PALLETFORCE HOLDINGS LIMITED

CALLISTER WAY, CENTRUM WEST, BURTON ON TRENT, STAFFORDSHIRE, DE14 2SY

Previous name: FORCEFIELD TOPCO LIMITED (changed on 28-Mar-2017)

Company Number: 09686165
Incorporation date: 14-Jul-2015
Status: Active
Entity type: Private Limited Company

SIC codes:
64204 Activities of distribution holding companies





SUMMARY

This company is 8.7 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -4 million but has improved from GBP -7.3 million in the previous year. The latest reported revenue figure is GBP 164 million which is up 30% on previous year's figure of GBP 124.2 million. Retained earnings is negative (GBP -5 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 5 active officers (directors or partners) who are or were officers of 6 other companies, 1 (16.7%) 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: 18-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-2019 GBP 163,987,000 2,580,000 3,698,000 249,000 -1,367,000
30-Sep-2018 GBP 124,154,000 -127,000 3,092,000 -176,000 -3,395,000
30-Sep-2017 GBP 113,774,000 -479,000 2,250,000 -303,000 -3,032,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 234,000 12,431,000 271,000 773,000 -5,021,000 -3,977,000
30-Sep-2018 GBP 513,000 16,990,000 20,895,000 23,862,000 1,044,000 -8,326,000 -7,282,000
30-Sep-2017 GBP 196,000 8,606,000 -121,000 8,485,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP -285.24% 0 0 0 17,890,000
30-Sep-2018 GBP -724.33% -7,562,000 8,606,000 1,044,000 16,499,500
* 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)
Active Mark DAVIS 01 May 2019 28 Mar 2024 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Adam Randal LEONARD 14 Oct 2021 14 Mar 2022 Director British 0 - 41 (25.0%)
Resigned Steve John BACK 01 May 2019 06 Dec 2022 Director English 1 - 126 (46.2%)
Active Mark William TAPPER 20 Nov 2017 Director British 2 - 31 (20.0%)
Resigned Chuang Hue MOH 05 Oct 2015 28 Apr 2020 Merchant Singaporean 0 - 51 (20.0%)
Resigned Michael CONROY 05 Oct 2015 14 Oct 2021 None British 0 - 102 (20.0%)
Resigned Neil Andrew CARPENTER 05 Oct 2015 01 May 2019 None British 0 - 102 (20.0%)
Resigned John HAMILL 05 Oct 2015 21 Mar 2017 None British 0 - 10 (0.0%)
Active Simon Richard PEARSON 05 Oct 2015 Management Consultant British 3 - 11 (25.0%)
Active Dean John HUGHES 05 Oct 2015 None British 3 - 22 (40.0%)
Active David HOLLAND 05 Oct 2015 None British 3 - 11 (25.0%)
Active Heath Brian ZARIN 14 Jul 2015 Finance Kittitian 1 - 00 (0.0%)
Number of active directors: 5
Average tenure of active directors: 8.1 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 22.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
C. S. ELLIS (GROUP) LIMITED (00852320) - Active
QTR TRANSPORT LIMITED (01303208) - Liquidation
PALLETFORCE LIMITED (04088035) - Active
UK FREIGHT MASTERS LIMITED (09496181) - Active
PALLETFORCE HOLDINGS LIMITED (09686165) - Active
FORCEFIELD MIDCO LIMITED (09687702) - Active - Proposal to Strike off
FORCEFIELD BIDCO LIMITED (09689385) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-07-132018-07-132017-07-132016-07-13
VISDOMINUS LIMITEDPREFERENCE SHARES7,561,905
87.9%
6,634,500
77.1%
6,634,500
77.1%
0
0%
VISDOMINUS LIMITEDA ORDINARY SHARES731,000
8.49%
731,000
8.49%
731,000
8.49%
731,000
8.51%
VISDOMINUS LIMITEDB ORDINARY SHARES224,743
2.61%
0
0%
0
0%
0
0%
INVESTEC HOLDINGS (UK) LIMITEDA ORDINARY SHARES50,000
0.581%
50,000
0.581%
50,000
0.581%
0
0%
NEIL CARPENTERB ORDINARY SHARES38,691
0.450%
38,691
0.450%
36,191
0.421%
34,000
0.396%
INVESTEC HOLDINGS (UK) LIMITEDPREFERENCE SHARES0
0%
475,000
5.52%
475,000
5.52%
0
0%
MICHAEL CONROYPREFERENCE SHARES0
0%
218,237
2.54%
218,237
2.54%
218,237
2.54%
MICHAEL CONROYB ORDINARY SHARES0
0%
139,490
1.62%
131,990
1.53%
124,000
1.44%
DEAN HUGHESPREFERENCE SHARES0
0%
83,261
0.967%
83,261
0.967%
83,261
0.969%
NEIL CARPENTERPREFERENCE SHARES0
0%
82,754
0.962%
82,754
0.962%
82,754
0.963%
DAVID HOLLANDPREFERENCE SHARES0
0%
68,153
0.792%
68,153
0.792%
68,153
0.793%
DEAN HUGHESB ORDINARY SHARES0
0%
38,691
0.450%
36,191
0.421%
34,000
0.396%
DAVID HOLLANDB ORDINARY SHARES0
0%
36,562
0.425%
34,062
0.396%
32,000
0.372%
MARK TAPPERB ORDINARY SHARES0
0%
10,000
0.116%
0
0%
0
0%
JOHN HAMILLB ORDINARY SHARES0
0%
0
0%
25,000
0.290%
25,000
0.291%
VISDETTE LIMITEDPREFERENCE SHARES0
0%
0
0%
0
0%
6,634,500
77.2%
INVESTEC BANK PLCPREFERENCE SHARES0
0%
0
0%
0
0%
475,000
5.53%
INVESTEC BANK PLCA ORDINARY SHARES0
0%
0
0%
0
0%
50,000
0.582%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2017-07-14
PALLETFORCE HOLDINGS LIMITEDORDINARY1
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PALLETFORCE HOLDINGS LIMITED

