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BILLIONS EUROPE LTD
WINDER HOUSE, KINGFISHER WAY, STOCKTON-ON-TEES, CLEVELAND, TS18 3EXCompany Number: 09298775
Incorporation date: 06-Nov-2014
Status: Active
Entity type: Private Limited Company
SIC codes:
20120 Manufacture of dyes and pigments
SUMMARY
This company is 9.4 years old and is currently active. It is controlled by Mr Gang Xu. The company has negative equity (net assets) of GBP -15.6 million which has worsened since the previous year's figure of GBP 21.4 million. The latest reported revenue figure is GBP 309 million which is up 40% on previous year's figure of GBP 217.5 million. 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 -16.2 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 4 active officers (directors or partners) who are or were officers of 1 other company. 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: 21-Mar-2024Accounts Filed: FULL (31-Dec-2021)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 308,951,706 | -49,519,680 | 80 | -190,126 | -11,764,620 | -36,984,708 |
31-Dec-2021 | GBP | 217,489,921 | 10,791,197 | 1,679,563 | -431,863 | 2,232,948 | 9,805,949 |
31-Dec-2020 | ARS | 193,957,020 | 7,876,868 | -422,554 | 1,082,115 | 4,444,068 | |
31-Dec-2019 | ARS | 96,528,502 | 621,730 | 60 | -285,476 | 95,799 | 535,133 |
31-Dec-2018 | USD | 104,941,308 | 3,033,190 | 3,487 | 298,629 | 566,334 | 2,171,714 |
31-Dec-2017 | USD | 89,537,639 | 5,246,482 | 113 | 251,604 | 913,746 | 4,081,245 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 21,566,104 | 213,233,816 | 229,024,101 | 613,335 | -16,215,874 | -15,602,539 | ||
31-Dec-2021 | GBP | 5,491,441 | 178,836,115 | 157,656,557 | 613,335 | 20,768,834 | 21,382,169 | ||
31-Dec-2020 | ARS | 3,431,235 | 85,434,958 | 52,476,409 | 21,607,264 | 613,335 | 10,962,885 | 11,576,220 | |
31-Dec-2019 | ARS | 6,351,946 | 92,413,127 | 65,871,110 | 19,614,768 | 613,335 | 6,518,817 | 7,132,152 | |
31-Dec-2018 | USD | 42,853,938 | 36,290,571 | 10,015,153 | 613,335 | 5,983,684 | 6,597,019 | ||
31-Dec-2017 | USD | 640,447 | 36,918,616 | 22,671,445 | 10,015,153 | 613,335 | 3,666,063 | 4,279,398 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Qingfei SHEN | 16 Feb 2023 | Company Director | Chinese | 1 - 0 | 0 (0.0%) | |
Resigned | Yuanzhi CHEN | 16 Mar 2022 | 10 Feb 2023 | Manager | Chinese | 0 - 1 | 0 (0.0%) |
Active | Yongai DONG | 09 Apr 2021 | Company Director | Chinese | 1 - 0 | 0 (0.0%) | |
Resigned | Dong LIU | 09 Apr 2021 | 10 Feb 2023 | Company Director | Chinese | 0 - 1 | 0 (0.0%) |
Resigned | Ge YAO | 09 Apr 2021 | 10 Feb 2023 | Company Director | Chinese | 0 - 1 | 0 (0.0%) |
Active | Julie-Anna Mclanachan REID | 01 Jan 2021 | Manager | British | 1 - 0 | 0 (0.0%) | |
Resigned | Fiona Margaret MACLEOD | 06 Nov 2014 | 08 Apr 2021 | Engineer | British | 0 - 3 | 0 (0.0%) |
Active | Ran XU | 06 Nov 2014 | Marketing Representative | Chinese | 1 - 0 | 0 (0.0%) | |
Resigned | Ruiqing TAN | 06 Nov 2014 | 30 Aug 2022 | Owner | Chinese | 0 - 1 | 0 (0.0%) |
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | |
---|---|---|---|
2016-11-06 | 2015-11-06 | ||
BILLIONS (HONG KONG) CORPORATION LIMITED | ORDINARY | 500,000 100% | 0 0% |
HENAN BILLIONS CHEMICALS COO., LTD | ORDINARY | 0 0% | 500,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
BILLIONS EUROPE LTD
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:
20120 Manufacture of dyes and pigments)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
VENATOR MATERIALS UK LIMITED | TITANIUM HOUSE, HANZARD DRIVE, WYNYARD PARK, STOCKTON ON TEES, TS22 5FD | 00832447 | 2017-12-31 | 313,295,000 | 85,714,000 | |
NOVARTIS GRIMSBY LIMITED | 2ND FLOOR, THE WESTWORKS BUILDING WHITE CITY PLACE, 195 WOOD LANE, LONDON, UNITED KINGDOM, W12 7FQ | 00170180 | 2017-12-31 | 141,018,000 | 13,567,000 |
20130-Manufacture of other inorganic basic chemicals 20160-Manufacture of plastics in primary forms 21100-Manufacture of basic pharmaceutical products |
VENATOR PIGMENTS UK LIMITED | OXERRA UK LIMITED LIVERPOOL ROAD EAST, KIDSGROVE, STOKE-ON-TRENT, STAFFORDSHIRE, ENGLAND, ST7 3AA | 02395270 | 2017-12-31 | 48,367,000 | 1,391,000 |
20130-Manufacture of other inorganic basic chemicals 20590-Manufacture of other chemical products not elsewhere classified |
POINTING LIMITED | OLDMEDOW ROAD, KINGS LYNN, NORFOLK, PE30 4LA | 00465970 | 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 |
---|---|---|---|---|
BILLIONS EUROPE 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 | 0.7% | 3.5% | 7.0% | Medium |