VALEO CONFECTIONERY LIMITED

38 BARNARD ROAD, BOWTHORPE,, NORWICH, NR5 9JP

Previous name: TANGERINE CONFECTIONERY LIMITED (changed on 23-Dec-2019)
Previous name: TOMS CONFECTIONERY LIMITED (changed on 21-Feb-2006)

Company Number: 02025064
Incorporation date: 04-Jun-1986
Status: Active
Company type: Private Limited Company

SIC codes:
10822 Manufacture of sugar confectionery
64202 Activities of production holding companies

SUMMARY

This company is 37 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 73.3 million which has increased from GBP nan in the previous year. The latest reported revenue figure is GBP 152.6 million which is up 30% on previous year's figure of GBP 113.6 million. The company has 3 active officers (directors or partners) who are or were officers of 10 other companies. The company has no public disputes filed on the Business Disputes Register. There are 4 court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Dec-2023
Accounts Filed: FULL (31-Mar-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Mar-2019	GBP	152,572,000	-2,612,000	8,000	363,000	-610,000
31-Dec-2017	GBP	113,570,000	2,844,000	54,000	333,000	3,099,000	36,184,000
31-Dec-2016	GBP	139,258,000	5,613,000	25,000	2,371,000	436,000	3,267,000
31-Dec-2015	GBP	151,879,000	11,057,000	166,000	2,320,000	886,000	8,556,000
31-Dec-2014	GBP	158,398,000	4,904,000	22,000	2,897,000	704,000	1,325,000
31-Dec-2013	GBP	169,743,000	7,890,000	29,000	3,009,000	1,494,000	3,416,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Mar-2019	GBP	1,634,000		27,188,000	7,684,000	5,484,000	6,685,000	51,615,000	73,265,000
31-Dec-2017	GBP	8,774,000	66,471,000	29,663,000	7,659,000	5,484,000	6,685,000	55,113,000
31-Dec-2016	GBP	6,985,000	45,829,000	27,205,000	40,489,000		6,685,000	18,782,000
31-Dec-2015	GBP	9,284,000	53,745,000	36,417,000	43,872,000	5,484,000	6,685,000	15,804,000
31-Dec-2014	GBP	4,252,000		34,252,000	49,586,000	5,484,000	6,685,000	7,124,000
31-Dec-2013	GBP	5,030,000		33,521,000	55,526,000	5,483,000	6,685,000	5,652,000

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Katherine Susan ATKINSON	27 Apr 2021	28 May 2023			1 - 0
Resigned	Clive Ashley BURNETT	12 Dec 2018	27 Apr 2021			0 - 1
Resigned	Clive Ashley BURNETT	10 Feb 2006	20 Aug 2018	Financial Controller	British	0 - 11
Resigned	Steven Falcon JOSEPH	12 Jan 2006	10 Feb 2006			2 - 31
Resigned	Niels PETERSEN	19 Mar 2001	12 Jan 2006			0 - 17
Resigned	Anthony Michael DODSON	24 Nov 1994	20 Mar 2001	Company Director	English	2 - 31
Resigned	Anthony Michael DODSON		20 Mar 2001		English	2 - 31

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Lee Anthony NICHOLLS	01 Apr 2023		Director	British	6 - 0	0 (0.0%)
Active	Lindsey MOSES-ROBERTS	01 Apr 2023		Finance Director	British	7 - 0	0 (0.0%)
Active	Thibaut Guy EISSAUTIER	21 Dec 2022		Director	French,British	7 - 0	1 (14.3%)
Resigned	Andrew David DRISCOLL	22 Dec 2020	31 Dec 2022	Director	British	2 - 31	2 (6.1%)
Resigned	Ashley James HICKS	22 Dec 2020	01 Apr 2023	Director	British	0 - 17	0 (0.0%)
Resigned	Adrian HIPKISS	01 Dec 2017	20 Aug 2018	Director	British	0 - 1	0 (0.0%)
Resigned	Maria Elza Marleen VAN TROYS	06 Jan 2017	29 Dec 2020	Director	Belgian	0 - 18	0 (0.0%)
Resigned	Deborah Louise QUICK	30 Sep 2016	20 Aug 2018	Uk Sales Director	British	0 - 1	0 (0.0%)
Resigned	Russell Marc TANNER	30 Sep 2016	20 Aug 2018	Marketing Director	British	0 - 1	0 (0.0%)
Resigned	Antony FRANCHETERRE	31 May 2016	31 Jul 2019	Company Director	French	0 - 14	0 (0.0%)
Resigned	Andrew HAWLEY	17 Nov 2014	31 Aug 2022	Company Director	British	0 - 16	0 (0.0%)
Resigned	Benoit TESTARD	10 Mar 2014	16 Feb 2016	Company Director	French	0 - 14	0 (0.0%)
Resigned	Eve Marion JUHASZ	06 Jan 2014	06 Jan 2017	Director	British	0 - 1	0 (0.0%)
Resigned	Nigel NELSON	02 Jan 2013	14 Nov 2014	Operations And Supply Chain Director	British	0 - 1	0 (0.0%)
Resigned	Raphael Maurice Charles Vital DE BOTTON	19 Oct 2012	20 Aug 2018	Director	French	4 - 25	4 (13.8%)
Resigned	Keiron RUSSELL	10 Sep 2012	30 Jun 2017	Director	British	0 - 1	0 (0.0%)
Resigned	James Anthony LANGAN	06 Jun 2012	30 Sep 2016	Director	British	0 - 5	0 (0.0%)
Resigned	David John MITCHELL	30 Jan 2012	31 May 2012	Director	British	0 - 3	2 (66.7%)
Resigned	Graham Keith HUNTER	16 Jan 2012	19 Feb 2014	Director	British	0 - 28	1 (3.6%)
Resigned	Wayne BEEDLE	19 Jul 2011	31 Dec 2013	Director	British	30 - 64	9 (9.6%)
Resigned	Robert RAMSAUER	30 Jun 2011	19 Oct 2012	Director	Austrian	0 - 20	6 (30.0%)
Resigned	Alan David ROUX	30 Jun 2011	16 Nov 2015	Director	South African	0 - 17	0 (0.0%)
Resigned	Lionel Yves ASSANT	30 Jun 2011	20 Aug 2018	Director	French	8 - 24	6 (18.8%)
Resigned	David PROSSER	12 May 2010	15 Oct 2012	Manufacturing Director	British	0 - 2	0 (0.0%)
Resigned	Alison Julie Bates BRAND	12 Oct 2009	31 Jul 2012	Director	British	0 - 3	1 (33.3%)
Resigned	Richard James BRITTLE	01 Feb 2009	31 May 2012	Non Executive Director	British	1 - 17	0 (0.0%)
Resigned	Robert Henry WHITEFIELD	01 Jul 2008	31 May 2012	Non Executive Director	British	2 - 4	0 (0.0%)
Resigned	David William LILBURN	05 May 2008	31 May 2012	Director	British	1 - 2	0 (0.0%)
Resigned	Peter Leonard Morice SANDERS	01 Apr 2008	20 Aug 2018	Operations Director	British	0 - 2	0 (0.0%)
Resigned	Matthew BAKER	01 Apr 2008	24 Aug 2009	Sales Director	British	2 - 1	1 (33.3%)
Resigned	Steve DODDS	02 May 2006	30 Jun 2011	Company Director	British	0 - 36	17 (47.2%)
Resigned	Steven Falcon JOSEPH	12 Jan 2006	20 Aug 2018	Businessman Director	British	3 - 27	2 (6.7%)
Resigned	Christopher Alan MARSHALL	12 Jan 2006	31 May 2012	Businessman	British	0 - 29	6 (20.7%)
Resigned	Andrew LANGAN	28 Jan 2005	14 Apr 2008	Sales Director	British	0 - 1	0 (0.0%)
Resigned	Neil BODDINGTON	01 Jul 2003	05 Dec 2006	Operations Director	British	0 - 4	0 (0.0%)
Resigned	Per HARKJAER	17 Oct 2001	23 Apr 2004	Chief Executive Officer	Danish	0 - 5	1 (20.0%)
Resigned	Neil ROBINSON	24 Sep 2001	31 Oct 2003	Marketing Director	British	0 - 3	0 (0.0%)
Resigned	Christopher DEARDEN	06 Aug 2001	31 Oct 2003	Sales Director	English	0 - 5	1 (20.0%)
Resigned	Vispi BIRDI	07 May 2001	12 Jan 2006	Finance Director	British	0 - 15	1 (6.7%)
Resigned	Neil Angus KENNEDY	19 Mar 2001	01 Jul 2004	Managing Director	British	8 - 24	0 (0.0%)
Resigned	John Glenn MOXON	19 Mar 2001	20 Mar 2001	Production Director	British	0 - 2	0 (0.0%)
Resigned	Alan Robert BEST	19 Mar 2001	03 Apr 2003	Human Resources Director	British	0 - 6	2 (33.3%)
Resigned	Niels PETERSEN	28 Sep 2000	12 Jan 2006	Director	Danish	0 - 17	0 (0.0%)
Resigned	Erik STRAND	22 Sep 1997	20 Mar 2001	Director	Danish	0 - 1	0 (0.0%)
Resigned	Hans RYSGAARD	22 Sep 1997	20 Mar 2001	Director	Danish	0 - 3	0 (0.0%)
Resigned	Norman BEANEY	01 Apr 1997	31 May 2001	Company Director	British	0 - 7	1 (14.3%)
Resigned	Stanley Christopher KITT	01 Mar 1995	20 Mar 2001	Confectioner	British	3 - 14	1 (5.9%)
Resigned	David Ernest EVENNETT	24 Dec 1992	01 Nov 1999	Chartered Accountant	British	0 - 8	0 (0.0%)
Resigned	Stanley Christopher KITT		20 Mar 2001	Confectioner	British	3 - 14	1 (5.9%)
Resigned	David Ernest EVENNETT		01 Nov 1999	Chartered Accountant	British	0 - 8	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 0.3 years
Average tenure of resigned directors: 3.6 years
Average active director Dissolution Rate: 4.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Lee Anthony NICHOLLS	Lindsey MOSES-ROBERTS	Thibaut Guy EISSAUTIER
VALEO CONFECTIONERY LIMITED (02025064) - Active	✔	✔	✔
KETTLE FOODS LTD. (02238320) - Active	✔	✔	✔
BIG BEAR CONFECTIONERY LIMITED (04849228) - Active - Proposal to Strike off			✔
TANGERINE CONFECTIONERY GROUP LIMITED (05660094) - Active			✔
MEATSNACKS GROUP LTD. (06242292) - Active	✔	✔
TAURUS 3 LIMITED (07645590) - Active			✔
TAURUS BIDCO LIMITED (07645635) - Active			✔
KETTLE GROWER SERVICES LIMITED (10767968) - Active	✔	✔
VALEO FOODS UK FINANCING LIMITED (13955129) - Active		✔	✔
WILD WEST FOODS (UK) LIMITED (SC214660) - Active	✔	✔
THE REAL MEAT SNACKS COMPANY LTD (SC423068) - Active	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-11-29	2015-11-29	2014-11-29	2013-11-29	2012-11-29
TANGERINE CONFECTIONERY GROUP LIMITED	ORDINARY	11,483,961 100%	5,483,961 100%	5,482,838 100%	5,482,838 100%	5,481,405 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

Significant influence or control:Mr Anthony Francheterre - ceased
Significant influence or control:Mr Lionel Yves Assant - ceased
Significant influence or control:Mr Raphael Maurice Charles Vital De Botton - ceased
Significant influence or control:Mr Steven Falcon Joseph - ceased
- Significant influence or control:Mr Raphael Maurice Charles Vital De Botton - ceased
- Significant influence or control:Mr Steven Falcon Joseph - ceased
- - Significant influence or control:Mr Anthony Francheterre - ceased
  - Significant influence or control:Mr Anthony Francheterre - ceased
    >75%:Rowse Honey Limited - active
    >75%:Taurus 3 Limited (07645590 - United Kingdom) active
  >75%:Taurus Bidco Limited (07645635 - United Kingdom) active
>75%:Tangerine Confectionery Group Limited (05660094 - United Kingdom) active

Controlling entities above

VALEO CONFECTIONERY LIMITED

Controlled companies below

>75%:PORTFOLIO FOODS LIMITED (02486658 - UK) active
>75%:TAVENERS PLC. (00271817 - UK) active
>75%:DAINTEE PROPERTIES LIMITED (02357375 - UK) active
>75%:TOFFEE DE BEURRE LIMITED (00166931 - UK) active
>75%:HARLOW'S MINTOES (1995) LIMITED (03010299 - UK) active
>75%:DAINTEE CHOCOLATE CONFECTIONERY COMPANY (BLACKPOOL) LIMITED (00345735 - UK) active
>75%:SWEET DEALERS LIMITED (02884012 - UK) active
>75%:PARRS QUALITY CONFECTIONERY LIMITED (00466534 - UK) active
- >75%:MOTTO MARKETING COMPANY LIMITED (01735829 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2022-10-01	2023-03-31	65	58%	19%	70704
2022-04-01	2022-09-30	65	60%	18%	64351
2021-10-01	2022-03-31	67	60%	12%	58234
2021-04-01	2021-09-30	67	61%	22%	50722
2020-10-01	2021-03-31	66	64%	20%	44294
2020-04-01	2020-09-30	66	62%	9%	38503
2019-10-01	2020-03-31	65	58%	11%	31280
2019-04-01	2019-09-30	66	61%	18%	29169
2018-07-01	2019-03-31	66	48%	22%	17797
2018-01-01	2018-06-30	70	63%	54%	17672
2017-01-01	2017-12-31		%	%	7101
2017-01-01	2017-12-31	69	56%	35%	7106

COURT CASES

Date	Title	Reference	Subject
2017-05-25	Mrs L Snape and others v Tangerine Confectionery Ltd:	[2017] UKET 2404082/2016	Unlawful Deduction from Wages
2017-05-25	Mr J Kelly v Tangerine Confectionery Ltd:	[2017] UKET 2404093/2016	Unlawful Deduction from Wages
2017-03-24	Mr J Szotrowski v Tangerine Confectionery Ltd	[2017] UKET 2406099/2016	Race Discrimination : Unfair Dismissal
2017-02-14	Mr T Cushion v Tangerine Confectionery Ltd	[2017] UKET 2404090/2016	Unlawful Deduction from Wages

PATENTS

Title	Date filed	Status	Publication number
Confectionery and manufacturing method	2013-05-07	Pending	GB2531680

COMPETITORS

(Based on Sic code: 10822 Manufacture of sugar confectionery)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
DUNHILLS (PONTEFRACT) P L C	26 FRONT STREET, PONTEFRACT, WEST YORKSHIRE, WF8 1NJ	00160251	2017-12-31	172,676,373	16,898,948
TANGERINE CONFECTIONERY LIMITED	38 BARNARD ROAD, BOWTHORPE,, NORWICH, ENGLAND, NR5 9JP	02025064	2017-12-31	120,141,000	1,447,000	64202-Activities of production holding companies
SWIZZELS MATLOW LIMITED	CARLTON HOUSE, ALBION ROAD, NEW MILLS, HIGH PEAK, SK22 3HA	00562269	2017-12-31	73,021,000	7,873,000
LOFTHOUSE OF FLEETWOOD LIMITED	MARITIME STREET, FLEETWOOD, LANCASHIRE, FY7 7LP	00781277	2018-12-31	55,845,785	3,014,278	21100-Manufacture of basic pharmaceutical products
LOFTHOUSE OF FLEETWOOD LIMITED	MARITIME STREET, FLEETWOOD, LANCASHIRE, FY7 7LP	00781277	2017-12-31	51,636,805	0	21100-Manufacture of basic pharmaceutical products
WALKER'S NONSUCH LIMITED	CALVERLEY STREET,, LONGTON,, STOKE ON TRENT, ST3 1QS	00186454	2018-03-31	9,277,028	0
CANDY SWIRLS (UK) LIMITED	UNIT 5A, MOOR PARK INDUSTRIAL ESTATE, BLACKPOOL, LANCS, FY2 0JY	06422930	2018-03-31	195,310	0
DRYSDALE AND GIBB LIMITED	FORT MATILDA IND. ESTATE, FORT MATILDA INDUSTRIAL ESTATE, ELDON STREET, GREENOCK, INVERCLYDE, PA16 7QF	SC075271	2017-12-31	75,716	0
LOVE LIFE LIMITED	95 GAIRN TERRACE, GAIRN TERRACE, ABERDEEN, SCOTLAND, AB10 6AY	SC160603	2017-09-30	45,021	0	47910-Retail sale via mail order houses or via Internet 70229-Management consultancy activities other than financial management 85590-Other education not elsewhere classified
FABFUDGE LIMITED	28 CHELVEY CLOSE, HARTCLIFFE, BRISTOL, BRISTOL, UNITED KINGDOM, BS13 0PJ	10513718	2018-12-31	10,602	0
MIDEN K LTD.	OFFICE 32, 19-21 CRAWFORD STREET, LONDON, UNITED KINGDOM, W1H 1PJ	09971857	2018-01-31	5,600	0	10860-Manufacture of homogenized food preparations and dietetic food 71200-Technical testing and analysis 72190-Other research and experimental development on natural sciences and engineering
LADYBIRD CONFECTIONERY LIMITED	OAK HOUSE, 317 GOLDEN HILL LANE, LEYLAND, ENGLAND, PR25 2YJ	06562694	2019-03-31	1,924	0
THE REALLY GOOD FUDGE COMPANY LTD	8D FOX COVERT AVENUE, EDINBURGH, EH12 6UQ	SC380702	2018-07-31	1,324	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
VALEO CONFECTIONERY 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