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IFG DRAKE LIMITED
VICTORIA MILLS VICTORIA LANE, GOLCAR, HUDDERSFIELD, WEST YORKSHIRE, HD7 4JGPrevious name: DRAKE EXTRUSION LIMITED (changed on 23-Apr-2015)
Company Number: 00395431
Incorporation date: 15-May-1945
Status: Active
Entity type: Private Limited Company
SIC codes:
20600 Manufacture of man-made fibres
SUMMARY
This company is 79 years old and is currently active. It is controlled by Mr Peter Gyllenhammar. The company has positive equity (net assets) of GBP 13.8 million which has increased from GBP 13.6 million in the previous year. The latest reported revenue figure is GBP 28.1 million which is down -20% on the previous year. 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: 31-Mar-2025Accounts Filed: FULL (30-Jun-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Jun-2020 | GBP | 28,111,000 | 67,000 | 162,000 | 14,000 | 66,000 | 149,000 |
30-Jun-2019 | GBP | 33,782,000 | -96,000 | 139,000 | -67,000 | -24,000 | |
30-Jun-2018 | GBP | 34,184,000 | 828,000 | 131,000 | 197,000 | 762,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Jun-2020 | GBP | 1,018,000 | 14,355,000 | 2,348,000 | 57,000 | 8,257,000 | 13,675,000 | 13,773,000 | |
30-Jun-2019 | GBP | 644,000 | 14,685,000 | 2,671,000 | 75,000 | 13,526,000 | 13,604,000 | ||
30-Jun-2018 | GBP | 2,742,000 | 16,055,000 | 4,464,000 | 35,000 | 720,000 | 13,514,000 | 13,540,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
30-Jun-2020 | GBP | 100.00% | 8,257,000 | 0 | 8,257,000 | 3,363,500 |
30-Jun-2019 | GBP | inf% | -720,000 | 720,000 | 0 | -1,278,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Kathryn Anne DAVENPORT | 01 Oct 2010 | 04 Jan 2022 | 0 - 1 | ||
Resigned | Christopher Michael GRALEY | 27 Mar 2009 | 30 Sep 2010 | 0 - 2 | ||
Resigned | Andrew Paul WEATHERSTONE | 18 Apr 2007 | 30 Sep 2010 | 13 - 160 | ||
Resigned | Allan Lee THOMPSON | 30 Sep 2001 | 18 Apr 2007 | 0 - 21 | ||
Resigned | John Lindsay PARKINSON | 01 Oct 2000 | 30 Sep 2001 | 0 - 7 | ||
Resigned | Graham HUNT | 02 Dec 1996 | 30 Sep 2000 | 0 - 19 | ||
Resigned | John David RILEY | 01 Mar 1995 | 02 Dec 1996 | 0 - 53 | ||
Resigned | Martin Henry FIRTH | 09 Dec 1994 | 01 Mar 1995 | British | 0 - 10 | |
Resigned | John Michael SUTCLIFFE | 09 Dec 1994 | 0 - 10 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Bernard Bruno DERUYTTERE | 16 Sep 2021 | Director | Belgian | 1 - 0 | 0 (0.0%) | |
Active | Johan Tomas HEDLUND | 16 Sep 2021 | Director | Swedish | 1 - 0 | 0 (0.0%) | |
Resigned | John Olof HAGER | 15 Feb 2017 | 16 Sep 2021 | Managing Director | Swedish | 4 - 2 | 1 (16.7%) |
Active | Stephen O'NEIL | 01 May 2016 | Director | British | 1 - 0 | 0 (0.0%) | |
Resigned | Peter Jan Patrik GYLLENHAMMAR | 22 Jun 2015 | 01 Sep 2017 | Company Director | Swedish | 6 - 4 | 3 (30.0%) |
Resigned | Anna Carina HEILBORN | 22 Jun 2015 | 15 Feb 2017 | Company Director | Swedish | 1 - 8 | 2 (22.2%) |
Resigned | Lars John RUTEGARD | 01 Aug 2013 | 22 Jun 2015 | Company Director | Swedish | 0 - 10 | 2 (20.0%) |
Resigned | Jan Gustaf Lennart HOLMSTROM | 27 Nov 2012 | 19 Aug 2014 | Director | Swedish | 2 - 16 | 7 (38.9%) |
Resigned | Kathryn Anne DAVENPORT | 01 Feb 2012 | 29 Jul 2014 | Company Secretary | British | 4 - 16 | 6 (30.0%) |
Resigned | Stephanie Joanne HOLMES | 01 Feb 2012 | 29 Jul 2014 | Group Accountant | British | 0 - 1 | 0 (0.0%) |
Resigned | Peter Jan Patrik Valentin GYLLENHAMMAR | 01 Oct 2010 | 19 Aug 2014 | Director | Swedish | 11 - 54 | 38 (58.5%) |
Resigned | Craig LINSNER | 27 Mar 2009 | 17 Nov 2011 | Director | British | 0 - 5 | 2 (40.0%) |
Resigned | Andrew Paul WEATHERSTONE | 27 Mar 2009 | 30 Sep 2010 | Director | British | 13 - 160 | 118 (68.2%) |
Resigned | Andrew John WILLIAMS | 27 Mar 2009 | 11 Nov 2011 | Director | British | 0 - 41 | 33 (80.5%) |
Resigned | Christopher Michael GRALEY | 20 Mar 2008 | 03 Apr 2008 | Technical Manager | Other | 0 - 2 | 0 (0.0%) |
Resigned | Andrew John WILLIAMS | 20 Mar 2008 | 03 Apr 2008 | Group Accountant | British | 0 - 41 | 33 (80.5%) |
Resigned | Brian LECKIE | 12 Jun 2006 | 30 Mar 2007 | Director | British | 0 - 46 | 33 (71.7%) |
Resigned | John Lindsay PARKINSON | 17 Mar 2000 | 30 Sep 2001 | Director | British | 0 - 7 | 5 (71.4%) |
Resigned | Allan Lee THOMPSON | 12 Feb 1998 | 18 Apr 2007 | Director | British | 0 - 21 | 11 (52.4%) |
Resigned | Graham HUNT | 02 Dec 1996 | 30 Sep 2000 | Director | British | 0 - 19 | 8 (42.1%) |
Resigned | Brian LECKIE | 01 Mar 1995 | 12 Feb 1998 | Director | British | 0 - 46 | 33 (71.7%) |
Resigned | John David RILEY | 01 Mar 1995 | 02 Dec 1996 | Director | British | 0 - 53 | 38 (71.7%) |
Resigned | Keith BAILEY | 01 Oct 1991 | 30 Sep 2000 | Company Director | British | 0 - 5 | 1 (20.0%) |
Resigned | Colin FIRTH | 02 Mar 1995 | Director | British | 0 - 5 | 4 (80.0%) | |
Resigned | John Michael SUTCLIFFE | 09 Dec 1994 | Director | British | 0 - 10 | 8 (80.0%) | |
Resigned | David Geoffrey ELLIS | 21 Nov 2008 | Director | British | 0 - 5 | 4 (80.0%) | |
Resigned | Geoffrey Wilson THORNTON | 31 May 1993 | Director | British | 0 - 5 | 4 (80.0%) | |
Resigned | Martin Henry FIRTH | 30 Jun 1995 | Director | British | 0 - 10 | 8 (80.0%) | |
Resigned | Clive Michael SHAW | 02 Jan 1997 | Director | British | 0 - 38 | 26 (68.4%) | |
Resigned | Alan Victor DODMAN | 19 Jul 1991 | Director | English | 0 - 24 | 17 (70.8%) |
Average tenure of active directors: 4.4 years
Average tenure of resigned directors: 2.1 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-05-30 | 2015-05-30 | 2014-05-30 | 2013-05-30 | 2012-05-30 | ||
INTERNATIONAL FIBRES GROUP LIMITED | ORDINARY | 1 100% | 1 100% | 1 100% | 1 100% | 62,923 85.2% |
INTERNATIONAL FIBRES GROUP LIMITED | CONVERTIBLE PREFERRED ORDINARY | 0 0% | 0 0% | 0 0% | 0 0% | 10,927 14.8% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
IFG DRAKE 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:
20600 Manufacture of man-made fibres)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
LENZING FIBERS GRIMSBY LIMITED | ENERGY PARK WAY, GRIMSBY, DN31 2TT | 05709148 | 2018-12-31 | 95,003,000 | 17,126,000 | |
AMAZON FILTERS LIMITED | ALBANY PARK ESTATE, FRIMLEY ROAD, CAMBERLEY, SURREY, GU16 7PG | 01318147 | 2018-02-28 | 23,797,937 | 0 |
22290-Manufacture of other plastic products 25290-Manufacture of other tanks, reservoirs and containers of metal |
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 |
---|---|---|---|---|
IFG DRAKE LIMITED | 0.7% | 3.8% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.7% | 5.7% | 7.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |