EFFECTIVE INNOVATIONS LIMITED

1, HARVINGTON BUSINESS PARK, BRAMPTON ROAD, EASTBOURNE, EAST SUSSEX, BN22 9BN

Company Number: 02671903
Incorporation date: 17-Dec-1991
Status: Active
Entity type: Private Limited Company

SIC codes:
24420 Aluminium production
82990 Other business support service activities not elsewhere classified

SUMMARY

This company is 32.4 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 positive equity (net assets) of GBP 220.5 thousand which has decreased from the previous year's figure of GBP 609.1 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -388.5 thousand in the last reported period. The company has 3 active officers (directors or partners) who are or were officers of 4 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: TOTAL EXEMPTION FULL (31-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	Retained Earnings	Net Assets
31-Dec-2022	GBP	148,800	953,775	652,622	150,666	10	200,514	220,524
31-Dec-2021	GBP	299,710	1,394,993	649,593	220,720	10	589,061	609,071
31-Dec-2020	GBP	472,625	1,365,145	573,420	231,950	10	627,335	647,345
31-Dec-2019	GBP	323,636	1,346,190	807,234	4,522	10	640,657	660,667
31-Dec-2018	GBP	415,301	1,438,063	759,832	18,879	10	728,908	748,918
31-Dec-2017	GBP	324,125	1,113,772	611,030	20,837	10	551,202	571,212
31-Dec-2016	GBP	273,565	1,060,699	769,829	19,152	100	340,443	360,543
31-Dec-2015	GBP	196,310	1,148,799	527,262	9,954	20,000	686,002	706,002

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2017	GBP	-900.00%	-90	100	10	-278,796
31-Dec-2016	GBP	-19,900.00%	-19,900	20,000	100	-210,335

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Resigned	Diana Moya Gay BEDFORD	18 Dec 1991	03 Aug 2016	Company Director	British	0 - 3
Resigned	C F H COMPANY FORMATIONS LIMITED	12 Dec 1991	19 Dec 1992			0 - 12

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Vanessa Ann MERCER	16 Aug 2016		Director	British	3 - 0	0 (0.0%)
Resigned	Michael COOPER	01 Jan 2011	01 Jan 2014	Director	British	0 - 2	0 (0.0%)
Active	Neil Aitken MCKEE	01 Jan 2006		Managing Director	British	2 - 1	0 (0.0%)
Resigned	John Martin BEDFORD	18 Dec 1991	03 Aug 2016	Company Director	British	0 - 2	0 (0.0%)
Resigned	Diana Moya Gay BEDFORD	18 Dec 1991	03 Aug 2016	Company Director	British	0 - 3	0 (0.0%)
Active	Leslie William HUMPHREY	18 Dec 1991		Company Director	British	3 - 0	0 (0.0%)
Resigned	Christopher HACKETT	12 Dec 1991	24 Dec 1991		British	0 - 313	127 (40.6%)
Resigned	Diana Moya Gay BEDFORD		17 Dec 1993	Company Director	British	0 - 3	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 19.4 years
Average tenure of resigned directors: 10.5 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Vanessa Ann MERCER	Neil Aitken MCKEE	Leslie William HUMPHREY
EFFECTIVE INNOVATIONS LIMITED (02671903) - Active	✔	✔	✔
PEVENSEY BAY SAILING CLUB LIMITED (03034869) - Active		✔
ENDEAVOUR MARINE SOLUTIONS LIMITED (06752261) - Active			✔
WINDOVER HOLDINGS LTD (11656123) - Active	✔	✔	✔
FEATURE ARCHITECTURAL FABRICATIONS LIMITED (14921539) - Active	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr John Martin Bedford - ceased
25-50%:Mr Leslie William Humphrey - ceased
50%-75%:Mr Neil Aitken Mckee - ceased
25-50%:Mrs Diana Moya Gay Bedford - ceased
- 25-50%:Mr Leslie William Humphrey - active
- 50%-75%:Mr Neil Mckee - active
>75%:Windover Holdings Ltd (11656123 - United Kingdom) active

Controlling entities above

EFFECTIVE INNOVATIONS 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: 24420 Aluminium production)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ARCONIC MANUFACTURING (GB) LIMITED	170 KITTS GREEN ROAD, KITTS GREEN, BIRMINGHAM, WEST MIDLANDS, ENGLAND, B33 9QR	00633328	2017-12-31	150,647,000	31,333,000
HYDRO ALUMINIUM DEESIDE LIMITED	BRIDGE ROAD, WREXHAM INDUSTRIAL ESTATE, WREXHAM, CLWYD, LL13 9PS	01786117	2017-12-31	67,133,885	1,395,788
AMG ALUMINUM UK LIMITED	C/O AMG, FULLERTON ROAD, ROTHERHAM, S60 1DL	08269137	2017-12-31	62,432,000	367,000
BOAL U.K. LIMITED	ASHBY ROAD EAST, SHEPSHED, LOUGHBOROUGH, LEICESTERSHIRE, LE12 9BS	02194180	2017-12-31	61,527,000	2,023,000
AVON METALS LIMITED	ASHVILLE ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL2 5DA	04135396	2018-06-30	32,139,938	0	24530-Casting of light metals
LUPTON & PLACE LIMITED	NORCASTAL WORKS, ATHLETIC STREET, BURNLEY, LANCS, BB10 4LR	01605457	2018-03-31	10,140,765	0
NOVACAST LIMITED	UNIT 8 L:ANCASTER PARK, BOWERHILL, MELKSHAM, WILTS, UNITED KINGDOM, SN12 6TT	01456622	2018-03-31	3,430,136	0	24440-Copper production 24530-Casting of light metals 24540-Casting of other non-ferrous metals
MJD PRECISION ENGINEERING LIMITED	5 SUMMERHOUSE DRIVE, BEXLEY, KENT, ENGLAND, DA5 2EB	04695423	2018-03-31	52,543	0
LAMA PETROLEUM LIMITED	24 BEDFORD ROW, LONDON, UNITED KINGDOM, WC1R 4TQ	01652417	2017-12-31	5,412	0	46711-Wholesale of petroleum and petroleum products
HOWMET PRODUCTS UK LIMITED	C/O TMF GROUP, 13TH FLOOR, ONE ANGEL COURT, LONDON, UNITED KINGDOM, EC2R 7HJ	01927599	0000-00-00	0	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
EFFECTIVE INNOVATIONS 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%	2.1%	4.2%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium