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SEM LIMITED
ONE HUNDRED HOUSE, BRUNEL WAY, DARTFORD, DA1 5THCompany 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-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-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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 0 | 0 (0.0%) | |
Active | Thomas Peter WALTHER | 31 May 2007 | Joint Managing Director | German | 1 - 2 | 2 (66.7%) | |
Resigned | Michael Alexander LAMING | 22 Nov 2006 | 01 Oct 2020 | Company Director | British | 0 - 18 | 13 (72.2%) |
Resigned | Gerhard HAGENAU | 16 Feb 2004 | 22 Nov 2006 | Director | German | 0 - 5 | 4 (80.0%) |
Resigned | Ian Charles GRIFFITHS | 25 Nov 1999 | 25 Nov 1999 | Chartered Accountant | British | 0 - 36 | 28 (77.8%) |
Resigned | Wolf Rainer BURKHARD | 25 Nov 1999 | 10 Jul 2003 | Manager | German | 0 - 1 | 0 (0.0%) |
Resigned | Henry Richard BALMER | 20 Mar 1997 | 01 Apr 1999 | Company Director | British | 0 - 25 | 12 (48.0%) |
Resigned | Henry Richard BALMER | 01 Jul 1995 | 25 Jan 1996 | Company Director | British | 0 - 25 | 12 (48.0%) |
Resigned | Richard John BACON | 06 Jan 1995 | 07 Apr 1997 | Company Director | British | 1 - 18 | 7 (36.8%) |
Resigned | Gordon BOND | 04 Jan 1994 | 25 Nov 1999 | Chief Executive | British | 0 - 40 | 23 (57.5%) |
Resigned | Nigel Albert PENNY | 18 Dec 1992 | 25 Aug 1995 | Company Director | British | 0 - 15 | 5 (33.3%) |
Resigned | Robert John STEEL | 22 Dec 1993 | Company Director | British | 2 - 16 | 6 (33.3%) | |
Resigned | Ian Godfrey MINSHALL | 01 May 2001 | Accountant | British | 0 - 5 | 2 (40.0%) | |
Resigned | Nicholas Vincent TURNBULL | 10 Nov 1992 | Chartered Engineer | British | 0 - 33 | 7 (21.2%) | |
Resigned | Alan Geoffrey HOPES | 01 Jun 2002 | Managing Director | British | 0 - 5 | 2 (40.0%) |
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 | ||||
---|---|---|---|---|---|---|
2020-01-23 | 2019-01-23 | 2018-01-23 | 2017-01-23 | 2016-01-23 | ||
WESTEC HOLDING COMPANY LTD | ORDINARY | 384,000,000 100% | 354,000,000 100% | 339,000,000 100% | 0 0% | 159,000,000 100% |
WESTEC HOLDING COMPANY LTD | ORDINARY 10 PENCE SHARES | 0 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 |