INX EUROPE LIMITED

HILLTOP ROAD HARESHILL DISTRIBUTION PARK, OFF HARESHILL ROAD, HEYWOOD, LANCASHIRE, OL10 2TW

Previous name: PINCO 2108 LIMITED (changed on 06-May-2004)

Company Number: 05075196
Incorporation date: 16-Mar-2004
Status: Active
Entity type: Private Limited Company

SIC codes:
20302 Manufacture of printing ink

SUMMARY

This company is 20.1 years old and is currently active. It is controlled by Inx International Ink Co.. The company has negative equity (net assets) of GBP -6.4 million but has improved from GBP -8.4 million in the previous year. 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 -42.6 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 5 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 are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2019	GBP	713,673	697,969	-340	-5,747,148
31-Dec-2018	GBP	353,867	542,286	308,362	-12,830,356
31-Dec-2017	GBP	238,405	595,584	51,991	-8,624,988

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Retained Earnings	Net Assets
31-Dec-2019	GBP	239,680	3,161,731	18,763,305	1	-42,627,619	-6,390,515
31-Dec-2018	GBP	1,374,963	6,509,591	22,224,951	1	-36,880,471	-8,368,467
31-Dec-2017	GBP	8,246,239	8,246,239	16,054,439	1	-24,050,115	-4,959,551

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	Bryce KRISTO	05 May 2004	16 Apr 2024	Company Vice President	American	2 - 0
Resigned	PINSENT MASONS SECRETARIAL LIMITED	16 Mar 2004	05 May 2004			454 - 2650

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Nicolas Georges SAGALOW	18 Oct 2023		Director	French	1 - 0	0 (0.0%)
Active	Cleomeen Carlo NOMIKOS	18 Oct 2023		Director	Dutch	1 - 0	0 (0.0%)
Resigned	John Lee HRDLICK	15 Apr 2019	12 Oct 2023	Director	American	0 - 1	0 (0.0%)
Active	Peter LOCKLEY	17 Jan 2019		Director	British	1 - 0	0 (0.0%)
Active	Toshihiko FUKUNAGA	29 Mar 2016		Director	Japanese	1 - 0	0 (0.0%)
Resigned	Naohisa YASUI	27 Jun 2013	29 Mar 2016	None	Japanese	0 - 1	0 (0.0%)
Resigned	Ellaby JONATHAN	31 Dec 2010	25 Mar 2022	Vp International	English	0 - 1	0 (0.0%)
Resigned	Kotaro MORITA	01 Oct 2009	27 Jun 2013	Company Chairman	Japanese	0 - 1	0 (0.0%)
Resigned	Antonio SAEZ TORRENS	12 May 2004	31 Dec 2010	Company President	Spanish	0 - 1	0 (0.0%)
Resigned	Hiroshi OTA	05 May 2004	30 Sep 2009	Company Chairman	Japanese	0 - 1	0 (0.0%)
Resigned	Richard CLENDENNING	05 May 2004	15 May 2019	Company President	American	0 - 1	0 (0.0%)
Active	Bryce KRISTO	05 May 2004		Company Vice President	American	2 - 0	0 (0.0%)
Resigned	PINSENT MASONS DIRECTOR LIMITED	16 Mar 2004	05 May 2004			3 - 846	354 (41.7%)

Number of active directors: 5
Average tenure of active directors: 6.9 years
Average tenure of resigned directors: 6.2 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Nicolas Georges SAGALOW	Cleomeen Carlo NOMIKOS	Peter LOCKLEY	Toshihiko FUKUNAGA	Bryce KRISTO
INX EUROPE LIMITED (05075196) - Active	✔	✔	✔	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-03-16	2015-03-16	2014-03-16	2013-03-16	2012-03-16
INX INTERNATIONAL INK CO	ORDINARY	4 100%	0 0%	0 0%	0 0%	0 0%
INX INTERNATIONAL INK CO LTD	ORDINARY	0 0%	1 100%	1 100%	1 100%	1 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2016-05-19	2015-05-19	2014-05-19	2013-05-19	2012-05-19
INX EUROPE LIMITED	ORDINARY	1,308,805 100%	1,308,805 100%	1,308,805 100%	1,308,805 100%	1,308,805 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Inx International Ink Co. (None - Usa) active

Controlling entities above

INX EUROPE LIMITED

Controlled companies below

>75%:INX INTERNATIONAL UK LIMITED (02716074 - UK) active

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: 20302 Manufacture of printing ink)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
FLINT INK (U.K.) LIMITED	VARN HOUSE NORTHBANK INDUSTRIAL ESTATE, BRINELL DRIVE, IRLAM, GREATER MANCHESTER, ENGLAND, M44 5BL	00326153	2017-12-31	98,444,000	718,000
G.PUREWAL LTD	UNIT 14, LENTON BOULEVARD, NOTTINGHAM, NG7 2BY	06925150	2018-06-30	574,357	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
INX EUROPE LIMITED	0.7%	3.6%	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	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium