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RADICON TRANSMISSION UK LIMITED

UNIT J3 LOWFIELDS WAY, LOWFIELDS BUSINESS PARK, ELLAND, WEST YORKSHIRE, HX5 9DA

Previous name: ELECON UK TRANSMISSION LIMITED (changed on 08-Dec-2010)

Company Number: 07397993
Incorporation date: 06-Oct-2010
Status: Active
Entity type: Private Limited Company

SIC codes:
28150 Manufacture of bearings, gears, gearing and driving elements





SUMMARY

This company is 13.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 18.7 million which has increased from GBP 17.9 million in the previous year. The latest reported revenue figure is GBP 11.5 million which is up 10% on previous year's figure of GBP 10.2 million. The company has 4 active officers (directors or partners) who are or were officers of 7 other companies. 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 11,471,782 978,498 230 65,156 158,685 754,887
31-Mar-2022 GBP 10,151,065 394,892 206,862 151,144 93,194 357,416
31-Mar-2020 GBP 10,238,727 377,331 76,403 461,923 3,559 3,758,904
31-Mar-2019 GBP 12,441,570 1,135,235 155,419 462,995 152,857 674,802
31-Mar-2018 GBP 11,178,152 186,227 201,334 320,405 18,204 48,952


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 456,816 6,749,769 5,244,519 12,486,287 6,212,017 18,698,304
31-Mar-2022 GBP 797,242 6,335,274 5,829,660 12,486,287 5,457,130 17,943,417
31-Mar-2020 GBP 1,030,812 8,885,646 13,480,872 4,169 12,486,287 4,905,828 17,392,115
31-Mar-2019 GBP 364,697 9,085,863 10,986,750 2,962,304 1,146,924 13,633,211
31-Mar-2018 GBP 530,328 11,290,487 6,988,863 5,185,221 2,156,020 472,122 2,628,142

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2020 GBP 100.00% 12,486,287 0 12,486,287 7,028,626
31-Mar-2019 GBP inf% -2,156,020 2,156,020 0 4,704,260
* 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)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Active Dinesh Manubhai PATEL 01 Mar 2016 Technical Director British 1 - 00 (0.0%)
Active Chandrakant Babubhai PATEL 23 Dec 2015 Business Executive British 4 - 51 (11.1%)
Active Pradip PATEL 06 Oct 2010 Director British 1 - 00 (0.0%)
Active Prayasvin PATEL 06 Oct 2010 Director Indian 1 - 00 (0.0%)
Resigned Prashant AMIN 06 Oct 2010 01 Jun 2020 Engineer American 0 - 10 (0.0%)
Number of active directors: 4
Average tenure of active directors: 10.9 years
Average tenure of resigned directors: 9.7 years
Average active director Dissolution Rate: 2.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
NEWSTRAID CUSTODIAN TRUSTEE LIMITED (00855821) - Dissolved ✔
CAPITAL NEWSAGENTS LIMITED (01224825) - Active ✔
VAPGATE LIMITED (01310048) - Active ✔
MAYNEWS LIMITED (01824104) - Active ✔
CAPITAL NEWS LIMITED (02651169) - Active ✔
THRIVE FOODS LTD (04758196) - Active ✔
RADICON TRANSMISSION UK LIMITED (07397993) - Active ✔✔✔✔
PPP CAPITAL LIMITED (09982886) - Active ✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-10-062018-10-062015-10-062014-10-062013-10-06
ELECON ENGINEERING CO LTDORDINARY12,486,287
100%		0
0%		0
0%		0
0%		0
0%
ELECON TRANSMISSION INTERNATIONAL LTDORDINARY0
0%		12,486,287
100%		2,156,020
100%		2,156,020
100%		2,156,020
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

RADICON TRANSMISSION UK 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: 28150 Manufacture of bearings, gears, gearing and driving elements)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SCHAEFFLER (UK) LIMITED SCHAEFFLER (UK) LIMITED WALESWOOD ROAD, WALES BAR, SHEFFIELD, ENGLAND, S26 5PN 00556493 2017-12-31 308,736,463 19,202,847 29320-Manufacture of other parts and accessories for motor vehicles
45310-Wholesale trade of motor vehicle parts and accessories
ERIKS INDUSTRIAL SERVICES LIMITED ERIKS, SEVEN STARS ROAD, OLDBURY, WEST MIDLANDS, UNITED KINGDOM, B69 4JR 03142338 2017-12-31 274,120,000 10,033,000 33140-Repair of electrical equipment
46690-Wholesale of other machinery and equipment
SKF (U.K) LIMITED SUNDON PARK ROAD,, LUTON,, BEDFORDSHIRE, LU3 3BL 00107367 2017-12-31 236,622,000 16,258,000
NSK BEARINGS EUROPE LIMITED THE PLACE, BRIDGE AVENUE, MAIDENHEAD, ENGLAND, SL6 1AF 01165693 2018-03-31 201,256,000 6,272,000
JCB TRANSMISSIONS ROCESTER, UTTOXETER, STAFFORDSHIRE, ST14 5JP 01832206 2017-12-31 158,053,000 13,651,000
ROTORK CONTROLS LIMITED ROTORK HOUSE, BRASSMILL LANE, BATH, BA1 3JQ 00608345 2017-12-31 95,425,000 31,020,000
KOYO BEARINGS (EUROPE) LIMITED JTEKT AUTOMOTIVE ENGLAND LTD ELMHIRST LANE, SILKSTONE, BARNSLEY, ENGLAND, S75 4LD 02469122 2018-03-31 49,190,000 -1,585,000
BARDEN CORPORATION(U.K.)LIMITED(THE) PLYMBRIDGE ROAD, ESTOVER, PLYMOUTH, DEVON, PL6 7LH 00450577 2017-12-31 41,520,092 6,489,401 29320-Manufacture of other parts and accessories for motor vehicles
MAHLE ENGINE SYSTEMS UK LIMITED COSTIN HOUSE, ST JAMES MILL ROAD, NORTHAMPTON, ENGLAND, NN5 5TZ 06080706 2017-12-31 40,732,000 -3,077,000
DANA SAC UK LIMITED BRIDGEWAY HOUSE, BRIDGEWAY, STRATFORD UPON AVON, ENGLAND, CV37 6YX 02069720 2018-12-31 9,947,425 0
L C & M LIMITED BAY 18, BEEVOR STREET, LINCOLN, LINCOLNSHIRE, LN6 7DN 04677843 2018-03-31 5,844,738 0
JHS GEARS LIMITED BEECH HOUSE BRENCHLEY ROAD, BRENCHLEY, TONBRIDGE, ENGLAND, TN12 7PB 09452010 2018-02-28 206,529 0 29320-Manufacture of other parts and accessories for motor vehicles
30200-Manufacture of railway locomotives and rolling stock
OCTECA LTD MULBERRY HOUSE TOWNSEND, HARWELL, DIDCOT, OXFORDSHIRE, ENGLAND, OX11 0DX 10709288 2019-03-31 32,333 0 71122-Engineering related scientific and technical consulting activities
71200-Technical testing and analysis
74100-specialised design activities

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
RADICON TRANSMISSION UK 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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