RENOLD POWER TRANSMISSION LIMITED

TRIDENT 2 TRIDENT BUSINESS PARK, STYAL ROAD, WYTHENSHAWE, M22 5XB

Company Number: 00182382
Incorporation date: 09-Jun-1922
Status: Active
Entity type: Private Limited Company

SIC codes:
25930 Manufacture of wire products, chain and springs
28150 Manufacture of bearings, gears, gearing and driving elements

SUMMARY

This company is 101.9 years old and is currently active. It is controlled by Renold Public Limited Company. The company has negative equity (net assets) of GBP -36.4 million but has improved from GBP -37.9 million in the previous year. The latest reported revenue figure is GBP 50.5 million which is similar to the previous year's figure of GBP 52.7 million. Retained earnings is negative (GBP -53.9 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 6 active officers (directors or partners) who are or were officers of 41 other companies, 2 (4.9%) 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-Dec-2024
Accounts Filed: FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Tax	Net Profit GBP
31-Mar-2020	GBP	50,496,000	5,142,000	2,461,000	138,000	2,543,000
31-Mar-2019	GBP	52,680,000	7,445,000	2,391,000	753,000	4,301,000
31-Mar-2018	GBP	49,822,000	5,124,000	2,309,000	172,000	2,687,000
31-Mar-2017	GBP	46,445,000		1,189,000	197,000	-146,000
31-Mar-2016	GBP	45,608,000		1,167,000	165,000	709,000
31-Mar-2015	GBP
31-Mar-2014	GBP	54,979,000	10,663,000		-3,178,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Mar-2020	GBP	5,165,000	28,216,000	21,574,000	89,896,000	17,496,000	-53,927,000	-36,431,000
31-Mar-2019	GBP	8,266,000	29,299,000	16,890,000	92,659,000	17,496,000	-55,424,000	-37,928,000
31-Mar-2018	GBP	8,979,000	31,447,000	17,897,000	92,828,000	17,496,000	-52,903,000	-35,407,000
31-Mar-2017	GBP					17,496,000	-56,381,000	-38,885,000
31-Mar-2016	GBP	8,277,000	25,189,000	17,645,000	76,317,000	17,496,000	-43,065,000	-25,569,000
31-Mar-2015	GBP	15,473,000	33,639,000	39,678,000	14,804,000
31-Mar-2014	GBP	5,316,000	21,446,000	28,067,000	15,731,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Mar-2016	GBP	100.00%	17,496,000	0	17,496,000	42,433,500

* 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)
Active	OAKWOOD CORPORATE SECRETARY LIMITED	03 Jan 2012	18 Apr 2024			1419 - 1248
Resigned	Hannah WOODCOCK	05 Jun 2009	03 Jan 2012			0 - 9
Resigned	Lindsay BEARDSELL	01 Nov 2007	02 Mar 2010			0 - 9
Resigned	Keith BROWN	19 Sep 2006	31 Oct 2007			0 - 13
Resigned	Geoffrey Richard NEWTON	28 Aug 1999	19 Sep 2006			2 - 24
Resigned	Deborah Ann LYNDON	30 May 1997	28 Aug 1999		British	1 - 14
Resigned	Norman Rodney DAVIES	05 Oct 1992	30 May 1997	Accountant	British	2 - 20
Resigned	Sheila HARRISON		05 Oct 1992			1 - 11
Resigned	Norman Rodney DAVIES		30 May 1997			2 - 20

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	James Robert HAUGHEY	24 May 2021		Director	British	9 - 26	2 (5.7%)
Active	Andrew Peter BULLER	31 Dec 2019		Finance Director	British	5 - 1	0 (0.0%)
Active	Adam Robert WORSLEY	31 Dec 2019		Director	British	3 - 0	0 (0.0%)
Active	Michael Peter WALLWORK	14 Feb 2018		Managing Director	British	5 - 1	0 (0.0%)
Resigned	Antony Kenneth EDWARDS	14 Feb 2018	31 Dec 2019	Corporate Development Director	British	1 - 14	2 (13.3%)
Resigned	Ian Lloyd SCAPENS	03 Jan 2017	19 Jun 2020	Director	British	12 - 13	2 (8.0%)
Resigned	Alex David EVERS	09 May 2014	15 May 2017	Manufacturing Director	British	1 - 2	0 (0.0%)
Active	Philip Mark ROBINSON	09 May 2014		Group Human Resources Director	British	2 - 0	0 (0.0%)
Resigned	Stuart James SIMS	01 Jan 2014	29 Aug 2017	None	British	0 - 4	0 (0.0%)
Resigned	Peter BUYDENS	20 May 2013	09 May 2014	European Sales And Marketing Director	Belgian	0 - 2	0 (0.0%)
Resigned	Paul Andrew ANDERSON	21 Feb 2013	14 Feb 2018	Chartered Accountant	British	0 - 9	2 (22.2%)
Resigned	Louise Mary Helen BRACE	21 Feb 2013	05 Oct 2017	Solicitor	British	0 - 12	3 (25.0%)
Resigned	Roland William CORE	21 Feb 2013	17 Sep 2014	Divisional Finance Director	British	1 - 2	0 (0.0%)
Active	Lynne Joan ROSSER	20 Feb 2012		Group Pensions Manager	British	5 - 3	1 (12.5%)
Resigned	Eleanor MORRIS	20 Feb 2012	31 Dec 2013	Group Financial Controller	British	0 - 4	0 (0.0%)
Resigned	Stephen Anthony GATES	12 Oct 2011	08 May 2013	Managing Director - Chain Europe, Renold Plc	British	0 - 10	3 (30.0%)
Resigned	Brian Thomas TENNER	27 Sep 2010	18 Nov 2016	Accountant	British	5 - 57	13 (21.0%)
Resigned	Paul Martin SHUFFLETON	02 Mar 2010	06 Jan 2016	Company Director	British	1 - 4	0 (0.0%)
Resigned	Graham CONYERS	24 Mar 2009	14 Feb 2018	Business Development Manager	British	0 - 7	1 (14.3%)
Resigned	Colin GIBSON	24 Mar 2009	31 Mar 2012	Global Supply Chain Director	British	0 - 1	0 (0.0%)
Resigned	Michael Charles CHRISTMAS	24 Mar 2009	30 Nov 2012	Chartered Engineer	British	0 - 2	0 (0.0%)
Resigned	Margaret HURT	20 Feb 2007	12 Oct 2011	Group Human Resources Director	British	0 - 9	5 (55.6%)
Resigned	William Geoffrey WALMSLEY	19 Sep 2006	16 Jan 2008	Chartered Accountant	British	0 - 9	3 (33.3%)
Resigned	Peter Edward BREAM	19 Sep 2006	27 Sep 2010	Finance Director	British	2 - 36	18 (47.4%)
Resigned	Robert John DAVIES	02 Apr 2004	31 Dec 2012	Chief Executive	British	0 - 16	4 (25.0%)
Resigned	Stephen Richard MOLE	07 Feb 2003	11 Jul 2005	Accountant	British	0 - 44	16 (36.4%)
Resigned	Derek Anthony BROWN	01 Aug 2000	19 Sep 2006	Finance Director	British	0 - 11	4 (36.4%)
Resigned	Geoffrey Richard NEWTON	30 May 1997	19 Sep 2006	Accountant	British	2 - 24	10 (38.5%)
Resigned	John Hamilton Birkett ALLAN	13 Apr 1995	31 Jul 2000	Finance Director	British	3 - 22	6 (24.0%)
Resigned	Ian Ronald TROTTER	01 Jan 1993	02 Apr 2004	Managing Director	British	1 - 5	0 (0.0%)
Resigned	Roger Leonard BURDETT	01 Jan 1993	09 Jun 1997	Managing Director	British	1 - 53	18 (33.3%)
Resigned	Ronald Berry KERSHAW	01 Jan 1993	31 Jul 2001	Managing Director/Chartered Engineer	British	0 - 4	1 (25.0%)
Resigned	Norman Rodney DAVIES	05 Oct 1992	30 May 1997	Accountant	British	2 - 20	4 (18.2%)
Resigned	David COTTERILL	01 Apr 1992	30 Apr 2001	Chief Executive - Renold Plc	British	0 - 8	1 (12.5%)
Resigned	Sheila HARRISON		05 Oct 1992	Solicitor	British	1 - 11	2 (16.7%)
Resigned	David COTTERILL		30 Apr 2001	Chief Executive - Renold Plc	British	0 - 8	1 (12.5%)
Resigned	John Hamilton Birkett ALLAN		31 Jul 2000	Finance Director	British	3 - 22	6 (24.0%)
Resigned	Norman Rodney DAVIES		30 May 1997	Accountant	British	2 - 20	4 (18.2%)

Number of active directors: 6
Average tenure of active directors: 6.6 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 3.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	James Robert HAUGHEY	Andrew Peter BULLER	Adam Robert WORSLEY	Michael Peter WALLWORK	Philip Mark ROBINSON	Lynne Joan ROSSER
GKN FREIGHT SERVICES LIMITED (00056211) - Active		✔
JONES & SHIPMAN LIMITED (00083479) - Liquidation	✔
RENOLD INTERNATIONAL HOLDINGS LIMITED (00096097) - Active	✔	✔	✔	✔	✔	✔
MPAC GROUP PLC (00124855) - Active	✔
HANS RENOLD LIMITED (00156202) - Active	✔
RENOLD POWER TRANSMISSION LIMITED (00182382) - Active	✔	✔	✔	✔	✔	✔
RENOLD CONTINENTAL LIMITED (00185145) - Active	✔	✔		✔
WATER STREET INVESTMENTS LIMITED (00219528) - Active						✔
RENOLD PUBLIC LIMITED COMPANY (00249688) - Active	✔
JOHN HOLROYD AND COMPANY LIMITED (00397693) - Active	✔
BARCLAYS VENTURE NOMINEES LIMITED (00488150) - Dissolved						✔
DRIVE DEVILBISS SIDHIL LIMITED (00495946) - Active	✔
BARCLAYS NOMINEES (GEORGE YARD) LIMITED (00509240) - Active						✔
MPAC MACHINE COMPANY LIMITED (00785498) - Active	✔
HARTSVALE LIMITED (00869053) - Active	✔
MPAC OVERSEAS HOLDINGS LIMITED (00965076) - Active	✔
MPAC MACHINERY LIMITED (01132888) - Active	✔
ANCHOR CHAIN AND POWER TRANSMISSION COMPANY LIMITED (01308501) - Active - Proposal to Strike off	✔
MPAC TOBACCO MACHINERY LIMITED (01430235) - Active	✔
MOUNTWAY LIMITED (01594500) - Active	✔
THRISSELL LIMITED (01668329) - Active	✔
PARK HOUSE HEALTHCARE LIMITED (01831906) - Active	✔
MOLMAC ENGINEERING LIMITED (01865837) - Active	✔
FLUICONNECTO UK LTD (02377540) - Active				✔
DOHERTY MEDICAL LIMITED (02412527) - Active	✔
SPECIALISED ORTHOTIC SERVICES LIMITED (02996918) - Active	✔
SIDDALL & HILTON ENTERPRISES LIMITED (03462024) - Active	✔
MPAC CORPORATE SERVICES LIMITED (03658699) - Active	✔
DRIVE DEVILBISS HEALTHCARE LIMITED (04301005) - Active	✔
AQUAJOY BATHLIFTS LIMITED (04366923) - Active	✔
MPAC ITCM LIMITED (04494410) - Active	✔
ARISTA LABORATORIES EUROPE LIMITED (04615860) - Active	✔
ENDRES UK LIMITED (05312341) - Active	✔
SIDDALL MEDICAL LIMITED (07701611) - Active	✔
MOUNTWAY HOLDINGS LIMITED (07811070) - Active	✔
HANS RENOLD LIMITED (07817884) - Active	✔	✔		✔		✔
RENOLD PENSIONS LIMITED (08456590) - Active			✔
MANWEB CORPORATE PENSION TRUSTEE LIMITED (09333290) - Active						✔
SIDHIL GROUP LIMITED (09553495) - Active	✔
RENOLD HOLDINGS LIMITED (10246040) - Active	✔	✔		✔		✔
MPAC GROUP HOLDINGS LIMITED (11094972) - Active	✔
RENOLD GROUP GENERAL PARTNER LIMITED (SC445569) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-06-01	2015-06-29	2014-06-29	2013-06-29	2012-06-29
RENOLD PUBLIC LIMITED COMPANY	ORDINARY	17,495,973 100%	17,495,973 100%	17,495,973 100%	17,495,973 100%	17,495,973 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2016-06-01	2015-06-29
RENOLD POWER TRANSMISSION LIMITED	ORDINARY	5,040 100%	5,040 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Renold Public Limited Company (249688 - United Kingdom) active

Controlling entities above

RENOLD POWER TRANSMISSION 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
2023-04-01	2023-09-30	74	55%	49%	76744
2022-10-01	2023-03-31	77	59%	85%	70368
2022-04-01	2022-09-30	67	58%	84%	64244
2021-10-01	2022-03-31	68	59%	83%	57642
2021-04-01	2021-09-30	64	59%	84%	51080
2020-10-01	2021-03-31	66	55%	80%	44090
2020-04-01	2020-09-30	61	50%	77%	37323
2019-10-01	2020-03-31	62	51%	80%	31010
2019-04-01	2019-09-30	73	53%	76%	23561
2018-10-01	2019-03-31	62	47%	70%	15591
2018-04-01	2018-09-30	56	43%	90%	7649

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Surface hardening	1985-02-06	Terminated	GB2155835

COMPETITORS

(Based on Sic code: 25930 Manufacture of wire products, chain and springs)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
BRAND-REX LIMITED	CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AF	02340157	2017-12-31	78,179,000	5,175,000
RENOLD POWER TRANSMISSION LIMITED	TRIDENT 2 TRIDENT BUSINESS PARK, STYAL ROAD, WYTHENSHAWE, UNITED KINGDOM, M22 5XB	00182382	2018-03-31	49,822,000	3,478,000	28150-Manufacture of bearings, gears, gearing and driving elements
ZOLEND UK LTD	UNIT 22 POWER STATION ROAD, BOSTON INDUSTRIAL ESTATE, RUGELEY, STAFFORDSHIRE, ENGLAND, WS15 2HS	08043228	2019-04-30	612,393	0	41100-Development of building projects 41201-Construction of commercial buildings

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
RENOLD POWER TRANSMISSION 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	0.5%	1.8%	3.9%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium