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VEETEE RICE LIMITED
VEETEE HOUSE, NEPTUNE CLOSE, MEDWAY CITY ESTATE, ROCHESTER KENT, ME2 4LTCompany Number: 02009019
Incorporation date: 10-Apr-1986
Status: Active
Entity type: Private Limited Company
SIC codes:
10611 Grain milling
SUMMARY
This company is 38.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 26.6 million which has increased from GBP 25 million in the previous year. The latest reported revenue figure is GBP 82.8 million which is up 10% on previous year's figure of GBP 73.4 million. The company has 4 active officers (directors or partners) who are or were officers of 7 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: 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-2019 | GBP | 82,813,891 | 3,273,656 | 936,697 | 430,051 | 1,906,908 | |
31-Dec-2018 | GBP | 73,366,366 | 2,138,616 | 631,502 | 408,781 | 1,098,333 | |
31-Dec-2017 | GBP | 66,800,456 | 2,851,371 | 634,007 | 471,421 | 1,745,943 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 379,603 | 43,210,912 | 26,224,538 | 5,000,000 | 21,614,940 | 26,614,940 | ||
31-Dec-2018 | GBP | 429,874 | 52,505,460 | 37,953,530 | 5,000,000 | 19,977,842 | 24,977,842 | ||
31-Dec-2017 | GBP | 143,317 | 55,336,801 | 39,819,463 | 5,000,000 | 18,772,429 | 23,772,429 |
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 | Ashish, Mr. SURVE | 26 Apr 2022 | 06 Jul 2022 | 0 - 1 | ||
Resigned | Shashi Prakash SURANA | 01 Jun 2007 | 26 Apr 2022 | British | 0 - 13 | |
Resigned | Davinder Kumar NARANG | 15 Apr 2005 | 01 Jun 2007 | Indian | 0 - 12 | |
Resigned | Ashish SURVE | 08 Aug 2003 | 15 Apr 2005 | 0 - 4 | ||
Resigned | Krishan ATTAWAR | 14 May 1997 | 08 Aug 2003 | British | 0 - 8 | |
Resigned | Dinesh PATEL | 23 Apr 1993 | 31 Mar 1997 | British | 0 - 8 | |
Resigned | Dharamvir Singh MATA | 23 Apr 1993 | British | 0 - 4 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Ashish Madhukar SURVE | 26 Apr 2022 | Group Finance Director | British | 2 - 0 | 0 (0.0%) | |
Active | Shubha Devi VARMA | 05 Dec 2019 | Business Executive | British | 2 - 0 | 0 (0.0%) | |
Resigned | Vikas MAGOON | 12 Apr 2018 | 05 Dec 2019 | Company Executive | British | 0 - 2 | 0 (0.0%) |
Resigned | Shashi Prakash SURANA | 12 Apr 2018 | 26 Apr 2022 | Company Executive | British | 0 - 13 | 0 (0.0%) |
Resigned | Isam Majid Abdullatif AL-MUHAIDEB | 31 Dec 2013 | 08 Oct 2015 | Company Director | United Arab Emirates | 0 - 1 | 0 (0.0%) |
Active | Rajiv VARMA | 17 Apr 2013 | Company Director | British | 3 - 0 | 0 (0.0%) | |
Resigned | Michael David MORGAN | 01 Oct 1998 | 15 Nov 1999 | Company Director | British | 0 - 5 | 2 (40.0%) |
Resigned | Essam AL MUHAIDIB | 15 Mar 1996 | 08 Oct 2015 | Director | Saudi Arabian | 0 - 1 | 0 (0.0%) |
Resigned | Talikulam MAHOMMAD | 05 May 1993 | 15 Mar 1996 | Manager | Indian | 0 - 1 | 0 (0.0%) |
Active | Manmohan Chander VARMA | Company Director | British | 5 - 1 | 1 (16.7%) |
Average tenure of active directors: 4.3 years
Average tenure of resigned directors: 5.2 years
Average active director Dissolution Rate: 4.2%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||
---|---|---|---|---|---|
