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HUBBARD PRODUCTS LIMITED
4 CRANE BOULEVARD, IPSWICH, SUFFOLK, IP3 9SQCompany 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-2024Accounts 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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 0 | 0 (0.0%) | |
Active | Jean-Paul Cornelis Hendrik WARMENHOVEN | 01 Sep 2022 | General Manager | Dutch | 1 - 0 | 0 (0.0%) | |
Active | Frank Erik DE BAETS | 01 Sep 2022 | Manager | Belgian | 1 - 0 | 0 (0.0%) | |
Active | Ilias KATSOULIS | 11 Jan 2019 | Managing Director | Greek | 1 - 0 | 0 (0.0%) | |
Active | Junji UMAMOTO | 11 Jan 2019 | Company Director | Japanese | 1 - 0 | 0 (0.0%) | |
Resigned | Alessandro EVANGELISTI | 05 Jul 2007 | 14 Jan 2013 | Company Director | Italian | 0 - 3 | 1 (33.3%) |
Resigned | Patrick Adrian MAUGHAN | 18 Apr 2007 | 13 Apr 2023 | Company Director | British | 8 - 5 | 2 (15.4%) |
Resigned | Rudolph Jack Paul Alfred REGINIANO | 18 Apr 2007 | 11 Jan 2019 | Director | British | 5 - 7 | 2 (16.7%) |
Resigned | Alessandro EVANGELISTI | 18 Apr 2007 | 18 Apr 2007 | Company Director | Italian | 0 - 3 | 1 (33.3%) |
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
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2019-01-12 | 2017-01-12 | 2016-04-18 | 2015-04-18 | 2014-04-18 | ||
ZANOTTISPA | ORDINARY | 100,000 100% | 72,000 72% | 72,000 72% | 72,000 72% | 72,000 72% |
PATRICK ADRIAN MAUGHAN | ORDINARY | 0 0% | 25,000 25% | 0 0% | 0 0% | 0 0% |
A F REGINIANO LIMITED | ORDINARY | 0 0% | 3,000 3% | 3,000 3% | 3,000 3% | 3,000 3% |
SHECO LIMITED | ORDINARY | 0 0% | 0 0% | 25,000 25% | 0 0% | 0 0% |
ABLEDUSK TRADING LIMITED | ORDINARY | 0 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
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 |