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ZEON CHEMICALS EUROPE LIMITED
HILL HOUSE, 1 LITTLE NEW STREET, LONDON, LONDON, EC4A 3TRCompany Number: 02343599
Incorporation date: 06-Feb-1989
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
20170 Manufacture of synthetic rubber in primary forms
SUMMARY
This company is 35.2 years old and is currently liquidation. The company has negative equity (net assets) of GBP -233 thousand which has worsened since the previous year's figure of GBP 44.2 million. The latest reported revenue figure is GBP 17 million which is down -60% on the previous year. 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 -23.5 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 1 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: 30-Sep-2018Accounts Filed: FULL (31-Dec-2016)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2016 | GBP | 17,025,000 | 139,000 | ||||
31-Dec-2015 | GBP | 38,807,000 | -14,095,000 | 2,000 | 1,013,000 | -15,157,000 | |
31-Dec-2014 | GBP | 41,298,000 | 566,000 | 2,000 | 235,000 | 628,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2016 | GBP | 6,446,000 | 13,366,000 | 5,958,000 | 23,300,000 | -23,533,000 | -233,000 | ||
31-Dec-2015 | GBP | 1,567,000 | 16,459,000 | 3,723,000 | 23,300,000 | -21,256,000 | 44,201,000 | ||
31-Dec-2014 | GBP | 451,000 | 16,375,000 | 3,122,000 | 23,300,000 | -6,099,000 | 17,201,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | SECRETARIAL APPOINTMENTS LIMITED | 01 Feb 2011 | 29 Mar 2024 | 59 - 194 | ||
Resigned | Keith Storey GALLON | 13 May 2005 | 31 Jan 2011 | Solicitor | British | 0 - 38 |
Resigned | Keith Storey GALLON | 31 Jan 2011 | 0 - 38 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Haruhiko TAKAHASHI | 01 Oct 2014 | Company Director | Japanese | 1 - 0 | 1 (100.0%) | |
Resigned | Hiroki MIZUNO | 11 Oct 2012 | 29 Oct 2012 | None | Japanese | 0 - 2 | 1 (50.0%) |
Resigned | Shinji KOMIYAMA | 29 Apr 2009 | 01 Oct 2014 | Director | Japanese | 0 - 2 | 1 (50.0%) |
Resigned | Yuzo KURODA | 15 May 2007 | 01 Apr 2011 | Managing Director | Japanese | 0 - 1 | 1 (100.0%) |
Resigned | Toshiaki SAYA | 01 Sep 2005 | 16 Jul 2008 | Deputy Md | Japanese | 0 - 3 | 1 (33.3%) |
Resigned | Hirofumi IMAI | 01 Sep 2005 | 15 May 2007 | Managing Director | Japanese | 0 - 2 | 1 (50.0%) |
Resigned | Toshio MARUYAMA | 30 Jun 1999 | 01 Oct 2001 | Managing Director | Japanese | 0 - 2 | 1 (50.0%) |
Resigned | Nobuhide HADA | 26 Apr 1996 | 30 Jun 1999 | Director And General Manager | British | 0 - 2 | 1 (50.0%) |
Average tenure of active directors: 9.5 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 100.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||
---|---|---|
ZEON CHEMICALS EUROPE LIMITED (02343599) - Liquidation | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-05-14 | 2015-05-14 | 2014-05-14 | 2013-05-14 | 2012-05-14 | ||
ZEON CORPORATION | ORDINARY | 23,300,000 100% | 23,300,000 100% | 23,300,000 100% | 23,300,000 100% | 23,300,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
ZEON CHEMICALS EUROPE 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:
20170 Manufacture of synthetic rubber in primary forms)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
PRIMASIL SILICONES LIMITED | TRELLEBORG INTERNATIONAL DRIVE, TEWKESBURY BUSINESS PARK, TEWKESBURY, GLOUCESTERSHIRE, ENGLAND, GL20 8UQ | 01357452 | 2018-04-30 | 12,937,399 | 0 |
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH 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 |
---|---|---|---|---|
Company status | 100.0% | 99.4% | 99.9% | High |
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 |