PRODRIVE AUTOMOTIVE TECHNOLOGY (EUROPE) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-19 (in 6mo)
Last made up 2025-11-05
Watchouts
None on the register
Cash
£461K
+46,000% vs 2023
Net assets
£2M
-28.1% vs 2023
Employees
56
+19.1% vs 2023
Profit before tax
-£729K
-122.3% vs 2023
Name history
Renamed 2 times since incorporation
- PRODRIVE AUTOMOTIVE TECHNOLOGY (EUROPE) LIMITED 2001-12-03 → present
- TICKFORD ENGINEERING LIMITED 1997-05-02 → 2001-12-03
- INGLEBY (940) LIMITED 1996-09-27 → 1997-05-02
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,115,000 | £11,518,000 | |
| Operating profit | -£312,000 | -£717,000 | |
| Profit before tax | -£328,000 | -£729,000 | |
| Net profit | -£328,000 | -£729,000 | |
| Cash | £1,000 | £461,000 | |
| Total assets less current liabilities | £2,739,000 | £3,394,000 | |
| Net assets | £2,590,000 | £1,861,000 | |
| Equity | £2,590,000 | £1,861,000 | |
| Average employees | 47 | 56 | |
| Wages | £2,082,000 | £2,451,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.8% | -6.2% | |
| Net margin | -4.0% | -6.3% | |
| Return on capital employed | -11.4% | -21.1% | |
| Gearing (liabilities / total assets) | 59.3% | 63.5% | |
| Current ratio | 1.55x | 2.71x | |
| Interest cover | -19.50x | -59.75x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment, the directors believe it is appropriate to prepare the financial statements on the going concern basis.”
Group structure
- PRODRIVE AUTOMOTIVE TECHNOLOGY (EUROPE) LIMITED · parent
- Prodrive Engineering Limited 100%
- Prodrive Advanced Technologies Limited 100%
Significant events
- “In January 2025, Prodrive Engineering Limited ceased trading after a sale of its trade and assets to Prodrive Automotive Technology (Europe) Limited, its immediate parent.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLCHESTER, Tim Mark | Director | 2014-01-27 | May 1971 | British |
| RICHARDS, David Pender | Director | 2016-05-27 | Jun 1952 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Timothy Carew | Secretary | 2001-08-31 | 2016-01-28 |
| HALL, David | Secretary | 1997-05-02 | 1997-07-31 |
| HORSLEY, Richard Geoffrey Courtenay | Secretary | 1997-07-31 | 1999-09-15 |
| LAWRENCE, Mark | Secretary | 1999-09-15 | 2001-08-31 |
| INGLEBY NOMINEES LIMITED | Corporate Nominee Secretary | 1996-09-27 | 1997-05-02 |
| BOOTH, Michael James | Director | 1998-11-25 | 2002-06-17 |
| BURNICLE, David Simpson | Director | 1997-05-02 | 2001-05-17 |
| BUTCHER, Anthony James | Director | 2006-11-30 | 2014-09-18 |
| CARTWRIGHT, Dominic Owen | Director | 2014-09-26 | 2016-05-27 |
| DOWNING, Ian Charles | Director | 1997-10-01 | 2002-06-17 |
| FRY, Nicholas Richard | Director | 2001-05-17 | 2004-12-31 |
| HALL, David | Director | 1997-05-02 | 1997-07-31 |
| HORSLEY, Richard Geoffrey Courtenay | Director | 1997-05-02 | 2001-05-17 |
| LAWRENCE, Mark | Director | 1999-09-15 | 2001-08-31 |
| MORGAN, David Barrie | Director | 1997-05-02 | 2002-06-17 |
| PETERS, Michael Steward | Director | 1999-09-15 | 2001-05-17 |
| REEVES, James William | Director | 2025-04-17 | 2025-12-18 |
| ROCHE, Iain Thomas, Dr | Director | 2022-05-01 | 2024-10-28 |
| RYDER, Paul Jeffrey | Director | 1997-04-16 | 1998-11-12 |
| TAYLOR, David Spencer | Director | 2016-08-31 | 2019-12-15 |
| TEMPEST, Andrew George | Director | 2002-06-17 | 2006-11-30 |
| THURSTON, John | Director | 1997-05-02 | 2001-05-18 |
| INGLEBY HOLDINGS LIMITED | Corporate Nominee Director | 1996-09-27 | 1997-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Prodrive (Holdings) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-04-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2022-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-07-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-09 | AA | accounts | Accounts with accounts type small | |
| 2020-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-22 | AA | accounts | Accounts with accounts type small | |
| 2019-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2019-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-13 | AA | accounts | Accounts with accounts type small | |
| 2018-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+41.9%
£8,115,000 £11,518,000
-
Cash
+46,000%
£1,000 £461,000
-
Net assets
-28.1%
£2,590,000 £1,861,000
-
Employees
+19.1%
47 56
-
Operating profit
-129.8%
-£312,000 -£717,000
-
Profit before tax
-122.3%
-£328,000 -£729,000
-
Wages
+17.7%
£2,082,000 £2,451,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers