|
Subject Reported on
|
HAMWORTHY COMBUSTION ENGINEERING LIMITED
|
|
Holding Company
|
HAMWORTHY ENGINEERING LTD
|
|
Ultimate Holding Company
|
PRESTIGE (NO.1) LTD
|
|
Trading Address
|
FLEETS CORNER,POOLE,BH17 0LA
|
|
|
|
|
Telephone
|
01202-662700
|
|
|
|
|
|
There is a high degree of confidence this company will prove good for
the assigned Credit Limit
|
|
|
|
|
Credit Limit
|
GBP 978,100
|
|
|
Selling to this company? The Credit Limit is the recommended maximum
outstanding debtor exposure at any one time.
|
|
|
|
|
Contract Limit
|
GBP 13,147,300
|
|
|
Buying from this company? The Contract Limit is the recommended
aggregate annual value for supply contracts.
|
Official Company Data
|
|
|
|
Legal Form
|
Private Limited Liability Company (GB)
|
|
Registration Number
|
00713226
|
|
Date of Incorporation
|
18/01/1962
|
|
Registered Office
|
Fleets Corner, Poole Dorset BH17 0LA
|
|
Date of Last Annual Return to Registry
|
16/05/2008
|
|
Activities
|
Manufacturers of gas-oil burners
|
|
Accounts
|
The last filed
accounts cover the period to 31/03/2008 and were filed on 27/06/2008 with
Companies House.
Please note that the transition, analysis and publication of these accounts
may take up to 10 days to appear on this report.
|
Payment Performance
|
Summary
|
|
Days Beyond Terms (DBT) for
|
08/2008
|
|
No. Of Experiences
|
30
|
|
No. Of References
|
16
|
|
Current DBT
|
3
|
|
Month
|
07/2008
|
06/2008
|
05/2008
|
04/2008
|
03/2008
|
02/2008
|
01/2008
|
12/2007
|
11/2007
|
10/2007
|
09/2007
|
|
DBT
|
3
|
3
|
3
|
3
|
6
|
5
|
5
|
5
|
5
|
5
|
8
|
|
Upper Quartile
|
2
|
|
Median
|
12
|
|
Lower Quartile
|
20
|
|
Period
|
1-3mths
|
4-6mths
|
7-12mths
|
|
DBT
|
Exp
|
Amt
|
Exp
|
Amt
|
Exp
|
Amt
|
|
Within Terms
|
5
|
25,250
|
5
|
5,600
|
6
|
205,100
|
|
0-30
|
4
|
11,200
|
0
|
0
|
1
|
900
|
|
31-60
|
4
|
6,700
|
0
|
0
|
2
|
8,000
|
|
61-90
|
2
|
395
|
0
|
0
|
0
|
0
|
|
91-120
|
1
|
500
|
0
|
0
|
0
|
0
|
|
121-180
|
0
|
0
|
0
|
0
|
0
|
0
|
|
180+
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
16
|
44,045
|
5
|
5,600
|
9
|
214,000
|
Recently Filed
Documents ( view available documents )
Details of the most
recent documents
|
Date Received
|
Description
|
|
16/05/2008
|
Annual Return
|
|
31/03/2008
|
Financial Statement / Set of Accounts
|
|
It should be noted that there is no legal requirement to file satisfaction
details of mortgages/charges at Companies House.
|
Known Directors
|
|
|
|
DIRECTOR
|
MR MICHAEL FREDERICK WIGNALL
|
|
Occupation
|
COMPANY DIRECTOR
|
|
Address
|
64 CHINE WALK, WEST PARLEY , FERNDOWN , DORSET
, BH22 8PX
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
29/07/1958
|
|
Appointment Date
|
03/01/1995
|
|
Other Appointments
|
HAMWORTHY COMBUSTION SYSTEMS LTD, SHEFFIELD FORGEMASTERS STEEL LTD,
FORGEMASTERS ENGINEERING LTD
|
|
DIRECTOR
|
MR CHRISTOPHER PETER IVETT
|
|
Occupation
|
DIRECTOR
|
|
Address
|
8 DOWN LODGE CLOSE, ALDERHOLT , FORDINGBRIDGE
, HAMPSHIRE , SP6 3JA
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
26/10/1960
|
|
Appointment Date
|
27/05/2002
|
|
DIRECTOR
|
MR ALAN THOMAS BARLOW
|
|
Occupation
|
COMPANY DIRECTOR
|
|
Address
|
ANNES BUNCH LANE, , HASLEMERE , SURREY , GU27
1AE
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
28/12/1947
|
|
Appointment Date
|
02/05/2003
