SHARP ELECTRONICS (EUROPE) LIMITED

4 FURZEGROUND WAY, STOCKLEY PARK, UXBRIDGE, UB11 1EZ

Company Number: 08060689
Incorporation date: 08-May-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
27510 Manufacture of electric domestic appliances
32990 Other manufacturing not elsewhere classified
46520 Wholesale of electronic and telecommunications equipment and parts

SUMMARY

This company is 12.4 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of EUR 73.2 million which has decreased from the previous year's figure of EUR 104.8 million. The latest reported revenue figure is EUR 5.5 million which is down -90% on the previous year. Retained earnings is negative (EUR -103.6 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 2 active officers (directors or partners) who are or were officers of 4 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-2025
Accounts Filed: FULL (31-Mar-2024)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Mar-2019	EUR	5,511,200		38,200	158,200	-79,400	-2,863,200
31-Mar-2018	EUR	63,288,000	-974,000	590,000	3,401,000	3,984,000	7,028,000
31-Mar-2017	EUR	120,333,000	-8,105,000	369,000	2,948,000		-7,502,000
31-Mar-2016	EUR	407,558,000	2,925,000	1,791,000	3,691,000	5,241,000	23,658,000
31-Mar-2015	EUR	547,142	-25,004	947	9,539	-851	-61,045
31-Mar-2014	EUR	830,615,000	-24,949,000	492,000	6,410,000	3,309,000
31-Mar-2013	EUR	2

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Mar-2019	EUR	13,038,000	77,830,000	118,059,000	206,000	80,469,000	30,824,000	-103,594,000	73,215,000
31-Mar-2018	EUR	19,508,000	89,792,000	119,340,000	40,000	80,469,000	30,824,000	-71,975,000	104,833,000
31-Mar-2017	EUR	20,348,000	101,536,000	13,000	13,000	16,000
31-Mar-2016	EUR	15,122,000	189,571,000	207,742,000		80,469,000	30,824,000	-61,752,000	115,057,000
31-Mar-2015	EUR	12,025	198,374	236,228		80,470	30,824	-101,387	75,423
31-Mar-2014	EUR	10,930,000	246,002,000	281,642,000		80,469,000		-42,831,000	103,154,000
31-Mar-2013	EUR	10,240	24,215			75,023		1,986	142,525

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Mar-2018	EUR	99.98%	111,277,000	22,130	111,299,130	35,759,130
31-Mar-2017	EUR	-502,831.25%	-111,277,000	111,299,130	22,130	37,932,130
31-Mar-2016	EUR	99.90%	111,181,706	111,294	111,293,000	48,135,135
31-Mar-2015	EUR	-99,898.76%	-80,357,706	80,438,145	80,439	34,788,280
31-Mar-2014	EUR	99.91%	80,393,977	75,023	80,469,000	34,801,892

* 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)
Active	Richard Mark BLOOM	13 May 2020	07 Oct 2024			1 - 0
Resigned	Gosia GRANT-LIPINSKA	08 May 2012	08 May 2019			0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Yoichi TOMOTA	01 May 2023		Company Director	Japanese	2 - 0	0 (0.0%)
Resigned	Yu Jen TUNG	28 May 2021	01 May 2023	President	Taiwanese	0 - 3	1 (33.3%)
Active	Seitaro NOMURA	20 Oct 2017		Company Director	Japanese	2 - 2	0 (0.0%)
Resigned	Jun ASHIDA	09 Aug 2017	28 May 2021	Company Director	Japanese	0 - 5	1 (20.0%)
Resigned	Hironobu ITO	24 Jul 2014	20 Oct 2017	Company Director	Japanese	0 - 6	2 (33.3%)
Resigned	Hiroshi SASAOKA	08 Nov 2013	30 Sep 2015	Company Director	Japanese	0 - 4	3 (75.0%)
Resigned	Hideyuki YASUDA	25 Jan 2013	24 Jul 2014	Company Director	Japanese	0 - 2	1 (50.0%)
Resigned	Hironobu ITO	19 Jun 2012	25 Apr 2013	Company Director	Japanese	0 - 1	0 (0.0%)
Resigned	Shimizu ICHIRO	19 Jun 2012	07 Jun 2013	Company Director	Japanese	0 - 1	0 (0.0%)
Resigned	Tetsuji KAWAMURA	19 Jun 2012	09 Aug 2017	Company Director	Japanese	0 - 1	0 (0.0%)
Resigned	Paul David MOLYNEUX	08 May 2012	24 Jul 2014	Director	British	4 - 14	6 (33.3%)

