PHILIP MORRIS LIMITED

10 HAMMERSMITH GROVE, LONDON, W6 7AP

Company Number: 03619145
Incorporation date: 20-Aug-1998
Status: Active
Entity type: Private Limited Company

SIC codes:
46350 Wholesale of tobacco products





SUMMARY

This company is 25.6 years old and is currently active. It is controlled by Philip Morris International, Inc. The company has positive equity (net assets) of GBP 17.1 million which has decreased from the previous year's figure of GBP 20.2 million. The latest reported revenue figure is GBP 837.5 million which is down -10% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 10 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: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 837,496,000 9,906,000 1,657,000 419,000 8,523,000
31-Dec-2018 GBP 898,221,000 12,501,000 1,190,000 1,130,000 10,608,000
31-Dec-2017 GBP 929,812,000 13,914,000 1,117,000 228,000 13,899,000
31-Dec-2016 GBP 877,149,000 8,973,000 1,254,000 597,000 8,731,000
31-Dec-2015 GBP 286,620,000 13,683,000 469,000 2,572,000 11,021,000
31-Dec-2014 GBP 172,208,000 7,963,000 8,000 24,000 1,708,000 6,000
31-Dec-2013 GBP 160,453,000 4,893,000 51,000 1,071,000 3,762,000
31-Dec-2012 GBP 173,668,000 4,721,000 2,000 50,000 1,011,000 3,580,000
31-Dec-2011 GBP 171,356,000 3,792,000 18,000 83,000 850,000 3,012,000
31-Dec-2010 GBP 186,251,000 6,615,000 24,000 61,000 1,679,000 4,986,000
31-Dec-2008 GBP 160,825,000 2,890,000 1,478,000 14,000 1,314,000 3,197,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 130,000 195,598,000 202,089,000 3,029,000 100,000 13,355,000 17,122,000
31-Dec-2018 GBP 80,000 129,096,000 132,237,000 1,859,000 100,000 16,527,000 20,191,000
31-Dec-2017 GBP 52,000 113,471,000 105,134,000 1,681,000 100,000 18,583,000 22,068,000
31-Dec-2016 GBP 85,000 75,510,000 72,307,000 1,611,000 100,000 12,066,000 15,324,000
31-Dec-2015 GBP 83,533,000 77,411,000 1,760,000 100,000 15,457,000 17,982,000
31-Dec-2014 GBP 30,019,000 31,030,000 100,000 6,376,000 8,901,000
31-Dec-2013 GBP 14,750,000 17,823,000 100,000 3,520,000 6,045,000
31-Dec-2012 GBP 20,783,000 24,024,000 100,000 3,352,000 5,877,000
31-Dec-2011 GBP 20,173,000 22,847,000 100,000 3,293,000 5,818,000
31-Dec-2010 GBP 18,000 28,661,000 23,639,000 100,000 4,206,000 6,731,000
31-Dec-2008 GBP 37,000 21,355,000 19,801,000 100,000 1,081,000

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 Frederic LE LOUARN 15 Jun 2007 24 Feb 2010 0 - 19
Resigned Stefan BAUER 03 May 2005 18 Apr 2008 0 - 21
Resigned John Stewart COCKBURN 29 Sep 2003 04 May 2005 0 - 26
Resigned Anthony John HAMES 16 Aug 1999 30 Sep 2003 0 - 24

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Tamara MILOVANOVIC 05 Feb 2024 Vp Finance Europe Region Serbian,Canadian 1 - 00 (0.0%)
Active Deborah Katia HOCHSTAETTLER 14 Feb 2023 Finance Swiss 8 - 00 (0.0%)
Resigned John Tyler RENNIE 01 Mar 2021 14 Feb 2023 Director British 0 - 121 (8.3%)
Active Christian Mark WOOLFENDEN 01 Nov 2020 Managing Director Uk & Ireland British 8 - 21 (10.0%)
Resigned Christian Mark WOOLFENDEN 01 Nov 2020 14 Feb 2023 Managing Director Uk & Ireland British 5 - 194 (16.7%)
Resigned Stefan BAUER 01 Oct 2019 30 Sep 2023 Vp Finance Eu German 0 - 10 (0.0%)
Resigned Hamed MODABBER 21 Aug 2017 01 Mar 2021 Finance Director German 0 - 121 (8.3%)
Resigned Peter Clive NIXON 20 Dec 2016 01 Nov 2020 Managing Director British 0 - 131 (7.7%)
Resigned Claire Marie Louise Georgette MAHE 01 Jul 2015 31 Jul 2017 Director French 0 - 130 (0.0%)
Resigned Frank VROEMEN 01 Jul 2014 01 Oct 2019 Director Dutch 0 - 90 (0.0%)
Resigned Martin William INKSTER 01 Aug 2012 30 Nov 2017 Director Australian 0 - 131 (7.7%)
Resigned Karl SOUSA 04 May 2012 30 Jun 2015 Director Portuguese 0 - 110 (0.0%)
Resigned Stephane PAGANUZZI 24 Feb 2010 04 May 2012 Finance French/Italian (Duel) 0 - 100 (0.0%)
Resigned Daniel Pierre Alain FAHRNY 08 Oct 2009 30 Jun 2014 Finance Swiss 0 - 100 (0.0%)
Resigned Jens Helfried BEHRENDT 26 Feb 2009 31 Jul 2012 Managing Director German 0 - 90 (0.0%)
Resigned Jeanne POLLES 14 Apr 2008 26 Feb 2009 Managing Director French 0 - 90 (0.0%)
Resigned Frederic LE LOUARN 15 Jun 2007 24 Feb 2010 Finance Manager French 0 - 190 (0.0%)
Resigned Michelle WARD 02 Oct 2006 18 Apr 2008 General Manager British 0 - 100 (0.0%)
Resigned Stefan BAUER 03 May 2005 18 Apr 2008 Finance Manager German 0 - 210 (0.0%)
Resigned Mark Greer SAINE 10 Jan 2005 08 Oct 2009 Accountant American 0 - 100 (0.0%)
Resigned John Stewart COCKBURN 29 Sep 2003 04 May 2005 Finance Director British 0 - 266 (23.1%)
Resigned Javier MULLER 08 May 2003 02 Oct 2006 Commercial Director German 0 - 20 (0.0%)
Resigned Joachim Walter Viktor PSOTTA 08 May 2003 12 Jan 2005 Vp Finance German 0 - 100 (0.0%)
Resigned Anthony John HAMES 06 Nov 1998 30 Sep 2003 Director British 0 - 241 (4.2%)
Resigned Philip Joseph MILEY 06 Nov 1998 23 May 2003 General Manager British 0 - 10 (0.0%)
Resigned Michael HILL 06 Nov 1998 10 Jun 2003 Director British 0 - 20 (0.0%)
Resigned CLIFFORD CHANCE SECRETARIES LIMITED 20 Aug 1998 16 Aug 1999 0 - 19461092 (56.1%)
Resigned Peter John CHARLTON 20 Aug 1998 06 Nov 1998 British 0 - 598291 (48.7%)
Resigned Martin Edgar RICHARDS 20 Aug 1998 06 Nov 1998 British 0 - 873442 (50.6%)
Number of active directors: 3
Average tenure of active directors: 1.6 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 3.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
UNITED KINGDOM TOBACCO COMPANY LIMITED(THE) (00236303) - Active
ACRIN (TOBACCOS) LIMITED (00424948) - Active
PARK TOBACCO LIMITED (00480629) - Active
ORECLA INVESTMENTS LIMITED (00511177) - Active
PARK (U.K.) LIMITED (02352403) - Active
PHILIP MORRIS GROUP PENSION PLAN TRUSTEES LIMITED (03302724) - Active
PHILIP MORRIS LIMITED (03619145) - Active
NICOCIGS LIMITED (06622136) - Active - Proposal to Strike off
PHILIP MORRIS EGYPT HOLDINGS LIMITED (08623273) - Active
PAN AFRICA ENTREPRENEURS LIMITED (09584910) - Active
EVERINGTON LIMITED (12472711) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-09-012014-09-012013-09-012012-09-012011-09-01
PHILIP MORRIS SAORDINARY100,000
100%
100,000
100%
100,000
100%
100,000
100%
100,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PHILIP MORRIS 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
2021-01-01 2021-06-30 58 27% 39% 47532
2020-07-01 2020-12-31 58 26% 33% 40338
2020-01-01 2020-06-30 61 29% 39% 33702
2019-07-01 2019-12-31 56 28% 44% 25724
2019-01-01 2019-06-30 60 23% 35% 19262
2018-07-01 2018-12-31 64 29% 41% 11924
2018-01-01 2018-06-30 59 25% 44% 3442


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46350 Wholesale of tobacco products)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
IMPERIAL TOBACCO LIMITED 121 WINTERSTOKE ROAD, BRISTOL, ENGLAND, BS3 2LL 01860181 2017-09-30 4,486,000,000 1,745,000,000 64209-Activities of other holding companies not elsewhere classified
IMPERIAL TOBACCO INTERNATIONAL LIMITED 121 WINTERSTOKE ROAD, BRISTOL, BS3 2LL 00116917 2017-09-30 2,367,022,000 -7,054,000
PHILIP MORRIS LIMITED 10 HAMMERSMITH GROVE, LONDON, W6 7AP 03619145 2017-12-31 929,812,000 13,899,000
BRITISH AMERICAN TOBACCO UK LIMITED BUILDING 7, CHISWICK BUSINESS PARK, 566 CHISWICK HIGH ROAD, LONDON, ENGLAND, W4 5YG 02346565 2017-12-31 110,842,000 6,430,000
FLAVOUR WAREHOUSE LIMITED GLOBAL WAY, GLOBAL WAY, DARWEN, LANCASHIRE, ENGLAND, BB3 0RW 08791964 2017-11-30 27,687,914 0 47260-Retail sale of tobacco products in specialised stores
BALKSBURY COMPANY LIMITED LAVENDER COTTAGE, 6 BRITWELL ROAD, WATLINGTON, OXON, UNITED KINGDOM, OX49 5JS 02848430 2018-08-31 271,870 0
HAVANA CIGARS LTD 18 KINGSGATE PLACE, LONDON, NW6 4TA 04614697 2018-06-30 21,327 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
PHILIP MORRIS 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 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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