR, GRANGE ROAD, CWMBRAN, GWENT, NP44 3XU

Company Number: 03640941
Incorporation date: 30-Sep-1998
Status: Active
Entity type: Private Limited Company

SIC codes:
30990 Manufacture of other transport equipment not elsewhere classified

SUMMARY

This company is 26.2 years old and is currently active. It is controlled by Arvin European Holdings (Uk) Limited. The company has positive equity (net assets) of GBP 149.8 million which has decreased from the previous year's figure of GBP 149.8 million. The latest reported revenue figure is GBP 148.3 millionThe company has 7 active officers (directors or partners) who are or were officers of 31 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Sep-2025
Accounts Filed: FULL (31-Dec-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
29-Sep-2019	GBP	148,265,000	-11,053,000	3,200,000	407,000		-6,817,000
30-Sep-2018	GBP						1,394,400
30-Sep-2017	GBP	119,982,000	-6,735,000	2,100,000	77,000		-2,672,000
30-Sep-2016	GBP	97,050,000	-7,894,000	6,006,000	1,310,000	987,000	-2,091,000
27-Sep-2015	GBP	89,034,000	-7,393,000		9,492,000	-15,150,000	-15,150,000
28-Sep-2014	GBP	96,280,000	-9,910,000		2,026,000	-11,833,000	-11,833,000
29-Sep-2013	GBP	100,375,000	-8,622,000	1,054,000	3,830,000		-11,398,000
30-Sep-2012	GBP	109,264,000	-2,857,000	2,278,000	4,318,000	2,612,000	2,308,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
29-Sep-2019	GBP	53,000	50,630,000	49,408,000	170,000	24,721,000	1,887,000		149,836,000
30-Sep-2018	GBP	53,000	53,503,000	46,716,000	210,000	247,241,000	1,887,000		149,836,000
30-Sep-2017	GBP	45,000	57,792,000	45,941,000	494,000		1,887,000		139,609,000
30-Sep-2016	GBP	39,000	49,006,000	24,935,000	906,000	24,724,000	1,887,000		132,321,000
27-Sep-2015	GBP	26,000	32,773,000		128,072,000	90,846,000	1,887,000	-197,159,000	-104,426,000
28-Sep-2014	GBP	45,000	33,331,000	5,627,000	104,493,000	90,846,000	1,887,000	-182,009,000	-89,276,000
29-Sep-2013	GBP	43,000	39,378,000	12,952,000	80,785,000	90,846,000	1,887,000	-170,176,000	-77,443,000
30-Sep-2012	GBP	532,000	37,556,000		78,103,000	90,846,000	1,887,000	-158,778,000	-66,045,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
29-Sep-2019	GBP	-900.13%	-222,520,000	247,241,000	24,721,000	136,118,000
30-Sep-2016	GBP	-267.44%	-66,122,000	90,846,000	24,724,000	122,241,500

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Huw David JAMES	01 Jan 2021	09 Dec 2024			1 - 0
Active	NOROSE COMPANY SECRETARIAL SERVICES LIMITED	28 Feb 2019	09 Dec 2024			121 - 712
Resigned	Huw David JAMES	01 Jun 2016	28 Feb 2019			0 - 1
Resigned	Aiden Peter LAMBE	29 Jun 2011	01 Jun 2016			0 - 1
Resigned	David Brian Roy HARRISON	16 Jul 2009	29 Jun 2011	Finance Manager	British	0 - 1
Resigned	Aiden Peter Michael LAMBE	12 Apr 2007	16 Jul 2009	Financial Controller	British	1 - 22
Resigned	Allan Howie Stanley JOHNSON	03 Nov 1998	12 Apr 2007	Lawyer	British	3 - 48
Resigned	SISEC LIMITED	30 Sep 1998	03 Nov 1998			94 - 557

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Amerigo, Mr. HOLTHOUSE	01 Aug 2024		Director	Italian	27 - 0	0 (0.0%)
Active	Stephane JANISZEWSKI	01 Aug 2024		Director	Swiss	1 - 0	0 (0.0%)
Active	Gwynfor Ian GARDINER	16 Nov 2022		Business Executive	British	1 - 0	0 (0.0%)
Active	James Michael MCBRIDE	16 Nov 2022		Business Executive	British	2 - 0	0 (0.0%)
Resigned	Kenneth James HOGAN	03 Feb 2020	16 Nov 2022	Executive	American	0 - 1	0 (0.0%)
Active	Jose Arturo RAMOS	23 Apr 2018		Director	American	14 - 1	0 (0.0%)
Resigned	Tullio SCIPIONI	23 Apr 2018	16 Nov 2022	Director	Italian	0 - 3	0 (0.0%)
Active	Huw David JAMES	01 Jun 2016		Finance Director	British	10 - 1	1 (9.1%)
Active	Huw David JAMES	01 Jun 2016		Finance Director	British	14 - 0	0 (0.0%)
Resigned	Anthony Ernest NICOL	14 Dec 2015	03 Feb 2020	Managing Director	Canadian	0 - 2	0 (0.0%)
Resigned	Scott MCGREGOR	16 Jul 2013	23 Apr 2018	Finance Director	American	0 - 3	0 (0.0%)
Resigned	Mike LEI	16 Jul 2013	11 Dec 2015	Treasury Director	American	0 - 2	0 (0.0%)
Resigned	Daniel ETUE	16 Jul 2013	11 Dec 2015	Finance Executive	American	0 - 1	0 (0.0%)
Resigned	Craig SCHMITTER	16 Jul 2013	18 Dec 2015	Tax Professional	American	0 - 1	0 (0.0%)
Resigned	Mark SCHAITKIN	12 Jun 2013	23 Apr 2018	Legal Counsel	American	0 - 1	0 (0.0%)
Resigned	Paul BIALY	12 Jun 2013	11 Dec 2015	Accountant	American	0 - 8	1 (12.5%)
Resigned	Brett PENZKOFER	25 Feb 2013	12 Jun 2013	Financial Controller	American	0 - 7	0 (0.0%)
Resigned	Kevin Anthony NOWLAN	01 Dec 2011	11 Feb 2013	Finance	United States	0 - 11	2 (18.2%)
Resigned	Daniel Roy HOPGOOD	01 Mar 2010	01 Dec 2011	Vp & Assistant Controller	American	0 - 7	0 (0.0%)
Resigned	John Allen Gretkierewicz CRABLE	01 Mar 2010	12 Jun 2013	Attorney	United States	0 - 14	3 (21.4%)
Resigned	Jay CRAIG	11 Jul 2007	01 Mar 2010	Finance	Usa	0 - 2	0 (0.0%)
Resigned	Hugorinus Catharinus NUIJT	03 Jul 2007	01 Mar 2010	Business Lawyer	Dutch	0 - 5	1 (20.0%)
Resigned	Aiden Peter Michael LAMBE	08 Dec 2004	01 Jun 2016	European Financial Controller	British	1 - 22	4 (17.4%)
Resigned	Sergio CARVALHO	08 Dec 2004	31 May 2007	Vp, General Manager, Director	Brazilian	0 - 2	0 (0.0%)
Resigned	Charles RANKIN	07 Feb 2002	31 Mar 2005	Senior Director Operations	American	0 - 2	1 (50.0%)
Resigned	Rakesh SACHDEV	12 Dec 2000	08 Dec 2004	Vice President & Controller	American	0 - 4	0 (0.0%)
Resigned	Arthur Shepherd RICHARDSON	31 Oct 2000	30 Apr 2002	Engineer	British	0 - 3	1 (33.3%)
Resigned	Richard Edgar THOMPSON	12 Apr 1999	30 Oct 2012	Business Unit Director	British	1 - 8	3 (33.3%)
Resigned	Allan Howie Stanley JOHNSON	03 Nov 1998	12 Apr 2007	Lawyer	British	3 - 48	22 (43.1%)
Resigned	Juan Louis DE LA RIVA	03 Nov 1998	19 Apr 1999	Executive	American	0 - 1	0 (0.0%)
Resigned	David Wesley GREENFIELD	03 Nov 1998	02 Aug 1999	Attorney	American	0 - 1	0 (0.0%)
Resigned	Walter Edward FRANKIEWICZ	03 Nov 1998	30 Sep 2000	Business Executive	American	0 - 2	1 (50.0%)
Resigned	LOVITING LIMITED	30 Sep 1998	03 Nov 1998			1 - 144	55 (37.9%)
Resigned	SERJEANTS'INN NOMINEES LIMITED	30 Sep 1998	03 Nov 1998			1 - 147	55 (37.2%)

Number of active directors: 7
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 1.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Amerigo, Mr. HOLTHOUSE	Stephane JANISZEWSKI	Gwynfor Ian GARDINER	James Michael MCBRIDE	Jose Arturo RAMOS	Huw David JAMES	Huw David JAMES
MERITOR AFTERMARKET UK LIMITED (00092428) - Active	✔				✔	✔	✔
ARVINMERITOR LIGHT VEHICLE SYSTEMS (UK) LIMITED (00219220) - Active	✔				✔		✔
MERITOR AUTOMOTIVE EXPORT LIMITED (00226407) - Dissolved						✔
CUMMINS POWER GENERATION LIMITED (00262310) - Active	✔
MERITOR HEAVY VEHICLE SYSTEMS LIMITED (00379136) - Active	✔				✔	✔	✔
CUMMINS GENERATOR TECHNOLOGIES LIMITED (00441273) - Active	✔
WILMOT-BREEDEN (HOLDINGS) LIMITED (00462909) - Active	✔				✔	✔	✔
CUMMINS TURBO TECHNOLOGIES LIMITED (00506282) - Active	✔
CUMMINS LTD. (00573951) - Active	✔
MERITOR HEAVY VEHICLE SYSTEMS (MANUFACTURING) LIMITED (00921133) - Active					✔	✔	✔
ARVINMERITOR LIMITED (01037897) - Active	✔				✔		✔
CUMMINS U.K. HOLDINGS LTD. (01107126) - Active	✔
CUMMINS POWER GENERATION (UK) LIMITED (02058784) - Active	✔
ARVIN INTERNATIONAL (UK) LIMITED (02314948) - Active	✔				✔	✔	✔
POWER GROUP INTERNATIONAL LIMITED (02586705) - Active	✔
POWER GROUP INTERNATIONAL (OVERSEAS HOLDINGS) LIMITED (02699600) - Active	✔
ARVINMERITOR A&ET LIMITED (02796324) - Active	✔				✔	✔	✔
MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED (03640941) - Active	✔	✔	✔	✔	✔	✔	✔
ARVIN MOTION CONTROL LIMITED (03773109) - Active					✔	✔	✔
ARVIN EUROPEAN HOLDINGS (UK) LIMITED (03864157) - Active	✔				✔	✔	✔
CUMMINS ESB NIGERIA LIMITED (06960144) - Active	✔
CUMMINS EMEA HOLDINGS LIMITED (07829012) - Active	✔
CUMMINS PGI HOLDINGS LTD (08304429) - Active	✔
MERITOR HOLDINGS UK LTD. (10208076) - Active	✔				✔	✔	✔
CMI CANADA FINANCING LTD (10469320) - Active	✔
ATLANTIS HOLDCO UK LIMITED (12074704) - Active	✔
MERITOR AFTERMARKET EUROPE LIMITED (13057339) - Active	✔				✔		✔
MERITOR ELECTRIC POWERTRAIN SYSTEMS UK LIMITED (13202461) - Active				✔	✔		✔
AVK HOLDCO UK LIMITED (13596404) - Active	✔
HYDROGEN HOLDCO UK LIMITED (14567203) - Active	✔
MERITOR AFTERMARKET SWITZERLAND AG (FC029571) - Active					✔
CUMMINS ELECTRIFIED POWER EUROPE LTD. (SC285819) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-09-30	2016-09-30	2015-09-30	2014-09-30	2013-09-30
ARVIN EUROPEAN HOLDINGS (UK) LIMITED	ORDINARY	285,087,156 100%	247,240,986 100%	0 0%	0 0%	0 0%
ARVIN INTERNATIONAL UK LIMITED	ORDINARY	0 0%	0 0%	90,846,300 100.0%	90,846,300 100.0%	90,846,300 100.0%
AB GRUNDSTENEN 103108	ORDINARY	0 0%	0 0%	1 0.000%	1 0.000%	1 0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Cummins Inc. (35-0257090 - United States) active
  - >75%:Meritor Inc (38-3354643 - Usa) ceased
  50%-75%:Meritor Holdings Uk Limited (10208076 - United Kingdom) active
>75%:Arvin European Holdings (Uk) Limited (03864157 - United Kingdom) active

Controlling entities above

MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED

no controlled companies

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2023-10-01	2023-12-31	68	42%	39%	79235
2023-04-01	2023-09-30	69	49%	26%	76742
2022-10-01	2023-03-31	74	44%	31%	69872
2022-04-01	2022-09-30	65	45%	27%	69871
2021-10-01	2022-03-31	71	43%	49%	57676
2021-04-01	2021-09-30	60	39%	35%	56728
2019-10-01	2020-03-31	77	42%	27%	29929
2019-04-01	2019-09-30	59	36%	19%	22525
2018-10-01	2019-03-31	58	33%	18%	14253
2018-04-01	2018-09-30	59	42%	27%	7227
2017-10-01	2018-03-31	62	40%	24%	1990

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
A disc brake	2015-06-26	Terminated	GB2539716
A disc brake	2015-06-26	Terminated	GB2539717
Drum brake having a rotary actuator with an axis non-parallel to that of the drum	2010-05-12	Granted	GB2480287
Brake caliper	2010-04-07	Terminated	GB2479368
Brake force calculation means that estimates the vehicles weight and factors in an angle of incline	2009-02-05	Ceased	GB2457161
A brake system and method	2009-02-05	Ceased	GB2457162
A brake system and method	2009-02-05	Ceased	GB2457160
Brake lever/push rod retaining formation	2008-12-18	Ceased	GB2455905
A piston-type air brake actuator	2007-12-24	Ceased	GB2457224
Retaining formation	2007-12-24	Ceased	GB2455986
Brake carrier	2004-04-13	Granted	GB2413162
Play reducer for splines	2002-04-19	Terminated	GB2387639
Brake shoe and internal shoe drum brake	1999-06-16	Ceased	GB2358051
Brake adjuster mechanism	1996-08-07	Ceased	GB2304387

