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UK Valuations KYC & Sanctions Statistical Reports

SECO TOOLS (U.K.) LIMITED

SECO, SPRINGFIELD BUSINESS PARK, ALCESTER, WARWICKSHIRE, B49 6PU

Company Number: 01151087
Incorporation date: 13-Dec-1973
Status: Active
Entity type: Private Limited Company

SIC codes:
25730 Manufacture of tools





SUMMARY

This company is 50.4 years old and is currently active. It is controlled by Sandvik Holdings Limited. The company has positive equity (net assets) of GBP 1 million which has decreased from the previous year's figure of GBP 3.5 million. The latest reported revenue figure is GBP 27.7 million which is similar to the previous year's figure of GBP 28.5 million. The company has 2 active officers (directors or partners) who are or were officers of 12 other companies. 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-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
03-Dec-2019 GBP 27,673,000 1,505,000 192,000 -269,000
31-Dec-2018 GBP 28,497,000 1,308,000 261,000 234,000 813,000
31-Dec-2017 GBP 26,286,000 1,459,000 396,000 231,000 832,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
03-Dec-2019 GBP 61,000 4,815,000 750,000 252,000 1,002,000
31-Dec-2018 GBP 23,000 8,554,000 5,189,000 750,000 3,481,000
31-Dec-2017 GBP 409,000 7,939,000 4,605,000 750,000 -1,030,000 750,000

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 Dipak PATEL 15 Jul 2019 16 Apr 2024 1 - 0
Resigned Christopher Anthony GILLESPIE 01 Mar 2009 15 Jul 2019 British 2 - 5
Resigned Richard James WARNER 01 Nov 2008 01 Mar 2009 0 - 3
Resigned Matthew John PARKER 01 Mar 2008 31 Oct 2008 0 - 5
Resigned Richard James WARNER 11 Dec 1998 01 Mar 2008 0 - 3
Resigned Stewart Roger RUSSELL 11 Dec 1998 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Active Alison Mary RONNIE 28 Feb 2023 Country Financial Manager British 8 - 31 (9.1%)
Active Gail MANSELL 28 Feb 2023 Director British 3 - 10 (0.0%)
Resigned Eurion William Guus KEMISH 28 Feb 2023 13 Feb 2024 Sales Director British,Dutch 0 - 10 (0.0%)
Resigned Amul Bhikaji SHINDE 14 Nov 2019 15 May 2023 Managing Director Indian 0 - 10 (0.0%)
Resigned Andreas Thomas FRITZ 01 Jun 2017 28 Feb 2023 Senior Vp - Sales German 0 - 10 (0.0%)
Resigned Richard Leslie JELFS 14 Nov 2008 15 Jul 2019 Managing Director British 0 - 20 (0.0%)
Resigned Patrik JOHNSON 03 Dec 2007 01 Mar 2012 Cfo Swedish 0 - 10 (0.0%)
Resigned Hans Erik AHMAN 01 Sep 1992 14 Nov 2008 Managing Director Swedish 0 - 10 (0.0%)
Number of active directors: 2
Average tenure of active directors: 1.1 years
Average tenure of resigned directors: 6.9 years
Average active director Dissolution Rate: 4.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
ZF SERVICES UK LIMITED (01137722) - Active ✔
SECO TOOLS (U.K.) LIMITED (01151087) - Active ✔✔
SANDVIK OSPREY LIMITED (01189998) - Active ✔
TAMROCK GREAT BRITAIN HOLDINGS LTD (02387621) - Active ✔
SIGMATEK EUROPE LIMITED (03429729) - Active ✔
INROCK LIMITED (03478230) - Active ✔
CGTECH LIMITED (03579362) - Active ✔
EXTEC MOBILE CRUSHERS & SCREENS LIMITED (04636796) - Active ✔
PROMETEC LIMITED (05521402) - Active ✔
SIGMATEK BUSINESS SYSTEMS LIMITED (08040288) - Active - Proposal to Strike off ✔
POMPLI LIMITED (12006629) - Active ✔
PREMIER MACHINE TOOLS LIMITED (13348945) - Active ✔✔
MASTERCAM UK LIMITED (13998638) - Active ✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-08-032015-08-032014-08-032013-08-032012-08-03
SANDVIK HOLDINGS LIMITEDORDINARY750,000
100%		0
0%		0
0%		0
0%		0
0%
SECO TOOLS A B FACKORDINARY0
0%		750,000
100%		750,000
100%		750,000
100%		750,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SECO TOOLS (U.K.) 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: 25730 Manufacture of tools)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
L.G.HARRIS & CO.LIMITED HARRIS BRUSH WORKS, HANBURY ROAD, STOKE PRIOR, BROMSGROVE, WORCS, B60 4AE 00249316 2017-12-31 90,477,000 349,000 32910-Manufacture of brooms and brushes
NORBAR TORQUE TOOLS LIMITED NORBAR TORQUE TOOLS LIMITED, WILDMERE ROAD, BANBURY, OXFORDSHIRE, ENGLAND, OX16 3JU 00380480 2017-12-31 28,331,019 0
MATRIX TOOLING SERVICES LIMITED DAKOTA HOUSE, CONCORD BUSINESS PARK, MANCHESTER, ENGLAND, M22 0RR 03471031 2018-04-30 19,226,286 0
SUMITOMO ELECTRIC HARDMETAL LIMITED 3 PAPER MILL DRIVE, REDDITCH, UNITED KINGDOM, B98 8QJ 01307059 2018-03-31 4,626,553 0
AEB PRECISION LIMITED 7400 DARESBURY PARK, DARESBURY, WARRINGTON, CHESHIRE, WA4 4BS 06875506 2018-04-30 1,865,200 0 82200-Activities of call centres
JAFCO TOOLS LTD. 332-336 HOLLOWAY ROAD, LONDON, ENGLAND, N7 6NJ 01572004 2017-09-30 1,210,967 0
DJ PROBERT SUPPLY CHAIN CONSULTANCY LIMITED 33 CLOVER CLOSE, SPONDON, DERBY, UNITED KINGDOM, DE21 7QY 10606533 2018-02-28 210,105 0
MADEIRA ENGINEERING LIMITED 131 EXMOUTH ROAD, SOUTH RUISLIP, MIDDLESEX, HA4 0UH 01731795 2017-07-31 186,999 0
TOOL RAPTORS LTD UNIT 1 LAKESIDE, FOUNTAIN LANE, ST MELLONS, CARDIFF, WALES, CF3 0FB 09662094 2018-06-30 153,803 0
EVERCUT TOOLS LIMITED SUITE A OLD BANK BUILDINGS, UPPER HIGH STREET, CRADLEY HEATH, WEST MIDLANDS, UNITED KINGDOM, B64 5HY 01798788 2017-08-31 81,433 0
HOLDENS (PATTERN AND TOOLING) LIMITED UNIT 3 HARGREAVES ST MILL, HARGREAVES STREET HASLINGDEN, ROSSENDALE, LANCASHIRE, BB4 5RQ 03207425 2018-06-30 37,050 0
DEREK GARDNER FARRIER PRODUCTS LIMITED WESTWOOD GARTH, BROUGH SOWERBY, KIRKBY STEPHEN, CUMBRIA, UNITED KINGDOM, CA17 4EG 10415869 2018-10-31 29,724 0
ALTUM DESIGNS LTD 11 HOLLY RIDGE, PORTISHEAD, BRISTOL, ENGLAND, BS20 8BP 09465565 2018-03-31 9,462 0
DBXCUTTER LTD 4 SYMONDS AVENUE, ORMESBY, GREAT YARMOUTH, UNITED KINGDOM, NR29 3PN 10928714 2018-08-31 4,598 0
STAYALIVELONGER LIMITED 9A WICK ROAD BUSINESS PARK, WICK ROAD, BURNHAM-ON-CROUCH, ESSEX, UNITED KINGDOM, CM0 8LT 07671700 2018-06-30 3,550 0 58110-Book publishing
59200-Sound recording and music publishing activities
70229-Management consultancy activities other than financial management
ASHLEY ILES (EDGE TOOLS) LIMITED FENSIDE,, EAST KIRKBY,, SPILSBY,, LINCOLNSHIRE, PE23 4DD 00595799 2018-05-31 0 0
NEURO LIMITED SUITE 7 MERIDIAN HOUSE, 62 STATION ROAD, NORTH CHINGFORD, LONDON, ENGLAND, E4 7BA 03023596 2018-06-30 0 0 25930-Manufacture of wire products, chain and springs
OPEN SHOP LTD. 25 25 HATCHAM ROAD, LONDON, ENGLAND, SE15 1TW 09896229 2018-12-31 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
SECO TOOLS (U.K.) 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 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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