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MILLIKEN INDUSTRIALS LIMITED

BEECH HILL PLANT, GIDLOW LANE, WIGAN, LANCASHIRE, WN6 8RN

Company Number: 00172105
Incorporation date: 17-Dec-1920
Status: Active
Entity type: Private Limited Company

SIC codes:
13931 Manufacture of woven or tufted carpets and rugs





SUMMARY

This company is 104.3 years old and is currently active. The latest reported revenue figure is GBP 123.7 million which is down -10% on the previous year. The company has 4 active officers (directors or partners) who are or were officers of 10 other companies, 5 (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: 31-Aug-2025
Accounts Filed: FULL (03-Dec-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
01-Dec-2019 GBP 123,679,000 6,140,000 28,000 1,606,000 4,938,000
02-Dec-2018 GBP 132,919,000 7,088,000 10,000 1,352,000 5,779,000
03-Dec-2017 GBP 125,426,000 7,380,000 24,000 1,524,000 6,001,000
27-Nov-2016 GBP 112,282,000 14,674,000 20,000 3,169,000 12,622,000
29-Nov-2015 GBP 102,077,000 6,765,000 1,481,000 4,999,000
30-Nov-2014 GBP 101,101,000 6,988,000 2,236,000 6,792,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
01-Dec-2019 GBP 17,001,000 13,330,000 -25,000,000 31,370,000
02-Dec-2018 GBP 3,725,000 58,882,000 14,281,000 25,000,000 40,122,000 65,122,000
03-Dec-2017 GBP 4,426,000 54,795,000 15,308,000 25,000,000 33,608,000 58,608,000
27-Nov-2016 GBP 7,246,000 50,146,000 12,141,000 25,000,000 27,581,000 52,581,000
29-Nov-2015 GBP 7,306,000 62,500,000 10,221,000 10,000,000 54,939,000 64,939,000
30-Nov-2014 GBP 7,798,000 57,901,000 10,138,000 10,000,000 49,361,000 59,361,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
01-Dec-2019 GBP 200.00% -50,000,000 25,000,000 -25,000,000 -10,363,000
27-Nov-2016 GBP 60.00% 15,000,000 10,000,000 25,000,000 10,224,000
* 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)
Active John Denis CROTTY 01 Jul 2022 22 Mar 2025 1 - 0
Resigned Martin John HAWORTH 15 Sep 2005 01 Jul 2022 Chartered Accountant English 0 - 31
Resigned Marshall WOODWORTH 29 Apr 2003 15 Sep 2005 Accountant American 0 - 26
Resigned Peter BANKS 08 Oct 1999 13 Jul 2003 Chartered Accountant British 0 - 43
Resigned Peter BANKS 13 Jul 2003 British 0 - 43

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Active John Denis CROTTY 01 Jul 2022 European Finance Director British 1 - 22 (66.7%)
Active David SMART 27 Aug 2019 Executive Vice President & Cfo American 1 - 00 (0.0%)
Active Halsey COOK 28 Jan 2019 President & Ceo American 1 - 00 (0.0%)
Resigned Ricardo MEJIA 20 Mar 2013 17 Jul 2015 Managing Director Europe American 0 - 10 (0.0%)
Active Jeremy Samuel GRAHAM 25 Mar 2010 Lead Director British 1 - 106 (54.5%)
Resigned Dr MOODY 25 Mar 2010 02 Apr 2014 Divisional President American 0 - 10 (0.0%)
Resigned David Jesse, Dr MOODY II 25 Mar 2010 02 Apr 2014 Divisional President American 0 - 82 (25.0%)
Resigned James John MCNULTY 01 May 2008 29 Jul 2019 Cfo American 0 - 54 (80.0%)
Resigned Mark Robert BENNETT 30 Nov 2006 25 Mar 2010 Chartered Accountant British 6 - 1410 (50.0%)
Resigned Joseph Murdock, Dr SALLEY 13 Jun 2006 17 Oct 2016 Vice President United States 0 - 42 (50.0%)
Resigned David MOODY 15 Sep 2005 13 Jun 2006 Vice President American 0 - 10 (0.0%)
Resigned Martin John HAWORTH 15 Sep 2005 01 Jul 2022 Chartered Accountant British 0 - 3119 (61.3%)
Resigned Russell Gary GRIZZLE 15 Sep 2005 26 Feb 2010 Vice President American 0 - 76 (85.7%)
Resigned Joseph Murdock, Dr SALLEY 24 Feb 2005 15 Sep 2005 Vice President United States 0 - 42 (50.0%)
Resigned G Ashley, Doctor ALLEN 13 Jul 2003 30 Apr 2008 Company President American 0 - 76 (85.7%)
Resigned Marshall WOODWORTH 29 Apr 2003 15 Sep 2005 Accountant American 0 - 2616 (61.5%)
Resigned Easton Wayne HUNTER 04 Sep 1996 30 Nov 2003 Director American 0 - 10 (0.0%)
Resigned Werner Klaus HESS 30 Nov 1995 30 Apr 2006 Business Executive German 0 - 40 (0.0%)
Resigned Minot King MILLIKEN 01 Nov 1977 04 Sep 1996 Business Executive Usa Citizen 0 - 30 (0.0%)
Resigned Roger MILLIKEN 30 Dec 2010 Business Executive American 0 - 98 (88.9%)
Resigned Peter BANKS 13 Jul 2003 Chartered Accountant British 0 - 4320 (46.5%)
Resigned Minot King MILLIKEN 04 Sep 1996 Business Executive Usa Citizen 0 - 30 (0.0%)
Resigned Thomas J, Doctor MALONE 31 Aug 2004 Business Executive American 0 - 98 (88.9%)
Resigned Clive Frederick JEANES 30 Nov 1995 Business Executive British 0 - 123 (25.0%)
Number of active directors: 4
Average tenure of active directors: 7.4 years
Average tenure of resigned directors: 5.1 years
Average active director Dissolution Rate: 30.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
MILLIKEN INDUSTRIALS LIMITED (00172105) - Active ✔✔✔✔
VIKTOR ACHTER (U.K.) LIMITED (01947794) - Dissolved ✔
COLWOOD GLADE LIMITED (02240108) - Dissolved ✔
FRANCISCO 59 LIMITED (02863167) - Dissolved ✔
WIGAN UTC (07695542) - Dissolved ✔
BORCHERS CATALYST (UK) LIMITED (07804393) - Liquidation ✔✔
WALK OFF MATS LIMITED (08061734) - Active ✔
BORCHERS LIMITED (10549376) - Active ✔
BORCHERS HOLDINGS (UK) LIMITED (10549592) - Active ✔
BORCHERS COATINGS (UK) LIMITED (10549892) - Active ✔
BORCHERS ADDITIVES (UK) LIMITED (10549942) - Liquidation ✔✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-10-082015-10-082014-10-082013-10-082012-10-08
MILLIKEN EUROPE B.V.B.A.ORDINARY500,000,000
100%		200,000,000
100%		200,000,000
100%		200,000,000
100%		1,042,400,020
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

MILLIKEN INDUSTRIALS LIMITED

Controlled companies below

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
2022-05-16 2022-11-27 24 5% 7% 82477
2021-11-29 2022-05-15 22 2% 8% 63490
2021-05-17 2021-11-28 27 0% 14% 57390
2020-11-30 2021-05-16 33 0% 10% 49783
2020-06-15 2020-11-29 33 1% 6% 43058
2019-12-02 2020-06-14 % % 38055
2019-12-02 2020-05-17 34 1% 7% 38056
2019-05-20 2019-12-01 34 3% 6% 28766
2018-12-03 2019-05-19 35 2% 8% 22656
2018-06-04 2018-12-02 % % 9848
2018-06-04 2018-12-02 35 4% 8% 9849
2017-12-04 2018-06-03 33 6% 19% 2057


COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Gaming cloth and method of printing gaming cloth 2003-07-18 Ceased GB2408485
Cue sports cloth and method of printing cue sports cloth 2003-07-08 Ceased GB2408720
Method of making a mat 2003-06-12 Granted GB2389527
Patterned square carpet tiles 2003-04-11 Ceased GB2400315
Mat 2003-04-11 Granted GB2389526
Dust control mat 2003-04-04 Granted GB2400071
Mat 2003-03-12 Ceased GB2389525
Omnidirectional carpet tile 2001-11-30 Ceased GB2382526
Industrial fabrics 1981-07-06 Terminated GB2104929
Improvements in driving belts 1981-07-06 Terminated GB2102849

COMPETITORS

(Based on Sic code: 13931 Manufacture of woven or tufted carpets and rugs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MILLIKEN INDUSTRIALS LIMITED BEECH HILL PLANT, GIDLOW LANE, WIGAN, LANCASHIRE, WN6 8RN 00172105 2018-12-02 132,919,000 5,779,000
BRINTONS CARPETS LIMITED WYRE FOREST HOUSE, FINEPOINT WAY, KIDDERMINSTER, WORCESTERSHIRE, ENGLAND, DY11 7WF 07749331 2018-09-29 86,761,000 10,308,000
ULSTER CARPET MILLS (HOLDINGS) LIMITED CASTLEISLAND FACTORY, PORTADOWN, CO ARMAGH, BT62 1EE NI001207 2018-03-31 76,284,361 8,635,104
INTERFACE EUROPE LTD. 10TH FLOOR, THE COLMORE BUILDING 20 COLMORE CIRCUS, QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT 00309779 2017-12-31 72,588,000 2,583,000
G - TUFT LIMITED THORNHILL ROAD BUSINESS PARK, TENTER FIELDS, DEWSBURY, WEST YORKSHIRE, WF12 9QT 07917706 2018-04-29 23,329,780 0 13939-Manufacture of other carpets and rugs
TOFFEENOSE LIMITED 4385, 06295132 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH 06295132 2018-12-26 13,250 0
ANDRE FIGUEIREDO RUGS LIMITED 3 BRACKENLEA, GODALMING, ENGLAND, GU7 2QR 09454295 2018-02-28 3,469 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
MILLIKEN INDUSTRIALS 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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