{"name":"C.P. WITTER LIMITED","company_number":"01362420","status":"Active","type":"Private Limited Company","incorporated":"1978-04-11","dissolved":null,"registered_office":"Dyke Yaxley Limited 1 Brassey Road, Old Potts Way, Shrewsbury, Shropshire, United Kingdom, SY3 7FA","postcode":"SY3 7FA","sic_codes":[{"code":25990,"description":"Manufacture of other fabricated metal products not elsewhere classified"}],"principal_activity":"C.P. Witter is a wholly owned subsidiary of Horizon Global European Holdings Limited. The principal activity of the company during the year was the manufacture, assembly and marketing of tow bars and accessories. The results and financial position of the company for the year ended 31 December 2024 are displayed on pages 9-11. The directors consider the results to reflect the difficult market conditions experienced in the year.","previous_names":[{"name":"DERBYSEEK LIMITED","changed_on":"1990-12-04"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":23,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","profit_loss":-1260658,"net_assets":-3626040,"cash":486532,"average_employees":23},{"financial_date":"2023-12-31","profit_loss":-640326,"net_assets":-2365382,"cash":649580,"average_employees":35},{"financial_date":"2022-12-31","net_assets":-1725056,"cash":378063},{"financial_date":"2021-12-31","net_assets":542901,"cash":253562}],"officers":{"current":1,"resigned":32,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"C.P. WITTER LIMITED is a technically insolvent subsidiary undergoing significant restructuring, with a 43% drop in sales and deepening losses. Its ability to continue as a going concern relies entirely on a letter of support from its parent, First Brands Group LLC. From a credit standpoint, the company does not have the standalone financial strength to service new debt, and a DECLINE recommendation is warranted.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/cp-witter","people":"https://www.companiesintheuk.co.uk/company/cp-witter/people","filing_history":"https://www.companiesintheuk.co.uk/company/cp-witter/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01362420","financials":"https://www.companiesintheuk.co.uk/company/cp-witter/financial","control":"https://www.companiesintheuk.co.uk/company/cp-witter/control","charges":"https://www.companiesintheuk.co.uk/company/cp-witter/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/cp-witter/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/cp-witter"}