GATES (U.K.) LIMITED

TINWALD DOWNS ROAD, HEATHHALL, DUMFRIES & GALLOWAY, DG1 1TS

Company Number: SC001771
Incorporation date: 09-Aug-1888
Status: Active
Entity type: Private Limited Company

SIC codes:
15200 Manufacture of footwear
22190 Manufacture of other rubber products
70100 Activities of head offices



SUMMARY

This company is 135.7 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 14.9 million which has decreased from the previous year's figure of GBP 59.6 million. The latest reported revenue figure is GBP 126.1 millionThe company has 3 active officers (directors or partners) who are or were officers of 26 other companies. 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-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
28-Dec-2019 GBP 126,073,000 11,940,000 120,000 2,267,000 9,793,000
29-Dec-2018 GBP 16,577,000
30-Dec-2017 GBP 17,096,000
25-Aug-2017 GBP 113,950,000 18,894,000 1,948,000 17,096,000
02-Jan-2016 GBP 108,306,000 11,917,000 2,351,000 15,722,000
03-Jan-2015 GBP 104,063,000 4,220,000 1,825,000 2,864,000
31-Dec-2013 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Dec-2019 GBP 29,000 123,263,000 17,549,000 95,998,000 9,029,000 472,000 5,334,000 14,877,000
29-Dec-2018 GBP 147,000 20,686,000 40,779,000 9,029,000 472,000 50,065,000 59,610,000
30-Dec-2017 GBP 199,000 24,287,000 37,213,000 472,000 33,807,000 43,353,000
25-Aug-2017 GBP 144,000 71,237,000 16,813,000 33,686,000 472,000 14,423,000 23,971,000
02-Jan-2016 GBP 298,000 51,993,000 14,081,000 19,933,000 472,000 17,018,000 26,568,000
03-Jan-2015 GBP 236,000 43,765,000 16,318,000 23,538,000 472,000 11,387,000
31-Dec-2013 GBP 392,000 98,157,000 17,242,000 22,794,000 472,000 63,982,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
29-Dec-2018 GBP 100.00% 9,029,000 0 9,029,000 43,337,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active INTERTRUST (UK) LIMITED 27 Apr 2018 28 Mar 2024 793 - 537
Resigned Linda Mary SHIELDS 13 Aug 2014 01 Mar 2018 0 - 1
Resigned Elizabeth Honor LEWZEY 15 Dec 2011 13 Aug 2014 0 - 1
Resigned Michael John HOPSTER 01 Jan 2011 15 Dec 2011 0 - 1
Resigned Denise Patricia BURTON 28 Apr 1997 01 Jan 2011 1 - 283
Resigned Michel Pierre CLOES 16 Dec 1992 28 Apr 1997 0 - 10
Resigned James EDGAR 27 Aug 1992 16 Dec 1992 Legal Adviser British 0 - 18
Resigned James EDGAR 16 Dec 1992 0 - 18

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Cristin Cracraft BRACKEN 31 Mar 2020 Company Director American 22 - 30 (0.0%)
Resigned Jamey Susan SEELY 25 May 2018 31 Mar 2020 Executive Vice President American 0 - 210 (0.0%)
Active Nathan Andrew ROGERS 25 May 2018 Director American 22 - 40 (0.0%)
Active Marc Gregory SWANSON 25 May 2018 Vice President, Global Tax American 21 - 40 (0.0%)
Resigned Maurice Alexander KALSBEEK 27 Apr 2017 25 May 2018 Director Dutch 1 - 9621 (21.6%)
Resigned Paul Nigel KERFOOT 08 Feb 2017 25 May 2018 Director British 0 - 221 (4.5%)
Resigned Rasmani BHATTACHARYA 06 Feb 2015 30 Jun 2015 Controller American 0 - 153 (20.0%)
Resigned Robert James HENDERSON 13 Aug 2014 08 Feb 2017 Financial Controller British 0 - 42 (50.0%)
Resigned Ross Christopher NAGLE 13 Aug 2014 11 Apr 2017 Vice President European Operations British 1 - 192 (10.0%)
Resigned Nicolas Paul WILKINSON 01 Jul 2011 31 Dec 2016 Director British 4 - 10280 (75.5%)
Resigned Thomas C. REEVE 01 Jul 2011 06 Feb 2015 Corporate American 3 - 8974 (80.4%)
Resigned Elizabeth Honor LEWZEY 08 Apr 2011 30 Sep 2014 Accountant British 4 - 9476 (77.6%)
Resigned Paul Edward FLANAGAN 30 Nov 2007 08 Apr 2011 Chartered Secretary British 0 - 9074 (82.2%)
Resigned Michael John HOPSTER 30 Nov 2007 15 Dec 2011 Chartered Secretary British 0 - 9874 (75.5%)
Resigned Norman Charles PORTER 01 Aug 2002 30 Nov 2007 Company Secretary British 1 - 221148 (66.7%)
Resigned Denise Patricia BURTON 12 Jul 1999 01 Jan 2011 Company Director British 1 - 283206 (72.5%)
Resigned Richard Norman MARCHANT 28 Apr 1997 31 Jul 2002 Director/Company Secretary British 0 - 163118 (72.4%)
Resigned Ian Alexander DUNCAN 28 Apr 1997 12 Jul 1999 Company Director British 4 - 10563 (57.8%)
Resigned James Edgar NELSON 01 Jul 1996 31 Jul 2003 Director American 0 - 10 (0.0%)
Resigned John Michael RIESS 31 Dec 1993 08 Feb 1999 Executive American 0 - 20 (0.0%)
Resigned Lothar Gerhard ESTENFELDER 05 Nov 1992 03 Mar 1998 President, European Operations American 0 - 43 (75.0%)
Resigned Thomas Joseph GIBSON 05 Nov 1992 01 Jul 1996 Company Director American 0 - 43 (75.0%)
Resigned Mark RAUDABAUGH 24 Jan 1992 09 Dec 1992 Managing Director American 0 - 43 (75.0%)
Resigned Brian CORLESS 31 May 1991 25 Nov 1992 Managing Director British 0 - 41 (25.0%)
Resigned William John GARDINER 27 Nov 1990 17 Nov 1992 Managing Director American 0 - 43 (75.0%)
Resigned Stephen Morris MCCLURE 27 Nov 1990 31 Dec 1991 Managing Director American 0 - 76 (85.7%)
Resigned John Wade DOBBIE 27 Nov 1990 30 Sep 1992 Financial Director British 0 - 95 (55.6%)
Resigned Richard BELL 27 Nov 1990 17 Nov 1992 Managing Director British 0 - 21 (50.0%)
Resigned John Julian St Clair SHAW 27 Nov 1990 01 Nov 1998 Chartered Accountant British 0 - 119 (81.8%)
Resigned Alfred Lorin STECKLEIN 01 Aug 1990 05 Nov 1992 Executive American 0 - 10 (0.0%)
Resigned Donald Eugene MILLER 31 Dec 1993 Executive Director American 0 - 43 (75.0%)
Resigned Alastair John Carmichael JOHNSTON 31 May 1991 Managing Director British 0 - 62 (33.3%)
Resigned Allan Wilbur STONER 27 Nov 1990 Executive Director Us Citizen 0 - 10 (0.0%)
Number of active directors: 3
Average tenure of active directors: 5.2 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TOMKINS ENGINEERING LIMITED (00134382) - Active
GATES WORLDWIDE LIMITED (00203531) - Active
TRICO PRODUCTS (DUNSTABLE) PENSION TRUSTEES LIMITED (00232187) - Active
TOMKINS OVERSEAS INVESTMENTS LIMITED (00286193) - Active
TOMKINS INVESTMENTS LIMITED (00313862) - Active
TOMKINS PENSION TRUSTEES LIMITED (00360790) - Active
GATES UK PENSION TRUSTEES LIMITED (00375860) - Active
GATES HOLDINGS LIMITED (04165143) - Active
GATES TREASURY (DOLLAR) COMPANY (04528457) - Active
GATES TREASURY (EURO) COMPANY (04528476) - Active
GATES TREASURY (CANADIAN DOLLAR) COMPANY (04758649) - Active
GATES FINANCE LIMITED (04805031) - Active
GATES EUROPEAN HOLDINGS LIMITED (05799119) - Active
GATES AUTO PARTS HOLDINGS CHINA LIMITED (06411482) - Active
GATES TREASURY (BRAZILIAN REAL) LIMITED (06529492) - Active
GATES FLUID POWER TECHNOLOGIES INVESTMENTS LIMITED (06555836) - Active
GATES ENGINEERING & SERVICES GLOBAL LIMITED (06907534) - Active
GATES ACQUISITIONS LIMITED (07323239) - Active
TOMKINS BP UK HOLDINGS LIMITED (08241004) - Active
FINCO OMAHA LTD (09064412) - Active
GATES ENGINEERING & SERVICES UK HOLDINGS LIMITED (10785296) - Active
GATES ENGINEERING & SERVICES UK LIMITED (10806154) - Active
GATES INDUSTRIAL CORPORATION PLC (10980824) - Active
GATES INDUSTRIAL HOLDCO LIMITED (10986334) - Active
GATES UK FINANCE LIMITED (11120110) - Active
GATES TREASURY (TRY) LIMITED (12549550) - Active
GATES (U.K.) LIMITED (SC001771) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-04-082015-12-012014-12-012013-12-012012-12-01
GATES INDUSTRIAL EUROPE S.A.R.L.ORDINARY9,029,176
100%
0
0%
0
0%
0
0%
0
0%
TOMKINS ENGINEERING LIMITEDORDINARY0
0%
9,029,176
100%
9,029,176
100.0%
0
0%
0
0%
THE GATES CORPORATIONORDINARY0
0%
0
0%
6
0.000%
0
0%
0
0%
THE GATES CORPORATIONORDINARY STOCK0
0%
0
0%
0
0%
9,029,176
100%
9,029,176
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GATES (U.K.) LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2019-07-01 2019-12-31 68 71% 6% 29505
2019-01-01 2019-06-30 64 57% 0% 22682
2018-06-30 2018-12-31 70 18% 5% 9444


COURT CASES


Date Title Reference Subject
2018-10-26 Mrs L Shields v Gates UK Ltd [2018] UKET 4104989/2018 Public Interest Disclosure

PATENTS


Title Date filed Status Publication number
Carpet underlay and backing therefor 1995-07-05 Terminated GB2299781
Carpet underlay and backing therefor 1995-03-29 Terminated GB2299293
Power transmission system and pulley therefor 1989-05-26 Ceased GB2232222
Electrical connections for distortion-sensitive body 1988-09-14 Ceased GB2224400
A method of manufacturing a sensing element 1988-09-14 Ceased GB2222883
Sensing device 1987-11-05 Ceased GB2199437

COMPETITORS

(Based on Sic code: 15200 Manufacture of footwear)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED APPLETON HOUSE 430 BIRCHWOOD BOULEVARD, BIRCHWOOD, WARRINGTON, CHESHIRE, WA3 7WD 01616165 2017-12-31 192,147,172 -29,237,041 47721-Retail sale of footwear in specialised stores
GATES (U.K.) LIMITED TINWALD DOWNS ROAD, HEATHHALL, DUMFRIES & GALLOWAY, DG1 1TS SC001771 2017-12-30 127,382,000 16,577,000 22190-Manufacture of other rubber products
70100-Activities of head offices
BEACONSFIELD FOOTWEAR LIMITED C.O INTERPATH LTD, 10 FLEET PLACE, LONDON, EC4M 7RB 00641365 2018-01-28 100,777,000 4,696,000
CROCKETT AND JONES LIMITED 27 PERRY STREET, NORTHAMPTON, NN1 4HN 00451921 2018-02-28 30,983,000 4,015,000 47721-Retail sale of footwear in specialised stores
CHURCH & CO LIMITED ST.JAMES,, NORTHAMPTON, NN5 5JB 00211135 2017-12-31 30,618,783 -23,509,466
CHEANEY SHOES LIMITED 69 RUSHTON ROAD, DESBOROUGH, NORTHAMPTONSHIRE, ENGLAND, NN14 2RR 06905848 2018-07-31 10,751,865 0
R.E. TRICKER LIMITED 56-60 ST. MICHAELS ROAD, NORTHAMPTON, NN1 3JX 01114160 2017-12-31 6,575,339 0
E PRANSKUNAS 8044 LTD RACS GROUP HOUSE THREE HORSESHOES WALK, WILTSHIRE, WARMINSTER, UNITED KINGDOM, BA12 9BT 10709810 2018-04-30 31,079 0
LEE & KHAW LTD 121 THE LINDENS, LOUGHTON, ESSEX, UNITED KINGDOM, IG10 3HU 10343190 2018-08-31 800 0
JASPER FOOTWEAR LIMITED 24 BRITTON STREET, LONDON, EC1M 5UA 08794815 0000-00-00 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
GATES (U.K.) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 1.7% 2.7% 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 0.8% 4.4% 8.7% Medium
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