VESTAS OFFSHORE WIND BLADES UK LTD

WEST MEDINA MILLS, STAG LANE, NEWPORT, ISLE OF WIGHT, PO30 5TR

Previous name: MHI VESTAS OFFSHORE WIND BLADES UK LTD (changed on 27-Feb-2021)
Previous name: RSCO 789 LTD (changed on 18-Nov-2014)

Company Number: 09170456
Incorporation date: 11-Aug-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
33190 Repair of other equipment




SUMMARY

This company is 9.6 years old and is currently active. It is controlled by multiple entities. The company has 3 active officers (directors or partners) who are or were officers of 3 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: 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-Mar-2018 GBP
31-Mar-2017 GBP 54,382,000 2,054,000 384,000 1,660,000
31-Mar-2016 GBP 37,123,000 1,407,000 265,000 1,058,000
31-Mar-2015 GBP -5,000 -5,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2018 GBP 8,547,000 9,909,000
31-Mar-2017 GBP 8,547,000 16,125,000 7,000,000 7,713,000 14,713,000
31-Mar-2016 GBP 5,456,000 14,208,000 7,000,000 6,053,000 13,053,000
31-Mar-2015 GBP 4,613,000 8,000 10,000 11,000 12,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2018 GBP inf% -7,000,000 7,000,000 0 -5,047,000
31-Mar-2016 GBP 99.86% 6,990,000 10,000 7,000,000 777,000
* 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)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Thomas Gunner ARENDT 17 May 2023 Gsvp Legal Risk Compliance Danish 1 - 00 (0.0%)
Active Emma Elaine BERGMAN 01 Feb 2022 Senior Vice President Region Nce Swedish 4 - 00 (0.0%)
Resigned Steen MOLLER 23 Feb 2021 17 May 2023 Finance Danish 0 - 30 (0.0%)
Active Tommy Rahbek NIELSEN 23 Feb 2021 Executive Vice President & Coo, Vestas Danish 1 - 00 (0.0%)
Resigned Hans Martin SMITH 23 Feb 2021 01 Feb 2022 Svp Region Vestas Nce Danish 0 - 20 (0.0%)
Resigned Robert Christian Gustaf BORIN 18 Aug 2017 24 Feb 2021 Senior Vice President Manufacturing, Mvow Swedish 0 - 10 (0.0%)
Resigned Tatsuichiro HONDA 18 Aug 2017 24 Feb 2021 Director Japanese 0 - 20 (0.0%)
Resigned Torben Hvid LARSEN 04 Dec 2014 18 Aug 2017 None Danish 0 - 10 (0.0%)
Resigned Flemming Obenhausen ANDERSEN 11 Aug 2014 24 Feb 2021 Senior Vice President, Finance Danish 0 - 20 (0.0%)
Resigned Takao ARAI 11 Aug 2014 18 Aug 2017 Chief Financial Officer Japanese 0 - 20 (0.0%)
Resigned Flemming OUGAARD 11 Aug 2014 04 Dec 2014 Svp Operations Danish 0 - 20 (0.0%)
Number of active directors: 3
Average tenure of active directors: 2.0 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NEG MICON UK LIMITED (03480368) - Active
VESTAS OFFSHORE WIND UK LTD (05798594) - Active
VESTAS OFFSHORE WIND BLADES UK LTD (09170456) - Active
VESTAS-CELTIC WIND TECHNOLOGY LTD. (SC216807) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-06-082016-06-082015-08-11
VESTAS OFFSHORE WIND A/SORDINARY7,000,001
100%
0
0%
0
0%
MHI VESTAS OFFSHORE WIND A/SORDINARY0
0%
7,000,001
100%
5,000,001
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

VESTAS OFFSHORE WIND BLADES 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 40 28% 13% 80310
2023-01-01 2023-06-30 39 28% 19% 75918
2022-07-01 2022-12-31 37 25% 13% 67001
2022-01-01 2022-06-30 39 26% 16% 62557
2021-07-01 2021-12-31 49 37% 29% 55059
2021-01-01 2021-06-30 49 38% 37% 50336
2019-04-01 2019-09-30 % % 29472
2018-10-01 2019-03-31 % % 17505
2018-04-01 2018-09-30 52 38% 24% 8666


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 28110 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CUMMINS LTD. 3RD FLOOR 10 EASTBOURNE TERRACE, PADDINGTON, LONDON, ENGLAND, W2 6LG 00573951 2017-12-31 1,881,633,000 203,163,000
PERKINS ENGINES COMPANY LIMITED EASTFIELD, FRANK PERKINS WAY, PETERBOROUGH, PE1 5FQ 02089227 2017-12-31 1,462,211,000 23,593,000
MHI VESTAS OFFSHORE WIND UK LTD GROUND FLOOR 301 BRIDGEWATER PLACE, BIRCHWOOD PARK, WARRINGTON, CHESHIRE, UNITED KINGDOM, WA3 6XF 05798594 2018-03-31 719,434,000 3,000,000
SIEMENS INDUSTRIAL TURBOMACHINERY LIMITED C A PARSONS WORKS, SHIELDS ROAD, NEWCASTLE UPON TYNE, ENGLAND, NE6 2YL 04729734 2018-09-30 294,836,000 18,700,000 70100-Activities of head offices
RWG (REPAIR & OVERHAULS) LIMITED SIR IAN WOOD HOUSE HARENESS ROAD, ALTENS INDUSTRIAL ESTATE, ABERDEEN, SCOTLAND, AB12 3LE SC120673 2017-12-31 159,105,000 16,858,000
JCB POWER SYSTEMS LIMITED LAKESIDE WORKS, ROCESTER, UTTOXETER, STAFFORDSHIRE, ST14 5JP 04797821 2017-12-31 153,022,000 2,912,000
MHI VESTAS OFFSHORE WIND BLADES UK LTD WEST MEDINA MILLS, STAG LANE, NEWPORT, ISLE OF WIGHT, PO30 5TR 09170456 2018-03-31 71,209,000 2,196,000 33190-Repair of other equipment
W B POWER SERVICES LIMITED HEANOR GATE ROAD, HEANOR, DERBYSHIRE, ENGLAND, DE75 7RJ 02120023 2018-04-30 17,239,051 0 30200-Manufacture of railway locomotives and rolling stock
SIMON BEATSON RACING LIMITED NIDD LODGE SHROPHAM ROAD, GREAT HOCKHAM, THETFORD, ENGLAND, IP24 1NL 10498458 2018-11-30 50,712 0
BELLTECH ENGINEERING LTD 234 SEAFIELD ROAD, BOURNEMOUTH, ENGLAND, BH6 5LL 04148641 2018-01-31 21,122 0 33190-Repair of other equipment
59200-Sound recording and music publishing activities
62020-Information technology consultancy activities

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
VESTAS OFFSHORE WIND BLADES UK LTD 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 0.8% 3.8% 7.5% Medium
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