INGLEMAY LIMITED (01549886) - Active | ✔ | ||||
VEETEE RICE LIMITED (02009019) - Active | ✔ | ✔ | ✔ | ✔ | |
VALMORE PAINTS (U.K.) LIMITED (02765528) - Active - Proposal to Strike off | ✔ | ||||
LOCATE IN KENT LIMITED (03230721) - Active | ✔ | ||||
TOWNGATE PROPERTIES LIMITED (04729600) - Active | ✔ | ✔ | |||
VEETEE FOODS LIMITED (05569652) - Active | ✔ | ✔ | |||
TWENTY GROSVENOR SQUARE MANAGEMENT COMPANY LIMITED (09463638) - Active | ✔ | ||||
SURVE INVESTMENTS LTD (13563927) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-08-23 | 2014-08-23 | 2013-08-23 | 2012-08-23 | 2011-08-23 | ||
VEETEE INVESTMENTS CORPORATION | ORDINARY | 4,999,999 100.0% | 4,999,999 100.0% | 4,999,999 100.0% | 4,999,999 100.0% | 4,999,999 100.0% |
M.C. VARMA | ORDINARY | 1 0.000% | 1 0.000% | 1 0.000% | 1 0.000% | 1 0.000% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
VEETEE RICE 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:
10611 Grain milling)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
PREMIER FOODS GROUP LIMITED | PREMIER HOUSE, CENTRIUM BUSINESS PARK, GRIFFITHS WAY, ST. ALBANS, HERTFORDSHIRE, AL1 2RE | 00281728 | 2018-03-31 | 779,500,000 | -42,300,000 |
10710-Manufacture of bread; manufacture of fresh pastry goods and cakes 10730-Manufacture of macaroni, noodles, couscous and similar farinaceous products 10890-Manufacture of other food products not elsewhere classified |
WHITWORTH BROS.LIMITED | VICTORIA MILLS, WELLINGBOROUGH, NORTHAMPTON, NN8 2DT | 00465899 | 2018-03-31 | 238,729,000 | 6,457,000 | |
RANK HOVIS MILLING LIMITED | THE LORD RANK CENTRE, LINCOLN ROAD, HIGH WYCOMBE, BUCKINGHAMSHIRE, UNITED KINGDOM, HP12 3QS | 09352305 | 2017-12-31 | 213,380,000 | -8,002,000 | |
ADM MILLING LIMITED | CHURCH MANORWAY, ERITH, KENT, UNITED KINGDOM, DA8 1DL | 02445197 | 2017-12-31 | 194,627,265 | -2,051,321 | |
MORNING FOODS,LIMITED | NORTH WESTERN MILLS, GRESTY ROAD, CREWE, CHESHIRE, CW2 6HP | 00375854 | 2017-07-31 | 140,114,976 | 3,075,042 | |
HEYGATES LIMITED | BUGBROOKE MILLS, BUGBROOKE, NORTHAMPTON, NN7 3QH | 00603238 | 2018-03-31 | 134,851,990 | -1,806,938 | |
S&B HERBA FOODS LIMITED | CENTRAL COURT 2ND FLOOR, NORTH BLOCK, 1B KNOLL RISE, ORPINGTON, KENT, BR6 0JA | 00156737 | 2017-12-31 | 90,293,000 | 3,169,000 | |
CARR'S FLOUR MILLS LIMITED | VICTORIA MILLS, LONDON ROAD, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 2DT | 00480341 | 2018-03-31 | 81,666,000 | 1,776,000 | |
RICHARDSON MILLING (UK) LIMITED | MILE ROAD, BEDFORD, BEDFORDSHIRE, MK42 9TB | 01789282 | 2017-12-31 | 53,854,941 | 0 | |
WM. NELSTROP & CO. LTD | ALBION FLOUR MILLS, STOCKPORT, SK4 1TZ | 00260082 | 2018-03-31 | 47,969,734 | 558,412 | |
G.R.WRIGHT & SONS LIMITED | HARLOW MILL THE PINNACLES, ROYDON ROAD, HARLOW, ESSEX, ENGLAND, CM19 5GH | 00129755 | 2017-12-31 | 43,330,724 | 3,570,167 | |
DOVES FARM FOODS LIMITED | DOVES FARM FOODS LTD, SALISBURY, ROAD, HUNGERFORD, BERKSHIRE, RG17 0RF | 02301391 | 2017-06-30 | 17,206,813 | 0 |
10720-Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes |
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 |
---|---|---|---|---|
VEETEE RICE 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 |