SAFRAN ELECTRICAL & POWER UK LTD

PITSTONE GREEN BUSINESS PARK WESTFIELD ROAD, PITSTONE, LEIGHTON BUZZARD, LU7 9GT

Previous name: SAFRAN POWER UK LTD. (changed on 09-Jun-2016)

Company Number: 08292872
Incorporation date: 14-Nov-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
30300 Manufacture of air and spacecraft and related machinery





SUMMARY

This company is 11.4 years old and is currently active. It is controlled by Safran. The company has positive equity (net assets) of GBP 172.3 million which has increased from GBP 164.9 million in the previous year. The latest reported revenue figure is GBP 148.6 million which is up 10% on previous year's figure of GBP 139.4 million. Retained earnings is negative (GBP -59.6 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 3 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 is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 148,577,000 9,203,000 -1,734,000
31-Dec-2018 GBP 139,362,000 5,427,000 18,000 -932,000
31-Dec-2017 GBP 124,738,000 -10,096,000 3,000 1,699,000
31-Dec-2016 GBP 126,170,000 -19,194,000 31,000 3,891,000
31-Dec-2015 GBP 124,729,000 -23,067,000 4,740,000
31-Dec-2014 GBP 138,176,000 -21,687,000 6,000 4,818,000
31-Dec-2013 GBP 115,083,000 -15,312,000 65,000 3,270,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 115,439,000 172,338,000 229,687,000 2,213,000 -59,562,000 172,338,000
31-Dec-2018 GBP 117,391,000 164,886,000 229,687,000 2,213,000 164,886,000
31-Dec-2017 GBP 101,994,000 8,424,000 229,687,000 2,213,000 -71,491,000 160,409,000
31-Dec-2016 GBP 106,310,000 168,809,000 229,687,000 2,213,000 -63,091,000 168,809,000
31-Dec-2015 GBP 86,689,000 5,876,000 229,687,000 2,213,000 -47,757,000 184,143,000
31-Dec-2014 GBP 76,827,000 6,546,000 229,687,000 -28,982,000 200,705,000
31-Dec-2013 GBP 81,935,000 3,238,000 229,687,000 -12,107,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Darren REYNOLDS 21 Sep 2023 29 Mar 2024 1 - 0
Resigned Edward James WILSON 09 Dec 2019 21 Sep 2023 0 - 1
Resigned Gaelle Claire MOSS 24 Jul 2014 09 Dec 2019 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Edward James WILSON 01 Mar 2023 Finance Director British 1 - 00 (0.0%)
Active Bruno Christophe BELLANGER 01 Jul 2022 Division General Manager French 1 - 00 (0.0%)
Active Stéphane Jean-Philippe Francois CUEILLE 22 Jul 2021 Company Director French 1 - 00 (0.0%)
Resigned Hervé BLANC 05 Jan 2021 01 Jul 2022 Director French 0 - 10 (0.0%)
Resigned Paul CLIFFORD 30 Apr 2018 04 Jan 2021 Managing Director English 0 - 10 (0.0%)
Resigned Gildas BODOLEC 02 Apr 2018 01 Mar 2023 Power Division Controller French 0 - 10 (0.0%)
Resigned Sandra MELLIER 25 Sep 2015 01 Apr 2018 Financial Controller French 0 - 10 (0.0%)
Resigned Claude MATHIEU 01 Feb 2015 25 Aug 2015 Human Ressource Europe Director French 0 - 10 (0.0%)
Resigned Philippe MARTIN 16 Nov 2014 29 Apr 2018 General Manager French 0 - 10 (0.0%)
Resigned Alain SAURET 01 Jan 2014 12 Jul 2021 Chairman And Ceo French 0 - 10 (0.0%)
Resigned Helene MOREAU-LEROY 30 Aug 2013 01 Jan 2014 Chairman And Ceo French 0 - 10 (0.0%)
Resigned Andrew John WHITE 26 Mar 2013 30 Nov 2014 None British 0 - 10 (0.0%)
Resigned Celeste Victoria THOMASSON 26 Mar 2013 01 Jan 2014 None French 0 - 10 (0.0%)
Resigned Christopher Henry PLUMB 26 Mar 2013 16 Nov 2014 Managing Director British 0 - 20 (0.0%)
Resigned Christine BASSE 26 Mar 2013 10 Sep 2013 None French 0 - 10 (0.0%)
Resigned Serge Alain Nicolas BERENGER 26 Mar 2013 25 Sep 2015 None French 0 - 10 (0.0%)
Resigned Olivier HORAIST 14 Nov 2012 30 Aug 2013 Chairman And Chief Executive Officer French 0 - 10 (0.0%)
Resigned Jean-Lin FOURNEREAUX 14 Nov 2012 30 Jul 2015 Deputy To Chief Op Officer, Corp Senior Vice-Pres French 0 - 10 (0.0%)
Number of active directors: 3
Average tenure of active directors: 1.8 years
Average tenure of resigned directors: 2.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SAFRAN ELECTRICAL & POWER UK LTD (08292872) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-142014-11-142013-11-14
SAFRAN SAORDINARY229,687,153
50%
229,687,153
50%
229,687,153
50%
SAFRAN SAORDINARY229,687,153
50%
229,687,153
50%
229,687,153
50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES


    • >75%:Safran (562082909 - France) active

    Controlling entities above

    SAFRAN ELECTRICAL & POWER UK LTD

    no controlled companies

    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
    2023-07-01 2023-12-31 54 20% 27% 80585
    2023-01-01 2023-06-30 53 15% 22% 74655
    2022-07-01 2022-12-31 52 14% 22% 68409
    2022-01-01 2022-06-30 55 14% 24% 61713
    2021-07-01 2021-12-31 53 12% 27% 53213
    2021-01-01 2021-06-30 62 19% 29% 47693
    2020-07-01 2020-12-31 56 18% 32% 42672
    2020-01-01 2020-06-30 56 17% 29% 32526
    2019-07-01 2019-12-31 47 11% 24% 25569
    2019-01-01 2019-06-30 % % 17930
    2019-01-01 2019-06-30 52 17% 29% 17934
    2018-07-01 2018-12-31 52 15% 24% 9946
    2018-01-01 2018-06-30 56 21% 35% 3735


    COURT CASES


    Date Title Reference Subject
    2018-09-23 Mr D Skinner v Safran Electrical & Power UK Ltd [2018] UKET 3304654/2018 Disability Discrimination

    PATENTS


    No Patents found

    COMPETITORS

    (Based on Sic code: 30300 Manufacture of air and spacecraft and related machinery)

    Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
    BAE SYSTEMS (OPERATIONS) LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 01996687 2017-12-31 6,501,000,000 435,000,000 84220-Defence activities
    AIRBUS OPERATIONS LIMITED PEGASUS HOUSE AEROSPACE AVENUE, FILTON, BRISTOL, BS34 7PA 03468788 2017-12-31 5,254,000,000 486,000,000
    GE AIRCRAFT ENGINE SERVICES LIMITED CAERPHILLY ROAD, NANTGARW, CARDIFF, CF15 7YJ 02605713 2017-12-31 3,216,001,000 186,542,000
    GKN AEROSPACE SERVICES LIMITED 11TH FLOOR THE COLMORE BUILDING, COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT 00355922 2017-12-31 800,399,000 175,727,000
    SAFRAN LANDING SYSTEMS UK LTD CHELTENHAM ROAD EAST, GLOUCESTER, GLOUCESTERSHIRE, GL2 9QH 03548809 2017-12-31 793,876,000 81,102,000
    SAFRAN NACELLES LIMITED BANCROFT ROAD, BURNLEY, LANCASHIRE, BB10 2TQ 02344610 2017-12-31 173,022,000 2,369,000
    SAFRAN ELECTRICAL & POWER UK LTD PITSTONE GREEN BUSINESS PARK WESTFIELD ROAD, PITSTONE, LEIGHTON BUZZARD, ENGLAND, LU7 9GT 08292872 2017-12-31 124,738,000 -8,400,000
    SAFRAN HELICOPTER ENGINES UK LIMITED CONCORDE WAY, SEGENSWORTH NORTH, FAREHAM, ENGLAND, PO15 5RL 01148466 2017-12-31 107,313,000 5,634,000 33160-Repair and maintenance of aircraft and spacecraft
    IPECO HOLDINGS LIMITED AVIATION WAY, SOUTHEND ON SEA, ESSEX, SS2 6UN 00672443 2017-12-31 88,249,000 30,654,000
    ONTIC ENGINEERING & MANUFACTURING UK LIMITED CLEEVE BUSINESS PARK, BISHOPS CLEEVE, CHELTENHAM, GLOUCESTERSHIRE, UNITED KINGDOM, GL52 8TW 06707516 2017-12-31 69,112,843 9,747,739
    AIM ALTITUDE UK LIMITED 11TH FLOOR LANDMARK ST PETERS SQUARE, 1 OXFORD STREET, MANCHESTER, M1 4PB 01004276 2017-12-31 60,112,000 1,850,000
    BULWELL PRECISION ENGINEERS LIMITED NASMYTH GROUP LIMITED, NASMYTH BUILDING COVENTRY ROAD, EXHALL, COVENTRY, CV7 9FT 00568879 2018-01-31 34,033,000 2,530,000
    SILCOMS LIMITED PIGGOTT STREET, FARNWORTH, BOLTON, BL4 9QN 00350911 2018-03-31 19,212,061 0
    MJH SERVICES (COTSWOLDS) LIMITED 2 STRATTON HEIGHTS, CIRENCESTER, GLOUCESTERSHIRE, GL7 2RH 04967945 2018-11-30 166,107 0
    P BINNS ENGINEERING LTD 46 CANADA DRIVE, COTTINGHAM, NORTH HUMBERSIDE, HU16 5EJ 08229644 2018-09-30 72,480 0
    TZY LIMITED 49 THE MOORINGS, COVENTRY, ENGLAND, CV1 4LR 08105457 2019-07-31 71,888 0
    MARK KILN ENGINEERING LIMITED 2 THE PRECINCT, REST BAY, PORTHCAWL, MID GLAMORGAN, CF36 3RF 07746862 2017-08-31 70,730 0
    ELSEB DESIGN LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07935879 2018-02-28 63,888 0
    ANR DESIGN LIMITED 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07700491 2018-07-31 61,455 0
    ROTARU SYSTEMS LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07784466 2018-09-30 58,760 0
    ADEPTECH LTD 2 BRETTON HALL OFFICES, CHESTER ROAD, BRETTON, CHESTER, ENGLAND, CH4 0DF 09420975 2018-02-28 48,363 0
    KIM & NIKKI ALVARIO LIMITED 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08394999 2018-03-31 47,837 0
    GRAHAM LEVER SERVICES LIMITED 2 AVERON RISE, MOORSIDE, OLDHAM, LANCASHIRE, OL1 4NX 05683753 2019-03-31 46,498 0
    ECOQUILLA LIMITED 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08926191 2018-03-31 43,357 0
    AVIATION COMPOSITE ENGINEERING SERVICES LTD 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08893556 2018-03-31 40,960 0
    DIESEL AIR LIMITED OLNEY HOUSE, HIGH STREET, OLNEY, BUCKS, MK46 4EB 03193531 2018-03-31 17,581 0
    CROSSCOUNTRY AERO LTD 71-75 71-75 SHELTON STREET, LONDON, ENGLAND, WC2H 9JQ 08557428 2018-06-30 196 0 62020-Information technology consultancy activities
    62090-Other information technology service activities
    63990-Other information service activities not elsewhere classified
    ACOLOCA LIMITED BOWDEN RISE PANGBOURNE, YATTENDON ROAD, READING, RG8 8PT 05224283 2018-09-30 0 0 62012-Business and domestic software development
    AIRCRAFT INTEGRATED SOLUTIONS LIMITED INTERNATIONAL HOUSE, 12 CONSTANCE STREET, LONDON, ENGLAND, E16 2DQ 09931728 2018-12-31 0 0
    ROTECH DESIGN LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07841018 2018-11-30 0 0
    VARIALIFT AIRSHIPS PLC 21 DIAMOND PARK DRIVE, WORDSLEY, STOURBRIDGE, WEST MIDLANDS, ENGLAND, DY8 4YB 06180690 2018-12-31 0 0
    GE INFRASTRUCTURE AVIATION CHELTENHAM ROAD, BISHOPS CLEEVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 8SF 06378241 0000-00-00 0 0 52230-Service activities incidental to air transportation
    96090-Other service activities not elsewhere classified
    L3 COMMERCIAL TRAINING SOLUTIONS LIMITED THE BROADGATE TOWER THIRD FLOOR, 20 PRIMROSE STREET, LONDON, UNITED KINGDOM, EC2A 2RS 05815706 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
    SAFRAN ELECTRICAL & POWER UK LTD 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 0.6% 2.4% 5.5% Medium
    Sic code count 0.7% 3.5% 7.0% Medium
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