A.B. PRODUCE PLC

6TH FLOOR, 60 GRACECHURCH STREET, LONDON, EC3V 0HR

Company Number: 02240234
Incorporation date: 06-Apr-1988
Status: Active
Entity type: Public Limited Company

SIC codes:
01630 Post-harvest crop activities
10310 Processing and preserving of potatoes
10390 Other processing and preserving of fruit and vegetables
52290 Other transportation support activities

SUMMARY

This company is 36.1 years old and is currently active. It is controlled by A.B. Produce Trading Limited. The company has positive equity (net assets) of GBP 3.3 million which has decreased from the previous year's figure of GBP 3.5 million. The latest reported revenue figure is GBP 27.2 million which is similar to the previous year's figure of GBP 26.3 million. The company has 2 active officers (directors or partners) who are or were officers of 12 other companies, 5 (41.7%) 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 no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Nov-2024
Accounts Filed: FULL (31-May-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-May-2017	GBP	27,179,000	-209,000	43,000	78,000	36,000	-208,000
31-May-2016	GBP	26,257,000	-1,583,000	56,000	21,000	367,000	-1,181,000
29-May-2015	GBP	2,000	1,681,000	6,000	7,000	8,000	1,617,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-May-2017	GBP	5,000	9,622,000	8,514,000	814,000	83,000	268,000	2,932,000	3,306,000
31-May-2016	GBP		7,769,000	6,447,000	1,170,000	83,000	268,000	3,140,000	3,514,000
29-May-2015	GBP	1,799,000	7,083,000	4,154,000	311,000	83,000	268,000	4,321,000	4,695,000

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	Nationality	All apointments (active/resigned)
Active	SGH COMPANY SECRETARIES LIMITED	26 May 2022	18 Apr 2024		90 - 40
Resigned	Derek William TOMKINSON	26 Mar 2003	26 May 2022	British	1 - 9
Resigned	John Gordon WATSON	22 Jul 1996	26 Mar 2003	British	0 - 1
Resigned	Paul Julian BRIDGEN	12 Feb 1993	22 Jul 1996		5 - 2
Resigned	Ann BRIDGEN		12 Feb 1993		0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Paul Raymond LARGE	10 Mar 2010	31 Jul 2012	Director	British	0 - 2	0 (0.0%)
Active	Neil Andrew SHARRATT	02 May 2006		Finance Director	British	3 - 1	0 (0.0%)
Resigned	Martin MCQUAIDE	05 Mar 2004	16 Sep 2011	None	British	0 - 5	3 (60.0%)
Resigned	Alan PARKER	09 Dec 1998	09 Sep 2005	Director	British	0 - 3	0 (0.0%)
Active	Derek William TOMKINSON	01 Sep 1998		Chartered Accountant	British	1 - 9	5 (50.0%)
Resigned	Sidney Charles GRAY	01 May 1996	24 Nov 1998	Solicitor	British	0 - 1	0 (0.0%)
Active	Peter John ELLIS	01 May 1996		Director	British	4 - 0	0 (0.0%)
Active	Paul Julian BRIDGEN	07 Apr 1988		Director	British	5 - 2	1 (14.3%)
Resigned	Alan William BRIDGEN		14 Feb 1997	Director	British	0 - 1	0 (0.0%)
Resigned	Ann BRIDGEN		01 Apr 1997	Director	British	0 - 2	0 (0.0%)
Resigned	Andrew James BRIDGEN		29 Aug 2014	Director	British	0 - 4	1 (25.0%)

Number of active directors: 4
Average tenure of active directors: 26.9 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 16.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Neil Andrew SHARRATT	Derek William TOMKINSON	Peter John ELLIS	Paul Julian BRIDGEN
A.B. PRODUCE PLC (02240234) - Active	✔	✔	✔	✔
VALVE TRAIN COMPONENTS LIMITED (02908669) - Liquidation		✔
DAVIES BUSINESS SERVICES LIMITED (03748743) - Dissolved		✔
WJV SERVICES LIMITED (03810621) - Active		✔
DAVIES & ASSOCIATES LIMITED (03985221) - Dissolved		✔
HANOVER COURT PROPERTIES LIMITED (04307759) - Dissolved		✔
TOMKINSON TEAL LIMITED (05736029) - Active		✔
BRIDGEN INVESTMENTS LIMITED (06016467) - Active	✔		✔	✔
A.B. PRODUCE TRADING LIMITED (06018033) - Active	✔		✔	✔
PROSEP TECHNOLOGIES LIMITED (07162917) - Dissolved		✔
WATER PURIFICATION SOLUTIONS LTD (08772615) - Dissolved				✔
AB FARMS LTD (09752902) - Active	✔		✔	✔
BRIDGEN HOLDINGS LTD (15075325) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2015-09-25	2014-09-25	2013-09-25	2012-09-25	2011-09-25
AB PRODUCE TRADING LIMITED	ORDINARY	83,352 100%	83,352 100%	83,352 100%	83,352 100%	83,352 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- 25-50%:Mr Andrew Bridgen - active
- 25-50%:Mr Paul Julian Bridgen - active
>75%:A.B. Produce Trading Limited (06018033 - United Kingdom) active

Controlling entities above

A.B. PRODUCE PLC

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: 01630 Post-harvest crop activities)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
WEALMOOR LIMITED	UNIT 5 JETHA HOUSE AURIOL DRIVE, GREENFORD PARK, GREENFORD, MIDDLESEX, UB6 0TP	01100044	2018-03-31	166,904,419	1,957,896	52103-Operation of warehousing and storage facilities for land transport activities
P D M PRODUCE (U.K.) LIMITED	CHADWELL PARK FARM, GREAT CHATWELL, NEWPORT, SHROPSHIRE, TF10 9BN	03185729	2018-03-31	65,488,000	1,111,000
DEWING GRAIN LIMITED	DEWING GRAIN OFFICES BANNINGHAM ROAD, AYLSHAM, NORWICH, NORFOLK, NR11 6LP	07660591	2018-06-30	37,452,722	0
B & E FORAGE COMPANY LIMITED	STATION YARD, SENNYBRIDGE, BRECON, WALES, LD3 8RR	08946614	2019-04-30	568,954	0	49410-Freight transport by road
CIELO INVESTMENTS LIMITED	23-25 WATERLOO PLACE, WARWICK STREET, LEAMINGTON SPA, WARWICKSHIRE, UNITED KINGDOM, CV32 5LA	07660713	2017-02-28	36,244	0
TREMAYNA SERVICES LTD	UNIT 2 DIDDENHAM COURT LAMBWOOD HILL, GRAZELEY, READING, ENGLAND, RG7 1JQ	07217193	2018-04-30	35,171	0	68209-Other letting and operating of own or leased real estate
SEWARD ENGINEERING LIMITED	85 CAMBRIDGE ROAD, LANGFORD, BIGGLESWADE, BEDFORDSHIRE, SG18 9PL	03878210	2018-11-30	2,465	0	74909-Other professional, scientific and technical activities not elsewhere classified
BERWICK PRODUCE LTD	311 SHOREHAM STREET, SHEFFIELD, S2 4FA	07500063	2019-01-31	500	0
EAST COAST VINERS (HOLDINGS) LIMITED	BROADWOOD, DRUMLITHIE, STONEHAVEN, ABERDEENSHIRE, AB39 3XA	SC465361	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
A.B. PRODUCE PLC	1.0%	4.5%	7.2%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	6.1%	8.0%	Medium
Sic code count	1.0%	5.6%	10.9%	Medium