EXPLORE 2050 MANUFACTURING LIMITED

BRIDGE PLACE ANCHOR BOULEVARD, ADMIRALS PARK CROSSWAYS, DARTFORD, KENT, DA2 6SN

Previous name: EXPLORE MANUFACTURING LIMITED (changed on 01-Apr-2022)
Previous name: MALLING PRODUCTS LIMITED (changed on 10-Dec-2009)

Company Number: 04040804
Incorporation date: 26-Jul-2000
Status: Active
Entity type: Private Limited Company

SIC codes:
23610 Manufacture of concrete products for construction purposes
41201 Construction of commercial buildings




SUMMARY

This company is 23.7 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -24.6 million which has worsened since the previous year's figure of GBP -22.2 million. The latest reported revenue figure is GBP 48 million which is up 70% on previous year's figure of GBP 28.5 million. 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 -24.6 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 4 active officers (directors or partners) who are or were officers of 70 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2019 GBP 47,981,000 -2,401,000
31-Mar-2018 GBP 28,468,000 -4,155,000 -3,362,000
31-Mar-2017 GBP 36,697,000 -9,368,000 -7,478,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 17,709,000 61,729,000 -24,624,000 -24,624,000
31-Mar-2018 GBP 20,904,000 63,303,000 -22,223,000 -22,223,000
31-Mar-2017 GBP 12,089,000 50,213,000 -18,861,000 -18,861,000

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)
Active Robert Edward TURNER 29 Jun 2016 28 Mar 2024 1 - 0
Resigned Teresa Ann STYANT 28 May 2010 29 Jun 2016 0 - 1
Resigned Clive William Price MCKENZIE 26 Jul 2000 28 May 2010 2 - 129

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Martin STAEHR 26 Apr 2022 Business Unit Leader Danish 4 - 10 (0.0%)
Active Peter John LYONS 26 Apr 2022 Business Unit Leader Irish 4 - 00 (0.0%)
Active Rowan Clare BAKER 18 Dec 2020 Director British 43 - 261 (1.4%)
Resigned Noel Alan GASKIN 20 Dec 2019 04 Dec 2020 Business Unit Leader Irish 0 - 30 (0.0%)
Active Declan James MCGEENEY 20 Dec 2019 General Manager Irish 10 - 50 (0.0%)
Resigned Alexander Stewart MCINTYRE 18 Oct 2017 18 Dec 2020 Director British 5 - 16684 (49.1%)
Resigned Stephen John HARLEY 01 Jul 2016 20 Dec 2019 Director British 5 - 70 (0.0%)
Resigned Paul William MCNERNEY 27 May 2015 20 Dec 2019 Business Unit Leader British 2 - 70 (0.0%)
Resigned Steve COLEBY 27 May 2015 01 Jul 2016 Director British 17 - 292 (4.3%)
Resigned Stuart Robert PURVES 27 May 2015 01 Jul 2016 Chartered Accountant British 0 - 230 (0.0%)
Resigned Callum Mitchell TUCKETT 07 Aug 2014 27 May 2015 Director British 0 - 576 (10.5%)
Resigned Russell Guy KELLETT 01 Sep 2011 29 May 2015 Project Manager British 0 - 70 (0.0%)
Resigned Peter Spencer VARNSVERRY 18 Jan 2010 27 Jan 2011 Director British 0 - 50 (0.0%)
Resigned Paul Cornelius COLLINS 23 Mar 2009 07 Aug 2014 Finance Director Irish 2 - 489 (18.0%)
Resigned Callum Mitchell TUCKETT 02 May 2006 01 Jun 2009 Director British 0 - 576 (10.5%)
Resigned Philip Michael WAINWRIGHT 02 May 2006 09 Mar 2007 Chartered Accountant British 0 - 547 (13.0%)
Resigned Hugh WATERS 02 May 2006 01 Jun 2009 Director British 1 - 124 (30.8%)
Resigned Mihajlo, Dr KAZIC 06 Jan 2003 02 May 2006 Civil Servant German 0 - 20 (0.0%)
Resigned Martin Andrew Spencer SIMONS 15 Jun 2001 02 May 2006 Chartered Civil Engineer British 0 - 30 (0.0%)
Resigned Grant Hutcheson MCGREGOR 05 Feb 2001 31 Oct 2002 Chartered Surveyor British 0 - 40 (0.0%)
Resigned Allan Philip JORDAN 06 Nov 2000 02 May 2006 Plan Engineer British 0 - 90 (0.0%)
Resigned David Anthony SHILLITO 06 Nov 2000 27 May 2015 Civil Engineer British 0 - 30 (0.0%)
Resigned Nigel Anthony HARPER 06 Nov 2000 07 May 2003 Civil Servant British 1 - 62 (28.6%)
Resigned Hugh Desmond O'ROURKE 06 Nov 2000 14 Mar 2014 Struc Engineer Irish 1 - 120 (0.0%)
Resigned Barry DYE 06 Nov 2000 28 Jun 2002 Quant Surveyor British 0 - 10 (0.0%)
Resigned Bernard Anthony DEMPSEY 06 Nov 2000 01 Sep 2011 Quant Surveyor British 0 - 438 (18.6%)
Resigned Raymond Gabriel O'ROURKE 06 Nov 2000 02 May 2006 Struc Engineer Irish 4 - 5613 (21.7%)
Resigned Stephen HOLLINGSHEAD 06 Nov 2000 31 Oct 2005 Civil Engineer British 0 - 232 (8.7%)
Resigned HALLMARK SECRETARIES LIMITED 26 Jul 2000 26 Jul 2000 0 - 87774057 (46.2%)
Resigned Dennis Arthur JOHNSON 26 Jul 2000 02 May 2006 Accountant British 2 - 10031 (30.4%)
Resigned HALLMARK REGISTRARS LIMITED 26 Jul 2000 26 Jul 2000 0 - 74033394 (45.8%)
Number of active directors: 4
Average tenure of active directors: 2.9 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 0.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
JOHN LAING CONSTRUCTION LIMITED (00172161) - Active
VISTRY GROUP PLC (00306718) - Active
EXPANDED PILING LIMITED (00414814) - Active
JOHN LAING INTERNATIONAL LIMITED (00623253) - Active
ELLIS MECHANICAL SERVICES LIMITED (00963218) - Active
O.C. SUMMERS LIMITED (00969372) - Active
O'ROURKE CIVIL & STRUCTURAL ENGINEERING LIMITED (01323856) - Active
LAING ENGINEERING LIMITED (01541508) - Active
MCCARTHY & STONE PROPERTIES LIMITED (01925738) - Active
SELECT PLANT HIRE COMPANY LIMITED (01973463) - Active
THE PLANNING BUREAU LIMITED (02207050) - Active
MARAVALE INVESTMENTS (UK) LIMITED (02632144) - Active
R.O'ROURKE & SON LIMITED. (02671992) - Active
O'ROURKE CIVIL ENGINEERING LIMITED (02810023) - Active
LAING O'ROURKE (HONG KONG) LIMITED (02821952) - Active - Proposal to Strike off
O'ROURKE INVESTMENTS LIMITED (02823261) - Active
LAING CONSTRUCTION LIMITED (03074000) - Active
STRONGFORCE ENGINEERING PLC (03342392) - Active
VETTER UK LIMITED (03455837) - Active
LAING LIMITED (03637584) - Active
EXPLORE 2050 MANUFACTURING LIMITED (04040804) - Active
EXPLORE LIVING BALLS PARK LIMITED (04139712) - Active
ANCHOR BOULEVARD LIMITED (04171675) - Active
LAING O'ROURKE HOLDINGS LIMITED (04222533) - Active
LAING O'ROURKE PLC. (04222545) - Active
LAING O'ROURKE MIDLANDS LIMITED (04309378) - Active
LAING O'ROURKE DELIVERY LIMITED (04309402) - Active
LAING O'ROURKE UTILITIES LIMITED (04309417) - Active
LAING O'ROURKE SCOTLAND LIMITED (04309432) - Active
LAING O'ROURKE CONSTRUCTION SOUTH LIMITED (04309434) - Active
LAING O'ROURKE INFRASTRUCTURE LIMITED (04309441) - Active
LAING O'ROURKE WALES & WEST LIMITED (04309445) - Active
LINDEN COURT LIMITED (04322139) - Active
LAING O'ROURKE SERVICES LIMITED (04364919) - Active
LAING O'ROURKE PROPERTIES (ERITH) LIMITED (04531115) - Active
CROWN HOUSE TECHNOLOGIES LIMITED (05083313) - Active
EXPLORE 2050 ENGINEERING LIMITED (05117890) - Active
O'ROURKE INVESTMENTS HOLDINGS (UK) LIMITED (05152347) - Active
EXPLORE CAPITAL LIMITED (05258424) - Active
EXPLORE LIVING LIMITED (05398492) - Active
EXPANDED STRUCTURES LIMITED (05407121) - Active
EXPANDED DEMOLITION LIMITED (05407122) - Active
EXPLORE INVESTMENTS LIMITED (05490297) - Active
EXPLORE LIVING PROPERTY MANAGEMENT LIMITED (05597437) - Active
MCCARTHY & STONE (EQUITY INTERESTS) LIMITED (05663330) - Active
CLM DELIVERY PARTNER LIMITED (05796284) - Active
EXPLORE INVESTMENTS (NO.1) LIMITED (05835462) - Active
MCCARTHY & STONE (HOME EQUITY INTERESTS) LIMITED (05984851) - Active
MCCARTHY & STONE (TOTAL CARE LIVING) LIMITED (06069509) - Active
COVENTRY URBAN REGENERATION LIMITED (06371949) - Active
MCCARTHY & STONE INVESTMENT PROPERTIES NO.23 LIMITED (06496130) - Active
MCCARTHY & STONE (DEVELOPMENTS) LIMITED (06622183) - Active
MCCARTHY & STONE LIMITED (06622199) - Active
MCCARTHY & STONE RETIREMENT LIFESTYLES LIMITED (06622231) - Active
LAING O'ROURKE MANUFACTURING HOLDINGS LIMITED (06725938) - Active
LAING O'ROURKE MANUFACTURING LIMITED (06725943) - Active
CELLENCE PLUS LIMITED (06726412) - Active
GLASS REINFORCED CONCRETE UK LIMITED (06795454) - Active
MCCARTHY & STONE RENTAL INTERESTS NO. 1 LIMITED (06897272) - Active
MCCARTHY & STONE TOTAL CARE MANAGEMENT LIMITED (06897301) - Active
MCCARTHY & STONE (EXTRA CARE LIVING) LIMITED (06897363) - Active
MCCARTHY & STONE ESTATES LIMITED (07165952) - Active
MCCARTHY & STONE LIFESTYLE SERVICES LIMITED (07165986) - Active
MCCARTHY & STONE (ALNWICK) LIMITED (07517819) - Active
MCCARTHY & STONE FINANCIAL SERVICES LIMITED (07798214) - Active
ORTUS HOMES LIMITED (08658235) - Active
EXPLORE TRANSPORT LIMITED (09403776) - Active
SWANLAND MSRL LIMITED (10326825) - Active
MCCARTHY & STONE RENTAL PROPERTIES LIMITED (11771289) - Active
MCCARTHY & STONE RENTAL PROPERTIES NO. 2 LIMITED (11822847) - Active
MCCARTHY & STONE RENTAL PROPERTIES NO. 3 LIMITED (12143464) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-07-262014-07-262013-07-262012-07-26
R O'ROURKE & SON LIMITEDORDINARY2
100%
2
100%
2
100%
2
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

EXPLORE 2050 MANUFACTURING 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
2023-04-01 2023-09-30 50 37% 58% 77282


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 23610 Manufacture of concrete products for construction purposes)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MARSHALLS MONO LIMITED LANDSCAPE HOUSE PREMIER WAY, LOWFIELDS BUSINESS PARK, ELLAND, WEST YORKSHIRE, HX5 9HT 00509579 2017-12-31 400,609,000 55,258,000
TARMAC BUILDING PRODUCTS LIMITED INTERCHANGE 10, RAILWAY DRIVE, WOLVERHAMPTON, UNITED KINGDOM, WV1 1LH 04026569 2017-12-31 207,729,000 4,066,000 23620-Manufacture of plaster products for construction purposes
23640-Manufacture of mortars
23990-Manufacture of other non-metallic mineral products not elsewhere classified
H+H UK LIMITED CELCON HOUSE, IGHTHAM, SEVENOAKS, KENT, TN15 9HZ 00247647 2017-12-31 82,956,000 11,111,000
CPM GROUP LIMITED LANDSCAPE HOUSE PREMIER WAY, LOWFIELDS BUSINESS PARK, ELLAND, ENGLAND, HX5 9HT 01005164 2017-12-31 55,338,000 -12,070,000
FORTICRETE LIMITED LEICESTER ROAD, IBSTOCK, LEICESTERSHIRE, LE67 6HS 00221210 2017-12-31 43,753,000 3,609,000
SUPREME CONCRETE LIMITED LEICESTER ROAD, IBSTOCK, LEICESTERSHIRE, LE67 6HS 01410463 2017-12-31 40,234,789 8,289,140
STOWELL CONCRETE LIMITED ARNOLDS WAY, YATTON, SOMERSET, BS49 4QN 01059577 2018-06-30 26,502,755 0 23690-Manufacture of other articles of concrete, plaster and cement
THORP PRECAST LIMITED VALLEY SAW MILL, APEDALE ROAD, CHESTERTON, NEWCASTLE UNDER LYME, STAFFS, ST5 6BN 05219420 2017-12-31 19,484,555 0
BESBLOCK LIMITED BARDON HALL, COPT OAK ROAD, MARKFIELD, LEICESTERSHIRE, ENGLAND, LE67 9PJ 01059042 2018-04-30 12,185,684 0
LIDGET COMPTON LIMITED OLD LINEN COURT, 83-85 SHAMBLES STREET, BARNSLEY, SOUTH YORKSHIRE, ENGLAND, S70 2SB 02556614 2018-03-31 7,803,742 0
C. WARRICK & SON (CONCRETE) LIMITED SEAGATE ROAD,, LONG SUTTON,, SPALDING, PE12 9AD 00402545 2017-12-31 588,194 0
DMD DIRECT LIMITED UNIT 3 LANGHAM INDUSTRIAL PARK MANSFIELD ROAD, CORBRIGGS, CHESTERFIELD, DERBYSHIRE, S41 0GG 07770769 2017-12-31 149,834 0 23690-Manufacture of other articles of concrete, plaster and cement
23910-Production of abrasive products
23990-Manufacture of other non-metallic mineral products not elsewhere classified

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
EXPLORE 2050 MANUFACTURING 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 0.8% 3.8% 7.5% Medium
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