POLYFLOR LIMITED

BEECHFIELD HOLLINHURST ROAD, RADCLIFFE, MANCHESTER, M26 1JN

Company Number: 00743538
Incorporation date: 10-Dec-1962
Status: Active
Entity type: Private Limited Company

SIC codes:
22230 Manufacture of builders ware of plastic

SUMMARY

This company is 61.4 years old and is currently active. It is controlled by James Halstead Plc. The company has positive equity (net assets) of GBP 27 million which has increased from GBP 27 million in the previous year. The latest reported revenue figure is GBP 136.2 million which is down -10% on the previous year. The company has 8 active officers (directors or partners) who are or were officers of 14 other companies, 1 (7.1%) 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 3 court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Mar-2025
Accounts 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	136,190,733	25,016,676	428	225,755	4,661,016	20,130,333
30-Jun-2019	GBP	146,689,716	30,998,179	455	154,142	5,711,729	25,132,763
30-Jun-2018	GBP	138,716,323	28,096,462	253	163,886	5,186,094	22,746,735

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
30-Jun-2020	GBP	4,619,804	55,104,525	43,698,270	650,510	20,000,000	7,009,648	27,009,648
30-Jun-2019	GBP	13,326,692	67,221,313	54,133,309			6,963,914	26,963,914
30-Jun-2018	GBP	11,640,612	66,346,188	53,960,900		20,000,000	5,837,865	25,837,865

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Jun-2020	GBP	100.00%	20,000,000	0	20,000,000	1,352,007
30-Jun-2019	GBP	inf%	-20,000,000	20,000,000	0	-2,483,652

* 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)
Active	David Nicholas FLETCHER	04 May 2021	18 Apr 2024	1 - 0
Resigned	Yung PUI HONG	28 Jul 2020	04 May 2021	0 - 1
Resigned	David William DRILLINGCOURT	08 Apr 2013	28 Jul 2020	0 - 1
Resigned	Malcolm Lawson SHILTON	02 Nov 2009	08 Apr 2013	0 - 1
Resigned	Gordon Richard OLIVER	16 Jan 2009	02 Nov 2009	7 - 18
Resigned	Malcolm John WARD	15 Dec 2008	16 Jan 2009	0 - 13
Resigned	William Jack WHITTAKER	07 Jan 2000	15 Dec 2008	0 - 15
Resigned	Gordon Richard OLIVER	30 Jun 1999	07 Jan 2000	7 - 18
Resigned	Graham Arthur COLES		30 Jun 1999	0 - 7

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Paul James SMALLMAN	01 Dec 2022		Technical Director	British	3 - 0	0 (0.0%)
Active	Michael Geoffrey MINETT	01 Jul 2022		R&D Director	British	1 - 0	0 (0.0%)
Active	Robert WARDROP	01 Aug 2020		Export Sales Director	British	1 - 0	0 (0.0%)
Active	Thomas Gareth ROLLO	01 Sep 2018		Uk & International Marketing Director	British	1 - 0	0 (0.0%)
Resigned	Robert Nathan Bancroft SMITH	15 Jul 2014	31 Jul 2022	Technical Director	British	0 - 3	0 (0.0%)
Active	Steven Roger MULHOLLAND	15 Jul 2014		Manufacturing Director	British	1 - 0	0 (0.0%)
Active	Michael John O'CONNOR	01 Jul 2014		Finance Director	British	1 - 1	0 (0.0%)
Resigned	Mario Ernesto Reyes OPAZO	01 Jul 2014	17 Jun 2015	Sales Director	Spanish	0 - 1	0 (0.0%)
Resigned	David Vincent SOUTHERN	08 Apr 2013	31 Dec 2022	Company Director	British	0 - 1	0 (0.0%)
Resigned	Andrew Colin BARRATT	12 Nov 2009	30 Jun 2014	Company Director	English	0 - 1	0 (0.0%)
Active	Gordon Richard OLIVER	19 Feb 2008		Chartered Accountant	English	7 - 18	7 (28.0%)
Resigned	William MCGAREL	21 Jul 2006	14 Jul 2014	Manufacturing Director	British	0 - 1	0 (0.0%)
Active	Mark Anthony SCULL	12 Dec 2005		Sales Director	British	1 - 0	0 (0.0%)
Resigned	David William DRILLINGCOURT	12 Dec 2005	30 Jun 2014	Chartered Accountant	British	1 - 2	1 (33.3%)
Resigned	John EDGE	27 Jul 2001	30 Jun 2014	Director	British	0 - 1	0 (0.0%)
Active	Mark HALSTEAD	10 May 2001		Director	British	8 - 3	2 (18.2%)
Resigned	John WHITESMITH	01 Jul 2000	14 Jul 2014	Technical Director	British	0 - 4	0 (0.0%)
Resigned	Paul SANDS	01 Jan 1999	12 Nov 1999	Company Director	British	0 - 1	0 (0.0%)
Resigned	Patrick Stephen Provis KNIGHT	01 Jul 1998	11 May 2000	Company Director	British	0 - 11	2 (18.2%)
Resigned	Robert HAIGH	16 Jun 1997	28 Feb 2001	Financial Director	British	0 - 10	9 (90.0%)
Resigned	Geoffrey HALSTEAD		30 Jun 2015	Company Director	British	0 - 8	2 (25.0%)
Resigned	Raymond ASTON		04 Jul 1997	Company Director	British	1 - 1	0 (0.0%)
Resigned	Derek Michael VALE		30 Jun 2005	Company Director	British	0 - 3	0 (0.0%)
Resigned	Michael Norman Christopher TRELEASE		18 Jul 2008	Company Director	British	0 - 1	0 (0.0%)
Resigned	John Granville KAY		07 Sep 2007	Company Director	British	0 - 1	0 (0.0%)
Resigned	Ian RAW		23 Dec 1999	Company Director	British	0 - 1	0 (0.0%)
Resigned	Roy MURPHY		30 Jun 1998	Company Director	British	2 - 3	0 (0.0%)

Number of active directors: 9
Average tenure of active directors: 10.0 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 5.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Paul James SMALLMAN	Michael Geoffrey MINETT	Robert WARDROP	Thomas Gareth ROLLO	Steven Roger MULHOLLAND	Michael John O'CONNOR	Gordon Richard OLIVER	Mark Anthony SCULL	Mark HALSTEAD
JAMES HALSTEAD PLC (00140269) - Active							✔		✔
TITAN LEISURE GROUP LIMITED (00454693) - Active							✔		✔
POLYFLOR LIMITED (00743538) - Active	✔	✔	✔	✔	✔	✔	✔	✔	✔
BELSTAFF INTERNATIONAL LIMITED (01447390) - Active							✔
TITAN CPL LTD (01453670) - Dissolved							✔		✔
PHOENIX DISTRIBUTION (N.W.) LIMITED (02676463) - Active - Proposal to Strike off							✔		✔
HALSTEAD FLOORING INTERNATIONAL LIMITED (02844922) - Active							✔		✔
JHL LIMITED (03863636) - Active							✔		✔
ARAI (UK) LIMITED (04080939) - Active							✔		✔
MOSSLEY OLD SCHOOL TRUST (04253778) - Active	✔
EXPONA LIMITED (04373157) - Active							✔		✔
RICHMINSTER LTD (07183820) - Active									✔
RIVERSIDE FLOORING LIMITED (07365585) - Active							✔		✔
MCP SALES LIMITED (07850526) - Active						✔
MOSSLEY CONSULTING LTD (13013814) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2017-12-14	2015-12-14	2014-12-14	2013-12-14	2012-12-14
JAMES HALSTEAD PLC	ORDINARY	19,999,999 100.0%	2,999,999 100.0%	2,999,999 100.0%	2,999,999 100.0%	2,999,999 100.0%
GEOFFREY HALSTEAD	ORDINARY	1 0.000%	1 0.000%	1 0.000%	1 0.000%	1 0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:James Halstead Plc (140269 - United Kingdom) active

Controlling entities above

POLYFLOR LIMITED

Controlled companies below

25-50%:RECOFLOOR LIMITED (07649767 - UK) active

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
2017-03-10	Mr P White v Polyflor Ltd	[2017] UKET 2400834/2016	Disability Discrimination : Unfair Dismissal
2010-10-28	Polyflor Limited v Frank Chatsworth (Summary Decision _Transfer)	[2010] DRS 8645	Summary Decision Transfer
2003-05-13	Polyflor Ltd v Old	[2003] UKEAT 0482_02_1305

PATENTS

Title	Date filed	Status	Publication number
Adhesive comprising additive which responds to irradiation	2002-02-27	Terminated	GB2385855
Floor covering material and method for producing same	1999-10-11	Ceased	GB2359034

COMPETITORS

(Based on Sic code: 22230 Manufacture of builders ware of plastic)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
WAVIN LIMITED	WAVIN EDLINGTON LANE, EDLINGTON, DONCASTER, SOUTH YORKSHIRE, DN12 1BY	00405836	2017-12-31	197,899,000	22,328,000
MASCO UK WINDOW GROUP LIMITED	C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, 20 COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT	02609772	2017-12-31	125,961,000	-2,552,000
UNIQUE WINDOW SYSTEMS LTD	87 PARKER DRIVE, LEICESTER, LE4 0JP	05060094	2018-04-30	20,292,208	0
VICTORIAN HOUSE (SALES) LTD	VICTORIAN HOUSE PARC HENDRE BUSINESS PARC, CAPEL HENDRE, AMMANFORD, CARMARTHENSHIRE, UNITED KINGDOM, SA18 3FA	07258551	2017-12-31	14,945,688	0	23120-Shaping and processing of flat glass
SOUNDGLOBAL TRADING LIMITED	UNIT 4 CHESFORD GRANGE, WOOLSTON, WARRINGTON, CHESHIRE, WA1 4RQ	02840665	2018-08-31	13,734,334	0
QUANTUM PROFILE SYSTEMS LIMITED	SALMON FIELDS, ROYTON, OLDHAM, LANCASHIRE, OL2 6JG	04057656	2017-12-31	10,685,156	0
GLAZERITE (EAST) LTD	JOHN WESLEY ROAD, WERRINGTON, PETERBOROUGH, CAMBRIDGESHIRE, PE4 6ZL	01670837	2017-12-31	3,068,340	0
DUCKBILL PRODUCTS LTD.	27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX	07920645	2018-01-31	73,926	0	47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
MASTERPROOFER UK LTD	UNION HOUSE, 111 NEW UNION STREET, COVENTRY, ENGLAND, CV1 2NT	03058483	2019-05-31	22,130	0
M.D.S. UPVC SUPPLIES LTD	STAFFORDSHIRE KNOT, WEDNESBURY, WEST MIDLANDS, UNITED KINGDOM, WS10 8TE	09963768	2018-03-31	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
POLYFLOR 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