BUTE FABRICS LIMITED

4 BARONE ROAD, ROTHESAY, ISLE OF BUTE, PA20 0DP

Company Number: SC062040
Incorporation date: 25-Mar-1977
Status: Active
Entity type: Private Limited Company

SIC codes:
13200 Weaving of textiles





SUMMARY

This company is 47 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 positive equity (net assets) of GBP 2.6 million which has decreased from the previous year's figure of GBP 2.9 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -298.2 thousand in the last reported period. Retained earnings is negative (GBP -5.4 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 4 active officers (directors or partners) who are or were officers of 32 other companies, 3 (9.4%) 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: 30-Sep-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-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
31-Dec-2022 GBP 41,059 2,019,442 440,325 761,712 7,656,000 353,686 -5,413,361 2,596,325
31-Dec-2021 GBP 124,201 2,130,463 539,160 627,009 7,656,000 353,686 -5,115,158 2,894,528
31-Dec-2020 GBP 436,017 2,105,425 578,391 4,539,220 3,310,000 353,686 -4,717,493 -1,053,807
31-Dec-2019 GBP 330,426 2,203,457 536,302 3,415,656 3,310,000 353,686 -3,938,290 -274,604
31-Dec-2018 GBP 141,525 1,867,957 354,632 1,436,014 3,310,000 353,686 -3,066,127 597,559

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2021 GBP 56.77% 4,346,000 3,310,000 7,656,000 7,786,006
* 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 John Allan BLACK 07 Oct 2010 29 Mar 2024 1 - 0
Resigned Donald John MORRISON 18 Aug 2008 07 Oct 2010 0 - 1
Resigned Iain Evan Colin CAMERON 22 May 2006 11 Jul 2008 0 - 1
Resigned Graham Hood BOLTON 11 Jun 2003 22 May 2006 0 - 1
Resigned Douglas GRAHAM 15 Nov 2000 11 Jun 2003 0 - 3
Resigned William Mcmillan HASSALL 23 Nov 1998 14 Nov 2000 1 - 8

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active David Antony WOODHOUSE 01 Jul 2020 Senior Operations Director British 1 - 00 (0.0%)
Resigned Anthony, Lord CRICHTON-STUART 01 Dec 2015 27 Oct 2021 Director British 5 - 31 (12.5%)
Active John Douglas GLEN 07 Nov 2015 Managing Director Scottish 1 - 00 (0.0%)
Resigned Edward PLANCK 04 Nov 2011 30 Apr 2022 Operations Director British 0 - 10 (0.0%)
Active John Allan BLACK 04 Nov 2011 Financial Director British 1 - 21 (33.3%)
Resigned James Macadam SPRINT 12 Apr 2010 30 Nov 2015 Managing Director British 0 - 51 (20.0%)
Active Stephen JENKINS 18 Mar 2010 Director British 31 - 177 (14.6%)
Resigned Claudia Virginia OLMOS 23 Oct 2006 30 Apr 2009 International Sales Director Italian 1 - 10 (0.0%)
Resigned Douglas GRAHAM 15 Nov 2000 02 Feb 2010 Managing Director British 0 - 30 (0.0%)
Resigned John Colum, Marquess BUTE 30 Jul 1993 19 Mar 2010 Peer Of The Realm British 0 - 204 (20.0%)
Resigned William Mcmillan HASSALL 22 Sep 1989 14 Nov 2000 Financial Director British 1 - 85 (55.6%)
Resigned John Donald Morrison HARDIE 28 Feb 1997 British 0 - 42 (50.0%)
Resigned Norman Houston LAMOND 28 Feb 1995 Managing Director British 0 - 83 (37.5%)
Resigned THE MARQUESS OF BUTE 21 Jul 1993 0 - 52 (40.0%)
Resigned Donald Patrick James GRANT 31 Mar 1994 Director British 0 - 31 (33.3%)
Resigned Ian Gordon ROSS 29 Oct 1995 Designer/Marketing Executive British 0 - 21 (50.0%)
Number of active directors: 4
Average tenure of active directors: 9.6 years
Average tenure of resigned directors: 5.1 years
Average active director Dissolution Rate: 12.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CUMBRAE PROPERTIES (1963) LIMITED (00752917) - Active
ANONYMOUS LIMITED (03716055) - Dissolved
BROADCASTING AGENCY LIMITED (03803914) - Active
TALLWOOD LIMITED (03914548) - Active
MOUNTJOY 2000 LIMITED (04018616) - Active
BUTE LAND LIMITED (05195283) - Active
EL MIRLO LIMITED (05377855) - Active
CASTING CENTRAL LIMITED (06975603) - Dissolved
DELTAWOOD LIMITED (07454156) - Active
TORNADO DEVELOPMENTS LIMITED (09192841) - Active
SEAGULL PRODUCTIONS LTD (09728619) - Active
TALLWOOD INVESTMENTS LTD (10664898) - Active
ROWANWOOD LIMITED (11397231) - Active
MERTHYR CERAMIC AND GLASS STUDIO CIC (12024994) - Dissolved
MARNOCK LIMITED (12255015) - Active
BUTE YARD LTD (12351684) - Active
KERRYLAMONT LTD (12352987) - Active
GRENWOOD LIMITED (12675266) - Active
BUTE FABRICS LIMITED (SC062040) - Active
DUMFRIES FARMS LIMITED (SC100869) - Active
THE MOUNT STUART TRUST (SC118464) - Active
BUTE ESTATE LIMITED (SC121236) - Active
MOUNT STUART EVENTS LTD. (SC228978) - Active
UPPER WELLWOOD LIMITED (SC248812) - Active
DUMFRIES ESTATE (BANKEND) LIMITED (SC261879) - Active
BUTE ESTATE DEVELOPMENTS LIMITED (SC262984) - Active
APPLE TREE NURSERY LIMITED (SC354167) - Active
FYNE HOTELS LTD (SC382029) - Dissolved
MOUNT STUART TRADING COMPANY LIMITED (SC462677) - Active
MOUNT STUART RENEWABLES LIMITED (SC464237) - Active
BUTE FINANCE (SC621697) - Active
BUTE ENTERPRISE FINANCE FUND LTD (SC639275) - Active
NICHOLSON MCCALLUM LTD (SC689553) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

BUTE FABRICS 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: 13200 Weaving of textiles)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
JAMES JOHNSTON & CO. OF ELGIN LIMITED NEWMILL, ELGIN, IV30 4AF SC022553 2017-12-31 73,891,000 7,848,000 14190-Manufacture of other wearing apparel and accessories not elsewhere classified
46410-Wholesale of textiles
47190-Other retail sale in non-specialised stores
CAMIRA FABRICS LIMITED THE WATERMILL WHEATLEY PARK, HOPTON, MIRFIELD, WEST YORKSHIRE, WF14 8HE 02215654 2017-12-31 64,973,281 8,473,627 13300-Finishing of textiles
HEATHCOAT FABRICS LIMITED WESTEXE, TIVERTON, DEVON, EX16 5LL 00450787 2018-05-31 56,965,000 3,624,000 13300-Finishing of textiles
13960-Manufacture of other technical and industrial textiles
14310-Manufacture of knitted and crocheted hosiery
BOWMER-BOND NARROW FABRICS LIMITED HANGING BRIDGE MILLS, ASHBOURNE, DERBYSHIRE., DE6 2EA 00577024 2018-06-30 9,816,241 0
PAPILIONACEOUS LIMITED 3 ADMIRAL COURT, NELSON ROAD, DARTMOUTH, TQ6 9HU 03166706 2018-03-31 32,043 0
WORK THREADS LTD UNIT 1, HAWKSHAW FARM BUSINESS PARK LONGSIGHT ROAD, CLAYTON LE DALE, BLACKBURN, ENGLAND, BB2 7JA 09485296 2018-03-31 14,505 0
MADELEINE JUDE LIMITED 130 PHYLLIS AVENUE, NEW MALDEN, SURREY, KT3 6JZ 08628291 2018-09-30 5,762 0 13910-Manufacture of knitted and crocheted fabrics
SILK INDUSTRIES LIMITED C/O INTERPATH ADVISORY, 60 GREY STREET, NEWCASTLE UPON TYNE, NE1 6AH 04667190 2018-04-30 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
BUTE FABRICS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% 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
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