GRIFFITH TEXTILE MACHINES LIMITED

9 WALTON ROAD DISTRICT 15, PATTINSON NORTH IND. EST., WASHINGTON, TYNE AND WEAR, NE38 8QA

Company Number: 01845474
Incorporation date: 04-Sep-1984
Status: Active
Entity type: Private Limited Company

SIC codes:
13931 Manufacture of woven or tufted carpets and rugs
72190 Other research and experimental development on natural sciences and engineering

SUMMARY

This company is 39.6 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 1.6 million which has increased from GBP 923.2 thousand 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 387.8 thousand in the last reported period. The company has 6 active officers (directors or partners) who are or were officers of 25 other companies, 6 (24.0%) 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2016	GBP	599,760	1,114,256	378,533	22,071	600,000	70,000	640,937	1,569,887
31-Dec-2015	GBP	371,829	788,698	267,386	36,021	600,000	70,000	253,160	923,160
31-Dec-2014	GBP	263,816	916,165	249,163	9,132	600,000	70,000	21,344	691,344
31-Dec-2013	GBP	195,705	817,915	235,032	13,074	600,000	70,000	-82,770	587,230
31-Dec-2012	GBP	120,132	635,256	166,958	26,015	600,000	70,000	-211,282	458,718
31-Dec-2011	GBP	157,058	802,370	366,083	38,966	600,000	70,000	-255,205	414,795
31-Dec-2010	GBP	78,145	861,479	964,319	55,905	600,000	70,000	-801,494	-131,494

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	All apointments (active/resigned)
Active	Elaine Ann EVANS	02 Aug 2010	18 Apr 2024	1 - 0
Resigned	Debra Ann ALMOND	01 Oct 2008	02 Aug 2010	1 - 2
Resigned	Douglas ARCHBOLD		30 Apr 2008	0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	David Andrew BOWDEN	07 Jun 2021		Managing Director	British	1 - 6	0 (0.0%)
Active	Nicholas David George COBURN	09 Mar 2017		Company Director	British	6 - 7	6 (46.2%)
Active	David Robert ACHESON	09 Mar 2017		Company Director	British	5 - 1	0 (0.0%)
Resigned	Carole Lisa WATSON	01 Mar 2013	16 Apr 2021	Company Director	British	0 - 1	0 (0.0%)
Resigned	David Albert TAYLOR	01 Mar 2013	05 Feb 2021	Finance Director	British	0 - 2	0 (0.0%)
Active	Christopher Urquhart CLARKE	31 Jan 2012		Director	British	1 - 1	1 (50.0%)
Active	Neil Stanley GRABHAM	02 Aug 2010		Company Director	English	2 - 0	0 (0.0%)
Active	Philip John TURNBULL	02 Aug 2010		Company Director	British	1 - 0	0 (0.0%)
Resigned	David John WATSON	02 Aug 2010	16 Apr 2021	Managing Director	British	0 - 3	0 (0.0%)
Resigned	Germain Gustave Henri Noel ARNOYS	05 Jun 2007	02 Aug 2010	Director	Belgian	0 - 3	2 (66.7%)
Resigned	Charles Lambert Marie Francois Gylain BEAUDUIN	05 Jun 2007	02 Aug 2010	Director	Belgian	0 - 4	2 (50.0%)
Resigned	Peter John GRIFFITHS	01 Dec 2005	05 Jun 2007	Technical Director	British	0 - 1	0 (0.0%)
Resigned	Sandra KEMP	01 Oct 1998	05 Jun 2007	Commercial Manager	British	0 - 1	0 (0.0%)
Resigned	Edward Brice WILSON	01 Oct 1998	02 Aug 2010	Company Director	British	6 - 9	3 (20.0%)
Resigned	David John WATSON	01 Oct 1998	05 Jun 2007	Factory Manager	British	0 - 3	0 (0.0%)
Resigned	John Dalton GRIFFITH		02 Aug 2010	Company Director	British	1 - 2	1 (33.3%)
Resigned	Gillian GRIFFITH		05 Jun 2007	Company Director	British	1 - 1	0 (0.0%)
Resigned	Walter O. WILSON		02 Aug 2010	Company Director	British	1 - 5	1 (16.7%)

Number of active directors: 6
Average tenure of active directors: 9.5 years
Average tenure of resigned directors: 5.3 years
Average active director Dissolution Rate: 16.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	David Andrew BOWDEN	Nicholas David George COBURN	David Robert ACHESON	Christopher Urquhart CLARKE	Neil Stanley GRABHAM	Philip John TURNBULL
PALINTEST LIMITED (01204118) - Active	✔
MOORE CONTROL AND ENGINEERING LIMITED (01657928) - Active	✔
DAN-FLOOR U.K. LIMITED (01726261) - Active		✔
GRIFFITH TEXTILE MACHINES LIMITED (01845474) - Active	✔	✔	✔	✔	✔	✔
OPSEC SECURITY LIMITED (01997954) - Active	✔
MCE GROUP LIMITED (02477325) - Active	✔
ROGER OATES DESIGN COMPANY LIMITED (03527610) - Active		✔
MCE VALVE SERVICES LTD (03540578) - Active	✔
MORGAN MOORE ENGINEERING LIMITED (03817246) - Active	✔
THE CARPET FOUNDATION (03833797) - Active		✔
ULSTER YARNS LIMITED (04071714) - Active		✔
THE ALTERNATIVE FLOORING COMPANY LIMITED (05211952) - Active			✔
NCC ENGINEERING LTD (06842250) - Dissolved				✔
SOLIDWOOL LIMITED (08568512) - Active			✔
ALTERNATIVE FLOORING HOLDINGS LIMITED (12157145) - Active			✔
HARMONIC EGG NEWCASTLE LTD (14208038) - Active					✔
ULSTER CARPET MILLS (HOLDINGS) LIMITED (FC021568) - Active		✔
ULSTER CARPET MILLS ENGINEERING (R&D) LIMITED (NI031272) - Active		✔
CLD TWO LIMITED (NI053605) - Dissolved		✔
CLD THREE LIMITED (NI053606) - Dissolved		✔
CLD FOUR LIMITED (NI053609) - Dissolved		✔
CLD SIX LIMITED (NI054753) - Dissolved		✔
CLD SEVEN LIMITED (NI054757) - Dissolved		✔
CLD FIVE LIMITED (NI054860) - Dissolved		✔
MOURNE WEAVERS LIMITED (NI621836) - Active			✔
UCM LOOMS LIMITED (SC558285) - Active			✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mr David John Watson - ceased
>75%:Ulster Carpet Mills - active

Controlling entities above

GRIFFITH TEXTILE MACHINES 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
Improvements in or relating to weaving looms	2016-11-03	Awaiting First Examination	GB2545324
Improvements in or relating to weaving looms	2015-12-09	Terminated	GB2545218
Yarn storage apparatus	2013-12-23	Granted	GB2521613
Yarn tension control mechanism	2006-10-19	Terminated	GB2442955
Gripper for Axminster loom with profiled pivot area	2005-06-28	Terminated	GB2428048
A method and apparatus for controlling yarn tension	2005-06-24	Terminated	GB2427621
Apparatus and method for weaving leno fabric	2005-05-20	Ceased	GB2426253
A Gripper Axminster Loom	2004-03-05	Ceased	GB2411663
Yarn selector mechanism	2004-02-12	Terminated	GB2410960
Axminster gripper loom	2003-05-30	Ceased	GB2389122
An oscillatory drive assembly	2003-02-18	Ceased	GB2398618
Yarn feed apparatus	2001-08-02	Ceased	GB2378189
Yarn feed apparatus	2001-08-02	Ceased	GB2402680
Adjustable yarn tensioning and clamping device	2001-07-28	Ceased	GB2378188
Creel	2000-04-10	Ceased	GB2361249
A yarn carrier	1998-08-19	Ceased	GB2340847
Gripper Axminster type loom	1996-06-14	Ceased	GB2314095
Gripper axminster loom	1995-02-14	Ceased	GB2286601
Gripper type loom	1992-03-18	Ceased	GB2265160

COMPETITORS

(Based on Sic code: 13931 Manufacture of woven or tufted carpets and rugs)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
MILLIKEN INDUSTRIALS LIMITED	BEECH HILL PLANT, GIDLOW LANE, WIGAN, LANCASHIRE, WN6 8RN	00172105	2018-12-02	132,919,000	5,779,000
BRINTONS CARPETS LIMITED	WYRE FOREST HOUSE, FINEPOINT WAY, KIDDERMINSTER, WORCESTERSHIRE, ENGLAND, DY11 7WF	07749331	2018-09-29	86,761,000	10,308,000
ULSTER CARPET MILLS (HOLDINGS) LIMITED	CASTLEISLAND FACTORY, PORTADOWN, CO ARMAGH, BT62 1EE	NI001207	2018-03-31	76,284,361	8,635,104
INTERFACE EUROPE LTD.	10TH FLOOR, THE COLMORE BUILDING 20 COLMORE CIRCUS, QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT	00309779	2017-12-31	72,588,000	2,583,000
G - TUFT LIMITED	THORNHILL ROAD BUSINESS PARK, TENTER FIELDS, DEWSBURY, WEST YORKSHIRE, WF12 9QT	07917706	2018-04-29	23,329,780	0	13939-Manufacture of other carpets and rugs
TOFFEENOSE LIMITED	1057, P.O.BOX 1057, P.O.BOX 1057, AYLESBURY, HP22 9PB	06295132	2018-12-26	13,250	0
ANDRE FIGUEIREDO RUGS LIMITED	3 BRACKENLEA, GODALMING, ENGLAND, GU7 2QR	09454295	2018-02-28	3,469	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
GRIFFITH TEXTILE MACHINES LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium