BARKERS ELECTRICAL (RUSTINGTON) LIMITED

20-22 WENLOCK ROAD, LONDON, N1 7GU

Company Number: 12187963
Incorporation date: 04-Sep-2019
Status: Active
Entity type: Private Limited Company

SIC codes:
47540 Retail sale of electrical household appliances in specialised stores





SUMMARY

This company is 4.6 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -118.9 thousand which has worsened since the previous year's figure of GBP -65.6 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -53.2 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 -119 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 3 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 are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-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
31-Mar-2023 GBP 2,024 120,079 227,443 21,561 100 -118,965 -118,865
31-Mar-2022 GBP 8,760 110,834 154,649 32,352 100 -65,721 -65,621
31-Mar-2021 GBP 64,968 160,876 125,278 42,094 100 4,980 5,080
29-Sep-2020 GBP 104,258 194,534 155,254 46,857 100 4,151 4,251

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 Alan Michael FOSTER 05 Sep 2019 18 Apr 2024 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Alan Michael FOSTER 03 Oct 2019 Accountant British 3 - 31 (16.7%)
Active David STANBRIDGE 04 Sep 2019 Company Director British 4 - 63 (30.0%)
Active Adrian Robert PERKINS 04 Sep 2019 Company Director British 1 - 11 (50.0%)
Number of active directors: 3
Average tenure of active directors: 4.6 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 32.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
OWEN ELECTRICAL LIMITED (01888720) - Liquidation
R. BARKER (TARRING) LIMITED (03719594) - Active
POLYRECYCLE LIMITED (06250960) - Active
STANBRIDGE INVESTMENT LIMITED (06476753) - Dissolved
TREETOP INVESTMENT LIMITED (06476789) - Active
PANA STORE BRIGHTON LIMITED (07389470) - Dissolved
WORTHING THUNDER CIC (07814585) - Active
ASSOCIATIVE DATA SERVICES LIMITED (11842685) - Active
BARKERS ELECTRICAL (RUSTINGTON) LIMITED (12187963) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

BARKERS ELECTRICAL (RUSTINGTON) 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: 47540 Retail sale of electrical household appliances in specialised stores)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DSG RETAIL LIMITED 1 PORTAL WAY, LONDON, W3 6RS 00504877 2018-04-28 4,344,000,000 132,400,000
GAME RETAIL LIMITED UNITY HOUSE, TELFORD ROAD, BASINGSTOKE, HAMPSHIRE, RG21 6YJ 07837246 2018-07-28 478,242,000 -12,044,000
BRIGHTHOUSE LIMITED 5 HERCULES WAY, LEAVESDEN, WATFORD, WD25 7GS 06073794 2018-03-31 284,711,000 -27,749,000 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
64910-Financial leasing
CAVERSHAM FINANCE LIMITED 11TH FLOOR, LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB 00785922 2018-03-31 279,692,000 -26,357,000 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
64910-Financial leasing
NESPRESSO UK LTD NESPRESSO UK LTD, HAXBY ROAD, YORK, ENGLAND, YO31 8TA 00156925 2017-12-31 198,792,000 6,371,000
HUGHES ELECTRICAL LIMITED HUGHES ELECTRICAL, MOBBS WAY, GORLESTON ROAD INDUSTRIAL ESTATE, GORLESTON ROAD, LOWESTOFT SUFFOLK, NR32 3AL 00406069 2018-03-31 129,369,739 2,612,807 70100-Activities of head offices
77299-Renting and leasing of other personal and household goods
HUGHES TV AND AUDIO LIMITED HUGHES, MOBBS WAY, GORLESTON ROAD INDUSTRIAL ESTATE, LOWESTOFT, SUFFOLK, NR32 3AL 00695682 2018-03-31 123,061,787 12,577,154 77299-Renting and leasing of other personal and household goods
JOHN GILLMAN & SONS (ELECTRICAL) LIMITED DOMESTIC APPLIANCE DISTRIBUTORS HENRY JOHN HOUSE, NORTHWAY LANE, ASHCHURCH, TEWKESBURY, GLOUCESTERSHIRE, UNITED KINGDOM, GL20 8JH 01670406 2017-12-31 81,146,518 0
EURO-PRO EUROPE LIMITED 1ST/2ND FLOOR BUILDING 3150, THORPE PARK, CENTURY WAY, LEEDS, ENGLAND, LS15 8ZB 08492819 2017-12-31 58,663,447 -91,660
CAVERSHAM TRADING LIMITED 11TH FLOOR, LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB 05396147 2018-03-31 53,519,000 -1,209,000 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
HAMPDEN GROUP LIMITED 21 ARTHUR STREET, BELFAST, NORTHERN IRELAND, BT1 4GA NI011639 2017-02-28 44,614,000 5,445,000 70100-Activities of head offices
MARK'S ELECTRICAL LIMITED 4 BOSTON ROAD, LEICESTER, ENGLAND, LE4 1AU 04463433 2018-03-31 30,547,880 0
TVA TECHNOLOGY LIMITED 27 THE BROADWAY, DARKES LANE, POTTERS BAR, HERTFORDSHIRE, ENGLAND, EN6 2HX 09683249 2017-07-31 2,619,848 0
T.E.J. DOMESTIC APPLIANCES LIMITED 128-130 HIGH STEET, HORNCHURCH, ESSEX, RM12 4UH 01850534 2018-03-31 996,193 0
L.PATMORE LIMITED 47 LONDON ROAD, SEVENOAKS, KENT, UNITED KINGDOM, TN13 1AR 00638322 2018-09-30 739,190 0
M J PIPE LIMITED THE OLD POST COTTAGE, TOP GREEN, DENSTON, NEWMARKET, SUFFOLK, CB8 8PW 03522253 2019-03-31 641,862 0
GASLEC NORTHERN LIMITED UNIT A16 CHAMPIONS BUSINESS PARK ARROWE BROOK ROAD, UPTON, WIRRAL, UNITED KINGDOM, CH49 0AB 04846049 2018-08-31 372,980 0
KENT DOMESTIC APPLIANCES LIMITED TREE HOUSE, HEUSDEN WAY, GERRARDS CROSS, ENGLAND, SL9 7BD 08800487 2018-12-31 106,780 0
ALTERNATIVE LIGHTING SOLUTIONS LTD 90 ROYAL DRIVE, FULWOOD, PRESTON, LANCASHIRE, PR2 3AX 08054502 2018-03-31 67,012 0
T.V.R. ELECTRICS LIMITED STERLING HOUSE FULBOURNE ROAD, WALTHAMSTOW, LONDON, E17 4EE 03164710 2018-09-17 59,804 0 95220-Repair of household appliances and home and garden equipment
BARGAIN OFFERS LTD UNIT 1 ELY ROAD, WATERBEACH, CAMBRIDGE, ENGLAND, CB25 9PG 09672727 2017-08-31 45,230 0 95220-Repair of household appliances and home and garden equipment
FINECARE UK LIMITED 176 MANSELL ROAD, GREENFORD, UB6 9EH 06600130 2017-05-31 20,823 0
MRG SUPPLIES LIMITED 219A ROCHDALE ROAD ROCHDALE ROAD, GREETLAND, HALIFAX, WEST YORLSHIRE, UNITED KINGDOM, HX4 8JE 10980814 2018-09-30 4,837 0 47749-Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified
47910-Retail sale via mail order houses or via Internet
VICTORIA BUSINESS LIMITED 4 TROJAN MEWS, HARTFIELD ROAD, WIMBLEDON, LONDON, UK, SW19 3TW 09660086 2018-06-30 0 0 47710-Retail sale of clothing in specialised stores
47770-Retail sale of watches and jewellery in specialised stores
79110-Travel agency activities

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
BARKERS ELECTRICAL (RUSTINGTON) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.6% 3.9% 8.8% Medium
Age 0.7% 3.7% 7.0% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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