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SYSTEM 3 LIMITED
DENTON HALL FARM ROAD, DENTON, MANCHESTER, M34 2SYPrevious 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-2024Accounts 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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 4 | 3 (30.0%) | |
Active | Michael BROWN | 27 Oct 2015 | Company Director | British | 7 - 6 | 4 (30.8%) |
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 | |
---|---|---|---|
2020-10-26 | 2016-10-26 | ||
ABMB HOLDINGS LIMITED | ORDINARY | 274,506 99.8% | 0 0% |
ABMB HOLDINGS LIMITED | ORDINARY NONVOTING | 686 0.249% | 0 0% |
ALLAN BROWN | ORDINARY | 0 0% | 137,253 49.9% |
MICHAEL BROWN | ORDINARY | 0 0% | 137,253 49.9% |
MICHAEL BROWN | ORDINARY NONVOTING | 0 0% | 241 0.088% |
ALLAN BROWN | ORDINARY NONVOTING | 0 0% | 241 0.088% |
ASHLEY JAMES BROWN | ORDINARY NONVOTING | 0 0% | 34 0.012% |
BRADLEY BROWN | ORDINARY NONVOTING | 0 0% | 34 0.012% |
CHERYL BROWN | ORDINARY NONVOTING | 0 0% | 34 0.012% |
CHARLOTTE BROWN | ORDINARY NONVOTING | 0 0% | 34 0.012% |
JESSICA BROWN | ORDINARY NONVOTING | 0 0% | 34 0.012% |
SARAH BROWN | ORDINARY NONVOTING | 0 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 |