SUMMER SCREENS LIMITED

1 PROSPECT STREET, CAVERSHAM, READING, RG4 8JB

Company Number: 08422657
Incorporation date: 27-Feb-2013
Status: Active - Proposal to Strike off
Entity type: Private Limited Company

SIC codes:
59140 Motion picture projection activities

SUMMARY

This company is 11.1 years old and is currently active - proposal to strike off. It is controlled by Mr Philip Jon Cottle. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -37 thousand which has worsened since the previous year's figure of GBP -2.7 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -34.2 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 -37.1 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 1 active officers (directors or partners) who are or were officers of 2 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-2023
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2022)

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-Mar-2022	GBP	50,693	54,510	22,465	84,044	100	-37,061	-36,961
31-Mar-2021	GBP	70,439	78,959	17,023	94,630	100	-2,841	-2,741
31-Mar-2020	GBP	51,895	59,320	29,206	50,525	100	25,172	25,272
31-Mar-2019	GBP	21,987	31,917	23,342	21,094	100	16,861	16,961
31-Mar-2018	GBP	64,308	4,944	36,038	7,275	100	36,779	36,879
31-Mar-2017	GBP	80,046	82,711	70,811	13,094	100	13,736	13,836

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	Philip Jon COTTLE	27 Feb 2013	16 Apr 2024			1 - 0

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Philip Jon COTTLE	27 Feb 2013		Managing Director	British	1 - 2	3 (100.0%)

Number of active directors: 1
Average tenure of active directors: 11.1 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 100.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Philip Jon COTTLE
CULT SCREENS LIMITED (08422497) - Dissolved	✔
SUMMER SCREENS LIMITED (08422657) - Active - Proposal to Strike off	✔
SPITFIRE JACK LTD (14133629) - Active - Proposal to Strike off	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mr Philip Jon Cottle - active

Controlling entities above

SUMMER SCREENS 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: 59140 Motion picture projection activities)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
VUE ENTERTAINMENT LIMITED	10 CHISWICK PARK, 566 CHISWICK HIGH ROAD, LONDON, W4 5XS	04699504	2017-11-30	284,768,000	14,956,000
NATL. AMUSEMENTS (UK) LIMITED	REDFIELD WAY, LENTON, NOTTINGHAM, NG7 2UW	02141131	2018-01-04	106,568,897	1,216,949
EVERYMAN MEDIA GROUP PLC	STUDIO 4, 2 DOWNSHIRE HILL, LONDON, NW3 1NR	08684079	2019-01-03	51,880,000	2,037,000
PICTUREHOUSE CINEMAS LIMITED	8TH FLOOR VANTAGE LONDON, GREAT WEST ROAD, BRENTFORD, ENGLAND, ENGLAND, TW8 9AG	02310403	2017-12-31	36,735,532	16,546,424
ABC CINEMAS LIMITED	8TH FLOOR, 1 STEPHEN STREET, LONDON, UNITED KINGDOM, W1T 1AT	03167622	2017-12-31	36,281,000	651,000
STER CENTURY (UK) LIMITED	10 CHISWICK PARK, 566 CHISWICK HIGH ROAD, LONDON, W4 5XS	03347110	2017-11-30	35,612,000	397,000
APOLLO CINEMAS LIMITED	10 CHISWICK PARK, 566 CHISWICK HIGH ROAD, LONDON, W4 5XS	04367985	2017-11-30	19,687,000	1,767,000
REEL CINEMAS LIMITED	SITAL HOUSE, 3 - 6 CATTLE MARKET, LOUGHBOROUGH, LEICESTERSHIRE, LE11 3DL	03561597	2017-12-31	10,975,157	0
REEL CINEMAS (EUROPE) LIMITED	SITAL HOUSE, 3-6 CATTLE MARKET, LOUGHBOROUGH, LEICESTERSHIRE, LE11 3DL	07573628	2018-12-27	6,726,750	0
FFRESH LIMITED	C/O THE FESTIVALS COMPANY, TY CEFN, RECTORY ROAD, CARDIFF, WALES, CF5 1QL	06354202	2018-08-31	50,970	0	85590-Other education not elsewhere classified
FESTIVAL INTERNATIONAL DE MADRID LIMITED	1 CARN BREA COTTAGE, BATH ROAD, MARGATE, ENGLAND, CT9 1SW	07955664	2018-02-28	49,513	0
TRISOR UNITED DEVELOPMENTS LTD	19 WIMBLEDON AVENUE, BRANDON, ENGLAND, IP27 0NZ	08845170	2019-01-31	6,582	0
NEXNIX LIMITED	CREEK VIEW GREENBANK ROAD, DEVORAN, TRURO, CORNWALL, ENGLAND, TR3 6PJ	02642648	2018-03-31	0	0

LIQUIDATION RISK (BETA)

This company is Active - Proposal to Strike off. 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	71.1%	73.9%	76.8%	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	0.5%	2.1%	4.2%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium