W. CORBETT & CO. (GALVANIZING) LIMITED

NEW ALEXANDRA WORKS, HALDANE HALESFIELD 1, TELFORD, SHROPSHIRE, TF7 4QQ

Company Number: 00490482
Incorporation date: 12-Jan-1951
Status: Active
Entity type: Private Limited Company

SIC codes:
25610 Treatment and coating of metals

SUMMARY

This company is 73.3 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.9 million which has decreased from the previous year's figure of GBP 4 million. The latest reported revenue figure is GBP 11.9 million which is up 30% on previous year's figure of GBP 9.5 million. The company has 3 active officers (directors or partners) who are or were officers of 15 other companies, 4 (26.7%) 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 is one court case involving the company that we are aware of.

FINANCIALS (BETA)

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

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2022	GBP	11,931,564	248,803		332,999	-59,192	-25,004
31-Dec-2021	GBP	9,474,386	-679,902		288,259	-70,713	-897,448
31-Dec-2020	GBP	8,031,061	-114,669		275,279	85,398	-475,346
31-Dec-2019	GBP	10,788,922	-61,572		301,134	-65,885	-296,821
31-Dec-2018	GBP	11,297,993	208,881	588	-71,046	-23,852
31-Dec-2017	GBP	8,628,230	655,203	21	59,913	-75,315

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2022	GBP	62,958	8,847,159	4,977,645	2,765,665	31,389	254,334	3,645,596	3,931,319
31-Dec-2021	GBP	3,585	9,007,609	5,216,637	2,760,354	31,389	254,334	3,670,600	3,956,323
31-Dec-2020	GBP	677	7,686,581	3,118,207	2,557,783	31,389	254,334	4,568,048	298,875
31-Dec-2019	GBP	5,865	8,114,823	3,155,699	2,517,643	31,389	254,334	4,733,339	5,289,613
31-Dec-2018	GBP	41,399	6,463,850	-2,914,105	-760,943	31,389	254,334	5,018,980	5,586,434
31-Dec-2017	GBP	486	6,660,807	2,641,213	1,296,647	31,389	254,334	4,893,229	5,471,863

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	Baksho Kaur RAI	06 Dec 2005	07 Apr 2017		British	0 - 2
Resigned	Elizabeth Joy CORBETT		06 Dec 2005			0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Mark STEPHENSON	26 Oct 2023		General Manager	British	2 - 0	0 (0.0%)
Active	Kyle MAKOFKA	27 Jan 2023		Director	Canadian	2 - 0	0 (0.0%)
Active	Andrew Nicholas DODWELL	10 Jun 2020		Director	British	8 - 8	5 (31.3%)
Resigned	Sophie Louise WILLIAMS	02 Oct 2012	11 Nov 2022	Finance Director	British	0 - 2	0 (0.0%)
Resigned	Mark STATHAM	13 Jun 2008	12 Feb 2013	Director	British	0 - 2	1 (50.0%)
Resigned	David Aubrey BEASLEY	01 Apr 2006	15 Oct 2008	Accountant	British	1 - 1	0 (0.0%)
Resigned	Baksho Kaur RAI	20 Nov 2003	07 Apr 2017	Company Director	British	0 - 2	0 (0.0%)
Resigned	Elizabeth Joy CORBETT		05 Mar 2005	Director	British	0 - 2	0 (0.0%)
Resigned	Howard Stanley CORBETT		16 Jan 1995	Director	British	0 - 1	0 (0.0%)
Resigned	Richard Edward CORBETT		06 Dec 2005	Director	British	0 - 2	0 (0.0%)
Resigned	Barbara Avril Mansure CORBETT		25 Aug 1993	Director	British	0 - 1	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 1.9 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 10.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Mark STEPHENSON	Kyle MAKOFKA	Andrew Nicholas DODWELL
W. CORBETT & CO. (GALVANIZING) LIMITED (00490482) - Active	✔	✔	✔
FULLWOOD LIMITED (02643054) - Active			✔
CYTEC UK HOLDINGS LIMITED (02834414) - Active			✔
CYTEC ENGINEERED MATERIALS LIMITED (02851421) - Active			✔
SHAFTEC AUTOMOTIVE COMPONENTS LTD (03006083) - Active			✔
CALLITECH LIMITED (03894972) - Active			✔
CAMBRIAN PARK & LEISURE HOMES LIMITED (05866357) - In Administration			✔
SHAFTEC AUTOMOTIVE COMPONENTS HOLDINGS LIMITED (08233886) - Active			✔
FOOD INNOVATIONS HOLDINGS LIMITED (08927292) - In Administration			✔
CAMBRIAN LODGES HOLDINGS LIMITED (09166438) - Dissolved			✔
M&B OF LONDON LIMITED (09470455) - Active - Proposal to Strike off			✔
DORIC CRIMPED PROPERTIES LIMITED (09944727) - Active			✔
AGHOCO 1507 LIMITED (10593818) - Active	✔	✔	✔
OPENSIDE MANAGEMENT SERVICES LTD (10964859) - Active			✔
SHAFTEC HOLDCO LIMITED (11627033) - Active			✔
FIBG HOLDCO LIMITED (11976620) - Liquidation			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-12-05	2017-12-05	2015-12-05	2014-12-05	2013-12-05
AGHOCO 1507 LIMITED	ORDINARY	31,389 100%	31,389 100%	0 0%	0 0%	0 0%
MR AJMER SINGH RAT	ORDINARY 1 GBP	0 0%	0 0%	15,695 50.0%	0 0%	0 0%
MRS BAKSHO KAUR RAT	ORDINARY 1 GBP	0 0%	0 0%	15,694 50.0%	0 0%	0 0%
AS RAI	ORDINARY	0 0%	0 0%	0 0%	15,695 50.0%	30,389 96.8%
BAKSHO KAUR RAI	ORDINARY	0 0%	0 0%	0 0%	15,694 50.0%	1,000 3.19%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:James Edward Livingstone - ceased
    >75%:Ardenton Capital Limited (10434385 - United Kingdom) active
  >75%:Ardenton Capital Investments Limited (10438389 - United Kingdom) active
>75%:Aghoco 1507 Limited (10593818 - United Kingdom) active
25-50%:Mr Ajmer Singh Rai - ceased
25-50%:Mrs Baksho Kaur Rai - ceased

Controlling entities above

W. CORBETT & CO. (GALVANIZING) 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

Date	Title	Reference	Subject
2019-06-13	Mr Z Krawczyk and Mr D Madejski v W. Corbett & Co (Galvanising) Ltd	[2019] UKET 1301156/2018	Unfair Dismissal

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 25610 Treatment and coating of metals)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
BURNTISLAND FABRICATIONS LIMITED	C/O TENEO FINANCIAL ADVISORY LIMITED, 3RD FLOOR, EDINBURGH, EH2 1EL	SC213282	2017-12-31	101,009,595	0	25990-Manufacture of other fabricated metal products not elsewhere classified
BIOMET UK LIMITED	WATERTON INDUSTRIAL ESTATE, BRIDGEND, SOUTH WALES, CF31 3XA	01019715	2017-12-31	90,109,000	4,961,000	25620-Machining 32500-Manufacture of medical and dental instruments and supplies
WEDGE GROUP GALVANIZING LIMITED	STAFFORD STREET, WILLENHALL, WEST MIDLANDS, WV13 1RZ	00515891	2018-03-31	86,971,000	40,568,000
TURBINE SURFACE TECHNOLOGIES LIMITED	UNIT 13A, LITTLE OAK DRIVE SHERWOOD PARK, ANNESLEY, NOTTINGHAMSHIRE, ENGLAND, ENGLAND, NG15 0DR	04040105	2017-12-31	60,501,000	5,323,000
JOSEPH ASH LIMITED	WESTHAVEN HOUSE, ARLESTON WAY, SHIRLEY, SOLIHULL, WEST MIDLANDS, B90 4LH	00154773	2017-12-31	41,038,000	8,304,000
BLACKWOOD ENGINEERING LIMITED	GLANDWR INDUSTRIAL ESTATE, ABERBEEG, GWENT, NP13 2LN	00423178	2018-04-30	37,280,563	0
BODYCOTE HEAT TREATMENTS LIMITED	SPRINGWOOD COURT SPRINGWOOD CLOSE, TYTHERINGTON BUSINESS PARK, MACCLESFIELD, CHESHIRE, SK10 2XF	01025652	2016-12-31	29,700,000	3,320,000
WALLWORK HEAT TREATMENT LIMITED	LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE	00640305	2018-03-31	8,360,760	0
WALLWORK CAMBRIDGE LIMITED	LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE	01476898	2018-03-31	6,085,906	0	28910-Manufacture of machinery for metallurgy
WALLWORK HEAT TREATMENT (BIRMINGHAM) LIMITED	LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE	02293573	2018-03-31	5,877,007	0
WESTGATE COIL AND PROCESSING LIMITED	WESTGATE HOUSE MIDDLEMORE LANE WEST, ALDRIDGE, WALSALL, WS9 8BG	07455979	2018-02-28	1,532,571	0
WALLWORK NEWCASTLE LIMITED	LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, ENGLAND, BL9 0RE	01576003	2018-03-31	1,123,891	0
PROTECTIVE SURFACE COATINGS LTD	WEST VIEW HOUSE, NEWEYS HILL, WORCESTER, ENGLAND, WR3 7AL	08277251	2017-12-31	580,320	0
EDMO POWDER COATINGS LTD.	PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP	02226415	2018-10-31	551,710	0
SURFACE FINISHERS LIMITED	19 OAKLANDS AVENUE, EARL SHILTON, LEICESTER, ENGLAND, LE9 7JX	04774897	2017-05-31	357,338	0
ULTRAQUICK HIRE LIMITED	ADDITIONS PLUS, 10A PARLAUNT ROAD, SLOUGH, BERKSHIRE, ENGLAND, SL3 8BB	08941004	2018-03-31	206,216	0
PYRAMID LABORATORIES LIMITED	33 OAKLEAS RISE, THRAPSTON, NORTHAMPTONSHIRE, NN14 4JZ	02938949	2017-12-31	66,044	0	72190-Other research and experimental development on natural sciences and engineering
M. I. G. S. LTD.	298 HIGH STREET, DORKING, SURREY, ENGLAND, RH4 1QX	03611333	2018-08-31	41,937	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
W. CORBETT & CO. (GALVANIZING) LIMITED	0.7%	3.6%	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	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium