SISALTECH LTD.

MIDLOTHIAN INNOVATION CENTRE, ROSLIN, EH25 9RE

Previous name: THE EAST AFRICA SISAL COMPANY LTD (changed on 13-Oct-2022)

Company Number: SC433808
Incorporation date: 02-Oct-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
13100 Preparation and spinning of textile fibres
13960 Manufacture of other technical and industrial textiles




SUMMARY

This company is 11.5 years old and is currently active. It is controlled by Mr John David Ferguson. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -17.7 thousand but has improved from GBP -49 thousand in the previous year. The company has 4 active officers (directors or partners) who are or were officers of 5 other companies, 1 (20.0%) 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-Jul-2024
Accounts Filed: MICRO ENTITY (31-Oct-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Oct-2020 GBP 5,594 -25,721
31-Oct-2019 GBP 4,191 -5,640
31-Oct-2018 GBP 945 -11,302
31-Oct-2017 GBP 110 -627
31-Oct-2016 GBP 1,400 -2,231
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-Oct-2023 GBP 68,744 47,152 39,789 -17,654
31-Oct-2022 GBP 70,969 75,777 47,579 -48,975
31-Oct-2021 GBP 44,062 7,283 74,139 -26,405
31-Oct-2020 GBP 53,885 48,839 85,613 -49,056
31-Oct-2019 GBP 18,441 7,828 45,987 -23,335
31-Oct-2018 GBP 27,330 45,026 -17,696
31-Oct-2017 GBP 149 18 6,525 -6,394
31-Oct-2016 GBP 113 5,880 -5,767
31-Oct-2015 GBP 6,630
31-Oct-2014 GBP 328 5,627 -5,299
31-Oct-2013 GBP

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Patrick John FLOCKHART 17 Feb 2021 Company Director British 2 - 10 (0.0%)
Active Douglas John STIRLING 15 Feb 2021 Certified Chartered Accountant British 1 - 21 (33.3%)
Active David Wilson HAMILTON 04 Dec 2020 Management Accountant British 1 - 00 (0.0%)
Active John David FERGUSON 02 Oct 2012 Sisal British 1 - 11 (50.0%)
Number of active directors: 4
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 20.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ST. GEORGES RESIDENTS COMPANY LIMITED (02855879) - Active
1208 LIMITED (09170520) - Active
SISALTECH LTD. (SC433808) - Active
FARMDIRECT2U LTD (SC460511) - Dissolved
HUMBIE & LAMMERMUIR COMMUNITY ENTERPRISE LIMITED (SC479064) - Active
SISAL COMPOSITES LTD (SC494467) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SISALTECH LTD.

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: 13100 Preparation and spinning of textile fibres)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
INVISTA TEXTILES (U.K.) LIMITED 20 GRESHAM STREET, 4TH FLOOR, LONDON, UNITED KINGDOM, EC2V 7JE 04558109 2017-12-31 1,197,097,000 212,050,000 20130-Manufacture of other inorganic basic chemicals
20590-Manufacture of other chemical products not elsewhere classified
20600-Manufacture of man-made fibres
G. MODIANO LIMITED BROAD STREET HOUSE, 55 OLD BROAD STREET, LONDON, EC2M 1RX 00872284 2018-03-31 251,519,000 18,103,000
LAWTON YARNS LIMITED C/O INTERPATH ADVISORY, 60 GREY STREET, NEWCASTLE UPON TYNE, NE1 6AH 07917717 2017-10-31 36,818,780 1,004,110
HEXCEL REINFORCEMENTS UK LIMITED ICKLETON ROAD, DUXFORD, CAMBRIDGE, CB22 4QB 03685736 2017-12-31 28,295,000 0
THE BORDER MILL LIMITED HAYMOUNT BRIDGEND, DUNS, BERWICKSHIRE, TD11 3DJ SC452196 2018-09-30 161,328 0
THE EAST AFRICA SISAL COMPANY LTD MIDLOTHIAN INNOVATION CENTRE, ROSLIN, EH25 9RE SC433808 2018-10-31 110 0 13960-Manufacture of other technical and industrial textiles

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
SISALTECH LTD. 0.7% 3.6% 7.2% 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 0.3% 1.2% 1.8% Medium
Accounting Month 0.6% 4.4% 12.0% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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