TIMES BEDS LTD

1 KINGS AVENUE, WINCHMORE HILL, LONDON, N21 3NA

Company Number: 04388391
Incorporation date: 06-Mar-2002
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
31030 Manufacture of mattresses





SUMMARY

This company is 22.1 years old and is currently liquidation. It is controlled by Mr Istikhar Hussain. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -356.9 thousand but has improved from GBP -678.6 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 321.7 thousand in the last reported period. Retained earnings is negative (GBP -356.9 thousand), 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 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-Mar-2017
Accounts Filed: TOTAL EXEMPTION SMALL (30-Jun-2015)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2015 GBP 56,863 351,963 847,375 20,020 90 -356,944 -356,854
30-Jun-2014 GBP 829 343,012 1,259,301 90 -678,678 -678,588
30-Jun-2013 GBP 447 1,123,128 1,378,076 90 40,744 40,834
30-Jun-2012 GBP 5,983 1,260,439 1,435,695 90 38,622 38,712
30-Jun-2011 GBP 1,155,941 1,276,600 55,265 90 53,283 53,373

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 Akhmet HUSSAIN 02 Sep 2003 19 May 2016 None British 0 - 7

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Akhmet HUSSAIN 02 Sep 2003 19 May 2016 None British 0 - 74 (57.1%)
Resigned Sakhawat HUSSAIN 02 Sep 2003 19 May 2016 Director British 0 - 21 (50.0%)
Resigned? Istikhar HUSSAIN 06 Mar 2002 Bed Manufacturer British 3 - 32 (33.3%)
Resigned FORM 10 SECRETARIES FD LTD 06 Mar 2002 12 Mar 2002 0 - 31571362 (43.1%)
Resigned FORM 10 DIRECTORS FD LTD 06 Mar 2002 12 Mar 2002 0 - 2692214065 (52.2%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TIMES BEDS LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 31030 Manufacture of mattresses)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SILENTNIGHT GROUP LIMITED LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ 07525259 2018-02-03 144,902,000 11,461,000
SILENTNIGHT HOLDINGS LIMITED LONG ING BUSINESS PARK, LONG ING LANE, BARNOLDSWICK, LANCASHIRE, BB18 6BJ 07627383 2018-02-03 144,902,000 11,461,000
RELYON LIMITED LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL 00470381 2017-09-30 42,905,000 2,216,000 31090-Manufacture of other furniture
STEINHOFF UK BEDS LIMITED PRICEWATERHOUSECOOPERS LLP LEVEL 8, CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL 08431253 2017-09-30 40,868,000 3,489,000
AIRSPRUNG FURNITURE LIMITED CANAL ROAD INDUSTRIAL ESTATE, TROWBRIDGE, WILTSHIRE, BA14 8RL 01503406 2018-03-31 39,901,000 -782,000 31090-Manufacture of other furniture
THE MANSION HOUSE BEDDING COMPANY LIMITED 6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH 02575156 2018-03-31 8,867,001 0
DREAMWORKS BEDS LIMITED 7 BROOK LANE, BROOK LANE INDUSTRIAL ESTATE, WESTBURY, WILTSHIRE, BA13 4EP 04773416 2017-12-31 8,415,010 0
SIGMA FOAM LIMITED UNIT 1 PROVIDENCE MILLS, THORNTON STREET, CLECKHEATON, WEST YORKSHIRE, BD19 5BT 08291152 2017-10-31 2,427,219 0
LION BEDS LIMITED UNIT 4C SIMMONDS ROAD, WINCHEAP RETAIL PARK, CANTERBURY, CT1 3RA 07465498 2018-03-31 0 0
MANSION HOUSE HOLDINGS LIMITED 6 WHITTLE ROAD, HADLEIGH ROAD INDUSTRIAL ESTATE, IPSWICH, SUFFOLK, IP2 0UH 04824096 2019-03-31 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH 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
Company status 100.0% 99.4% 99.9% High
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 3.5% 7.3% 10.5% Medium
Accounting Month 0.7% 5.7% 7.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public