ADES LIMITED

1 EASTMOOR STREET, LONDON, SE7 8LX

Company Number: 05126129
Incorporation date: 12-May-2004
Status: Active
Entity type: Private Limited Company

SIC codes:
10120 Processing and preserving of poultry meat
10200 Processing and preserving of fish, crustaceans and molluscs
46310 Wholesale of fruit and vegetables
47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating


SUMMARY

This company is 19.9 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 1.4 million which has increased from GBP 1.1 million in the previous year. The latest reported revenue figure is GBP 15.8 million which is up 10% on previous year's figure of GBP 14.4 million. The company has 1 active officers (directors or partners) who are or were officers of 18 other companies, 5 (27.8%) 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: 29-Feb-2024
Accounts Filed: FULL (31-May-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2019 GBP 15,829,202 432,287 244 31,559 85,316 315,653
31-May-2018 GBP 14,351,391 448,496 6 31,887 79,012 337,603
31-May-2017 GBP 12,217,517 304,372 3 83,261 88,680 132,434


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2019 GBP 255,099 2,576,114 1,844,087 192,163 100 1,406,265 1,406,365
31-May-2018 GBP 470,591 2,054,278 1,083,590 256,936 100 1,110,612 1,110,712
31-May-2017 GBP 596,810 2,041,701 1,310,319 256,719 100 868,009 868,109

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)
Resigned Gbemisola Labake ADEDIPE 15 May 2004 01 Jan 2013 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Michael Olushola ADEDIPE 15 May 2004 Director British 11 - 86 (31.6%)
Resigned FORM 10 SECRETARIES FD LTD 12 May 2004 14 May 2004 0 - 2534913344 (52.6%)
Resigned FORM 10 DIRECTORS FD LTD 12 May 2004 14 May 2004 0 - 2683414006 (52.2%)
Number of active directors: 1
Average tenure of active directors: 19.9 years
Average tenure of resigned directors: 0.0 years
Average active director Dissolution Rate: 31.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ADES LIMITED (05126129) - Active
BANTUWAYADES LIMITED (06769554) - Dissolved
MEGA RESOURCES LIMITED (07724611) - Active
AFRICAN BUSINESS FORUM (08940264) - Dissolved
THAMES COUNTRY AND GOLF CLUB LIMITED (09071856) - Dissolved
DOUBLE C HOLDINGS LTD (10342247) - Dissolved
ADES SALFORD M7 (UK) LIMITED (10726693) - Active
ADES WHOLESALE (UK) LIMITED (10726698) - Active
ADES FOUNDATION (10727038) - Active
ADES CHARLTON SE7 (UK) LIMITED (10727130) - Active
ADES ONLINE (UK) LIMITED (10727224) - Active
ADES THAMESMEAD SE28 (UK) LIMITED (10727306) - Active
HIC ASSETS LIMITED (11215981) - Active
IFEANGEL LIMITED (11229459) - Active
BTO CONSULTING LTD (11407451) - Dissolved
ADES SALFORD M7 (UK) LIMITED (11730592) - Active
MOA FOODS LIMITED (11770880) - Active
OLD AFRICA FOODS LIMITED (12933367) - Active - Proposal to Strike off
ADES HOLDINGS LIMITED (13372137) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-122015-05-122014-05-122013-05-122012-05-12
MICHAEL ADEDIPEORDINARY100
100%
100
100%
100
100%
100
100%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ADES LIMITED

Controlled companies below

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: 10120 Processing and preserving of poultry meat)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MOY PARK LIMITED THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, BT63 5QE NI004842 2017-12-31 1,506,485,000 59,273,000
2 SISTERS FOOD GROUP LIMITED TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE 02826929 2017-07-29 1,050,805,000 -31,776,000
FACCENDA FOODS LIMITED WILLOW ROAD, BRACKLEY, NORTHANTS, NN13 7EX 01611077 2018-06-02 594,396,898 20,259,022
2 SISTERS POULTRY LIMITED GEORGE STREET, COUPAR ANGUS, BLAIRGOWRIE, PERTHSHIRE, PH13 9LU SC440782 2017-07-29 528,477,000 -5,759,000
FREEMANS OF NEWENT LIMITED GRANDSTAND, ROAD, HEREFORD, ENGLAND, HR4 9PB 00745426 2018-05-31 155,844,565 2,990,430
SALISBURY POULTRY (MIDLANDS) LIMITED SALISBURY COURT, HARE STREET, BILSTON, WEST MIDLANDS, WV14 7DX 03073979 2017-12-31 113,048,896 3,071,263
PMJ FOODS UK LTD. NORMAN COLLETT HOUSE TRANSFESA ROAD, PADDOCK WOOD, TONBRIDGE, KENT, ENGLAND, TN12 6UT 07402732 2017-12-31 44,723,208 0
ALWINS AUTHENTIC JERK PRODUCTS LIMITED UNIT 17, BROOKSIDE INDUSTRIAL ESTATE, WEDNESBURY, WEST MIDLANDS, WS10 0QZ 07402465 2018-12-31 11,764 0
CCL HOLDINGS LIMITED CRANE COURT HESSLEWOOD COUNTRY OFFICE PARK, FERRIBY ROAD, HESSLE, ENGLAND, HU13 0PA 02800280 0000-00-00 0 0 10910-Manufacture of prepared feeds for farm animals
MOY PARK (NEWCO) LTD THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, CO. ARMAGH, BT63 5QE NI624578 0000-00-00 0 0 10130-Production of meat and poultry meat products

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
ADES LIMITED 0.8% 4.4% 7.5% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 1.0% 5.6% 10.9% Medium
Do you have a dispute with a business?
Make it public