Do you have a dispute with a business?
Make it public
ADARE SEC LIMITED
133 SCUDAMORE ROAD, BRAUNSTONE FRITH INDUSTRIAL ESTATE, LEICESTER, LE3 1UQPrevious name: ADARE LIMITED (changed on 27-Oct-2015)
Previous name: ADARE HALCYON LIMITED (changed on 07-Dec-2007)
Company Number: 02814431
Incorporation date: 30-Apr-1993
Status: Active
Entity type: Private Limited Company
SIC codes:
17230 Manufacture of paper stationery
SUMMARY
This company is 30.9 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 7.8 million which has decreased from the previous year's figure of GBP 9.5 million. The latest reported revenue figure is GBP 71.3 million which is down -20% on the previous year. Retained earnings is negative (GBP -2.6 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 5 active officers (directors or partners) who are or were officers of 56 other companies, 18 (32.1%) 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 is one court case involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2024Accounts Filed: FULL (31-Mar-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Mar-2023 | GBP | 71,341,000 | 586,000 | 137,000 | 461,000 | -2,096,000 | 1,705,000 |
31-Mar-2022 | GBP | 93,589,000 | -782,000 | 75,000 | 846,000 | -1,353,000 | -2,877,000 |
31-Oct-2020 | GBP | 58,573,000 | 250,000 | 7,000 | 437,000 | -11,000 | -1,540,000 |
31-Oct-2019 | GBP | 71,417,000 | 1,481,000 | 305,000 | 1,286,000 | ||
31-Oct-2018 | GBP | 69,729,000 | -3,364,000 | 312,000 | -3,604,000 | ||
31-Oct-2017 | GBP | 67,713,000 | -3,639,000 | 245,000 | -4,721,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2023 | GBP | 1,127,000 | 27,373,000 | 24,361,000 | 2,277,000 | 8,500,000 | -2,594,000 | 7,847,000 | |
31-Mar-2022 | GBP | 279,000 | 26,701,000 | 22,409,000 | 4,291,000 | 8,500,000 | -904,000 | 9,537,000 | |
31-Oct-2020 | GBP | 3,484,000 | 64,362,000 | 21,670,000 | 4,184,000 | 48,966,000 | 49,862,000 | ||
31-Oct-2019 | GBP | 1,361,000 | 62,696,000 | 19,328,000 | 1,574,000 | 50,020,000 | 50,916,000 | ||
31-Oct-2018 | GBP | 1,113,000 | 67,504,000 | 25,483,000 | 2,922,000 | 48,155,000 | 49,051,000 | ||
31-Oct-2017 | GBP | 897,000 | 64,040,000 | 18,624,000 | 4,370,000 | 51,394,000 | 52,290,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Mar-2022 | GBP | 100.00% | 8,500,000 | 0 | 8,500,000 | 6,606,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Samantha Jayne GHYSEN | 01 Nov 2021 | 29 Mar 2024 | 1 - 0 | ||
Resigned | MARRONS CONSULTANCIES LIMITED | 12 Jan 1998 | 01 Nov 2021 | 0 - 75 | ||
Resigned | Patrick James CREAN | 30 Apr 1993 | 12 Jan 1998 | Accountant | Irish | 49 - 55 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | Allan ROWAN | 30 Jun 2022 | 01 Dec 2022 | Company Director | British | 1 - 3 | 0 (0.0%) |
Active | Andrew David HERD | 30 Jun 2022 | Company Director | British | 3 - 3 | 0 (0.0%) | |
Active | Anthony John STRONG | 01 Nov 2021 | Company Director | British | 8 - 0 | 0 (0.0%) | |
Active | Hayden John SAVAGE | 01 Nov 2021 | Company Director | British | 8 - 0 | 0 (0.0%) | |
Active | Simon Christopher JOHNSON | 01 Nov 2021 | Company Director | British | 25 - 23 | 16 (33.3%) | |
Resigned | Peter Charles DE HAAN | 01 Nov 2021 | 30 Mar 2022 | Company Director | British | 4 - 15 | 0 (0.0%) |
Active | Christian Alexander Paul DICKSON | 27 Jun 2019 | Chief Financial Officer | British | 3 - 11 | 4 (28.6%) | |
Resigned | John IANDOLO | 05 Nov 2018 | 20 Dec 2019 | Chief Sales Officer | British | 0 - 1 | 0 (0.0%) |
Resigned | Tom Graham PRESTWICH | 05 Nov 2018 | 31 Mar 2023 | Chief Operating Officer | British | 0 - 2 | 0 (0.0%) |
Resigned | James Christopher Michael WOOLLEY | 31 Oct 2018 | 12 Feb 2020 | Director | British | 1 - 6 | 2 (28.6%) |
Resigned | Rachael Rebecca NEVINS | 10 Aug 2017 | 01 Nov 2021 | Chief Executive Officer | British | 0 - 35 | 11 (31.4%) |
Resigned | Richard Peter SLEE | 27 Jun 2017 | 09 Oct 2018 | Director | British | 0 - 13 | 6 (46.2%) |
Resigned | Craig PARSONS | 11 Sep 2015 | 01 Aug 2017 | Chief Financial Officer | British | 0 - 62 | 28 (45.2%) |
Resigned | Kevin Arthur HERBERT | 04 Sep 2007 | 08 Sep 2015 | Accountant | British | 2 - 26 | 22 (78.6%) |
Resigned | Clinton Edwin EVERARD | 24 Mar 2006 | 31 Aug 2007 | Finance Director | British | 9 - 36 | 26 (57.8%) |
Resigned | Cormac O TIGHEARNAIGH | 31 Aug 2004 | 24 Mar 2006 | Accountant | Irish | 0 - 27 | 21 (77.8%) |
Resigned | Robert WHITESIDE | 01 May 1999 | 19 Dec 2017 | Managing Director | British | 0 - 40 | 30 (75.0%) |
Resigned | Stuart Andrew HALL | 17 Feb 1998 | 09 Sep 1999 | Finance Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Barry CRICH | 17 Feb 1998 | 31 Jan 2018 | Operations Director | British | 0 - 2 | 1 (50.0%) |
Resigned | Robert HARKINS | 23 May 1997 | 01 Sep 1998 | Sales Director | British | 0 - 7 | 0 (0.0%) |
Resigned | Donald CARTLIDGE | 27 Jun 1996 | 31 May 1997 | Production Director | British | 0 - 2 | 0 (0.0%) |
Resigned | Peter Eugene LYNCH | 22 May 1995 | 14 Jul 2000 | Chartered Accountant | Irish | 0 - 62 | 48 (77.4%) |
Resigned | Stewart Barry GREAVES | 29 Jul 1994 | 13 Apr 1999 | Purchasing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Julian Howard WASSELL | 29 Jul 1994 | 09 Jan 1997 | Financial Director | British | 0 - 25 | 10 (40.0%) |
Resigned | Iain Shearer BLACK | 01 Oct 1993 | 28 Jun 1999 | Sales Director | British | 3 - 8 | 2 (18.2%) |
Resigned | Lawrence Edward WARRINER | 23 Jul 1993 | 27 Aug 1993 | Financial Director | British | 1 - 26 | 6 (22.2%) |
Resigned | Geoffrey GURLING | 23 Jul 1993 | 29 Oct 1993 | Manufacturing Director | British | 0 - 6 | 1 (16.7%) |
Resigned | Keith Roy WALTON | 23 Jul 1993 | 09 Dec 1994 | Sales Director | British | 0 - 15 | 12 (80.0%) |
Resigned | Stephen Lestock GRIFFITHS | 23 Jul 1993 | 30 Nov 1994 | Marketing Director | British | 0 - 2 | 1 (50.0%) |
Resigned | Diana Elizabeth REDDING | 30 Apr 1993 | 30 Apr 1993 | British | 2 - 1049 | 382 (36.3%) | |
Resigned | Jennifer Irene HUNT | 30 Apr 1993 | 30 Apr 1993 | 0 - 83 | 21 (25.3%) | ||
Resigned | James Joseph COLL | 30 Apr 1993 | 31 Aug 2004 | Company Director | Irish | 0 - 31 | 25 (80.6%) |
Resigned | Patrick James CREAN | 30 Apr 1993 | 12 Jan 1998 | Accountant | Irish | 49 - 55 | 29 (27.9%) |
Resigned | Beaufort Nelson LOANE | 30 Apr 1993 | 24 Mar 2006 | Accountant | Irish | 0 - 32 | 25 (78.1%) |
Average tenure of active directors: 2.7 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 12.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2018-04-30 | 2016-04-30 | 2015-04-30 | 2014-04-30 | 2013-04-30 | ||
ACICS LIMITED | ORDINARY | 2 100% | 0 0% | 0 0% | 0 0% | 0 0% |
ADARE GROUP LIMITED | ORDINARY | 0 0% | 2 100% | 2 100% | 2 100% | 2 100% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date |
---|---|---|
2017-03-13 | ||
ADARE SEC LIMITED | ORDINARY | 1 100% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ADARE SEC LIMITED
Controlled companies below
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2017-11-29 | Mr L Fitzpatrick v Adare Sec Ltd | [2017] UKET 1801000/2017 | Unfair Dismissal |
PATENTS
COMPETITORS
(Based on Sic code:
17230 Manufacture of paper stationery)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
ACCO UK LIMITED | MILLENNIUM HOUSE, 65 WALTON STREET, AYLESBURY, ENGLAND, HP21 7QG | 00197754 | 2017-12-31 | 47,751,000 | 6,052,000 |
28230-Manufacture of office machinery and equipment (except computers and peripheral equipment) |
MAIL SOLUTIONS UK LIMITED | HALESFIELD 2, TELFORD, SHROPSHIRE, TF7 4QH | 05157725 | 2018-03-31 | 26,833,000 | 0 | |
NITECREST LIMITED | 32 MARATHON PLACE, MOSS SIDE INDUSTRIAL ESTATE, LEYLAND, LANCASHIRE, PR26 7QN | 03215488 | 2017-11-30 | 17,715,597 | 0 |
22290-Manufacture of other plastic products 82920-Packaging activities |
JAMES HAMILTON & COMPANY (LURGAN) LIMITED | 50 MILLENNIUM WAY, LURGAN, COUNTY ARMAGH, NORTHERN IRELAND, BT66 8DH | NI006169 | 2018-03-31 | 10,068,609 | 0 |
18129-Printing not elsewhere classified 46900-Non-specialised wholesale trade |
SG WORLD LIMITED | ARNOLD HAASE HOUSE, DUCHY ROAD, CREWE, CW1 6ND | 03451910 | 2018-03-31 | 9,442,973 | 0 |
17290-Manufacture of other articles of paper and paperboard not elsewhere classified |
SNOWS BUSINESS FORMS LIMITED | 1580 PARKWAY SOLENT BUSINESS PARK, WHITELEY, FAREHAM, HAMPSHIRE, PO15 7AG | 01700975 | 2017-12-31 | 4,152,153 | 0 |
18129-Printing not elsewhere classified |
CORSHAM PRINT LTD | THE OLD POST OFFICE, 41-43 MARKET PLACE, CHIPPENHAM, WILTSHIRE, ENGLAND, SN15 3HR | 04252833 | 2017-12-31 | 868,156 | 0 | |
ORD OFFICE LIMITED | 42 - 44 AVENUE ROAD, HARTLEPOOL, CLEVELAND, TS24 8AT | 09075355 | 2018-06-30 | 451,685 | 0 |
18129-Printing not elsewhere classified 47610-Retail sale of books in specialised stores 58142-Publishing of consumer and business journals and periodicals |
TANGERINE INDUSTRIES LIMITED | UNIT 36, STIRLING ENTERPRISE PARK, STIRLING, SCOTLAND, FK7 7RP | SC120257 | 2018-04-30 | 234,584 | 0 | |
GOLDMERE SOLUTIONS LIMITED | 4 BIDWELL HILL, HOUGHTON REGIS, DUNSTABLE, BEDFORDSHIRE, LU5 5DR | 06490885 | 2018-02-28 | 111,344 | 0 | |
BEST PRINT (UK) LTD | WOODROW FARM WOODROW, HAZELBURY BRYAN, STURMINSTER NEWTON, DORSET, DT10 2AH | 03695361 | 2018-03-31 | 107,761 | 0 | |
HARRIET WRIGHT DESIGNS LTD | OFFICE 33 ENTERPRISE CENTRE, TERMINUS ROAD, CHICHESTER, ENGLAND, PO19 8FY | 10482378 | 2019-03-31 | 66,468 | 0 | |
MARK+FOLD LIMITED | 244 PARK ROAD, LONDON, ENGLAND, N8 8JX | 09841397 | 2018-01-31 | 65,999 | 0 |
47620-Retail sale of newspapers and stationery in specialised stores 47910-Retail sale via mail order houses or via Internet |
THE SIGN LAB UK LIMITED | AVC HOUSE, 21 NORTHAMPTON LANE, SWANSEA, SA1 4EH | 06372198 | 2017-09-30 | 28,212 | 0 | |
BRIAN PAGE PRINTERS LIMITED | 45 HAILEY PLACE, CRANLEIGH, SURREY, GU6 7EQ | 01834567 | 2018-07-31 | 19,847 | 0 | |
THE PRINTING DEN LIMITED | 70 DANIEL CLOSE, BIRCHWOOD, WARRINGTON, WA3 6QL | 07391879 | 2017-09-30 | 13,713 | 0 | |
SIZZLING SCIENCE LIMITED | 3 THE DELL, CULDUTHEL ROAD, INVERNESS, IV2 4BA | SC303282 | 2018-06-30 | 8,326 | 0 |
32990-Other manufacturing not elsewhere classified 47910-Retail sale via mail order houses or via Internet |
FOREVER FUNNY LIMITED | 8 MALLARD CLOSE, QUEDGELEY, GLOUCESTER, UNITED KINGDOM, GL2 4GT | 10394186 | 2018-09-30 | 4,861 | 0 |
58190-Other publishing activities 90030-Artistic creation |
PICKLES TRADING COMPANY LIMITED | WOODFORD HOUSE CUCKFIELD LANE, WARNINGLID, HAYWARDS HEATH, WEST SUSSEX, RH17 5SN | 06490379 | 2018-01-31 | 3,391 | 0 |
96040-Physical well-being activities |
PHEASANT PLUCKER DESIGNS LTD | 25 OLD MILTON ROAD, NEW MILTON, ENGLAND, BH25 6DQ | 10080624 | 2018-03-31 | 3,021 | 0 | |
INVITATIONS & CO LTD | 57 REDESMERE DRIVE, ALDERLEY EDGE, ENGLAND, SK9 7UR | 08668210 | 2018-08-31 | 1,510 | 0 |
70229-Management consultancy activities other than financial management |
ACNOLEE LTD | 24 NORTHFIELD PARK, HAYES, MIDDLESEX, UNITED KINGDOM, UB3 4NU | 09429674 | 2018-12-31 | 1,273 | 0 | |
TOP 3 INCHES LIMITED | 24 BRISCOE ROAD, COLLIER'S WOOD, LONDON, ENGLAND, SW19 2AQ | 09721351 | 2018-08-31 | 1,000 | 0 | |
MINDJOURNAL LTD | 28 WILTON ROAD, BEXHILL, EAST SUSSEX, ENGLAND, TN40 1EZ | 10095398 | 2019-03-31 | 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 |
---|---|---|---|---|
ADARE SEC 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 |