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Cash

Latest balance sheet

Net assets

-£62M

-4.3% lowest in 3 filed years

Employees

0

Average over period

Profit before tax

-£3.4M

+12.5% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover
Operating profit -£146,000-£46,000-£26,000 +43.5%
Profit before tax -£3,479,000-£3,883,000-£3,399,000 +12.5%
Net profit -£2,656,000-£2,917,000-£2,545,000 +12.8%
Cash
Total assets less current liabilities -£56,438,000-£59,355,000-£61,900,000 -4.3%
Net assets -£56,538,000-£59,455,000-£62,000,000 -4.3%
Equity -£56,538,000-£59,455,000-£62,000,000 -4.3%
Average employees 000
Wages
Directors' remuneration £0£0

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 2023-12-312024-12-312025-12-31
Current ratio 0.02x0.03x0.04x
Interest cover -0.04x-0.01x-0.01x

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

  1. SEDDON ATKINSON VEHICLES LIMITED 1989-11-16 → present
  2. SEDDON DIESEL VEHICLES LIMITED 1951-03-16 → 1989-11-16

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
TC Group
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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 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.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 32 resigned

Name Role Appointed Born Nationality
MCCARTHY, Simon Marc Secretary 2009-08-31 British
MCCARTHY, Simon Marc Director 2007-04-12 Jun 1971 Australian
VOTA, Paolo Director 2024-06-05 May 1970 Italian
Show 32 resigned officers
Name Role Appointed Resigned
BLACKMORE, Michael Graham Secretary 2003-06-24 2007-04-12
FLETCHER, Mark William Secretary 2001-01-09 2001-08-31
IRVING, John Secretary 2000-12-30
PAYNE, Robert Secretary 2003-06-24 2009-08-31
CERTAGENT LIMITED Corporate Secretary 2001-11-08 2003-06-12
BALOUX, Raymond Pierre Director 1997-06-02 1999-02-26
BLACKMORE, Michael Graham Director 2002-02-01 2007-04-12
BONDESAN, Piero Director 1992-09-09
CARLUCCI, Antonio Director 1992-09-09 1997-06-02
CARRA, Carlo Director 1992-09-09 1996-04-09
CASTAGNA, Gianfrano Director 1992-09-09
DEL VECCHIO, Alessandro Director 2019-09-25 2022-06-10
FOX, Alan Bernard Director 1998-04-09
FRANCHI, Giuseppe Director 1998-02-19 2006-01-18
GABOARDI, Saverio Director 1995-09-04 1998-03-26
GALLO, Giuseppe Director 2001-07-19 2006-01-18
HUNTER, Paul Jeff Director 2015-01-23 2019-09-15
LUCCA, Giuseppe Director 1992-09-09 1995-09-04
MARELLO, Remo Director 1999-03-11 2007-06-11
MASSENZIO, Antonio Director 1999-03-11 2001-12-31
MAZZALLI, Mario Director 1992-09-09
MORGAN, Andrew William Director 2022-06-10 2024-06-05
PLENAT, Jean Director 1998-03-26 1999-03-01
SCHOFIELD, John White Director 1996-04-09 2006-12-31
SCULFOR, Robert Victor Director 1998-02-19
SRA, Luca Director 2011-07-06 2013-05-28
STOPPELLI, Aldo Director 1998-04-09 2001-05-24
THORNEYCROFT SMITH, Christopher Francis Director 2005-10-17 2007-04-02
VAN LEUVEN, Hendrikus Cornelis Director 2007-03-22 2011-07-06
WILD, Roy Director 1992-11-06
WILKINSON, Andrew Joseph Director 1996-04-09
ZANFRAMUNDO, Claudio Director 2013-08-28 2015-01-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Iveco Holdings Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 208 total filings

Date Type Category Description
2026-06-24 AA accounts Accounts with accounts type full
2026-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-28 AA accounts Accounts with accounts type full
2025-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-27 AA accounts Accounts with accounts type full
2024-06-05 TM01 officers Termination director company with name termination date PDF
2024-06-05 AP01 officers Appoint person director company with name date PDF
2024-05-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-16 AD01 address Change registered office address company with date old address new address PDF
2023-08-01 AA accounts Accounts with accounts type full
2023-05-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-07 AA accounts Accounts with accounts type full
2022-06-10 AP01 officers Appoint person director company with name date PDF
2022-06-10 TM01 officers Termination director company with name termination date PDF
2022-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-08 AA accounts Accounts with accounts type full
2021-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-05 AA accounts Accounts with accounts type full
2020-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-12-12 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page