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VACUUM FURNACE ENGINEERING LIMITED
UNIT 8, HAYES TRADING ESTATE, HINGLEY ROAD HALESOWEN, WEST MIDLANDS, B63 2RRCompany 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-2024Accounts 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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 7 | 2 (20.0%) | |
Active | Kaya Attila BUSCH | 04 Aug 2021 | Director | German | 1 - 0 | 0 (0.0%) | |
Active | Sami Sinan BUSCH | 04 Aug 2021 | Director | German | 1 - 0 | 0 (0.0%) | |
Resigned | Ayla Cevher BUSCH MUDERRIS | 04 Aug 2021 | 19 May 2022 | Director | German | 0 - 1 | 0 (0.0%) |
Resigned | Adam Kenneth LUMLEY | 01 Mar 2019 | 11 Aug 2023 | Director | British | 7 - 5 | 0 (0.0%) |
Resigned | David James BYRNE | 03 Nov 2017 | 19 May 2022 | Chief Executive Officer | Irish | 0 - 5 | 0 (0.0%) |
Resigned | Andrew David WALKER | 03 Nov 2017 | 01 Mar 2019 | Finance Director | British | 6 - 14 | 10 (50.0%) |
Resigned | John Anthony JEPSON | 01 Jun 2017 | 03 Nov 2017 | Sales Director | British | 2 - 1 | 0 (0.0%) |
Resigned | Jonathan Edward RHODES | 27 Oct 2016 | 24 Aug 2017 | Finance Director | British | 0 - 30 | 15 (50.0%) |
Resigned | George Elliott NICHOLSON | 09 Aug 2016 | 04 Aug 2021 | Investor | British | 30 - 14 | 5 (11.4%) |
Resigned | Stanislaus Eduard SCHMIDT-CHIARI | 09 Aug 2016 | 04 Aug 2021 | Investor | Austrian | 10 - 12 | 6 (27.3%) |
Resigned | Roy KISHOR | 12 Dec 2014 | 04 Aug 2021 | Director | British | 1 - 33 | 16 (47.1%) |
Resigned | Charles Liddell WHITE | 12 Dec 2014 | 11 Jul 2017 | Engineer | British | 2 - 22 | 12 (50.0%) |
Resigned | Keith POTTER | 22 Mar 2018 | Furnace Engineer | British | 0 - 2 | 0 (0.0%) | |
Resigned | Robert OAKLEY | 12 Dec 2014 | Engineer | British | 1 - 4 | 1 (20.0%) | |
Resigned | John NICHOLSON | 12 Dec 2014 | Mechanical Engineer | British | 0 - 2 | 0 (0.0%) | |
Resigned | Keith MASTERS | 04 Aug 2021 | Sales Director | British | 0 - 2 | 0 (0.0%) | |
Resigned | Terence CORLESS-SMITH | 25 Nov 1996 | Electrical Engineer | British | 0 - 2 | 0 (0.0%) |
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 | ||||
---|---|---|---|---|---|---|
2016-10-01 | 2015-10-01 | 2014-10-01 | 2013-10-01 | 2012-09-18 | ||
SEAFOX VFE 2 LIMITED | ORDINARY | 600 100% | 0 0% | 0 0% | 0 0% | 0 0% |
KEITH POTTER | ORDINARY | 0 0% | 150 25% | 150 25% | 150 25% | 150 25% |
ROBERT OAKLEY | ORDINARY | 0 0% | 150 25% | 150 25% | 150 25% | 150 25% |
JOHN NICHOLSON | ORDINARY | 0 0% | 150 25% | 150 25% | 150 25% | 150 25% |
KEITH MASTERS | ORDINARY | 0 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 |