AQUASEAL RUBBER LIMITED

UNIT 6 BENTON BUSINESS PARK, BELLWAY INDUSTRIAL ESTATE, WHITLEY ROAD LONGBENTON, NEWCASTLE UPON TYNE, TYNE & WEAR, NE12 9SW

Company Number: 02681117
Incorporation date: 27-Jan-1992
Status: Active
Entity type: Private Limited Company

SIC codes:
22190 Manufacture of other rubber products

SUMMARY

This company is 32.2 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 531.1 thousand which has increased from GBP 491.4 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 39.6 thousand in the last reported period. The company has 4 active officers (directors or partners) who are or were officers of 18 other companies, 2 (11.1%) of which have since been dissolved or are proposed for strike off. 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: 31-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Mar-2018	GBP						49,830
31-Mar-2017	GBP						42,735

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Mar-2023	GBP	185,931	727,322	369,064	41,392	100	530,980	531,080
31-Mar-2022	GBP	105,376	593,822	255,689	58,801	100	491,338	491,438
31-Mar-2021	GBP	143,211	436,058	165,507	59,395	100	388,951	389,051
31-Mar-2020	GBP	73,925	391,042	228,392	20,333	100	303,294	303,394
31-Mar-2019	GBP	82,671	350,359	182,258	26,527	100	262,442	262,542
31-Mar-2018	GBP	54,175	361,152	328,780	40,549	100	82,973	83,073
31-Mar-2017	GBP	10,810	209,753	231,548	3,652	100	33,143	33,243
31-Mar-2016	GBP	6,960	196,977	258,104	15,769	100	-9,592	-9,492
31-Mar-2015	GBP	4,497	254,996	260,361	24,577	100	47,155	47,255
31-Mar-2014	GBP	33,348	438,362	394,056	34,429	100	87,254	87,354
31-Mar-2013	GBP	5,644	207,133	268,355	9,692	100	9,666	9,766
31-Mar-2012	GBP	4,551	219,118	257,279		100	45,000	45,100

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	Sylvia Marion ARMSTRONG	13 Feb 1992	31 Jul 2013			0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	David Allan ALDERSON	01 Dec 2020		Director	British	10 - 1	1 (9.1%)
Active	Diane GRAY	01 Apr 2018		Director	British	3 - 0	0 (0.0%)
Resigned	Robert Charles Freeman, The Estate Of BOWLES	31 Jul 2013	02 Apr 2020	Company Director	British	2 - 33	17 (48.6%)
Active	Alan Edward NIGHTINGALE	31 Jul 2013		Company Director	British	9 - 3	1 (8.3%)
Resigned	Sylvia Marion ARMSTRONG	01 Apr 2006	31 Jul 2013	Administrator	British	0 - 2	0 (0.0%)
Active	Jason ARMSTRONG	31 Jan 1998		Rubber Seal Specialist	British	3 - 2	2 (40.0%)
Resigned	David ARMSTRONG	01 Apr 1997	31 Mar 2006	Rubber Fabricator	British	0 - 1	0 (0.0%)
Resigned	Anthony ARMSTRONG	01 Apr 1997	31 Mar 2006	Rubber Fabricator	British	0 - 1	0 (0.0%)
Resigned	Edward ARMSTRONG	13 Feb 1992	01 Apr 2018	Rubber Engineer	British	0 - 3	2 (66.7%)
Resigned	SWIFT INCORPORATIONS LIMITED	27 Jan 1992	13 Feb 1992			3 - 82419	35396 (42.9%)
Resigned	INSTANT COMPANIES LIMITED	27 Jan 1992	13 Feb 1992			3 - 28683	13108 (45.7%)

Number of active directors: 4
Average tenure of active directors: 11.6 years
Average tenure of resigned directors: 8.3 years
Average active director Dissolution Rate: 14.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	David Allan ALDERSON	Diane GRAY	Alan Edward NIGHTINGALE	Jason ARMSTRONG
BARRIER LIMITED (01226016) - Active	✔		✔
AQUASEAL RUBBER LIMITED (02681117) - Active	✔	✔	✔	✔
BARRIER FIRE PROTECTION LIMITED (03672680) - Active	✔		✔
BARRIER GROUP LIMITED (03673848) - Active	✔		✔
AQUASEAL RUBBER SOLUTIONS LIMITED (05796914) - Active - Proposal to Strike off				✔
BARRIER HYDROBUOY LIMITED (06407416) - Dissolved			✔
HARKERS LOGISTICS LIMITED (06749892) - Active - Proposal to Strike off	✔
ARC INDUSTRIAL SERVICES LIMITED (07336158) - Active			✔
BARRIER ARCHITECTURAL SERVICES LIMITED (08212201) - Active	✔		✔
BARRIER LED LIMITED (10385053) - Active			✔
CORE INDUSTRIAL SERVICES LIMITED (10547725) - Active	✔		✔
BARRIER INDUSTRIAL SERVICES LIMITED (12546528) - Active			✔
BARRIER FABRICATION LIMITED (14731982) - Active	✔
BARRIER HVAC LIMITED (14751568) - Active	✔
ALDERSON FAMILY INVESTCO LIMITED (14822771) - Active	✔
NIGHTINGALE FAMILY INVESTCO LIMITED (14822934) - Active			✔
TS NIALD LIMITED (14828049) - Active	✔		✔
AQUASEAL GROUP LIMITED (15143652) - Active		✔		✔
AQUASEAL FACILITIES LIMITED (15156764) - Active		✔		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Barrier Group Limited - active
25-50%:Mr Jason Armstrong - active

Controlling entities above

AQUASEAL RUBBER 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: 22190 Manufacture of other rubber products)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
TRELLEBORG SEALING SOLUTIONS UK LIMITED	TRELLEBORG, INTERNATIONAL DRIVE, TEWKESBURY BUSINESS PARK, TEWKESBURY, GL20 8UQ	00446036	2017-12-31	89,827,000	24,246,000
DUNLOP OIL & MARINE LIMITED	MOODY LANE, PYEWIPE, GRIMSBY, NE LINCOLNSHIRE, DN31 2SY	03471656	2017-12-31	61,363,000	2,302,000
DTR VMS LIMITED	DN AUTOMMTIVE VMS LTD AINTREE AVENUE, WHITE HORSE BUSINESS PARK, TROWBRIDGE, ENGLAND, BA14 0XB	06703842	2017-12-31	53,195,000	806,000
AVON POLYMER PRODUCTS LIMITED	HQ, HAMPTON PARK WEST, SEMINGTON ROAD, MELKSHAM, WILTSHIRE, SN12 6NB	00149360	2017-09-30	42,070,813	8,357,211
JAMES WALKER & CO. LIMITED	LION HOUSE, ORIENTAL ROAD, WOKING, SURREY, ENGLAND, GU22 8AP	02432592	2018-03-31	35,752,000	1,835,000	32990-Other manufacturing not elsewhere classified
SPC EUROPE LIMITED	51 CORY WAY, WEST WILTS TRADING ESTATE, WESTBURY, WILTSHIRE, ENGLAND, BA13 4QT	04098629	2018-03-31	25,308,535	0
AVON ENGINEERED RUBBER LIMITED	THE AVON BUILDING UNITS 137-145 SOUTH LIBERTY LANE, BEDMINSTER, BRISTOL, AVON, BS3 2TL	06290354	2018-03-31	11,528,057	0
DIXON INTERNATIONAL GROUP LIMITED	BREWERY ROAD BREWERY ROAD, PAMPISFORD, CAMBRIDGE, ENGLAND, CB22 3HG	01845563	2017-08-31	3,936,773	0	22230-Manufacture of builders ware of plastic 32990-Other manufacturing not elsewhere classified
GOODFLEX RUBBER LIMITED	37 TYTHING ROAD EAST, KINWARTON, ALCESTER, ENGLAND, B49 6ES	03494345	2017-08-31	2,667,671	0
SOUTHBOURNE RUBBER COMPANY LIMITED	29 ASTON ROAD, WATERLOOVILLE, HANTS, ENGLAND, PO7 7XJ	03068763	2017-08-31	552,958	0
FASTRACK INFORMATION SYSTEMS LIMITED	FOXBURY, SAINT MARKS ROAD, TUNBRIDGE WELLS, KENT, TN2 5LU	03301923	2018-01-31	271,983	0
INTERNATIONAL RUBBER RECYCLERS LIMITED	BANK HOUSE, 81 ST JUDES ROAD, ENGLEFIELD GREEN, SURREY, TW20 0DF	09229165	2017-09-30	65,000	0	38210-Treatment and disposal of non-hazardous waste
IGLOO CONSTRUCTION AND PROJECT MANAGEMENT LTD	2, THE GRANGE MANOR FLAT 2, THE GRANGE MANOR,, 40 BONEHURST ROAD, HORLEY, SURREY, ENGLAND, RH6 8QQ	07288774	2017-06-30	54,520	0	41100-Development of building projects
AVON RUBBER P.L.C.	HAMPTON PARK WEST, SEMINGTON ROAD, MELKSHAM, WILTSHIRE, SN12 6NB	00032965	0000-00-00	0	0
KANWAL UK HOLDINGS LTD	PORTLAND HOUSE, MAYER WAY, HOUGHTON REGIS, DUNSTABLE, UNITED KINGDOM, LU5 5BF	12137502	0000-00-00	0	0
SPC CORPORATE LIMITED	51 CORY WAY, WEST WILTS TRADING ESTATE, WESTBURY, WILTSHIRE, ENGLAND, BA13 4QT	06706957	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
AQUASEAL RUBBER 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	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium