DAVYMARKHAM LIMITED

ASHCROFT HOUSE ERVINGTON COURT, MERIDIAN BUSINESS PARK, LEICESTER, LE19 1WL

Previous name: DAVYMARKHAM NO.2 LIMITED (changed on 17-Oct-2006)

Company Number: 05949781
Incorporation date: 28-Sep-2006
Status: Active
Entity type: Private Limited Company

SIC codes:
28921 Manufacture of machinery for mining





SUMMARY

This company is 17.5 years old and is currently active. It is controlled by Davymarkham Group Ltd. The company has negative equity (net assets) of GBP -2.1 million but has improved from GBP -3.1 million in the previous year. The latest reported revenue figure is GBP 8.4 million which is down -30% on 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 -13.9 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 4 active officers (directors or partners) who are or were officers of 18 other companies, 6 (33.3%) 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: 31-Mar-2018
Accounts Filed: FULL (30-Jun-2016)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Jun-2016 GBP 8,424,000 -1,905,000 107,000 -2,012,000
30-Jun-2015 GBP 11,618,000 -3,343,000 42,000 -3,385,000
31-Mar-2014 GBP 15,710,000 -1,259,000 -1,259,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2016 GBP 213,000 3,004,000 5,309,000 202,000 11,822,000 -13,889,000 -2,067,000
30-Jun-2015 GBP 257,000 2,808,000 5,880,000 485,000 8,822,000 -11,877,000 -3,055,000
31-Mar-2014 GBP 24,000 5,077,000 5,395,000 8,822,000 -8,492,000 330,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Jun-2016 GBP 25.38% 3,000,000 8,822,000 11,822,000 10,430,500
* 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 Andrew HOWARD 01 Feb 2012 14 Mar 2013 0 - 1
Resigned Alistair Duncan HAY 28 Sep 2006 01 Feb 2012 British 2 - 35

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Mark William CLARK 30 Jun 2015 16 Apr 2018 Engineer British 0 - 50 (0.0%)
Resigned Peter James WARDLE 02 Oct 2014 06 Oct 2014 Chartered Accountant British 4 - 5022 (40.7%)
Active HUGHES ARMSTRONG INDUSTRIES LIMITED 02 Oct 2014 4 - 147 (38.9%)
Active John Stewart WATSON 02 Oct 2014 Engineer British 1 - 00 (0.0%)
Active Michael ROBOTHAM 02 Oct 2014 Engineer British 1 - 10 (0.0%)
Active Stephen John William LORD 02 Oct 2014 Engineer British 2 - 62 (25.0%)
Resigned Ramachandran SITARAMAN 20 Dec 2011 11 Jun 2014 Director Indian 0 - 21 (50.0%)
Resigned Tribhuwan Nath CHATURVEDI 16 Jun 2011 30 Apr 2012 Company Director Indian 0 - 10 (0.0%)
Resigned Sudhir ERAGAM 26 Feb 2010 29 Jan 2015 Company Director Indian 0 - 21 (50.0%)
Resigned Chandra SEKARAN 26 Feb 2010 04 Jan 2015 Company Director Indian 0 - 21 (50.0%)
Resigned Ian Redfern FORBES 01 Aug 2007 26 Feb 2010 Company Director British 0 - 106 (60.0%)
Resigned Albert Kevin PARKIN 12 Jul 2007 28 Feb 2011 Managing Director British 1 - 84 (44.4%)
Resigned Alistair Duncan HAY 12 Jul 2007 01 Feb 2012 Accountant British 2 - 3530 (81.1%)
Resigned Runar NILSEN 28 Sep 2006 12 Jul 2007 Cfo Norwegian 11 - 1421 (84.0%)
Resigned Leif Christian SALOMONSEN 28 Sep 2006 12 Jul 2007 Ceo And President Norwegian 3 - 75 (50.0%)
Resigned SWIFT INCORPORATIONS LIMITED 28 Sep 2006 28 Sep 2006 3 - 8027634119 (42.5%)
Number of active directors: 4
Average tenure of active directors: 9.5 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 16.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
KVAERNER MARKHAM LIMITED (00208191) - Active
MAYDOWN INTERNATIONAL TOOLS LIMITED (00689345) - Active
DAVYMARKHAM LIMITED (05949781) - Active
HALIFAX MACHINE COMPANY LIMITED (07182996) - Dissolved
GAC RAIL LTD (07184897) - Liquidation
TRUFAB TECHNOLOGIES LIMITED (07579935) - In Administration/Administrative Receive
DEAN SMITH & GRACE LATHES LIMITED (07770436) - Liquidation
ADDISON FORMING TECHNOLOGIES LIMITED (08109863) - Liquidation
BCI BREWCHEM LIMITED (08191429) - Dissolved
LASER CONTROL SYSTEMS LIMITED (08199963) - Active
MACHINE & TOOLING GROUP LIMITED (08478523) - Active
DEXINE RUBBER TECHNOLOGIES LIMITED (08591847) - Active
HUGHES ARMSTRONG INDUSTRIES LIMITED (08817126) - Active
RUBBER TECHNOLOGIES LTD (09038334) - Active
DAVYMARKHAM GROUP LIMITED (09038371) - Active
ADVANCED CONSTRUCTION ENGINEERING LTD (09038431) - Active
ILLUMINAR TECHNOLOGIES LIMITED (09132487) - Active
ADVANCED PROCESS ENGINEERING LIMITED (09261429) - Active
LASER TEXTURING TECHNOLOGIES LIMITED (10755318) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-062015-02-062014-02-062013-02-062012-02-23
DAVY MARKHAM GROUP LTDORDINARY7,719,251
65.3%
7,719,251
87.5%
0
0%
0
0%
0
0%
DAVYMARKHAM GROUP LTDPREFERENCE3,000,000
25.4%
0
0%
0
0%
0
0%
0
0%
HDO (UK) LIMITEDORDINARY1,102,750
9.33%
1,102,750
12.5%
8,822,001
100%
4,247,001
100%
4,247,001
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