Controlled companies below

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: 64204 Activities of distribution holding companies)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
WINCANTON HOLDINGS LIMITED WINCANTON PLC, METHUEN PARK, CHIPPENHAM, WILTSHIRE, SN14 0WT 02155951 2018-03-31 1,153,200,000 15,500,000
RISOL IMPORTS LIMITED RISOL HOUSE, MERCURY WAY, URMSTON, MANCHESTER, M41 7RR 00354803 2018-01-31 193,242,000 12,324,000
CSS GROUP LIMITED UNIT 3 CROMPTON WAY, SEGENSWORTH WEST, FAREHAM, HAMPSHIRE, ENGLAND, PO15 5SS 06034018 2017-06-30 23,833,674 0
HOWGILL HOLDINGS LIMITED LYON EQUIPMENT LIMITED, UNITS 3-7 TEBAY BUSINESS PARK, OLD TEBAY, PENRITH, CUMBRIA, CA10 3SS 04897556 2018-04-30 12,644,571 0
CILDARN LIMITED UNITS 1 & 2, ROMAN PARK ROMAN WAY, COLESHILL, BIRMINGHAM, B46 1HG 06469631 2017-12-31 10,861,118 0
CROMWELL GROUP (HOLDINGS) LIMITED CHARTWELL DRIVE, P.O. BOX 14, WIGSTON, ENGLAND, LE18 1AT 01756362 2017-12-31 5,662,000 4,769,000
REED BOARDALL HOLDINGS LIMITED BAR LANE, ROECLIFFE, BOROUGHBRIDGE, NORTH YORKSHIRE, ENGLAND, YO51 9NN 05766600 2018-03-31 293,040 293,040
SEVENTY SEVEN INVEST LTD 1 PRINCETON MEWS, 167-169 LONDON ROAD, KINGSTON UPON THAMES, UNITED KINGDOM, KT2 6PT 08826187 2017-12-31 50,607 0
THE POINT LINCOLNFIELDS MANAGEMENT COMPANY LIMITED C/O SPARK ACCOUNTANTS 10 WRENS COURT, 48 VICTORIA ROAD, SUTTON COLDFIELD, WEST MIDLANDS, UNITED KINGDOM, B72 1SY 04385220 2017-12-31 36,131 0 68320-Management of real estate on a fee or contract basis
HOLMEGARTH LIMITED 82 COOPER LANE, LACEBY, GRIMSBY, LINCOLNSHIRE, ENGLAND, DN37 7AS 10167791 2018-12-31 34,010 0
IROUTE LTD 83 DUCIE STREET, MANCHESTER, M1 2JQ 08826296 2017-12-31 6,720 0
A.I.L HOLDINGS LIMITED SUITE H LEVEL 2 NO 1 BOOTH PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE, UNITED KINGDOM, WA16 8GS 12063987 0000-00-00 0 0
AVNET GROUP HOLDINGS LIMITED AVNET HOUSE RUTHERFORD CLOSE, MEADWAY, STEVENAGE, HERTFORDSHIRE, SG1 2EF 08754845 0000-00-00 0 0
AVNET HOLDINGS EUROPE LIMITED AVNET HOUSE RUTHERFORD CLOSE, MEADWAY, STEVENAGE, HERTFORDSHIRE, SG1 2EF 08755418 0000-00-00 0 0
B.M. BROWNE (UK HOLDINGS) LIMITED DCC VITAL WESTMINSTER INDUSTRIAL ESTATE, REPTON ROAD, MEASHAM, SWADLINCOTE, DERBYSHIRE, ENGLAND, DE12 7DT 02872126 0000-00-00 0 0
BRIGHTSTAR 20:20 LIMITED UNIT 2, CREWE LOGISTICS PARK, JACK MILLS WAY, SHAVINGTON, CREWE, CHESHIRE, UNITED KINGDOM, CW2 5XF 08411776 0000-00-00 0 0
CITYSPRINT (UK) HOLDINGS LIMITED C/O INTERPATH LTD, 10 FLEET PLACE, LONDON, EC4M 7RB 09987453 0000-00-00 0 0
COURIER AND PASSENGER TRANSPORT HOLDINGS LIMITED RED CENTRAL, 60 HIGH STREET, REDHILL, ENGLAND, RH1 1SH 06277898 0000-00-00 0 0
EURO EXIDE CORPORATION LIMITED MANSELL HOUSE ASPINALL CLOSE, MIDDLEBROOK HORWICH, BOLTON, BL6 6QQ 02901241 0000-00-00 0 0
GOLDSTAR TRANSPORT HOLDINGS LIMITED GOLDSTAR TRANSPORT HOLDINGS LIMITED, PARKER AVENUE, FELIXSTOWE, SUFFOLK, UNITED KINGDOM, IP11 4HF 10052752 0000-00-00 0 0
INTERNATIONAL PLYWOOD PLC UNIT 5 JAVELIN PARK, HALPERN WAY, HARESFIELD, STONEHOUSE, ENGLAND, GL10 3WT 01546036 0000-00-00 0 0 70100-Activities of head offices
IVECO HOLDINGS LIMITED CRANES FARM ROAD, BASILDON, ESSEX, SS14 3AD 00921870 0000-00-00 0 0
NEEDLERS HOLDINGS LIMITED FIFTH FLOOR, TWO PANCRAS SQUARE, LONDON, UNITED KINGDOM, N1C 4AG 06929573 0000-00-00 0 0
NEXT GROUP PLC NEXT PLC DESFORD ROAD, ENDERBY, LEICESTER, LE19 4AT 11118708 0000-00-00 0 0 64209-Activities of other holding companies not elsewhere classified
NWF DISTRIBUTION HOLDINGS LIMITED WARDLE, NANTWICH, CHESHIRE, CW5 6BP 03707824 0000-00-00 0 0
REED BOARDALL TRANSPORT (HOLDINGS) LIMITED BAR LANE, BOROUGHBRIDGE, YORK, YO51 9NN 00575278 0000-00-00 0 0
RORKE HOLDINGS LIMITED KRESTON REEVES LLP, MONTAGUE PLACE QUAYSIDE, CHATHAM MARITIME, CHATHAM, KENT, ENGLAND, ME4 4QU 04830467 0000-00-00 0 0
SEALEY (UK) LIMITED 820 THE CRESCENT, COLCHESTER BUSINESS PARK, COLCHESTER, ESSEX, CO4 9YQ 02481552 0000-00-00 0 0
SYNCREON UK HOLDINGS LIMITED UNIT 5, LOGIX ROAD, R D PARK, HINCKLEY, LEICESTERSHIRE, LE10 3BQ 07029846 0000-00-00 0 0
TENVA GROUP HOLDINGS EUROPE LIMITED C/O AZETS HOLDINGS LTD, 5TH FLOOR SHIP CANAL HOUSE, MANCHESTER, M2 4WU 08754830 0000-00-00 0 0
UNITRANS LOGISTICS (UK) LIMITED PRICEWATERHOUSECOOPERS LLP LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL 05523550 0000-00-00 0 0
UNITRANS UK LIMITED 5TH FLOOR FESTIVAL HOUSE, JESSOP AVENUE, CHELTENHAM, GLOUCESTERSHIRE, GL50 3SH 05523545 0000-00-00 0 0
WP R HOLDCO LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075900 0000-00-00 0 0
WP R MIDCO 1 LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075594 0000-00-00 0 0
WP R MIDCO 2 LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075770 0000-00-00 0 0
WYKO GROUP LIMITED ERIKS, SEVEN STARS ROAD, OLDBURY, WEST MIDLANDS, ENGLAND, B69 4JR 01125753 0000-00-00 0 0 74990-Non-trading company

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
PALLETFORCE HOLDINGS LIMITED 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
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