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FOLDSMART LTD
175 WOKINGHAM ROAD, READING, RG6 1LTCompany Number: 09430742
Incorporation date: 10-Feb-2015
Status: Active
Entity type: Private Limited Company
SIC codes:
46470 Wholesale of furniture, carpets and lighting equipment
SUMMARY
This company is 9.1 years old and is currently active. It is controlled by Mr Pelham James Vincent. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -331.7 thousand which has worsened since the previous year's figure of GBP -303.2 thousand. The company has 4 active officers (directors or partners) who are or were officers of 31 other companies, 5 (16.1%) 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-Nov-2024Accounts Filed: MICRO ENTITY (28-Feb-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
28-Feb-2023 | GBP | 748 | 331,968 | -331,726 | |||||
28-Feb-2022 | GBP | 1,374 | 304,550 | -303,158 | |||||
28-Feb-2021 | GBP | 4,797 | 286,314 | -281,280 | |||||
29-Feb-2020 | GBP | 24,992 | 228,684 | 27,614 | -232,299 | ||||
28-Feb-2019 | GBP | 21,328 | 265,962 | 27,614 | -275,508 | ||||
28-Feb-2018 | GBP | 928 | 230,512 | 27,614 | -259,200 | ||||
28-Feb-2017 | GBP | 500 | 71,202 | 197,829 | -267,841 | ||||
29-Feb-2016 | GBP | 31,368 | 94,211 | 124,970 | -122,945 |
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Joseph Edward SALTER | 22 Feb 2022 | 29 Mar 2024 | 1 - 0 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | David Barrie ROBINSON | 27 Sep 2019 | Company Director | British | 15 - 14 | 4 (13.8%) | |
Active | James JOHNSON-FLINT | 27 Sep 2019 | Businessman | British | 1 - 0 | 0 (0.0%) | |
Active | Joseph Edward SALTER | 22 Aug 2019 | Operations Director | English | 1 - 0 | 0 (0.0%) | |
Active | Pelham James VINCENT | 10 Feb 2015 | Company Director | British | 4 - 1 | 3 (60.0%) |
Average tenure of active directors: 5.7 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 18.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
FOLDSMART 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:
46470 Wholesale of furniture, carpets and lighting equipment)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
IKEA DISTRIBUTION SERVICES LIMITED | 100 AVEBURY BOULEVARD, MILTON KEYNES, UNITED KINGDOM, MK9 1FH | 03568682 | 2017-08-31 | 82,263,000 | 2,967,000 |
46499-Wholesale of household goods (other than musical instruments) not elsewhere classified |
BENTLEY DESIGNS (UK) LIMITED | UNIT A1, SYMMETRY PARK, MORRELL WAY, BICESTER, ENGLAND, OX26 6GF | 02159353 | 2017-09-30 | 26,236,352 | 0 | |
HEATSEAM LIMITED | C/O LIKEWISE GROUP PLC UNIT 4 RADIAL PARK, RADIAL WAY, BIRMINGHAM BUSINESS PARK, SOLIHULL, BIRMINGHAM, UNITED KINGDOM, B37 7WN | 03220392 | 2018-03-31 | 18,997,849 | 0 | |
MAZE RATTAN LIMITED | BOWDEN HOUSE, 36 NORTHAMPTON ROAD, MARKET HARBOROUGH, LEICS, LE16 9HE | 06830840 | 2017-12-31 | 13,453,880 | 0 | |
K J FLANAGAN & CO LTD | MILLPOND BUSINESS PARK, SAINTFIELD, BT24 7EP | NI041021 | 2017-09-30 | 12,447,959 | 0 | |
RAMEZANI (LONDON) LIMITED | 38 FOURTH WAY, WEMBLEY, MIDDLESEX, HA9 0LH | 02847718 | 2017-12-31 | 1,452,602 | 0 | |
CLARITION DESIGNS LIMITED | 25 MINERVA ROAD, LONDON, NW10 6HJ | 03672903 | 2016-11-30 | 1,154,366 | 0 | |
EURO BEDS LTD | UNIT 1, MANOR STREET, MANCHESTER, M12 6HE | 09113232 | 2018-07-31 | 558,156 | 0 |
47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
MAYFIELDS AFRICA EXPORTS LTD | 15 CHADWICK PLACE, LONG DITTON, SURBITON, ENGLAND, KT6 5RE | 07682168 | 2018-06-30 | 391,762 | 0 |
46499-Wholesale of household goods (other than musical instruments) not elsewhere classified |
DAISALUX LIMITED | THE OLD GRANARY, DUNTON ROAD, LAINDON, ESSEX, UNITED KINGDOM, SS15 4DB | 09583350 | 2018-05-31 | 154,744 | 0 | |
M.LYDON COMPANY LTD | UNIT 9 CREEKMOUTH IND ESTATE, 57 RIVER ROAD, BARKING, ESSEX, IG11 0DA | 07003377 | 2018-08-31 | 97,140 | 0 | |
BINARY LIGHTING LIMITED | 7 CHURCH COURT, CHURCH ROAD, HAYWARDS HEATH, WEST SUSSEX, UNITED KINGDOM, RH16 3UE | 07897565 | 2018-03-31 | 85,663 | 0 | |
KATWOOD LIMITED | 17 ELAND ROAD, CROYDON, SURREY, UNITED KINGDOM, CR0 4LJ | 08879534 | 2018-02-28 | 82,756 | 0 | |
OZZMIUM LIMITED | 3 HORSTED SQUARE, BELLBROOK INDUSTRIAL ESTATE, UCKFIELD, ENGLAND, TN22 1QG | 07933609 | 2017-12-31 | 80,391 | 0 | |
FURNITURE SHOWROOM LIMITED | UNIT 5, ANTHONY COURT, 41, CLYDE STREET, CLYDEBANK, DUNBARTONSHIRE, SCOTLAND, G81 1PF | SC395676 | 2018-03-31 | 69,659 | 0 | |
LED PANEL PRO LTD | 20-22 WENLOCK ROAD, LONDON, N1 7GU | 09151882 | 2018-07-31 | 41,499 | 0 | |
1ST CHOICE OFFICE FURNITURE LIMITED | 4 OLD PARK LANE, LONDON, ENGLAND, W1K 1QW | 02977237 | 2017-12-31 | 17,108 | 0 | |
ALARWOOL UK LTD | 19 THE CIRCLE, QUEEN ELIZABETH STREET, LONDON, ENGLAND, SE1 2JE | 10181527 | 2018-05-31 | 13,645 | 0 | |
CARPET PRINT EUROPE LIMITED | 7 TACKFORD CLOSE, CASTLE BROMWICH, SOLIHULL, ENGLAND, B36 9TA | 09752801 | 2018-08-31 | 10,639 | 0 | |
HUNDEL LIGHTING LIMITED | 71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ | 10598497 | 2018-02-28 | 7,166 | 0 | |
FRANK HUDSON LIMITED | C/O GALLERY DIRECT LTD CASTLE ROAD, EUROLINK COMMERCIAL PARK, SITTINGBOURNE, KENT, ME10 3RN | 03302255 | 2018-12-31 | 0 | 0 |
47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
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 |
---|---|---|---|---|
FOLDSMART LTD | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | 0.4% | 3.0% | 8.2% | Medium |
Age | 0.6% | 2.5% | 4.9% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.3% | 1.2% | 1.8% | Medium |
Accounting Month | 0.5% | 2.1% | 5.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |