IPRO SPORT INTERNATIONAL LIMITED

SUITE E2, 2ND FLOOR THE OCTAGON, MIDDLEBOROUGH, COLCHESTER, ESSEX, CO1 1TG

Company Number: 10232496
Incorporation date: 15-Jun-2016
Status: Active
Entity type: Private Limited Company

SIC codes:
46341 Wholesale of fruit and vegetable juices, mineral water and soft drinks





SUMMARY

This company is 7.8 years old and is currently active. It is controlled by Tom Garrad. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -631.9 thousand which has worsened since the previous year's figure of GBP 361.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -993.7 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -631.9 thousand), 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 3 active officers (directors or partners) who are or were officers of 28 other companies, 6 (21.4%) of which have since been dissolved or are proposed for strike off. The company has2 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: 31-Mar-2024
Accounts Filed: TOTAL EXEMPTION FULL (30-Jun-2022)


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
30-Jun-2022 GBP 12,053 1,253,785 1,856,999 31,002 1 -631,903 -631,902
30-Jun-2021 GBP 11,401 1,800,178 1,400,217 39,622 1 361,806 361,807
30-Jun-2020 GBP 42,683 918,185 296,121 50,000 1 614,484 614,485
30-Jun-2019 GBP 253 1,239,964 727,718 1 559,969 559,970
30-Jun-2018 GBP 884,610 221,072 31,237 1 686,648 686,649
30-Jun-2017 GBP 662,306 60,909 1 601,396 601,397

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

Date Filed Currency Value Allegation Source
2019-08-29EUR110,143Non delivery of Goodsdisputesregister.org/dispute/details/gb-ipro-sport-international-ltd/1234-non-delivery-of-goods
2019-10-21GBP125,000Non delivery of Goodsdisputesregister.org/dispute/details/gb-ipro-sport-international-ltd/1236-non-delivery-of-goods

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Thomas Edward GARRAD 29 Nov 2021 Company Director British 8 - 116 (31.6%)
Active Jaswinder Singh GANDHUM 25 Jun 2019 Director British 8 - 115 (26.3%)
Resigned Paul GARRAD 16 Feb 2018 16 Feb 2018 Options Broker British 0 - 10 (0.0%)
Resigned Derek David LLAMBIAS 29 Mar 2017 17 Feb 2019 Ceo British 0 - 41 (25.0%)
Active Sophie Louise CHRISTY 27 Feb 2017 Commercial Director British 5 - 31 (12.5%)
Resigned David James ADAMS 27 Feb 2017 29 Mar 2017 Sales Director British 0 - 83 (37.5%)
Resigned Thomas Edward GARRAD 15 Jun 2016 27 Feb 2017 Director British 8 - 116 (31.6%)
Number of active directors: 3
Average tenure of active directors: 4.7 years
Average tenure of resigned directors: 0.7 years
Average active director Dissolution Rate: 23.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DUFLON EUROPE LIMITED (02596931) - Active
BERTARRAD LIMITED (03617915) - Active
E-CAREERS LIMITED (04561709) - Active
MILTECH LIMITED (06518062) - Active
E-CAREERS EDUCATION LIMITED (07609544) - Active
S&T FUTURE LIMITED (07951783) - Dissolved
VIZUAL HYPNOSIS LTD. (08123243) - Active
HEALTHY HYDRATION LIMITED (08503607) - Active - Proposal to Strike off
FORUM FOR SUSTAINABLE NEW VENTURE (08968575) - Active
SPORTS DRINKS LIMITED (09120434) - Liquidation
IPRO SPORT DISTRIBUTION LTD (09501344) - Voluntary Arrangement
SIMETRAL LIMITED (09612772) - Active
E-CAREERS LOGIC LIMITED (09697529) - Active
MH DRINKS LIMITED (09931610) - Active - Proposal to Strike off
IPRO SPORT HOLDINGS LIMITED (09933310) - Active
QUENCH FACTORY LIMITED (10187092) - Active
IPRO SPORT INTERNATIONAL LIMITED (10232496) - Active
IPRO SPORT SPONSORSHIP LIMITED (10254326) - Active
IPRO SPORT CORPORATION LIMITED (10326801) - Active
IPRO SPORT MEDICAL LIMITED (10384351) - Active
IPRO SPORT PROTEIN LIMITED (10418716) - Active
COURSE LIBRARY LIMITED (10456765) - Active
CLICKTIME AGENCY LIMITED (11375187) - Dissolved
PAN MARKETING LIMITED (11486539) - Active
FLYHAWK LTD (12921270) - Active
TASTY TREATS MAYFAIR LTD (13813969) - Active - Proposal to Strike off
INDUL LTD (14527798) - Active
PAN COFFEE LIMITED (14585145) - Active
PAN T & W LTD (14873742) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES


    • Significant influence or control:Tom Garrad - active

    Controlling entities above

    IPRO SPORT INTERNATIONAL 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


    No Court Cases found

    PATENTS


    No Patents found

    COMPETITORS

    (Based on Sic code: 46341 Wholesale of fruit and vegetable juices, mineral water and soft drinks)

    Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
    RED BULL COMPANY LIMITED SEVEN DIALS WAREHOUSE SEVEN DIALS WAREHOUSE, 42-56 EARLHAM STREET, LONDON, ENGLAND, WC2H 9LA 02790349 2017-12-31 271,789,000 18,493,000
    BURLINGTOWN UK LIMITED 3RD FLOOR, 25 PARK LANE, LONDON, W1K 1RA 06424232 2017-12-31 137,695,000 105,602,000 64209-Activities of other holding companies not elsewhere classified
    MM GLOBAL CITRUS LIMITED THE FRESH PRODUCE CENTRE, TRANSFESA ROAD, PADDOCK WOOD, KENT, UNITED KINGDOM 06005257 2017-04-28 71,977,000 400,000
    MANCHESTER DRINKS COMPANY LTD SUITE 30, IMPERIAL HOUSE, 79-81 HORNBY STREET, BURY, LANCASHIRE, UNITED KINGDOM, BL9 5BN 05475848 2017-06-30 13,087,953 0 46342-Wholesale of wine, beer, spirits and other alcoholic beverages
    TFC WHOLESALE LTD UNIT G200 QUEENSWAY NORTH, TEAM VALLEY TRADING ESTATE, GATESHEAD, ENGLAND, NE11 0NY 05647505 2017-12-31 1,204,975 0 46342-Wholesale of wine, beer, spirits and other alcoholic beverages
    BRISTOL SPIRITS LIMITED THE OLD DAIRY WESTON ROAD, FAILAND, BRISTOL, ENGLAND, BS8 3US 02798803 2017-08-31 604,353 0
    ORBIT FOOD LTD UNIT 1, POOL STREET, WOLVERHAMPTON, ENGLAND, WV2 4HN 10432503 2018-09-30 341,518 0 46390-Non-specialised wholesale of food, beverages and tobacco
    BRIGHTON BREW CO LTD 14 HOVE PARK ROAD, HOVE, EAST SUSSEX, UNITED KINGDOM, BN3 6LA 09812905 2017-10-31 105,229 0 46342-Wholesale of wine, beer, spirits and other alcoholic beverages
    MELESS GROUP LIMITED 8 EASTMEAD AVENUE, GREENFORD, ENGLAND, UB6 9RA 04515834 2017-07-31 52,584 0 46342-Wholesale of wine, beer, spirits and other alcoholic beverages
    46720-Wholesale of metals and metal ores
    47990-Other retail sale not in stores, stalls or markets
    ORGANIC VILLAGE LIMITED 89A, TEIGNMOUTH ROAD, LONDON, GREATER LONDON, NW2 4EA 06145016 2018-03-31 43,101 0 46360-Wholesale of sugar and chocolate and sugar confectionery
    DEBBIE AND VENKY LTD 3 CLANFIELD HOUSE, PERCY CHANDLER STREET, PORTSMOUTH, HAMPSHIRE, PO1 4DP 08376696 2019-01-31 12,475 0 56290-Other food services
    COORAY KING HOLDINGS LIMITED LEVEL 3, 207 REGENT STREET, LONDON, UNITED KINGDOM, W1B 3HH 10386853 2018-09-30 7,500 0 46410-Wholesale of textiles
    46420-Wholesale of clothing and footwear
    70229-Management consultancy activities other than financial management
    QUICKLEMON UK LTD 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU 10404110 2017-12-31 0 0 82990-Other business support service activities not elsewhere classified
    RSA NETWORKS LIMITED C/O PURNELLS, 5A KERNICK INDUSTRIAL ESTATE, PENRYN, CORNWALL, TR10 9EP 07599891 2018-06-30 0 0
    WASCO (UK) LIMITED BANK HOUSE, 81 ST JUDES ROAD, ENGLEFIELD GREEN, TW20 0DF 08675685 2017-09-30 0 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
    IPRO SPORT INTERNATIONAL LIMITED 0.7% 3.8% 7.1% Medium
    Other companies Active in the same sector 2.8% 7.9% 14.9% Medium
    Age 0.6% 2.5% 4.9% Medium
    Company Type 0.7% 3.7% 7.4% Medium
    Accounts category 0.5% 2.1% 4.2% Medium
    Accounting Month 0.7% 5.7% 7.5% Medium
    Sic code count 0.7% 3.5% 7.0% Medium
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