TONIK (UK) LIMITED

C/O JT MAXWELL LIMITED, 169 UNION STREET, OLDHAM, UNITED KINGDOM, OL1 1TD

Company Number: 04621241
Incorporation date: 19-Dec-2002
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
95210 Repair of consumer electronics





SUMMARY

This company is 21.3 years old and is currently liquidation. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -14.9 thousand which has worsened since the previous year's figure of GBP -9.1 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -5.8 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 -14.9 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 1 active officers (directors or partners) who are or were officers of 3 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: 30-Sep-2023
Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2021)


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
31-Dec-2021 GBP 29,820 29,820 3,570 44,403 1 -14,919 -14,918
31-Dec-2020 GBP 45,885 45,885 8,524 50,000 1 -9,130 -9,129
31-Dec-2019 GBP 13,649 1 -13,650 -13,649
31-Dec-2018 GBP -2,577 580 12,695 1,384 1 -13,372 -13,371
31-Dec-2017 GBP 905 12,203 3,492 -14,168
31-Dec-2016 GBP 9,178 15,335 5,600 1 -10,642 -10,641
31-Dec-2015 GBP 21,241 24,373 21,240 7,708 1 -3,260 -3,259
31-Dec-2014 GBP 3,281 6,164 13,418 1 -7,255 -7,254
31-Dec-2013 GBP 2,760 4,495 47,493 1 -42,651 -42,650
31-Dec-2012 GBP 2,717 4,013 40,105 40,105 1 -35,911 -35,910
31-Dec-2011 GBP 2,135 3,692 25,278 1 -21,260 -21,259

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 100.00% 1 0 1 3,727
31-Dec-2017 GBP inf% -1 1 0 4,547
* 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)
Resigned Christina KYRIACOU 20 Jan 2003 23 Dec 2011 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Michael SWAIN 18 Apr 2019 Engineer British 3 - 11 (25.0%)
Resigned Robert HAYES 18 Apr 2019 04 May 2020 Engineer British 2 - 22 (50.0%)
Resigned Anthony KYRIACOU 20 Jan 2003 18 Apr 2019 Director British 0 - 33 (100.0%)
Resigned EAC (DIRECTORS) LIMITED 19 Dec 2002 20 Jan 2003 0 - 724348 (48.1%)
Resigned EAC (SECRETARIES) LIMITED 19 Dec 2002 20 Jan 2003 3 - 1215679 (55.7%)
Number of active directors: 1
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 4.4 years
Average active director Dissolution Rate: 25.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TONIK (UK) LIMITED (04621241) - Liquidation
MNRB GROUP LTD (09904141) - Active
DIGITECH COMMERCIAL LIMITED (10735033) - Active
TECH 2 GROUP LIMITED (12795085) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TONIK (UK) 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


No Patents found

COMPETITORS

(Based on Sic code: 95210 Repair of consumer electronics)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
A NOVO UK LTD COMMUNICATIONS HOUSE, VULCAN ROAD NORTH, NORWICH, NORFOLK 03591124 2017-12-31 84,637,000 162,000
GADGET REPAIR SOLUTIONS LIMITED C/O FROST GROUP LIMITED, COURT HOUSE, THE OLD POLICE STATION, SOUTH STREET, ASHBY-DE-LA-ZOUCH, LEICESTERSHIRE, LE65 1BS 08098981 2017-12-31 5,745,965 0
AIR-WEB LIMITED THE BUSINESS ROOMS 28 THE AVENUE,, RUBERY, BIRMINGHAM, ENGLAND, B45 9AL 04748506 2018-03-31 372,668 0
IMEND LTD. HAVENLEA NEWPOUND COMMON, WISBOROUGH GREEN, BILLINGSHURST, WEST SUSSEX, RH14 0EJ 08050647 2018-04-30 133,221 0
MTAATM LIMITED SUITE 15 YEOVIL INNOVATION CENTRE BARRACKS CLOSE, COPSE ROAD, YEOVIL, SOMERSET, ENGLAND, BA22 8RN 08001194 2018-03-31 80,042 0
ANDORIK LTD STOKE ALBANY BUSINESS CENTRE ASHLEY RD ASHLEY ROAD, BUSINESS CENTRE, STOKE ALBANY, MARKET HARBOROUGH, ENGLAND, LE16 8PL 08708878 2018-09-30 31,434 0
THE MAC STUDIO LIMITED 46 NORMANHURST AVENUE, BOURNEMOUTH, DORSET, ENGLAND, BH8 9NP 09676963 2019-07-31 27,821 0
R P UNIQUE LIMITED 25 ALEXANDRA AVENUE, HARROW, MIDDLESEX, HA2 8PQ 03724100 2018-03-31 27,113 0
ICANMEND LTD C/O 42 VERNON ST, IPSWICH, SUFFOLK, IP2 8JB 09872745 2017-11-30 553 0
TECH SAVIOUR LIMITED THE APEX, 2 SHERIFFS ORCHARD, COVENTRY, ENGLAND, CV1 3PP 07805264 2018-03-31 190 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
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