UK Companies House feature
TRAFFIC TECH EUROPE LTD.
Cash
£17K
-67.5% vs 2023
Net assets
-£724K
-25.9% vs 2023
Employees
3
-50% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 13539467
- Status
- Active
- Incorporation
- 2021-07-30
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 52290
Net assets
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | -£236,084 | -£148,778 | |
| Cash | — | — | £51,928 | £16,881 | |
| Total assets less current liabilities | £3,695,514 | — | £124,742 | -£575,187 | |
| Net assets | £752,312 | — | -£575,218 | -£723,996 | |
| Equity | £752,312 | -£339,134 | -£575,218 | -£723,996 | |
| Average employees | 3 | — | 6 | 3 | |
| Wages | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Nortons Assurance Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not 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.”
Subsidiaries
- Traffic Tech Netherlands B.V. · 100% held · Netherlands
- Traffic Tech Ireland Limited · 100% held · Ireland
- Traffic Tech U.K. Limited · 100% held · United Kingdom
- Traffic Tech Germany GmbH · 100% held · Germany
- Traffic Tech Nordics AB · 100% held · Sweden
Significant events
- “During 2024, the focus remained on stabilising the European organisation following the extensive restructuring completed in 2023. These actions reduced the regional footprint by two offices and lowered staffing levels by a total of 22 FTE.”
- “The measures taken throughout the year reduced net profit deficits and established a more sustainable platform for future growth across the European region.”
- “Throughout 2025, we continued to consolidate operational activities across Europe and advance efficiency initiatives to ensure that regional growth remains sustainable within our existing operational structure.”
- “During the year, operational adjustments were required following the unexpected withdrawal of our rail terminal concession in Sweden, which resulted in the loss of a long standing terminal customer. Owing to a robust and well developed commercial pipeline, this volume was replaced swiftly, enabling us to diversify across multiple customers and enhance resilience by reducing reliance on a single account.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PURDY, Lee James | Secretary | 2025-01-22 | — | — |
| ARNOTT, Brian | Director | 2021-07-30 | Aug 1964 | Canadian |
| PURDY, Lee James | Director | 2025-01-22 | Sep 1979 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POSLUNS, Lori | Secretary | 2021-07-30 | 2024-11-30 |
| DE KOCK, Willem Morkel | Director | 2022-10-03 | 2025-01-22 |
| POSLUNS, Lori | Director | 2021-11-04 | 2024-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brian Arnott | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-30 | Active |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-04 | DISS40 | gazette | gazette filings brought up to date |
| 2026-03-03 | GAZ1 | gazette | gazette notice compulsory |
| 2026-02-27 | AA | accounts | accounts with accounts type group |
| 2025-08-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-01-24 | TM01 | officers | termination director company with name termination date |
| 2025-01-23 | AP03 | officers | appoint person secretary company with name date |
| 2025-01-23 | AP01 | officers | appoint person director company with name date |
| 2025-01-21 | RESOLUTIONS | resolution | resolution |
| 2025-01-21 | MA | incorporation | memorandum articles |
| 2024-12-12 | TM02 | officers | termination secretary company with name termination date |
| 2024-12-12 | TM01 | officers | termination director company with name termination date |
| 2024-09-29 | AA | accounts | accounts with accounts type micro entity |
| 2024-07-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-16 | CH01 | officers | change person director company with change date |
| 2024-07-16 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-07-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-21 | CH01 | officers | change person director company with change date |
| 2023-07-21 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-05-31 | AA | accounts | accounts with accounts type micro entity |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
14
COLD
/ 100
- Filings velocity 42
- Capital events 0
- Officer churn 0
- Headcount trajectory 0
- Accounts trajectory 24
- 5 filing(s) in last 12 months
- Employees -50% YoY
- Net Assets -26% YoY