{"name":"TERRA NOVA EQUIPMENT LIMITED","company_number":"02827783","status":"Active","type":"Private Limited Company","incorporated":"1993-06-16","dissolved":null,"registered_office":"Hubaco House Unit 2 Railway View, Clay Cross, Chesterfield, England, S45 9FR","postcode":"S45 9FR","sic_codes":[{"code":13960,"description":"Manufacture of other technical and industrial textiles"},{"code":46410,"description":"Wholesale of textiles"},{"code":47910,"description":"Retail sale via mail order houses or via Internet"}],"principal_activity":null,"previous_names":[{"name":"WAKECO (75) LIMITED","changed_on":"1994-01-11"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"28 February","last_made_up_to":"2026-02-28","next_due":"2027-11-30"},"employees":{"count":3,"accounts_date":"2026-02-28"},"financials":[{"financial_date":"2026-02-28","net_assets":575273,"cash":308396,"average_employees":3},{"financial_date":"2025-02-28","net_assets":437226,"cash":423172,"average_employees":3},{"financial_date":"2024-02-28","net_assets":574832,"cash":237783,"average_employees":3},{"financial_date":"2023-02-28","net_assets":611950,"cash":460436},{"financial_date":"2022-02-28","net_assets":434010,"cash":280577}],"officers":{"current":4,"resigned":7,"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":5,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Terra Nova Equipment Limited is a financially dependent entity within the Hubaco group, exhibiting chronic equity erosion with net assets declining 62% over four years to £437K, driven by cumulative losses evidenced by the P&L reserve falling £728K since 2018. While the company maintains adequate liquidity (current ratio 1.35:1) and has improved its cash position, 95% of its liabilities (£1.16M) are owed to group undertakings, revealing complete dependence on parent company support. The prognosis is stable in the short term due to group backing, but the business urgently needs to return to profitability to reverse its deteriorating financial health.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/terra-nova-equipment","people":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/people","filing_history":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02827783","financials":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/financial","control":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/control","charges":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/terra-nova-equipment/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/terra-nova-equipment"}