ALFRECELL LIMITED

BLUEBELL CLOSE, CLOVER NOOK INDUSTRIAL PARK, ALFRETON, DERBYSHIRE., DE55 4RD

Previous name: RECTICEL LIMITED (changed on 01-Mar-2024)

Company Number: 00665376
Incorporation date: 18-Jul-1960
Status: Active
Entity type: Private Limited Company

SIC codes:
20160 Manufacture of plastics in primary forms





SUMMARY

This company is 64 years old and is currently active. It is controlled by Recticel S.A./N.V.. The company has positive equity (net assets) of GBP 31.2 million which has increased from GBP 15.9 million in the previous year. The latest reported revenue figure is GBP 14 million which is down -90% on the previous year. Retained earnings is negative (GBP -27.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 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: 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-2018 GBP 14,014,500 1,603,800 24,800 41,000 288,700 1,262,700
31-Dec-2017 GBP 133,881,000 -1,503,000 1,068,000 -1,061,000
31-Dec-2016 GBP 121,248,000 9,508,000 56,000 573,000 7,650,000
31-Dec-2015 GBP 105,612,000 7,038,000 9,348,000
31-Dec-2014 GBP 120,444,000 566,000 566,000
31-Dec-2013 GBP 110,208,000 -4,533,000
31-Dec-2012 GBP 100,797,000 -669,000
31-Dec-2011 GBP 93,083,000 -1,257,000
31-Dec-2010 GBP 78,340,000 -21,865,000
31-Dec-2009 GBP 63,665,000 -3,601,000
31-Dec-2008 GBP 57,312,000 -5,525,000
31-Dec-2007 GBP 48,404,000 -2,041,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 63,604,000 36,922,000 58,485,000 -27,332,000 31,153,000
31-Dec-2017 GBP 2,000 36,518,000 28,601,000 58,485,000 15,923,000
31-Dec-2016 GBP 255,000 35,555,000 26,365,000 58,485,000 -41,448,000 14,378,000
31-Dec-2015 GBP 255,000 19,543,000 1,076,000 58,485,000 -47,107,000
31-Dec-2014 GBP 146,000 18,640,000 7,959,000 58,485,000 -58,497,000 -12,000
31-Dec-2013 GBP 820,000 21,173,000 6,484,000 58,485,000 -56,706,000 1,779,000
31-Dec-2012 GBP 790,000 28,584,000 1,794,000 58,485,000 -45,695,000 12,790,000
31-Dec-2011 GBP 508,000 25,184,000 15,000 14,000 -45,026,000
31-Dec-2010 GBP 1,164,000 22,128,000 2,764,000 58,485,000 -43,769,000 14,716,000
31-Dec-2009 GBP 136,000 36,747,000 30,485,000
31-Dec-2008 GBP 2,333,000 37,495,000 30,485,000 -18,303,000
31-Dec-2007 GBP 4,125,000 31,664,000 30,485,000 -12,778,000 17,884,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2012 GBP 99.98% 58,471,000 14,000 58,485,000 28,600,500
31-Dec-2011 GBP -417,650.00% -58,471,000 58,485,000 14,000 28,413,500
31-Dec-2010 GBP 47.88% 28,000,000 30,485,000 58,485,000 43,835,000
* 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)
Resigned Paul MOSS 27 Sep 2012 23 Jun 2023 0 - 1
Resigned David James BIRKBY 13 Mar 2006 27 Sep 2012 Company Secretary British 0 - 8
Resigned Barry RAWLINSON 13 Mar 2006 British 1 - 15

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Paul RODGER 01 Oct 2023 Finance Director British 1 - 00 (0.0%)
Active Peter David BROWN 01 Oct 2023 Operations Director British 1 - 10 (0.0%)
Resigned Gurvinder Kaur BASRA 21 Oct 2022 30 Sep 2023 Senior Financial Controller British 1 - 10 (0.0%)
Resigned John THORNE 27 Sep 2022 11 Oct 2022 Managing Director British 0 - 20 (0.0%)
Resigned François Denis Noël DESNÉ 01 Jul 2022 27 Sep 2022 Group General Manager Engineered Foams French 0 - 10 (0.0%)
Resigned Didier BAER 17 Jun 2019 01 Jul 2022 Flexible Foams Manufacturing Director French 0 - 10 (0.0%)
Resigned Eric BRAY 29 Apr 2016 31 Mar 2019 Global Manufacturing Director French 0 - 10 (0.0%)
Resigned Marc CLOCKAERTS 01 Jan 2015 29 Apr 2016 Business Line Manager Belgian 0 - 10 (0.0%)
Resigned David Eric WILKINSON 06 Aug 2014 30 Jun 2017 Managing Director British 0 - 43 (75.0%)
Resigned Pierre WARRANT 01 Aug 2014 24 Sep 2015 Director Group Corporate Finance And Treasury Belgian 0 - 10 (0.0%)
Resigned Ralf BECKER 01 Jul 2014 12 Jun 2023 Group General Manager Insulation Belgian 0 - 20 (0.0%)
Resigned Ian Patrick RICE 27 Sep 2012 20 May 2014 Director British 0 - 1911 (57.9%)
Resigned Rik Jean Pierre Dora Albert DE VOS 01 Sep 2011 31 Dec 2014 Business Line Director Belgian 0 - 21 (50.0%)
Resigned Paul WERBROUCK 01 Feb 2006 01 Jul 2014 Business Unit Manager - Insula Belgian 0 - 30 (0.0%)
Resigned Christopher Wilson BOWMAN 04 Jul 2005 27 Sep 2012 Managing Director British 1 - 107 (63.6%)
Resigned Jan DE MOOR 01 Oct 2004 30 Apr 2014 Master Of Laws Belgian 0 - 10 (0.0%)
Resigned Edouard Marie Armand DUPONT 01 Oct 2004 01 Sep 2011 Chemical Engineer Belgian 0 - 98 (88.9%)
Resigned James Barrie SUTTON 31 Aug 1996 Company Director British 1 - 43 (60.0%)
Resigned Christian Anton Alexander MINEEFF 20 Dec 2005 Company Director British 2 - 1311 (73.3%)
Resigned Barry RAWLINSON 13 Apr 2006 Company Director British 1 - 1513 (81.3%)
Number of active directors: 2
Average tenure of active directors: 0.8 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ALFRECELL LIMITED (00665376) - Active
PDB OPERATIONS SOLUTIONS LIMITED (09269408) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-06-092016-06-092015-06-092014-06-092013-06-09
RECTICEL S.A./N.V.ORDINARY58,484,647
100%
0
0%
0
0%
0
0%
0
0%
RECTICEL SAORDINARY0
0%
58,484,647
100%
58,484,647
100%
58,484,647
100%
58,484,647
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ALFRECELL LIMITED

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 48 17% 24% 82222
2023-01-01 2023-06-30 40 9% 13% 74271
2022-07-01 2022-12-31 45 13% 23% 68187
2022-01-01 2022-06-01 45 14% 29% 62446
2021-07-01 2021-12-31 44 12% 35% 62625
2021-01-01 2021-06-30 40 8% 35% 62676
2020-07-01 2020-12-31 47 12% 18% 62675
2020-01-01 2020-06-30 48 15% 37% 62629
2019-07-01 2019-12-31 47 14% 35% 62628
2019-01-01 2019-06-30 43 11% 38% 18432
2019-01-01 2019-06-30 43 11% 38% 62624
2018-07-01 2018-12-31 46 16% 59% 10167
2018-01-01 2018-06-30 47 17% 65% 6437


COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Crash barrier 1996-02-13 Terminated GB2310233
Pressure reducing mattress 1996-02-09 Ceased GB2309896
Mattress 1995-12-20 Ceased GB2308297
Crash barrier 1995-05-31 Ceased GB2292404
Mattress 1983-06-08 Ceased GB2121275

COMPETITORS

(Based on Sic code: 20160 Manufacture of plastics in primary forms)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LUCITE INTERNATIONAL UK LIMITED CASSEL WORKS, NEW ROAD, BILLINGHAM, ENGLAND, TS23 1LE 03830161 2018-03-31 392,900,000 55,200,000
POLYPIPE LIMITED 4 VICTORIA PLACE, HOLBECK, LEEDS, ENGLAND, LS11 5AE 01099323 2017-12-31 389,400,000 57,600,000
BASELL POLYOLEFINS UK LIMITED CARRINGTON SITE, URMSTON, MANCHESTER, M31 4AJ 02811230 2017-12-31 280,534,000 45,977,000
VICTREX MANUFACTURING LIMITED VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02845018 2018-09-30 222,100,000 65,300,000
VITA CELLULAR FOAMS (UK) LIMITED OLDHAM ROAD, MIDDLETON, MANCHESTER, M24 2DB 00621497 2017-12-31 138,720,207 2,131,710
RECTICEL LIMITED BLUEBELL CLOSE, CLOVER NOOK INDUSTRIAL PARK, ALFRETON, DERBYSHIRE., DE55 4RD 00665376 2017-12-31 133,881,000 -114,000
ADVANCED ELASTOMER SYSTEMS LIMITED TRASTON ROAD, (OFF CORPORATION ROAD), NEWPORT, SOUTH WALES, UNITED KINGDOM, NP19 4XF 02512288 2017-12-31 130,736,000 20,486,000
NIPPON GOHSEI UK LTD. SUITE 5 2ND FLOOR BULMAN HOUSE REGENT CENTRE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 3LS 04181436 2018-03-31 130,409,000 14,807,000
PPG INDUSTRIES (UK) LIMITED NEEDHAM ROAD, STOWMARKET, SUFFOLK, UNITED KINGDOM, IP14 2AD 02110620 2017-12-31 122,301,000 2,174,000 20301-Manufacture of paints, varnishes and similar coatings, mastics and sealants
DU PONT (U.K.) LIMITED 4TH FLOOR KINGS COURT, LONDON ROAD, STEVENAGE, HERTFORDSHIRE, UNITED KINGDOM, SG1 2NG 04556216 2017-12-31 74,800,000 4,766,000
SCOTT BADER UK LIMITED WOLLASTON HALL, WOLLASTON, WELLINGBOROUGH, NORTHANTS, UNITED KINGDOM, NN29 7RL 04562724 2017-12-31 73,525,000 633,000
ALLNEX RESINS UK LIMITED 7 ALBEMARLE STREET, LONDON, ENGLAND, W1S 4HQ 05235281 2017-12-31 45,837,000 6,827,000
INVIBIO LIMITED VICTREX TECHNOLOGY CENTRE HILLHOUSE INTERNATIONAL, THORNTON, CLEVELEYS, LANCASHIRE, FY5 4QD 04088050 2018-09-30 43,689,000 28,143,000
MAINETTI (UK) LIMITED ANNFIELD ESTATE, OXNAM ROAD, JEDBURGH, TD8 6NN SC170666 2017-12-31 24,968,155 -561,209
ROYDON GROUP PLC UNITS 1-3 JUNCTION ECO PARK, RAKE LANE, SWINTON, M27 8LU 06890221 2017-10-31 15,179,787 0
VICTREX PLC VICTREX TECHNOLOGY CENTRE, HILLHOUSE INTERNATIONAL, THORNTON CLEVELEYS, LANCASHIRE, FY5 4QD 02793780 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
ALFRECELL 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
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