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TAI PING CARPETS UK LIMITED
117-119 FULHAM ROAD, LONDON, SW3 6RLCompany Number: 04935618
Incorporation date: 17-Oct-2003
Status: Active
Entity type: Private Limited Company
SIC codes:
13931 Manufacture of woven or tufted carpets and rugs
SUMMARY
This company is 20.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 1.6 million which has increased from GBP 1.6 million in the previous year. The latest reported revenue figure is GBP 2.1 million which is down -30% on the previous year. Retained earnings is negative (GBP -3.8 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 1 active officers (directors or partners) who are or were officers of 1 other company. 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: 31-Mar-2024Accounts Filed: FULL (30-Jun-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2018 | GBP | 2,055,000 | 52,000 | 52,000 | |||
| 31-Dec-2017 | GBP | 3,032,000 | -278,000 | ||||
| 31-Dec-2016 | GBP | 3,167,318 | -11,590 | -11,590 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2018 | GBP | 512,000 | 2,411,000 | 797,000 | 3,248,000 | -3,772,000 | 1,629,000 | ||
| 31-Dec-2017 | GBP | 1,234,000 | 3,060,000 | 1,507,000 | 3,248,000 | -3,824,000 | 1,577,000 | ||
| 31-Dec-2016 | GBP | 55,240 | 2,136,279 | 2,221,443 | 3,247,889 | -5,443,508 | -43,044 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Dec-2017 | GBP | 0.00% | 111 | 3,247,889 | 3,248,000 | 2,603,325 |
** 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 | Corine LECATHELINAIS | 23 Jun 2014 | 16 Apr 2024 | 1 - 0 | ||
| Resigned | Jean-Loup Marie COLLIER | 06 Jan 2010 | 23 Jun 2014 | 0 - 1 | ||
| Resigned | Wai Man Raymond MAK | 20 Feb 2008 | 06 Jan 2010 | Chinese | 0 - 2 | |
| Resigned | John Mitchell SCOTT | 25 Oct 2005 | 20 Feb 2008 | Accountant | British | 1 - 2 |
| Resigned | Stephen Edward SCHICK | 17 Oct 2003 | 25 Oct 2005 | British | 6 - 2 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Resigned | Anthony William ASH | 01 Jun 2019 | 23 Dec 2021 | Emea Managing Director | British | 0 - 1 | 0 (0.0%) |
| Active | Alex Chi Sing LUNG | 01 Dec 2017 | Global Cfo | Chinese | 1 - 0 | 0 (0.0%) | |
| Resigned | Shyam Sunder BHATTER | 11 Aug 2015 | 19 Feb 2016 | Chief Financial Officer | American | 1 - 1 | 0 (0.0%) |
| Resigned | Wai Man Raymond MAK | 14 Dec 2005 | 06 Jan 2010 | Chief Financial Officer | Chinese | 0 - 2 | 0 (0.0%) |
| Resigned | Adam John Spencer JONES | 25 Oct 2005 | 16 Mar 2011 | Managing Director | British | 0 - 2 | 0 (0.0%) |
| Resigned | Ashley COX | 25 Oct 2005 | 16 Mar 2011 | Sales Director | British | 1 - 1 | 0 (0.0%) |
| Resigned | Alison Siobhan BAILEY | 17 Oct 2003 | 03 Dec 2003 | Finance Director | British | 0 - 1 | 0 (0.0%) |
Average tenure of active directors: 6.4 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
||
|---|---|---|
| TAI PING CARPETS UK LIMITED (04935618) - Active | ✔ |
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2015-11-26 | 2014-11-26 | 2013-11-26 | 2012-11-26 | 2011-11-26 | ||
| AMBERFIELD INVESTMENTS CO SA | ORDINARY | 3,247,889 100% | 20,000 100% | 20,000 100% | 20,000 100% | 20,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
TAI PING CARPETS 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
| Date | Title | Reference | Subject |
|---|---|---|---|
| 2009-09-15 | Tai Ping Carpets UK Ltd v Arora Heathrow T5 Ltd | [2009] EWHC 2305 (TCC) |
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
13931 Manufacture of woven or tufted carpets and rugs)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| MILLIKEN INDUSTRIALS LIMITED | BEECH HILL PLANT, GIDLOW LANE, WIGAN, LANCASHIRE, WN6 8RN | 00172105 | 2018-12-02 | 132,919,000 | 5,779,000 | |
| BRINTONS CARPETS LIMITED | WYRE FOREST HOUSE, FINEPOINT WAY, KIDDERMINSTER, WORCESTERSHIRE, ENGLAND, DY11 7WF | 07749331 | 2018-09-29 | 86,761,000 | 10,308,000 | |
| ULSTER CARPET MILLS (HOLDINGS) LIMITED | CASTLEISLAND FACTORY, PORTADOWN, CO ARMAGH, BT62 1EE | NI001207 | 2018-03-31 | 76,284,361 | 8,635,104 | |
| INTERFACE EUROPE LTD. | 10TH FLOOR, THE COLMORE BUILDING 20 COLMORE CIRCUS, QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT | 00309779 | 2017-12-31 | 72,588,000 | 2,583,000 | |
| G - TUFT LIMITED | THORNHILL ROAD BUSINESS PARK, TENTER FIELDS, DEWSBURY, WEST YORKSHIRE, WF12 9QT | 07917706 | 2018-04-29 | 23,329,780 | 0 |
13939-Manufacture of other carpets and rugs |
| TOFFEENOSE LIMITED | 1057, P.O.BOX 1057, P.O.BOX 1057, AYLESBURY, HP22 9PB | 06295132 | 2018-12-26 | 13,250 | 0 | |
| ANDRE FIGUEIREDO RUGS LIMITED | 3 BRACKENLEA, GODALMING, ENGLAND, GU7 2QR | 09454295 | 2018-02-28 | 3,469 | 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 |
|---|---|---|---|---|
| TAI PING CARPETS UK 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 | 0.7% | 2.2% | 3.8% | Medium |
| Accounting Month | 0.7% | 5.7% | 7.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
