SEARS MANUFACTURING CO. (EUROPE) LIMITED

UNIT 42 RASSAU INDUSTRIAL ESTATE, RASSAU, EBBW VALE, GWENT, NP23 5SD

Company Number: 01275439
Incorporation date: 01-Sep-1976
Status: Active
Entity type: Private Limited Company

SIC codes:
30990 Manufacture of other transport equipment not elsewhere classified





SUMMARY

This company is 47.6 years old and is currently active. It is controlled by Sears Manufacturing Co. The company has negative equity (net assets) of GBP -1.8 million but has improved from GBP -2.9 million in the previous year. Retained earnings is negative (GBP -4.2 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 1 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 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
31-Dec-2023 GBP 1,374,898 11,072 317,338 1,068,632
31-Dec-2022 GBP 29,445,744 -648,243 2,326 174,565 -820,482
31-Dec-2021 GBP 22,913,704 -1,606,350 121,319 -1,727,669
31-Dec-2020 GBP 17,366,997 -449,522 153 119,808 -569,177
31-Dec-2019 GBP 20,051,646 -541,831 148,407 -690,238
31-Dec-2018 GBP 20,161,604 127,240 127,080 201
31-Dec-2017 GBP 19,402,141 18,110 126,057 -6,383 -101,564
31-Dec-2016 GBP 17,226,743 -1,031,227 101,907 194,569 -1,327,703


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2023 GBP 100,611 11,142,102 2,413,240 3,168,705 1,000,000 1,433,800 -4,246,173 -1,812,373
31-Dec-2022 GBP 2,245 12,913,167 1,252,314 3,032,037 1,000,000 1,433,800 -5,314,805 -2,881,005
01-Jan-2022 GBP -1,877,690 1,000,000 1,433,800 -4,494,323 -2,060,523
31-Dec-2021 GBP 3,332 13,100,445 1,881,022 2,972,589 1,000,000 1,433,800 -4,494,323 -2,060,523
31-Dec-2020 GBP 3,732 7,350,000 1,867,544 2,914,017 1,000,000 1,433,800 -2,766,654 -332,854
31-Dec-2019 GBP 63,084 6,499,613 1,578,785 2,856,333 1,000,000 1,433,800 -2,197,477 236,323
31-Dec-2018 GBP 188,688 7,852,246 2,806,390 2,800,329 1,000,000 1,433,800 -1,507,239 926,561
31-Dec-2017 GBP 154,626 7,664,325 4,607,721 2,745,417 732,000 -1,507,440 -775,440
31-Dec-2016 GBP 77,319 3,067,734 4,910,868 2,691,585 732,000 732,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 26.80% 1,701,800 4,648,200 6,350,000 8,100,316
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Daryl Haydn DAVIES 20 Feb 2017 29 Mar 2024 1 - 0
Resigned Philip JONES 30 May 2003 23 Oct 2015 British 0 - 1
Resigned James SEARS 17 Jun 1998 30 May 2003 President Ceo American 1 - 1
Resigned Clive Malcolm BENNETT 17 Jun 1998 0 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Kent WICHELT 29 Sep 2000 Managing Director American 1 - 00 (0.0%)
Resigned Stephen Gavin SEARS 24 Mar 1998 01 Dec 2000 Manager Of Truck American 0 - 10 (0.0%)
Resigned Elizabeth Sears WARE 24 Mar 1998 01 Dec 2000 Accountant American 0 - 10 (0.0%)
Resigned Stephanie BOLDT 24 Mar 1998 01 Dec 2000 Teacher American 0 - 10 (0.0%)
Active James SEARS 22 Oct 1997 President Ceo American 1 - 10 (0.0%)
Resigned Ronald L ELLIOTT 20 Dec 1995 01 Sep 1999 Vp Of Offroad American 0 - 10 (0.0%)
Resigned Glenn W STEIGERWALT 20 Dec 1995 01 Sep 1999 Chief Financial Officer American 0 - 10 (0.0%)
Resigned Richard Dean EVANS 01 Jan 1994 01 Dec 2000 Accountant American 0 - 10 (0.0%)
Resigned Clive Malcolm BENNETT 06 Apr 1998 Accountant British 0 - 30 (0.0%)
Resigned Patricia Gavin SEARS 01 Dec 2000 Secretary American 0 - 10 (0.0%)
Resigned Isaac Weir SEARS 01 Dec 2000 Company President American 0 - 10 (0.0%)
Resigned Charles Arthur RUHL 01 Dec 2000 Real Estate American 0 - 10 (0.0%)
Resigned John Richard MANION 01 Dec 2000 American Chief Operations Officer American 0 - 10 (0.0%)
Resigned Louis John KOUTSKY 01 Sep 1999 Engineer American 0 - 10 (0.0%)
Resigned William Henry HULSEBUSCH 11 May 1998 Senior Vice President American 0 - 10 (0.0%)
Resigned Michael James HUGHES 29 Sep 2000 General Manager British 0 - 10 (0.0%)
Number of active directors: 2
Average tenure of active directors: 25.0 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SEARS MANUFACTURING CO. (EUROPE) LIMITED (01275439) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-02-152016-02-152015-02-152014-02-152013-02-15
SEARS MANUFACTURING CO.ORDINARY1,000,000
100%
0
0%
0
0%
0
0%
0
0%
SEARS MANUFACTURING COO.ORDINARY0
0%
732,000
100%
732,000
100%
732,000
100%
732,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SEARS MANUFACTURING CO. (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


No Court Cases found

PATENTS


No Patents found

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 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
SEARS MANUFACTURING CO. (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 0.7% 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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