MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED
ActiveKey figures
† MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2025Sector comparison
SIC 29320Where the company stands among the 2,109 active companies whose first SIC code is 29320 (Manufacture of other parts and accessories for motor vehicles).
- MSSL (GB) LIMITED£1.2bn
- FORTESCUE ZERO LIMITED£94.8m
- BORGWARNER LIMITED£75.7m
- SAI AUTOMOTIVE FRADLEY LTD£66.1m
- BROSE LIMITED£51.7m
- HIAB LIMITED£42.3m
- OPMOBILITY EXTERIOR UK LIMITED£35.1m
- WEBASTO ROOF SYSTEMS LTD.£31.8m
- MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED£31.5m
- WALSALL PRESSINGS COMPANY LIMITED£29.2m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,109. The line on each bar marks the median.
Summary: MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED
What kind of company is it?
MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED is a private limited company registered with Companies House under company number 03640941. It was incorporated on 30 Sep 1998. Its status is active. The registered office is in Cwmbran (NP44). Its nature of business (SIC 2007) is manufacture of other parts and accessories for motor vehicles (29320).
How is the company doing financially?
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £127,162,000. Loss for the year was £10,084,000. Net assets were £31,549,000. Total assets were £128,144,000 and total liabilities £101,633,000. Figures are available for 2 financial years (2024–2025).
How does it compare with similar companies?
Compared with 2,109 active companies whose first SIC code is 29320: By turnover it ranks higher than 93% of the 113 that publish turnover (median £13,379,630). By net assets it ranks higher than 99% of them (median £6,946). By total assets it ranks higher than 99% of them (median £61,220). It is older than 91% of them (median age 5.4 years).
Has it received government grants?
It is recorded as the recipient of 8 central government grants worth £1.5m, mainly from Department for Business, Energy and Industrial Strategy.
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly rubber, iron and steel articles, machinery. HMRC lists it as an exporter of goods, mainly electrical equipment, vehicles, iron and steel articles. In its latest payment practices report it took an average of 73 days to pay suppliers, and 36% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 2.8% lower than for men. It has modern slavery statements on the government registry for 4 years.
Who runs and controls the company?
One person with significant control is registered. 1 of 1 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 14 Oct 2027.
Filed accounts2024–2025
| 2024 † | 2025 † | |
|---|---|---|
| Turnover | 124,786,000 | 127,162,000 |
| Profit for the year | -7,285,000 | -10,084,000 |
| Total assets | 108,689,000 | 128,144,000 |
| Total liabilities | 80,890,000 | 101,633,000 |
| Net assets / total equity | — | 31,549,000 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Government grants
8 grantsMERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED is recorded as the recipient of 8 central government grants since 2020, together worth £1.5m.
- Department for Business, Energy and Industrial Strategy
- 5 grants · £832.3k
- Department for Science, Innovation and Technology
- 3 grants · £717.6k
- EPIC (Electric Powertrain Integration for heavy Commercial vehicles) ProjectDepartment for Business, Energy and Industrial Strategy · £653,128 · UKRI - Innovate UK - Scheme 22/23
- Coated Disc - Manufacture and coating of high-performance rotors using EHLA technologyDepartment for Business, Energy and Industrial Strategy · £28,841 · UKRI - Innovate UK - Scheme 22/23
- Coated Disc - Manufacture and coating of high-performance rotors using EHLA technologyDepartment for Business, Energy and Industrial Strategy · £24,089 · UKRI - Innovate - Scheme 21/22
- Coated Disc - Manufacture and coating of high-performance rotors using EHLA technologyDepartment for Science, Innovation and Technology · £27,006 · UKRI - Innovate UK - Scheme
- PARETA - High Efficiency Parallel Motor for Automotive ApplicationDepartment for Business, Energy and Industrial Strategy · £980 · UKRI - Innovate - Scheme 21/22
Show 3 more
- EPIC (Electric Powertrain Integration for heavy Commercial vehicles) ProjectDepartment for Business, Energy and Industrial Strategy · £125,294 · UKRI - Innovate - Scheme 21/22
- EPIC (Electric Powertrain Integration for heavy Commercial vehicles) ProjectDepartment for Science, Innovation and Technology · £527,190 · UKRI - Innovate UK - Scheme
- EPIC (Electric Powertrain Integration for heavy Commercial vehicles) ProjectDepartment for Science, Innovation and Technology · £163,354 · UKRI-APC-Scheme
From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.
Statutory reporting
- Average time taken to pay invoices
- 73 days
- Invoices not paid within agreed terms
- 36%
- Member of a payment code
- No
- Within 30 days 19%
- 31 to 60 days 35%
- After 60 days 46%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Dec 2025
- 63
- 22%
- 23%
- 30 Jun 2025
- 70
- 20%
- 35%
- 31 Dec 2024
- 62
- 25%
- 27%
- 31 Dec 2023
- 68
- 17%
- 39%
- 30 Sep 2023
- 69
- 16%
- 26%
- 31 Mar 2023
- 74
- 18%
- 31%
- 30 Sep 2022
- 65
- 15%
- 27%
- Median hourly pay
- women 2.8% lower
- Mean hourly pay
- women 3% higher
- Median bonus pay
- women 10.1% lower
- Employer size
- 250 to 499 employees
Earlier years (8)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 6.4% lower
- women 2% higher
- 2023/24
- women 7.6% lower
- women 2.5% higher
- 2022/23
- women 7.2% lower
- women 0.4% higher
- 2021/22
- women 4.7% lower
- women 3.1% higher
- 2020/21
- women 8.2% lower
- women 19.9% lower
- 2019/20
- women 3.7% lower
- women 0.9% higher
- 2018/19
- women 3.2% lower
- women 6.3% lower
- 2017/18
- women 6.3% lower
- women 3% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2026
- Statement · summary on GOV.UK · group statement (CUMMINS LTD.)
- 2025
- Statement · summary on GOV.UK · group statement (CUMMINS LTD.)
- 2024
- Statement · summary on GOV.UK
Earlier years (1)
- 2023
- Statement · summary on GOV.UK
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Routes
- Global Business Mobility: Senior or Specialist Worker, Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: rubber, iron and steel articles, machinery, electrical equipment and vehicles.
Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, vehicles, iron and steel articles, plastics and rubber.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
4 events- Financial year 2025 endedAccounts: turnover £127.2m, net assets £31.5m
- Financial year 2024 endedAccounts: turnover £124.8m
- Arvin European Holdings (Uk) Limited registered as a person with significant control
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.