BILLIONS EUROPE LTD

WINDER HOUSE, KINGFISHER WAY, STOCKTON-ON-TEES, CLEVELAND, TS18 3EX

Company 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-2024
Accounts 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**
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)
Active Qingfei SHEN 16 Feb 2023 Company Director Chinese 1 - 00 (0.0%)
Resigned Yuanzhi CHEN 16 Mar 2022 10 Feb 2023 Manager Chinese 0 - 10 (0.0%)
Active Yongai DONG 09 Apr 2021 Company Director Chinese 1 - 00 (0.0%)
Resigned Dong LIU 09 Apr 2021 10 Feb 2023 Company Director Chinese 0 - 10 (0.0%)
Resigned Ge YAO 09 Apr 2021 10 Feb 2023 Company Director Chinese 0 - 10 (0.0%)
Active Julie-Anna Mclanachan REID 01 Jan 2021 Manager British 1 - 00 (0.0%)
Resigned Fiona Margaret MACLEOD 06 Nov 2014 08 Apr 2021 Engineer British 0 - 30 (0.0%)
Active Ran XU 06 Nov 2014 Marketing Representative Chinese 1 - 00 (0.0%)
Resigned Ruiqing TAN 06 Nov 2014 30 Aug 2022 Owner Chinese 0 - 10 (0.0%)
Number of active directors: 4
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

Name
 
BILLIONS EUROPE LTD (09298775) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-11-062015-11-06
BILLIONS (HONG KONG) CORPORATION LIMITEDORDINARY500,000
100%
0
0%
HENAN BILLIONS CHEMICALS COO., LTDORDINARY0
0%
500,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES


    • Significant influence or control:Mr Gang Xu - active

    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
    Do you have a dispute with a business?
    Make it public