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ADCO DISTRIBUTORS (NI) LIMITED
TAVANAGH INDUSTRIAL ESTATE 130 CHURCH STREET, PORTADOWN, CRAIGAVON, CO ARMAGH, BT62 3EGPrevious name: ADCO DISTRIBUTION (N.I.) LIMITED (changed on 11-Oct-2011)
Previous name: ALMAC (NO.2) LIMITED (changed on 10-Oct-2011)
Company Number: NI609016
Incorporation date: 15-Sep-2011
Status: Active
Entity type: Private Limited Company
SIC codes:
22110 Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
SUMMARY
This company is 12.6 years old and is currently active. It is controlled by Mrs Evelyn Joan Kerr. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 294.3 thousand which has increased from GBP 256.5 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 37.8 thousand in the last reported period. The company has 2 active officers (directors or partners) who are or were officers of 2 other companies. 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: 30-Sep-2024Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2022 | GBP | 299,964 | 483,447 | 205,285 | 24,167 | 2 | 294,299 | 294,301 | |
| 31-Dec-2021 | GBP | 321,288 | 483,550 | 236,398 | 34,167 | 2 | 256,530 | 256,532 | |
| 31-Dec-2020 | GBP | 306,866 | 452,834 | 239,499 | 44,167 | 2 | 203,151 | 203,153 | |
| 31-Dec-2019 | GBP | 230,807 | 377,309 | 224,990 | 2 | 190,578 | 190,580 | ||
| 31-Dec-2018 | GBP | 188,082 | 347,776 | 224,415 | 2 | 166,153 | 166,155 |
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) |
|---|---|---|---|---|---|---|
| Resigned | Ian COPELAND | 10 Oct 2011 | 08 Jun 2012 | 0 - 1 | ||
| Resigned | Colin HAYBURN | 15 Sep 2011 | 10 Oct 2011 | 0 - 1 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Evelyn Joan KERR | 08 Jun 2012 | Company Director | British | 3 - 2 | 2 (40.0%) | |
| Active | Gerard LEATHEM | 08 Jun 2012 | Company Director | British | 1 - 0 | 0 (0.0%) | |
| Resigned | Ian COPELAND | 10 Oct 2011 | 08 Jun 2012 | Company Director | British | 0 - 4 | 1 (25.0%) |
| Resigned | Alan David ARMSTRONG | 15 Sep 2011 | 10 Oct 2011 | Company Director | Northern Irish | 31 - 8 | 3 (7.7%) |
| Resigned | Colin HAYBURN | 15 Sep 2011 | 10 Oct 2011 | Company Director | British | 2 - 44 | 1 (2.2%) |
Average tenure of active directors: 11.9 years
Average tenure of resigned directors: 0.3 years
Average active director Dissolution Rate: 20.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
|||
|---|---|---|---|
| ADVERT NI LIMITED (NI044059) - Dissolved | ✔ | ||
| R4 LIMITED (NI044934) - Active | ✔ | ||
| ADCO DISTRIBUTORS (NI) LIMITED (NI609016) - Active | ✔ | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ADCO DISTRIBUTORS (NI) 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:
22110 Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| MICHELIN TYRE PUBLIC LIMITED COMPANY | CAMPBELL ROAD, STOKE-ON-TRENT, STAFFORDSHIRE, ST4 4EY | 00084559 | 2017-12-31 | 685,912,000 | -1,772,000 | |
| PIRELLI UK TYRES LIMITED | DERBY ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE13 0BH | 02622111 | 2017-12-31 | 384,076,000 | 21,799,000 | |
| GOODYEAR DUNLOP TYRES UK LIMITED | 2920 TRIDENT COURT SOLIHULL PARKWAY, BIRMINGHAM BUSINESS PARK, BIRMINGHAM, ENGLAND, B37 7YN | 00223064 | 2017-12-31 | 208,299,000 | 27,793,000 | |
| BANDVULC TYRES LTD | GILLARD WAY, LEE MILL INDUSTRIAL ESTATE, IVYBRIDGE, DEVON, PL21 9LN | 01350593 | 2017-12-31 | 64,992,532 | 3,985,244 | |
| DUNLOP AIRCRAFT TYRES LIMITED | 40 FORT PARKWAY, BIRMINGHAM, B24 9HL | 03226333 | 2017-12-31 | 53,340,000 | 19,901,000 |
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 |
|---|---|---|---|---|
| ADCO DISTRIBUTORS (NI) LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | Too few competitors | |||
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.5% | 2.1% | 4.2% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
