FOLDSMART LTD

175 WOKINGHAM ROAD, READING, RG6 1LT

Company 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-2024
Accounts Filed: MICRO ENTITY (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


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.org

COMPANY 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 - 144 (13.8%)
Active James JOHNSON-FLINT 27 Sep 2019 Businessman British 1 - 00 (0.0%)
Active Joseph Edward SALTER 22 Aug 2019 Operations Director English 1 - 00 (0.0%)
Active Pelham James VINCENT 10 Feb 2015 Company Director British 4 - 13 (60.0%)
Number of active directors: 4
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

Name
 
RICHER SOUNDS LIMITED (01402643) - Active
EMPLOYEE OWNERSHIP ASSOCIATION (01419899) - Active
HI-FI DIRECT LIMITED (02809606) - Active
THE FAIRNESS FOUNDATION (02912767) - Active
GALLERY COURT LIMITED (03021231) - Liquidation
HI-FI CLUB LIMITED (03026582) - Active
AUDIOCARE SERVICES LIMITED (03055913) - Active
RICHER SOUNDS INTERNATIONAL LIMITED (03097410) - Active
RICHER CONSULTING LIMITED (03279074) - Active
CLARITY VISION (GROUP) LIMITED (03396276) - Active
JUST RECRUITMENT LIMITED (03514783) - Active
LOMO LIMITED (03648714) - Dissolved
BIG SCREEN ENTERTAINMENT LIMITED (03736608) - Active
POPTONES LIMITED (03885770) - Active
EVER 1423 LIMITED (04049010) - Active
UNITED LEARNING TRUST (04439859) - Active
ST. TROPEZ APARTMENTS LIMITED (04779029) - Active
GREATAPARTMENTS LIMITED (04821630) - Active
TERRA NOVA DEVELOPMENTS LIMITED (05096482) - Active
CUBE HOMES LIMITED (06342867) - Active
GREATAPARTMENTS AND HOUSES LTD (06571930) - Dissolved
GREAT APARTMENTS AND HOMES LIMITED (06587893) - Active
3 GLADSTONE ROAD MANAGEMENT COMPANY LIMITED (06850674) - Active
L3 DEVELOPMENTS LIMITED (07735969) - Active
PV JAMES CONSTRUCTION LTD (07816091) - Liquidation
FOLD-OUT FURNITURE LTD (09190910) - Dissolved
FOLDSMART LTD (09430742) - Active
ATOLLO FREEHOLD LIMITED (09738403) - Active
TAXWATCH (11609849) - Active
GBC ACCREDITATION LIMITED (12226613) - Active
VERTEX PROPERTY DEVELOPMENT GROUP LTD (14018077) - Active
APEX CONSTRUCTION (SOUTH) LTD (14408799) - Active - Proposal to Strike off

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
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