FINNING (UK) LTD.

WATLING STREET, BRIDGTOWN, CANNOCK, STAFFS, WS11 8LL

Company Number: 00367090
Incorporation date: 13-May-1941
Status: Active
Entity type: Private Limited Company

SIC codes:
46630 Wholesale of mining, construction and civil engineering machinery
77390 Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified




SUMMARY

This company is 83 years old and is currently active. It is controlled by Finning Holdings. The company has positive equity (net assets) of GBP 45.9 million which has decreased from the previous year's figure of GBP 45.9 million. The latest reported revenue figure is GBP 609.3 million which is similar to the previous year's figure of GBP 602.7 million. The company has 5 active officers (directors or partners) who are or were officers of 29 other companies. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: GROUP (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 609,311,000 21,629,000 3,675,000 16,640,000
31-Dec-2018 GBP 602,675,000 22,859,000 4,085,000 17,108,000
31-Dec-2017 GBP 563,182,000 20,861,000
31-Dec-2016 GBP 485,290,000 -5,393,000
31-Dec-2015 GBP 543,282,000 4,462,000 -663,000 -6,245,000
31-Dec-2014 GBP 568,603,000 26,156,000 2,757,000 -5,412,000
31-Dec-2013 GBP 541,121,000 26,859,000 2,675,000 2,576,000 21,608,000
31-Dec-2012 GBP 567,119,000 28,847,000 5,006,000 24,229,000
25-Apr-2012 GBP 30,517,000 6,653,000 31,233,000
31-Dec-2010 GBP 10,406,000 826,000 1,172,000 9,580,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 45,882,000 116,723,000 45,882,000
31-Dec-2018 GBP 45,882,000 143,004,000 45,882,000
31-Dec-2017 GBP 45,882,000 90,003,000 45,882,000
31-Dec-2016 GBP 45,882,000 71,892,000 45,882,000
31-Dec-2015 GBP 45,882,000 104,752,000 45,882,000
31-Dec-2014 GBP 19,634,000 240,465,000 125,206,000 45,882,000 86,286,000 132,168,000
31-Dec-2013 GBP 19,201,000 221,862,000 109,678,000 78,447,000 124,329,000
31-Dec-2012 GBP 1,121,000 213,024,000 107,615,000 22,000 23,000 118,309,000
25-Apr-2012 GBP 22,018,000 235,589,000 45,882,000 60,801,000 106,683,000
31-Dec-2010 GBP 14,996,000 128,516,000 40,897,000 45,882,000 54,232,000 100,807,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2014 GBP 100.00% 45,882,000 0 45,882,000 3,523,500
31-Dec-2013 GBP inf% -22,000 22,000 0 -10,150,000
31-Dec-2012 GBP -208,454.55% -45,860,000 45,882,000 22,000 11,382,500
* 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 Mark Stephen HOGG 15 Dec 2017 24 Apr 2024 1 - 0
Resigned Gregory Paul PALASCHUK 31 Aug 2016 15 Dec 2017 0 - 1
Resigned Christopher THOMAS 23 Feb 2010 31 Aug 2016 British 0 - 1
Resigned Douglas SPROUT 30 Aug 2007 23 Feb 2010 Company Director Canadian 0 - 51
Resigned Christopher THOMAS 15 Jun 2001 30 Aug 2007 Accountant British 0 - 52
Resigned Robert William NETHERWAY 20 Nov 1992 15 Jun 2001 British 2 - 72
Resigned Sharon MORRIS 01 Sep 1990 20 Nov 1992 0 - 18
Resigned Sharon MORRIS 20 Nov 1992 British 0 - 18

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Steven Sukdeep Singh GHUMAN 02 Feb 2024 Finance Director British 1 - 00 (0.0%)
Active Kristin Nicole SHANDRO 26 Jan 2022 Finance Director Canadian 1 - 00 (0.0%)
Active Tim Arne FERWERDA 28 Jun 2019 Company Director Dutch 13 - 00 (0.0%)
Resigned David Francis Neil PRIMROSE 31 Dec 2018 03 Sep 2021 Managing Director Canadian 0 - 80 (0.0%)
Active Mark Stephen HOGG 15 Dec 2017 Finance Director British 5 - 170 (0.0%)
Resigned Gregory Paul PALASCHUK 31 Jan 2016 15 Dec 2017 Director Canadian 0 - 210 (0.0%)
Resigned Kevin PARKES 01 May 2015 31 Dec 2018 Director Equipment Solutions British 0 - 230 (0.0%)
Resigned Jason Edward HOWLETT 12 Feb 2013 31 Jul 2014 Director British 0 - 30 (0.0%)
Active Stuart Patrick CHAPMAN 14 Sep 2012 Director British 1 - 20 (0.0%)
Resigned Gareth Patrick AGNEW 31 Mar 2011 12 Feb 2013 Director British 0 - 10 (0.0%)
Resigned Ciaran Hugh MCMENAMIN 19 Mar 2010 28 Jun 2019 Solicitor Irish 2 - 30 (0.0%)
Resigned Christopher THOMAS 23 Feb 2010 31 Aug 2016 Director British 0 - 521 (1.9%)
Resigned Michael DAVIES 17 Aug 2009 14 Sep 2012 Company Director British 0 - 1614 (87.5%)
Resigned James David OATES 17 Aug 2009 30 Sep 2015 Company Director British 1 - 110 (0.0%)
Resigned Colin Archibald HOTCHKISS 22 Sep 2008 17 Aug 2009 Company Director Canadian 0 - 1614 (87.5%)
Resigned Doug SPROUT 13 Nov 2006 14 May 2010 Company Director Canadian 0 - 10 (0.0%)
Resigned Brian Foster SHERLOCK 13 Nov 2006 15 Aug 2008 Company Director British 1 - 1918 (90.0%)
Resigned Andrew FRASER 13 Nov 2006 30 Jul 2010 Company Director Canadian 0 - 63 (50.0%)
Resigned Mike WAITES 07 Sep 2006 17 Jun 2013 Cfo Canadian 0 - 10 (0.0%)
Resigned Neil Robert DICKINSON 16 Dec 2004 31 Jan 2016 Executive British 0 - 3814 (36.8%)
Resigned Wayne Mictchell BINGHAM 11 Dec 2003 01 Feb 2006 Executive Canadian 0 - 20 (0.0%)
Resigned Stephen MALLETT 01 Jul 2001 16 Dec 2004 Executive Canadian 0 - 170 (0.0%)
Resigned Christopher THOMAS 15 Jun 2001 30 Aug 2007 Accountant British 0 - 521 (1.9%)
Resigned Anne Hilary JOHNSON 15 Jun 2001 03 Feb 2006 H R Director British 0 - 40 (0.0%)
Resigned Douglas William Geoffrey WHITEHEAD 15 Jun 2001 15 May 2008 Executive Canadian 0 - 62 (33.3%)
Resigned Richard Terrance MAHLER 15 Jun 2001 31 May 2003 Executive Canadian 0 - 41 (25.0%)
Resigned Jack CARTHY 28 Sep 1999 01 Jul 2001 Director Canadian 0 - 191 (5.3%)
Resigned Nicholas Bradley LLOYD 30 Jun 1998 11 May 2000 Managing Director British 0 - 210 (0.0%)
Resigned Robert HAY 10 Mar 1997 31 Jul 2000 Director British 0 - 70 (0.0%)
Resigned Robert William NETHERWAY 10 Mar 1997 15 Jun 2001 Director British 2 - 7236 (48.6%)
Resigned David COLLIER 02 Jul 1993 30 Jun 1998 Director British 0 - 200 (0.0%)
Resigned James Frank SHEPARD 25 Jun 1991 26 Apr 2000 Director Canadian 0 - 90 (0.0%)
Resigned Bertie MORTON 02 Jul 1993 Managing Director British 0 - 110 (0.0%)
Resigned Nicholas Bradley LLOYD 11 May 2000 Managing Director British 0 - 210 (0.0%)
Resigned Donald William LORD 04 Aug 1992 Director Canadian 0 - 50 (0.0%)
Number of active directors: 5
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
H. LEVERTON LIMITED (00331231) - Active
FINNING (UK) LTD. (00367090) - Active
FINNPAVE LIMITED (00711530) - Active
BOWMAKER (PLANT) LIMITED (00722845) - Active
FINNING EQUIPMENT HIRE LIMITED (00951464) - Active
FINNING HOLDINGS (01703167) - Active
FINNING FINANCE LIMITED (01709013) - Active
UNIVERSAL MACHINERY SERVICES (EUROPE) LIMITED (01817196) - Active
FINNING TRUSTEES LIMITED (02514482) - Active
FINNING RENTAL SERVICES LIMITED (02977384) - Active
APPLIED FLUID POWER LIMITED (03658384) - Active
HOSES DIRECT LIMITED (03961496) - Active
FINNING ACQUISITION CO. (04114427) - Active
FINNING POWER RENTAL LIMITED (04547569) - Active
MURRAY CONTROL SYSTEMS LTD (04745929) - Active
HYDRAQUIP HOSE & HYDRAULICS LIMITED (04937556) - Active
DIPERK (UK) LTD. (05176684) - Active
LINDEN HOSE & ADAPTORS LIMITED (08668867) - Active
SITECH TECHNOLOGY SYSTEMS LIMITED (08760819) - Active
SITECH TECHNOLOGY SYSTEMS LIMITED (09104879) - Active
HOSE LINE HYDRAULICS LIMITED (09488590) - Active
FINNING SERVICES LIMITED (13976591) - Active
CALEDONIAN TRACTOR HOLDINGS LIMITED (SC023002) - Active
CALEDONIAN TRACTOR & EQUIPMENT CO. LIMITED (SC035872) - Active
CALEDONIAN MARINE ENGINES LIMITED (SC037544) - Active
CALEDONIAN ENGINES LIMITED (SC051215) - Active
CALEDONIAN EXCAVATORS LIMITED (SC051216) - Active
CALEDONIAN LIFT TRUCK RENTALS LIMITED (SC051217) - Active
CALEDONIAN TRACTORS LIMITED (SC051348) - Active
CAL-LIFT LIMITED (SC052890) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-04-052015-04-052014-04-052013-04-052012-04-05
FINNING HOLDINGSORDINARY45,882,001
100%
45,882,001
100%
45,882,001
100%
45,882,001
100%
45,882,001
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2018-04-282016-03-272015-11-042015-03-272014-11-04
FINNING (UK) LTD.ORDINARY15,000
100%
36,600
100%
100
100%
36,600
100%
100
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

FINNING (UK) LTD.

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
2023-07-01 2023-12-31 41 26% 9% 79704
2023-01-01 2023-06-30 41 26% 16% 75132
2022-07-01 2022-12-31 41 25% 11% 66301
2022-01-01 2022-06-30 43 29% 14% 62464
2021-07-01 2021-12-31 43 30% 8% 55848
2021-01-01 2021-06-30 41 29% 7% 48169
2020-07-01 2020-12-31 37 22% 7% 40924
2020-01-01 2020-06-30 45 29% 13% 34228
2019-07-01 2019-12-31 37 20% 7% 27402
2019-01-01 2019-06-30 35 26% 7% 21916
2018-01-01 2018-12-31 31 6% 29% 14231
2018-01-01 2018-06-30 46 23% 36% 8781


COURT CASES


Date Title Reference Subject
2017-06-20 Mr G Greenslade v Finning (UK) Ltd [2017] UKET 1600634/2016 Age Discrimination : Breach of Contract : Disability Discrimination : Unfair Dismissal
2007-05-15 Finning (UK) Ltd. v Inveresk Plc [2007] EWCA Civ 1563

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46630 Wholesale of mining, construction and civil engineering machinery)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
FINNING (UK) LTD. WATLING STREET, BRIDGTOWN, CANNOCK, STAFFS, WS11 8LL 00367090 2017-12-31 563,182,000 14,149,000 77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
MARUBENI - KOMATSU LIMITED PADGETS LANE, REDDITCH., WORCS, B98 0RT 01040079 2018-03-31 171,685,000 5,209,000
SJH-ALL PLANT GROUP LIMITED 3 DOOLITTLE YARD FROGHALL ROAD, AMPTHILL, BEDFORD, ENGLAND, MK45 2NW 04500584 2017-11-30 20,577,504 0
GEAR PUMP DISTRIBUTORS (UK) LIMITED MILLS PYATT, 11 KINGFISHER BUSINESS PARK, ARTHUR STREET, REDDITCH, WORCESTERSHIRE, B98 8LG 03925336 2017-11-30 840,844 0
USEDCRUSHERS LIMITED 31 PANT Y DDERWEN, PONTYCLUN, RHONDDA CYNON TAFF, CF72 8LY 04793134 2017-06-30 551,311 0 77320-Renting and leasing of construction and civil engineering machinery and equipment
SULLIVAN PROPERTIES LIMITED MYRAK HOUSE, CUTON HALL LANE, CHELMSFORD, ESSEX, CM2 6PB 02089369 2018-03-31 508,750 0 68209-Other letting and operating of own or leased real estate
INDMEC LIMITED 24 EUNY CLOSE, TREVINGEY, REDRUTH, CORNWALL, TR15 3DB 07410524 2019-02-01 469,113 0
G.B CONTRACTS LIMITED GB CONTRACTS LTD CHELWORTH INDUSTRIAL ESTATE, CRICKLADE, SWINDON, SN6 6HQ 03689012 2017-12-31 227,462 0 68209-Other letting and operating of own or leased real estate
GLOBAL SYNERGY RESOURCES LIMITED 169 HIGH STREET, BARNET, HERTS, ENGLAND, EN5 5SU 10146623 2018-04-30 64,931 0
EURO EQUIPMENT LIMITED PHOENIX WAY GARNGOCH INDUSTRIAL ESTATE, GORSEINON, SWANSEA, SA4 9WF 01963645 2017-12-31 0 0
KEVIN RICHARDSON PLANTMASTERUK LTD TOWER FARM, LUDWORTH, DURHAM, DH6 1NQ 09279022 2018-03-31 0 0
FINNING HOLDINGS WATLING ST, CANNOCK, STAFFS, WS11 8LL 01703167 0000-00-00 0 0 77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
HAJCO 199 LIMITED C/O WATLING JCB LTD, DOG AND GUN LANE, WHETSTONE, LEICESTER, LE8 6LJ 03473136 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
FINNING (UK) LTD. 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 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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