NMB-MINEBEA UK LTD

DODDINGTON ROAD, LINCOLN, LN6 3RA

Company Number: 02194706
Incorporation date: 17-Nov-1987
Status: Active
Entity type: Private Limited Company

SIC codes:
28150 Manufacture of bearings, gears, gearing and driving elements





SUMMARY

This company is 36.6 years old and is currently active. It is controlled by Minebea Mitsumi Inc. The company has positive equity (net assets) of GBP 19.2 million which has increased from GBP 13.4 million in the previous year. The latest reported revenue figure is GBP 45.4 million which is up 10% on previous year's figure of GBP 40.5 million. Retained earnings is negative (GBP -24.5 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 1 other company. 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-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2019 GBP 45,360,000 4,947,000 3,000 474,000 639,000 6,362,000
31-Mar-2018 GBP 40,487,000 3,723,000 51,000 717,000 442,000 2,392,000
31-Mar-2017 GBP 36,769,000 2,488,000 3,000 531,000 513,000 1,447,000
31-Mar-2016 GBP 31,805,000 3,136,000 2,000 617,000 689,000 1,832,000
31-Mar-2015 GBP 28,986,000 3,107,000 47,000 2,569,000
31-Mar-2014 GBP 29,696,000 1,661,000 187,000 920,000
31-Mar-2013 GBP 28,995,000 1,413,000 323,000 360,000
31-Mar-2012 GBP 25,413,000 1,025,000 146,000 986,000
31-Mar-2011 GBP 20,386,000 637,000 7,000 655,000
31-Mar-2010 GBP 22,934,000 1,439,000 2,335,000 -9,790,000
31-Mar-2009 GBP 22,934,000 1,858,000 2,335,000 -9,790,000
31-Mar-2008 GBP 48,019,000 3,911,000 1,351,000 4,197,000
31-Mar-2006 GBP 45,994,000 3,598,000 546,000 990,000 3,052,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 4,216,000 12,237,000 43,700,000 -24,488,000 19,212,000
31-Mar-2018 GBP 3,361,000 10,904,000 43,700,000 -30,350,000 13,350,000
31-Mar-2017 GBP 14,000 11,952,000 19,000 -32,264,000 10,958,000
31-Mar-2016 GBP 2,106,000 8,452,000 43,700,000 -23,526,000 20,174,000
31-Mar-2015 GBP 3,378,000 13,475,000 8,989,000 43,700,000 -31,580,000 12,120,000
31-Mar-2014 GBP 3,650,000 12,160,000 7,612,000 43,700,000 -27,836,000 15,864,000
31-Mar-2013 GBP 3,712,000 12,662,000 8,225,000 43,700,000 -26,265,000 17,435,000
31-Mar-2012 GBP 2,715,000 13,479,000 8,512,000 43,700,000 -26,529,000 17,171,000
31-Mar-2011 GBP 5,665,000 11,158,000 6,654,000 43,700,000 -22,309,000 21,391,000
31-Mar-2010 GBP 5,683,000 9,800,000 5,347,000 43,700,000 -23,904,000 19,796,000
31-Mar-2009 GBP 2,400,000 10,751,000 10,889,000 43,700,000 -19,388,000 24,312,000
31-Mar-2008 GBP 1,796,000 20,553,000 7,816,000 43,700,000 -8,160,000 35,540,000
31-Mar-2006 GBP 110,000 16,875,000 11,311,000 43,700,000 -10,837,000 32,863,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2018 GBP 99.96% 43,681,000 19,000 43,700,000 20,172,000
31-Mar-2017 GBP -229,900.00% -43,681,000 43,700,000 19,000 20,799,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Alison Jayne ROBINSON 22 Dec 2011 13 Jun 2024 1 - 0
Resigned David DIX 08 Apr 2010 22 Dec 2011 0 - 1
Resigned Yoshiaki IKEDA 10 Aug 2005 08 Apr 2010 Japanese 0 - 1
Resigned Shinichiro KUROKAWA 01 Apr 2003 10 Aug 2005 Japanese 0 - 1
Resigned David DIX 25 Oct 2002 01 Apr 2003 British 0 - 1
Resigned Robert Edward WARNER 27 Jul 2000 25 Oct 2002 3 - 23
Resigned Mark STANSFIELD 25 Jul 1995 27 Jul 2000 Company Secretary British 1 - 2
Resigned Stewart John BAXTER 17 Jul 1995 British 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Michael Werner EIDMANN 21 Apr 2021 Company Director German 1 - 00 (0.0%)
Active Shigeru NONE 01 Jul 2017 Director Japanese 1 - 00 (0.0%)
Resigned Yugen OTA 04 Mar 2014 21 Apr 2021 Director Japanese 0 - 10 (0.0%)
Resigned Masayoshi YAMANAKA 29 Jun 2007 31 May 2013 Director Japanese 0 - 10 (0.0%)
Resigned Tosei TAKENAKA 29 Jun 2006 29 Jun 2007 Director Japanese 0 - 20 (0.0%)
Resigned Yoshihisa KAINUMA 10 Aug 2005 29 Jun 2006 Company Director Japanese 0 - 10 (0.0%)
Resigned Koichi DOSHO 01 Apr 2003 08 Apr 2010 Company Director Japanese 0 - 20 (0.0%)
Active Mark STANSFIELD 27 Jul 2000 Director British 1 - 20 (0.0%)
Resigned Daishiro KONOMI 15 Dec 1995 01 Jul 2017 Company Director Japanese 0 - 10 (0.0%)
Resigned Koichiro KOJIMA 08 Apr 2010 Production Director Japanese 0 - 10 (0.0%)
Resigned Stewart John BAXTER 17 Jul 1995 Financial Director British 0 - 20 (0.0%)
Resigned Ronald Philip CHAPMAN 31 Mar 1998 Managing Director British 0 - 10 (0.0%)
Resigned Cyril PARKIN 31 Mar 1992 Commercial Director British 0 - 10 (0.0%)
Resigned Goro OGINO 15 Dec 1995 Company Director Japanese 0 - 10 (0.0%)
Resigned Ryusuke MIZUKAMI 10 Aug 2005 Company Director Japanese 0 - 21 (50.0%)
Resigned Tomihiro MARUTA 27 Jul 2000 Company Director Japanese 0 - 10 (0.0%)
Resigned Anthony Philip HEROD 05 Jul 1992 Managing Director British 0 - 31 (33.3%)
Resigned Koichi DOSHO 28 Feb 2001 Company Director Japanese 0 - 20 (0.0%)
Number of active directors: 3
Average tenure of active directors: 11.3 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
THE NEWARK PREPARATORY SCHOOL COMPANY LIMITED (00396309) - Active
NMB-MINEBEA UK LTD (02194706) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-12-162015-12-162014-12-162013-12-162012-12-16
MINEBEA MITSUMI INCORDINARY43,700,000
100%
0
0%
0
0%
0
0%
0
0%
MINEBEA CO LTDORDINARY0
0%
43,700,000
100%
43,700,000
100%
43,700,000
100%
43,700,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

NMB-MINEBEA UK LTD

no controlled companies

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
0202-10-01 2023-03-31 23 3% 5% 71029
2022-04-01 2022-09-30 22 2% 8% 63546
2021-10-01 2022-03-31 30 8% 4% 57670
2021-04-01 2021-09-30 28 7% 2% 51877
2020-04-01 2021-03-31 24 4% 5% 46257
2020-04-01 2020-09-30 23 6% 1% 39271
2019-10-01 2020-03-31 25 5% 2% 39270
2019-04-01 2019-09-30 % % 23976
2019-04-01 2019-09-30 41 3% 11% 23977
2018-10-01 2019-03-31 26 3% 72% 14474
2018-04-01 2018-09-30 27 2% 27% 7246


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 28150 Manufacture of bearings, gears, gearing and driving elements)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SCHAEFFLER (UK) LIMITED SCHAEFFLER (UK) LIMITED WALESWOOD ROAD, WALES BAR, SHEFFIELD, ENGLAND, S26 5PN 00556493 2017-12-31 308,736,463 19,202,847 29320-Manufacture of other parts and accessories for motor vehicles
45310-Wholesale trade of motor vehicle parts and accessories
ERIKS INDUSTRIAL SERVICES LIMITED ERIKS, SEVEN STARS ROAD, OLDBURY, WEST MIDLANDS, UNITED KINGDOM, B69 4JR 03142338 2017-12-31 274,120,000 10,033,000 33140-Repair of electrical equipment
46690-Wholesale of other machinery and equipment
SKF (U.K) LIMITED SUNDON PARK ROAD,, LUTON,, BEDFORDSHIRE, LU3 3BL 00107367 2017-12-31 236,622,000 16,258,000
NSK BEARINGS EUROPE LIMITED THE PLACE, BRIDGE AVENUE, MAIDENHEAD, ENGLAND, SL6 1AF 01165693 2018-03-31 201,256,000 6,272,000
JCB TRANSMISSIONS ROCESTER, UTTOXETER, STAFFORDSHIRE, ST14 5JP 01832206 2017-12-31 158,053,000 13,651,000
ROTORK CONTROLS LIMITED ROTORK HOUSE, BRASSMILL LANE, BATH, BA1 3JQ 00608345 2017-12-31 95,425,000 31,020,000
KOYO BEARINGS (EUROPE) LIMITED JTEKT AUTOMOTIVE ENGLAND LTD ELMHIRST LANE, SILKSTONE, BARNSLEY, ENGLAND, S75 4LD 02469122 2018-03-31 49,190,000 -1,585,000
BARDEN CORPORATION(U.K.)LIMITED(THE) HQW AEROSPACE (UK) LIMITED PLYMBRIDGE ROAD, ESTOVER, PLYMOUTH, DEVON, ENGLAND, PL6 7LH 00450577 2017-12-31 41,520,092 6,489,401 29320-Manufacture of other parts and accessories for motor vehicles
MAHLE ENGINE SYSTEMS UK LIMITED COSTIN HOUSE, ST JAMES MILL ROAD, NORTHAMPTON, ENGLAND, NN5 5TZ 06080706 2017-12-31 40,732,000 -3,077,000
DANA SAC UK LIMITED BRIDGEWAY HOUSE, BRIDGEWAY, STRATFORD UPON AVON, ENGLAND, CV37 6YX 02069720 2018-12-31 9,947,425 0
L C & M LIMITED BAY 18, BEEVOR STREET, LINCOLN, LINCOLNSHIRE, LN6 7DN 04677843 2018-03-31 5,844,738 0
JHS GEARS LIMITED BEECH HOUSE BRENCHLEY ROAD, BRENCHLEY, TONBRIDGE, ENGLAND, TN12 7PB 09452010 2018-02-28 206,529 0 29320-Manufacture of other parts and accessories for motor vehicles
30200-Manufacture of railway locomotives and rolling stock
OCTECA LTD MULBERRY HOUSE TOWNSEND, HARWELL, DIDCOT, OXFORDSHIRE, ENGLAND, OX11 0DX 10709288 2019-03-31 32,333 0 71122-Engineering related scientific and technical consulting activities
71200-Technical testing and analysis
74100-specialised design activities

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
NMB-MINEBEA UK LTD 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 0.7% 3.5% 7.0% Medium
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