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AMERICHEM EUROPE LIMITED
3 BUNHILL ROW, LONDON, EC1Y 8YZCompany Number: 01009410
Incorporation date: 28-Apr-1971
Status: Active
Entity type: Private Limited Company
SIC codes:
20160 Manufacture of plastics in primary forms
SUMMARY
This company is 53 years old and is currently active. It is controlled by Americhem Holdings International Limited. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 3.7 million which has decreased from the previous year's figure of GBP 4.1 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -313.2 thousand in the last reported period. Retained earnings is negative (GBP -3.1 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 is one court case involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: SMALL (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2021 | GBP | 8,059,861 | -840,762 | 59,518 | -84,440 | -815,840 | |
| 31-Dec-2020 | GBP | 10,813,071 | -1,477,868 | 119,055 | -91,878 | -1,505,045 | |
| 31-Dec-2019 | GBP | 12,302,489 | -194,797 | 166,130 | -78,996 | -281,931 | |
| 31-Dec-2018 | GBP | 2,917,740 | -463,355 | 1,836 | 34,394 | -383,263 | -114,486 |
| 30-Sep-2018 | GBP | 14,678,142 | -1,963,074 | 1,836 | 73,504 | 84,021 | -2,118,763 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2022 | GBP | 29,716 | 4,325,629 | 2,764,963 | 6,794,021 | -3,126,627 | 3,667,394 | ||
| 31-Dec-2021 | GBP | 304,265 | 4,879,465 | 3,442,960 | 6,794,021 | -2,813,444 | 4,139,577 | ||
| 31-Dec-2020 | GBP | 502,367 | 5,586,379 | 1,775,527 | 2,085,261 | 6,794,021 | -1,997,604 | 4,955,417 | |
| 31-Dec-2019 | GBP | 440,460 | 4,345,731 | 1,731,404 | 1,893,384 | 6,794,022 | -492,559 | 6,460,463 | |
| 31-Dec-2018 | GBP | 845,128 | 5,556,809 | 1,912,918 | -3,618,491 | 6,794,022 | -210,628 | 6,742,394 | |
| 30-Sep-2018 | GBP | 1,101,647 | 5,980,483 | 1,686,725 | 6,794,022 | -96,142 | 6,856,880 | ||
| 30-Sep-2017 | GBP | 6,794,022 | 2,022,621 | 8,975,643 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Dec-2020 | GBP | 0.00% | -1 | 6,794,022 | 6,794,021 | 8,311,931 |
** 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 | Richard Christian JUVE | 03 Nov 2009 | 18 Apr 2024 | American | 1 - 0 | |
| Resigned | John BERNER | 31 Dec 2002 | 02 Nov 2009 | Director Of FinanceAnd Treasu | American | 0 - 3 |
| Resigned | Frank Louis FIRE | 04 Jun 1994 | 31 Dec 2002 | Vice President Marketing | American | 0 - 3 |
| Resigned | Keith John SUTTON | 04 Jun 1994 | British | 0 - 10 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Robert Kenneth GUDBRANSON | 01 Mar 2019 | Chief Financial Officer | American | 2 - 0 | 0 (0.0%) | |
| Resigned | Matthew Joseph HELLSTERN | 01 Mar 2019 | 25 Aug 2021 | Chief Executive Officer | American | 0 - 2 | 0 (0.0%) |
| Resigned | Jane Catherine HAMRLE | 29 Jul 2011 | 02 Aug 2017 | Chief Financial Officer | American | 0 - 2 | 0 (0.0%) |
| Resigned | Chris Robert BAMFORD | 03 Nov 2009 | 29 Jul 2011 | Director Of Interntaional | British | 0 - 1 | 0 (0.0%) |
| Resigned | John BERNER | 03 Mar 2003 | 02 Nov 2009 | Director Of FinanceAnd Treasu | American | 0 - 3 | 0 (0.0%) |
| Active | Richard Christian JUVE | 04 Aug 1994 | Company Director | American | 3 - 0 | 0 (0.0%) | |
| Resigned | Frank Louis FIRE | 04 Jun 1994 | 31 Dec 2002 | Vice President Marketing | American | 0 - 3 | 0 (0.0%) |
| Resigned | Gustave Giovanni, Dr DAVID | 22 Apr 1994 | 30 Apr 1997 | Director | British | 0 - 3 | 0 (0.0%) |
| Resigned | David John BOOTH | 19 Jun 2008 | Director | British | 0 - 3 | 0 (0.0%) | |
| Resigned | Keith John SUTTON | 04 Jun 1994 | Director | British | 0 - 10 | 3 (30.0%) | |
| Resigned | Alan Seaward LEGG | 04 Jun 1994 | Director | British | 0 - 9 | 1 (11.1%) | |
| Resigned | Colin John WILLIAMSON | 26 Feb 1993 | Director | British | 0 - 9 | 2 (22.2%) |
Average tenure of active directors: 17.4 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2016-06-28 | 2015-07-12 | 2014-07-12 | 2013-07-12 | 2012-07-12 | ||
| AMERICHEM HOLDINGS INTERNATIONAL LIMITED | ORDINARY A | 4,362,243 64.2% | 4,362,243 64.2% | 4,362,243 64.2% | 4,362,243 64.2% | 4,362,243 64.2% |
| AMERICHEM HOLDINGS INTERNATIONAL LIMITED | REDEEMABLE PREFERENCE | 2,431,278 35.8% | 2,431,278 35.8% | 2,431,278 35.8% | 2,431,278 35.8% | 2,431,278 35.8% |
| AMERICHEM HOLDINGS INTERNATIONAL LIMITED | ORDINARYB | 499 0.007% | 499 0.007% | 499 0.007% | 499 0.007% | 499 0.007% |
| RICHARD CHRISTIAN JUVE | ORDINARYB | 1 0.000% | 1 0.000% | 1 0.000% | 1 0.000% | 1 0.000% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
AMERICHEM EUROPE 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 |
|---|---|---|---|
| 2014-06-13 | Americhem Europe Ltd v Rakem Ltd | [2014] EWHC 1881 (TCC) |
PATENTS
No Patents found
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 |
|---|---|---|---|---|
| AMERICHEM EUROPE 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 | 0.5% | 1.5% | 2.8% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
