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CUMMINS LTD.
3RD FLOOR 10 EASTBOURNE TERRACE, PADDINGTON, LONDON, W2 6LGPrevious name: CUMMINS ENGINE COMPANY LIMITED (changed on 02-Jun-2006)
Company Number: 00573951
Incorporation date: 07-Nov-1956
Status: Active
Entity type: Private Limited Company
SIC codes:
28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
SUMMARY
This company is 67.5 years old and is currently active. It is controlled by Cummins Generator Technologies Limited. The company has positive equity (net assets) of GBP 489.1 million which has decreased from the previous year's figure of GBP 555.2 million. The latest reported revenue figure is GBP 2.1 billion which is down -10% on the previous year. The company has 8 active officers (directors or partners) who are or were officers of 7 other companies. The company has no public disputes filed on the Business Disputes Register. There are 4 court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 2,145,825,000 | 112,735,000 | 5,155,000 | 160,000 | 24,176,000 | 147,319,000 |
31-Dec-2018 | GBP | 2,410,676,000 | 240,731,000 | 4,117,000 | 74,000 | 37,126,000 | 207,648,000 |
31-Dec-2017 | GBP | 1,881,633,000 | 137,376,000 | 3,121,000 | 198,000 | 1,922,000 | 138,377,000 |
31-Dec-2016 | GBP | 1,502,923,000 | 133,663,000 | 6,385,000 | 1,395,000 | 26,014,000 | 112,639,000 |
31-Dec-2015 | GBP | 1,471,092,000 | 133,471,000 | 5,992,000 | 132,000 | 1,734,000 | 137,597,000 |
31-Dec-2014 | GBP | 1,506,057,000 | 183,058,000 | 1,570,000 | 59,000 | 20,391,000 | 179,124,000 |
31-Dec-2013 | GBP | 1,414,033,000 | 184,352,000 | 2,366,000 | 3,000 | 18,060,000 | 182,690,000 |
31-Dec-2012 | GBP | 1,000 | 244,418,000 | 17,154,000 | 785,000 | 43,836,000 | 216,951,000 |
31-Dec-2011 | GBP | 1,885,893,000 | 365,657,000 | 11,546,000 | 10,000 | 103,463,000 | 273,730,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 8,854,000 | 810,358,000 | 642,114,000 | 3,317,000 | 49,900,000 | 316,316,000 | 489,121,000 | |
31-Dec-2018 | GBP | 19,038,000 | 971,510,000 | 772,101,000 | 1,469,000 | 49,900,000 | 392,846,000 | 555,223,000 | |
31-Dec-2017 | GBP | 5,411,000 | 831,303,000 | 681,495,000 | 960,000 | 49,900,000 | 389,143,000 | 559,731,000 | |
31-Dec-2016 | GBP | 23,707,000 | 711,506,000 | 488,012,000 | 1,351,000 | 49,900,000 | 292,622,000 | 450,568,000 | |
31-Dec-2015 | GBP | 677,785,000 | 476,289,000 | 1,099,000 | 49,900,000 | 296,361,000 | 459,873,000 | ||
31-Dec-2014 | GBP | 27,978,000 | 750,513,000 | 482,476,000 | 583,000 | 49,900,000 | 361,632,000 | 526,519,000 | |
31-Dec-2013 | GBP | 52,640,000 | 632,069,000 | 370,129,000 | 468,000 | ||||
31-Dec-2012 | GBP | 169,882,000 | 742,876,000 | 484,910,000 | 177,000 | 49,900,000 | 307,134,000 | 471,392,000 | |
31-Dec-2011 | GBP | 272,754,000 | 661,344,000 | 286,000 | 489,193,000 | 653,451,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2014 | GBP | 100.00% | 49,900,000 | 0 | 49,900,000 | -14,833,500 |
31-Dec-2013 | GBP | inf% | -49,900,000 | 49,900,000 | 0 | -85,988,500 |
31-Dec-2012 | GBP | 100.00% | 49,900,000 | 0 | 49,900,000 | -196,136,500 |
** 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) |
---|---|---|---|---|---|---|
Active | Paul Jonathan FERTLEMAN | 31 Dec 2015 | 18 Apr 2024 | 1 - 0 | ||
Resigned | Raymond John EYRES | 02 Oct 1995 | 31 Dec 2015 | Lawyer | British | 0 - 20 |
Resigned | Peter BERRYMAN | 02 Oct 1995 | 1 - 10 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Andrew ROBSON | 31 Mar 2023 | Director | British | 5 - 0 | 0 (0.0%) | |
Active | Desmond Joseph MCMENAMIN | 31 Mar 2023 | Director | British | 3 - 0 | 0 (0.0%) | |
Active | Bernadette Virginia DALEY | 31 Mar 2023 | Directors | British | 3 - 0 | 0 (0.0%) | |
Active | Elma AVDIC | 31 Mar 2023 | Director | American | 5 - 0 | 0 (0.0%) | |
Resigned | Gina STEAD | 23 Feb 2022 | 31 Mar 2023 | Director | British | 0 - 2 | 0 (0.0%) |
Resigned | Jonathan David WOOD | 20 Feb 2020 | 02 Mar 2023 | Company Director | British | 0 - 4 | 0 (0.0%) |
Resigned | Alison Jane SNELL | 20 Feb 2020 | 25 Jan 2022 | Company Director | British | 1 - 10 | 0 (0.0%) |
Resigned | Cornelius Martin Gerard O'SULLIVAN | 20 Feb 2020 | 16 Sep 2022 | Company Director | Irish | 0 - 2 | 1 (50.0%) |
Active | Jonathan David WOOD | 20 Feb 2020 | Company Director | British | 1 - 0 | 0 (0.0%) | |
Active | Cornelius O'SULLIVAN | 20 Feb 2020 | Company Director | Irish | 1 - 0 | 0 (0.0%) | |
Resigned | Alexey USTINOV | 01 Jun 2018 | 20 Feb 2020 | Managing Director | Russian | 0 - 3 | 0 (0.0%) |
Resigned | Mark O'CONNOR | 13 Mar 2017 | 19 Feb 2020 | N/A | British | 0 - 1 | 0 (0.0%) |
Resigned | Edward David SMITH | 13 Mar 2017 | 31 Mar 2023 | Chartered Accountant | British | 10 - 12 | 0 (0.0%) |
Active | Antonio Casimiro LEITAO | 13 Mar 2017 | N/A | French | 5 - 0 | 0 (0.0%) | |
Active | Paul Jonathan FERTLEMAN | 31 Dec 2015 | Senior Lawyer | British | 2 - 2 | 0 (0.0%) | |
Resigned | Mark Robert FIRTH | 06 Jan 2012 | 31 Dec 2016 | Sales & Marketing Director | British | 0 - 5 | 0 (0.0%) |
Resigned | Amanda Jane ROBINSON | 09 Jul 2010 | 13 Mar 2017 | Chartered Accountant | British | 1 - 13 | 2 (14.3%) |
Resigned | Ronald SOMERVILLE | 05 May 2009 | 01 Oct 2013 | Director | United Kingdom | 0 - 2 | 0 (0.0%) |
Resigned | Hugh Starkie FODEN | 01 Oct 2006 | 01 Jun 2018 | Exec Director Marketing | British | 0 - 7 | 1 (14.3%) |
Resigned | Christopher Paul IBBOTSON | 01 Jun 2004 | 05 May 2009 | Engineer | British | 0 - 4 | 0 (0.0%) |
Resigned | Michael George GREEN | 01 Jun 2003 | 31 Mar 2006 | Managing Director | Australian | 0 - 5 | 2 (40.0%) |
Resigned | John Mccormack BARROWMAN | 01 Nov 2001 | 20 Feb 2020 | Engineer | British | 0 - 5 | 0 (0.0%) |
Resigned | Peter Vincent MCDOWELL | 01 Dec 2000 | 01 May 2004 | General Manager | British | 0 - 6 | 0 (0.0%) |
Resigned | Jack Kenneth EDWARDS | 05 Jun 2000 | 30 Apr 2003 | Executive | American | 0 - 2 | 0 (0.0%) |
Resigned | Raymond John EYRES | 17 Jul 1998 | 31 Dec 2015 | Lawyer | British | 0 - 20 | 1 (5.0%) |
Resigned | James Thompson Jr DEWING | 01 Oct 1996 | 14 Jul 2000 | Managing Director | United States Of America | 0 - 2 | 0 (0.0%) |
Resigned | Gavin SINCLAIR | 02 Oct 1995 | 17 Jul 1998 | Solicitor | British | 0 - 30 | 12 (40.0%) |
Resigned | Peter BERRYMAN | 03 Oct 1994 | 31 Jul 1996 | Director And Company Secretary | British | 1 - 10 | 3 (27.3%) |
Resigned | Peter BERRYMAN | 31 Jul 1996 | Director And Company Secretary | British | 1 - 10 | 3 (27.3%) | |
Resigned | John Caldwell MACFARLANE | 31 Dec 1992 | Non-Executive Chairman | British | 0 - 10 | 5 (50.0%) | |
Resigned | Kenneth Grant SANFORD | 30 Sep 1996 | Managing Director | Australian | 0 - 2 | 0 (0.0%) |
Average tenure of active directors: 3.5 years
Average tenure of resigned directors: 4.6 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||||||
---|---|---|---|---|---|---|---|---|---|
CUMMINS POWER GENERATION LIMITED (00262310) - Active | ✔ | ✔ | ✔ | ✔ | |||||
CUMMINS GENERATOR TECHNOLOGIES LIMITED (00441273) - Active | ✔ | ✔ | ✔ | ||||||
CUMMINS TURBO TECHNOLOGIES LIMITED (00506282) - Active | ✔ | ||||||||
CUMMINS LTD. (00573951) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | |
TIMELESS CONTOURS LIMITED (07305773) - Active | ✔ | ||||||||
CUMMINS EMEA HOLDINGS LIMITED (07829012) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | ||||
CUMMINS PGI HOLDINGS LTD (08304429) - Active | ✔ | ||||||||
CUMMINS ELECTRIFIED POWER EUROPE LTD. (SC285819) - Active | ✔ | ✔ | ✔ | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-05-22 | 2015-05-22 | 2014-05-22 | 2013-05-22 | 2012-05-22 | ||
CMI PGI HOLDINGS LLC | ORDINARY | 49,900,001 100% | 49,900,001 100% | 49,900,001 100% | 49,900,001 100% | 49,900,001 100% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date | ||||
---|---|---|---|---|---|---|
2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | ||
CUMMINS LTD. | ORDINARY | 250,000 100% | 250,000 100% | 250,000 100% | 250,000 100% | 250,000 100% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
CUMMINS LTD.
Controlled companies below
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 | 58 | 35% | 38% | 78963 |
2023-01-01 | 2023-06-30 | 57 | 35% | 36% | 71922 |
2022-07-01 | 2022-12-31 | 56 | 34% | 34% | 67269 |
2022-01-01 | 2022-06-30 | 55 | 30% | 39% | 61388 |
2021-07-01 | 2021-12-31 | 52 | 26% | 43% | 53587 |
2021-01-01 | 2021-06-30 | 51 | 25% | 45% | 47419 |
2020-07-01 | 2020-12-31 | 48 | 16% | 36% | 40971 |
2020-01-01 | 2020-06-30 | 48 | 16% | 43% | 33151 |
2019-07-01 | 2019-12-31 | 48 | 13% | 44% | 26439 |
2019-01-01 | 2019-06-30 | 48 | 12% | 43% | 19519 |
2018-07-01 | 2018-12-31 | 47 | 13% | 45% | 10632 |
2018-01-01 | 2018-06-30 | 46 | 13% | 51% | 4722 |
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2019-06-27 | Mr GD Bowman v Cummins Ltd | [2019] UKET 2500464/2019 | Unfair Dismissal |
2017-11-10 | Mr A Najdi v Cummins Ltd | [2017] UKET 2500681/2017 | Race Discrimination |
2017-09-07 | Mr P Garraty v Cummins Ltd and Cummins Turbo Technologies Ltd | [2017] UKET 1800584/2017 | Breach of Contract : Unfair Dismissal |
2017-04-12 | Mr R Allen v Cummins Ltd | [2017] UKET 3401449/2016 | Unfair Dismissal |
PATENTS
Title | Date filed | Status | Publication number |
---|---|---|---|
Vane arrangement for a turbo-machine | 2016-11-15 | Pending if pre publication date, "Application Published" if publication date is today or in the past | GB2555872 |
Turbine wheel for a turbo-machine | 2016-09-21 | Pending if pre publication date, "Application Published" if publication date is today or in the past | GB2555567 |
Diffuser for a centrifugal compressor | 2016-06-30 | Pending if pre publication date, "Application Published" if publication date is today or in the past | GB2551804 |
A compressor | 2016-06-30 | Pending if pre publication date, "Application Published" if publication date is today or in the past | GB2552770 |
Turbine diffuser and method of manufacture of a turbine diffuser | 2016-03-22 | Pending | GB2548582 |
Turbine arrangement | 2016-03-18 | Terminated | GB2548408 |
Turbine | 2016-03-17 | Awaiting First Examination | GB2548393 |
A method for manufacturing a turbine wheel | 2016-01-12 | Awaiting First Examination | GB2548776 |
Bearing assembly support | 2015-12-23 | Awaiting First Examination | GB2534688 |
A turbomachine shaft and journal bearing assembly | 2015-12-18 | Granted | GB2546952 |
Anti-rotation device and assembly | 2015-11-20 | Awaiting First Examination | GB2548298 |
Compressor and turbocharger | 2015-11-08 | Awaiting First Examination | GB2547846 |
Compressor and turbocharger | 2015-06-10 | Awaiting First Examination | GB2539227 |
A Turbine | 2015-03-09 | Awaiting First Examination | GB2525305 |
Temperature sensing apparatus | 2014-11-20 | Awaiting First Examination | GB2532473 |
Compressor and turbocharger | 2014-10-07 | Awaiting First Examination | GB2531029 |
Actuator rod for a variable geometry turbine | 2014-08-07 | Awaiting First Examination | GB2536399 |
Turbine | 2014-07-11 | Granted | GB2516767 |
Turbomachine arrangement | 2014-06-12 | Awaiting First Examination | GB2523855 |
A seal assembly | 2014-06-02 | Granted | GB2530216 |
Turbine generator | 2014-05-12 | Awaiting First Examination | GB2526090 |
Variable geometry turbine | 2014-04-17 | Awaiting First Examination | GB2525240 |
Engine with turbocharger and exhaust gas recirculation system | 2013-10-11 | Granted | GB2519136 |
Sensor apparatus and turbocharger | 2013-02-27 | Awaiting First Examination | GB2511312 |
Two-stage turbomachine with intermediate exhaust treatment component. | 2012-11-14 | Terminated | GB2507968 |
Variable geometry turbine for a turbocharger | 2012-07-27 | Awaiting First Examination | GB2504482 |
Magnetic coupling with fluid cooled barrier | 2012-06-22 | Pending | GB2503276 |
Turbocharger mounting apparatus | 2012-06-15 | Pending | GB2503212 |
Variable geometry turbine | 2012-06-15 | Granted | GB2503029 |
Voltage converter with voltage regulator | 2012-03-02 | In Order For Grant | GB2499852 |
Turbine-generator and operation method | 2012-03-01 | Terminated | GB2499823 |
Turbine shaft with worm gear | 2012-01-26 | Terminated | GB2498760 |
Turbocharger arrangement | 2012-01-14 | Granted | GB2551450 |
Turbocharger and generator/motor arrangement | 2012-01-14 | Granted | GB2498400 |
Internal combustion engine and waste heat recovery system | 2011-12-22 | Pending | GB2497943 |
Turbine vane slot clearance | 2011-12-21 | Granted | GB2497786 |
Generator comprising a turbocharger | 2011-12-10 | Pending | GB2497365 |
Turbocharger arrangement including a generator | 2011-12-01 | Granted | GB2497113 |
Variable geometry turbine | 2011-09-21 | Granted | GB2483995 |
Variable geometry turbine and assembly thereof | 2011-08-15 | Granted | GB2482796 |
An Actuator Assembly for a Turbocharger Wastegate Valve Assembly | 2011-04-02 | Granted | GB2491554 |
A turbocharger | 2011-04-02 | Granted | GB2489531 |
An internal combustion engine with exhuast gas recirculation | 2011-03-25 | Terminated | GB2489415 |
Turbocharger assembly | 2011-03-04 | Granted | GB2488593 |
Compressor with sensor | 2011-01-25 | Granted | GB2487250 |
Turbine nozzle component connection | 2010-10-04 | Terminated | GB2474342 |
Variable geometry turbine inlet | 2010-10-04 | Granted | GB2474344 |
COMPETITORS
(Based on Sic code:
28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
CUMMINS LTD. | 3RD FLOOR 10 EASTBOURNE TERRACE, PADDINGTON, LONDON, ENGLAND, W2 6LG | 00573951 | 2017-12-31 | 1,881,633,000 | 203,163,000 | |
PERKINS ENGINES COMPANY LIMITED | EASTFIELD, FRANK PERKINS WAY, PETERBOROUGH, PE1 5FQ | 02089227 | 2017-12-31 | 1,462,211,000 | 23,593,000 | |
MHI VESTAS OFFSHORE WIND UK LTD | GROUND FLOOR 301 BRIDGEWATER PLACE, BIRCHWOOD PARK, WARRINGTON, CHESHIRE, UNITED KINGDOM, WA3 6XF | 05798594 | 2018-03-31 | 719,434,000 | 3,000,000 | |
SIEMENS INDUSTRIAL TURBOMACHINERY LIMITED | C A PARSONS WORKS, SHIELDS ROAD, NEWCASTLE UPON TYNE, ENGLAND, NE6 2YL | 04729734 | 2018-09-30 | 294,836,000 | 18,700,000 |
70100-Activities of head offices |
RWG (REPAIR & OVERHAULS) LIMITED | SIR IAN WOOD HOUSE HARENESS ROAD, ALTENS INDUSTRIAL ESTATE, ABERDEEN, SCOTLAND, AB12 3LE | SC120673 | 2017-12-31 | 159,105,000 | 16,858,000 | |
JCB POWER SYSTEMS LIMITED | LAKESIDE WORKS, ROCESTER, UTTOXETER, STAFFORDSHIRE, ST14 5JP | 04797821 | 2017-12-31 | 153,022,000 | 2,912,000 | |
MHI VESTAS OFFSHORE WIND BLADES UK LTD | WEST MEDINA MILLS, STAG LANE, NEWPORT, ISLE OF WIGHT, PO30 5TR | 09170456 | 2018-03-31 | 71,209,000 | 2,196,000 |
33190-Repair of other equipment |
W B POWER SERVICES LIMITED | HEANOR GATE ROAD, HEANOR, DERBYSHIRE, ENGLAND, DE75 7RJ | 02120023 | 2018-04-30 | 17,239,051 | 0 |
30200-Manufacture of railway locomotives and rolling stock |
SIMON BEATSON RACING LIMITED | NIDD LODGE SHROPHAM ROAD, GREAT HOCKHAM, THETFORD, ENGLAND, IP24 1NL | 10498458 | 2018-11-30 | 50,712 | 0 | |
BELLTECH ENGINEERING LTD | 6A PETERSFIELD ROAD, BOURNEMOUTH, DORSET, UNITED KINGDOM, BH7 6QF | 04148641 | 2018-01-31 | 21,122 | 0 |
33190-Repair of other equipment 59200-Sound recording and music publishing activities 62020-Information technology consultancy activities |
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 |
---|---|---|---|---|
CUMMINS LTD. | 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 |