JOINERY CLASSICS LIMITED

UNIT 24 WESTON INDUSTRIAL ESTATE, HONEYBOURNE, EVESHAM, WR11 7QB

Company Number: 05257515
Incorporation date: 12-Oct-2004
Status: Voluntary Arrangement
Entity type: Private Limited Company

SIC codes:
31010 Manufacture of office and shop furniture

SUMMARY

This company is 20.2 years old and is currently voluntary arrangement. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 104.8 thousand which has increased from GBP 87.4 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that Net Profit (less dividends) was GBP 17.5 thousand in the last reported period. Retained earnings is negative (GBP -214.2 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 4 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: 31-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Tax	Net Profit GBP
30-Nov-2017	GBP	3,793,535	-102,580	41,883	-28,844	-115,619
30-Nov-2016	GBP	3,031,995	272,020	28,120	41,843	202,057
30-Nov-2014	GBP		64,512	14,301
30-Nov-2013	GBP		70,014	7,775

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
31-Mar-2023	GBP	4,672	1,122,612	913,400	241,134	135,362	44,738	-214,226	104,805
31-Mar-2022	GBP	74,739	1,002,691	711,638	349,437	135,362	44,738	-231,680	87,351
31-Mar-2021	GBP	3,978	906,020	727,145	445,234	135,362	44,738	-352,342	-33,311
31-Mar-2020	GBP		728,333	1,065,347		135,362	44,738	-343,010	-162,910
30-Nov-2018	GBP	497	1,276,785	1,139,267	195,517	135,362	44,738	-27,626	152,474
30-Nov-2017	GBP	497	1,018,961	708,735	280,841	130,100		-59,635	70,465
30-Nov-2016	GBP	5,237	901,233	623,713	8,513	130,100		231,111	361,211
30-Nov-2015	GBP	12,299	866,611	622,691	17,162	130,100		175,279	305,379
30-Nov-2014	GBP	40,101	629,610	408,886	34,663	130,000		134,400	264,400
30-Nov-2013	GBP	23,289	604,178	335,287	20,812	130,000		225,225	355,225
30-Nov-2012	GBP	587	689,276	368,625	46,527	130,000		264,943	394,943
30-Nov-2011	GBP	87	566,732	331,475	44,151	130,000		229,842	359,842
30-Nov-2010	GBP	52,504	738,830	419,756	14,151	130,000		291,121	421,121

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Nov-2018	GBP	3.89%	50,000	1,236,222	1,286,222	1,498,904
30-Nov-2015	GBP	0.08%	100	130,000	130,100	129,763

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Resigned	Satel NAIK	21 Jun 2019	17 Mar 2020			0 - 1
Resigned	Yvonne Anne LYNN	12 Oct 2004	21 Jun 2019		British	0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Yvonne Anne LYNN	01 Oct 2020		Director	British	1 - 0	1 (100.0%)
Active	Donna BROADRICK	01 Oct 2020		Director	British	2 - 0	2 (100.0%)
Resigned	Robert James RABONE	10 Dec 2019	24 Feb 2020	Finance Director	British	4 - 35	23 (59.0%)
Active	Ian Paul BROADRICK	10 Dec 2019		Technical Director	British	2 - 2	3 (75.0%)
Resigned	Simon Paul GODLEMAN	09 Jul 2012	01 Aug 2014	Contracts Director	British	1 - 1	1 (50.0%)
Resigned	Michael Stephen SHELLAM	22 Oct 2007	23 May 2012	Director	British	0 - 2	2 (100.0%)
Resigned	Ian Paul BROADRICK	18 Oct 2004	21 Jun 2019	Production Director	British	2 - 2	3 (75.0%)
Resigned	Michael Stephen SHELLAM	18 Oct 2004	28 Oct 2004	Purchasing Director	British	0 - 2	2 (100.0%)
Active	Terence Royston BRANT	12 Oct 2004		Managing Director	British	1 - 1	1 (50.0%)

Number of active directors: 4
Average tenure of active directors: 8.4 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 81.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Yvonne Anne LYNN	Donna BROADRICK	Ian Paul BROADRICK	Terence Royston BRANT
JOINERY CLASSICS LIMITED (05257515) - Voluntary Arrangement	✔	✔	✔	✔
JCL WORKBENCH LIMITED (06962631) - Active			✔	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- Significant influence or control:Mr Satel Jayantilal Naik - active
- Significant influence or control:Ms Dita Sen-Gupta - ceased
Significant influence or control:Designingly Limited (12050354 - United Kingdom) ceased
25-50%:Mr Terence Royston Brant - ceased
25-50%:Mrs Yvonne Anne Lynn - ceased

Controlling entities above

JOINERY CLASSICS LIMITED

Controlled companies below

25-50%:JCL WORKBENCH LIMITED (06962631 - UK) ceased

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: 31010 Manufacture of office and shop furniture)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ISG RETAIL LIMITED	1 MORE LONDON PLACE, LONDON, SE1 2AF	02721627	2018-12-31	317,240,000	6,521,000	41201-Construction of commercial buildings
LEE & PLUMPTON LIMITED	BUNNS BANK, OLD BUCKENHAM, ATTLEBOROUGH, NORFOLK, NR17 1QD	01201175	2018-02-28	7,646,198	0
JOINERY CLASSICS LIMITED	UNIT 24 WESTON INDUSTRIAL ESTATE, HONEYBOURNE, EVESHAM, ENGLAND, WR11 7QB	05257515	2017-11-30	3,793,535	0	31090-Manufacture of other furniture 43320-Joinery installation
TK-TEAM LIMITED	WALTERS RIDGE, DELL ROAD, FINCHAMPSTEAD, WOKINGHAM, BERKSHIRE, RG40 3TB	06130325	2017-12-31	1,197,037	0	46660-Wholesale of other office machinery and equipment
DARE STUDIO LIMITED	ACCOUNTS OFFICE, WILLHAYNE HOUSE, WADEFORD, CHARD, SOMERSET, TA20 3AZ	07584719	2018-05-31	820,957	0	31090-Manufacture of other furniture 74100-specialised design activities
GRIFFITHS & HOOD LIMITED	6 CABINET WAY, PROGRESS RD, LEIGH ON SEA, ESSEX, SS9 5LP	01008649	2016-08-31	678,308	0
BURTON JOINERY (CONSTRUCTION) LIMITED	3 HAROLDS ROAD, PINNACLES, HARLOW, ESSEX, CM19 5BJ	01869255	2017-12-31	331,240	0	43320-Joinery installation
SECURIT SYSTEM LIMITED	10 HEATH DRIVE, SUTTON, SURREY, ENGLAND, SM2 5RP	02061258	2018-12-31	318,261	0	43290-Other construction installation
STEEL MAGNOLIAS FURNITURE LIMITED	52 WHYKE LANE, CHICHESTER, WEST SUSSEX, PO19 7UT	08095145	2018-06-30	309,347	0	31090-Manufacture of other furniture
SOUTH DEVELOPMENTS LTD	30 GREEN LANE, WORCESTER PARK, LONDON, SURREY, KT4 8AL	07560455	2018-03-31	85,933	0	31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture
SOUTH DEVELOPMENTS FITTED FURNITURE LIMITED	KINGSPORT BUSINESS CENTRE 152-178 UNIT 249, KINGSTON ROAD, NEW MALDEN, SURREY, KT3 3ST	08876605	2018-02-28	61,454	0	31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture
JOLLY BACK ENTERPRISES LTD	17 LAUREL CRESCENT, SMALLEY, DERBYSHIRE, DE7 6EJ	07096017	2018-03-31	45,899	0	31090-Manufacture of other furniture 47990-Other retail sale not in stores, stalls or markets
MIRACOM SOLUTIONS LIMITED	VICTORIA MILL 3RD FLOOR, BOLTON OLD RD, ATHERTON, MANCHESTER, UNITED KINGDOM, M46 9FR	10016387	2019-02-28	25,889	0
CSC PRODUCTS LTD	28 CHURCH STREET, HECKINGTON, SLEAFORD, ENGLAND, NG34 9RJ	06056177	2018-03-31	17,421	0
REMDRALY DESIGN LTD	2 HOLBEIN TERRACE, MARLBOROUGH ROAD, DAGENHAM, ENGLAND, RM8 2NU	09822129	2018-10-31	15,719	0	41202-Construction of domestic buildings 43320-Joinery installation
CG JOINERY MANUFACTURING LTD	CG JOINERY SERVICES LTD, 107 MARTON ROAD, BRIDLINGTON, NORTH HUMBERSIDE, UNITED KINGDOM, YO16 7PX	09899105	2017-12-31	13,432	0
CHESHIRE BESPOKE FURNITURE LIMITED	18 ELGIN DRIVE, SALE, CHESHIRE, ENGLAND, M33 2SZ	09452751	2018-02-28	1,967	0	31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture
RDS QUALITY FURNITURE LTD	4 IMPERIAL CLOSE, WAKEFIELD, ENGLAND, WF2 9PF	10453900	2018-10-31	1,650	0	31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture
DAVIRA CARPENTRY LIMITED	THE BLACK BARN LAND OFF CUPIDS GREEN, CUPID GREEN LANE, HEMEL HAMPSTEAD, ENGLAND, HP2 6HN	11058200	2018-11-30	0	0	31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture
HERMAN MILLER HOLDINGS LIMITED	1 PORTAL ROAD, BOWERHILL, MELKSHAM, ENGLAND, SN12 6GN	07200056	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Voluntary Arrangement. Statistically, such companies have a VERY HIGH 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
Company status	95.7%	93.5%	88.2%	High
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	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium