Do you have a dispute with a business?
Make it public
SMC CORPORATION LIMITED
ASHCROFT HOUSE ERVINGTON COURT, MERIDIAN BUSINESS PARK, LEICESTER, LE19 1WLPrevious name: RANFOILLY LIMITED (changed on 10-Feb-2005)
Company Number: 04592657
Incorporation date: 18-Nov-2002
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
28240 Manufacture of power-driven hand tools
SUMMARY
This company is 21.4 years old and is currently liquidation. It is controlled by Tool Network Ltd. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -220.2 thousand which has worsened since the previous year's figure of GBP -105.1 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -115 thousand in the last reported period. 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 -220.2 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: 30-Sep-2021Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2019)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2019 | GBP | 153,529 | 289,942 | 523,944 | 33,800 | 1 | -220,181 | -220,180 | |
| 31-Dec-2018 | GBP | 162,678 | 301,890 | 407,505 | 46,800 | 1 | -105,133 | -105,132 | |
| 31-Dec-2017 | GBP | 89,138 | 415,911 | 326,395 | 62,400 | 1 | 83,918 | 83,919 | |
| 31-Dec-2016 | GBP | 8,606 | 257,007 | 213,402 | 1 | 101,114 | 101,115 | ||
| 31-Dec-2015 | GBP | 36,566 | 365,413 | 609,392 | 50,250 | -83,048 | -83,048 | ||
| 31-Dec-2014 | GBP | 31,390 | 398,419 | 509,587 | 250,250 | 1 | -208,513 | -208,512 | |
| 31-Dec-2013 | GBP | 26,350 | 438,338 | 550,902 | 250,250 | 1 | -211,675 | -211,674 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Dec-2016 | GBP | 100.00% | 1 | 0 | 1 | 2,540 |
| 31-Dec-2015 | GBP | inf% | -1 | 1 | 0 | 116,273 |
** 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) |
|---|---|---|---|---|---|---|
| Resigned | Neil Kevin STENTIFORD | 07 May 2004 | 01 Dec 2016 | Company Director | British | 2 - 6 |
| Resigned | Phaedra Marie STENTIFORD | 16 Apr 2003 | 07 May 2004 | 0 - 2 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Resigned? | Colin James ELLARD | 01 Dec 2016 | Company Director | British | 0 - 1 | 1 (100.0%) | |
| Resigned? | Neil Barry JEFFERY | 01 Dec 2016 | Company Director | British | 2 - 4 | 3 (50.0%) | |
| Resigned | Phaedra Marie STENTIFORD | 31 Mar 2010 | 31 Aug 2012 | Business Administrator | British | 0 - 2 | 2 (100.0%) |
| Resigned | Chetan PATEL | 07 May 2004 | 31 Mar 2010 | Company Director | American | 0 - 3 | 3 (100.0%) |
| Resigned | Jawad Gandour NUNES | 07 May 2004 | 31 Mar 2010 | Company Director | American | 0 - 6 | 3 (50.0%) |
| Resigned | Neil Kevin STENTIFORD | 16 Apr 2003 | 01 Dec 2016 | Director | British | 2 - 6 | 5 (62.5%) |
| Resigned | WARD HADAWAY COMPANY SECRETARIAL SERVICES LIMITED | 18 Nov 2002 | 16 Apr 2003 | 1 - 291 | 156 (53.4%) | ||
| Resigned | WARD HADAWAY INCORPORATIONS LIMITED | 18 Nov 2002 | 16 Apr 2003 | 0 - 275 | 151 (54.9%) | ||
| Resigned | WARD HADAWAY COMPANY SECRETARIAL SERVICES LIMITED | 18 Nov 2002 | 16 Apr 2003 | 1 - 291 | 156 (53.4%) |
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
SMC CORPORATION LIMITED
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
| Title | Date filed | Status | Publication number |
|---|---|---|---|
| Tool with collet chuck | 2008-07-04 | Terminated | GB2461576 |
COMPETITORS
(Based on Sic code:
28240 Manufacture of power-driven hand tools)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| GRIPP TECHNOLOGIES LIMITED | UNIT 4 DANIELS COURT, OFF GAS LANE, MOLD, FLINTSHIRE, WALES, CH7 1UR | 09038568 | 2018-05-31 | 92,760 | 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 | 0.5% | 2.1% | 4.2% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
