OPPERMAN MASTERGEAR LIMITED

MARSHALL WAY, HEAPHAM ROAD INDUSTRIAL ESTATE, GAINSBOROUGH, LINCOLNSHIRE, DN21 1XU

Company Number: 02618553
Incorporation date: 07-Jun-1991
Status: Active
Entity type: Private Limited Company

SIC codes:
28140 Manufacture of taps and valves





SUMMARY

This company is 32.9 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -4.6 million which has worsened since the previous year's figure of GBP -4 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -661.5 thousand in the last reported period. 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 -8.1 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 5 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: SMALL (30-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Dec-2018 GBP 1,036,560 2 -8,114,810 -4,630,060
31-Dec-2017 GBP 310,729 873,744 2 -7,453,265 -3,968,515

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)
Resigned Paul Jay, Director JONES 01 May 2007 23 Jul 2010 Business Executive American 0 - 2
Resigned Kenneth Franklin KAPLAN 24 Apr 1997 01 May 2007 Business Executive American 0 - 2
Resigned Robert Charles, Director BURRESS 24 Apr 1996 24 Apr 1997 Executive Usa 0 - 2
Resigned Gerald John BERRES 31 Dec 1995 American 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Aaron John BOZICEVICH 15 Jan 2020 30 Nov 2021 Finance Director American 0 - 10 (0.0%)
Resigned Paul Anthony BLACKWELL 31 Mar 2019 11 Sep 2019 Finance Manager British 0 - 100 (0.0%)
Active Jason Richard LONGLEY 31 Mar 2019 Vp - Controller American 6 - 00 (0.0%)
Resigned Paul Jay, Director JONES 01 May 2007 23 Jul 2010 Business Executive American 0 - 20 (0.0%)
Resigned David Alan BARTA 26 Apr 2006 14 May 2010 Executive American 0 - 10 (0.0%)
Resigned Kenneth Franklin KAPLAN 24 Apr 1997 30 Apr 2007 Business Executive American 0 - 20 (0.0%)
Resigned Gerald John BERRES 31 Dec 1995 Executive American 0 - 20 (0.0%)
Resigned Robert Charles, Director BURRESS 24 Apr 1997 Executive Usa 0 - 20 (0.0%)
Number of active directors: 1
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
REGAL MANUFACTURING LIMITED (00516559) - Active
NICOTRA GEBHARDT LTD. (00611342) - Active
REMCO PRODUCTS LIMITED (01736272) - Active
OPPERMAN MASTERGEAR LIMITED (02618553) - Active
REGAL BELOIT UK LTD (04595019) - Active
ROTOR (UK) LIMITED (05098331) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

OPPERMAN MASTERGEAR 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


Title Date filed Status Publication number
A worm gearbox 1993-10-05 Ceased GB2282654

COMPETITORS

(Based on Sic code: 28140 Manufacture of taps and valves)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
KOHLER MIRA LIMITED WHADDON WORKS, CROMWELL ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 5EP 00252115 2017-12-31 137,656,000 17,724,000
BEL VALVES LIMITED 11 GLASSHOUSE STREET, ST PETERS, NEWCASTLE UPON TYNE, TYNE & WEAR, ENGLAND, NE6 1BS 00167542 2018-04-30 37,007,000 -4,283,000
SPECIALIST VALVE SERVICES LTD. SILVERTREES DRIVE, WESTHILL, ABERDEEN, AB32 6BH SC191510 2018-03-31 7,507,914 0
GLENISKY (UK) LTD HOLLY GROVE LODGE, WATER LANE, HOLLINGWORTH, CHESHIRE, SK14 8HT 06582683 2018-04-30 115,019 0 85600-Educational support services

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
OPPERMAN MASTERGEAR 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 0.5% 1.5% 2.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public