GENERAL ELECTRIC ENERGY UK LIMITED

ST LEONARDS BUILDING, HARRY KERR DRIVE, STAFFORD, ENGLAND AND WALES, ST16 1WT

Previous name: ALSTOM LTD (changed on 10-May-2016)

Company Number: 04267931
Incorporation date: 09-Aug-2001
Status: Active
Entity type: Private Limited Company

SIC codes:
27120 Manufacture of electricity distribution and control apparatus
28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
30990 Manufacture of other transport equipment not elsewhere classified
33170 Repair and maintenance of other transport equipment not elsewhere classified


SUMMARY

This company is 22.7 years old and is currently active. It is controlled by General Electric Uk Holdings Ltd.. The company has negative equity (net assets) of GBP -283.4 million which has worsened since the previous year's figure of GBP -271.7 million. The latest reported revenue figure is GBP 444.2 million which is down -30% on the previous year. 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 -388.4 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 3 active officers (directors or partners) who are or were officers of 7 other companies. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2023
Accounts Filed: FULL (31-Dec-2021)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 444,172,000 -4,518,000 6,009,000 21,336,000 -20,145,000
31-Dec-2018 GBP 637,228,000 -20,901,000 7,401,000 20,705,000
31-Dec-2017 GBP 522,641,000 -98,187,000 1,573,000 20,639,000
31-Mar-2017 GBP 744,142,000 139,891,000 425,000 32,046,000
31-Mar-2015 GBP 100,000
31-Mar-2014 GBP 14,400,000
31-Mar-2013 GBP 1,700,000 5,000,000 37,000,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 28,554,000 809,168,000 610,874,000 50,265,000 100,000,000 -388,400,000 -283,401,000
31-Dec-2018 GBP 41,155,000 1,719,015,000 1,290,184,000 17,267,000 100,000,000 -372,255,000 -271,668,000
31-Dec-2017 GBP 21,539,000 1,648,075,000 100,000,000 -180,259,000 -80,132,000
31-Mar-2017 GBP 1,695,712,000 1,011,508,000 100,000,000 -185,966,000
31-Mar-2015 GBP 527,200,000 1,072,500,000 447,800,000 100,000,000 113,500,000 213,500,000
31-Mar-2014 GBP 8,587,000,000 1,270,100,000 405,300,000 1,000,000,000 5,545,000,000 654,500,000
31-Mar-2013 GBP 3,089,000,000 923,000,000 430,000,000 1,000,000,000 1,865,000,000 286,500,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2015 GBP -900.00% -900,000,000 1,000,000,000 100,000,000 -4,007,100,000
* 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)
Active OAKWOOD CORPORATE SECRETARY LIMITED 29 May 2019 29 Mar 2024 1405 - 1245
Resigned Zahra PEERMOHAMED 04 May 2016 19 Jul 2018 0 - 42
Resigned Iain Graham Ross MACDONALD 20 Oct 2010 04 May 2016 0 - 1
Resigned Robert Michael PURCELL 12 Apr 2010 20 Oct 2010 0 - 1
Resigned Altan Denys CLEDWYN DAVIES 09 Aug 2001 12 Apr 2010 11 - 66

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Kevin KIERNAN 10 Jun 2021 Director Irish 1 - 00 (0.0%)
Active Kevin Marc SLAUGHTER 09 Nov 2020 Senior Finance Manager British,South African 4 - 00 (0.0%)
Active Steven Robert MILLER 28 Mar 2018 Director British 4 - 20 (0.0%)
Resigned Fintan TUFFY 24 Jun 2016 30 Mar 2018 Managing Director Irish 0 - 30 (0.0%)
Resigned Mark Edward Monckton ELBORNE 11 Jan 2016 25 Aug 2016 Business Executive British 3 - 163 (15.8%)
Resigned Stuart James Robert MACLEOD 16 Oct 2014 01 Dec 2015 Finance Director British 20 - 213 (7.3%)
Resigned Iain Kennedy RUTHERFORD 23 Nov 2012 10 Jun 2021 Unit Managing Director Ttt British 3 - 10 (0.0%)
Resigned Bruce Henry BALL 01 Sep 2012 30 Jan 2015 Vp Human Resources Canadian 0 - 72 (28.6%)
Resigned Kevin John MARRIOTT 15 Sep 2011 10 Jun 2014 Commercial Vice President - North West Europe British 0 - 30 (0.0%)
Resigned Terence Stuart WATSON 15 Sep 2011 01 Dec 2015 Managing Director British 0 - 382 (5.3%)
Resigned Iain Graham Ross MACDONALD 04 Feb 2011 31 Mar 2021 Solicitor British 3 - 3512 (31.6%)
Resigned Keith David CARR 19 Apr 2010 23 Nov 2012 General Counsel British 0 - 20 (0.0%)
Resigned Helena Claire AUSTIN 04 Mar 2010 01 Sep 2012 Hr Director British 0 - 41 (25.0%)
Resigned Robert Michael PURCELL 01 Oct 2008 16 Oct 2014 Finance Director British 6 - 239 (31.0%)
Resigned Stephen Rex BURGIN 08 Jan 2008 18 Feb 2016 Country President British 2 - 328 (23.5%)
Resigned Paul Leonard ROBINSON 19 Oct 2007 31 Jul 2011 Md Alstom Transport British 1 - 50 (0.0%)
Resigned James Wilson MILNER 19 Mar 2007 06 Apr 2008 Chartered Accountant British 0 - 82 (25.0%)
Resigned Robert Philippe MAHLER 19 Mar 2007 27 Jan 2010 President France Alstom French 0 - 62 (33.3%)
Resigned Ian David KELLITT 19 Mar 2007 30 Jun 2008 Svp Corporate Tax British 0 - 40 (0.0%)
Resigned Eric Andrew PRESCOTT 22 Nov 2004 31 May 2007 Country President British 2 - 5012 (23.1%)
Resigned Mark FLICKER 01 Oct 2004 31 Mar 2007 Vp Finance British 4 - 2620 (66.7%)
Resigned Patrick KRON 07 Apr 2004 31 Mar 2007 Chairmn & Ceo French 0 - 51 (20.0%)
Resigned Philippe Serge Yves JAFFRE 05 Apr 2004 05 Sep 2007 Chief Financial Officer French 0 - 20 (0.0%)
Resigned Henri POUPART LAFARGE 01 Apr 2004 15 Sep 2011 Transport President French 0 - 10 (0.0%)
Resigned Paul Stuart BARRON 17 Apr 2002 28 May 2004 Country President British 1 - 269 (33.3%)
Resigned Nicholas Robin SALMON 17 Apr 2002 29 Feb 2004 Executive Vp British 15 - 304 (8.9%)
Resigned Roger MCDONALD 17 Apr 2002 31 Jan 2003 Svp Transport Uk British 13 - 81 (4.8%)
Resigned Christopher David TILSTON 17 Apr 2002 31 Jul 2003 Vp Tds British 0 - 62 (33.3%)
Resigned Clive Alistair, Dr PALMER 17 Apr 2002 30 Apr 2003 Commercial Director English 0 - 80 (0.0%)
Resigned Mark Harry PAPWORTH 17 Apr 2002 26 Jul 2002 Managing Director British 0 - 74 (57.1%)
Resigned David ALLSWORTH 17 Apr 2002 24 Oct 2002 Finance Director British 0 - 199 (47.4%)
Resigned John Arthur TYLER 17 Apr 2002 18 Mar 2011 Director Treasury & Insurance British 0 - 40 (0.0%)
Resigned Altan Denys CLEDWYN DAVIES 09 Aug 2001 12 Apr 2010 Legal Director British 11 - 6633 (42.9%)
Resigned David THOMAS 09 Aug 2001 31 Mar 2006 Hr Director British 0 - 185 (27.8%)
Number of active directors: 3
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ALSTOM RESOURCES MANAGEMENT LTD (00540682) - Active
GE POWER UK (00778482) - Active
GE BOVING HIMACHAL PRADESH LIMITED (03147914) - Active
IGE ENERGY SERVICES (UK) LIMITED (03499114) - Active
GENERAL ELECTRIC UK HOLDINGS LTD. (04267912) - Active
GENERAL ELECTRIC ENERGY UK LIMITED (04267931) - Active
GE STEAM POWER LTD (04347573) - Active
DREAM PROPERTY INVESTMENTS LTD (12245953) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-08-172019-08-172015-08-092014-08-092013-08-09
GENERAL ELECTRIC UK HOLDINGS LTD.ORDINARY100,000,000
100%
0
0%
0
0%
0
0%
0
0%
ALSTOM UK HOLDINGS LTD.ORDINARY0
0%
100,000,000
100%
0
0%
0
0%
0
0%
ALSTOM UK HOLDINGS LTDORDINARY0
0%
0
0%
100,000,000
100%
100,000,000
100%
100,000,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2021-04-042021-01-112018-01-112017-08-172016-08-15
GENERAL ELECTRIC ENERGY UK LIMITEDORDINARY24,886,957
100%
1,001
100%
1
100%
1
100%
1
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GENERAL ELECTRIC ENERGY UK LIMITED

