FORCE INDIA FORMULA ONE TEAM LIMITED

2ND FLOOR 110 CANNON STREET, LONDON, EC4N 6EU, EC4N 6EU

Company Number: 02417588
Incorporation date: 29-Aug-1989
Status: Liquidation
Company type: Private Limited Company

SIC codes:
29100 Manufacture of motor vehicles
29320 Manufacture of other parts and accessories for motor vehicles





FINANCIALS (BETA)


Accounts Filed: FULL

P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2016 GBP 77,163,000 -22,329,000 -11,599,000
31-Dec-2015 GBP 64,259,000 -18,677,000 465,000 -6,809,000
31-Dec-2013 GBP 43,770,000 -46,947,000 8,000 1,900,000 10,356,000 -38,483,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2016 GBP 222,000 8,177,000 54,832,000 573,000 80,010,000 -275,466,000 -36,303,000
31-Dec-2015 GBP 867,000 7,975,000 39,507,000 117,000 80,010,000 -263,867,000 -27,924,000
31-Dec-2013 GBP 5,543,000 13,120,000 49,127,000 80,010,000 -245,109,000 -33,761,000

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Sankaranarayanan RAMAMURTHY 2009-11-02 1 - 0
Resigned MISSLING, Patrick, Dr 2006-09-28 2009-11-02 0 - 3
Resigned CALVERT, Margaret Elizabeth 2005-06-06 2006-09-28 1 - 17
Resigned YOUNG, Peter Alan 2005-02-08 2005-06-06 0 - 3
Resigned JORDAN, Marie Patricia 1997-12-01 2005-01-21 2 - 6
Resigned JORDAN, Marie Patricia 0000-00-00 2005-01-21 Irish 2 - 6

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active BUNKER, Anthony George 15 May 2017 Consultant British 1 - 34 (100.0%)
Active FERNLEY, Robert George 27 Oct 2011 Director British 5 - 1114 (87.5%)
Active ROY, Sushanto 27 Oct 2011 Director Indian 4 - 26 (100.0%)
Active SAHARA, Subrata Roy 27 Oct 2011 Director Indian 2 - 24 (100.0%)
Active SARKAR, Abhijit 27 Oct 2011 Director Indian 1 - 23 (100.0%)
Active WADHWA, Sandeep 27 Oct 2011 Director Indian 1 - 23 (100.0%)
Active ROY, Sushanto 27 Oct 2011 Director Indian 4 - 26 (100.0%)
Resigned NEDUNGADI, Ayani Kurussi Ravindranath 02 Nov 2009 15 May 2017 Cfo Indian 0 - 33 (100.0%)
Resigned MALLYA, Vijay, Dr 02 Nov 2009 24 May 2018 Team Principal Indian 0 - 33 (100.0%)
Active LAKSHMI KANTHAN, Thiruvannamalai Venkatesan 09 Jan 2009 Consultant British 16 - 3321 (42.9%)
Resigned Victor Roberto MULLER 28 Sep 2006 05 Oct 2007 Chief Executive Officer Dutch 0 - 33 (100.0%)
Resigned Richard BORSBOOM 28 Sep 2006 19 Mar 2009 Chief Finanical Officer Dutch 0 - 44 (100.0%)
Resigned JAHRIA, Oedithnarain 28 Sep 2006 01 Jul 2007 Managing Director Dutch 0 - 11 (100.0%)
Resigned MOL, Michiel 28 Sep 2006 29 Sep 2011 Director Of F1 Racing Dutch 0 - 33 (100.0%)
Resigned KOLLES, Colin, Dr 21 Jan 2005 31 Oct 2009 Director German 0 - 33 (100.0%)
Resigned SHNAIDER, Alexander 21 Jan 2005 28 Sep 2006 Director Canadian 0 - 119 (81.8%)
Resigned PRYOR, Martin Thomas 21 Jan 2005 28 Sep 2006 Company Director British 0 - 119 (81.8%)
Resigned Derek Robin ROE 21 Jan 2005 28 Sep 2006 Director British 1 - 55 (83.3%)
Resigned SCHULL, Joseph 01 Feb 2001 26 Sep 2003 Finance Canadian 0 - 43 (75.0%)
Resigned LOWCOCK, Nicholas 05 Nov 1998 01 Feb 2001 Vice President British 0 - 106 (60.0%)
Resigned SHORTHOUSE, Dominic Hugh 05 Nov 1998 15 Mar 2004 Managing Director British 6 - 4223 (47.9%)
Resigned JORDAN, Edmund Patrick 01 Dec 1997 21 Jan 2005 Race Team Manager Irish 0 - 77 (100.0%)
Resigned JORDAN, Marie Patricia 22 Dec 1995 21 Jan 2005 Company Director Irish 2 - 66 (75.0%)
Resigned JORDAN, Edmund Patrick 30 Nov -0001 21 Jan 2005 Race Team Manager Irish 0 - 77 (100.0%)
Number of active directors: 8
Average tenure of active directors: 10.8 years
Average tenure of resigned directors: 3.9 years
Average active director Dissolution Rate: 91.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
STEEL BROTHERS AND COMPANY LIMITED (00032668 ) - Active
BLANTYRE MANAGEMENT LIMITED (01430245 ) - Active - Proposal to Strike off
UNITED BREWERIES INTERNATIONAL (U.K.) LIMITED (01688201 ) - Active
FORCE INDIA FORMULA ONE TEAM LIMITED (02417588 ) - Liquidation
FOOTWEAR ENTERPRISES LIMITED (02594270 ) - Dissolved
BLANTYRE FINANCE LIMITED (02725381 ) - Dissolved
BLANTYRE PROPERTIES LIMITED (02725715 ) - Dissolved
BUSH HALL HOTEL LIMITED (03220503 ) - Dissolved
FORCE INDIA BRAND LIMITED (03468947 ) - Dissolved
FORCE INDIA FORMULA ONE LIMITED (03660294 ) - Dissolved
AQUACULTURE INVESTMENTS LIMITED (04407922 ) - Dissolved
SAN SOFT EUROPE LIMITED (04816835 ) - Dissolved
SENSOR DATA SERVICES LIMITED (04873255 ) - Active
FXA WORLD LIMITED (05182873 ) - Dissolved
KEDBROOKE INDUSTRIES LIMITED (05379278 ) - Active
CARRY MY CASE LIMITED (05396983 ) - Active
LANDMARK FASHION DESIGNS LIMITED (05479958 ) - Dissolved
BMFI LIMITED (05544593 ) - Active
SARVA SHRI LIMITED (05551909 ) - Active
VENKATA SHRI LIMITED (05551924 ) - Active
SHRI LIMITED (05551930 ) - Active
CONCORD IT SERVICES LTD (05717568 ) - Active
(05717572 )
(05717584 )
VAMANA LIMITED (05717596 ) - Dissolved
AQUACULTURE PRODUCTS & SERVICES LIMITED (06307698 ) - Dissolved
CONSULT AND SUPPLY LIMITED (06488178 ) - Active
KINGFISHER AIRLINES (INTERNATIONAL) LIMITED (06512669 ) - Dissolved
KINGFISHER AIRLINES (UK) LIMITED (06523982 ) - Dissolved
PORT MANAGEMENT LIMITED (06706747 ) - Active
SNUG AS A BUG LTD (07198744 ) - Dissolved
AAMBY VALLEY (UK) LIMITED (08134296 ) - Active - Proposal to Strike off
CONTINENTAL SERVICES LIMITED (08863790 ) - Active
ASR PROPERTY SOLUTIONS LTD (09605076 ) - Active
PALACE ENTERPRISES LIMITED (10591888 ) - Active
ARANA INVESTMENTS LIMITED (10995825 ) - Dissolved
FORCE FORMULA ONE TEAM LTD (11065542 ) - Dissolved
TIERRA BLANCA LIMITED (11345553 ) - Active
VENKATAM PROPERTIES LIMITED (11353810 ) - Active
FAST TRACK MOTORSPORTS LTD (13173750 ) - Active
MCDOWELL & CO. (SCOTLAND) LTD. (SC145242 ) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-08-292014-08-292013-08-292012-08-292011-08-29
ORANGE INDIA HOLDINGS S.A.R.LORDINARY80,010,000
100%
80,010,000
100%
80,010,000
100%
80,010,000
100%
0
0%
FORCE INDIA FORMULA ONE LIMITEDORDINARY0
0%
0
0%
0
0%
0
0%
10,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

FORCE INDIA FORMULA ONE TEAM 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
2018-01-01 2018-06-30 59 39% 52% 3688


COURT CASES


Date Title Reference Subject
2019-09-18 AMP Advisory & Management Partners AG v Force India Formula One Team Ltd [2019] EWHC 2426 (Comm)
2019-09-18 AMP Advisory & Management Partners AG v Force India Formula One Team Ltd [2019] EWHC 2426 (Comm)
2013-07-19 Force India Formula One Team Ltd v Aerolab SRL & Anor [2013] EWCA civ 780
2010-10-06 Force India Formula One Team Ltd v Etihad Airways PJSC & Anor [2010] EWCA Civ 1051
2010-09-24 Giedo Van Der Garde BV & Anor v Force India Formula One Team Ltd [2010] EWHC 2373 (QB)
2009-11-04 Force India Formula One Team Ltd v Etihad Airways PJSC & Anor [2009] EWHC 2768 (QB)

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 29100 Manufacture of motor vehicles)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
JAGUAR LAND ROVER LIMITED , , ABBEY ROAD, WHITLEY, COVENTRY, , , CV3 4LF 01672070 2018-03-31 21,945,000,000 545,000,000
FORD MOTOR COMPANY LIMITED , , ARTERIAL ROAD, , LAINDON, ESSEX, ENGLAND, SS15 6EE 00235446 2017-12-31 12,863,000,000 618,000,000 29320-Manufacture of other parts and accessories for motor vehicles
45111-Sale of new cars and light motor vehicles
NISSAN MOTOR MANUFACTURING (UK) LIMITED , , WASHINGTON ROAD, SUNDERLAND, TYNE AND WEAR, , , SR5 3NS 01806912 2018-03-31 6,260,659,000 115,302,000
VAUXHALL MOTORS LIMITED , , PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, WEST MIDLANDS, , CV3 1ND 00135767 2017-12-31 3,676,400,000 109,000,000
HONDA OF THE U.K. MANUFACTURING LIMITED , , 1 MORE LONDON PLACE, , LONDON, , , SE1 2AF 01887872 2018-03-31 2,608,166,000 26,270,000
TOYOTA MOTOR MANUFACTURING (UK) LIMITED , , BURNASTON, DERBY, , , , DE1 9TA 02352348 2018-03-31 2,479,634,000 -252,854,000
BENTLEY MOTORS LIMITED , , PYM'S LANE, CREWE, CHESHIRE, , , CW1 3PL 00992897 2017-12-31 1,593,800,000 -4,200,000
IBC VEHICLES LIMITED , , . KIMPTON ROAD, , LUTON, , ENGLAND, LU2 0JX 02091272 2017-12-31 805,893,000 17,297,000
ASTON MARTIN LAGONDA LIMITED , , BANBURY ROAD, GAYDON, WARWICK, , , CV35 0DB 01199255 2017-12-31 771,090,000 119,039,000
LEYLAND TRUCKS LIMITED , , 9400 GARSINGTON ROAD, OXFORD BUSINESS PARK, OXFORD, , , OX4 2HN 02814092 2017-12-31 744,741,000 17,063,000
ALEXANDER DENNIS LIMITED , , 9 CENTRAL BOULEVARD, , LARBERT, , UNITED KINGDOM, FK5 4RU SC268016 2017-12-31 577,007,000 19,734,000
MCLAREN AUTOMOTIVE LIMITED , , MCLAREN TECHNOLOGY CENTRE, CHERTSEY ROAD, WOKING, SURREY, , GU21 4YH 01967717 2017-12-31 526,916,000 -42,563,000 45111-Sale of new cars and light motor vehicles
ROLLS-ROYCE MOTOR CARS LIMITED COMPANY SECRETARY, , SUMMIT ONE, SUMMIT AVENUE, FARNBOROUGH, HAMPSHIRE, , GU14 0FB 03522604 2017-12-31 422,489,000 21,032,000 45111-Sale of new cars and light motor vehicles
BAE SYSTEMS GLOBAL COMBAT SYSTEMS LIMITED , , HADLEY CASTLE WORKS, PO BOX 106, TELFORD, , , TF1 6QW 00414948 2017-12-31 184,000,000 19,000,000
AUTO-SLEEPERS GROUP LIMITED , , ORCHARD WORKS, WILLERSEY, BROADWAY, WORCESTERSHIRE, , WR12 7QF 03978237 2017-08-31 132,257,595 7,894,990 29203-Manufacture of caravans
JOHNSTON SWEEPERS LIMITED , , CURTIS ROAD, DORKING, SURREY, , , RH4 1XF 00199841 2017-12-31 89,488,000 6,698,000
FORCE INDIA FORMULA ONE TEAM LIMITED , , 2ND FLOOR 110 CANNON STREET, , LONDON, EC4N 6EU, , EC4N 6EU 02417588 2016-12-31 77,163,000 -11,599,000 29320-Manufacture of other parts and accessories for motor vehicles
MTCE LIMITED , , C/O BIRKETTS LLP KINGFISHER HOUSE, 1 GILDERS WAY, NORWICH, NORFOLK, ENGLAND, NR3 1UB 02714436 2017-12-31 60,886,279 1,222,531 29320-Manufacture of other parts and accessories for motor vehicles
71129-Other engineering activities
71200-Technical testing and analysis
LONDON EV COMPANY LIMITED , , LI CLOSE, ANSTY PARK, ANSTY, COVENTRY, , ENGLAND, CV7 9RF 08357576 2017-12-31 14,694,000 -40,133,000
BMW (UK) MANUFACTURING LIMITED COMPANY SECRETARY, , SUMMIT ONE, SUMMIT AVENUE, FARNBOROUGH, HAMPSHIRE, , GU14 0FB 03950868 2018-12-31 3,080,456 95,869
JEDI RACING CARS LIMITED , , NETTLEBUSH, FINEDON ROAD, WELLINGBOROUGH, NORTHAMPTONSHIRE, , NN8 4NY 03474790 2018-11-30 164,573 0 32300-Manufacture of sports goods
MIKE CHAMPION ENGINEERING LTD , , MCE PORSCHE, PO BOX 760, BANBURY, , ENGLAND, OX16 6PR 08447434 2018-03-31 98,574 0 71129-Other engineering activities
MIDAS ENGINEERING AND TECHNOLOGY LIMITED , , 10 HAZEL ROAD, BOTLEY, OXFORD, OXON, , OX2 9LF 07089088 2017-11-30 73,847 0 74100-specialised design activities
RAIDI ENGINEERING LTD , , 3RD FLOOR, 207 REGENT STREET, LONDON, , , W1B 3HH 08570826 2019-06-30 73,461 0
COSTA BOGDAN LTD , , 3RD FLOOR, 207 REGENT STREET, LONDON, , , W1B 3HH 08685060 2018-09-30 66,568 0
EAMMB LIMITED , , 3RD FLOOR, 207 REGENT STREET, LONDON, , , W1B 3HH 08654216 2018-08-31 60,165 0
THE AUTO CLINIC LIVERTON LIMITED , , UNIT 24 LANTSBERY DRIVE, LIVERTON INDUSTRIAL ESTATE, LIVERTON MINES, , , TS13 4QZ 08902228 2017-02-28 58,315 0
SYNERGMOTIVE LTD , , 28 KNOT TIERS MEWS, UPTON, NORTHAMPTON, , ENGLAND, NN5 4FS 07855802 2018-11-30 58,110 0
ARLAUR LTD , , 5 BUTCHERS CLOSE, BISHOPS ITCHINGTON, SOUTHAM, WARWICKSHIRE, UNITED KINGDOM, CV47 2PX 10088550 2018-03-31 58,039 0
AISRET LIMITED , , 2 QUAKER CLOSE, FENNY DRAYTON, NUNEATON, WARWICKSHIRE, , CV13 6BS 07965361 2019-02-28 51,881 0
AUTO CONSULTING OFFICE LTD , , 3RD FLOOR, 207 REGENT STREET, LONDON, , , W1B 3HH 08215588 2018-09-30 33,887 0
GS DESIGN CENTER LTD , , 3RD FLOOR, 207 REGENT STREET, LONDON, , , W1B 3HH 08355215 2019-01-31 32,036 0
J.G.H AEROMOTIVE LIMITED , , 2 THAMES HOUSE, , READING, BERKSHIRE, ENGLAND, RG6 7AF 10412941 2017-10-31 31,028 0
DRIVING DAISY LTD , , 51 ALLANTON AVENUE, , PAISLEY, RENFREWSHIRE, , PA1 3BN SC489722 2017-12-31 29,335 0
ADAM RESOLUTION LTD , , 5 HADERA COURT, IVYLEAF CLOSE, REDDITCH, , UNITED KINGDOM, B98 7UD 10657083 2019-03-31 23,571 0
HANNIS ENGINEERING LTD , , 52 PILLEY CRESCENT, , CHELTENHAM, GLOUCESTERSHIRE, , GL53 9ET 09169860 2017-08-31 21,206 0
BELLINI AEROSPACE LTD , , 17 RIVERSIDE RIVERSIDE, HIGHTOWN, LIVERPOOL, , UNITED KINGDOM, L38 0BU 10470134 2018-11-30 4,180 0 30300-Manufacture of air and spacecraft and related machinery
30400-Manufacture of military fighting vehicles
ALTERNATIVE CARS LIMITED , , 10 HAZEL ROAD, BOTLEY, OXFORD, OXFORDSHIRE, , OX2 9LF 04943896 2017-10-31 2,974 0 74100-specialised design activities
THE NARROW CAR COMPANY LIMITED , , OTWAYS QUAY STREET, ORFORD, WOODBRIDGE, SUFFOLK, ENGLAND, IP12 2NU 05031181 2018-02-28 1,666 0 41202-Construction of domestic buildings
71122-Engineering related scientific and technical consulting activities
DOWNTON ENGINEERING WORKS LIMITED , , HIGHCLERE HOUSE, 2 CLARENDON AVENUE, ANDOVER, HAMPSHIRE, , SP10 2LX 02880309 2018-03-31 1,098 0 29320-Manufacture of other parts and accessories for motor vehicles
THE ALVIS CAR COMPANY LIMITED , , COMMON LANE INDUSTRIAL ESTATE, COMMON LANE, KENILWORTH, WARWICKSHIRE, , CV8 2EL 06922352 2018-12-31 0 0
JAGUAR LAND ROVER HOLDINGS LIMITED , , ABBEY ROAD, WHITLEY, COVENTRY, ENGLAND, , CV3 4LF 04019301 0000-00-00 0 0
PACCAR PARTS U.K. LIMITED , , 9400 GARSINGTON ROAD, OXFORD BUSINESS PARK, OXFORD, , ENGLAND, OX4 2HN 02799338 0000-00-00 0 0
PACCAR TRUCKS U.K. LTD , , 9400 GARSINGTON ROAD, OXFORD BUSINESS PARK, OXFORD, , , OX4 2HN 03525173 0000-00-00 0 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 2.1% 8.0% 19.5% 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 0.8% 3.8% 7.5% Medium
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