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MAKITA MANUFACTURING EUROPE LIMITED
HORTONWOOD 7, TELFORD, SHROPSHIRE, TF1 7YXCompany Number: 02427964
Incorporation date: 29-Sep-1989
Status: Active
Entity type: Private Limited Company
SIC codes:
28240 Manufacture of power-driven hand tools
SUMMARY
This company is 35 years old and is currently active. The company has positive equity (net assets) of GBP 50.2 million which has decreased from the previous year's figure of GBP 50.9 million. The latest reported revenue figure is GBP 109.8 million which is up 10% on previous year's figure of GBP 103.6 million. The company has 3 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 3 court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2025Accounts Filed: FULL (31-Mar-2024)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 01-Mar-2019 | GBP | 109,793,000 | 9,905,000 | 108,000 | 1,762,000 | 7,541,000 | |
| 31-Mar-2018 | GBP | 103,602,000 | 10,125,000 | 84,000 | 1,981,000 | 8,215,000 | |
| 31-Mar-2017 | GBP | 74,790,000 | 7,197,000 | 497,000 | 1,583,000 | 6,111,000 | |
| 31-Mar-2016 | GBP | 75,604,000 | 2,335,000 | 326,000 | 483,000 | 1,961,000 | |
| 31-Mar-2015 | GBP | 73,010,000 | 2,765,000 | -39,000 | |||
| 31-Mar-2014 | GBP | 69,701,000 | 3,105,000 | 639,000 | 2,549,000 | ||
| 31-Mar-2013 | GBP | 78,242,000 | -502,000 | 70,000 | 96,000 | ||
| 31-Mar-2012 | GBP | 112,441,000 | 6,501,000 | 1,658,000 | 6,175,000 | ||
| 03-Mar-2011 | GBP | 71,345,000 | 1,278,000 | 271,000 | 855,000 | ||
| 31-Mar-2009 | GBP | 74,765,000 | 9,971,000 | 3,081,000 | 3,649,000 | 13,052,000 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 01-Mar-2019 | GBP | 14,239,000 | 61,420,000 | 18,499,000 | 37,600,000 | 12,556,000 | 50,156,000 | ||
| 31-Mar-2018 | GBP | 21,480,000 | 64,019,000 | 20,382,000 | 105,000 | 37,600,000 | 13,268,000 | 50,868,000 | |
| 31-Mar-2017 | GBP | 28,450,000 | 15,986,000 | 114,000 | 37,600,000 | 14,852,000 | |||
| 31-Mar-2016 | GBP | 42,290,000 | 70,447,000 | 11,116,000 | 123,000 | 37,600,000 | 28,741,000 | 66,341,000 | |
| 31-Mar-2015 | GBP | 29,405,000 | 72,568,000 | 12,688,000 | 132,000 | 37,600,000 | 29,730,000 | 67,330,000 | |
| 31-Mar-2014 | GBP | 31,216,000 | 71,702,000 | 9,475,000 | 141,000 | 37,600,000 | 31,848,000 | 69,448,000 | |
| 31-Mar-2013 | GBP | 26,398,000 | 69,481,000 | 9,557,000 | 150,000 | 37,600,000 | 29,979,000 | 67,579,000 | |
| 31-Mar-2012 | GBP | 18,364,000 | 72,975,000 | 12,743,000 | 159,000 | 37,600,000 | 32,262,000 | 69,862,000 | |
| 03-Mar-2011 | GBP | 31,393,000 | 70,748,000 | 14,666,000 | 168,000 | 37,600,000 | 28,061,000 | 65,661,000 | |
| 31-Mar-2009 | GBP | 19,240,000 | 67,746,000 | 7,326,000 | 186,000 | 37,600,000 | 31,599,000 | 69,199,000 |
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 | Leslie Richard ANNETT | 07 Apr 2014 | 07 Oct 2024 | 1 - 0 | ||
| Resigned | Michael Joseph COPE | 25 Aug 2010 | 21 Mar 2014 | British | 0 - 1 | |
| Resigned | Michael Charles Anthony RATHBONE | 19 Dec 2008 | 19 May 2010 | British | 0 - 1 | |
| Resigned | Kazuto UMAKI | 20 Sep 2007 | 18 Dec 2008 | Employee | Japanese | 0 - 1 |
| Resigned | Naoyuki NOBATA | 10 Mar 2005 | 19 Sep 2007 | British | 0 - 2 | |
| Resigned | Yasuhisa KURODA | 10 Jan 2000 | 10 Mar 2005 | British | 0 - 2 | |
| Resigned | Shinji UMEMURA | 12 Sep 1997 | 10 May 2000 | Administration Director | Japanese | 0 - 2 |
| Resigned | Shin-Ichiro TOMITA | 12 Sep 1997 | Japanese | 0 - 2 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Koichi INAGAKI | 27 Mar 2022 | Managing Director | Japanese | 1 - 0 | 0 (0.0%) | |
| Active | Masaki YOSHIDA | 25 Jun 2021 | Company Director | Japanese | 1 - 0 | 0 (0.0%) | |
| Resigned | Tadayoshi TORII | 28 Jun 2017 | 24 Jun 2021 | Company Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Shinichi KURACHI | 24 Mar 2017 | 24 Mar 2022 | Managing Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Tetsuhisa KANEKO | 26 Jun 2015 | 27 Jun 2017 | Director & Corporate Officer | Japanese | 0 - 1 | 0 (0.0%) |
| Active | Ian Robert EVANS | 01 Apr 2015 | Production Director | English | 1 - 0 | 0 (0.0%) | |
| Resigned | Masanori NABETANI | 12 Aug 2013 | 24 Mar 2017 | Managing Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Tsuyoshi KOBAYASHI | 11 Oct 2012 | 30 Aug 2013 | Operations Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Noriaki IKEDA | 01 Nov 2011 | 11 Oct 2012 | Operations Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Osamu HASABE | 21 Sep 2006 | 12 Aug 2011 | Company Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Paul Francis HARRIS | 01 Jul 2005 | 26 Apr 2013 | General Manager | British | 0 - 4 | 1 (25.0%) |
| Resigned | Tadayoshi TORII | 29 Sep 2003 | 26 Jun 2015 | Company Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Shigeo YAMAMOTO | 19 May 2003 | 21 Sep 2006 | Managing Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Masanori NABETANI | 01 Jul 2001 | 17 Dec 2002 | Production Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Katsuya INAGAKI | 01 Jul 2001 | 29 Sep 2003 | Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Osamu YOKOYAMA | 12 Sep 1997 | 01 Jul 2001 | Production Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Masahiro YAMAGUCHI | 28 Sep 1995 | 19 May 2003 | Company Director | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Hisanao ORITO | 28 Jun 1993 | 01 Jul 2001 | Director & Gen. Manager Of Pro | Japanese | 0 - 1 | 0 (0.0%) |
| Resigned | Shin-Ichiro TOMITA | 12 Sep 1997 | Director | Japanese | 0 - 2 | 0 (0.0%) | |
| Resigned | Katsuya INAGAKI | 28 Sep 1995 | Managing Director | Japanese | 0 - 1 | 0 (0.0%) | |
| Resigned | Kan-Ichi KAMIYA | 28 Jun 1993 | Director | Japanese | 0 - 2 | 0 (0.0%) |
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 3.7 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2020-09-03 | 2015-09-17 | 2014-09-18 | 2013-09-18 | 2012-09-18 | ||
| MAKITA UK LIMITED | ORDINARY | 37,600,000 100% | 0 0% | 0 0% | 0 0% | 0 0% |
| MAKITA INTERNATIONAL EUROPE LTD | ORDINARY | 0 0% | 37,600,000 100% | 37,600,000 100% | 37,600,000 100% | 37,600,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
MAKITA MANUFACTURING EUROPE 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 |
|---|---|---|---|---|---|
| 2023-10-01 | 2024-03-31 | 42 | 20% | 2% | 83948 |
| 2023-04-01 | 2023-09-30 | 35 | 14% | 1% | 77286 |
| 2022-10-01 | 2023-03-31 | 43 | 13% | 3% | 70947 |
| 2022-04-01 | 2022-09-30 | 40 | 16% | 3% | 64501 |
| 2021-10-01 | 2022-03-31 | 38 | 21% | 4% | 58077 |
| 2021-04-01 | 2021-09-30 | 42 | 14% | 4% | 51293 |
| 2020-10-01 | 2021-03-31 | 41 | 11% | 2% | 44721 |
| 2020-04-01 | 2020-09-30 | 40 | 15% | 1% | 37659 |
| 2019-10-01 | 2020-03-31 | 39 | 12% | 2% | 30902 |
| 2019-04-01 | 2019-09-30 | 40 | 13% | 1% | 23729 |
| 2018-10-01 | 2019-03-31 | 40 | 13% | 5% | 15546 |
| 2018-04-01 | 2018-09-30 | 41 | 13% | 8% | 8210 |
COURT CASES
| Date | Title | Reference | Subject |
|---|---|---|---|
| 2001-12-20 | v son v. Makita Manufacturing Europe Ltd | [2001] UKEAT 0911_00_2012 | |
| 2001-02-02 | v gh v. Makita Manufacturing (Europe) Ltd & Anor | [2001] UKEAT 1042_00_0202 | |
| 2000-11-09 | v son v. Makita Manufacturing Europe Ltd | [2000] UKEAT 911_00_0911 |
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
28240 Manufacture of power-driven hand tools)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| GRIPP TECHNOLOGIES LIMITED | UNIT 4 DANIELS COURT, OFF GAS LANE, MOLD, FLINTSHIRE, WALES, CH7 1UR | 09038568 | 2018-05-31 | 92,760 | 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 |
|---|---|---|---|---|
| MAKITA MANUFACTURING EUROPE 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 | 0.5% | 1.8% | 3.9% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
