SEM LIMITED

ONE HUNDRED HOUSE, BRUNEL WAY, DARTFORD, DA1 5TH

Company Number: 00138006
Incorporation date: 17-Oct-1914
Status: Active
Entity type: Private Limited Company

SIC codes:
27110 Manufacture of electric motors, generators and transformers





SUMMARY

This company is 109.5 years old and is currently active. It is controlled by Westec Holding Company Limited. The company has positive equity (net assets) of GBP 34 million which has increased from GBP 33.4 million in the previous year. Retained earnings is negative (GBP -4.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 2 other companies, 1 (50.0%) 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-2022 GBP 591,452
31-Dec-2021 GBP 16,428,667 914,529
31-Dec-2020 GBP 12,957,166 41,481 41,481
31-Dec-2019 GBP 18,426,514 87,806 34,514 53,292
31-Dec-2018 GBP 22,901,384 1,735,470 113,403 1,622,067
31-Dec-2017 GBP 21,823,761 452,169 165,098 287,071


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 4,806,235 18,036,378 2,039,949 38,400,000 -4,359,329 34,040,671
31-Dec-2021 GBP 10,687,197 15,341,253 1,578,987 38,400,000 -4,950,781 33,449,219
31-Dec-2020 GBP 6,200,337 11,452,420 758,466 38,400,000 -5,865,310 32,534,690
31-Dec-2019 GBP 3,652,193 10,179,684 1,019,459 38,400,000 -5,906,792 32,493,208
31-Dec-2018 GBP 2,741,379 10,307,379 4,522,694 35,400,000 -5,960,084 29,439,916
31-Dec-2017 GBP 4,342,738 11,166,516 10,073,477 33,900,000 -7,582,151 26,317,849

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP 7.81% 3,000,000 35,400,000 38,400,000 33,703,214
31-Dec-2018 GBP 4.24% 1,500,000 33,900,000 35,400,000 31,107,942
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Michael Alexander LAMING 01 May 2001 01 Oct 2020 Company Secretary British 0 - 18
Resigned Ian Godfrey MINSHALL 01 May 2001 0 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Fiona BLYTH 01 Oct 2017 Joint Managing Director British 1 - 00 (0.0%)
Active Thomas Peter WALTHER 31 May 2007 Joint Managing Director German 1 - 22 (66.7%)
Resigned Michael Alexander LAMING 22 Nov 2006 01 Oct 2020 Company Director British 0 - 1813 (72.2%)
Resigned Gerhard HAGENAU 16 Feb 2004 22 Nov 2006 Director German 0 - 54 (80.0%)
Resigned Ian Charles GRIFFITHS 25 Nov 1999 25 Nov 1999 Chartered Accountant British 0 - 3628 (77.8%)
Resigned Wolf Rainer BURKHARD 25 Nov 1999 10 Jul 2003 Manager German 0 - 10 (0.0%)
Resigned Henry Richard BALMER 20 Mar 1997 01 Apr 1999 Company Director British 0 - 2512 (48.0%)
Resigned Henry Richard BALMER 01 Jul 1995 25 Jan 1996 Company Director British 0 - 2512 (48.0%)
Resigned Richard John BACON 06 Jan 1995 07 Apr 1997 Company Director British 1 - 187 (36.8%)
Resigned Gordon BOND 04 Jan 1994 25 Nov 1999 Chief Executive British 0 - 4023 (57.5%)
Resigned Nigel Albert PENNY 18 Dec 1992 25 Aug 1995 Company Director British 0 - 155 (33.3%)
Resigned Robert John STEEL 22 Dec 1993 Company Director British 2 - 166 (33.3%)
Resigned Ian Godfrey MINSHALL 01 May 2001 Accountant British 0 - 52 (40.0%)
Resigned Nicholas Vincent TURNBULL 10 Nov 1992 Chartered Engineer British 0 - 337 (21.2%)
Resigned Alan Geoffrey HOPES 01 Jun 2002 Managing Director British 0 - 52 (40.0%)
Number of active directors: 2
Average tenure of active directors: 11.7 years
Average tenure of resigned directors: 2.6 years
Average active director Dissolution Rate: 33.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SEM LIMITED (00138006) - Active
CONTROLLED MOTOR TECHNOLOGY LIMITED (02427395) - Dissolved
SMALL ELECTRIC MOTORS LIMITED (03877831) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-01-232019-01-232018-01-232017-01-232016-01-23
WESTEC HOLDING COMPANY LTDORDINARY384,000,000
100%
354,000,000
100%
339,000,000
100%
0
0%
159,000,000
100%
WESTEC HOLDING COMPANY LTDORDINARY 10 PENCE SHARES0
0%
0
0%
0
0%
259,000,000
100%
0
0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SEM LIMITED

Controlled companies below

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


No Patents found

COMPETITORS

(Based on Sic code: 27110 Manufacture of electric motors, generators and transformers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CUMMINS GENERATOR TECHNOLOGIES LIMITED FOUNTAIN COURT, LYNCH WOOD, PETERBOROUGH, ENGLAND, PE2 6FZ 00441273 2017-12-31 699,136,000 98,939,000
BRUSH ELECTRICAL MACHINES LIMITED POWER HOUSE, EXCELSIOR ROAD, ASHBY-DE-LA-ZOUCH, ENGLAND, LE65 1BU 00111849 2017-12-31 57,877,000 -138,669,000
WELLAND POWER LIMITED UNIT 2 WELLAND BUSINESS PARK, CLAY LAKE, SPALDING, LINCOLNSHIRE, PE12 6BL 07193695 2018-03-31 22,728,611 0
IST POWER LIMITED 64-66 PERCY ROAD, LEICESTER, LEICESTERSHIRE, LE2 8FN 02614179 2017-09-30 9,673,547 0
FI. TECHNOLOGY LIMITED 7 LEYDEN ROAD, STEVENAGE, ENGLAND, SG1 2BW 03111127 2018-12-31 314,085 0
V3 POWER LIMITED TROEDYRHIW, ABERCYCH, ABERCYCH, PEMBROKESHIRE, WALES, SA37 0EY 07053663 2019-05-04 29,624 0 33190-Repair of other equipment
85590-Other education not elsewhere classified
GREENDODOS LTD 78 EPSOM AVENUE, SALE, CHESHIRE, M33 4QX 09098774 2018-06-30 1,649 0
ADVANCED INDUSTRIAL REWINDS LIMITED C12 MARQUIS COURT MARQUISWAY, TEAM VALLEY TRADING ESTATE, GATESHEAD, NE11 0RU 04747414 2019-02-28 0 0
ELECTRONICA PRODUCTS LIMITED UNIT 5 HERALD COURT, SIR WILLIAM LYONS ROAD, COVENTRY, ENGLAND, CV4 7EZ 03681737 2018-09-30 0 0 27900-Manufacture of other electrical equipment
MOTOR CONTROLS LTD T01 THE ATKINS BUILDING, LOWER BOND STREET, HINCKLEY, ENGLAND, LE10 1QU 07426605 2018-07-31 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
SEM 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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