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TONG ENGINEERING LIMITED
TONG ENGINEERING LIMITED, VALE ROAD, SPILSBY, LINCOLNSHIRE, PE23 5HECompany Number: 01957036
Incorporation date: 11-Nov-1985
Status: Active
Entity type: Private Limited Company
SIC codes:
28302 Manufacture of agricultural and forestry machinery other than tractors
SUMMARY
This company is 38.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 7.5 million which has increased from GBP 7.3 million in the previous year. The latest reported revenue figure is GBP 17.6 million which is down -20% on the previous year. The company has 6 active officers (directors or partners) who are or were officers of 5 other companies. 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-Oct-2024Accounts Filed: FULL (31-Jan-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Jan-2023 | GBP | 17,648,408 | 374,909 | 493 | 116,844 | -96,533 | 355,091 |
31-Jan-2022 | GBP | 21,061,730 | 1,057,768 | 168 | 75,047 | 146,980 | 829,909 |
31-Jan-2021 | GBP | 19,295,772 | 1,205,475 | 5,999 | 101,443 | 225,159 | 844,872 |
31-Jan-2020 | GBP | 18,329,687 | 969,281 | 3,511 | 50,867 | 98,385 | 811,540 |
31-Jan-2019 | GBP | 14,390,008 | 759,971 | 1,644 | 38,698 | 29,661 | 599,256 |
31-Jan-2018 | GBP | 13,861,624 | 593,279 | 120 | 42,254 | 25,105 | 503,040 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Jan-2023 | GBP | 404,283 | 7,459,128 | 5,069,756 | 1,997,688 | 157,500 | 7,215,856 | 7,518,356 | |
31-Jan-2022 | GBP | 659,259 | 6,980,991 | 4,130,076 | 1,790,594 | 157,500 | 6,948,443 | 7,250,943 | |
31-Jan-2021 | GBP | 2,779,449 | 7,583,870 | 2,979,539 | 1,993,042 | 157,500 | 5,952,058 | 6,254,558 | |
31-Jan-2020 | GBP | 1,824,671 | 7,143,542 | 3,833,047 | 1,635,338 | 157,500 | 145,000 | 4,922,325 | 5,630,088 |
31-Jan-2019 | GBP | 1,418,227 | 6,635,325 | 3,074,836 | -434,408 | 157,500 | 145,000 | 4,189,631 | 4,897,394 |
31-Jan-2018 | GBP | 613,515 | 4,775,815 | 1,814,387 | 96,312 | 157,500 | 145,000 | 3,500,991 | 4,208,754 |
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) |
---|---|---|---|---|---|---|
Active | Teresa Catherine MORGAN | 28 Apr 2015 | 18 Apr 2024 | 1 - 0 | ||
Resigned | Douglas Hugh MCARTHUR | 15 May 2002 | 28 Apr 2015 | British | 0 - 4 | |
Resigned | Joan TONG | 05 Feb 2019 | British | 0 - 4 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Simon James LEE | 27 Sep 2021 | Sales Director | British | 1 - 0 | 0 (0.0%) | |
Active | Charles Madoc RICH | 27 Sep 2021 | Sales Director | British | 1 - 0 | 0 (0.0%) | |
Active | Neil MARTIN | 02 Jan 2020 | Operations Director | British | 1 - 0 | 0 (0.0%) | |
Active | Teresa Catherine MORGAN | 02 Jan 2020 | Finance Director | British | 4 - 0 | 0 (0.0%) | |
Active | Charles Edmund TONG | 28 Apr 2015 | Chairman | British | 3 - 1 | 0 (0.0%) | |
Active | Edward Charles TONG | 28 Apr 2015 | Managing Director | British | 1 - 1 | 0 (0.0%) | |
Resigned | Edward Charles TONG | 07 Sep 2010 | 28 Apr 2015 | Director | British | 1 - 1 | 0 (0.0%) |
Resigned | Douglas Hugh MCARTHUR | 02 Feb 2006 | 28 Apr 2015 | Accountant | British | 0 - 4 | 0 (0.0%) |
Resigned | Charles Edmund TONG | 28 Apr 2015 | Engineer | British | 3 - 1 | 0 (0.0%) | |
Resigned | Joan TONG | 05 Feb 2019 | Secretary | British | 0 - 4 | 0 (0.0%) | |
Resigned | Kenneth TONG | 28 Jun 2012 | Engineer | British | 0 - 2 | 0 (0.0%) |
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||||
---|---|---|---|---|---|---|---|
E.J.TONG & SONS(ENGINEERING)LIMITED (00791916) - Active | ✔ | ||||||
PEAL ENGINEERING LIMITED (01554356) - Active | ✔ | ||||||
TONG ENGINEERING LIMITED (01957036) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | |
TERRY JOHNSON LIMITED (02062273) - Active | ✔ | ||||||
SWIFT LIFT SALES LIMITED (02887477) - Active | ✔ | ||||||
TONG ENGINEERING GROUP LIMITED (15007251) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2018-06-01 | 2016-06-01 | 2015-06-01 | 2014-06-01 | 2013-06-01 | ||
CHARLES EDMUND TONG | ORDINARY | 70,000 44.4% | 95,000 60.3% | 95,000 60.3% | 95,000 60.3% | 95,000 60.3% |
CHARLES EDMUND TONG | ORDINARY A | 50,000 31.7% | 50,000 31.7% | 50,000 31.7% | 50,000 31.7% | 50,000 31.7% |
EDWARD CHARLES TONG | ORDINARY | 20,000 12.7% | 0 0% | 0 0% | 0 0% | 0 0% |
IAN WHEELER | ORDINARY | 12,500 7.94% | 12,500 7.94% | 12,500 7.94% | 12,500 7.94% | 12,500 7.94% |
ALICE VICTORIA TONG | ORDINARY | 5,000 3.17% | 0 0% | 0 0% | 0 0% | 0 0% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
TONG ENGINEERING LIMITED
Controlled companies below
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
COMPETITORS
(Based on Sic code:
28302 Manufacture of agricultural and forestry machinery other than tractors)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
HUSQVARNA UK LIMITED | PRESTON ROAD, AYCLIFFE INDUSTRIAL PARK, NEWTON AYCLIFFE, COUNTY DURHAM, DL5 6UP | 00974979 | 2017-12-31 | 206,497,000 | 3,959,000 |
46690-Wholesale of other machinery and equipment |
PRJ ENGINEERING LIMITED | NEWTON FARM, LEWANNICK, LAUNCESTON, CORNWALL, PL15 7QH | 04636428 | 2018-03-31 | 1,053,539 | 0 | |
WACAPOL MILLS LTD | 7400 DARESBURY PARK, DARESBURY, WARRINGTON, CHESHIRE, WA4 4BS | 07654875 | 2018-03-31 | 315,632 | 0 | |
SPRAYTECH EUROPE LIMITED | 3 JASMINE HOUSE WOBURN PARK, WOBURN HILL, ADDLESTONE, SURREY, KT15 2NZ | 05251919 | 2018-12-31 | 38,520 | 0 | |
APPLIED PROTECTION GUARDS LIMITED | SUITE 32 CAMBRIDGE ROAD, BABRAHAM, CAMBRIDGE, ENGLAND, CB22 3AF | 09259226 | 2018-10-31 | 6,222 | 0 | |
SPRAYCARE LIMITED | SPRAYCARE LIMITED, ROUGHTON MOOR, WOODHALL SPA, LINCOLNSHIRE, ENGLAND, LN10 6YQ | 05642957 | 2018-12-31 | 0 | 0 | |
HOUSEHAM SPRAYERS LIMITED | HOUSEHAM SPRAYERS LIMITED, ROUGHTON MOOR, WOODHALL SPA, LINCOLNSHIRE, ENGLAND, LN10 6YQ | 02651880 | 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 |
---|---|---|---|---|
TONG 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% | 2.2% | 6.7% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |