MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE LIMITED

40/48 AIRPORT ROAD WEST, SYDENHAM, BELFAST, BT3 9ED

Previous name: MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) LIMITED (changed on 12-Feb-2014)
Previous name: V.H.S. DISTRIBUTION LTD (changed on 28-Oct-2010)

Company Number: NI022579
Incorporation date: 14-Apr-1989
Status: Active
Entity type: Private Limited Company

SIC codes:
47630 Retail sale of music and video recordings in specialised stores
47990 Other retail sale not in stores, stalls or markets




SUMMARY

This company is 35 years old and is currently active. It is controlled by Dcc Technology Ltd. The company has negative equity (net assets) of GBP -3.5 million which has worsened since the previous year's figure of GBP -3.4 million. 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 -3.5 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 3 active officers (directors or partners) who are or were officers of 96 other companies, 35 (36.5%) 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: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2020 GBP -13,612 127,700 24,800 -116,512
31-Mar-2019 GBP -9,875 124,577 23,000 -111,452
31-Mar-2018 GBP 38,072 114,334 -33,510 -109,772


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 313,792 3,452,467 6,999,565 100 -3,547,298 -3,547,198
31-Mar-2019 GBP 391,318 3,355,213 6,785,899 100 -3,430,786 -3,430,686
31-Mar-2018 GBP 2,740,464 5,456,378 8,775,612 100 -3,319,334 -3,319,234

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)
Resigned Steven James TOWNSLEY 31 Oct 2014 30 Apr 2015 0 - 1
Resigned Mairead FAUGHEY 07 May 2010 31 Oct 2014 0 - 1
Resigned Jim MORGAN 30 Sep 2005 31 Mar 2014 0 - 8
Resigned Ian Gerrard LOUGHRAN 14 Apr 1989 30 Sep 2005 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Richard John HINDS 16 Aug 2021 19 Aug 2022 Director British 2 - 103 (25.0%)
Active Leslie Robert DEACON 30 Apr 2020 Director Irish 22 - 5533 (42.9%)
Active Paul William BRYAN 31 Jan 2020 Director British 28 - 1413 (31.0%)
Active Timothy David GRIFFIN 30 Jun 2018 Company Director British 23 - 178 (20.0%)
Resigned Stephen CASEY 28 Sep 2016 30 Apr 2020 Director Irish 0 - 10 (0.0%)
Resigned Gerard Patrick O'KEEFFE 01 Apr 2014 31 Jan 2020 Company Director Irish 1 - 6523 (34.8%)
Resigned Kevin LUCEY 01 Oct 2010 09 Apr 2015 Chartered Accountant Irish 0 - 62 (33.3%)
Resigned Lombard SHANE 01 Oct 2010 10 Oct 2012 Accountant Irish 0 - 10 (0.0%)
Resigned Robert MCGROGGAN 15 May 2008 30 Apr 2010 Director Uk 0 - 10 (0.0%)
Resigned Liam Martin DORRIAN 15 May 2008 19 Feb 2010 Accountant Uk 1 - 21 (33.3%)
Resigned Conor Joseph MURPHY 25 Sep 2006 27 Sep 2010 Chartered Accountant Irish 2 - 261 (3.6%)
Resigned Conor Joseph MURPHY 25 Sep 2006 27 Sep 2010 Chartered Accountant Irish 0 - 251 (4.0%)
Resigned Donal MURPHY 21 Jul 2005 25 Sep 2006 Director Irish 0 - 988 (8.2%)
Resigned Niall David ENNIS 21 Jul 2005 30 Jun 2018 Company Director Irish 0 - 345 (14.7%)
Resigned Nicholas Joseph FURLONG 14 Apr 1989 21 Jun 2008 Director Irish 0 - 10 (0.0%)
Resigned Norman LYONS 14 Apr 1989 30 Oct 2003 Director Irish 0 - 10 (0.0%)
Resigned Jim MORGAN 14 Apr 1989 31 Mar 2014 Director Irish 0 - 80 (0.0%)
Number of active directors: 3
Average tenure of active directors: 4.6 years
Average tenure of resigned directors: 7.3 years
Average active director Dissolution Rate: 31.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
EXERTIS COMPUTER SUPPLIES LTD (01354638) - Active - Proposal to Strike off
EXERTIS (UK) LTD (01511931) - Active
MICRO P LTD (01589815) - Active
GEM DISTRIBUTION LIMITED (01858771) - Active
PREESTYLE COMPUTER SUPPLIES LIMITED (01892514) - Dissolved
FORTH MEDICAL LIMITED (01994307) - Active - Proposal to Strike off
OPD CARTONS LIMITED (01994709) - Dissolved
DCC TECHNOLOGY LIMITED (02015491) - Active
DELL CORPORATION LIMITED (02081369) - Active
JANSON COMPUTERS LIMITED (02157638) - Active
OPD GENERICS LIMITED (02188069) - Dissolved
PREMIER PHARMACEUTICALS LIMITED (02188073) - Dissolved
GU MEDICAL LIMITED (02289145) - Dissolved
MICRO PERIPHERALS LTD (02305910) - Active
EXERTIS (HOLDINGS) LTD (02379449) - Active
ADVENT DATA LTD (02528663) - Active - Proposal to Strike off
AGP DISTRIBUTION LIMITED (02561301) - Active - Proposal to Strike off
MEDIUM (U.K.) LTD (02635341) - Active - Proposal to Strike off
EXERTIS HAMMER LIMITED (02640532) - Active
FANNIN (UK) LIMITED (02663514) - Active
POLYFARMA LIMITED (02726466) - Active
BORD NA MONA ENVIRONMENTAL PRODUCTS UK LIMITED (02788583) - Active
B.M. BROWNE (UK HOLDINGS) LIMITED (02872126) - Active
JANSON TECHNOLOGY LIMITED (02888011) - Active - Proposal to Strike off
DORMANT WMS 3 LIMITED (02891374) - Active - Proposal to Strike off
MIDDLESERIES LIMITED (02942709) - Active
ESPINER MEDICAL LIMITED (02962559) - Active
SQUADRON MEDICAL LIMITED (03081982) - Active
DIGITAL TOOLBOX LIMITED (03218706) - Active
HYPERTEC LIMITED (03258927) - Active
V2 ELECTRONICS LIMITED (03295088) - Active - Proposal to Strike off
EXERTIS CONTINENTAL EUROPE HOLDINGS LIMITED (03341568) - Active
KENT PHARMACEUTICALS LIMITED (03371228) - Active
THE WELSH RUGBY UNION LIMITED (03419514) - Active
BROWNES DIAGNOSTICS LIMITED (03459013) - Dissolved
HAMMER GROUP LIMITED (03829646) - Active
TRANSACTION ONE LIMITED (03892751) - Active - Proposal to Strike off
KONDOR LIMITED (03948290) - Active
BEACON PHARMACEUTICALS LIMITED (03953215) - Active
XION (UK) LIMITED (04065958) - Dissolved
NORTHSTAR ORTHOPAEDICS LTD (04130342) - Dissolved
SCOTTISH FUELS LIMITED (04130805) - Active
PULSE SURGICAL LIMITED (04151162) - Dissolved
SIRACOM LTD. (04285452) - Active - Proposal to Strike off
FANNIN HEALTHCARE (UK) LIMITED (04430642) - Dissolved
LEONHARD LANG (UK) LTD (04466836) - Active
ASHMEDE LIMITED (04521404) - Active - Proposal to Strike off
KENT PHARMA HOLDINGS LIMITED (04787593) - Active
MICRO-P STOKE LIMITED (04991487) - Active - Proposal to Strike off
OZMO ENTERTAINMENT LIMITED (05010024) - Active
HAMMER CONSOLIDATED HOLDINGS LTD (05301368) - Active
STAMPEDE GLOBAL UK LIMITED (05341872) - Active
ODYSSEUS HOLDINGS LIMITED (05646271) - Active - Proposal to Strike off
COHORT TECHNOLOGY LIMITED (06027516) - Dissolved
MICRO P MOBILE LIMITED (06493266) - Active
HOSPINER PARTNERSHIP LIMITED (06496105) - Active
FANNIN MEDICAL DEVICES (UK) LIMITED (06516272) - Active - Proposal to Strike off
EXERTIS ADVENT LTD (07199871) - Active - Proposal to Strike off
ANTIBIOTICS R US LIMITED (07241707) - Dissolved
KOMPLEAT LIMITED (07241729) - Dissolved
VIRAKLEEN LIMITED (07241750) - Dissolved
BACTIKLEEN LIMITED (07242588) - Dissolved
KOMPLEAT PHARMACEUTICALS LIMITED (07266886) - Dissolved
BLUE DIAMOND SURGERY SUPPLIES LIMITED (07505953) - Active
MALLEUS LIMITED (07763201) - Active - Proposal to Strike off
MTR GROUP LIMITED (07839241) - Active
OMS GROUP LIMITED (07863369) - Active
EXERTIS MICRO P LIMITED (07878255) - Active
R J SURGERY SUPPLIES LIMITED (07948651) - Active
ESUPPLIES LIMITED (08254355) - Active
EXERTIS GEM LIMITED (08737604) - Active
STAMPEDE GLOBAL EUROPE LIMITED (08849341) - Active
KONDOR HOLDCO LIMITED (08878107) - Active
KONDOR MIDCO LIMITED (08880019) - Active
KONDOR BIDCO LIMITED (08881850) - Active
4GADGETS LIMITED (09591425) - Active
MTR GROUP HOLDING LIMITED (10326073) - Active
FONEWIZARD EUROPE LTD (10498970) - Active
DRAGONS RFC LIMITED (10772279) - Active
DRAGONS STADIUM LIMITED (10774494) - Active
DRAGONS RUGBY LIMITED (10774997) - Active
JUST LAMPS LIMITED (10958897) - Active
TG-XL. LIMITED (11037060) - Active
EPITAFFE LIMITED (11232787) - Dissolved
EXERTIS HOLDINGS (NORTH AMERICA) LIMITED (11427273) - Active
VACSAX LIMITED (12075520) - Active
FANNIN HOSPITAL ENTERPRISES LIMITED (NI014891) - Dissolved
FANNIN (NI) LIMITED (NI021850) - Active
MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE LIMITED (NI022579) - Active
SENDIT.COM LIMITED (NI027136) - Active
TECHNOPHARM (N.I.) LIMITED (NI030893) - Dissolved
ENDOSCOPIC SYSTEMS (IRL) LTD (NI038209) - Dissolved
BLACKSTAR ASSOCIATES LIMITED (NI041111) - Active
SEND IT LIMITED (NI049704) - Active
MEDISOURCE (N.I.) LIMITED (NI070361) - Active
EXERTIS MSE LIMITED (NI621091) - Active
THE TPS HEALTHCARE GROUP LIMITED (SC093741) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-08-072014-08-072013-08-072012-08-07
MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) LIMITEDORDINARY100
100%
100
100%
100
100%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE 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: 47630 Retail sale of music and video recordings in specialised stores)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HMV RETAIL LIMITED 10 FLEET PLACE, LONDON, EC4M 7RB 08380689 2017-12-30 277,215,000 -8,772,000
HI-TECH MUSIC LTD 89 SHIRELAND ROAD, SMETHWICK, B66 4QJ 06531691 2018-03-31 370,077 0
AUDIOTEKNIK LTD 9 HARCOURT CLOSE, ISLEWORTH, LONDON, TW7 6DD 08641384 2018-08-31 46,338 0
COM ENTERTAINMENT LTD 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU 07744794 2018-08-31 37,590 0 47910-Retail sale via mail order houses or via Internet
47990-Other retail sale not in stores, stalls or markets
90010-Performing arts
HI-TECH PUBLISHING LTD 89 SHIRELAND ROAD, SMETHWICK, W. MIDLANDS, B66 4QJ 06567612 2018-03-31 33,743 0
FITNESS 4X4 LIMITED STUDIO ONE, 32 VIOLET AVENUE, UXBRIDGE, MIDDLESEX, ENGLAND, UB8 3PR 07016483 2018-10-31 27,915 0 85510-Sports and recreation education
86900-Other human health activities
93199-Other sports activities
DISTRIJAZZ UK LIMITED GROUND FLOOR, 123 PALL MALL, LONDON, ENGLAND, SW1Y 5EA 10715738 2018-04-30 21,129 0
SORETHUMBZ LIMITED LYTCHETT HOUSE, UNIT 13 FREELAND PARK, WAREHAM ROAD, POOLE, DORSET, ENGLAND, BH16 6FA 09933825 2018-01-31 19,787 0
MUSIC MEDIA INTERNATIONAL LTD UNIT 16 HALLMARK TRADING ESTATE, FOURTH WAY, WEMBLEY, MIDDLESEX, HA9 0LB 04912007 2018-06-30 13,401 0
BACK TO THE GARDEN RECORDS LTD THE BANNUTS BROADHEMPSTON, TOTNES, DEVON, UNITED KINGDOM, TQ9 6BD 09548423 2018-04-30 7,600 0
SLIM'S RECORDS LIMITED 111 SALISBURY ROAD, BARNET, ENGLAND, EN5 4JL 08564423 2018-06-30 6,107 0
BADE RECORDS LIMITED 16 NAPIER AVENUE, FULHAM, LONDON, SW6 3PT 08791955 2018-11-30 5,709 0 59200-Sound recording and music publishing activities
90030-Artistic creation
93290-Other amusement and recreation activities not elsewhere classified
THRIVE MUSIC LIMITED 1ST FLOOR SOUTH DOWN HOUSE, STATION ROAD, PETERSFIELD, HAMPSHIRE, GU32 3ET 07220673 2018-04-30 2,237 0
DIGITAL MUSIC ARCHIVES LIMITED 16 OLD MANOR CLOSE, ASHBURTON, NEWTON ABBOT, DEVON, ENGLAND, TQ13 7JF 03419220 2018-08-31 1,299 0
KAFANKO LTD 71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ 10487057 2018-11-30 300 0 47910-Retail sale via mail order houses or via Internet
59200-Sound recording and music publishing activities
90030-Artistic creation
INTOXICA LTD 97 CRESSFIELD CLOSE, LONDON, NW5 4BN 05633496 2018-11-30 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
MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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