MITEL EUROPE LIMITED

2 LONDON WALL PLACE, 4TH FLOOR, LONDON, EC2Y 5AU

Company Number: 09059484
Incorporation date: 28-May-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment





SUMMARY

This company is 9.8 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 166.1 million which has decreased from the previous year's figure of GBP 166.1 million. The latest reported revenue figure is GBP 6.5 million which is up 147230% on previous year's figure of GBP 4.4 thousand. The company has 4 active officers (directors or partners) who are or were officers of 34 other companies, 9 (26.5%) 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: 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 6,503,000 389,000 1,187,000 -116,000
31-Dec-2018 EUR 4,414 -1,217 198 8,216
31-Dec-2017 GBP 1,665,000 -1,181,000 -2,246,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 242,000 16,734,000 10,732,000 11,798,000 2,000 13,736,000 152,335,000 166,073,000
31-Dec-2018 EUR 455 42,992 12 13 14 13,736 152,400 166,138
31-Dec-2017 GBP 363,000 4,154,000 12,824,000 11,197,000 2,000 12,429,000 144,184,000 156,615,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP 99.30% 13,724,250 96,747 13,820,997 12,736,651
31-Dec-2018 EUR -14,185.71% -12,417,250 12,504,783 87,533 11,712,937
* 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 Gregory J. HISCOCK 28 May 2014 29 Mar 2024 1 - 0
Resigned TAYLOR WESSING SECRETARIES LIMITED 28 May 2014 28 May 2014 420 - 1747

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Richard Eric HODGETTS 01 Dec 2017 Accountant British 5 - 136 (33.3%)
Active Craig Justin EVANS 15 Sep 2017 Businessman British 4 - 41 (12.5%)
Active Sarah Jane TAYLOR 21 Aug 2017 Businesswoman British 1 - 11 (50.0%)
Active Gregory James HISCOCK 16 Jun 2017 Lawyer Canadian 8 - 154 (17.4%)
Resigned Simon SKELLON 05 Apr 2016 31 Aug 2017 Executive British 0 - 80 (0.0%)
Resigned Graham BEVINGTON 28 May 2014 05 Apr 2016 Managing Director British 0 - 189 (50.0%)
Resigned Richard Michael BURSBY 28 May 2014 28 May 2014 Solicitor British 9 - 728259 (35.1%)
Resigned James Andrew EVANS 28 May 2014 16 Jun 2017 Accountant British 1 - 71 (12.5%)
Resigned Steven Edward SPOONER 28 May 2014 21 Aug 2017 Cfo Canadian 0 - 61 (16.7%)
Number of active directors: 4
Average tenure of active directors: 6.6 years
Average tenure of resigned directors: 1.9 years
Average active director Dissolution Rate: 28.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
WESTCON GROUP AFRICA OPERATIONS LIMITED (01264633) - Active
MITEL NETWORKS LIMITED (01309629) - Active
TIGERTMS LIMITED (01763604) - Active
INTER-TEL EUROPE LIMITED (02331050) - Active
CRANE TELECOMMUNICATIONS GROUP LIMITED (02493759) - Dissolved
COMSTOR LIMITED (02898318) - Dissolved
SWAN SOLUTIONS LIMITED (03062945) - Active
COMSTOR GROUP LIMITED (03257722) - Dissolved
MITEL TELECOM LIMITED (03523477) - Active
WESTCON (UK) LIMITED (03668409) - Dissolved
CRANE TELECOMMUNICATIONS LIMITED (03692313) - Dissolved
CALLVIEW LIMITED (03697295) - Dissolved
AASTRA TELECOM (UK) LIMITED (03743207) - Active
MITEL NETWORKS HOLDINGS LIMITED (04186471) - Active
MAVENIR SYSTEMS UK LIMITED (04388973) - Active
COMM SOURCE EUROPE LIMITED (04470314) - Dissolved
WESTCON INTERNATIONAL GROUP HOLDINGS LIMITED (04766516) - Active
MAVENIR SYSTEMS HOLDINGS LIMITED (05181808) - Liquidation
STOKE UK LIMITED (05480017) - Active
TELEPO LIMITED (05839778) - Active
UNIFY ENTERPRISE COMMUNICATIONS LIMITED (05903714) - Active
SHORETEL UK LIMITED (05947793) - Active
UNIFY ENTERPRISE UK HOLDINGS LIMITED (06690346) - Active
OAISYS LIMITED (07081078) - Dissolved
WESTCON GROUP MIDDLE EAST HOLDINGS LIMITED (07319103) - Active
MITEL EUROPE LIMITED (09059484) - Active
CONNECTED HOTELS LIMITED (09064844) - Active
CONNECTED GUESTS LTD (09106445) - Active
CORVISA EUROPE LTD (09361349) - Active
UNIFY UK INTERNATIONAL LIMITED (09660071) - Active
MITEL NETWORKS PENSION TRUSTEE COMPANY LIMITED (10471676) - Active
CLAREFIELD ESTATES LTD (10624230) - Active
LANDYMOOR LTD (10863084) - Active
MLN UK MIDCO LIMITED (11580367) - Dissolved
UNIFY HOLDING UK 1 LIMITED (14811050) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-05-282019-05-282016-05-282015-05-28
MITEL NETWORKS (INTERNATIONAL) LIMITEDORDINARY2,005
100%
0
0%
0
0%
0
0%
MLN UK MIDCO LIMITEDORDINARY0
0%
2,004
100%
0
0%
0
0%
MITEL NETWORKS CORPORATIONORDINARY0
0%
0
0%
2,004
100%
1,002
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2016-03-302016-03-232015-03-302015-03-23
MITEL EUROPE LIMITEDORDINARY13,000
100%
31,746,012
100%
13,000
100%
31,746,012
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MITEL EUROPE LIMITED

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: 26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LEONARDO MW LTD 1 EAGLE PLACE, ST JAMES'S, LONDON, ENGLAND, SW1Y 6AF 02426132 2017-12-31 1,822,492,000 121,983,000 26511-Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
30300-Manufacture of air and spacecraft and related machinery
33160-Repair and maintenance of aircraft and spacecraft
TUNSTALL HEALTHCARE (UK) LIMITED WHITLEY BRIDGE, YORKSHIRE, DN14 0HR 01332249 2018-09-30 96,720,000 27,994,000
INDUSTRIAL CONTROL DISTRIBUTORS LIMITED UNITS 8-9 BRIDLE CLOSE, FINEDON ROAD INDUSTRIAL ESTATE, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 4RN 03609272 2018-03-31 14,961,393 0
MEREDITH BROADCAST AUDIO LIMITED CORELEY MILL, CORELEY, LUDLOW, SHROPSHIRE, SY8 3AU 06791375 2017-12-31 1,747,157 0
BHI LIMITED 22 WOOLVEN CLOSE, BURGESS HILL, WEST SUSSEX, RH15 9RR 04421557 2019-03-31 346,604 0
ORBIT COMMUNICATION SYSTEMS EUROPE LTD. REDFERN LEGAL LLP, 7 HENRIETTA STREET, LONDON, WC2E 8PS 04489239 2018-12-31 145,707 0 33130-Repair of electronic and optical equipment
METERLINK INTERNATIONAL LIMITED 17 BROOMPARK ROAD, EDINBURGH, EH12 7JZ SC188515 2018-08-31 141,938 0 62012-Business and domestic software development
TIMIT LTD 7 MAIN STREET, LEICESTER, LE3 3AL 04933104 2018-10-31 60,309 0 26511-Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
62090-Other information technology service activities
CALLTRONICS LIMITED KL ACCOUNTANTS LTD. OFFICE 64 CONSETT BUSINESS PARK, VILLA REAL, CONSETT, ENGLAND, DH8 6BN 05181242 2018-06-30 49,357 0 62012-Business and domestic software development
62020-Information technology consultancy activities
VISITOR INFORMATION SERVICES LIMITED 12 BROOK AVENUE, WILNECOTE, TAMWORTH, STAFFORDSHIRE, ENGLAND, B77 5BT 09807645 2018-10-31 9,740 0
COTECH ELECTRONIC SERVICES LIMITED 11 ELM AVENUE, WATFORD HEATH, WATFORD, HERTFORDSHIRE, WD19 4BD 02588855 2019-04-30 1,773 0
TRACE LIGHTING LTD 7 MAYHURST CLOSE, HOLLYWOOD, BIRMINGHAM, ENGLAND, B47 5QH 06222486 2018-04-30 648 0
CAL ENTERPRISES LIMITED 11 HIGHLANDS AVENUE, BARROW IN FURNESS, CUMBRIA, LA13 0AU 04815849 2018-11-30 0 0
STRONGBYTE SOLUTIONS LIMITED UNIT 7 WYCHWOOD BUSINESS CENTRE, MILTON ROAD, SHIPTON UNDER WYCHWOOD, OXFORDSHIRE, OX7 6XU 07768497 2018-12-31 0 0
AVEVA GROUP PLC HIGH CROSS, MADINGLEY ROAD, CAMBRIDGE, CB3 0HB 02937296 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
MITEL EUROPE LIMITED 0.7% 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 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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