COMPETITORS

(Based on Sic code: 30990 Manufacture of other transport equipment not elsewhere classified)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
SIEMENS RAIL AUTOMATION HOLDINGS LIMITED	SIXTH FLOOR, THE LANTERN, 75 HAMPSTEAD ROAD, LONDON, ENGLAND, NW1 2PL	00016033	2017-09-30	457,214,000	53,993,000
DENSO MANUFACTURING UK LTD.	QUEENSWAY CAMPUS, TELFORD, SALOP, TF1 7FS	02502865	2018-03-31	216,928,000	4,153,000
MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED	MERITOR, GRANGE ROAD, CWMBRAN, GWENT, NP44 3XU	03640941	2017-12-31	119,982,000	-2,672,000
HITACHI AUTOMOTIVE SYSTEMS UK LTD.	MIDDLEBROOK BUSINESS PARK, ASPINALL WAY, HORWICH, BOLTON, LANCASHIRE, BL6 6JH	03302684	2018-03-31	83,175,000	3,477,000
DHOLLANDIA U.K. LIMITED	DHOLLANDIA UK, LATHAM ROAD, HUNTINGDON, CAMBRIDGESHIRE, PE29 6YG	03127833	2017-12-31	26,480,581	0
SEARS MANUFACTURING CO. (EUROPE) LIMITED	UNIT 42 RASSAU INDUSTRIAL ESTATE, RASSAU, EBBW VALE, GWENT, NP23 5SD	01275439	2017-12-31	19,402,141	0
RHINO PRODUCTS LIMITED	RHINO HOUSE RHINO HOUSE, DEANS ROAD, ELLESMERE PORT, ENGLAND, CH65 4DR	04734369	2018-04-30	11,668,496	0
TRICO LIMITED	DYKE YAXLEY LIMITED 1 BRASSEY ROAD, OLD POTTS WAY, SHREWSBURY, SHROPSHIRE, UNITED KINGDOM, SY3 7FA	00234268	2017-12-30	11,233,000	0
DRIVELINE HOLDINGS LIMITED	46 CHARLOTTE SQUARE, EDINBURGH, SCOTLAND, EH2 4HQ	SC428000	2017-10-31	449,169	0
FIELDS ENGINE SERVICE LIMITED	15A STATION ROAD, EPPING, ESSEX, ENGLAND, CM16 4HG	00624125	2018-03-31	144,610	0	68209-Other letting and operating of own or leased real estate
NZGC MANAGEMENT LIMITED	CAE HEDD, LLANTILIO CROSSENNY, ABERGAVENNY, WALES, NP7 8TL	10209174	2018-06-30	112,704	0	69201-Accounting and auditing activities
ARGYLE ENGINEERING SERVICES LIMITED	15 ARGYLE STREET, BURY, LANCASHIRE, BL9 5DX	04774142	2018-03-31	65,504	0
RONIAN LTD	SUMMIT HOUSE, MITCHELL STREET, EDINBURGH, SCOTLAND, EH6 7BD	SC278833	2018-05-04	58,558	0	47910-Retail sale via mail order houses or via Internet
ALBERT MONTSERRAT DESIGN LIMITED	10 HALKETTS HALL, LIMEKILNS, DUNFERMLINE, KY11 3HJ	SC451080	2018-05-31	56,046	0
PGJ EASTLAND INTERNATIONAL LIMITED	3A PEACOCK ALLEY, LEIGHTON BUZZARD, UNITED KINGDOM, LU7 1HF	10415805	2017-10-31	48,674	0	33160-Repair and maintenance of aircraft and spacecraft
EXTRA FOOT LIMITED	9 CLANBRASSIL GROVE, LURGAN, CRAIGAVON, NORTHERN IRELAND, BT66 6RU	NI617342	2018-03-31	45,604	0
RAYSTON ELECTRICAL LTD	CHADDESDEN ACCOUNTANTS LTD, 42A REGINALD ROAD SOUTH, CHADDESDEN, DERBY, UNITED KINGDOM, DE21 6NF	10503279	2019-03-31	33,886	0
KD TUNING LTD	UNIT 7 ST LUKES COURT, CLARKE WAY, SWANSEA, WINCH WEN, ENGLAND, SA1 7ER	10170706	2018-05-31	8,400	0
MUDDYZOOK LIMITED	34 PLANKS LANE, WOMBOURNE, WEST MIDLANDS, WV5 9HG	07079911	2018-11-30	607	0	62020-Information technology consultancy activities 81299-Other cleaning services
EINSTEIN IDEAS LIMITED	2 ST. LEONARDS ROAD, HARROGATE, NORTH YORKSHIRE, HG2 8NX	07347687	2018-01-31	105	0
BLADE BIKELIGHTS LIMITED	57 CARNARVON AVENUE, ENFIELD, LONDON, ENGLAND, EN1 3DU	10638509	2019-05-04	0	0
STRAPMASTER LIMITED	NEWPORT HOUSE, NEWPORT ROAD, STAFFORD, STAFFS, ST16 1DA	05928988	2018-03-31	0	0
MERITOR HOLDINGS UK LTD.	GRANGE ROAD, CWMBRAN, GWENT, UNITED KINGDOM, NP44 3XU	10208076	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium