MONTRACON LIMITED

CARR HILL, DONCASTER, DN4 8DE

Company Number: 00754248
Incorporation date: 21-Mar-1963
Status: Active
Entity type: Private Limited Company

SIC codes:
29202 Manufacture of trailers and semi-trailers

SUMMARY

This company is 61.1 years old and is currently active. It is controlled by Ballyvesey Holding Limited. The company has negative equity (net assets) of GBP -1.9 million which has worsened since the previous year's figure of GBP 1.2 million. The latest reported revenue figure is GBP 65.5 million which is down -10% on the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -6.4 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 3 active officers (directors or partners) who are or were officers of 51 other companies. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.

FINANCIALS (BETA)

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

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Tax	Net Profit GBP
30-Sep-2019	GBP	65,514,333	-2,886,822	909,351	693,491	-3,071,962
30-Sep-2018	GBP	73,295,750	-3,552,444	502,745		-3,276,540
30-Sep-2017	GBP	75,101,327	-3,184,485	443,468	667,608	-2,923,525
30-Sep-2016	GBP	80,413,766	1,216,263	418,742	29,232	884,678
30-Sep-2015	GBP	96,396,777	63,251	510,937		-245,819
30-Sep-2014	GBP	79,950,971	-2,070,200	632,611	449,149	-1,922,453
30-Sep-2013	GBP	83,484,560	285,514	391,409		555,298
30-Sep-2012	GBP					249,527
30-Sep-2011	GBP					311,517

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
30-Sep-2019	GBP	1,812	18,381,329	39,047,332	242,670	2,337,500	-6,388,047	-1,909,255
30-Sep-2018	GBP	2,282	24,756,207	42,026,490	1,137,339	2,337,500	-3,316,085	1,162,707
30-Sep-2017	GBP	1,430	31,490,452	44,808,351		2,337,500	-39,545	4,439,247
30-Sep-2016	GBP	4,001	31,712,551	40,106,695	545,915	2,337,500	2,883,980	7,362,772
30-Sep-2015	GBP	1,507	35,595,279	44,900,574	616,529	2,337,500	330,664	7,614,676
30-Sep-2014	GBP	5,301	41,318,035	50,768,658	996,890	2,337,500	576,483	7,860,495
30-Sep-2013	GBP	30,775	40,771,964	46,266,813	1,649,950	2,337,500	2,498,936	9,782,948
30-Sep-2012	GBP	113,116	29,855,912	34,188,448	2,311,740	2,337,500	-1,943,638	9,227,650
30-Sep-2011	GBP	25,115	29,147,144	34,901,694	315,126	2,337,500	169,411	8,978,123

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)
Active	Janine MACMAHON	25 Sep 2020	16 Apr 2024			1 - 0
Resigned	Harold Hugh MONTGOMERY	01 Jan 2020	25 Sep 2020			0 - 1
Resigned	Mark David KIDNEY	01 Oct 2013	31 Aug 2019			0 - 1
Resigned	Michael John Fraser DRING	01 Aug 2001	31 Aug 2014	Chartered Management Accountan	British	11 - 10
Resigned	Andrew Michael ALLWOOD	01 Oct 1995	10 Aug 2001			0 - 3
Resigned	David James PACEY	28 Feb 1992	01 Oct 1995	Accountant	British	2 - 12
Resigned	David James PACEY		01 Oct 1995		British	2 - 12

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Ray MCSORLEY	14 Sep 2021		Director	British	1 - 0	0 (0.0%)
Active	Harold Mark Joseph MONTGOMERY	28 Apr 2020		Director	British	7 - 1	0 (0.0%)
Resigned	Philip ASHTON	20 Jun 2018	29 Aug 2019	Sales Director	British	0 - 1	0 (0.0%)
Resigned	John Francis RICE	02 Feb 2016	20 Jun 2018	Sales Director	British	0 - 1	0 (0.0%)
Resigned	Paul John AVERY	02 Feb 2016	05 Oct 2017	Managing Director	British	1 - 1	0 (0.0%)
Resigned	Mark ROONEY	05 Jan 2015	30 Apr 2015	Managing Director	British	0 - 1	0 (0.0%)
Resigned	Mark David KIDNEY	01 Oct 2013	31 Aug 2019	Chartered Management Accountant	British	0 - 1	0 (0.0%)
Resigned	Michael David BENTLEY	01 Oct 2011	01 May 2012	Production Director	British	0 - 1	0 (0.0%)
Active	Colin John Hugh MONTGOMERY	01 Aug 2006		Director	British	45 - 12	3 (5.3%)
Resigned	Russell Martin GEORGE	21 Sep 2004	30 Jan 2006	Managing Director	British	0 - 5	0 (0.0%)
Resigned	Paul MEAD	02 Sep 2002	30 Jun 2014	Sales Director	British	0 - 1	0 (0.0%)
Resigned	John William BRYANT	01 Oct 2001	03 Jun 2003	Engineer	British	1 - 1	0 (0.0%)
Resigned	Michael John Fraser DRING	01 Aug 2001	31 Aug 2014	Chartered Management Accountant	British	11 - 10	8 (38.1%)
Resigned	Graham Aubrey, Dr HONEYMAN	12 Jun 2000	28 Feb 2002	Director	British	1 - 14	7 (46.7%)
Resigned	Andrew Michael ALLWOOD	01 Oct 1997	10 Aug 2001	Chartered Accountant	British	0 - 25	4 (16.0%)
Resigned	Michael Thomas KNOTT	01 Oct 1997	31 Oct 2001	Businessman	British	0 - 19	5 (26.3%)
Resigned	Christopher Colin CURZON	01 Jan 1996	31 Oct 2001	Company Director	British	0 - 4	0 (0.0%)
Resigned	Robert John Wilson MCCLELLAND	01 Oct 1994	30 Sep 2006	Accountant	British	2 - 29	5 (16.1%)
Resigned	Patrick Leonard BERRIDGE	01 Jun 1992	31 Mar 2006	Company Director	British	0 - 7	4 (57.1%)
Resigned	David James PACEY	28 Feb 1992	31 Aug 1997	Accountant	British	2 - 12	2 (14.3%)
Resigned	Robert Clive DAVIS	09 Dec 1991	11 May 1992	Engineer	British	0 - 1	0 (0.0%)
Resigned	Dennis Stuart KEYNON		31 Dec 1991	Engineer	British	0 - 1	0 (0.0%)
Resigned	Harold Hugh MONTGOMERY		25 Sep 2020	Haulier	British	3 - 58	9 (14.8%)
Resigned	Ian James MCINTOSH		31 May 1992	Salesman	British	0 - 1	0 (0.0%)
Resigned	David James PACEY		31 Aug 1997	Accountant	British	2 - 12	2 (14.3%)

Number of active directors: 3
Average tenure of active directors: 8.1 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 1.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Ray MCSORLEY	Harold Mark Joseph MONTGOMERY	Colin John Hugh MONTGOMERY
CENTURION TRUCK RENTAL LTD (00448689) - Active		✔	✔
EURO TRAILER (SALES) LIMITED (00712664) - Active			✔
MONTRACON LIMITED (00754248) - Active	✔	✔	✔
EUROFLEET RENTAL LIMITED (00829413) - Active			✔
MORGAN ELLIOTT LIMITED (01196285) - Active			✔
COMMERCIAL VEHICLE AUCTIONS LIMITED (01231851) - Active		✔	✔
MORREY OILS LIMITED (01665235) - Active			✔
MORGAN ELLIOTT GROUP LIMITED (01775760) - Active			✔
HEATHROW TRUCK CENTRE LIMITED (02067793) - Active			✔
FALCON VEHICLE SOLUTIONS LIMITED (02505450) - Active			✔
WEST PENNINE TRUCKS LIMITED (02665341) - Active		✔	✔
BALLYVESEY HOLDINGS LIMITED (03067227) - Active			✔
NORWEST VEHICLE SYSTEMS LIMITED (03306630) - Active			✔
D.M.C. TRAILERS LIMITED (04010992) - Active			✔
INTERCOUNTY TRUCK AND VAN LIMITED (04573637) - Active			✔
PLANT DIRECT LIMITED (04611012) - Active			✔
PLANTLINK LIMITED (05714095) - Active			✔
SOUTHERN PLANT LTD (06072115) - Active			✔
COMMERCIAL VEHICLE ASSET MANAGEMENT RENTAL LIMITED (06087923) - Active			✔
SAPPHIRE VEHICLE SERVICES LIMITED (07216859) - Active		✔	✔
MIDLANDS TRUCK & VAN LIMITED (07492514) - Active			✔
MIDLANDS WAREHOUSING LIMITED (08373332) - Active			✔
BALLYCRAIGY UK PROPERTIES LIMITED (08808188) - Active			✔
CVS FERRARI LIMITED (09591500) - Active			✔
CLEMENCE ROGERS LTD (10258689) - Active			✔
MORREY OILS HOLDINGS LIMITED (10952578) - Active			✔
CORNWALL ROAD (SMETHWICK) LIMITED (11955211) - Active			✔
BALLYVESEY INDUSTRIES LIMITED (12363521) - Active			✔
BALLYVESEY PROPERTIES LIMITED (12365991) - Active			✔
DUKES TRANSPORT (CRAIGAVON) LIMITED (NI008165) - Active			✔
MONTGOMERY TRANSPORT LIMITED (NI012639) - Active			✔
EAST WEST TRANSPORT LIMITED (NI012782) - Active			✔
MONTGOMERY TANK SERVICES LIMITED (NI014185) - Active			✔
OLD BALLYVESEY HOLDINGS LIMITED (NI014719) - Active			✔
MONTGOMERY DEVELOPMENTS LIMITED (NI014720) - Active		✔	✔
RHOCOLOMA LIMITED (NI022931) - Liquidation			✔
SLEATOR PLANT LIMITED (NI031413) - Active			✔
MAJOR FREIGHT SERVICES LTD (NI032389) - Active			✔
MONTGOMERY TRANSPORT 88 LIMITED (NI033964) - Active			✔
MONTGOMERY REFRIGERATED LIMITED (NI046407) - Active			✔
MONTGOMERY DISTRIBUTION LIMITED (NI046408) - Active			✔
BURNSIDE MANOR MANAGEMENT LIMITED (NI054433) - Active			✔
MALLUSK BUSINESS PARK LIMITED (NI065244) - Active		✔	✔
SCOTIA PLANT LIMITED (NI067523) - Active			✔
BALLYVESEY RECYCLING SOLUTIONS LIMITED (NI070170) - Active			✔
ROCKMOUNT VEHICLE MAINTENANCE LIMITED (NI602733) - Active			✔
NORWEST PLANT LIMITED (NI610494) - Active			✔
BALLYCRAIGY PROPERTIES LIMITED (NI619663) - Active			✔
MTG CUSTOMS LIMITED (NI691443) - Active		✔	✔
GENESIS EQUIPMENT SALES LIMITED (NI695574) - Active			✔
J.E. COULTER LIMITED (R0000354) - Active			✔
LOCH LOSSIT LIMITED (SC031079) - Active			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-01-31	2015-01-31	2014-01-31	2013-01-31	2012-01-31
BALLY VESEY HOLDING LTD	ORDINARY	2,337,500 100%	2,337,500 100%	2,337,500 100%	2,337,500 100%	2,337,500 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- 25-50%:Hh Montgomery Family Trust 2012 - active
- 25-50%:The Hh Montgomery A & M Trust - active
>75%:Ballyvesey Holding Limited (03067227 - United Kingdom) active

Controlling entities above

MONTRACON 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
2019-04-01	2019-09-30	68	66%	97%	24821
2018-10-01	2019-03-31	66	58%	67%	16258
2018-04-01	2018-09-30	68	64%	89%	8421
2017-10-01	2018-03-31	61	49%	74%	1531

COURT CASES

Date	Title	Reference	Subject
2013-02-06	Montracon Ltd v Hardcastle	[2012] UKEAT 0307_12_0602	Unfair Dismissal : Contributory fault
2005-11-21	Montracon Ltd v Whalley	[2005] EWCA Civ 1383

PATENTS

Title	Date filed	Status	Publication number
Platform arrangement for an internal tail lift that is used in twin floor trailers or vehicles	1999-11-19	Ceased	GB2356618
Curtain-sided vehicles	1995-07-11	Ceased	GB2291095

COMPETITORS

(Based on Sic code: 29202 Manufacture of trailers and semi-trailers)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP
SDC TRAILERS LIMITED	116 DEERPARK ROAD, TOOMEBRIDGE, CO ANTRIM, BT41 3SS	NI015713	2017-12-31	122,205,000	4,941,000
GRAY & ADAMS LIMITED	GRAY & ADAMS, SOUTH ROAD, FRASERBURGH, SCOTLAND, AB43 9HU	SC047482	2018-04-30	105,801,737	2,654,995
MONTRACON LIMITED	CARR HILL, DONCASTER, DN4 8DE	00754248	2017-09-30	75,101,327	-2,923,525
DON-BUR (BODIES AND TRAILERS) LIMITED	DON-BUR MOSSFIELD ROAD, ADDERLEY GREEN, LONGTON, STOKE ON TRENT, UNITED KINGDOM, ST3 5BW	01571914	2018-12-30	51,088,000	1,585,000
I. W. T. DEESIDE LIMITED	ONE, ST PETER'S SQUARE, MANCHESTER, UNITED KINGDOM, M2 3DE	04829658	2017-03-31	39,747,360	0
BRIAN JAMES TRAILERS LIMITED	CENTRAL CHAMBERS, 45-47 ALBERT STREET, RUGBY, WARWICKSHIRE, UNITED KINGDOM, CV21 2SG	03844151	2017-07-31	19,204,205	0
CROSSLAND TANKERS LIMITED	114,GROVE ROAD,, SWATRAGH,, CO.LONDONDERRY, BT46 5QZ	NI018916	2017-09-30	17,903,727	0
STERLING GP LIMITED	UNIT 7 BURDON WAY, STOKESLEY BUSINESS PARK, STOKESLEY, NORTH YORKSHIRE, UNITED KINGDOM, TS9 5PY	08582888	2017-07-31	5,196,389	0
JBF TOWING LTD	REAR OF GREEN COTTAGE, LLANGUNNOR, CARMARTHEN, DYFED, WALES, SA31 2PG	10136267	2018-04-30	138,577	0
GRAY & ADAMS GROUP LIMITED	GRAY & ADAMS GROUP LTD, SOUTH ROAD, FRASERBURGH, SCOTLAND, AB43 9HU	SC230241	0000-00-00	0	0
GRAY & ADAMS HOLDINGS LIMITED	SOUTH ROAD, SOUTH ROAD, FRASERBURGH, ABERDEENSHIRE, SCOTLAND, AB43 9HU	SC369620	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
MONTRACON LIMITED	0.7%	3.6%	7.2%	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%	4.4%	10.6%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium