HUBBARD PRODUCTS LIMITED

4 CRANE BOULEVARD, IPSWICH, SUFFOLK, IP3 9SQ

Company Number: 06217134
Incorporation date: 18-Apr-2007
Status: Active
Entity type: Private Limited Company

SIC codes:
28250 Manufacture of non-domestic cooling and ventilation equipment





SUMMARY

This company is 17 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -12 million which has worsened since the previous year's figure of GBP -9.4 million. 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 -12.1 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2023 GBP -1,982,137 663,114 -18,387 -2,626,864
31-Mar-2022 GBP 19,929,294 -3,619,542 85,832 -3,705,374
31-Mar-2021 GBP 19,427,159 -365,128 89,487 -50,488 -404,127
31-Mar-2020 GBP 19,928,435 -12,202 101,518 45,499 -113,720
31-Mar-2019 GBP 18,369,902 -11,172 79,451 -111,440 20,817
31-Mar-2018 GBP 21,146,685 -1,118,586 57,726 -1,136,712


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 12,138,514 29,501,127 100,000 -12,149,906 -12,049,906
31-Mar-2022 GBP 10,725,947 25,236,895 100,000 -9,523,042 -9,423,042
31-Mar-2021 GBP 7,200 12,307,772 18,560,370 100,000 -5,817,668 -5,717,668
31-Mar-2020 GBP 7,300 12,282,969 3,982,784 13,777,526 100,000 -5,222,569 -5,122,569
31-Mar-2019 GBP 7,475 8,683,145 4,052,758 10,247,791 100,000 -5,108,849 -5,008,849
31-Mar-2018 GBP 18,120 7,919,933 3,938,681 9,804,418 100,000 -5,129,666 -5,029,666

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 Ilias KATSOULIS 11 Jan 2019 28 Mar 2024 1 - 0
Resigned Patrick Adrian MAUGHAN 18 Apr 2007 11 Jan 2019 British 8 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Olivier Guy LAGRABETTE 13 Apr 2023 Manager French 1 - 00 (0.0%)
Active Jean-Paul Cornelis Hendrik WARMENHOVEN 01 Sep 2022 General Manager Dutch 1 - 00 (0.0%)
Active Frank Erik DE BAETS 01 Sep 2022 Manager Belgian 1 - 00 (0.0%)
Active Ilias KATSOULIS 11 Jan 2019 Managing Director Greek 1 - 00 (0.0%)
Active Junji UMAMOTO 11 Jan 2019 Company Director Japanese 1 - 00 (0.0%)
Resigned Alessandro EVANGELISTI 05 Jul 2007 14 Jan 2013 Company Director Italian 0 - 31 (33.3%)
Resigned Patrick Adrian MAUGHAN 18 Apr 2007 13 Apr 2023 Company Director British 8 - 52 (15.4%)
Resigned Rudolph Jack Paul Alfred REGINIANO 18 Apr 2007 11 Jan 2019 Director British 5 - 72 (16.7%)
Resigned Alessandro EVANGELISTI 18 Apr 2007 18 Apr 2007 Company Director Italian 0 - 31 (33.3%)
Number of active directors: 5
Average tenure of active directors: 2.9 years
Average tenure of resigned directors: 8.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
HUBBARD PRODUCTS LIMITED (06217134) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-01-122017-01-122016-04-182015-04-182014-04-18
ZANOTTISPAORDINARY100,000
100%
72,000
72%
72,000
72%
72,000
72%
72,000
72%
PATRICK ADRIAN MAUGHANORDINARY0
0%
25,000
25%
0
0%
0
0%
0
0%
A F REGINIANO LIMITEDORDINARY0
0%
3,000
3%
3,000
3%
3,000
3%
3,000
3%
SHECO LIMITEDORDINARY0
0%
0
0%
25,000
25%
0
0%
0
0%
ABLEDUSK TRADING LIMITEDORDINARY0
0%
0
0%
0
0%
25,000
25%
25,000
25%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HUBBARD PRODUCTS 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


Title Date filed Status Publication number
Evaporator Control 2013-12-20 Awaiting First Examination GB2521469
Condenser cooling fan controlled by low refrigeration system pressure 2009-10-23 Granted GB2474696

COMPETITORS

(Based on Sic code: 28250 Manufacture of non-domestic cooling and ventilation equipment)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SPACE ENGINEERING SERVICES LIMITED CAUSEWAY CENTRAL, PIONEER PARK, BRISTOL, BS4 3QB 02186490 2017-12-31 90,753,941 3,602,211 33190-Repair of other equipment
43220-Plumbing, heat and air-conditioning installation
43290-Other construction installation
FLAKT WOODS LIMITED AXIAL WAY, CUCKOO FARM BUSINESS, PARK, COLCHESTER, ESSEX, CO4 5ZD 00233771 2017-12-31 69,195,000 -490,000
GILBERTS (BLACKPOOL) LIMITED CLIFTON ROAD, BLACKPOOL, LANCASHIRE, FY4 4QT 00673483 2017-12-31 19,674,788 0 43220-Plumbing, heat and air-conditioning installation
MANOR CONCEPTS LIMITED 62 SUNDERLAND ROAD, SANDY, BEDFORD, SG19 1QY 02550211 2017-12-31 9,898,519 0 33190-Repair of other equipment
33200-Installation of industrial machinery and equipment
NORTH SEA VENTILATION LIMITED THE CHAPEL, BRIDGE STREET, DRIFFIELD, EAST YORKSHIRE, YO25 6DA 08157883 2018-06-30 8,582,527 0
HAWK RESEARCH LIMITED 6 GERARD COURT, HITHERFIELD LANE, HARPENDEN, ENGLAND, AL5 4JA 04268744 2018-08-09 7,000 0
WOZAIR LIMITED 32 GROSVENOR ROAD, GILLINGHAM BUSINESS PARK, GILLINGHAM, KENT, ME8 0SA 03039016 0000-00-00 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
HUBBARD PRODUCTS LIMITED 0.7% 3.6% 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 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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