ACCROL GROUP HOLDINGS PLC

DELTA BUILDING, ROMAN ROAD, BLACKBURN, LANCASHIRE, BB1 2LD

Previous name: AGHOCO 1220 LIMITED (changed on 01-Aug-2014)

Company Number: 09019496
Incorporation date: 30-Apr-2014
Status: Active
Entity type: Public Limited Company

SIC codes:
17220 Manufacture of household and sanitary goods and of toilet requisites





SUMMARY

This company is 9.9 years old and is currently active. The company has positive equity (net assets) of GBP 45 million which has increased from GBP 44.3 million in the previous year. The latest reported revenue figure is GBP 134.8 million which is up 10% on previous year's figure of GBP 119.1 million. Retained earnings is negative (GBP -23.2 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 5 active officers (directors or partners) who are or were officers of 34 other companies, 6 (17.6%) of which have since been dissolved or are proposed for strike off. 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-Oct-2024
Accounts Filed: GROUP (30-Apr-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Apr-2020 GBP 134,773,000 -181,000 267,000 1,977,000
30-Apr-2019 GBP 119,111,000 -12,742,000 1,276,000
30-Apr-2018 GBP 139,738,000 -23,356,000 4,106,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Apr-2020 GBP 8,147,000 38,917,000 42,303,000 18,157,000 195,000 68,015,000 -23,225,000 45,012,000
30-Apr-2019 GBP 2,176,000 36,636,000 33,266,000 16,709,000 195,000 68,015,000 -23,956,000 44,322,000
30-Apr-2018 GBP 431,000 46,673,000 366,881,000 21,670,000 129,000 58,832,000 -13,362,000 45,626,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Apr-2019 GBP 33.85% 9,249,000 18,077,591 27,326,591 40,588,091
* 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 Douglas ALMOND 01 Jun 2016 28 Mar 2024 British 1 - 0
Resigned A G SECRETARIAL LIMITED 30 Apr 2014 02 Jul 2014 256 - 4190

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Christopher James WELSH 02 May 2023 Director British 9 - 00 (0.0%)
Resigned Richard Hugh NEWMAN 01 Feb 2021 02 May 2023 Chief Financial Officer British 0 - 233 (13.0%)
Active Simon ALLPORT 10 Oct 2018 Company Director British 1 - 00 (0.0%)
Active Euan Graeme HAMILTON 27 Aug 2018 Commercial Director Scottish 2 - 74 (44.4%)
Resigned Steven James TOWNSLEY 11 Jun 2018 22 Jan 2019 Chief Financial Officer British 1 - 4114 (33.3%)
Resigned Angus Martin LEITCH 04 Feb 2018 10 Jul 2018 Company Director British 0 - 165 (31.3%)
Active Daniel Patrick WRIGHT 11 Dec 2017 Director British 8 - 10 (0.0%)
Active Gareth Paul JENKINS 11 Sep 2017 Chief Executive British 4 - 103 (21.4%)
Resigned Stephen Roy CROSSLEY 10 Jun 2016 11 Sep 2017 Director British 1 - 60 (0.0%)
Resigned Stephen HAMMETT 10 Jun 2016 28 Aug 2018 Director British 0 - 10 (0.0%)
Resigned Joanne Carolyn LAKE 10 Jun 2016 29 Oct 2018 Director British 6 - 93 (20.0%)
Resigned James Paul Maurice FLUDE 22 Jan 2015 04 Feb 2018 Finance Director British 0 - 20 (0.0%)
Resigned Peter CHEUNG 04 Nov 2014 03 Feb 2018 Chairman British 0 - 134 (30.8%)
Resigned Colin John PLATT 04 Nov 2014 02 Jun 2016 Director British 0 - 61 (16.7%)
Resigned Majid HUSSAIN 14 Jul 2014 02 Jun 2016 Company Director British 7 - 91 (6.3%)
Resigned Gary EARLE 14 Jul 2014 02 Jun 2016 Company Director British 0 - 20 (0.0%)
Resigned John Martin FLANAGAN 14 Jul 2014 02 Jun 2016 Company Director British 0 - 20 (0.0%)
Resigned Jawid HUSSAIN 14 Jul 2014 02 Jun 2016 Company Director British 4 - 63 (30.0%)
Resigned Daniel Patrick WRIGHT 02 Jul 2014 02 Jun 2016 Company Director British 4 - 91 (7.7%)
Resigned Daniel Patrick WRIGHT 02 Jul 2014 02 Jun 2016 Company Director British 2 - 91 (9.1%)
Resigned Roger HART 30 Apr 2014 02 Jul 2014 Solicitor British 63 - 1394278 (19.1%)
Resigned A G SECRETARIAL LIMITED 30 Apr 2014 02 Jul 2014 256 - 41901223 (27.5%)
Resigned INHOCO FORMATIONS LIMITED 30 Apr 2014 02 Jul 2014 15 - 1874669 (35.4%)
Number of active directors: 5
Average tenure of active directors: 5.0 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 13.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DS SMITH CORRUGATED PACKAGING LIMITED (00053913) - Active
DS SMITH DISPLAY HOLDING LIMITED (00382678) - Active
DS SMITH PACKAGING LIMITED (00630681) - Active
MANCHESTER AND LONDON INVESTMENT TRUST PUBLIC LIMITED COMPANY (01009550) - Active
JOHN DALE LIMITED (02479498) - Active
CREO RETAIL MARKETING LTD (02700202) - Active
ROYAL BANK PROJECT INVESTMENTS LIMITED (02834015) - Liquidation
ACCROL PAPERS LIMITED (03639930) - Active
TRM PACKAGING LIMITED (04256359) - Active - Proposal to Strike off
CYNERGY BANK LIMITED (04728421) - Active
TRM TRUSTEES LIMITED (04999464) - Dissolved
RBS ASSET FINANCE EUROPE LIMITED (05039276) - Active
UINSURE LIMITED (06046870) - Active
THE STONE TROUGH COMPANY LTD (06134179) - Dissolved
CREO RETAIL MARKETING HOLDINGS LIMITED (06186669) - Active
ACCROL HOLDINGS LIMITED (07037097) - Active
CRAMOND CAPITAL PARTNERS LIMITED (07672798) - Active
DS SMITH BUSINESS SERVICES LIMITED (08114486) - Active
LEICESTER TISSUE COMPANY LIMITED (08786053) - Active
ACCROL UK LIMITED (09010320) - Active
ACCROL GROUP HOLDINGS PLC (09019496) - Active
CREO PROPERTY LIMITED (09035768) - Active
GOMRATH LIMITED (10623427) - Active
SOLASCURE LIMITED (10826246) - Active
ATOM PARTNERS LIMITED (10860548) - Active
ART TISSUE LTD (11266845) - Active
VISION LINENS GLOBAL LIMITED (11649368) - Active
UINSURE COMMERCIAL LIMITED (12116064) - Active
UINSURE HOLDINGS LIMITED (12405402) - Active
LTC PARENT LTD (12471299) - Active
JOHN DALE (HOLDINGS) LIMITED (12605901) - Active
CYNERGY CONNECT TECHNOLOGIES LIMITED (12779777) - Active - Proposal to Strike off
RBSM CAPITAL LIMITED (SC136296) - Liquidation
RBS MEZZANINE LIMITED (SC164882) - Active
RBSM (INVESTMENTS) LIMITED (SC177822) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-302014-11-30
NORTH EDGE CAPITAL FUND I LPA ORDINARY4,521
35.4%
4,521
47.3%
MAJID HUSSAINB ORDINARY1,542
12.1%
1,542
16.1%
WAJID HUSSAINB ORDINARY1,542
12.1%
1,542
16.1%
MOZAM HUSSAINB ORDINARY1,541
12.1%
1,541
16.1%
COLIN PLATTD ORDINARY572
4.48%
0
0%
JOHN FLANNIGAND ORDINARY572
4.48%
0
0%
GARY EARLED ORDINARY572
4.48%
0
0%
PETER CHEUNGD ORDINARY572
4.48%
0
0%
JAMES FLUDED ORDINARY572
4.48%
0
0%
PETER CHEUNGC ORDINARY250
1.96%
0
0%
NORTH EDGE CAPITAL I GP LLPA ORDINARY104
0.815%
104
1.09%
JAMES FLUDEC ORDINARY100
0.784%
0
0%
COLIN PLATTC ORDINARY100
0.784%
100
1.05%
JOHN FLANAGANC ORDINARY100
0.784%
100
1.05%
GARY EARLEC ORDINARY100
0.784%
100
1.05%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2018-11-30
ACCROL GROUP HOLDINGS PLCORDINARY11,450
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

ACCROL GROUP HOLDINGS PLC

Controlled companies below

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: 17220 Manufacture of household and sanitary goods and of toilet requisites)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
KIMBERLY-CLARK EUROPE LIMITED WALTON OAKS, DORKING ROAD, TADWORTH, SURREY, ENGLAND, KT20 7NS 04060641 2017-12-31 1,445,971,000 34,921,000
KIMBERLY - CLARK LIMITED WALTON OAKS, DORKING ROAD, TADWORTH, SURREY, ENGLAND, KT20 7NS 00308676 2017-12-31 550,468,000 22,017,000 17290-Manufacture of other articles of paper and paperboard not elsewhere classified
RECKITT BENCKISER HEALTHCARE (UK) LIMITED 103-105 BATH ROAD, SLOUGH, BERKSHIRE, SL1 3UH 00261312 2017-12-31 168,144,000 31,201,000
RECKITT BENCKISER HEALTHCARE INTERNATIONAL LIMITED 103-105 BATH ROAD, SLOUGH, BERKSHIRE, SL1 3UH 02741587 2017-12-31 140,935,000 4,363,000
RECKITT BENCKISER (UK) LIMITED 103-105 BATH ROAD, SLOUGH, BERKSHIRE, SL1 3UH 03982446 2017-12-31 124,420,000 2,951,000
NORTHWOOD HYGIENE PRODUCTS LIMITED NORTHWOOD HOUSE, STAFFORD PARK 10, TELFORD, ENGLAND, TF3 3AB 07022313 2015-12-31 46,694,019 808,097
NORTHWOOD TISSUE (DISLEY) LIMITED WATERSIDE, DISLEY, STOCKPORT, CHESHIRE, ENGLAND, SK12 2HW 07022309 2017-12-31 19,049,474 0
KIMBERLY-CLARK INTERCONTINENTAL HOLDING LIMITED WALTON OAKS, DORKING ROAD, TADWORTH, SURREY, ENGLAND, KT20 7NS 10106745 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
ACCROL GROUP HOLDINGS PLC 1.2% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 1.7% 4.0% 5.9% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 1.8% 3.8% 7.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium

VALUATION (BETA)




Valuation ratios as at 2024-02-28


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
ACCROL GROUP HOLDINGS PLC 114,480,000 156,317,000 157.0 1.2 31.0
Personal Care Drug and Grocery Stores
( 14 companies)
166,728,260,000 215,090,911,400 12.7
(median)
0.7
(median)
7.3
(median)
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