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ADEY INNOVATION LIMITED
UNIT 2 ST MODWEN PARK, HARESFIELD, STONEHOUSE, GL10 3EZPrevious name: ADEY LTD (changed on 18-Dec-2017)
Company Number: 05001590
Incorporation date: 22-Dec-2003
Status: Active
Entity type: Private Limited Company
SIC codes:
46740 Wholesale of hardware, plumbing and heating equipment and supplies
71121 Engineering design activities for industrial process and production
71200 Technical testing and analysis
72190 Other research and experimental development on natural sciences and engineering
SUMMARY
This company is 20.3 years old and is currently active. It is controlled by Adey Holdings (2008) Limited. The company has positive equity (net assets) of GBP 39.9 million which has decreased from the previous year's figure of GBP 39.9 million. The latest reported revenue figure is GBP 41.8 million which is similar to the previous year's figure of GBP 41 million. The company has 2 active officers (directors or partners) who are or were officers of 63 other companies, 19 (30.2%) of which have since been dissolved or are proposed for strike off. 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-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 41,781,000 | 11,663,000 | -119,000 | |||
31-Dec-2018 | GBP | 40,972,000 | 351,000 | ||||
31-Dec-2017 | GBP | 11,495,000 | 3,956,000 | -399,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 7,824,000 | 56,677,000 | 21,469,000 | 196,000 | 39,903,000 | 39,903,000 | ||
31-Dec-2018 | GBP | 7,824,000 | 56,677,000 | 21,469,000 | 196,000 | 39,903,000 | 39,903,000 | ||
31-Dec-2017 | GBP | 7,700,000 | 46,065,000 | 22,134,000 | 385,000 | 27,300,000 | 27,300,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Emma Gayle VERSLUYS | 10 Feb 2021 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Andrea Nicola ADEY | 22 Dec 2003 | 06 Jun 2016 | British | 1 - 7 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Timothy Neil PULLEN | 01 Nov 2023 | Director | British | 52 - 10 | 19 (30.6%) | |
Active | Joseph Michael VORIH | 28 Feb 2022 | Director | American | 54 - 0 | 20 (37.0%) | |
Resigned | Martin Keith PAYNE | 10 Feb 2021 | 28 Feb 2022 | Ceo | British | 1 - 7 | 0 (0.0%) |
Resigned | Paul Anthony JAMES | 10 Feb 2021 | 30 Sep 2023 | Cfo | British | 1 - 57 | 13 (22.4%) |
Resigned | Matthew William David WEBBER | 23 Oct 2019 | 10 Feb 2021 | Managing Director | British | 0 - 7 | 0 (0.0%) |
Resigned | John David VAUGHAN | 23 Oct 2019 | 15 Apr 2020 | Ceo | British | 0 - 8 | 1 (12.5%) |
Resigned | Dean BROWN | 06 Jun 2016 | 10 Feb 2021 | Finance Director | British | 0 - 8 | 1 (12.5%) |
Resigned | Edward Arthur DAVIES | 06 Jun 2016 | 16 Oct 2019 | Chief Operating Officer | British | 1 - 28 | 6 (20.7%) |
Resigned | Paul STRUDLEY | 01 Apr 2012 | 07 Oct 2013 | Sales Director | British | 0 - 3 | 0 (0.0%) |
Resigned | Kelvin Eugene STEVENS | 01 Sep 2011 | 07 Oct 2013 | Managing Director | British | 0 - 4 | 0 (0.0%) |
Resigned | Edward Arthur DAVIES | 14 Dec 2010 | 07 Oct 2013 | Director/Solicitor | British | 1 - 28 | 6 (20.7%) |
Resigned | Roger Thomas WILLIAMS | 27 Jan 2010 | 23 Jan 2012 | Sales Director | British | 0 - 2 | 1 (50.0%) |
Resigned | Philip SADLER | 27 Jan 2010 | 04 Apr 2011 | Technical Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Rebekah Louise HOWARD | 27 Jan 2010 | 07 Oct 2013 | Commercial Director | British | 2 - 4 | 0 (0.0%) |
Resigned | Haimish Mccoll MEAD | 27 Jan 2010 | 07 Oct 2013 | Marketing Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Stewart BARNES | 20 Nov 2009 | 20 Mar 2012 | Management Consultant | British | 3 - 2 | 1 (20.0%) |
Resigned | Andrea Nicola ADEY | 01 Nov 2007 | 06 Jun 2016 | None | British | 1 - 7 | 0 (0.0%) |
Resigned | SWIFT INCORPORATIONS LIMITED | 22 Dec 2003 | 22 Dec 2003 | 3 - 80222 | 34091 (42.5%) | ||
Resigned | Christopher John ADEY | 22 Dec 2003 | 06 Jun 2016 | Plumber | British | 3 - 6 | 0 (0.0%) |
Average tenure of active directors: 1.2 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 33.8%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-12-22 | 2014-12-22 | 2013-12-22 | 2012-12-22 | 2011-12-22 | ||
ADEY HOLDINGS (2008) LIMITED | ORDINARY | 1 50% | 1 50% | 1 50% | 1 50% | 1 50% |
ADEY HOLDINGS (2008) LIMITED | ORDINARY | 1 50% | 1 50% | 1 50% | 1 50% | 1 50% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date |
---|---|---|
2018-06-15 | ||
ADEY INNOVATION LIMITED | ORDINARY | 1 100% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ADEY INNOVATION LIMITED
Controlled companies below
LATE PAYMENTS REPORT
Start date | End date | Average days to pay | % invoices paid over 60 days | % invoices not paid within agreed terms | Gov.uk report |
---|---|---|---|---|---|
2023-07-01 | 2023-12-31 | 57 | 44% | 2% | 80807 |
2023-01-01 | 2023-06-30 | 52 | 45% | 3% | 74424 |
2022-07-01 | 2022-12-31 | 52 | 38% | 9% | 67494 |
2022-01-01 | 2022-06-30 | 58 | 48% | 6% | 61709 |
2021-07-01 | 2021-12-31 | 54 | 44% | 5% | 54868 |
2021-01-01 | 2021-06-30 | 50 | 42% | 4% | 48810 |
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
46740 Wholesale of hardware, plumbing and heating equipment and supplies)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
CITY PLUMBING SUPPLIES HOLDINGS LIMITED | HIGHBOURNE HOUSE ELDON WAY, CRICK INDUSTRIAL ESTATE, CRICK, NORTHAMPTON, UNITED KINGDOM, NN6 7SL | 02489546 | 2017-12-31 | 586,600,000 | 1,100,000 | |
A P P WHOLESALE PLC | UNIT 1 RADFORD INDUSTRIAL ESTATE, GOODHALL STREET, LONDON, ENGLAND, NW10 6UA | 06552800 | 2018-07-31 | 167,238,501 | 4,899,545 | |
A P P WHOLESALE PLC | UNIT 1 RADFORD INDUSTRIAL ESTATE, GOODHALL STREET, LONDON, ENGLAND, NW10 6UA | 06552800 | 2018-07-31 | 167,238,501 | 0 | |
WILLIAMS TRADE SUPPLIES LIMITED | UNIT 13 STANDARD WAY, FAREHAM INDUSTRIAL PARK, FAREHAM, HAMPSHIRE, PO16 8XB | 01864711 | 2017-11-30 | 73,334,245 | 2,467,759 | |
M.P. MORAN & SONS LIMITED | 293-301 KILBURN HIGH ROAD, LONDON, NW6 7JR | 01218121 | 2017-12-31 | 58,106,970 | 6,014,094 |
47520-Retail sale of hardware, paints and glass in specialised stores |
HANSGROHE LIMITED | UNIT 2 EDGEHILL DRIVE, TOURNAMENT FIELDS, WARWICK, ENGLAND, CV34 6XQ | 02485328 | 2017-12-31 | 50,023,000 | 10,522,000 | |
PRIMAFLOW LIMITED | VOTEC HOUSE, HAMBRIDGE LANE, NEWBURY, ENGLAND, RG14 5TN | 02662075 | 2017-12-31 | 38,958,000 | 3,971,000 | |
FRIDGE SPARES WHOLESALE LTD | DELTA HOUSE FAIRWAY, BRIDGTOWN, CANNOCK, STAFFORDSHIRE, WS11 0DJ | 01801677 | 2013-12-31 | 32,518,661 | 315,745 | |
WALLS AND FLOORS LIMITED | GARRARD WAY, TELFORD WAY INDUSTRIAL ESTATE, KETTERING, NORTHAMPTONSHIRE, ENGLAND, NN16 8TD | 04652706 | 2018-03-31 | 31,213,431 | 0 | |
CLAYGATE DISTRIBUTION LIMITED | PATTENDEN LANE, MARDEN, NR TONBRIDGE, KENT, TN12 9QJ | 01371982 | 2017-09-30 | 23,349,436 | 0 | |
BELL PLUMBING SUPPLIES LTD | UNIT 27 PRINCE ROAD, KINGS NORTON BUSINESS CENTRE, BIRMINGHAM, B30 3HB | 05984631 | 2018-02-28 | 19,339,793 | 0 | |
ROLSON TOOLS LIMITED | ROLSON HOUSE LONDON ROAD, RUSCOMBE, TWYFORD, BERKSHIRE, RG10 9HZ | 01947688 | 2017-12-31 | 15,220,990 | 0 | |
PLUMBSTORE (PLUMBING + HEATING SUPPLIES) LTD. | SUITE 3, UNIT 2, 11 CAMBUSLANG ROAD, CAMBUSLANG INVESTMENT PARK, GLASGOW, SCOTLAND, G32 8NB | SC273404 | 2017-12-31 | 14,861,127 | 0 | |
CUBICO (UK) LIMITED | PEEL AVENUE, CALDER BUSINESS PARK, WAKEFIELD, WEST YORKSHIRE, ENGLAND, WF2 7UA | 08073879 | 2017-11-30 | 13,748,243 | 0 |
47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
DALE HARDWARE LIMITED | 30 FINSBURY SQUARE, LONDON, EC2A 1AG | 03254785 | 2017-12-31 | 13,504,196 | 0 | |
ALBION 4C LIMITED | 8 TOLLGATE, STANBRIDGE EARLS, ROMSEY, HAMPSHIRE, SO51 0HE | 05677101 | 2018-06-30 | 12,951,735 | 0 | |
TILES & BATHS DIRECT LIMITED | UNIT 5 SWAKER YARD, 2B THEOBALD STREET, HERTS, ENGLAND, WD6 4SE | 04151664 | 2018-04-30 | 8,557,106 | 0 |
46760-Wholesale of other intermediate products |
BIASI UK LIMITED | WEST MIDLANDS HOUSE, GIPSY LANE, WILLENHALL, ENGLAND, WV13 2HA | 02452619 | 2017-12-31 | 8,317,741 | 0 | |
C.S.S. ELECTRICAL DISTRIBUTORS LIMITED | 32-34 CHURCHFIELD ROAD, ACTON, LONDON, W3 6EB | 02503951 | 2017-12-31 | 7,729,375 | 0 | |
B & J PLUMBING AND HEATING SUPPLIES LIMITED | 333 GREENFORD ROAD, GREENFORD, ENGLAND, UB6 8RE | 04178192 | 2018-03-31 | 2,397,194 | 0 | |
NAVITRON LIMITED | 2 LANDS END WAY, OAKHAM, RUTLAND, LE15 6RB | 05041660 | 2017-08-31 | 882,968 | 0 | |
QUALITY FIXING SUPPLIES LTD | UNIT 26 WYNDHAM STREET, ARGYLE STREET, HULL, HU3 1HD | 03781088 | 2017-06-30 | 622,751 | 0 | |
THERMAL PROTECTION & CONTROLS LIMITED | SUITE 6 FALCON HOUSE, 19 DEER PARK ROAD, WIMBLEDON, LONDON, SW19 3UX | 07352583 | 2017-08-31 | 257,117 | 0 | |
D.J.N. PLUMBING SUPPLIES LIMITED | 65 LODGE ROAD, WALSALL, WEST MIDLANDS, WS5 3LA | 07094527 | 2018-12-31 | 158,071 | 0 | |
CONQUEST AND AUSTIN LIMITED | 18 AUSTIN CANONS, KEMPSTON, BEDFORD, ENGLAND, MK42 8AS | 09833255 | 2017-10-31 | 52,510 | 0 | |
NEWHUNT LIMITED | BROOMHILL LODGE, MELVILLE DYKES RD, LASSWADE, SCOTLAND, EH18 1AN | SC554200 | 2019-01-31 | 52,066 | 0 |
46900-Non-specialised wholesale trade 85510-Sports and recreation education 93199-Other sports activities |
JFM TRADING LTD | 15 HASPALLS ROAD, SWAFFHAM, NORFOLK, ENGLAND, PE37 7PD | 09977418 | 2018-01-31 | 39,220 | 0 | |
R HILL SERVICES LIMITED | 47 OLYMPIA CLOSE, NORTHAMPTON, UNITED KINGDOM, NN4 0RU | 10036047 | 2018-03-31 | 12,855 | 0 | |
MEINE EUROPE LIMITED | ZONE G QUAY WEST SALAMANDER QUAY, HAREFIELD, UXBRIDGE, MIDDLESEX, UB9 6NZ | 04546556 | 2017-12-31 | 7,009 | 0 | |
GABBS OF KENT LTD | 99 CANTERBURY ROAD, WHITSTABLE, UNITED KINGDOM, CT5 4HG | 10477454 | 2018-11-30 | 4,834 | 0 | |
ENPEX LTD | OFFICE 10 15A MARKET STREET, OAKENGATES, TELFORD, ENGLAND, TF2 6EL | 06323408 | 2018-07-31 | 3,574 | 0 | |
BREZO LIMITED | WEYBRIDGE FARM STAMBOURNE ROAD, GREAT YELDHAM, HALSTEAD, ESSEX, CO9 4RB | 08624595 | 2018-07-31 | 2,148 | 0 | |
ALLGOOD PLC | 63-83 BREARLEY STREET, BIRMINGHAM, B19 3NT | 02193307 | 2018-11-30 | 0 | 0 | |
INTERNATIONAL CERAMICS TRADING LIMITED | NEWTON HALL, TOWN STREET, NEWTON, CAMBRIDGE, CB22 7ZE | 02978672 | 2018-12-31 | 0 | 0 | |
MM2 LIMITED | LAWRENCE HOUSE, 5 ST. ANDREWS HILL, NORWICH, NORFOLK, NR2 1AD | 04832150 | 2018-12-31 | 0 | 0 | |
PLIMAT (UK) LIMITED | UNIT 7 NEWMANS COPSE ROAD HOUNSDOWN BUSINESS PARK, TOTTON, SOUTHAMPTON, HAMPSHIRE, SO40 9LX | 03048432 | 2018-09-30 | 0 | 0 | |
LONDON BIDCO LIMITED | UNIT 2 ST MODWEN PARK, HARESFIELD, STONEHOUSE, GLOUCESTERSHIRE, UNITED KINGDOM, GL10 3EZ | 10203557 | 0000-00-00 | 0 | 0 | |
LONDON FINCO LIMITED | UNIT 2 ST MODWEN PARK, HARESFIELD, STONEHOUSE, GLOUCESTERSHIRE, UNITED KINGDOM, GL10 3EZ | 10202279 | 0000-00-00 | 0 | 0 | |
LONDON TOPCO LIMITED | UNIT 2 ST MODWEN PARK, HARESFIELD, STONEHOUSE, GLOUCESTERSHIRE, UNITED KINGDOM, GL10 3EZ | 10201981 | 0000-00-00 | 0 | 0 | |
ROXOR GROUP LIMITED | HAMNETT HOUSE, GIBBET STREET, HALIFAX, ENGLAND, HX2 0AX | 10446715 | 0000-00-00 | 0 | 0 | |
UK PLUMBING SUPPLIES LIMITED | QUAYSIDE 2A WILDERSPOOL PARK, GREENALLS AVENUE, STOCKTON HEATH, CHESHIRE, ENGLAND, WA4 6HL | 02723962 | 0000-00-00 | 0 | 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 |
---|---|---|---|---|
ADEY INNOVATION LIMITED | 0.8% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | 0.7% | 2.3% | 4.9% | Medium |
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 | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 1.0% | 5.6% | 10.9% | Medium |