PARALLOY LIMITED

PARALLOY HOUSE, NUFFIELD ROAD, BILLINGHAM, TS23 4DA

Company Number: 00260752
Incorporation date: 01-Dec-1931
Status: Active
Entity type: Private Limited Company

SIC codes:
24540 Casting of other non-ferrous metals
25620 Machining




SUMMARY

This company is 92.4 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 16.1 million which has increased from GBP 16 million in the previous year. The latest reported revenue figure is GBP 44.4 million which is up 50% on previous year's figure of GBP 29.7 million. The company has 2 active officers (directors or partners) who are or were officers of 5 other companies, 1 (20.0%) 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-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2020 GBP 44,373,000 -277,000 282,000 64,000 123,000
31-Dec-2018 GBP 29,741,000 -1,320,000 77,000 -225,000 -1,622,000
31-Dec-2017 GBP 25,208,000 1,045,000 93,000 100,000 852,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 2,649,000 24,135,000 2,333,000 48,000 16,035,000 16,083,000
31-Dec-2018 GBP 594,000 29,196,000 48,000 15,913,000 15,961,000
31-Dec-2017 GBP 30,055,000 27,320,000 48,000 17,535,000 17,583,000

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 Occupation Nationality All apointments
(active/resigned)
Resigned Ian MOLYNEUX 20 Oct 2011 19 Dec 2019 British 0 - 1
Resigned Howard Watson JACKSON 25 Feb 2002 20 Oct 2011 16 - 98
Resigned Michael Arthur KAYSER 05 Dec 2001 25 Feb 2002 British 1 - 172
Resigned Michael John TILLEY 26 Aug 1999 05 Dec 2001 8 - 104
Resigned David WHITEHOUSE 01 Jun 1995 26 Aug 1999 0 - 2
Resigned Richard Henry WATKINS 01 Jun 1995 0 - 19

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Robert Murray MCGOWAN 19 Dec 2019 Director British 3 - 32 (33.3%)
Active Michael DOLAN 19 Dec 2019 Finance Director British 3 - 00 (0.0%)
Resigned Lisa Marie OXNARD 17 Dec 2018 19 Dec 2019 Chief Financial Officer British 0 - 5315 (28.3%)
Resigned Ian MOLYNEUX 23 Mar 2016 19 Dec 2019 Solicitor British 2 - 14883 (55.3%)
Resigned Duncan Andrew HINKS 31 Oct 2011 27 Mar 2019 Chief Financial Officer British 5 - 5015 (27.3%)
Resigned Donald Ian POOLE 21 Sep 2009 31 Oct 2011 Director British 0 - 20 (0.0%)
Resigned Paul Antony STROTHERS 31 Mar 2009 31 May 2009 Divisional Chief Executive British 0 - 62 (33.3%)
Resigned Michael John SCHURCH 06 Dec 2004 23 Mar 2016 Director British 9 - 12674 (54.8%)
Resigned Stephen Mark ASTON 11 Nov 2002 06 Dec 2004 Finance Director British 0 - 5922 (37.3%)
Resigned Stephen Mark ASTON 11 Nov 2002 06 Dec 2004 Finance Director British 3 - 6024 (38.1%)
Resigned Michael Arthur KAYSER 25 Feb 2002 08 Sep 2002 Company Director British 1 - 17287 (50.3%)
Resigned Howard Watson JACKSON 25 Feb 2002 20 Oct 2011 Lawyer British 16 - 9852 (45.6%)
Resigned Eric James LEWIS 17 Aug 2001 31 Mar 2009 Chief Executive British 10 - 6934 (43.0%)
Resigned George BULL 04 Jul 2001 06 Dec 2001 Chief Financial Offer British 0 - 4421 (47.7%)
Resigned Michael John TILLEY 15 Dec 1998 06 Dec 2001 Director British 8 - 10457 (50.9%)
Resigned David John Spicer ASTON 22 Oct 1998 17 Aug 2001 Company Director British 7 - 3723 (52.3%)
Resigned Michael John Eyre JEVERS 31 Oct 1996 13 Feb 1998 Director British 0 - 179 (52.9%)
Resigned David WHITEHOUSE 01 Jun 1995 26 Aug 1999 Company Director British 0 - 20 (0.0%)
Resigned Ian WILKINS 28 Apr 1994 22 Oct 1998 Director British 0 - 20 (0.0%)
Resigned Kenneth MATHIESON 11 Sep 1995 Director British 0 - 41 (25.0%)
Resigned Richard Henry WATKINS 01 Jun 1995 Director British 0 - 1913 (68.4%)
Resigned Roderick Brett WELCH 01 Nov 1996 Director British 2 - 6538 (56.7%)
Number of active directors: 2
Average tenure of active directors: 4.3 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 16.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TRIPLEX LLOYD PROPERTIES LIMITED (00024593) - Active
PARALLOY LIMITED (00260752) - Active
HEREFORDSHIRE VENNTURE (08803798) - Active
KEVCT.COM LIMITED (12071030) - Dissolved
NIMBUS INVESTMENTS CXXXVI LIMITED (12230573) - Active
NIMBUS INVESTMENTS CCXXXVI (236) LIMITED (13353910) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-04-092015-09-122014-09-122013-09-12
NIMBUS INVESTMENTS CXXXVI LIMITEDORDINARY48,000
100%
0
0%
0
0%
0
0%
DONCASTERS LIMITEDORD0
0%
47,999
100.0%
0
0%
0
0%
TRIPLEX LLOYD NOMINEES LIMITEDORD0
0%
1
0.002%
0
0%
0
0%
DONCASTERS LIMITEDORDINARY0
0%
0
0%
47,999
100.0%
0
0%
TRIPLEX LLOYD NOMINEES LIMITEDORDINARY0
0%
0
0%
1
0.002%
1
0.002%
DERITEND INTERNATIONAL LIMITEDORDINARY0
0%
0
0%
0
0%
47,999
100.0%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2016-05-242015-07-022014-07-022013-07-022012-07-02
PARALLOY LIMITEDORD5,774,929
100%
5,774,929
100%
0
0%
0
0%
0
0%
PARALLOY LIMITEDORDINARY0
0%
0
0%
5,774,929
100%
5,774,929
100%
5,774,929
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PARALLOY 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


Title Date filed Status Publication number
Low strain high ductility alloy 2015-08-28 Awaiting First Examination GB2544441
Low ductility alloy 2015-06-12 Awaiting First Examination GB2542519
Hafnium oxide dispersion hardened nickel-chromium-iron alloys 2003-10-30 Ceased GB2394960
Alloy pipes and methods of making same 1998-08-20 Granted GB2340911

COMPETITORS

(Based on Sic code: 24540 Casting of other non-ferrous metals)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HOWMET LIMITED HOWMET KESTREL WAY, SOWTON INDUSTRIAL ESTATE, EXETER, ENGLAND, EX2 7LG 02659893 2017-12-31 120,516,000 11,196,000 25990-Manufacture of other fabricated metal products not elsewhere classified
DONCASTERS AEROSPACE LIMITED HOLBROOK WORKS STATION ROAD, HALFWAY, SHEFFIELD, ENGLAND, S20 3GB 04095261 2017-12-31 40,747,000 161,000
JVM CASTINGS (WORCESTER) LIMITED JVM CASTINGS LIMITED, DROITWICH ROAD, WORCESTER, ENGLAND, WR3 7JX 05816200 2018-03-31 34,320,007 -262,760
RICAL LIMITED TRAMWAY OLDBURY ROAD, SMETHWICK, WARLEY, WEST MIDLANDS, B66 1NY 00088330 2018-08-31 23,566,000 -341,000 25620-Machining
25930-Manufacture of wire products, chain and springs
25990-Manufacture of other fabricated metal products not elsewhere classified
TRITECH PRECISION PRODUCTS (YEOVIL) LIMITED BRIDGE ROAD NORTH BRIDGE ROAD NORTH, WREXHAM INDUSTRIAL ESTATE, WREXHAM, WALES, LL13 9PS 09432835 2018-03-31 6,220,644 0
ALLOY TECHNOLOGIES (UK) LIMITED C/O TMF GROUP 13TH FLOOR, ONE ANGEL COURT, LONDON, UNITED KINGDOM, EC2R 7HJ 02965664 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
PARALLOY 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
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