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VI - SPRING LIMITED
ERNESETTLE LANE, PLYMOUTH, DEVON, PL5 2TTCompany Number: 00071430
Incorporation date: 24-Sep-1901
Status: Active
Entity type: Private Limited Company
SIC codes:
31030 Manufacture of mattresses
SUMMARY
This company is 122.6 years old and is currently active. It is controlled by Flex Equipos De Descanso S.A.. The company has positive equity (net assets) of GBP 10 million which has increased from GBP 9.8 million in the previous year. The latest reported revenue figure is GBP 44.9 million which is similar to the previous year's figure of GBP 43 million. The company has 6 active officers (directors or partners) who are or were officers of 23 other companies, 10 (43.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 44,853,000 | 6,417,000 | 28,000 | 1,605,000 | 8,280,000 | |
31-Dec-2018 | GBP | 43,016,000 | 7,316,000 | 30,000 | 1,877,000 | 9,750,000 | |
31-Dec-2017 | GBP | 44,496,000 | 6,786,000 | 31,000 | 2,056,000 | 8,953,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 3,620,000 | 11,409,000 | 9,177,000 | 40,000 | 600,000 | 9,407,000 | 10,047,000 | |
31-Dec-2018 | GBP | 2,166,000 | 9,649,000 | 7,477,000 | 40,000 | 600,000 | 9,123,000 | 9,763,000 | |
31-Dec-2017 | GBP | -2,334,000 | 8,478,000 | 40,000 | 600,000 | 8,714,000 | 9,354,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Michael David CATOVSKY | 27 Oct 2017 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Jane JOHNSON | 07 Jan 2016 | 27 Oct 2017 | 0 - 1 | ||
Resigned | Michael Richard MEEHAN | 06 Oct 2000 | 07 Jan 2016 | British | 1 - 7 | |
Resigned | Michael William PERKINS | 10 Apr 2000 | 06 Oct 2000 | 0 - 94 | ||
Resigned | Christopher John CHAPMAN | 16 Dec 1996 | 10 Apr 2000 | 0 - 47 | ||
Resigned | Malcolm STRATTON | 25 Sep 1992 | 16 Dec 1996 | 5 - 184 | ||
Resigned | Graham John PARSONS | 25 Sep 1992 | 0 - 58 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Martin Muir GILL | 01 Jan 2023 | Director | British | 2 - 7 | 1 (11.1%) | |
Active | Michael David CATOVSKY | 13 Sep 2017 | Director | British | 2 - 2 | 1 (25.0%) | |
Active | James Anthony GERETY | 20 Feb 2012 | Director | British | 4 - 10 | 9 (64.3%) | |
Resigned | Gerardo ESPANA | 15 Jul 2008 | 31 Dec 2022 | Director | Spanish | 0 - 1 | 0 (0.0%) |
Active | Alain RAUH | 14 Feb 2008 | Director | French | 1 - 0 | 0 (0.0%) | |
Resigned | Christopher HARRISON | 06 Nov 2006 | 31 Dec 2022 | Operations Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Jane Susanne JOHNSON | 06 Nov 2006 | 27 Oct 2017 | Chartered Accountant | British | 0 - 3 | 0 (0.0%) |
Active | Rafael GONZALEZ BETERE | 15 Dec 2005 | Managing Director Flex Group | Spanish | 2 - 0 | 0 (0.0%) | |
Active | Angel MORENO | 15 Dec 2005 | Finance Director Flex Group | Spanish | 2 - 0 | 0 (0.0%) | |
Resigned | Michael Thomas DAVIES | 06 Aug 2003 | 18 Dec 2006 | Director | British | 0 - 69 | 41 (59.4%) |
Resigned | Robert Dermott SIMPSON | 01 Nov 2000 | 06 Aug 2003 | Accountant | British | 2 - 23 | 10 (40.0%) |
Resigned | William HARRISON | 30 Apr 1999 | 31 Dec 2011 | Director | British | 0 - 3 | 1 (33.3%) |
Resigned | John Stuart MANT | 30 Apr 1999 | 27 Nov 2002 | Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Michael Thomas DAVIES | 16 Dec 1996 | 06 Oct 2000 | Manager | British | 0 - 69 | 41 (59.4%) |
Resigned | Mark John EDWARDS | 16 Dec 1996 | 06 Oct 2000 | Chartered Accountant | British | 1 - 80 | 55 (67.9%) |
Resigned | David Peter GODDARD | 20 Nov 1995 | 06 Oct 2000 | Managing Director | British | 0 - 29 | 14 (48.3%) |
Resigned | Michael Richard MEEHAN | 20 Nov 1995 | 31 Dec 2022 | Chartered Accountant | British | 1 - 7 | 0 (0.0%) |
Resigned | Ian HARDING | 29 Jun 1993 | Chartered Accountant | British | 19 - 70 | 48 (53.9%) | |
Resigned | WILLIAMS MANAGEMENT SERVICES LIMITED | 16 Dec 1996 | 11 - 174 | 118 (63.8%) | |||
Resigned | David Guy William LOYNES | 05 Apr 1995 | Financial Director | British | 0 - 3 | 1 (33.3%) | |
Resigned | WESTMINSTER SECURITIES LIMITED | 16 Dec 1996 | 8 - 130 | 83 (60.1%) | |||
Resigned | Robert Arnold MOULDER | 30 Apr 1994 | Managing Director | British | 0 - 7 | 3 (42.9%) | |
Resigned | Trevor LAY | 07 Jan 2016 | Managing Director | British | 0 - 3 | 0 (0.0%) |
Average tenure of active directors: 12.1 years
Average tenure of resigned directors: 6.1 years
Average active director Dissolution Rate: 16.7%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2021-04-30 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 | ||
FLEX PREMIUM BEDDING, S.L.U. | ORDINARY | 40,000 100% | 0 0% | 0 0% | 0 0% | 0 0% |
FLEX EQUIPOS DE DESCANSO S.A. | ORDINARY | 0 0% | 40,000 100% | 40,000 100% | 40,000 100% | 40,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
VI - SPRING LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
Title | Date filed | Status | Publication number |
---|---|---|---|
Hinge pin type fastener;divans | 1993-02-12 | Ceased | GB2264144 |
Locking device for a folding bed | 1992-05-06 | Terminated | GB2267531 |
Linking devices for linking together beds or parts of beds | 1986-03-06 | Ceased | GB2187380 |
Beds and other articles of furniture | 1983-10-12 | Terminated | GB2128082 |
COMPETITORS
(Based on Sic code:
31030 Manufacture of mattresses)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
SILENTNIGHT GROUP LIMITED | LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ | 07525259 | 2018-02-03 | 144,902,000 | 11,461,000 | |
SILENTNIGHT HOLDINGS LIMITED | LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ | 07627383 | 2018-02-03 | 144,902,000 | 11,461,000 | |
RELYON LIMITED | LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL | 00470381 | 2017-09-30 | 42,905,000 | 2,216,000 |
31090-Manufacture of other furniture |
STEINHOFF UK BEDS LIMITED | PRICEWATERHOUSECOOPERS LLP LEVEL 8, CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL | 08431253 | 2017-09-30 | 40,868,000 | 3,489,000 | |
AIRSPRUNG FURNITURE LIMITED | CANAL ROAD INDUSTRIAL ESTATE, TROWBRIDGE, WILTSHIRE, BA14 8RL | 01503406 | 2018-03-31 | 39,901,000 | -782,000 |
31090-Manufacture of other furniture |
THE MANSION HOUSE BEDDING COMPANY LIMITED | 6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH | 02575156 | 2018-03-31 | 8,867,001 | 0 | |
DREAMWORKS BEDS LIMITED | 7 BROOK LANE, BROOK LANE INDUSTRIAL ESTATE, WESTBURY, WILTSHIRE, BA13 4EP | 04773416 | 2017-12-31 | 8,415,010 | 0 | |
SIGMA FOAM LIMITED | UNIT 1 PROVIDENCE MILLS, THORNTON STREET, CLECKHEATON, WEST YORKSHIRE, BD19 5BT | 08291152 | 2017-10-31 | 2,427,219 | 0 | |
LION BEDS LIMITED | UNIT 4C SIMMONDS ROAD, WINCHEAP RETAIL PARK, CANTERBURY, CT1 3RA | 07465498 | 2018-03-31 | 0 | 0 | |
MANSION HOUSE HOLDINGS LIMITED | 6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH | 04824096 | 2019-03-31 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
VI - SPRING LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.6% | 1.7% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |