AEI COMPOUNDS LIMITED

SANDWICH INDUSTRIAL ESTATE, SANDWICH, KENT, CT13 9LY

Company Number: 00163690
Incorporation date: 04-Feb-1920
Status: Active
Entity type: Private Limited Company

SIC codes:
20160 Manufacture of plastics in primary forms





SUMMARY

This company is 104.2 years old and is currently active. It is controlled by Andrea Savonuzzi. The company has negative equity (net assets) of GBP -1.3 million which has worsened since the previous year's figure of GBP -362 thousand. The latest reported revenue figure is GBP 18.7 million which is up 60% on previous year's figure of GBP 11.9 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -16.4 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 3 active officers (directors or partners) who are or were officers of 1 other company. 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 18,713,000 -341,000 564,000 -905,000
31-Dec-2021 GBP 11,861,000 -1,131,000 261,000 -1,392,000
31-Dec-2018 GBP 6,807,000 -3,099,000 178,000 -3,273,000
31-Dec-2017 GBP 18,891,000 -1,927,000 287,000 42,000 -2,172,000
31-Dec-2016 GBP 15,705,000 -1,374,000 23,000 221,000 -1,572,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 723,000 9,131,000 11,040,000 15,166,000 -16,433,000 -1,267,000
31-Dec-2021 GBP 451,000 6,234,000 7,312,000 15,166,000 -15,528,000 -362,000
01-Jan-2021 GBP 99,000 15,166,000 -14,136,000 1,030,000
31-Dec-2018 GBP 156,000 1,985,000 1,948,000 12,790,000 -11,327,000 1,463,000
31-Dec-2017 GBP 127,000 5,843,000 7,446,000 255,000 8,019,000 -8,054,000 -35,000
31-Dec-2016 GBP 8,218,000 9,101,000 1,060,000 6,900,000 -5,882,000 1,018,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
01-Jan-2021 GBP 15.67% 2,376,000 12,790,000 15,166,000 13,850,500
31-Dec-2018 GBP 37.30% 4,771,000 8,019,000 12,790,000 10,390,500
31-Dec-2017 GBP 13.95% 1,119,000 6,900,000 8,019,000 8,053,500
* 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 Karen Lesley NEAME 30 Jun 2014 01 Sep 2016 0 - 1
Resigned John Stuart GARNETT 26 Jul 2011 30 Jun 2014 0 - 1
Resigned Wendy Jill SHARP 01 Dec 2006 11 Jul 2011 16 - 166
Resigned Martin Graham LEIGH 03 Nov 1997 01 Dec 2006 4 - 217
Resigned Michael Conway Hepton BOND 03 Nov 1997 0 - 16

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Luca SAGGESE 15 Nov 2021 Chief Commercial Officer American 1 - 00 (0.0%)
Active Philippe Emile VANHOVE 15 Nov 2021 Director Of International Sourcing Belgian 1 - 00 (0.0%)
Resigned Simon Francis BAKER 21 Aug 2017 30 Nov 2021 Managing Director British 0 - 10 (0.0%)
Resigned Karen Lesley NEAME 01 Jan 2014 01 Sep 2016 Finance Director British 0 - 10 (0.0%)
Resigned Philip ZUEHLKE 11 Jul 2011 29 Jun 2018 Chief Financial Officer American 0 - 10 (0.0%)
Active Andrea SAVONUZZI 11 Jul 2011 Ceo And President Italian 1 - 00 (0.0%)
Resigned David ROBERTS 11 Jul 2011 28 Nov 2017 Techincal Director British 0 - 10 (0.0%)
Resigned Andrew James DICK 20 Nov 2009 11 Jul 2011 Company Director British 0 - 93 (33.3%)
Resigned Andrew Kenneth JOLLIFFE 20 Nov 2009 07 Mar 2011 Director British 0 - 207 (35.0%)
Resigned Mark Andrew SHAW 15 Nov 2007 21 Aug 2017 Company Director British 1 - 20 (0.0%)
Resigned James Wellwood ARMSTRONG 30 Aug 2007 24 Sep 2007 Director British 0 - 177 (41.2%)
Resigned Andrew Kenneth JOLLIFFE 30 Aug 2007 24 Sep 2007 Director British 0 - 207 (35.0%)
Resigned Paul FELBECK 30 Aug 2007 24 Sep 2007 Solicitor British 9 - 8461 (65.6%)
Resigned Michael Edward SLEVIN 01 Aug 2007 29 Mar 2019 Company Director British 0 - 10 (0.0%)
Resigned Christopher John SHENTON 01 Aug 2007 01 Apr 2016 Company Director British 0 - 20 (0.0%)
Resigned John Stewart GARNETT 01 Aug 2007 30 Jun 2013 Company Director British 0 - 269 (34.6%)
Resigned Nicholas Anthony WALKER 01 Dec 2006 20 Nov 2009 Director British 2 - 2917 (54.8%)
Resigned Nigel Antony BRICE 01 Dec 2006 20 Nov 2009 Director British 13 - 155 (17.9%)
Resigned Hugh Mark WHITCOMB 01 Dec 2006 15 Nov 2007 Company Director British 14 - 2616 (40.0%)
Resigned John Nicholl SAWFORD 01 Jan 2006 01 Dec 2006 Accountant British 1 - 3211 (33.3%)
Resigned Thomas MOORE 05 Apr 2004 01 Dec 2006 Divisional Chief Executive British 2 - 6533 (49.3%)
Resigned David MUIR 17 Dec 2001 09 Dec 2005 Finance Director British 0 - 50 (0.0%)
Resigned Terry BROWN 21 Sep 2001 27 Oct 2006 Managing Director British 0 - 50 (0.0%)
Resigned Gerard Patrick OAKLEY 21 Sep 1999 22 Jun 2001 Managing Director British 4 - 51 (11.1%)
Resigned Stephen MUNDAY 26 Oct 1998 22 Jun 2001 Finance Director British 1 - 31 (25.0%)
Resigned Andrew SABISTON 03 Nov 1997 31 Jan 2020 Company Director British 0 - 10 (0.0%)
Resigned Anthony Edward WILLIAMSON 03 Nov 1997 22 Jun 2001 Managing Director British 0 - 31 (33.3%)
Resigned Graham Michael ENTWISTLE 20 Mar 1997 05 Apr 2004 Divisional Director British 0 - 3315 (45.5%)
Resigned Michael Conway Hepton BOND 25 Apr 1996 03 Nov 1997 Company Secretary British 0 - 1614 (87.5%)
Resigned Peter BIBBY 15 Feb 1993 03 Nov 1997 Managing Director British 0 - 128 (66.7%)
Resigned Kenneth BENNETT 31 Oct 1992 Managing Director British 0 - 52 (40.0%)
Resigned John Alan Maurice EVANS 12 Apr 1996 Managing Director British 0 - 21 (50.0%)
Resigned Oliver Saunders JOHNSON 31 Mar 1993 Managing Director British 0 - 74 (57.1%)
Number of active directors: 3
Average tenure of active directors: 5.8 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
AEI COMPOUNDS LIMITED (00163690) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-07-012019-07-012018-07-012015-07-012014-07-01
SACO AEI POLYMERS, INCORDINARY15,166,030
100%
12,790,644
100%
8,019,403
100%
0
0%
0
0%
SACO POLYMERS, INCORDINARY0
0%
0
0%
0
0%
6,900,000
100%
6,900,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

AEI COMPOUNDS 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


No Patents found

COMPETITORS

(Based on Sic code: 20160 Manufacture of plastics in primary forms)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LUCITE INTERNATIONAL UK LIMITED CASSEL WORKS, NEW ROAD, BILLINGHAM, ENGLAND, TS23 1LE 03830161 2018-03-31 392,900,000 55,200,000
POLYPIPE LIMITED 4 VICTORIA PLACE, HOLBECK, LEEDS, ENGLAND, LS11 5AE 01099323 2017-12-31 389,400,000 57,600,000
BASELL POLYOLEFINS UK LIMITED CARRINGTON SITE, URMSTON, MANCHESTER, M31 4AJ 02811230 2017-12-31 280,534,000 45,977,000
VICTREX MANUFACTURING LIMITED VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02845018 2018-09-30 222,100,000 65,300,000
VITA CELLULAR FOAMS (UK) LIMITED OLDHAM ROAD, MIDDLETON, MANCHESTER, M24 2DB 00621497 2017-12-31 138,720,207 2,131,710
RECTICEL LIMITED BLUEBELL CLOSE, CLOVER NOOK INDUSTRIAL PARK, ALFRETON, DERBYSHIRE., DE55 4RD 00665376 2017-12-31 133,881,000 -114,000
ADVANCED ELASTOMER SYSTEMS LIMITED TRASTON ROAD, (OFF CORPORATION ROAD), NEWPORT, SOUTH WALES, UNITED KINGDOM, NP19 4XF 02512288 2017-12-31 130,736,000 20,486,000
NIPPON GOHSEI UK LTD. SUITE 5 2ND FLOOR BULMAN HOUSE REGENT CENTRE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 3LS 04181436 2018-03-31 130,409,000 14,807,000
PPG INDUSTRIES (UK) LIMITED NEEDHAM ROAD, STOWMARKET, SUFFOLK, UNITED KINGDOM, IP14 2AD 02110620 2017-12-31 122,301,000 2,174,000 20301-Manufacture of paints, varnishes and similar coatings, mastics and sealants
DU PONT (U.K.) LIMITED 4TH FLOOR KINGS COURT, LONDON ROAD, STEVENAGE, HERTFORDSHIRE, UNITED KINGDOM, SG1 2NG 04556216 2017-12-31 74,800,000 4,766,000
SCOTT BADER UK LIMITED WOLLASTON HALL, WOLLASTON, WELLINGBOROUGH, NORTHANTS, UNITED KINGDOM, NN29 7RL 04562724 2017-12-31 73,525,000 633,000
ALLNEX RESINS UK LIMITED 7 ALBEMARLE STREET, LONDON, ENGLAND, W1S 4HQ 05235281 2017-12-31 45,837,000 6,827,000
INVIBIO LIMITED VICTREX TECHNOLOGY CENTRE HILLHOUSE INTERNATIONAL, THORNTON, CLEVELEYS, LANCASHIRE, FY5 4QD 04088050 2018-09-30 43,689,000 28,143,000
MAINETTI (UK) LIMITED ANNFIELD ESTATE, OXNAM ROAD, JEDBURGH, TD8 6NN SC170666 2017-12-31 24,968,155 -561,209
ROYDON GROUP PLC UNITS 1-3 JUNCTION ECO PARK, RAKE LANE, SWINTON, M27 8LU 06890221 2017-10-31 15,179,787 0
VICTREX PLC VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02793780 0000-00-00 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
AEI COMPOUNDS 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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