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2 SISTERS POULTRY LIMITED
GEORGE STREET, COUPAR ANGUS, BLAIRGOWRIE, PERTHSHIRE, PH13 9LUPrevious name: VION POULTRY LIMITED (changed on 14-Mar-2013)
Previous name: DUNWILCO (1787) LIMITED (changed on 25-Feb-2013)
Company Number: SC440782
Incorporation date: 21-Jan-2013
Status: Active
Entity type: Private Limited Company
SIC codes:
10120 Processing and preserving of poultry meat
SUMMARY
This company is 11.2 years old and is currently active. It is controlled by Boparan Holdings Limited. The company has negative equity (net assets) of GBP -90.1 million which has worsened since the previous year's figure of GBP -64.2 million. The latest reported revenue figure is GBP 455.1 million which is down -10% on the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -90.1 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 2 active officers (directors or partners) who are or were officers of 77 other companies, 17 (22.1%) 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 2 court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Apr-2024Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (30-Jul-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
27-Jul-2019 | GBP | 455,064,000 | -25,721,000 | ||||
28-Apr-2019 | GBP | 509,160,000 | -27,455,000 | ||||
29-Jul-2017 | GBP | 528,477,000 | -4,277,000 | ||||
30-Jul-2016 | GBP | 516,337,000 | -8,992,000 | ||||
01-Aug-2015 | GBP | 546,870,000 | -8,025,000 | 2,026,000 | 4,940,000 | 5,111,000 | |
02-Aug-2014 | GBP | 571,285,000 | -12,048,000 | 2,035,000 | 196,000 | 2,261,000 | -7,948,000 |
27-Jul-2013 | GBP | 195,519,000 | -12,528,000 | 918,000 | 3,009,000 | 10,437,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
27-Jul-2019 | GBP | 1,000 | 87,268,000 | 194,792,000 | -90,058,000 | -90,058,000 | |||
28-Apr-2019 | GBP | 99,460,000 | 77,791,000 | -64,229,000 | -64,229,000 | ||||
29-Jul-2017 | GBP | 3,000 | 98,786,000 | 161,897,000 | -37,613,000 | -37,613,000 | |||
30-Jul-2016 | GBP | 95,185,000 | 155,045,000 | -31,854,000 | -31,854,000 | ||||
01-Aug-2015 | GBP | 3,000 | 102,808,000 | 153,000 | -23,496,000 | -23,496,000 | |||
02-Aug-2014 | GBP | 207,000 | 135,554,000 | 177,134,000 | -18,385,000 | -18,385,000 | |||
27-Jul-2013 | GBP | 458,000 | 113,851,000 | 144,323,000 | -10,437,000 | 10,437,000 |
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 | D.W. COMPANY SERVICES LIMITED | 21 Jan 2013 | 22 Feb 2013 | 5 - 932 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Joanne Caroline Kershaw SIMMONDS | 22 May 2023 | Director | British | 37 - 4 | 8 (19.5%) | |
Resigned | Andrew Ronald MCINNES | 01 Nov 2018 | 16 Oct 2019 | Managing Director | British | 0 - 7 | 0 (0.0%) |
Resigned | Ronald Klaas Otto KERS | 30 Jun 2018 | 26 May 2023 | Group Ceo | Dutch | 5 - 84 | 18 (20.2%) |
Active | Craig Ashley TOMKINSON | 30 Jun 2018 | Group Cfo | British | 48 - 30 | 18 (23.1%) | |
Resigned | Keith Richard PACKER | 04 Apr 2018 | 01 Nov 2018 | Managing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Richard Neil PIKE | 22 Aug 2017 | 30 Jun 2018 | Group Cfo | British | 3 - 171 | 20 (11.5%) |
Resigned | Antonio Singh BOPARAN | 25 Jul 2017 | 04 Apr 2018 | Managing Director | British | 4 - 4 | 0 (0.0%) |
Resigned | Martyn Paul FLETCHER | 17 Jul 2017 | 31 Jul 2018 | Coo | British | 0 - 71 | 17 (23.9%) |
Resigned | Gareth Wyn DAVIES | 24 Aug 2015 | 31 Aug 2017 | Accountant | British | 0 - 234 | 57 (24.4%) |
Resigned | David Steven MORGAN | 23 Mar 2015 | 24 Aug 2015 | Solicitor | British | 0 - 51 | 12 (23.5%) |
Resigned | Stephen Paul LEADBEATER | 20 Jun 2014 | 17 Jul 2017 | Group Cfo | British | 1 - 132 | 49 (36.8%) |
Resigned | Stephen Paul ELLIS | 08 Mar 2013 | 31 Jul 2015 | Director | British | 6 - 5 | 0 (0.0%) |
Resigned | Stephen Paul ELLIS | 08 Mar 2013 | 31 Jul 2015 | Director | British | 1 - 26 | 0 (0.0%) |
Resigned | Ranjit Singh BOPARAN | 08 Mar 2013 | 24 Jan 2023 | Director | British | 14 - 27 | 6 (14.6%) |
Resigned | Stephen HENDERSON | 08 Mar 2013 | 01 Aug 2014 | Director | British | 3 - 100 | 20 (19.4%) |
Resigned | Mark STEVEN | 22 Feb 2013 | 08 Mar 2013 | Finance Director | British | 2 - 44 | 39 (84.8%) |
Resigned | Peter Maria Jacobus BECKERS | 22 Feb 2013 | 08 Mar 2013 | Chief Strategic Officer | Dutch | 0 - 2 | 0 (0.0%) |
Resigned | Louis Antoine Maria VERNAUS | 22 Feb 2013 | 08 Mar 2013 | Company Director | Dutch | 0 - 2 | 0 (0.0%) |
Resigned | Maarten KUSTERS | 22 Feb 2013 | 08 Mar 2013 | Ceo | Dutch | 0 - 2 | 0 (0.0%) |
Resigned | Kenneth Charles ROSE | 21 Jan 2013 | 22 Feb 2013 | Solicitor | British | 0 - 185 | 77 (41.6%) |
Resigned | D.W. DIRECTOR 1 LIMITED | 21 Jan 2013 | 22 Feb 2013 | 0 - 1 | 0 (0.0%) | ||
Resigned | D.W. COMPANY SERVICES LIMITED | 21 Jan 2013 | 22 Feb 2013 | 5 - 932 | 472 (50.4%) |
Average tenure of active directors: 3.3 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 21.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||
---|---|---|---|---|
2016-01-21 | 2015-01-21 | 2014-01-21 | ||
BOPARAN HOLDINGS LIMITED | ORDINARY | 1 100% | 1 100% | 0 0% |
BOPARAN HOLDINGS LIMITED | ORDINARY NIL PAID | 0 0% | 0 0% | 1 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
2 SISTERS POULTRY 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 |
---|---|---|---|---|---|
2021-02-01 | 2021-07-31 | % | % | 49703 | |
2020-08-01 | 2021-01-31 | % | % | 42940 | |
2020-02-01 | 2020-07-31 | 38 | 26% | 71% | 36415 |
2019-08-01 | 2020-01-31 | 43 | 35% | 72% | 29255 |
2019-02-01 | 2019-07-31 | 40 | 31% | 68% | 21294 |
2018-08-01 | 2019-01-31 | 39 | 32% | 79% | 13524 |
2018-02-01 | 2018-07-31 | 37 | 30% | 80% | 6603 |
2017-08-01 | 2018-01-31 | 41 | 34% | 75% | 734 |
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2019-02-18 | Mr A Toth v 2 Sisters Poultry Ltd | [2019] UKET 1600586/2016 | Disability Discrimination |
2017-12-13 | Miss M de Brito Charrua v 2 Sisters Poultry Ltd | [2017] UKET 3200505/2017 | Disability Discrimination : Unlawful Deduction from Wages |
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
10120 Processing and preserving of poultry meat)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
MOY PARK LIMITED | THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, BT63 5QE | NI004842 | 2017-12-31 | 1,506,485,000 | 59,273,000 | |
2 SISTERS FOOD GROUP LIMITED | TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE | 02826929 | 2017-07-29 | 1,050,805,000 | -31,776,000 | |
FACCENDA FOODS LIMITED | WILLOW ROAD, BRACKLEY, NORTHANTS, NN13 7EX | 01611077 | 2018-06-02 | 594,396,898 | 20,259,022 | |
2 SISTERS POULTRY LIMITED | GEORGE STREET, COUPAR ANGUS, BLAIRGOWRIE, PERTHSHIRE, PH13 9LU | SC440782 | 2017-07-29 | 528,477,000 | -5,759,000 | |
FREEMANS OF NEWENT LIMITED | GRANDSTAND, ROAD, HEREFORD, ENGLAND, HR4 9PB | 00745426 | 2018-05-31 | 155,844,565 | 2,990,430 | |
SALISBURY POULTRY (MIDLANDS) LIMITED | SALISBURY COURT, HARE STREET, BILSTON, WEST MIDLANDS, WV14 7DX | 03073979 | 2017-12-31 | 113,048,896 | 3,071,263 | |
PMJ FOODS UK LTD. | NORMAN COLLETT HOUSE TRANSFESA ROAD, PADDOCK WOOD, TONBRIDGE, KENT, ENGLAND, TN12 6UT | 07402732 | 2017-12-31 | 44,723,208 | 0 | |
ALWINS AUTHENTIC JERK PRODUCTS LIMITED | UNIT 17, BROOKSIDE INDUSTRIAL ESTATE, WEDNESBURY, WEST MIDLANDS, WS10 0QZ | 07402465 | 2018-12-31 | 11,764 | 0 | |
CCL HOLDINGS LIMITED | CRANE COURT HESSLEWOOD COUNTRY OFFICE PARK, FERRIBY ROAD, HESSLE, ENGLAND, HU13 0PA | 02800280 | 0000-00-00 | 0 | 0 |
10910-Manufacture of prepared feeds for farm animals |
MOY PARK (NEWCO) LTD | THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, CO. ARMAGH, BT63 5QE | NI624578 | 0000-00-00 | 0 | 0 |
10130-Production of meat and poultry meat products |
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 |
---|---|---|---|---|
2 SISTERS POULTRY LIMITED | 0.7% | 3.9% | 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 | 0.4% | 1.3% | 3.0% | Medium |
Accounting Month | 0.6% | 7.2% | 9.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |