CONTRACT AUTO ENGINEERING LIMITED
Company number 04785963 · Monitor this company
The confirmation statement for this company is overdue.
Executive summary
Contract Auto Engineering Limited represents a failed micro-cap automotive fabrication business that has entered liquidation after a prolonged period of cash depletion and balance sheet deterioration. The company's financial metrics fall significantly below sector norms—a current ratio of 0.92x, cash representing just 0.16% of current assets, and net current liabilities of £11,481 all indicate an unviable going concern. The extraction of dividends by directors during the final trading period, whilst crown debts accumulated to over £63,000, raises governance concerns typical of distressed UK manufacturing SMEs in the automotive supply chain. The liquidation reflects broader sector pressures including input cost inflation, automotive volume decline, and the chronic late-payment culture that disproportionately affects smaller fabricators.
Shareholders' funds
£6,149
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-06-03
- Registered office
- Darwin House, 7, Kidderminster Road, Bromsgrove, Worcestershire, B61 7JJ
- Postcode
- B61 7JJ
- Capital
- 10 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-06-03
- Next due by
- 2026-06-17 Overdue
Nature of business (SIC)
- 25990 Manufacture of other fabricated metal products not elsewhere classified
Officers 3 current · 2 resigned
Previous registered addresses 4
| Address | Changed on |
|---|---|
| UNIT 2 WARD ROAD, SANDY LANE INDUSTRIAL ESTATE, STOURPORT ON SEVERN, WORCESTERSHIRE, DY13 9QB | 2014-03-26 |
| GISTERED OFFICE CHANGED ON 01/07/2008 FROM, UNIT 2 WARD ROAD, SANDY LANE INDUSTRIAL ESTATE, STOURPORT ON SEVERN, WORCESTER, DY13 9QB | 2008-07-01 |
| UNIT 2 WARD ROAD, SANDY LANE INDUSTRIAL ESTATE, STOURPORT ON SEVERN, WORCESTER, DY13 9QB | 2008-07-01 |
| UNIT 21 HOOBROOK ENTERPRISE, CENTRE, WORCESTER ROAD, KIDDERMINSTER, DY10 1HB | 2005-10-24 |
The class of 2003
50%
of the 459 companies in this sector incorporated in 2003 are still active today; 47% have since been dissolved.
A fact about the year, not a forecast for this company.