NORTHERN TRANSPORT FINANCE LIMITED

LLOYDS COURT, 78 GREY STREET, NEWCASTLE UPON TYNE, NE1 6AF

Company Number: 02311977
Incorporation date: 02-Nov-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors





SUMMARY

This company is 35.4 years old and is currently active. It is controlled by Northern Electric Plc. The company has negative equity (net assets) of GBP -9.6 million which has worsened since the previous year's figure of GBP -9.4 million. The latest reported revenue figure is GBP 1 million which is similar to the previous year's figure of GBP 1.1 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -2.6 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 29 other companies. 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-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 1,046,000 282,000 17,000 24,000 4,000 229,000
31-Dec-2018 GBP 1,056,000 505,000 17,000 24,000 95,000 403,000
31-Dec-2017 GBP 1,087,000 242,000 4,000 47,000 181,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 725,000 5,271,000 852,000 -7,000,000 -2,603,000 -9,603,000
31-Dec-2018 GBP 1,134,000 6,810,000 1,252,000 -7,000,000 -2,374,000 -9,374,000
31-Dec-2017 GBP 1,964,000 6,893,000 3,159,000 7,000,000 1,971,000 8,971,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 200.00% -14,000,000 7,000,000 -7,000,000 30,500
* 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 Jennifer Catherine RILEY 20 Jan 2017 29 Mar 2024 1 - 0
Resigned John ELLIOTT 06 Apr 2001 20 Jan 2017 British 1 - 107
Resigned Gail Valerie GILES 28 Nov 1991 06 Apr 2001 Chartered Secretary British 0 - 49
Resigned Gail Valerie GILES 06 Apr 2001 0 - 49

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Alexander Patrick JONES 11 Nov 2022 Accountant British 19 - 00 (0.0%)
Active Thomas Hugh FRANCE 31 Jan 2017 Lawyer British 19 - 30 (0.0%)
Resigned Stephen John LOCKWOOD 01 Apr 2014 11 Nov 2022 Accountant British 3 - 71 (10.0%)
Active Philip Antony, Dr JONES 16 Oct 2009 President & Chief Executive Officer British 20 - 81 (3.6%)
Resigned Thomas Edward FIELDEN 16 Oct 2009 15 Feb 2021 Chartered Accountant British 4 - 241 (3.6%)
Resigned Paul AINSLEY 14 Sep 1999 31 Mar 2014 Accountant British 0 - 3010 (33.3%)
Resigned Phillip Eric CONNOR 15 Jun 1999 16 Oct 2009 Engineer English 0 - 4513 (28.9%)
Resigned Kenneth LINGE 31 Mar 1997 16 Oct 2009 Accountant British 0 - 4312 (27.9%)
Resigned Gregory Edward ABEL 28 Jan 1997 16 Oct 2009 Chartered Accountant Canadian 0 - 317 (22.6%)
Resigned Ronald DIXON 29 Jul 1996 31 Jul 1997 Electrical Engineer British 0 - 326 (18.8%)
Resigned John Frederick EDWARDS 11 Aug 1995 31 Mar 1997 Finance Director British 0 - 9037 (41.1%)
Resigned Antony HADFIELD 23 Nov 1994 28 Jan 1997 Chief Executive British 0 - 234 (17.4%)
Resigned Paul Spencer WOOD 23 Nov 1994 25 Sep 2003 Transport Manager British 0 - 92 (22.2%)
Resigned George William Hunter HOOK 09 Mar 1994 28 Jun 1996 Electrical Engineer British 0 - 81 (12.5%)
Resigned Richard Charles TAYLOR 09 Mar 1994 14 Sep 1999 Financial Controller British 0 - 174 (23.5%)
Resigned Ronald DIXON 28 Nov 1991 09 Mar 1994 Electrical Engineer British 0 - 326 (18.8%)
Resigned Alan GROVES 01 May 1991 11 Aug 1995 Accountant British 0 - 292 (6.9%)
Resigned Ronald DIXON 09 Mar 1994 Electrical Engineer British 0 - 326 (18.8%)
Resigned Alan GROVES 11 Aug 1995 Accountant British 0 - 292 (6.9%)
Number of active directors: 3
Average tenure of active directors: 7.7 years
Average tenure of resigned directors: 6.1 years
Average active director Dissolution Rate: 1.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NORTHERN TRANSPORT FINANCE LIMITED (02311977) - Active
NORTHERN ELECTRIC PLC (02366942) - Active
YORKSHIRE ELECTRICITY GROUP PLC (02366995) - Active
NORTHERN ELECTRIC PROPERTIES LIMITED (02522939) - Active
CALENERGY GAS (HOLDINGS) LIMITED (02772202) - Active
NORTHERN ELECTRIC & GAS LIMITED (02772271) - Active
NORTHERN POWERGRID (NORTHEAST) PLC (02906593) - Active
INTEGRATED UTILITY SERVICES LIMITED (02964844) - Active
NORTHERN ELECTRIC FINANCE PLC (03070482) - Active
YORKSHIRE POWER GROUP LIMITED (03227432) - Active
NORTHERN POWERGRID UK HOLDINGS (03270696) - Active
NORTHERN POWERGRID LIMITED (03271033) - Active
ELECTRALINK LIMITED (03271981) - Active
YORKSHIRE HOLDINGS PLC (03321179) - Dissolved
NORTHERN POWERGRID HOLDINGS COMPANY (03476201) - Active
CE ELECTRIC SERVICES LIMITED (03859158) - Active
NORTHERN POWERGRID (YORKSHIRE) PLC (04112320) - Active
NORTHERN POWERGRID GAS LIMITED (04328138) - Active
CALENERGY GAS LIMITED (04370508) - Active
CALENERGY RESOURCES LIMITED (04508881) - Active
ENERGY NETWORKS ASSOCIATION LIMITED (04832301) - Active
IAM TRADING LIMITED (04990747) - Active
THE INSTITUTE OF ASSET MANAGEMENT (05056259) - Active
CALENERGY RESOURCES (AUSTRALIA) LIMITED (06550141) - Active
NEW SCHOOLS NETWORK (06953650) - Active
NORTHERN POWERGRID METERING LIMITED (07647856) - Active
FIVE TOWNS CHRISTIAN FELLOWSHIP (08403880) - Active
PONTEFRACT ACADEMIES TRUST (08445158) - Active
CALENERGY RESOURCES (UK) LIMITED (11999607) - Active
IUS IRELAND LIMITED (FC027454) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-06-292015-07-092014-07-092013-07-092012-07-09
NORTHERN ELECTRIC PLCORDINARY7,000,000
100%
7,000,000
100%
7,000,000
100%
7,000,000
100%
7,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

NORTHERN TRANSPORT FINANCE LIMITED

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: 64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BMW FINANCIAL SERVICES (GB) LIMITED SUMMIT ONE, SUMMIT AVENUE, FARNBOROUGH, ENGLAND, GU14 0FB 01288537 2017-12-31 870,090,000 231,774,000
CAPITAL ONE (EUROPE) PLC TRENT HOUSE, STATION STREET, NOTTINGHAM, NG2 3HX 03879023 2017-12-31 566,574,000 166,706,000
PARAGON BANKING GROUP PLC 51 HOMER ROAD, SOLIHULL, WEST MIDLANDS, UNITED KINGDOM, B91 3QJ 02336032 2018-09-30 451,900,000 145,800,000
PROVIDENT PERSONAL CREDIT LIMITED NO. 1, GODWIN STREET, BRADFORD, WEST YORKSHIRE, BD1 2SU 00146091 2018-12-31 339,900,000 -81,800,000
NEWDAY CARDS LTD 7 HANDYSIDE STREET, LONDON, ENGLAND, N1C 4DA 04134880 2018-12-31 259,100,000 26,200,000
RCI FINANCIAL SERVICES LIMITED RIVERS OFFICE PARK DENHAM WAY, MAPLE CROSS, RICKMANSWORTH, ENGLAND, WD3 9YS 03302462 2017-12-31 234,871,000 35,078,000
AMIGO LOANS LTD UNIT 11A,, THE AVENUE CENTRE, BOURNEMOUTH, ENGLAND, BH2 5RP 04841153 2018-03-31 210,600,000 72,200,000
ARROW GLOBAL LIMITED BELVEDERE, 12 BOOTH STREET, MANCHESTER, UNITED KINGDOM, M2 4AW 05606545 2017-12-31 153,292,000 2,254,000
CREATION CONSUMER FINANCE LIMITED WELLINGTON BUILDINGS 6TH FLOOR, WELLINGTON BUILDINGS, 2 - 4 WELLINGTON STREET, BELFAST, NORTHERN IRELAND, BT1 6HT NI032565 2017-12-31 127,785,000 29,541,000
HOME RETAIL GROUP CARD SERVICES LIMITED 33 HOLBORN, LONDON, ENGLAND, EC1N 2HT 04007072 2018-02-28 127,117,000 9,734,000
PREMIUM CREDIT LIMITED ERMYN HOUSE, ERMYN WAY, LEATHERHEAD, ENGLAND, KT22 8UX 02015200 2017-12-31 119,133,000 43,946,000
CREATION FINANCIAL SERVICES LIMITED CHADWICK HOUSE, BLENHEIM COURT, SOLIHULL, WEST MIDLANDS, B91 2AA 01091883 2017-12-31 86,676,000 28,024,000
ADVANTAGE FINANCE LIMITED 2 STRATFORD COURT C/O S&U PLC CRANMORE BOULEVARD, SHIRLEY, SOLIHULL, ENGLAND, B90 4QT 03773673 2018-01-31 78,882,000 24,458,000
S.D. TAYLOR LIMITED 11TH FLOOR LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB 00550055 2017-12-31 50,741,000 1,513,000
WELLS FARGO CAPITAL FINANCE (UK) LIMITED 33 KING WILLIAM STREET, LONDON, UNITED KINGDOM, EC4R 9AT 02656007 2017-12-31 48,978,000 20,394,000
BLEMAIN FINANCE LIMITED LAKE VIEW, LAKESIDE, CHEADLE, CHESHIRE, SK8 3GW 01185052 2018-06-30 47,500,000 8,800,000
FIRST RESPONSE FINANCE LIMITED 5 REGAN WAY, CHETWYND BUSINESS PARK, CHILWELL, NOTTINGHAM, NOTTINGHAMSHIRE, UNITED KINGDOM 03560611 2018-03-31 41,023,376 11,684,534
THE CAR FINANCE COMPANY (2007) LTD THE OLD TOWN HALL, 71 CHRISTCHURCH ROAD, RINGWOOD, BH24 1DH 06060536 2018-06-30 21,835,000 -16,791,000
OAKMORE INVESTMENTS LIMITED 98 LIVERPOOL ROAD, FORMBY, LIVERPOOL, ENGLAND, L37 6BS 10321045 2017-12-31 20,334,041 0
MUTUAL CLOTHING & SUPPLY COMPANY LIMITED 39/43 BEDFORD STREET SOUTH, LEICESTER, LE1 3JN 00181701 2017-12-31 19,464,000 965,000
PARAGON FINANCE PLC 51 HOMER ROAD, SOLIHULL, WEST MIDLANDS, B91 3QJ 01917566 2018-09-30 13,244,000 12,255,000
PARTNERSHIP HOME LOANS LIMITED ENTERPRISE HOUSE, BANCROFT ROAD, REIGATE, SURREY, ENGLAND, RH2 7RP 05108846 2017-12-31 118,339 -447,895
CLB GLOBAL GROUP LTD 21 THE GATEWAY, WATFORD, HERTFORDSHIRE, WD18 7HW 07011241 2018-12-31 60,083 0
ROBIN OF HEATHFIELD LIMITED ELDERBURY HOUSE, HOWARDS THICKET, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 7NU 09245948 2018-09-30 18,417 0
RAVSPEED LTD 12 VICTORIA BUNGALOWS, MAIDSTONE ROAD, SIDCUP, ENGLAND, DA14 5BB 09442820 2018-03-31 14,489 0
REVLINK LIMITED UNIT 53 CARIOCCA BUSINESS PARK 2 HELLIDON CLOSE, ARDWICK, MANCHESTER, ENGLAND, M12 4AH 07209905 2018-03-31 800 0 68209-Other letting and operating of own or leased real estate
70210-Public relations and communications activities
70229-Management consultancy activities other than financial management
GLF LIMITED 7 PORCHESTER PLACE, LONDON, ENGLAND, W2 2BS 06758130 2017-12-31 0 0
ARROW GLOBAL INVESTMENTS HOLDINGS LIMITED BELVEDERE, 12 BOOTH STREET, MANCHESTER, UNITED KINGDOM, M2 4AW 06568603 0000-00-00 0 0
INTERNATIONAL PERSONAL FINANCE PLC 26 WHITEHALL ROAD, LEEDS, UNITED KINGDOM, LS12 1BE 06018973 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
NORTHERN TRANSPORT FINANCE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.5% 3.3% 9.3% Medium
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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