Do you have a dispute with a business?
Make it public
ULTIMATE FINANCE GROUP LIMITED
FIRST FLOOR, EQUINOX NORTH GREAT PARK ROAD, BRADLEY STOKE, BRISTOL, BS32 4QLCompany Number: 04350565
Incorporation date: 10-Jan-2002
Status: Active
Entity type: Private Limited Company
SIC codes:
64992 Factoring
SUMMARY
This company is 22.2 years old and is currently active. It is controlled by Bentley Park (Uk) Limited. The company has positive equity (net assets) of GBP 5.8 million which has decreased from the previous year's figure of GBP 10.2 million. The latest reported revenue figure is GBP 35 million which is up 10% on previous year's figure of GBP 31.9 million. Retained earnings is negative (GBP -24.9 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 2 active officers (directors or partners) who are or were officers of 22 other companies. 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: 30-Sep-2024Accounts Filed: GROUP (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 34,976,000 | -4,058,000 | -385,000 | |||
31-Dec-2018 | GBP | 31,930,000 | -4,246,000 | 15,000 | 991,000 | ||
31-Dec-2017 | GBP | 26,657,000 | -5,371,000 | 9,000 | -145,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 26,663,000 | 269,848,000 | 241,059,000 | 24,113,000 | 24,266,000 | 6,450,000 | -24,923,000 | 5,793,000 |
31-Dec-2018 | GBP | 36,521,000 | 236,459,000 | 227,639,000 | 24,266,000 | 6,450,000 | 10,227,000 | ||
31-Dec-2017 | GBP | 11,964,000 | 139,784,000 | 150,064,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 100.00% | 30,716,000 | 0 | 30,716,000 | -8,884,500 |
** 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 | Neil Armstrong MCMYN | 28 Jul 2015 | 28 Mar 2024 | 1 - 0 | ||
Resigned | David Jonathan BLAIN | 30 Jun 2014 | 28 Jul 2015 | 0 - 1 | ||
Resigned | Shane HORSELL | 10 Mar 2006 | 30 Jun 2014 | Finance Director | British | 1 - 30 |
Resigned | Darren Telfer NEWMAN | 28 Nov 2003 | 01 Dec 2005 | Accountant | British | 0 - 13 |
Resigned | Derek Francis ASHFORD | 24 May 2002 | 28 Nov 2003 | Finance Director | British | 2 - 25 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Joshua Marc LEVY | 04 Apr 2019 | Company Director | British | 15 - 0 | 0 (0.0%) | |
Active | Neil Armstrong MCMYN | 18 Sep 2015 | Director And Company Secretary | British | 10 - 8 | 0 (0.0%) | |
Resigned | Ronald Alexander ROBSON | 28 Jul 2015 | 04 Apr 2019 | Company Director | British | 16 - 110 | 69 (54.8%) |
Resigned | James Dominic BROOKE | 22 Oct 2013 | 28 Jul 2015 | Director | British | 7 - 21 | 9 (32.1%) |
Resigned | David Jonathan BLAIN | 22 Oct 2013 | 28 Jul 2015 | Chartered Accountant | British | 3 - 25 | 2 (7.1%) |
Resigned | Roger MCDOWELL | 23 Nov 2011 | 28 Jul 2015 | Managing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Matthew COOPER | 23 Nov 2011 | 18 May 2015 | Managing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Jonathan David Selby CRANSTON | 01 Nov 2010 | 31 Aug 2015 | Managing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Shane HORSELL | 10 Mar 2006 | 30 Jun 2014 | Finance Director | British | 1 - 30 | 8 (25.8%) |
Resigned | Darren Telfer NEWMAN | 11 Nov 2004 | 01 Dec 2005 | Accountant | British | 0 - 13 | 1 (7.7%) |
Resigned | Mark Jonathan HARRIS | 22 Oct 2002 | 11 Nov 2004 | Accountant | British | 4 - 67 | 24 (33.8%) |
Resigned | Jeremy Howard COOMBES | 24 May 2002 | 18 Sep 2015 | Director | British | 2 - 18 | 4 (20.0%) |
Resigned | Clive Richard GARSTON | 24 May 2002 | 31 Mar 2012 | Solicitor | British | 2 - 37 | 17 (43.6%) |
Resigned | Richard Elliot Michael LEE | 24 May 2002 | 23 Nov 2011 | Corporate Strategist | British | 0 - 26 | 9 (34.6%) |
Resigned | Derek Francis ASHFORD | 24 May 2002 | 13 Dec 2007 | Finance Director | British | 2 - 25 | 4 (14.8%) |
Resigned | Richard John PEPLER | 24 May 2002 | 23 Nov 2011 | Director | British | 0 - 8 | 1 (12.5%) |
Resigned | Brian Richard SUMNER | 24 May 2002 | 24 Oct 2007 | Director | British | 0 - 9 | 2 (22.2%) |
Resigned | HALLIWELLS DIRECTORS LIMITED | 10 Jan 2002 | 24 May 2002 | 0 - 563 | 280 (49.7%) | ||
Resigned | HALLIWELLS SECRETARIES LIMITED | 10 Jan 2002 | 24 May 2002 | 0 - 775 | 401 (51.7%) | ||
Resigned | HL SECRETARIES LIMITED | 10 Jan 2002 | 24 May 2002 | 0 - 105 | 57 (54.3%) |
Average tenure of active directors: 6.8 years
Average tenure of resigned directors: 4.7 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2021-01-10 | 2018-01-10 | 2017-01-10 | 2016-01-10 | 2015-01-10 | ||
BENTLEY PARK (UK) LIMITED | ORDINARY | 85,324,700 100% | 485,324,700 100% | 75,324,700 100% | 0 0% | 0 0% |
RENOVO GROUP PLC | ORDINARY | 0 0% | 0 0% | 0 0% | 75,324,700 100% | 75,324,700 100% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date | ||
---|---|---|---|---|
2017-11-20 | 2016-11-20 | 2015-11-07 | ||
ULTIMATE FINANCE GROUP LIMITED | ORDINARY | 2 100% | 2 50% | 2 50% |
ULTIMATE FINANCE GROUP LIMITED | ORDINARY | 0 0% | 2 50% | 2 50% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ULTIMATE FINANCE GROUP 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 |
---|---|---|---|
2019-07-23 | Mr I Kelly v Ultimate Finance Group Ltd | [2019] UKET 2400091/2019 | Unfair Dismissal |
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
64992 Factoring)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
MACQUARIE COMMODITIES (UK) LIMITED | ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD | 05259474 | 2018-03-31 | 19,781,087 | 2,035,906 |
64999-Financial intermediation not elsewhere classified |
APEX FACTORS LTD | 15 STRAWBERRY AVENUE, LAWFORD, MANNINGTREE, ENGLAND, CO11 2DR | 06695900 | 2018-03-31 | 354,915 | 0 | |
FREELANCER INVOICING SERVICES LIMITED | 39 ST ANDREWS ROAD, WARMINSTER, WILTSHIRE, BA12 8ES | 05698463 | 2018-03-31 | 50,695 | 0 | |
MEDEX FACTORS LTD | 17 SKELTON CLOSE, LAWFORD, MANNINGTREE, ESSEX, ENGLAND, CO11 2HT | 04941625 | 2018-03-31 | 24,672 | 0 |
69202-Bookkeeping activities |
BB AUTO SERVICES LIMITED | 38 MANNINGTON PARK, SWINDON, UNITED KINGDOM, SN2 2EJ | 10265667 | 2017-07-31 | 24,009 | 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 |
---|---|---|---|---|
ULTIMATE FINANCE GROUP 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 | 0.6% | 1.5% | 2.5% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |