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JOHNSON SECURITY LIMITED
MOUNTVIEW COURT, 1148 HIGH ROAD, WHETSTONE, LONDON, N20 0RACompany Number: 00934256
Incorporation date: 21-Jun-1968
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
30990 Manufacture of other transport equipment not elsewhere classified
SUMMARY
This company is 55.8 years old and is currently liquidation. It is controlled by Mr Shan Wang. The company has negative equity (net assets) of GBP -1.1 million which has worsened since the previous year's figure of GBP -619.4 thousand. The latest reported revenue figure is GBP 6 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 -2.8 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 3 other companies. 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-Dec-2020Accounts Filed: FULL (30-Dec-2018)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Dec-2018 | GBP | 6,029,447 | -437,100 | -291,835 | |||
30-Dec-2017 | GBP | 6,517,146 | -73,770 | 195,054 | |||
30-Dec-2016 | GBP | 8,190,818 | -698,680 | -353,432 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Dec-2018 | GBP | 159,558 | 1,740,967 | 2,971,476 | 1,309,978 | 197,563 | -2,849,761 | -1,111,283 | |
30-Dec-2017 | GBP | 49,626 | 273,010 | 3,557,250 | 1,309,978 | 197,563 | -2,557,926 | -619,448 | |
30-Dec-2016 | GBP | 134,847 | 3,443,549 | 4,010,642 | 1,309,978 | 197,563 | -2,660,610 | -922,132 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Peter Gordon HARWOOD | 08 Sep 2004 | 02 Mar 2009 | 0 - 1 | ||
Resigned | Robert James JOHNSON | 08 Sep 2004 | 0 - 6 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Michael Victor USEN | 24 Jun 2019 | Managing Director | British | 3 - 0 | 1 (33.3%) | |
Active | Shan, Dr WANG | 31 May 2012 | Director | Chinese | 1 - 2 | 2 (66.7%) | |
Resigned | Wenhua LU | 09 Dec 2009 | 31 May 2012 | Cheif Executive Officer | Chinese | 0 - 2 | 2 (100.0%) |
Resigned | Cyril LIN | 01 May 2008 | 01 Jul 2017 | Executive Chairman | Uk | 0 - 5 | 5 (100.0%) |
Resigned | Alexander Graham BANNERMAN | 01 Jan 2008 | 30 Apr 2008 | Managing Director | British | 0 - 1 | 1 (100.0%) |
Resigned | Victor John DONALDSON | 13 Jul 2007 | 15 May 2008 | Exec Director Chairman | British | 0 - 8 | 6 (75.0%) |
Resigned | Robert James JOHNSON | 27 Sep 2005 | 01 Jun 2007 | Sales Director | British | 0 - 6 | 5 (83.3%) |
Resigned | Tie Guo WANG | 08 Apr 2004 | 17 Sep 2004 | Engineer | Chinese | 0 - 2 | 1 (50.0%) |
Resigned | Victor John DONALDSON | 08 Apr 2004 | 01 Jun 2007 | Director | British | 0 - 8 | 6 (75.0%) |
Resigned | Qu LI | 08 Apr 2004 | 01 Jun 2007 | Director | British | 4 - 4 | 5 (62.5%) |
Resigned | Shan, Dr WANG | 08 Apr 2004 | 29 Feb 2008 | Director | Chinese | 1 - 2 | 2 (66.7%) |
Resigned | Keith Norman HITCHCOCK | 01 Oct 2001 | 30 Sep 2004 | Engineer | British | 0 - 2 | 1 (50.0%) |
Resigned | John Richard MILLER | 01 Jul 2001 | 08 Jul 2003 | Company Director | British | 2 - 18 | 4 (20.0%) |
Resigned | David John SCRIMSHAW | 24 Sep 1997 | 06 Jul 1998 | Director | British | 2 - 6 | 3 (37.5%) |
Resigned | Charles Terence DERNIE | 21 Oct 1993 | 31 Aug 2004 | Chartered Accountant | British | 0 - 2 | 2 (100.0%) |
Resigned | John Francis Xavier, Dr WATKINSON | 18 Jan 1993 | 17 Jan 2003 | Consultant | British | 2 - 27 | 8 (27.6%) |
Resigned | Robert James JOHNSON | 08 Sep 2004 | Draughtsman | British | 0 - 6 | 5 (83.3%) | |
Resigned | John VENTRIS-FIELD | 04 Apr 2008 | Technical Manager | British | 0 - 4 | 3 (75.0%) |
Average tenure of active directors: 8.3 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 50.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
JOHNSON SECURITY LIMITED (00934256) - Liquidation | ✔ | ✔ | |
FOUR DIMENSION JOHNSON SECURITY UK LIMITED (05056173) - Active | ✔ | ||
OBELIX SYSTEMS LIMITED (12498382) - Active | ✔ | ||
OBELIX HOLDINGS LIMITED (12820160) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | ||
FOUR DIMENSION JOHNSON SECURITY LTD | ORDINARY A | 1,037,500 79.2% | 1,037,500 79.2% | 1,037,500 79.2% | 1,037,500 79.2% | 1,037,500 79.2% |
FOUR DIMENSION JOHNSON SECURITY LTD | ORDINARY | 272,478 20.8% | 272,478 20.8% | 272,478 20.8% | 272,478 20.8% | 272,478 20.8% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
JOHNSON SECURITY 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 |
---|---|---|---|
2002-03-26 | Orchard Trading Estate Management Ltd. v Johnson Security Ltd. | [2002] EWCA Civ 406 |
PATENTS
Title | Date filed | Status | Publication number |
---|---|---|---|
Apparatus for secure carriage | 1999-08-06 | Ceased | GB2341636 |
COMPETITORS
(Based on Sic code:
30990 Manufacture of other transport equipment not elsewhere classified)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
SIEMENS RAIL AUTOMATION HOLDINGS LIMITED | SIXTH FLOOR, THE LANTERN, 75 HAMPSTEAD ROAD, LONDON, ENGLAND, NW1 2PL | 00016033 | 2017-09-30 | 457,214,000 | 53,993,000 | |
DENSO MANUFACTURING UK LTD. | QUEENSWAY CAMPUS, TELFORD, SALOP, TF1 7FS | 02502865 | 2018-03-31 | 216,928,000 | 4,153,000 | |
MERITOR HEAVY VEHICLE BRAKING SYSTEMS (UK) LIMITED | MERITOR, GRANGE ROAD, CWMBRAN, GWENT, NP44 3XU | 03640941 | 2017-12-31 | 119,982,000 | -2,672,000 | |
HITACHI AUTOMOTIVE SYSTEMS UK LTD. | MIDDLEBROOK BUSINESS PARK, ASPINALL WAY, HORWICH, BOLTON, LANCASHIRE, BL6 6JH | 03302684 | 2018-03-31 | 83,175,000 | 3,477,000 | |
DHOLLANDIA U.K. LIMITED | DHOLLANDIA UK, LATHAM ROAD, HUNTINGDON, CAMBRIDGESHIRE, PE29 6YG | 03127833 | 2017-12-31 | 26,480,581 | 0 | |
SEARS MANUFACTURING CO. (EUROPE) LIMITED | UNIT 42 RASSAU INDUSTRIAL ESTATE, RASSAU, EBBW VALE, GWENT, NP23 5SD | 01275439 | 2017-12-31 | 19,402,141 | 0 | |
RHINO PRODUCTS LIMITED | RHINO HOUSE RHINO HOUSE, DEANS ROAD, ELLESMERE PORT, ENGLAND, CH65 4DR | 04734369 | 2018-04-30 | 11,668,496 | 0 | |
TRICO LIMITED | DYKE YAXLEY LIMITED 1 BRASSEY ROAD, OLD POTTS WAY, SHREWSBURY, SHROPSHIRE, UNITED KINGDOM, SY3 7FA | 00234268 | 2017-12-30 | 11,233,000 | 0 | |
DRIVELINE HOLDINGS LIMITED | 46 CHARLOTTE SQUARE, EDINBURGH, SCOTLAND, EH2 4HQ | SC428000 | 2017-10-31 | 449,169 | 0 | |
FIELDS ENGINE SERVICE LIMITED | 15A STATION ROAD, EPPING, ESSEX, ENGLAND, CM16 4HG | 00624125 | 2018-03-31 | 144,610 | 0 |
68209-Other letting and operating of own or leased real estate |
NZGC MANAGEMENT LIMITED | CAE HEDD, LLANTILIO CROSSENNY, ABERGAVENNY, WALES, NP7 8TL | 10209174 | 2018-06-30 | 112,704 | 0 |
69201-Accounting and auditing activities |
ARGYLE ENGINEERING SERVICES LIMITED | 15 ARGYLE STREET, BURY, LANCASHIRE, BL9 5DX | 04774142 | 2018-03-31 | 65,504 | 0 | |
RONIAN LTD | SUMMIT HOUSE, MITCHELL STREET, EDINBURGH, SCOTLAND, EH6 7BD | SC278833 | 2018-05-04 | 58,558 | 0 |
47910-Retail sale via mail order houses or via Internet |
ALBERT MONTSERRAT DESIGN LIMITED | 10 HALKETTS HALL, LIMEKILNS, DUNFERMLINE, KY11 3HJ | SC451080 | 2018-05-31 | 56,046 | 0 | |
PGJ EASTLAND INTERNATIONAL LIMITED | 3A PEACOCK ALLEY, LEIGHTON BUZZARD, UNITED KINGDOM, LU7 1HF | 10415805 | 2017-10-31 | 48,674 | 0 |
33160-Repair and maintenance of aircraft and spacecraft |
EXTRA FOOT LIMITED | 9 CLANBRASSIL GROVE, LURGAN, CRAIGAVON, NORTHERN IRELAND, BT66 6RU | NI617342 | 2018-03-31 | 45,604 | 0 | |
RAYSTON ELECTRICAL LTD | CHADDESDEN ACCOUNTANTS LTD, 42A REGINALD ROAD SOUTH, CHADDESDEN, DERBY, UNITED KINGDOM, DE21 6NF | 10503279 | 2019-03-31 | 33,886 | 0 | |
KD TUNING LTD | UNIT 7 ST LUKES COURT, CLARKE WAY, SWANSEA, WINCH WEN, ENGLAND, SA1 7ER | 10170706 | 2018-05-31 | 8,400 | 0 | |
MUDDYZOOK LIMITED | 34 PLANKS LANE, WOMBOURNE, WEST MIDLANDS, WV5 9HG | 07079911 | 2018-11-30 | 607 | 0 |
62020-Information technology consultancy activities 81299-Other cleaning services |
EINSTEIN IDEAS LIMITED | 2 ST. LEONARDS ROAD, HARROGATE, NORTH YORKSHIRE, HG2 8NX | 07347687 | 2018-01-31 | 105 | 0 | |
BLADE BIKELIGHTS LIMITED | 57 CARNARVON AVENUE, ENFIELD, LONDON, ENGLAND, EN1 3DU | 10638509 | 2019-05-04 | 0 | 0 | |
STRAPMASTER LIMITED | NEWPORT HOUSE, NEWPORT ROAD, STAFFORD, STAFFS, ST16 1DA | 05928988 | 2018-03-31 | 0 | 0 | |
MERITOR HOLDINGS UK LTD. | GRANGE ROAD, CWMBRAN, GWENT, UNITED KINGDOM, NP44 3XU | 10208076 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH 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 |
---|---|---|---|---|
Company status | 100.0% | 99.4% | 99.9% | High |
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 |