STELRAD LIMITED

69-75 SIDE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 3JE

Previous name: CARADON STELRAD LIMITED (changed on 07-Mar-2007)

Company Number: 02263368
Incorporation date: 31-May-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
25210 Manufacture of central heating radiators and boilers





SUMMARY

This company is 36.5 years old and is currently active. It is controlled by Stelrad Radiator Holdings Limited. The company has positive equity (net assets) of GBP 2.1 million which has decreased from the previous year's figure of GBP 3.7 million. The latest reported revenue figure is GBP 78.9 million which is similar to the previous year's figure of GBP 75.9 million. Retained earnings is negative (GBP -2.9 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 2 active officers (directors or partners) who are or were officers of 42 other companies, 24 (57.1%) 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-Sep-2025
Accounts Filed: FULL (31-Dec-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 78,920,000 -1,084,000 651,000 -1,554,000
31-Dec-2017 GBP 75,881,000 -2,269,000 546,000 -107,000
31-Dec-2016 GBP 68,319,000 1,113,000 559,000 441,000 995,000
31-Dec-2015 GBP 71,389,000 4,206,000 271,000 161,000 3,774,000
31-Dec-2014 GBP 64,587,000 93,000 1,098,000
31-Dec-2013 GBP 61,146,000 -43,402,000 -168,000 -43,570,000
31-Dec-2012 GBP 58,701,000 447,000 36,000 661,000 1,144,000
31-Dec-2011 GBP 66,498,000 2,482,000 4,127,000 2,609,000
31-Dec-2010 GBP 65,085,000 2,163,000 10,000 442,000 2,153,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 1,149,000 35,583,000 31,325,000 15,710,000 5,000,000 -2,899,000 2,101,000
31-Dec-2017 GBP 294,000 31,971,000 28,455,000 10,502,000 5,000,000 3,655,000
31-Dec-2016 GBP 186,000 31,289,000 22,810,000 9,710,000 5,000,000 1,577,000 6,577,000
31-Dec-2015 GBP 86,000 33,143,000 24,527,000 9,018,000 5,000,000 582,000 5,582,000
31-Dec-2014 GBP 2,966,000 18,689,000 2,938,000 5,000,000 10,808,000 15,808,000
31-Dec-2013 GBP 2,829,000 16,798,000 12,518,000 5,000,000 18,835,000 23,835,000
31-Dec-2012 GBP 288,000 16,457,000 56,680,000 5,000,000 45,000,000 21,289,000 71,289,000
31-Dec-2011 GBP 21,824,000 5,000,000 45,000,000 20,222,000 70,222,000
31-Dec-2010 GBP 12,353,000 20,365,000 13,188,000 45,000,000 4,821,000 54,821,000

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 Occupation Nationality All apointments
(active/resigned)
Active Claire Louise BURNS 30 Jun 2024 10 Nov 2024 1 - 0
Resigned Leigh Antony WILCOX 07 Sep 2012 30 Jun 2024 British 0 - 1
Resigned Andrew David BRIGGS 01 May 2007 07 Sep 2012 British 0 - 30
Resigned Kevin Robert WILLS 12 Jul 2004 01 May 2007 British 0 - 37
Resigned EVER 1058 LIMITED 24 Nov 2000 12 Jul 2004 0 - 30
Resigned Karen RICHARDSON 01 Aug 1994 24 Nov 2000 British 0 - 47
Resigned NOVAR SECRETARIAL SERVICES LIMITED 02 Aug 1994 2 - 89

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Leigh Antony WILCOX 30 Jun 2024 Director British 7 - 00 (0.0%)
Resigned Annette BORÉN 22 Nov 2023 30 Jun 2024 Chief Financial Officer Swedish 0 - 80 (0.0%)
Resigned George John LETHAM 25 Feb 2004 22 Nov 2023 Company Director British 0 - 3725 (67.6%)
Resigned David Allan FARLEY 29 Apr 2002 15 Jun 2005 Company Director British 0 - 266 (23.1%)
Resigned Richard Andrew CONNELL 29 Mar 2001 25 Sep 2013 Director British 0 - 6733 (49.3%)
Active Trevor Terence HARVEY 29 Mar 2001 Chief Executive Officer British 8 - 3526 (60.5%)
Resigned Christopher John WHITELL 23 Nov 2000 26 Feb 2003 Accountant British 1 - 162 (11.8%)
Resigned Charles Richard HASTINGS 30 Jun 1999 27 Jul 2001 Director British 2 - 120 (0.0%)
Resigned Brian MCCLUSKIE 30 Jun 1999 03 Dec 1999 Director British 0 - 42 (50.0%)
Resigned Neil Edward SIFORD 25 Jun 1999 23 Nov 2000 Director British 0 - 198 (42.1%)
Resigned Andrew David SEDDON 03 Aug 1998 25 Jun 1999 Company Director British 3 - 3014 (42.4%)
Resigned Kashyap PANDYA 27 Apr 1998 04 Jun 1999 Engineer British 0 - 219 (42.9%)
Resigned Stuart Stacy ROLLAND 27 Apr 1998 30 Jun 1999 Director British 0 - 80 (0.0%)
Resigned John CARRIER 27 Apr 1998 30 Jun 1999 Director British 0 - 60 (0.0%)
Resigned Andrew John MOSS 01 Oct 1997 11 Sep 1998 Chartered Accountant British 0 - 166 (37.5%)
Resigned Simon Crane WHEELER 01 Oct 1997 30 Dec 1998 Company Director British 0 - 329 (28.1%)
Resigned Axela SCHULMEYER 01 May 1996 31 Aug 1998 European Operations Direct German 0 - 10 (0.0%)
Resigned Sebastian Martinus Josephus VAN DEN HOVEN 01 May 1996 31 Mar 1998 Director Dutch 0 - 10 (0.0%)
Resigned David Anthony HEY 14 Feb 1996 28 Feb 1999 Director British 0 - 175 (29.4%)
Resigned Robert John Henry MILLS 26 Jan 1996 17 Apr 1998 Director British 1 - 3219 (57.6%)
Resigned Laurence VINE CHATTERTON 19 Sep 1995 31 Jan 1996 Director British 0 - 81 (12.5%)
Resigned Robert Ian THORNEWELL 29 Dec 1994 14 Feb 1996 Company Director British 0 - 20 (0.0%)
Resigned David Ward TILMAN 29 Dec 1994 22 Dec 1995 Company Director British 2 - 6318 (27.7%)
Resigned Juergen FREUND 01 Aug 1994 26 Jan 1996 Company Director German 0 - 81 (12.5%)
Resigned Paul PARKIN 01 Aug 1994 23 Nov 2000 Director British 1 - 61 (14.3%)
Resigned NOVAR NOMINEES LIMITED 02 Aug 1994 3 - 9859 (58.4%)
Number of active directors: 2
Average tenure of active directors: 12.0 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 30.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
KOHLER MIRA LIMITED (00252115) - Active
IDEAL BOILERS LIMITED (00322137) - Active
BOILER AND RADIATOR MANUFACTURERS ASSOCIATION LIMITED(THE) (00371055) - Active
ENDRIGHT LTD (00412935) - Liquidation
PURMO GROUP (UK) LTD (00653648) - Active
KESTON HOLDINGS LIMITED (00795957) - Dissolved
CARADON HEATING LIMITED (01744824) - Dissolved
HENRAD (U.K.) LIMITED (01857795) - Active
STELRAD LIMITED (02263368) - Active
THE FRIARY (BAMBURGH) MANAGEMENT CO. LIMITED (03065031) - Active
KESTON BOILERS LIMITED (03544589) - Active
STELRAD RADIATOR HOLDINGS LIMITED (03983125) - Active
KOHLER SHOWERS HOLDINGS LIMITED (03983133) - Active
CARADON RADIATORS HOLDINGS LIMITED (03983137) - Dissolved
NATURAL SUSTAINABLE ENERGY RESOURCES LIMITED (04011009) - Active - Proposal to Strike off
CARADON PLUMBING SOLUTIONS LIMITED (04011010) - Dissolved
CARADON BIDCO 6 LIMITED (04048935) - Dissolved
CARADON BOILERS HOLDINGS LIMITED (04048959) - Dissolved
ISG BOILER HOLDINGS LIMITED (04048962) - Active
IDEAL STELRAD GROUP LIMITED (04049013) - Active - Proposal to Strike off
CARADON STELRAD LIMITED (04049017) - Dissolved
STELRAD GROUP LIMITED (04049020) - Dissolved
STELRAD BATHROOM PRODUCTS LIMITED (04049023) - Dissolved
STELRAD MANAGEMENT LIMITED (04049093) - Active
IDEAL HEATING LIMITED (04049211) - Active - Proposal to Strike off
CARADON PLUMBING LIMITED (04049216) - Active - Proposal to Strike off
KESTON BOILERS SALES LIMITED (04590889) - Dissolved
BLADEPARK LIMITED (05419441) - Dissolved
BLADEPLACE LIMITED (05419451) - Dissolved
BANDWOOD LIMITED (05420025) - Active
CORKGROVE LIMITED (05420175) - Dissolved
WARMSURE LIMITED (05769525) - Active
BANGLEFLAME LIMITED (06138636) - Dissolved
IDEAL THERMASOL LIMITED (06839817) - Dissolved
WOOLAMAI GROUP UK LIMITED (06953890) - Active
WOOLAMAI HOLDINGS (UK) LIMITED (06953891) - Dissolved
ISG HOLDINGS 1 LIMITED (08582223) - Dissolved
ISG HOLDINGS 2 LIMITED (08582275) - Dissolved
ISG HOLDINGS FINANCE LIMITED (08582415) - Dissolved
IDEAL STELRAD LIMITED (08582476) - Liquidation
TERMO TEKNIK HOLDINGS LIMITED (08675277) - Active
STELRAD RADIATOR GROUP LIMITED (09206478) - Active
STELRAD GROUP PLC (13670010) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-282015-02-282014-02-282013-02-282012-02-28
STELRAD RADIATOR HOLDINGS LIMITEDORDINARY5,000,000
100%
5,000,000
100%
0
0%
0
0%
0
0%
ISG RADIATOR HOLDINGS LIMITEDORDINARY0
0%
0
0%
5,000,000
100%
5,000,000
100%
5,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

STELRAD LIMITED

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
2024-01-01 2024-06-30 39 15% 4% 87270
2023-07-01 2023-12-31 41 18% 3% 80957
2023-01-01 2023-06-30 39 15% 5% 72645
2022-07-01 2022-12-31 35 14% 6% 67592
2022-01-01 2022-06-30 41 21% 3% 59383
2021-07-01 2021-12-31 46 25% 9% 52998
2021-01-01 2021-06-30 38 16% 7% 48559
2020-07-01 2020-12-31 39 17% 5% 41059
2020-01-01 2020-06-30 41 20% 6% 34207
2019-07-01 2019-12-31 39 19% 7% 26256
2019-01-01 2019-06-30 % % 17524
2019-01-01 2019-06-30 39 18% 7% 17526
2018-07-01 2018-12-31 41 17% 7% 10393
2018-01-01 2018-06-30 38 15% 9% 3162


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 25210 Manufacture of central heating radiators and boilers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BOSCH THERMOTECHNOLOGY LTD COTSWOLD WAY, WARNDON, WORCESTER, WR4 9SW 01993294 2017-12-31 517,300,000 89,100,000
BAXI HEATING UK LIMITED BROOKS HOUSE, COVENTRY ROAD, WARWICK, WARWICKSHIRE, CV34 4LL 03879156 2017-12-31 329,947,000 18,222,000
STELRAD LIMITED 69-75 SIDE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 3JE 02263368 2017-12-31 75,881,000 -2,922,000
RETTIG (UK) LIMITED EASTERN AVENUE, TEAM VALLEY TRADING ESTATE, GATESHEAD, TYNE & WEAR, NE11 0PG 00653648 2017-12-31 65,972,000 1,985,000
AQUATHERM HEAT TRANSFER(PERSHORE) LTD UNIT 20A, PERSHORE TRADING ESTATE, PERSHORE, WORCESTERSHIRE, WR10 2DD 09193553 2017-08-31 219,192 0
ACCUHEAT LIMITED 45 UPLANDS ROAD, OADBY, LEICESTER, ENGLAND, LE2 4NT 07468972 2018-12-31 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
STELRAD 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
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