SEWING PRODUCTS LIMITED

32 DE MONTFORT STREET, LEICESTER, LEICESTERSHIRE, LE1 7GD

Company Number: 08706905
Incorporation date: 26-Sep-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
46620 Wholesale of machine tools
46640 Wholesale of machinery for the textile industry and of sewing and knitting machines




SUMMARY

This company is 10.5 years old and is currently active. It is controlled by Mr Herpreet Singh Combo. The company has negative equity (net assets) of GBP -15.9 thousand which has worsened since the previous year's figure of GBP 328. The latest reported revenue figure is GBP 20.8 thousand which is down -80% on the previous year. 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 -16 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: 30-Sep-2018
Accounts Filed: TOTAL EXEMPTION SMALL (31-Dec-2016)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2017 GBP 20,786 -16,260
31-Dec-2016 GBP 86,202 8,137 1,627 6,510
30-Sep-2015 GBP 16,641 73
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-Dec-2017 GBP 693 693 16,625 100 -16,032 -15,932
31-Dec-2016 GBP 569 18,569 18,241 100 228 328
30-Sep-2015 GBP 493 17,493 17,175 100 218 318
30-Sep-2014 GBP 6,211 6,211 5,147 100 964 1,064

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)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned? Harpreet Singh COMBO 26 Sep 2013 Director British 0 - 10 (0.0%)
Resigned Herpreet Singh COMBO 26 Sep 2013 26 Sep 2013 Director British 0 - 10 (0.0%)
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

SEWING PRODUCTS 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: 46620 Wholesale of machine tools)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DRAPER TOOLS LIMITED DRAPER TOOLS LIMITED, HURSLEY ROAD, CHANDLER'S FORD, EASTLEIGH, HAMPSHIRE, SO53 1YF 00570630 2017-08-31 54,410,561 2,596,145
AXMINSTER TOOL CENTRE LTD UNIT 10 WEYCROFT AVENUE, AXMINSTER, DEVON, EX13 5PH 03326979 2018-04-30 42,688,332 4,385,207 47789-Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
J.R. WEBSTER AND COMPANY LIMITED PRINCE WILLIAM AVENUE, SANDYCROFT, DEESIDE, CLWYD, CH5 2QZ 01349584 2017-05-31 6,691,053 0
EMAK UK LIMITED UNIT 8 ZONE 4, BURNTWOOD BUSINESS PARK, BURNTWOOD, STAFFORDSHIRE, WS7 3XD 01306606 2017-12-31 3,336,022 0
ANGLIA PIPE TOOLS LIMITED UNIT 1 DODDS FARM, HATFIELD BROAD OAK, BISHOPS STORTFORD, HERTFORDSHIRE, CM22 7JX 03954747 2018-05-31 336,865 0 47990-Other retail sale not in stores, stalls or markets
TARAX TECHNOLOGY LIMITED 20 CONSTITUTION CRESCENT, DUNDEE, SCOTLAND, DD3 6TT SC336357 2019-01-31 176,335 0
CREATIVE CTI LTD 4385, 09060144: COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH 09060144 2018-05-31 158,588 0
UPSTREAM PROCUREMENT SOLUTIONS LTD 4 WHITEWAY CLOSE, ST. ANNES PARK, BRISTOL, BS4 4DQ 07777653 2017-09-30 90,406 0
TOOLSUPPLY LIMITED 20 DOROTHY AVENUE, THURMASTON, LEICESTER, ENGLAND, LE4 8AB 07080848 2018-11-30 74,523 0
M.B.O. (TOOLS) LIMITED 73 DOWNHALL LEY, BUNTINGFORD, ENGLAND, SG9 9JT 03933861 2018-02-28 38,673 0
SEWING PRODUCTS LIMITED 32 DE MONTFORT STREET, LEICESTER, LEICESTERSHIRE, LE1 7GD 08706905 2017-12-31 20,786 0 46640-Wholesale of machinery for the textile industry and of sewing and knitting machines
ROTO DISTRIBUTION LIMITED 4 QUEENS AVENUE, FLAT 3, LONDON, N10 3NR 07370156 2018-01-31 7,793 0 47910-Retail sale via mail order houses or via Internet
H CRAMER LIMITED 8 SAINT GEORGES DRIVE, BRINSWORTH, ROTHERHAM, SOUTH YORKSHIRE, S60 5NG 04260033 2018-08-31 0 0
PHAROS BTS LIMITED KEYTEC 7 BUSINESS PARK, 26-28 KEMPTON ROAD, PERSHORE, WORCESTERSHIRE, ENGLAND, WR10 2TA 05067842 2018-09-30 0 0
ENTWISTLE & JOYNT HOLDINGS LIMITED 62 DARLINGTON STREET EAST, WIGAN, LANCASHIRE, WN1 3AT 08102651 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
SEWING PRODUCTS LIMITED 1.4% 4.3% 7.7% 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 3.5% 7.3% 10.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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