BWB MANUFACTURING LIMITED

UNIT 8B MARINA COURT, CASTLE STREET, HULL, HU1 1TJ

Company Number: 06475445
Incorporation date: 17-Jan-2008
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
16240 Manufacture of wooden containers

SUMMARY

This company is 16.3 years old and is currently liquidation. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -15.5 thousand which has worsened since the previous year's figure of GBP 56.9 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -72.4 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 -54.6 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 2 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-2020
Accounts Filed: UNAUDITED ABRIDGED (31-Jul-2018)

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	Retained Earnings	Net Assets
31-Jul-2018	GBP	1,531	37,789	96,342	9,550	39,050	-54,556	-15,506
31-Jul-2017	GBP	41,715	89,014	79,921	20,251	39,050	17,849	56,899
31-Jul-2016	GBP	32,593	135,518	121,777	30,951	39,050	16,510	55,560
31-Jul-2015	GBP		176,838	166,560		58,575	49,233	107,808
28-Feb-2014	GBP		89,409	94,250		64,000	40,649	104,649
28-Feb-2013	GBP	3,930	124,235	76,297		64,000	92,102	156,102
29-Feb-2012	GBP		125,452	91,097	5,050	64,000	62,499	126,499

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Jul-2016	GBP	-50.00%	-19,525	58,575	39,050	47,992
31-Jul-2015	GBP	-9.26%	-5,425	64,000	58,575	61,288

* 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	Malcolm BRIGGS	18 Apr 2008	27 Aug 2009		British	0 - 1
Resigned	Alan BROCKLEHURST	17 Jan 2008	18 Apr 2008		British	8 - 14

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Malcolm BRIGGS	14 May 2010		None	British	1 - 0	1 (100.0%)
Active	Steven John WILSHERE	18 Apr 2008		Director	English	2 - 0	2 (100.0%)
Resigned	Darren Paul BILTON	18 Apr 2008	25 Jul 2016	Director	British	0 - 2	2 (100.0%)
Resigned	TEMPLE SECRETARIES LIMITED	17 Jan 2008	17 Jan 2008			5 - 52168	25451 (48.8%)
Resigned	Malcolm BRIGGS	17 Jan 2008	27 Aug 2009	Director	British	0 - 4	3 (75.0%)
Resigned	COMPANY DIRECTORS LIMITED	17 Jan 2008	17 Jan 2008			1 - 45514	22634 (49.7%)

Number of active directors: 2
Average tenure of active directors: 15.0 years
Average tenure of resigned directors: 2.5 years
Average active director Dissolution Rate: 100.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Malcolm BRIGGS	Steven John WILSHERE
BWB MANUFACTURING LIMITED (06475445) - Liquidation	✔	✔
COURTS COMMUNITY ASSOCIATION (08175927) - Active - Proposal to Strike off		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr Malcolm Briggs - active
25-50%:Mr Steven John Wilshere - active

Controlling entities above

BWB MANUFACTURING 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: 16240 Manufacture of wooden containers)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
EGLINTON (TIMBER PRODUCTS) LIMITED	LONGFIELD INDUSTRIAL ESTATE WEST, EGLINTON, CO.LONDONDERRY, BT47 3PY	NI019444	2018-03-31	10,076,290	0

LIQUIDATION RISK (BETA)

This company is Liquidation. 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	100.0%	99.4%	99.9%	High
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	0.6%	2.5%	4.5%	Medium
Accounting Month	0.6%	7.2%	9.6%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium