SYSTEM 3 LIMITED

DENTON HALL FARM ROAD, DENTON, MANCHESTER, M34 2SY

Previous name: SYSTEM 3 GLASS LIMITED (changed on 24-Apr-2016)

Company Number: 09844806
Incorporation date: 27-Oct-2015
Status: Active
Entity type: Private Limited Company

SIC codes:
23120 Shaping and processing of flat glass





SUMMARY

This company is 8.4 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 9.3 million which has increased from GBP 7.9 million in the previous year. The latest reported revenue figure is GBP 28.3 million which is up 20% on previous year's figure of GBP 23.7 million. The company has 2 active officers (directors or partners) who are or were officers of 8 other companies, 2 (25.0%) 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 is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 28,318,790 4,660,792 656 94,372 1,175,898 3,391,178
31-Dec-2021 GBP 23,660,143 3,778,275 1,980 28,392 834,846 2,917,106
31-Dec-2020 GBP 19,628,828 3,297,659 19,911 156,777 3,160,703
31-Dec-2019 GBP 20,971,946 1,941,555 340,000 288,573 1,312,982
31-Dec-2018 GBP 19,961,557 1,844,682 353,939 278,094 1,212,649
31-Dec-2017 GBP 18,850,178 2,268,914 319,205 313,154 1,636,555
31-Dec-2016 GBP 13,646,725 1,690,209 10,547,889 -277,288 12,391,198


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 3,562,512 8,885,745 5,288,825 275,192 9,016,119 9,291,311
31-Dec-2021 GBP 3,780,083 8,405,923 2,536,586 275,192 7,624,941 7,900,133
31-Dec-2020 GBP 2,890,872 7,677,484 3,353,525 275,192 4,707,835 4,983,027
31-Dec-2019 GBP 1,419,942 5,680,455 2,637,186 326,764 275,192 16,535,132 16,810,324
31-Dec-2018 GBP 1,344,270 6,068,899 3,946,803 581,724 275,192 15,234,150 15,509,342
31-Dec-2017 GBP 34,530 3,640,174 2,288,639 845,885 275,192 14,021,501 14,296,693
31-Dec-2016 GBP 502,445 4,421,775 4,815,054 36,868 275,192 12,384,946 12,660,138

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)
Active Michael BROWN 27 Oct 2015 29 Mar 2024 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Allan BROWN 27 Oct 2015 Company Director British 6 - 43 (30.0%)
Active Michael BROWN 27 Oct 2015 Company Director British 7 - 64 (30.8%)
Number of active directors: 2
Average tenure of active directors: 8.4 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 30.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SYSTEM 3 FINANCE LIMITED (02324887) - Active
DREWMEX LIMITED (05260907) - Dissolved
CHATHAM PLACE (LIVERPOOL) LIMITED (05900410) - Dissolved
LADYBARN RESIDENTS COMPANY LIMITED (05966807) - Active
CARMELL COURT LIMITED (07901315) - Dissolved
SYSTEM 3 INVESTMENTS LIMITED (08074573) - Active
SYSTEM 3 LIMITED (09844806) - Active
SYSTEM 3 HOLDINGS LIMITED (09844808) - Active
ABMB HOLDINGS LIMITED (12329225) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-10-262016-10-26
ABMB HOLDINGS LIMITEDORDINARY274,506
99.8%
0
0%
ABMB HOLDINGS LIMITEDORDINARY NONVOTING686
0.249%
0
0%
ALLAN BROWNORDINARY0
0%
137,253
49.9%
MICHAEL BROWNORDINARY0
0%
137,253
49.9%
MICHAEL BROWNORDINARY NONVOTING0
0%
241
0.088%
ALLAN BROWNORDINARY NONVOTING0
0%
241
0.088%
ASHLEY JAMES BROWNORDINARY NONVOTING0
0%
34
0.012%
BRADLEY BROWNORDINARY NONVOTING0
0%
34
0.012%
CHERYL BROWNORDINARY NONVOTING0
0%
34
0.012%
CHARLOTTE BROWNORDINARY NONVOTING0
0%
34
0.012%
JESSICA BROWNORDINARY NONVOTING0
0%
34
0.012%
SARAH BROWNORDINARY NONVOTING0
0%
34
0.012%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SYSTEM 3 LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


Date Title Reference Subject
2017-05-19 Mr S Mainwaring v System 3 Ltd: [2017] UKET 2400985/2017 Breach of Contract : Unfair Dismissal

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 23120 Shaping and processing of flat glass)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SAINT-GOBAIN GLASS (UNITED KINGDOM) LIMITED SAINT-GOBAIN HOUSE EAST LEAKE, LOUGHBOROUGH, LEICESTERSHIRE, UNITED KINGDOM, LE12 6JU 02442570 2017-12-31 190,698,000 -17,921,000 43341-Painting
82990-Other business support service activities not elsewhere classified
SYSTEM 3 LIMITED DENTON HALL FARM ROAD, DENTON, MANCHESTER, UNITED KINGDOM, M34 2SY 09844806 2017-12-31 18,850,178 0
KWIKTUF LIMITED 264 WINCOLMLEE, HULL, HU2 0PZ 04955173 2017-12-31 8,348,198 0
F A FIRMAN (HAROLD WOOD) LIMITED 19 BATES ROAD, HAROLD WOOD, ROMFORD, ESSEX, RM3 0JH 00669540 2017-08-31 6,727,764 0
FENTON GLASS & GLAZING LIMITED THE OLD CINEMA MANOR STREET, FENTON, STOKE-ON-TRENT, STAFFS, ST4 2PT 01639073 2017-07-31 51,626 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
SYSTEM 3 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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