WELLINGTON REALISATIONS LIMITED

LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, LS1 4DL

Previous name: RELYON LIMITED (changed on 17-Sep-2020)

Company Number: 00470381
Incorporation date: 01-Jul-1949
Status: In Administration/Administrative Receive
Entity type: Private Limited Company

SIC codes:
31030 Manufacture of mattresses
31090 Manufacture of other furniture

SUMMARY

This company is 74.9 years old and is currently in administration/administrative receive. It is controlled by Relyon Group Limited. The company has positive equity (net assets) of GBP 8.1 thousand which has increased from GBP 0 in the previous year. The latest reported revenue figure is GBP 40.8 thousand which is similar to the previous year's figure of GBP 42.9 thousand. The company has 1 active officers (directors or partners) who are or were officers of 18 other companies, 14 (77.8%) 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: 26-Sep-2020
Accounts Filed: FULL (30-Sep-2018)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Net Profit GBP
30-Sep-2018	GBP	40,789	1,655	172	1,173
30-Sep-2017	GBP	42,905	2,928	156
30-Sep-2016	GBP	59,763	4,358	450
30-Jun-2015	GBP	2	3,223	360
30-Jun-2014	GBP	52,417	2,893	360

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Retained Earnings	Net Assets
30-Sep-2018	GBP	349	9,959	7,018	40	8,014	8,054
30-Sep-2017	GBP	322	13,594	9,743	40	6,841
30-Sep-2016	GBP	3,410	15,569	11,327
30-Jun-2015	GBP	3,271	16,193	11,997
30-Jun-2014	GBP	3,885	16,058	11,887

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Sep-2017	GBP	100.00%	40	0	40	-1,846

* 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	All apointments (active/resigned)
Resigned	John Henry ROBINS	22 Dec 2010	16 Jul 2021	0 - 1
Resigned	Mark ASHCROFT	03 Dec 2007	22 Dec 2010	0 - 244
Resigned	David James HOUGHTON	18 Aug 2006	03 Dec 2007	0 - 14
Resigned	Kirste Jane SHORT	30 Oct 2003	18 Aug 2006	0 - 9
Resigned	Sara SHIPMAN	07 Oct 1996	30 Oct 2003	0 - 9
Resigned	Louise Joanna RICHARDSON	11 Nov 1993	07 Oct 1996	0 - 5
Resigned	David Page STOCKS		30 Sep 1993	0 - 6

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Mark Xavier JACKSON	20 Mar 2020	16 Jul 2021	Finance Director	British	3 - 26	13 (44.8%)
Active	Mark Xavier JACKSON	20 Mar 2020		Finance Director	British	5 - 14	15 (78.9%)
Resigned	Theodore Le Roux De KLERK	13 Mar 2019	26 Feb 2020	Director	South African	1 - 7	6 (75.0%)
Resigned	Andre MULLER	05 Feb 2018	15 Apr 2020	Group Financial Controller	South African	0 - 11	10 (90.9%)
Resigned	Mark Alexander DUFF	01 Apr 2017	16 Jul 2021	Operations Director	Zimbabwean	0 - 2	2 (100.0%)
Resigned	Anthony Michael JOYCE	23 Jun 2015	06 Feb 2017	Director	British	0 - 6	4 (66.7%)
Resigned	Richard John NAYLOR	05 Jan 2015	27 Dec 2018	Marketing, Design And Development Director	British	0 - 2	2 (100.0%)
Resigned	Paul LITTLE	01 May 2014	02 Jun 2020	Sales Director	British	1 - 4	2 (40.0%)
Resigned	Sean SUMMERS	08 May 2012	10 Aug 2012	Director	British	0 - 9	5 (55.6%)
Resigned	Alan Charles Addison CHAPMAN	19 Mar 2010	16 Jul 2021	Director	British	2 - 9	5 (45.5%)
Resigned	Andrew John MURDOCH	05 Mar 2010	31 Aug 2015	Director	British	0 - 8	3 (37.5%)
Resigned	David Ian WESCOMB	04 Jan 2010	31 Dec 2017	Sales Director	British	0 - 6	4 (66.7%)
Resigned	David John LAMBERT	04 Jan 2010	01 Apr 2017	Operations Director	British	1 - 5	2 (33.3%)
Resigned	David James HOUGHTON	06 Oct 2008	18 Mar 2010	Finance Director	British	0 - 14	8 (57.1%)
Resigned	Philip Jean DIEPERINK	03 Dec 2007	18 Mar 2019	Finance Director	Dutch	0 - 14	8 (57.1%)
Resigned	Andrew BOWEN	01 Jun 2007	01 Dec 2009	Operations Director	British	0 - 2	2 (100.0%)
Resigned	Garth Christian PETERSEN	23 Mar 2007	26 Sep 2008	Director	South African	0 - 3	2 (66.7%)
Resigned	Trudi Elizabeth Jane JAMES	01 Jul 2003	06 Oct 2008	Director	British	0 - 4	2 (50.0%)
Resigned	Michael RAYNER	07 May 2002	27 Feb 2004	Managing Director	British	1 - 18	13 (68.4%)
Resigned	Christopher Frederick TATTERSALL	21 Dec 2001	05 Mar 2010	Director	British	0 - 4	2 (50.0%)
Resigned	Richard Stephen HARRISON	18 Oct 1999	25 Apr 2002	Director	British	0 - 2	2 (100.0%)
Resigned	Bernard HURLEY	01 Sep 1999	30 Oct 2006	Director	British	0 - 3	1 (33.3%)
Resigned	Norman David GRAHAM	06 Feb 1998	31 Dec 1999	Company Director	British	0 - 8	5 (62.5%)
Resigned	Nigel Anthony MORRIS	01 Jan 1997	27 Apr 2000	Finance Director	British	4 - 23	17 (63.0%)
Resigned	Simon Anthony NORTH	02 Jan 1996	27 Jan 2000	Operations Director	British	5 - 7	3 (25.0%)
Resigned	David Raymond SHAW	01 Dec 1994	03 Dec 2007	Director	British	0 - 13	8 (61.5%)
Resigned	Richard Charles MARKE	01 Nov 1993	29 Dec 1995	Director	British	0 - 2	2 (100.0%)
Resigned	Ian Michael TOPPING	01 Sep 1993	08 May 2012	Director	British	0 - 25	15 (60.0%)
Resigned	Kenneth Richard HEAP		07 Sep 1994	Director	British	0 - 6	6 (100.0%)
Resigned	Norman David GRAHAM		31 Dec 1999	Company Director	British	0 - 8	5 (62.5%)
Resigned	Louise Joanna RICHARDSON		29 Dec 1995	Director	British	0 - 5	4 (80.0%)
Resigned	John Stuart MANT		05 Nov 1993	Director	British	0 - 3	1 (33.3%)
Resigned	Ralph PLATT		30 Sep 1993	Managing Director	British	0 - 4	3 (75.0%)
Resigned	David Page STOCKS		30 Sep 1993	Director	British	0 - 6	5 (83.3%)
Resigned	Colin Ewart AMERY		29 Dec 1995	Director	British	0 - 1	1 (100.0%)
Resigned	John Anthony PARSONS		31 Oct 1993	Director	British	0 - 3	1 (33.3%)

Number of active directors: 1
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 3.9 years
Average active director Dissolution Rate: 78.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Mark Xavier JACKSON
PROPERTY PORTFOLIO (NO 1) LIMITED (00281055) - In Administration/Administrative Receive	✔
WELLINGTON REALISATIONS LIMITED (00470381) - In Administration/Administrative Receive	✔
PROPERTY PORTFOLIO (NO 7) LIMITED (00548337) - Active	✔
WELLINGTON REALISATIONS GROUP LIMITED (00859590) - In Administration/Administrative Receive	✔
PROPERTY PORTFOLIO (NO 15) LIMITED (00884341) - In Administration/Administrative Receive	✔
BLUE GROUP UK GROUP PROPERTIES LIMITED (01024575) - In Administration/Administrative Receive	✔
SERAIS INVESTMENTS LIMITED (01264703) - In Administration/Administrative Receive	✔
UNITRANS LIMITED (01372780) - Active	✔
PROPERTY PORTFOLIO (NO 11) (02236968) - Active	✔
PROPERTY PORTFOLIO (NO 17) LIMITED (02287644) - In Administration/Administrative Receive	✔
PROPERTY PORTFOLIO (NO 8) LIMITED (02347258) - In Administration/Administrative Receive	✔
PROPERTY PORTFOLIO (NO 14) LIMITED (02910567) - In Administration/Administrative Receive	✔
HOMESTYLE GROUP OPERATIONS LIMITED (03130486) - In Administration/Administrative Receive	✔
FORMATION FURNITURE LIMITED (03223063) - In Administration/Administrative Receive	✔
PROPERTY PORTFOLIO (NO 2) LIMITED (03511999) - In Administration/Administrative Receive	✔
BLUE GROUP UK MANUFACTURING LIMITED (04209321) - In Administration/Administrative Receive	✔
UNITRANS UK LIMITED (05523545) - Active	✔
UNITRANS LOGISTICS (UK) LIMITED (05523550) - In Administration/Administrative Receive	✔
BLUE GROUP UK BEDS LIMITED (08431253) - In Administration/Administrative Receive	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-06-08	2015-06-08	2014-06-08	2013-06-08	2012-06-08
RELYON GROUP LIMITED	ORDINARY SHARES	39,636 100%	39,636 100%	39,636 100%	39,636 100%	39,636 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Mr Gavin Michael George - active
    25-50%:Exap Limited (07127384 - United Kingdom) active
    25-50%:Mr Gavin Michael George - active
    25-50%:Mr Magnus Mattson - active
    Significant influence or control:Alteri Partners Llp (Oc396447 - United Kingdom) ceased
    >75%:Apollo Global Management, Inc. (4382726 - Delaware) ceased
    >75%:Bluegroup Bidco Limited (12311257 - United Kingdom) active
    >75%:Steinhoff International Holdings N.V. (63570173 - Netherlands) active
    >75%:Steenbok Newco 2b Limited (11728129 - United Kingdom) active
    >75%:Steenbok Newco 3 Limited (11728460 - United Kingdom) active
    >75%:Steenbok Newco 4 Limited (11728633 - United Kingdom) active
    >75%:Ibex Retail Investments (Europe) Limited (12899084 - United Kingdom) active
    >75%:Steenbok Newco 7 Limited (11729104 - United Kingdom) active
    >75%:Steinhoff Uk Holdings Limited (03738136 - United Kingdom) ceased
    >75%:Blue Group Hold Co Limited (12040448 - United Kingdom) active
  - >75%:Steinhoff Uk Holdings Limited (3738136 - United Kingdom) ceased
  >75%:Blue Group Uk Manufacturing Limited (04209321 - United Kingdom) active
>75%:Relyon Group Limited (00859590 - United Kingdom) active

Controlling entities above

WELLINGTON REALISATIONS 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
2019-10-01	2020-03-31	41	2%	46%	31560
2019-04-01	2019-09-30		%	%	23223
2019-04-01	2019-09-30	45	1%	39%	23237
2018-10-01	2019-03-31	43	1%	46%	15215
2018-04-01	2018-09-30	43	0%	40%	8429
2017-10-01	2018-03-31	45	1%	27%	1528

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Sprung divan base	1988-04-22	Terminated	GB2203938
Stowable beds	1981-12-03	Granted	GB2112278

COMPETITORS

(Based on Sic code: 31030 Manufacture of mattresses)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
SILENTNIGHT GROUP LIMITED	LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ	07525259	2018-02-03	144,902,000	11,461,000
SILENTNIGHT HOLDINGS LIMITED	LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ	07627383	2018-02-03	144,902,000	11,461,000
RELYON LIMITED	LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL	00470381	2017-09-30	42,905,000	2,216,000	31090-Manufacture of other furniture
STEINHOFF UK BEDS LIMITED	PRICEWATERHOUSECOOPERS LLP LEVEL 8, CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL	08431253	2017-09-30	40,868,000	3,489,000
AIRSPRUNG FURNITURE LIMITED	CANAL ROAD INDUSTRIAL ESTATE, TROWBRIDGE, WILTSHIRE, BA14 8RL	01503406	2018-03-31	39,901,000	-782,000	31090-Manufacture of other furniture
THE MANSION HOUSE BEDDING COMPANY LIMITED	6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH	02575156	2018-03-31	8,867,001	0
DREAMWORKS BEDS LIMITED	7 BROOK LANE, BROOK LANE INDUSTRIAL ESTATE, WESTBURY, WILTSHIRE, BA13 4EP	04773416	2017-12-31	8,415,010	0
SIGMA FOAM LIMITED	UNIT 1 PROVIDENCE MILLS, THORNTON STREET, CLECKHEATON, WEST YORKSHIRE, BD19 5BT	08291152	2017-10-31	2,427,219	0
LION BEDS LIMITED	UNIT 4C SIMMONDS ROAD, WINCHEAP RETAIL PARK, CANTERBURY, CT1 3RA	07465498	2018-03-31	0	0
MANSION HOUSE HOLDINGS LIMITED	6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH	04824096	2019-03-31	0	0

LIQUIDATION RISK (BETA)

This company is In Administration/Administrative Receive. Statistically, such companies have a VERY HIGH 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
Company status	0.7%	3.6%	7.1%	High
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%	4.4%	10.6%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium