VACUUM FURNACE ENGINEERING LIMITED

UNIT 8, HAYES TRADING ESTATE, HINGLEY ROAD HALESOWEN, WEST MIDLANDS, B63 2RR

Company Number: 01920664
Incorporation date: 10-Jun-1985
Status: Active
Entity type: Private Limited Company

SIC codes:
28210 Manufacture of ovens, furnaces and furnace burners





SUMMARY

This company is 38.8 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 402.5 thousand which has decreased from the previous year's figure of GBP 1.8 million. The latest reported revenue figure is GBP 8.9 million which is down -50% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 8 other companies, 1 (12.5%) 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-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-2020 GBP 8,888,488 -1,495,423 193 230,608 -298,460 -1,427,378
31-Dec-2019 GBP 16,169,263 671,149 12,644 99,553 -224,893 809,133
31-Dec-2018 GBP 14,424,330 222,063 51 72,027 -23,343 173,430
31-Dec-2017 GBP 45,787,085 -328,839 -45,157 55,409 -318,587


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2020 GBP 854,964 11,359,194 11,148,298 1,052,618 600 401,727 402,477
31-Dec-2019 GBP 1,200,440 13,783,467 12,090,452 1,319,473 600 150 1,829,105 1,829,855
31-Dec-2018 GBP 914,091 10,593,631 9,585,925 1,486,500 600 150 1,019,972 1,020,722
31-Dec-2017 GBP 1,511,147 8,228,070 -6,244,120 -1,531,500 600 150 846,542 847,292

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)
Resigned Andrew David WALKER 03 Nov 2017 01 Mar 2019 0 - 1
Resigned John NICHOLSON 25 Nov 1996 12 Dec 2014 0 - 2
Resigned Terence CORLESS-SMITH 25 Nov 1996 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Timothy Martin HULBERT 04 Aug 2021 Director British 3 - 72 (20.0%)
Active Kaya Attila BUSCH 04 Aug 2021 Director German 1 - 00 (0.0%)
Active Sami Sinan BUSCH 04 Aug 2021 Director German 1 - 00 (0.0%)
Resigned Ayla Cevher BUSCH MUDERRIS 04 Aug 2021 19 May 2022 Director German 0 - 10 (0.0%)
Resigned Adam Kenneth LUMLEY 01 Mar 2019 11 Aug 2023 Director British 7 - 50 (0.0%)
Resigned David James BYRNE 03 Nov 2017 19 May 2022 Chief Executive Officer Irish 0 - 50 (0.0%)
Resigned Andrew David WALKER 03 Nov 2017 01 Mar 2019 Finance Director British 6 - 1410 (50.0%)
Resigned John Anthony JEPSON 01 Jun 2017 03 Nov 2017 Sales Director British 2 - 10 (0.0%)
Resigned Jonathan Edward RHODES 27 Oct 2016 24 Aug 2017 Finance Director British 0 - 3015 (50.0%)
Resigned George Elliott NICHOLSON 09 Aug 2016 04 Aug 2021 Investor British 30 - 145 (11.4%)
Resigned Stanislaus Eduard SCHMIDT-CHIARI 09 Aug 2016 04 Aug 2021 Investor Austrian 10 - 126 (27.3%)
Resigned Roy KISHOR 12 Dec 2014 04 Aug 2021 Director British 1 - 3316 (47.1%)
Resigned Charles Liddell WHITE 12 Dec 2014 11 Jul 2017 Engineer British 2 - 2212 (50.0%)
Resigned Keith POTTER 22 Mar 2018 Furnace Engineer British 0 - 20 (0.0%)
Resigned Robert OAKLEY 12 Dec 2014 Engineer British 1 - 41 (20.0%)
Resigned John NICHOLSON 12 Dec 2014 Mechanical Engineer British 0 - 20 (0.0%)
Resigned Keith MASTERS 04 Aug 2021 Sales Director British 0 - 20 (0.0%)
Resigned Terence CORLESS-SMITH 25 Nov 1996 Electrical Engineer British 0 - 20 (0.0%)
Number of active directors: 3
Average tenure of active directors: 2.7 years
Average tenure of resigned directors: 2.1 years
Average active director Dissolution Rate: 6.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BRITISH COMPRESSED GASES ASSOCIATION (00071798) - Active
AIR PRODUCTS PUBLIC LIMITED COMPANY (00103881) - Active
CRYOSERVICE LIMITED (00976552) - Active
BUSCH (UK) LIMITED (01007314) - Active
VACUUM FURNACE ENGINEERING LIMITED (01920664) - Active
AIR PRODUCTS GROUP LIMITED (03101747) - Active
AIR PRODUCTS (CHEMICALS) TEESSIDE LIMITED (03464489) - Active
PROTEXEON LIMITED (04025849) - Dissolved
EUROGAS CALIBRATION SERVICES LIMITED (06655178) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-10-012015-10-012014-10-012013-10-012012-09-18
SEAFOX VFE 2 LIMITEDORDINARY600
100%
0
0%
0
0%
0
0%
0
0%
KEITH POTTERORDINARY0
0%
150
25%
150
25%
150
25%
150
25%
ROBERT OAKLEYORDINARY0
0%
150
25%
150
25%
150
25%
150
25%
JOHN NICHOLSONORDINARY0
0%
150
25%
150
25%
150
25%
150
25%
KEITH MASTERSORDINARY0
0%
150
25%
150
25%
150
25%
150
25%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

VACUUM FURNACE ENGINEERING 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: 28210 Manufacture of ovens, furnaces and furnace burners)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
AGA RANGEMASTER LIMITED C/O AGA RANGEMASTER, MEADOW LANE, LONG EATON, NOTTINGHAM, UNITED KINGDOM, NG10 2GD 03872754 2017-12-30 138,942,000 9,492,000 47540-Retail sale of electrical household appliances in specialised stores
47789-Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
MINIMELT GLASS LTD STOWFORD MANOR FARM, WINGFIELD, TROWBRIDGE, WILTSHIRE, BA14 9LH 08123849 2018-06-30 24,828 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
VACUUM FURNACE ENGINEERING 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 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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