JOHN KING CHAINS LIMITED

NEW CLIMAX WORKS LANCASTER CLOSE, SHERBURN IN ELMET, LEEDS, LS25 6NS

Company Number: 02232268
Incorporation date: 17-Mar-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
25930 Manufacture of wire products, chain and springs





SUMMARY

This company is 36.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.3 million which has increased from GBP 2.9 million in the previous year. The latest reported revenue figure is GBP 10.4 million which is similar to the previous year's figure of GBP 10.7 million. The company has 4 active officers (directors or partners) who are or were officers of 6 other companies, 3 (50.0%) 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 2 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-2020 GBP 10,361,972 1,018,409 29 95,717 178,412 744,309
31-Mar-2019 GBP 10,747,938 1,293,299 3,068 95,810 228,389 972,168
31-Mar-2018 GBP 8,702,097 915,036 1,454 89,724 29,483 797,283


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 4,176,150 6,725,271 4,398,454 1,481,621 630 10,670 3,095,983 3,325,124
31-Mar-2019 GBP 1,195,766 7,191,981 5,282,702 1,644,613 630 10,670 2,686,274 2,915,415
31-Mar-2018 GBP 1,201,926 5,349,548 3,745,440 1,875,980 630 10,670 2,013,586 2,242,727

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Ben ROBINSON 18 Aug 2023 29 Mar 2024 1 - 0
Resigned Darren WOOD 06 Aug 2012 18 Aug 2023 0 - 1
Resigned Rosemary Ann WADSWORTH 06 Aug 2012 British 1 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Ben ROBINSON 18 Aug 2023 Director British 1 - 00 (0.0%)
Active William George WADSWORTH 01 Jul 2018 Sales Director British 3 - 01 (33.3%)
Resigned Darren John WOOD 01 Jul 2014 18 Aug 2023 Finance Director British 0 - 20 (0.0%)
Active Rosemary Ann WADSWORTH 01 Jan 1993 Administration Officer And Com British 1 - 21 (33.3%)
Resigned Suzanne Julie KING 01 Jan 1993 05 May 2017 Administration British 1 - 10 (0.0%)
Resigned Jonathan Stanley Richard KING 05 May 2017 Sales Director British 1 - 32 (50.0%)
Resigned David Martin SCRIVEN 15 Oct 1994 Commercial Director British 0 - 10 (0.0%)
Active David William WADSWORTH Managing Director British 1 - 65 (71.4%)
Number of active directors: 4
Average tenure of active directors: 9.4 years
Average tenure of resigned directors: 8.4 years
Average active director Dissolution Rate: 34.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CUNDALL MANOR LIMITED (01036833) - Active
JOHN KING CHAINS LIMITED (02232268) - Active
GEFA LIMITED (04351172) - Active - Proposal to Strike off
POWERMOTION LASER LIMITED (05633689) - Active - Proposal to Strike off
CLIMAX CHAINS LIMITED (06014958) - Active - Proposal to Strike off
LATITUDE (NORTHERN) LIMITED (07470631) - Liquidation
JKC HOLDINGS LIMITED (12506148) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-08-202017-08-202015-08-202014-08-202012-08-20
DAVID WILLIAM WADSWORTHORDINARY315
50%
315
50%
270
26.2%
270
26.5%
270
26.5%
ROSEMARY ANN VICTORIA WADSWORTHORDINARY125
19.8%
135
21.4%
135
13.1%
135
13.2%
135
13.2%
GEFA LIMITED SELF ADMINISTERED PENSION SCHEMEORDINARY100
15.9%
100
15.9%
100
9.71%
100
9.80%
100
9.80%
THE D W WADSWORTH 2010 SETTLEMENTORDINARY35
5.56%
35
5.56%
30
2.91%
30
2.94%
30
2.94%
THE R A WADSWORTH 2010 SETTLEMENTORDINARY15
2.38%
15
2.38%
15
1.46%
15
1.47%
15
1.47%
OLIVER THOMAS WADSWORTHORDINARY B10
1.59%
0
0%
0
0%
0
0%
0
0%
WILLIAM GEORGE WADSWORTHORDINARY A10
1.59%
0
0%
0
0%
0
0%
0
0%
DARREN JOHN WOODORDINARY B10
1.59%
10
1.59%
10
0.971%
10
0.980%
0
0%
DARREN TOESORDINARY B10
1.59%
10
1.59%
10
0.971%
10
0.980%
10
0.980%
WILLIAM WADSWORTHORDINARY A0
0%
10
1.59%
10
0.971%
0
0%
0
0%
JONATHAN STANLEY RICHARD KINGORDINARY0
0%
0
0%
300
29.1%
300
29.4%
300
29.4%
SUZANNE JULIE KINGORDINARY0
0%
0
0%
150
14.6%
150
14.7%
0
0%
SUZANNE LOUISE KINGORDINARY0
0%
0
0%
0
0%
0
0%
150
14.7%
DARREN WOODORDINARY B0
0%
0
0%
0
0%
0
0%
10
0.980%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

JOHN KING CHAINS 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


Date Title Reference Subject
2007-06-19 John King (Chains) Ltd v Revenue & Customs [2007] UKVAT V20217
2007-02-13 John King (Chains) Ltd v Revenue & Customs [2007] UKVAT V20027

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 25930 Manufacture of wire products, chain and springs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BRAND-REX LIMITED CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AF 02340157 2017-12-31 78,179,000 5,175,000
RENOLD POWER TRANSMISSION LIMITED TRIDENT 2 TRIDENT BUSINESS PARK, STYAL ROAD, WYTHENSHAWE, UNITED KINGDOM, M22 5XB 00182382 2018-03-31 49,822,000 3,478,000 28150-Manufacture of bearings, gears, gearing and driving elements
ZOLEND UK LTD UNIT 22 POWER STATION ROAD, BOSTON INDUSTRIAL ESTATE, RUGELEY, STAFFORDSHIRE, ENGLAND, WS15 2HS 08043228 2019-04-30 612,393 0 41100-Development of building projects
41201-Construction of commercial buildings

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
JOHN KING CHAINS 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 0.7% 3.5% 7.0% Medium
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