INDEPENDENT SEWING SERVICES LIMITED

UNIT 10 GISBOURNE CLOSE, IRELAND BUSINESS PARK, CHESTERFIELD, DERBYSHIRE, S43 3JT

Company Number: 05528569
Incorporation date: 04-Aug-2005
Status: Active
Entity type: Private Limited Company

SIC codes:
13950 Manufacture of non-wovens and articles made from non-wovens, except apparel
15110 Tanning and dressing of leather; dressing and dyeing of fur




SUMMARY

This company is 18.7 years old and is currently active. It is controlled by Ms Elizabeth Ready. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -30.9 thousand which has worsened since the previous year's figure of GBP -17.3 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -13.6 thousand in the last reported period. 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 -31 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 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 are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Apr-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Jul-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
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-Jul-2022 GBP 8,803 16,140 27,387 21,081 100 -30,954 -30,854
31-Jul-2021 GBP 7,992 34,692 31,355 22,200 100 -17,382 -17,282
31-Jul-2020 GBP -3,629 23,058 31,355 16,700 100 -23,373 -23,273
31-Jul-2019 GBP -59 20,499 29,425 100 -7,111 -7,011
31-Jul-2018 GBP -2,246 15,556 17,591 100 35 135
31-Jul-2017 GBP 1,132 24,724 19,713 100 7,287 7,387
31-Jul-2016 GBP 2,502 28,735 31,093 2 -1 1
31-Jul-2015 GBP 5,308 22,709 25,175 2 813 815
31-Jul-2014 GBP 4,484 25,049 20,097 2 9,175 9,177
31-Jul-2013 GBP 27,891 19,678 2 13,679 13,681
31-Jul-2012 GBP 23,848 19,926 4,191 2 6,633 6,635

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Jul-2017 GBP 98.00% 98 2 100 -1,766
* 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)
Active Shaun Steven READY 04 Aug 2005 28 Mar 2024 1 - 0
Resigned AR CORPORATE SERVICES LIMITED 04 Aug 2005 04 Aug 2005 0 - 601

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Elizabeth READY 04 Aug 2005 Director British 1 - 11 (50.0%)
Resigned AR NOMINEES LIMITED 04 Aug 2005 04 Aug 2005 0 - 598249 (41.6%)
Number of active directors: 1
Average tenure of active directors: 18.7 years
Average tenure of resigned directors: 0.0 years
Average active director Dissolution Rate: 50.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
INDEPENDENT SEWING SERVICES LIMITED (05528569) - Active
L & S SEWING MANUFACTURING LIMITED (08048506) - Dissolved

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

INDEPENDENT SEWING SERVICES 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


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 13950 Manufacture of non-wovens and articles made from non-wovens, except apparel)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
NICE-PAK INTERNATIONAL LIMITED ABER PARK, ABER ROAD, FLINT, CLWYD ,, CH6 5EX 02119397 2017-12-31 230,397,589 3,628,121
JOHN COTTON GROUP LIMITED NO 1 PARK ROW, LEEDS, LS1 5AB 00273492 2018-02-25 208,663,000 7,269,000
BFF NONWOVENS LIMITED BFF BUSINESS PARK, BATH ROAD, BRIDGWATER, SOMERSET, TA6 4NZ 04573423 2018-03-31 15,700,711 0
LANTOR (UK) LIMITED SUNNYSIDE BUSINESS CENTRE, ADELAIDE STREET, BOLTON, ENGLAND, BL3 3NY 04180283 2018-03-31 6,320,093 0 13960-Manufacture of other technical and industrial textiles
ALLUPS LIMITED 60 QUEENS WALK, RUISLIP, MIDDLESEX, HA4 0LU 08305919 2018-11-24 0 0 38110-Collection of non-hazardous waste

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
INDEPENDENT SEWING SERVICES LIMITED 0.7% 4.2% 7.2% 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 0.5% 2.1% 4.2% Medium
Accounting Month 0.6% 7.2% 9.6% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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