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METALITE ENGINEERING COMPANY LIMITED
35 GANTON WAY, TECHNO TRADING ESTATE, SWINDON, SN2 8EZCompany Number: 01098644
Incorporation date: 26-Feb-1973
Status: Active
Entity type: Private Limited Company
SIC codes:
28490 Manufacture of other machine tools
SUMMARY
This company is 51.1 years old and is currently active. It is controlled by James Baldwin Ltd. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 6 million which has increased from GBP 5.1 million in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 850.7 thousand in the last reported period. The company has 1 active officers (directors or partners) who are or were officers of 35 other companies, 14 (40.0%) 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 no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Nov-2024Accounts Filed: TOTAL EXEMPTION FULL (28-Feb-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
28-Feb-2023 | GBP | 444,987 | 6,479,450 | 1,942,071 | 192,843 | 802 | 74,958 | 5,920,426 | 5,996,426 |
28-Feb-2022 | GBP | 1,218,680 | 5,624,272 | 1,872,929 | 180,515 | 802 | 74,958 | 5,069,758 | 5,145,758 |
28-Feb-2021 | GBP | 328,475 | 4,781,797 | 1,206,214 | 320,512 | 802 | 74,958 | 4,775,023 | 4,851,023 |
29-Feb-2020 | GBP | 498,700 | 4,394,582 | 1,035,609 | 165,100 | 802 | 74,958 | 4,420,935 | 4,496,935 |
28-Feb-2020 | GBP | 498,700 | 4,394,582 | 1,035,609 | 165,100 | 802 | 74,958 | 4,420,935 | 4,496,935 |
28-Feb-2019 | GBP | 747,813 | 4,261,096 | 1,234,979 | 249,492 | 802 | 74,958 | 3,867,969 | 3,943,969 |
28-Feb-2018 | GBP | 460,940 | 3,864,973 | 1,188,859 | 179,022 | 802 | 74,958 | 3,398,939 | 3,474,939 |
28-Feb-2017 | GBP | 217,540 | 3,002,874 | 743,063 | 138,138 | 802 | 74,958 | 2,980,889 | 3,056,889 |
28-Feb-2016 | GBP | 184,482 | 2,440,067 | 457,266 | 219,734 | 802 | 74,958 | 2,695,685 | 2,771,685 |
28-Feb-2015 | GBP | 191,907 | 2,100,474 | 420,956 | 251,694 | 802 | 74,958 | 2,354,430 | 2,430,430 |
28-Feb-2014 | GBP | 29,457 | 1,859,042 | 305,714 | 284,265 | 802 | 74,958 | 2,190,796 | 2,266,796 |
28-Feb-2013 | GBP | 215,094 | 1,782,700 | 309,245 | 202,687 | 802 | 74,958 | 2,100,210 | 2,176,210 |
28-Feb-2012 | GBP | 171,879 | 1,812,720 | 374,928 | 303,987 | 802 | 74,958 | 2,047,586 | 2,123,586 |
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) |
---|---|---|---|---|---|---|
Active | Lee Julian JAMES | 10 Oct 2006 | 28 Mar 2024 | Company Director | British | 10 - 6 |
Resigned | Margaret SALT | 10 Oct 2006 | 0 - 3 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | Kevin Patrick ALMOND | 30 Jun 2008 | 27 May 2016 | Designer | British | 0 - 2 | 0 (0.0%) |
Active | John Arthur BALDWIN | 10 Oct 2006 | Accountant | British | 3 - 32 | 13 (37.1%) | |
Active | Lee Julian JAMES | 10 Oct 2006 | Company Director | British | 10 - 6 | 8 (50.0%) | |
Resigned | Margaret SALT | 29 Jan 1996 | 10 Oct 2006 | Company Director | British | 0 - 3 | 0 (0.0%) |
Resigned | Arthur ROWLEY | 06 Apr 1994 | 30 Sep 2001 | Engineer | British | 0 - 1 | 0 (0.0%) |
Resigned | Robert William BULFIELD | 20 May 1993 | Chartered Accountant | British | 0 - 2 | 0 (0.0%) | |
Resigned | Derek Wilfred SALT | 10 Oct 2006 | Engineer | British | 0 - 1 | 0 (0.0%) | |
Resigned | Christopher Norman PULLEN | 17 Jul 1992 | Engineer | British | 0 - 1 | 0 (0.0%) |
Average tenure of active directors: 17.5 years
Average tenure of resigned directors: 4.4 years
Average active director Dissolution Rate: 43.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
METALITE ENGINEERING COMPANY 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
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
28490 Manufacture of other machine tools)
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SOUTH STEEL PROCESSING LIMITED | 2 THE PRECINCT, PORTHCAWL, WALES, CF36 3RF | 10410362 | 2018-09-30 | 50,739 | 0 | |
C & C MITRES LIMITED | 4 BLOORS LANE, RAINHAM, GILLINGHAM, KENT, ME8 7EG | 04417270 | 2018-04-30 | 10,000 | 0 | |
ACORN PLASTECH (UK) LIMITED | CHARGROVE HOUSE SHURDINGTON ROAD, SHURDINGTON, CHELTENHAM, GLOUCESTERSHIRE, GL51 4GA | 05627285 | 2018-12-31 | 0 | 0 | |
PHAROS S & R LIMITED | 228 LYTHALLS LANE, COVENTRY, WEST MIDLANDS, ENGLAND, CV6 6GF | 05067819 | 2018-09-30 | 0 | 0 | |
SNAP-ON U.K. HOLDINGS LIMITED | TELFORD WAY, TELFORD WAY INDUSTRIAL ESTATE, KETTERING, NORTHAMPTONSHIRE, NN16 8SN | 02648720 | 0000-00-00 | 0 | 0 |
29310-Manufacture of electrical and electronic equipment for motor vehicles and their engines 33140-Repair of electrical equipment |
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 |
---|---|---|---|---|
METALITE ENGINEERING COMPANY 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% | 2.1% | 4.2% | Medium |
Accounting Month | 0.5% | 2.1% | 5.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |