CHEMRING TECHNOLOGY SOLUTIONS LIMITED

ROKE MANOR, OLD SALISBURY LANE, ROMSEY, HAMPSHIRE, SO51 0ZN

Previous name: CHEMRING EOD LIMITED (changed on 02-Nov-2015)
Previous name: RICHMOND EEI LIMITED (changed on 03-Nov-2008)

Company Number: 01528540
Incorporation date: 17-Nov-1980
Status: Active
Entity type: Private Limited Company

SIC codes:
84220 Defence activities





SUMMARY

This company is 43.4 years old and is currently active. It is controlled by Chemring Energetics Limited. The company has negative equity (net assets) of GBP -5.1 million which has worsened since the previous year's figure of GBP -2.2 million. The latest reported revenue figure is GBP 3.1 million which is down -70% 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 -17.1 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 4 active officers (directors or partners) who are or were officers of 69 other companies, 14 (20.3%) 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: 31-Jul-2024
Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (31-Oct-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Oct-2019 GBP 3,110,000 -694,000 139,000 -2,885,000
31-Oct-2018 GBP 10,011,000 -12,287,000 275,000 -12,566,000
31-Oct-2017 GBP 22,756,000 1,820,000 476,000 20,000 1,364,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Oct-2019 GBP 1,847,000 7,223,000 12,010,000 -17,140,000 -5,130,000
31-Oct-2018 GBP 109,000 7,611,000 8,747,000 3,500,000 12,010,000 -14,255,000 -2,245,000
31-Oct-2017 GBP 4,114,000 12,940,000 2,975,000 12,705,000 12,010,000 -1,689,000 10,321,000

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 Sarah Louise ELLARD 02 Nov 2007 28 Mar 2024 19 - 83
Resigned Sarah Margaret Hearne GILBERT 09 Nov 1999 02 Nov 2007 1 - 11
Resigned Sarah Margaret Hearne GILBERT 01 Jan 1998 1 - 11

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active James Stephen Mccready MORTENSEN 01 Jan 2024 Company Director British 12 - 01 (8.3%)
Active Andrew Peter DAVIES 07 May 2020 Company Director British 2 - 61 (12.5%)
Resigned Brian HIGHET 01 Jul 2019 07 May 2020 Company Director British 1 - 10 (0.0%)
Resigned Stuart James Spence CAMERON 30 Apr 2019 30 Jun 2019 Managing Director British 0 - 30 (0.0%)
Active Michael ORD 01 Jul 2018 Company Director British 13 - 154 (14.3%)
Resigned Paul John DAVIDSON 01 Nov 2017 30 Apr 2019 Company Director British 0 - 10 (0.0%)
Resigned Andrew Gregory LEWIS 19 Jan 2017 31 Dec 2023 Company Director British 1 - 6015 (24.6%)
Resigned David Alexander MCDONALD 01 Nov 2016 30 Apr 2019 Company Director British 0 - 63 (50.0%)
Resigned Ian Charles COOPER 26 Jun 2015 01 Nov 2017 Company Director British 1 - 10 (0.0%)
Resigned Ian Charles COOPER 26 Jun 2015 01 Nov 2017 Company Director British 5 - 11 (16.7%)
Active Sarah Louise ELLARD 24 Jul 2014 Group Legal Director British 19 - 8325 (24.5%)
Resigned Michael James FLOWERS 24 Jul 2014 30 Jun 2018 Company Director Australian 0 - 4710 (21.3%)
Resigned Richard Anthony DELLAR 01 Jul 2014 19 Sep 2014 Managing Director British 0 - 81 (12.5%)
Resigned Steven John BOWERS 26 Feb 2013 30 Sep 2016 Group Finance Director British 0 - 10854 (50.0%)
Resigned Mark Harry PAPWORTH 05 Nov 2012 24 Jul 2014 Chief Executive British 3 - 5813 (21.3%)
Resigned Michael Edward LUEDICKE 13 Sep 2012 31 Oct 2016 Managing Director British 0 - 54 (80.0%)
Resigned David Alexander MCDONALD 09 May 2012 13 Sep 2012 Interim Managing Director British 0 - 63 (50.0%)
Resigned Stephen Edward GRINHAM 09 May 2012 09 Mar 2015 Company Director British 0 - 42 (50.0%)
Resigned Robert Seamus HILL 18 Jun 2010 01 May 2012 Managing Director British 0 - 167 (43.8%)
Resigned Andrew TRISTRAM 24 Nov 2008 01 Sep 2010 General Manager British 0 - 41 (25.0%)
Resigned Jonathan Lionel Austin EAREY 01 Aug 2008 27 May 2010 Managing Director British 0 - 43 (75.0%)
Resigned David John PRICE 02 Nov 2007 26 Oct 2012 Chief Executive British 3 - 6512 (17.6%)
Resigned Michael John HELME 02 Nov 2007 14 Sep 2012 Professional Engineer British 0 - 2313 (56.5%)
Resigned Paul Adrian RAYNER 02 Nov 2007 31 Jul 2012 Finance Director British 50 - 15056 (28.0%)
Resigned Sarah Margaret Hearne GILBERT 01 Oct 2005 02 Nov 2007 Director British 1 - 117 (58.3%)
Resigned Robert Jackson GILBERT 02 Nov 2007 Director British 3 - 85 (45.5%)
Resigned Sarah Margaret Hearne GILBERT 01 Jan 1998 Director/Company Secretary British 1 - 117 (58.3%)
Number of active directors: 4
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 14.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CHEMRING GROUP PLC (00086662) - Active
TT ELECTRONICS PLC (00087249) - Active
CHEMRING COUNTERMEASURES LIMITED (00218229) - Active
ROKE MANOR RESEARCH LIMITED (00267550) - Active
CHEMRING LIMITED (00369716) - Active
PW DEFENCE LTD (00464142) - Active
HALEY AND WELLER LIMITED (00542650) - Active
PARKWAY NO 3 LIMITED (00560827) - Active
KEMBREY ENGINEERING LIMITED (00617753) - Active
LEAFIELD ENGINEERING LIMITED (00634776) - Active
KEMBREY CORPORATE TRUSTEE LIMITED (00658852) - Active
SARCLAD ROLLTEX LIMITED (00724574) - Active
CHEMRING EUROPE LIMITED (00746603) - Active - Proposal to Strike off
KEMBREY INDUSTRIES LIMITED (00825016) - Active
KARMA INDUSTRIES NO. 2 LIMITED (00962893) - Active
B.D.L. SYSTEMS LIMITED (01017495) - Active - Proposal to Strike off
OXFORD INSTRUMENTS INDUSTRIAL PRODUCTS LIMITED (01044063) - Active
CHG DESIGN LIMITED (01372655) - Active
CHEMRING TECHNOLOGY SOLUTIONS LIMITED (01528540) - Active
KARMA INDUSTRIES NO. 1 LIMITED (01529162) - Active
KEMBREY LIMITED (01713322) - Active
COATED ELECTRODES U.K. LIMITED (01713323) - Active
NOBEL ENERGETICS LIMITED (01729522) - Active
KEMBREY GROUP LIMITED (01779711) - Active
RICHMOND ELECTRONICS & ENGINEERING LIMITED (01865828) - Active - Proposal to Strike off
CELCO INDUSTRIES (USA) LIMITED (01946926) - Active
PARKWAY NO 8 LIMITED (01975276) - Active
SCHERMULY LIMITED (01975531) - Active
KEMBREY TECHNOLOGIES LIMITED (02070718) - Active
BAE SYSTEMS SURFACE SHIPS INTEGRATED SUPPORT LIMITED (02132891) - Active
KEMBREY ELECTRONICS LIMITED (02244623) - Active
RIPAULT DRIVEX LIMITED (02459539) - Active
RICHMOND EEI LIMITED (02547810) - Active - Proposal to Strike off
PROTOX ENVIRONMENTAL SYSTEMS LIMITED (02622013) - Active
CHEMRING HOLDINGS LIMITED (02731691) - Active
PARKWAY NO 7 LIMITED (02731693) - Active
PARKWAY NO 9 LIMITED (02731699) - Active
WESCOM SIGNAL AND RESCUE UK LIMITED (02937952) - Active
CHEMRING PRIME CONTRACTS LIMITED (02983472) - Active
PW DEFENCE LIMITED (03086504) - Active
OXFORD INSTRUMENTS PENSION TRUSTEE LIMITED (03180361) - Active
BAE SYSTEMS SURFACE SHIPS SUPPORT LIMITED (03246760) - Active
BAE SYSTEMS INTEGRATED SYSTEM TECHNOLOGIES (OVERSEAS) LIMITED (03654110) - Active
CHEMRING INVESTMENTS LIMITED (03978101) - Active - Proposal to Strike off
OXFORD DIFFRACTION LIMITED (04020656) - Dissolved
OXFORD INSTRUMENTS INDUSTRIAL PRODUCTS HOLDINGS LIMITED (04068014) - Active
BAE SYSTEMS SURFACE SHIPS MARITIME LIMITED (04164801) - Active
BAE SYSTEMS SURFACE SHIPS PROPERTY SERVICES LIMITED (04295809) - Liquidation
BAE SYSTEMS SURFACE SHIPS PORTSMOUTH LIMITED (04298873) - Liquidation
BAE SYSTEMS SURFACE SHIPS INTERMEDIATE HOLDINGS LIMITED (04373908) - Liquidation
BAE SYSTEMS SURFACE SHIPS INTERNATIONAL LIMITED (04380304) - Active
GREYS EXPORTS LIMITED (05543511) - Active - Proposal to Strike off
CHG OVERSEAS INVESTMENTS LIMITED (05748708) - Active - Proposal to Strike off
CHEMRING ENERGETICS LIMITED (05774401) - Active - Proposal to Strike off
BAE SYSTEMS SURFACE SHIPS (HOLDINGS) LIMITED (06135651) - Active
BAE SYSTEMS SURFACE SHIPS (PROJECTS) LIMITED (06145816) - Active
BAE SYSTEMS SURFACE SHIPS LIMITED (06160534) - Active
CHEMRING NORTH AMERICA UNLIMITED (06545352) - Active
BAE SYSTEMS SURFACE SHIPS (OVERSEAS) LIMITED (06930355) - Active
CHEMRING INTERNATIONAL LIMITED (07176971) - Active
CHEMRING FINANCE EUROPE LIMITED (07235135) - Active - Proposal to Strike off
CHEMRING FINANCE EUROPE INVESTMENTS LIMITED (07258630) - Active
EDUCATION AND TRAINING FOUNDATION (08540597) - Active
PARKWAY NO 10 LIMITED (08602985) - Active - Proposal to Strike off
CUBICA TECHNOLOGY LTD (08817599) - Active - Proposal to Strike off
CHEMRING UAE LIMITED (10058292) - Active
Q6 HOLDINGS LTD (10499038) - Active
VIGIL AI LTD (10576697) - Active
GEOLLECT LIMITED (10584604) - Active
CHEMRING ENERGETICS UK LIMITED (SC237472) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-12-312014-12-312013-12-312012-12-312011-12-31
CHEMRING ENERGETICS LIMITEDORDINARY SHARES OF ?112,010,000
100%
12,010,000
100%
12,010,000
100%
12,010,000
100%
0
0%
RICHMOND ELECTRONICS & ENGINEERING LIMITEDORDINARY SHARES OF ?10
0%
0
0%
0
0%
0
0%
10,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CHEMRING TECHNOLOGY SOLUTIONS 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


Title Date filed Status Publication number
Cellular device policy conflict management 2016-02-01 Pending GB2536555
Cellular device policy conflict management 2015-02-02 Awaiting First Examination GB2534872
Control of WLAN connection using an authentication process 2013-10-11 Granted GB2507653
Detecting buried objects by detecting changes in the quality factor of a resonant circuit 2012-01-12 Granted GB2498375
Power manager and method 2010-02-03 Granted GB2475110

COMPETITORS

(Based on Sic code: 84220 Defence activities)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BAE SYSTEMS (OMAN) LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 03135337 2017-12-31 1,056,962,000 64,519,000
GENERAL DYNAMICS UNITED KINGDOM LIMITED 21 HOLBORN VIADUCT, LONDON, EC1A 2DY 01911653 2017-12-31 680,242,000 82,836,000
RAYTHEON SYSTEMS LIMITED KAO ONE, KAO PARK, HARLOW, ESSEX, ENGLAND, CM17 9NA 00406809 2017-12-31 461,455,000 39,945,000
BABCOCK DSG LTD 33 WIGMORE STREET, LONDON, W1U 1QX 09329025 2018-03-31 371,986,000 4,605,000
BOEING DEFENCE UK LIMITED 25 VICTORIA STREET, LONDON, SW1H 0EX 01290439 2017-12-31 306,674,000 3,491,000
BABCOCK LAND LIMITED 33 WIGMORE STREET, LONDON, W1U 1QX 03493110 2018-03-31 258,272,000 16,190,000
BABCOCK MARINE (CLYDE) LIMITED ROSYTH BUSINESS PARK, ROSYTH, DUNFERMLINE, FIFE, KY11 2YD SC220243 2018-03-31 155,298,000 12,078,000
BAE SYSTEMS (MILITARY AIR) OVERSEAS LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 02564455 2017-12-31 111,081,000 36,115,000
HOLDFAST TRAINING SERVICES LIMITED BUILDING 29, HQ RSME BROMPTON BARRACKS, CHATHAM, KENT, ENGLAND, ENGLAND, ME4 4UG 04094249 2018-03-31 105,054,000 19,963,000
ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED C/O BABCOCK INTERNATIONAL GROUP PLC, 33 WIGMORE STREET, LONDON, W1U 1QX 06522636 2018-03-31 91,902,000 3,667,000
ATLAS ELEKTRONIK UK LIMITED DORSET INNOVATION PARK, WINFRITH NEWBURGH, DORCHESTER, DT2 8ZB 05582639 2017-09-30 37,394,000 2,571,000
CIVIL DEFENCE SUPPLY LIMITED UNITS B5 & B6 PAVING WAY OFF WHISBY ROAD, NORTH HYKEHAM, LINCOLN, LINCOLNSHIRE, ENGLAND, LN6 3QW 03542902 2017-12-31 1,488,322 0
PENTIUS LTD THE WALLED GARDEN, 93, THE HIGH STREET, SHARNBROOK, BEDFORDSHIRE, UNITED KINGDOM, MK44 1PE 09957157 2019-01-31 179,041 0
TONEKEY SYSTEMS LTD 88 ABBEY ROAD, WESTBURY ON TRYM, BRISTOL, BS9 3QX 06617159 2018-06-30 97,684 0
MOUNTJOY GODLY AND GRAY LIMITED 43 WHITECROSS ROAD, WESTON SUPER MARE, SOMERSET, BS23 1EN 06557450 2018-04-30 76,253 0
ENCOURAGEMENT LIMITED 153 HIGH ROAD, LAYER-DE-LA-HAYE, COLCHESTER, ENGLAND, CO2 0EB 09851926 2018-11-30 9,800 0
AWE MANAGEMENT LIMITED SERCO HOUSE, 16 BARTLEY WAY, HOOK, ENGLAND, RG27 9UY 03664571 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
CHEMRING TECHNOLOGY SOLUTIONS LIMITED 0.7% 3.6% 7.4% 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 0.4% 1.3% 3.0% Medium
Accounting Month 0.6% 4.4% 12.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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