FORMICA LIMITED

COAST ROAD, NORTH SHIELDS, TYNE & WEAR, NE29 8RE

Company Number: 00139731
Incorporation date: 23-Mar-1915
Status: Active
Entity type: Private Limited Company

SIC codes:
16210 Manufacture of veneer sheets and wood-based panels

SUMMARY

This company is 110.8 years old and is currently active. It is controlled by Formica Holdco (Uk) Limited. The latest reported revenue figure is GBP 73.1 million which is down -10% on the previous year. The company has 2 active officers (directors or partners) who are or were officers of 6 other companies. 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-2026
Accounts Filed: FULL (31-Dec-2024)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
30-Jun-2019	GBP	73,131,000	-15,791,000		2,597,000		-48,645,000
30-Jun-2018	GBP	79,485,000	-2,327,000	3,848,000	1,945,000		-537,000
30-Jun-2017	GBP	77,467,000	-7,067,000	3,851,000	3,847,000		-7,262,000
30-Jun-2016	GBP	64,009,000	-13,134,000	2,782,000	2,791,000		-13,361,000
30-Jun-2015	GBP	65,600,000	-7,177,000	5,410,000	1,393,000	-530,000	-2,366,000
30-Jun-2014	GBP	68,346,000	-3,425,000	3,514,000	4,149,000	1,945,000	148,000
30-Jun-2013	GBP
30-Jun-2012	GBP

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Jun-2019	GBP	509,000	43,434,000	119,343,000
30-Jun-2018	GBP	75,000		25,610,000
30-Jun-2017	GBP	2,537,000		36,547,000	97,260,000	6,812,000	37,050,000	-22,981,000	68,449,000
30-Jun-2016	GBP	108,000		21,216,000	73,891,000				76,058,000
30-Jun-2015	GBP	86,000		32,359,000	47,329,000	6,812,000	37,050,000	3,667,000	95,097,000
30-Jun-2014	GBP	261,000		37,940,000	33,774,000	6,812,000			105,086,000
30-Jun-2013	GBP	159,000		41,244,000	33,289,000
30-Jun-2012	GBP	47,000		25,981,000	23,706,000	3,850,000		5,652,000	43,541,000

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	Nationality	All apointments (active/resigned)
Active	Maryana BROWNE	12 Dec 2023	17 Dec 2025		1 - 0
Resigned	Joanne MCGREGOR	01 Jan 2004	11 Dec 2023	British	0 - 7
Resigned	Judith DODDS	01 Sep 1998	01 Jan 2004	British	0 - 4
Resigned	David Theodore SCHNEIDER	20 Jul 1998	01 Sep 1998	American	0 - 8
Resigned	George FAN	01 May 1998	20 Jul 1998	American	0 - 2
Resigned	INVENSYS SECRETARIES LIMITED	09 Sep 1996	01 May 1998		91 - 325
Resigned	Charles Alan, Mr (Assistant Company Secretary) BROOKS		03 Feb 1995	British	0 - 3
Resigned	Cy DOBSON		09 Sep 1996	British	0 - 3

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Wouter VAN OS	05 Jun 2024			Dutch	1 - 0	0 (0.0%)
Resigned	Agnese BULA	18 Feb 2022	20 Jun 2023		Latvian	0 - 1	0 (0.0%)
Active	Martijn VAN DER ZEE	01 Oct 2020			Dutch	2 - 5	1 (14.3%)
Resigned	Erik Jan BAX	31 Jan 2020	30 Sep 2020		Dutch	0 - 2	0 (0.0%)
Resigned	Bevan John MCKENZIE	01 Jan 2017	03 Jun 2019		New Zealander	0 - 5	0 (0.0%)
Resigned	Peter John RUSH	28 Oct 2016	31 Jan 2020		British	0 - 18	8 (44.4%)
Resigned	Neil Laurence MASON	09 Nov 2015	04 Feb 2022		British	3 - 18	2 (9.5%)
Resigned	Mark Richard GILL	16 Jan 2015	09 Nov 2015		British	0 - 7	1 (14.3%)
Resigned	Robert Gerard BOLLMAN	31 Oct 2014	11 Nov 2016		Us	0 - 1	0 (0.0%)
Resigned	Jan Melle Willem Ruurd DE PATER	25 Jun 2014	15 Oct 2015		Dutch	0 - 1	0 (0.0%)
Resigned	Nicholas John OLSON	08 Apr 2013	31 Oct 2014		New Zealander	0 - 1	0 (0.0%)
Resigned	Paul ZUCKERMAN	28 Feb 2013	01 Feb 2016		Usa	0 - 1	0 (0.0%)
Resigned	Paul Andrew FOREMAN	20 Mar 2012	20 Nov 2020		British	0 - 1	0 (0.0%)
Resigned	Neil Laurence MASON	16 Aug 2010	16 Jan 2015		British	3 - 18	2 (9.5%)
Resigned	Leigh Jeffrey BOX	01 Jan 2010	03 Jun 2019		Australian	0 - 1	0 (0.0%)
Resigned	David PALLAS	23 Mar 2009	25 Jun 2014		British	0 - 1	0 (0.0%)
Resigned	William Jon ROEST	14 Mar 2008	08 Apr 2013		British	0 - 2	0 (0.0%)
Resigned	David Kenrick WORLEY	14 Mar 2008	20 Mar 2012		Other	0 - 1	0 (0.0%)
Resigned	Jonathan Barclay WHISKER	12 Mar 2008	20 Aug 2010		British	0 - 8	2 (25.0%)
Resigned	Richard Simon POLLINGTON	12 Mar 2008	09 Aug 2017		British	0 - 5	2 (40.0%)
Resigned	David James STYLES	12 Mar 2008	01 Oct 2008		British	5 - 10	2 (13.3%)
Resigned	Mark Duncan ADAMSON	01 Jan 2002	28 Feb 2013		British	0 - 14	5 (35.7%)
Resigned	Christopher Mark LLOYD	01 Jan 2002	30 Sep 2003		British	0 - 5	1 (20.0%)
Resigned	David Theodore SCHNEIDER	20 Jul 1998	27 Feb 2002		American	0 - 8	1 (12.5%)
Resigned	George FAN	01 May 1998	27 Feb 2002		American	0 - 2	0 (0.0%)
Resigned	Kirk WORTMAN	01 May 1998	27 Feb 2002		American	0 - 2	0 (0.0%)
Resigned	David John STEVENS	31 Dec 1997	01 May 1998		British	1 - 258	130 (50.2%)
Resigned	James Demmink THOM	09 Sep 1996	01 May 1998		British	10 - 237	133 (53.8%)
Resigned	Robert Casson BROWN	09 Sep 1996	31 Dec 1997		British	0 - 238	123 (51.7%)
Resigned	Dennis Alan CRUICKSHANK	09 Sep 1996	01 May 1998		British	0 - 17	9 (52.9%)
Resigned	Peter ALDERSON	28 Feb 1995	31 Dec 2009		British	0 - 7	1 (14.3%)
Resigned	Peter Denis HALL	28 Feb 1995	28 Oct 2016		British	1 - 8	2 (22.2%)
Resigned	Richard John CROW	17 Feb 1995	09 Mar 1996	Business Executive	British	0 - 5	2 (40.0%)
Resigned	David Theodore SCHNEIDER	13 Oct 1994	30 Jun 1995	Business Executive	American	0 - 8	1 (12.5%)
Resigned	Robert Gerard KRAUS	13 Oct 1994	03 Feb 1995	Business Executive	American	0 - 4	1 (25.0%)
Resigned	Peter MARSHALL	31 Jan 1993	28 Feb 1995		British	0 - 3	1 (33.3%)
Resigned	William ADAMS		01 Jan 2002		British	0 - 5	1 (20.0%)
Resigned	John BOANAS		31 Jan 1993		British	0 - 5	1 (20.0%)
Resigned	Alan SMITH		15 Jan 1995		British	0 - 4	1 (25.0%)
Resigned	David Theodore SCHNEIDER		30 Jun 1995		American	0 - 8	1 (12.5%)
Resigned	Robert Gerard KRAUS		03 Feb 1995		American	0 - 4	1 (25.0%)
Resigned	Richard John CROW		09 Mar 1996		British	0 - 5	2 (40.0%)
Resigned	Vincent Peter LANGONE		30 Jun 1995		American	0 - 2	0 (0.0%)
Resigned	Ivor Edward, Dr WILLIAMS		12 Oct 1992		British	1 - 5	0 (0.0%)

Number of active directors: 2
Average tenure of active directors: 3.4 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 7.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Wouter VAN OS	Martijn VAN DER ZEE
FORMICA LIMITED (00139731) - Active	✔	✔
CONSORT LAMINATES LIMITED (00590836) - Active		✔
FORMICA HOLDINGS LIMITED (01004782) - Active - Proposal to Strike off		✔
PERSTORP-WARERITE LIMITED (01268227) - Active		✔
FORMICA PSM LTD (01322923) - Active		✔
FORMICA HOLDCO (UK) LIMITED (03525045) - Active		✔
FORMICA FINANCE LIMITED (06537251) - Active		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2019-10-24	2015-10-24	2014-10-24	2013-10-24	2012-10-24
FORMICA HOLDCO (UK)LTD	ORDINARY	31,481,848 100%	6,811,848 100%	6,811,848 100%	6,811,848 100%	3,850,201 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2016-03-18	2015-10-24	2015-03-18	2014-10-24	2014-03-18
FORMICA LIMITED	ORDINARY	1,000,000 100%	100,002 100%	1,000,000 100%	100,002 100%	1,000,000 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Formica Holdco (Uk) Limited - active

Controlling entities above

FORMICA LIMITED

no controlled companies

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2019-07-01	2019-12-31		%	%	37845
2019-01-01	2019-06-30	39	11%	32%	21076
2018-07-01	2018-12-31	43	10%	30%	12627
2018-01-01	2018-06-30	46	17%	64%	6821

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Continuous production of phenol-formaldehyde resins	1982-03-24	Ceased	GB2096157
Embossed Decorative Laminates	1980-12-02	Terminated	GB2088280
Registered debossed decorative thermoset plastics laminates	1979-09-13	Granted	GB2035204
Continuous press and method for continuously producing consolidated material	1978-10-26	Terminated	GB2032345

COMPETITORS

(Based on Sic code: 16210 Manufacture of veneer sheets and wood-based panels)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP
NORBORD EUROPE LIMITED	HILL VILLAGE, NADDER LANE, SOUTH MOLTON, DEVON, EX36 4HP	07886600	2017-12-31	333,588,000	-2,101,000
EGGER (UK) LIMITED	EGGER (UK) LIMITED, ANICK ROAD, HEXHAM, NORTHUMBERLAND, ENGLAND, NE46 4JS	02813369	2018-04-30	282,033,000	20,615,000
KRONOSPAN LIMITED	MAESGWYN FARM, CHIRK, WREXHAM, LL14 5NT	00981905	2017-09-30	238,890,000	8,237,000
SHORE LAMINATES LIMITED	UNIT 1-4 INVERALMOND CLOSE, INVERALMOND INDUSTRIAL ESTATE, PERTH, SCOTLAND, PH1 3TT	SC131630	2017-12-31	14,280,117	0
CNC-IT LIMITED	1 PARKSHOT, RICHMOND, SURREY, ENGLAND, TW9 2RD	04008628	2018-12-31	549,679	0
GAINEY COMPANY LIMITED	THE FRONT BUFFER DEPORT, BADMINTON ROAD, ACTON TURVILLE, SOUTH GLOS, GL9 1HE	03145879	2017-03-31	99,078	0
PANELBOND LIMITED	UNIT 3 OMEGA BUSINESS PARK, ESTATE ROAD 6, GRIMSBY, NE LINCS, DN31 2TG	04563628	2018-12-31	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
FORMICA 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