ZEON CHEMICALS EUROPE LIMITED

HILL HOUSE, 1 LITTLE NEW STREET, LONDON, LONDON, EC4A 3TR

Company 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-2018
Accounts 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**
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 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 - 01 (100.0%)
Resigned Hiroki MIZUNO 11 Oct 2012 29 Oct 2012 None Japanese 0 - 21 (50.0%)
Resigned Shinji KOMIYAMA 29 Apr 2009 01 Oct 2014 Director Japanese 0 - 21 (50.0%)
Resigned Yuzo KURODA 15 May 2007 01 Apr 2011 Managing Director Japanese 0 - 11 (100.0%)
Resigned Toshiaki SAYA 01 Sep 2005 16 Jul 2008 Deputy Md Japanese 0 - 31 (33.3%)
Resigned Hirofumi IMAI 01 Sep 2005 15 May 2007 Managing Director Japanese 0 - 21 (50.0%)
Resigned Toshio MARUYAMA 30 Jun 1999 01 Oct 2001 Managing Director Japanese 0 - 21 (50.0%)
Resigned Nobuhide HADA 26 Apr 1996 30 Jun 1999 Director And General Manager British 0 - 21 (50.0%)
Number of active directors: 1
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
2016-05-142015-05-142014-05-142013-05-142012-05-14
ZEON CORPORATIONORDINARY23,300,000
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
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