COORSTEK LIMITED

C/O WRIGHT, JOHNSTON & MACKENZIE LLP THE CAPITAL BUILDING, 12-13 ST. ANDREW SQUARE, EDINBURGH, EH2 2AF

Company Number: SC108599
Incorporation date: 11-Jan-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
23490 Manufacture of other ceramic products not elsewhere classified
28131 Manufacture of pumps




SUMMARY

This company is 36.2 years old and is currently active. It is controlled by Coorstek Inc. The company has positive equity (net assets) of GBP 6 million which has decreased from the previous year's figure of GBP 20.5 million. The company has 2 active officers (directors or partners) who are or were officers of 1 other company. 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: GROUP (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP -1,726,018
31-Dec-2017 GBP 80,817,383 1,673,327 -1,726,018
31-Dec-2016 GBP 65,161,087 -483,597
31-Dec-2015 GBP 51,912,958 -7,892,516
12-May-2015 GBP 74,058,093 1,093,106 -3,848,140
31-Dec-2013 GBP 75,001,183 9,583,039 4,160,675
31-Dec-2012 GBP 67,488,102 8,335,515 3,520,138
31-Dec-2011 GBP 73,958,248 7,489,353 2,999,707
30-Dec-2010 GBP 8,516,535 1,137,224 24,484 148,641 964,099
31-Dec-2009 GBP -177,401 2,643 127,848 -52,196


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 2,086,606 30,420,869 42,691,228 5,988,554 19,376,901 5,988,554
31-Dec-2017 GBP 1,001,054 32,674,681 49,465,695 5,988,554 19,376,901 -5,068,226 20,547,381
31-Dec-2016 GBP 831,466 26,078,874 49,340,806 5,988,554 19,376,901 -2,524,049 23,091,558
31-Dec-2015 GBP 7,423,790 24,002,398 44,251,799 5,988,554 19,376,901 -6,906,705 18,708,902
12-May-2015 GBP 5,937,761 28,539,134 32 6 19,376,901 2 6
31-Dec-2013 GBP 5,820,803 27,747,978 61,333,391 5,988,554 19,376,901 7,922,605 33,538,212
31-Dec-2012 GBP 3,865,891 25,659,218 50,373,985 20 21 21 28,082,726
31-Dec-2011 GBP 6,099,803 27,229,653 4,800,099 13,565,356 7,040,372 25,655,979
30-Dec-2010 GBP 996,660 4,026,335 1,099,295 94,429 3,707,471 5,151,347
31-Dec-2009 GBP 426,991 2,488,889 478,101 1,079,645 250,152 2,743,372 4,073,169

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2015 GBP 100.00% 5,988,548 6 5,988,554 -3,686,496
12-May-2015 GBP -99,809,133.33% -5,988,548 5,988,554 6 -2,885,002
31-Dec-2013 GBP 100.00% 25,365,414 85 25,365,499 7,839,445
31-Dec-2012 GBP -24,000,395.00% -18,365,414 18,365,491 77 4,199,937
31-Dec-2011 GBP 77.10% 17,171,731 5,100,729 22,272,460 10,138,363
30-Dec-2010 GBP 1.79% -136,073 -7,476,363 -7,612,436 -8,256,225
* 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)
Resigned Martin Mcmillan TENNANT 30 Mar 2005 22 May 2023 British 0 - 1
Resigned CCW SECRETARIES LIMITED 30 Nov 2000 30 Mar 2005 22 - 308
Resigned Alan Thomson BROWN 15 Oct 1996 30 Nov 2000 0 - 1
Resigned Allan John WILSON 03 May 1991 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Joseph Patrick MCCURRY 16 Sep 2019 Vp Controller American 2 - 00 (0.0%)
Active Petrus Rodolphus Maria SCHOONE 12 Mar 2018 None Dutch 1 - 00 (0.0%)
Resigned Chad Michael BRENNEISE 30 Nov 2016 16 Sep 2019 Vice President, Finance, Coorstek Inc American 1 - 20 (0.0%)
Resigned David Henry PREY 20 Aug 2014 04 Jan 2016 Director American 0 - 30 (0.0%)
Resigned Andreas Reinhold Hans SCHNEIDER 20 Aug 2014 12 Mar 2018 Director German 0 - 10 (0.0%)
Resigned Steven Howard RASK 04 Feb 2014 30 Nov 2016 Director U.S. Citizen 0 - 51 (20.0%)
Resigned Robert Douglas CARLSON 17 Sep 2012 20 Jan 2014 Chief Financial Officer United States Of America 0 - 51 (20.0%)
Resigned Steven Howard RASK 16 Dec 2010 17 Sep 2012 Cfo U.S. Citizen 0 - 51 (20.0%)
Resigned Dane Allen BARTLETT 11 May 2009 15 Mar 2021 Chief Administrative Officer American 0 - 10 (0.0%)
Resigned Robert Douglas CARLSON 11 May 2009 16 Dec 2010 Cfo United States Of America 0 - 51 (20.0%)
Resigned Charles Lee HARDER 11 May 2009 16 Dec 2010 Director Us Citizen 0 - 10 (0.0%)
Resigned Mark PETTY 30 Mar 2005 11 May 2009 Vice President Us Citizen 0 - 10 (0.0%)
Resigned John COORS 30 Jul 1999 30 Mar 2005 Chief Executive Officer Us Citizen 0 - 10 (0.0%)
Resigned John TROTTER 30 Jul 1997 30 Mar 2005 Operations Manager American 0 - 10 (0.0%)
Resigned Derek JOHNSON 14 Nov 1991 01 Dec 1992 Opeations Manager British 0 - 10 (0.0%)
Resigned Richard Allan LANGMAN 03 Jun 1991 01 Dec 1992 Sales Executive British 0 - 10 (0.0%)
Resigned PAGAN OSBORNE GRACE & CALDERS 03 May 1991 15 Oct 1996 0 - 6521 (32.3%)
Resigned Roger Walter THOMSEN 15 Dec 1989 30 Jul 1997 Sales British 0 - 10 (0.0%)
Resigned James Allen DELVO 15 Dec 1989 03 Jun 1991 Vice President U.S.A. 0 - 10 (0.0%)
Resigned PAGAN OSBORNE GRACE & CALDERS 11 Jan 1988 14 Nov 1990 0 - 6521 (32.3%)
Resigned John Bernard CLARKE 11 Jan 1988 14 Nov 1989 British 4 - 8341 (47.1%)
Resigned Joseph Glen WARREN 01 Dec 1992 Company Director American 0 - 10 (0.0%)
Resigned James WADE 18 Dec 1939 Company Director American 0 - 10 (0.0%)
Resigned Michael John FENERTY 15 Dec 1989 Company Director American 0 - 10 (0.0%)
Resigned Charles William PAGAN 15 Dec 1989 Solicitor British 0 - 134 (30.8%)
Number of active directors: 2
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
COORSTEK ADVANCED MATERIALS CREWE LIMITED (02769778) - Active
COORSTEK LIMITED (SC108599) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-142014-11-142013-11-142012-11-14
COORSTEK INCORDINARY5,988,554
100%
5,988,554
100%
5,988,554
100%
1,099,295
22.9%
COORSTEK INCB ORDINARY0
0%
0
0%
0
0%
3,700,804
77.1%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

COORSTEK LIMITED

Controlled companies below

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 39 8% 39% 26478
2019-01-01 2019-06-30 36 5% 44% 21223
2018-07-01 2018-12-31 36 7% 51% 10989
2018-01-01 2018-06-30 37 8% 45% 6491


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 23490 Manufacture of other ceramic products not elsewhere classified)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
COORSTEK LIMITED C/O WRIGHT, JOHNSTON & MACKENZIE LLP THE CAPITAL BUILDING, 12-13 ST. ANDREW SQUARE, EDINBURGH, SCOTLAND, EH2 2AF SC108599 2017-12-31 80,817,383 -1,726,018 28131-Manufacture of pumps
MORGAN TECHNICAL CERAMICS LIMITED MORGAN ADVANCED MATERIALS - TECHNICAL CERAMICS, MORGAN DRIVE, STOURPORT-ON-SEVERN, WORCESTERSHIRE, DY13 8DW 00262938 2017-12-31 45,877,000 46,331,000

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
COORSTEK 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 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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