VI - SPRING LIMITED

ERNESETTLE LANE, PLYMOUTH, DEVON, PL5 2TT

Company 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-2024
Accounts 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**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 71 (11.1%)
Active Michael David CATOVSKY 13 Sep 2017 Director British 2 - 21 (25.0%)
Active James Anthony GERETY 20 Feb 2012 Director British 4 - 109 (64.3%)
Resigned Gerardo ESPANA 15 Jul 2008 31 Dec 2022 Director Spanish 0 - 10 (0.0%)
Active Alain RAUH 14 Feb 2008 Director French 1 - 00 (0.0%)
Resigned Christopher HARRISON 06 Nov 2006 31 Dec 2022 Operations Director British 0 - 10 (0.0%)
Resigned Jane Susanne JOHNSON 06 Nov 2006 27 Oct 2017 Chartered Accountant British 0 - 30 (0.0%)
Active Rafael GONZALEZ BETERE 15 Dec 2005 Managing Director Flex Group Spanish 2 - 00 (0.0%)
Active Angel MORENO 15 Dec 2005 Finance Director Flex Group Spanish 2 - 00 (0.0%)
Resigned Michael Thomas DAVIES 06 Aug 2003 18 Dec 2006 Director British 0 - 6941 (59.4%)
Resigned Robert Dermott SIMPSON 01 Nov 2000 06 Aug 2003 Accountant British 2 - 2310 (40.0%)
Resigned William HARRISON 30 Apr 1999 31 Dec 2011 Director British 0 - 31 (33.3%)
Resigned John Stuart MANT 30 Apr 1999 27 Nov 2002 Director British 0 - 31 (33.3%)
Resigned Michael Thomas DAVIES 16 Dec 1996 06 Oct 2000 Manager British 0 - 6941 (59.4%)
Resigned Mark John EDWARDS 16 Dec 1996 06 Oct 2000 Chartered Accountant British 1 - 8055 (67.9%)
Resigned David Peter GODDARD 20 Nov 1995 06 Oct 2000 Managing Director British 0 - 2914 (48.3%)
Resigned Michael Richard MEEHAN 20 Nov 1995 31 Dec 2022 Chartered Accountant British 1 - 70 (0.0%)
Resigned Ian HARDING 29 Jun 1993 Chartered Accountant British 19 - 7048 (53.9%)
Resigned WILLIAMS MANAGEMENT SERVICES LIMITED 16 Dec 1996 11 - 174118 (63.8%)
Resigned David Guy William LOYNES 05 Apr 1995 Financial Director British 0 - 31 (33.3%)
Resigned WESTMINSTER SECURITIES LIMITED 16 Dec 1996 8 - 13083 (60.1%)
Resigned Robert Arnold MOULDER 30 Apr 1994 Managing Director British 0 - 73 (42.9%)
Resigned Trevor LAY 07 Jan 2016 Managing Director British 0 - 30 (0.0%)
Number of active directors: 6
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

Name
 
VI - SPRING LIMITED (00071430) - Active
THE NATIONAL BED FEDERATION LIMITED (00119486) - Active
MORRIS COHEN (UNDERWEAR) LIMITED (00492179) - Active - Proposal to Strike off
LEE COOPER(INTERNATIONAL HOLDINGS)LIMITED (00574296) - Dissolved
LEE COOPER (UK) LIMITED (00574307) - Dissolved
LEE COOPER LIMITED (00574308) - Dissolved
VIVAT HOLDINGS LIMITED (00629804) - Dissolved
LEE COOPER INTERNATIONAL LIMITED (00808494) - Dissolved
POGGENPOHL GROUP UK LIMITED (01186841) - Active
AND SO TO BED LIMITED (01828671) - Active
NORMAN GLENN KITCHENS & INTERIORS LIMITED (02238336) - Active
ULTIMATE KITCHENS (PIMLICO) LIMITED (02857439) - Active
HOUSE OF FRASER TRUSTEES LIMITED (02861189) - Dissolved
LEE COOPER GROUP LIMITED (02984862) - Dissolved
WIGMORE STREET KITCHENS LIMITED (03027340) - Active
VI-SPRING TRUSTEES LIMITED (04240209) - Active
JAMAINE SERVICES LIMITED (05988405) - Dissolved
HARVEY JONES HOLDINGS LIMITED (06134996) - Active
CANBURG LIMITED (06841786) - In Administration/Administrative Receive
CANBURG INTERNATIONAL LIMITED (10841873) - Active
JE&G PROPERTY SERVICES LTD (13235303) - Active
JAMAINE SERVICES LTD (13258248) - Active
IVORY WORLDWIDE, INC. (FC033046) - Converted / Closed
BAIRD CLOTHING LADIESWEAR LIMITED (SC033061) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-04-302016-04-302015-04-302014-04-302013-04-30
FLEX PREMIUM BEDDING, S.L.U.ORDINARY40,000
100%
0
0%
0
0%
0
0%
0
0%
FLEX EQUIPOS DE DESCANSO S.A.ORDINARY0
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
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