Number of active directors: 2
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Yoichi TOMOTA	Seitaro NOMURA
SHARP BUSINESS SYSTEMS UK PLC (02136901) - Active	✔
SHARP TELECOMMUNICATIONS OF EUROPE LIMITED (02483876) - Active		✔
SHARP INTERNATIONAL FINANCE (U.K.) PLC (02498218) - Active		✔
SHARP COMMUNICATION COMPLIANCE LIMITED (05417406) - Active		✔
SHARP ELECTRONICS (EUROPE) LIMITED (08060689) - Active	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-05-08	2015-05-08	2014-05-08	2013-05-08
SHARP CORPORATION JAPAN	ORDINARY	80,469,437 100%	80,469,437 100%	80,468,437 100%	80,468,437 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2016-01-12	2015-01-12	2014-01-12	2013-01-12
SHARP ELECTRONICS (EUROPE) LIMITED	ORDINARY ?1	12,200,000 100%	12,200,000 100%	12,200,000 100%	11,590,000 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

Significant influence or control:Hon Hai Precision Industry Co. Ltd (Tw0002317005 - Taiwan) ceased
>75%:Sharp Corporation (6120001005484 - Japan) active

Controlling entities above

SHARP ELECTRONICS (EUROPE) LIMITED

Controlled companies below

>75%:SHARP LABORATORIES OF EUROPE, LTD. (02459180 - UK) active
>75%:SHARP TELECOMMUNICATIONS OF EUROPE LIMITED (02483876 - UK) active
>75%:SHARP COMMUNICATION COMPLIANCE LIMITED (05417406 - UK) active
>75%:MIDSHIRE BUSINESS SYSTEMS (NORTHERN) LIMITED (03545609 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2023-10-01	2024-03-31	24	1%	3%	83052
2023-04-01	2023-09-30	24	1%	4%	76491
2022-10-01	2023-03-31	25	1%	3%	70717
2022-04-01	2022-09-30	24	1%	3%	64411
2021-10-01	2022-03-31	25	1%	3%	57220
2021-04-01	2021-09-30	24	1%	3%	57218
2020-10-01	2021-03-31	25	1%	2%	44063
2020-04-01	2020-09-30	28	2%	6%	37598
2019-10-01	2020-03-31	27	2%	6%	30473
2019-04-01	2019-09-30	27	1%	8%	23695
2018-10-01	2019-03-31	24	5%	14%	15498
2018-04-01	2018-09-30	24	1%	18%	8953

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 27510 Manufacture of electric domestic appliances)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
DYSON TECHNOLOGY LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	01959090	2017-12-31	3,132,300,000	450,300,000	72190-Other research and experimental development on natural sciences and engineering
WHIRLPOOL UK APPLIANCES LIMITED	MORLEY WAY, PETERBOROUGH, PE2 9JB	00106725	2017-12-31	626,875,000	-1,858,000
DYSON LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	02627406	2017-12-31	374,000,000	175,100,000
KENWOOD LIMITED	1 KENWOOD BUSINESS PARK, NEW, LANE, HAVANT, HAMPSHIRE, PO9 2NH	00872044	2017-12-31	328,858,000	28,484,000
ELECTROLUX PLC	ELECTROLUX, ADDINGTON WAY, LUTON, BEDFORDSHIRE, LU4 9QQ	02331516	2017-12-31	317,283,000	5,147,000
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.	MITSUBISHI ELECTRIC AIR CONDITIONING, NETTLEHILL ROAD, HOUSTOUN INDUSTRIAL ESTATE, LIVINGSTON, EH54 5EQ	SC191805	2018-03-31	194,185,000	13,488,000	28250-Manufacture of non-domestic cooling and ventilation equipment
NUMATIC INTERNATIONAL LIMITED	KNOLL HOUSE, KNOLL ROAD, CAMBERLEY, SURREY, GU15 3SY	00773331	2017-12-31	149,261,000	8,449,000
MAX APPLIANCES LIMITED	KINGFISHER HOUSE UNIT 16, WHEEL PARK, WESTFIELD, SUSSEX, UNITED KINGDOM, TN35 4SE	03432279	2018-09-30	371,329	0
KRUSHR LIMITED	4 CHURCH LANE, STAMFORD, ENGLAND, PE9 2JU	05920288	2017-12-31	211,417	0
SIGMA H TRONICS LTD	9 CHAWORTH ROAD, OTTERSHAW, CHERTSEY, SURREY, KT16 0PE	07141351	2018-03-31	66,600	0
ELECTROCOOK LIMITED	THE GREY HOUSE, THE GREY HOUSE, NETHY BRIDGE, INVERNESS-SHIRE, PH25 3EB	SC515171	2019-03-31	0	0
DYSON JAMES GROUP LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	07086916	0000-00-00	0	0	70100-Activities of head offices
DYSON JAMES LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	03772814	0000-00-00	0	0	27900-Manufacture of other electrical equipment 72190-Other research and experimental development on natural sciences and engineering

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
SHARP ELECTRONICS (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	0.7%	2.2%	3.8%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.8%	4.4%	8.7%	Medium