Controlled companies below

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
2021-07-01 2021-12-31 30 18% 62% 53828
2021-01-01 2021-06-30 54 48% 42% 48395
2020-07-01 2020-12-31 59 42% 54% 41048
2020-01-01 2020-06-30 83 70% 50% 34032
2019-07-01 2019-12-31 67 57% 66% 27681
2019-01-01 2019-06-30 74 59% 70% 19547
2018-07-01 2018-12-31 64 57% 64% 11768
2018-01-01 2018-06-30 77 51% 54% 3900


COURT CASES


Date Title Reference Subject
2018-07-25 Miss E Reynolds v General Electric Energy UK Ltd [2018] UKET 2500688/2018 Disability Discrimination
2018-07-17 Mr M Holms v General Electric Energy UK Ltd [2018] UKET 1301864/2017 Trade Union Membership

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 27120 Manufacture of electricity distribution and control apparatus)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SCHNEIDER ELECTRIC LIMITED STAFFORD PARK 5, TELFORD SHROPSHIRE, TF3 3BL 01407228 2017-12-31 640,494,000 33,246,000
GENERAL ELECTRIC ENERGY UK LIMITED ST LEONARDS BUILDING, HARRY KERR DRIVE, STAFFORD, ENGLAND AND WALES, UNITED KINGDOM, ST16 1WT 04267931 2017-12-31 522,641,000 -133,954,000 28110-Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
30990-Manufacture of other transport equipment not elsewhere classified
33170-Repair and maintenance of other transport equipment not elsewhere classified
SIEMENS TRANSMISSION AND DISTRIBUTION LIMITED C A PARSONS WORKS, SHIELDS ROAD, NEWCASTLE UPON TYNE, ENGLAND, NE6 2YL 00631825 2017-09-30 232,172,000 -19,676,000 35120-Transmission of electricity
35130-Distribution of electricity
ELECTRIUM SALES LIMITED PINEHURST 2, PINEHURST ROAD, FARNBOROUGH, HAMPSHIRE, UNITED KINGDOM, GU14 7BF 02226729 2017-09-30 68,370,000 3,468,000 27330-Manufacture of wiring devices
J.W. & E. MORRIS & SON LIMITED MENZIES LLP 5TH FLOOR, HODGE HOUSE, 114-116 ST MARY STREET, CARDIFF, CF10 1DY 01505158 2017-06-30 47,872,339 1,570,798 43210-Electrical installation
DHOOT TRANSMISSION ( UK ) LIMITED UNIT 4, BONTOFT AVENUE, HULL, ENGLAND, HU5 4HF 06063279 2018-03-31 9,071,656 0
SELECT SWITCHGEAR AND CONTROL LIMITED UNIT 2, 7 MAGNA ROAD, WIGSTON, LEICESTER, LE18 4ZH 06216749 2018-04-30 2,686,296 0
C&R ELECTRICAL AND ELECTRONIC SERVICES LIMITED BRITANNIC HOUSE, 279 CHANTERLANDS AVENUE, HULL, NORTH HUMBERSIDE, HU5 4DS 03964982 2018-04-30 881,471 0 28990-Manufacture of other special-purpose machinery not elsewhere classified
62090-Other information technology service activities
MR ROBINSON'S PRODUCTIONS LTD 13 TOLLINGTON WAY, ISLINGTON, LONDON, N7 6RG 03912213 2019-01-31 98,509 0
GREENWAY SOLUTIONS LTD 16 BUCKINGHAM ROAD, AYLESBURY, BUCKS, HP19 9PZ 05184879 2018-07-31 23,310 0
ELECTRONIC CONTROL SPECIALISTS LIMITED 74 ALDREDS LANE, HEANOR, DERBYSHIRE, DE75 7HG 03819886 2018-03-27 18,110 0
MODATEC LIMITED 6 HILL MEADOW, OVERTON, BASINGSTOKE, HAMPSHIRE, RG25 3JD 02219513 2018-03-31 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
GENERAL ELECTRIC ENERGY UK LIMITED 0.8% 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 1.0% 5.6% 10.9% Medium
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