POLYCON EUROPE LIMITED

UNIT 4-8 WIDNES BUSINESS PARK, FOUNDRY LANE, WIDNES, CHESHIRE, WA8 8UD

Company Number: 07676129
Incorporation date: 21-Jun-2011
Status: Active
Entity type: Private Limited Company

SIC codes:
28490 Manufacture of other machine tools





SUMMARY

This company is 12.8 years old and is currently active. It is controlled by Mr Gerard Mason. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -11.7 thousand which has worsened since the previous year's figure of GBP -5.1 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -6.7 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 -11.8 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 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-2018
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2017)


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 Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 150,378 155,460 167,206 10 -11,756 -11,746
31-Mar-2018 GBP 10 12,116 17,206 10 -5,100 -5,090
31-Mar-2017 GBP 25,974 46,203 51,292 10 -4,747 -4,737
31-Mar-2016 GBP 19,032 103,433 109,271 10 -5,142 -5,132
31-Mar-2015 GBP 7,443 90,656 99,538 10 -7,832 -7,822
31-Mar-2014 GBP 2,066 99,524 89,962 20,000 10 -10,448 -10,438
31-Mar-2013 GBP 10 10 10 10
31-Mar-2012 GBP 1 1

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2013 GBP 100.00% 10 0 10 -1
* 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)
Resigned? Gerard MASON 01 Feb 2014 Director British 2 - 31 (20.0%)
Resigned Wen Zhou LI 01 Jan 2013 01 Jan 2013 Director British 0 - 41 (25.0%)
Resigned Lili Dong LI 21 Jun 2011 16 Feb 2015 Director British 0 - 74 (57.1%)
Resigned Wen Zhou LI 21 Jun 2011 21 Jun 2011 Professor British 0 - 41 (25.0%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

POLYCON EUROPE 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: 28490 Manufacture of other machine tools)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
YAMAZAKI MAZAK U.K. LIMITED BADGEWORTH DRIVE, WORCESTER, WR4 9NF 01508951 2018-03-31 438,122,921 3,272,674
HELLER MACHINE TOOLS LIMITED ACANTHUS ROAD, RAVENSBANK BUSINESS PARK, REDDITCH, WORCESTERSHIRE, B98 9EX 01414150 2017-12-31 49,575,182 7,201,542
SHEEN INSTRUMENTS LIMITED 29 CENTRAL AVENUE, WEST MOLESEY, ENGLAND, KT8 2RF 09996624 2017-12-31 2,119,000 0
ANC ENGINEERING (MIDLANDS) LTD 41 BEAUMONT WAY, NORTON CANES, CANNOCK, STAFFORDSHIRE, WS11 9FQ 07591785 2018-04-30 140,513 0
C.A.R TOOLING LTD 11 ELLIS PARK DRIVE, BINLEY, COVENTRY, CV3 2UG 07946872 2018-02-28 113,284 0
NATURALJOIN LIMITED 1 BITTESWELL ROAD, LUTTERWORTH, LEICESTERSHIRE, LE17 4EL 03416771 2017-10-31 56,878 0
SOUTH STEEL PROCESSING LIMITED 2 THE PRECINCT, PORTHCAWL, WALES, CF36 3RF 10410362 2018-09-30 50,739 0
C & C MITRES LIMITED 4 BLOORS LANE, RAINHAM, GILLINGHAM, KENT, ME8 7EG 04417270 2018-04-30 10,000 0
ACORN PLASTECH (UK) LIMITED CHARGROVE HOUSE SHURDINGTON ROAD, SHURDINGTON, CHELTENHAM, GLOUCESTERSHIRE, GL51 4GA 05627285 2018-12-31 0 0
PHAROS S & R LIMITED 228 LYTHALLS LANE, COVENTRY, WEST MIDLANDS, ENGLAND, CV6 6GF 05067819 2018-09-30 0 0
SNAP-ON U.K. HOLDINGS LIMITED TELFORD WAY, TELFORD WAY INDUSTRIAL ESTATE, KETTERING, NORTHAMPTONSHIRE, NN16 8SN 02648720 0000-00-00 0 0 29310-Manufacture of electrical and electronic equipment for motor vehicles and their engines
33140-Repair of electrical equipment

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
POLYCON EUROPE 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 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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