DAVYMARKHAM 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: 28921 Manufacture of machinery for mining)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LIEBHERR - GREAT BRITAIN LIMITED NORMANDY LANE, STRATTON BUSINESS PARK, BIGGLESWADE, BEDFORDSHIRE, SG18 8QB 00677497 2017-12-31 216,340,750 1,802,239 28922-Manufacture of earthmoving equipment
28990-Manufacture of other special-purpose machinery not elsewhere classified
46439-Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
JOY GLOBAL (UK) LIMITED UNIT B2, BRIDGEWATER AVENUE, BOLTON, GREATER MANCHESTER, ENGLAND, BL5 1EE 02546087 2018-03-31 147,718,000 -23,779,000 28990-Manufacture of other special-purpose machinery not elsewhere classified
VOLVO CONSTRUCTION EQUIPMENT HAULERS LIMITED NEWHOUSE INDUSTRIAL ESTATE, NEWHOUSE, MOTHERWELL, LANARKSHIRE, ML1 5RY SC086323 2017-12-31 84,794,000 1,474,000
CANNING CONVEYOR CO. LIMITED MAIN OFFICE, SANDY LANE INDUSTRIAL ESTATE, SANDY LANE, WORKSOP, NOTTS, S80 1TN 00858193 2017-08-31 9,802,738 0 46900-Non-specialised wholesale trade
RBD ENTERPRISES LIMITED ASH HALL, YSTRADOWEN, COWBRIDGE, SOUTH GLAMORGAN, CF71 7SY 02520233 2018-09-30 0 0
RELIANCE-BARKER-DAVIES LIMITED ASH HALL YSTRADOWEN, COWBRIDGE, SOUTH GLAMORGAN, CF71 7SY 02097633 2018-09-30 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
DAVYMARKHAM LIMITED 0.7% 3.8% 7.1% 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 0.7% 5.7% 7.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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