WARD & CORRIGAN LIMITED

3 LLOYD ROAD, BROADSTAIRS, KENT, CT10 1HY

Company Number: 04806996
Incorporation date: 23-Jun-2003
Status: Active
Entity type: Private Limited Company

SIC codes:
95250 Repair of watches, clocks and jewellery





SUMMARY

This company is 20.8 years old and is currently active. It is controlled by Mr Jeremy Brian Ward. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -29.6 thousand which has worsened since the previous year's figure of GBP -18.3 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -11.4 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 -29.6 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: 29-Mar-2024
Accounts Filed: TOTAL EXEMPTION FULL (29-Jun-2022)


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
29-Jun-2023 GBP 501 47,579 79,546 20,099 2 -29,638 -29,636
29-Jun-2022 GBP 501 45,781 59,971 29,846 2 -18,267 -18,265
29-Jun-2021 GBP 24,018 58,018 42,557 50,000 2 -6,010 -6,008
29-Jun-2020 GBP 34,027 62,184 100,038 2 -6,791 -6,789
29-Jun-2019 GBP 25,218 65,478 107,281 2 -6,964 -6,962
30-Jun-2018 GBP 1,000 52,455 103,831 2 -13,257 -13,255
30-Jun-2017 GBP 1,000 47,000 118,980 2 -30,052 -30,050
30-Jun-2016 GBP 500 46,500 130,142 2 -38,813 -38,811

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)
Active Jeremy Brian WARD 01 Jan 2004 29 Mar 2024 Jeweller British 3 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Jeremy Brian WARD 23 Jun 2003 Jeweller British 3 - 00 (0.0%)
Resigned ABERGAN REED NOMINEES LIMITED 23 Jun 2003 23 Jun 2003 2 - 1637823 (50.2%)
Resigned Jennifer KENNICER 23 Jun 2003 30 Apr 2009 Jeweller British 0 - 10 (0.0%)
Resigned ABERGAN REED LIMITED 23 Jun 2003 23 Jun 2003 0 - 1830942 (51.5%)
Number of active directors: 1
Average tenure of active directors: 20.8 years
Average tenure of resigned directors: 2.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
WARD & CORRIGAN LIMITED (04806996) - Active
GRANT CLOSE SERVICES LIMITED (09717363) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WARD & CORRIGAN 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: 95250 Repair of watches, clocks and jewellery)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes

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
WARD & CORRIGAN LIMITED 0.7% 3.8% 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 0.5% 2.1% 4.2% Medium
Accounting Month 0.7% 5.7% 7.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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