|
|
Other Appointments
|
THE ENERGY GROUP
(FAR EAST) LTD, INDUSTRAMAR LTD, HAMWORTHY COMBUSTION MARINE SYSTEMS LTD,
HAMWORTHY ENGINEERING LTD, PEABODY ENGINEERING LTD, HAMWORTHY COMBUSTION
EQUIPMENT (HOLDINGS) LTD, AIROIL-FLAREGAS LTD, AIROIL-FLAREGAS HOLDINGS
LTD, HAMWORTHY COMBUSTION SYSTEMS LTD, BRITISH POWER INTERNATIONAL LTD,
ENERGY GROUP INTERNATIONAL LTD (THE), PRICEWATERHOUSECOOPERS ASSOCIATES
LTD, ABACUS (INDIA) LIMITED
|
|
DIRECTOR
|
MR JOHN FRANCIS SODEN
|
|
Occupation
|
INVESTMENT BANKER
|
|
Address
|
98 ALLEYN ROAD, , LONDON , SE21 8AH
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
24/12/1952
|
|
Appointment Date
|
23/04/2003
|
|
Other Appointments
|
PEABODY
ENGINEERING LTD, HAMWORTHY COMBUSTION EQUIPMENT (HOLDINGS) LTD, INDUSTRAMAR
LTD, AIROIL-FLAREGAS LTD, AIROIL-FLAREGAS HOLDINGS LTD, HAMWORTHY
COMBUSTION SYSTEMS LTD, HAMWORTHY COMBUSTION MARINE SYSTEMS LTD, CABOT
FINANCIAL LIMITED, CABOT FINANCIAL GROUP LIMITED, PALL MALL FINANCE LTD,
CONSOLIDATED LAND SERVICES (SOUTH WALES) LTD, O M E 1987 LTD, D S C (CARGO
SECURERS) LTD, PRESTIGE ACQUISITIONS LTD, PALL MALL BERMUDA LTD, ROADCHEF
LTD, PD PORTS GROUP LTD, MSA ACQUISITIONS CO. LTD, PORTS HOLDINGS LTD, PD
PORTCO LTD, LONDON & LOCHSIDE INVESTMENTS LTD
|
|
DIRECTOR
|
MR ALEXANDER MEREDITH HAYES
|
|
Occupation
|
DIRECTOR
|
|
Address
|
58 BAWNMORE ROAD, , RUGBY , WARWICKSHIRE , CV22
7QW
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
05/04/1956
|
|
Appointment Date
|
28/02/2007
|
|
Other Appointments
|
CAWRT MANAGEMENT
SOLUTIONS LTD, CEGELEC INTERNATIONAL LTD, FACEO FM UK LTD, QUARTZTEAM LTD,
QUARTZELEC LTD
|
|
DIRECTOR
|
MR ALAN WILLIAM PARDON
|
|
Occupation
|
DIRECTOR
|
|
Address
|
HILL VIEW, ALWESTON, ALWESTON , SHERBORNE , DORSET
, DT9 5JR
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
16/09/1955
|
|
Appointment Date
|
28/02/2007
|
|
Other Appointments
|
CAPEL HALL
ASSOCIATES LTD, HAMWORTHY COMBUSTION MARINE SYSTEMS LTD, INDUSTRAMAR LTD,
HAMWORTHY COMBUSTION SYSTEMS LTD, AIROIL-FLAREGAS HOLDINGS LTD,
AIROIL-FLAREGAS LTD, HAMWORTHY COMBUSTION EQUIPMENT (HOLDINGS) LTD, PEABODY
ENGINEERING LTD, DIODES ZETEX UK LTD, DIODES ZETEX SEMICONDUCTORS LTD, JAP
COMPUTING LTD, WESTLAND TRANSMISSIONS LTD, WESTLAND INDUSTRIAL PRODUCTS
LTD, WESTLAND SYSTEM ASSESSMENT LTD, G K N WESTLAND DESIGN SERVICES LTD,
WESTLAND INDUSTRIES LTD
|
|
DIRECTOR
|
MR ANDREW JAMES LEA
|
|
Occupation
|
INVESTMENT BANKER
|
|
Address
|
FLAT 2 8 GAUDEN ROAD, CLAPHAM , LONDON , SW4 6LT
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
14/03/1980
|
|
Appointment Date
|
07/07/2008
|
|
Other Appointments
|
POWELL DUFFRYN LTD, POWELL DUFFRYN TRUSTEES LTD
|
|
SECRETARY
|
MR ALAN BARLOW
|
|
Address
|
ANNES BUNCH LANE, , HASLEMERE , SURREY , GU27
1AE
|
|
Country of Origin
|
BRITISH
|
|
Date of Birth
|
28/12/1947
|
|
Appointment Date
|
02/05/2003
|
Recently Resigned Directors
(last 3)
|
|
|
|
DIRECTOR
|
MR PETER GISSEL
|
|
Occupation
|
Chartered Accountant
|
|
Address
|
29A ABBOTSWOOD , , GUILDFORD , SURREY , GU1 1UZ
|
|
Country of Origin
|
Danish
|
|
Date of Birth
|
30/12/1963
|
|
Resignation Date
|
12/05/2008
|
|
DIRECTOR
|
MS ANGELA MARY JUDDERY
|
|
Occupation
|
Accountant
|
|
Address
|
111 SURREY ROAD , , POOLE , DORSET , BH12 1HQ
|
|
Country of Origin
|
British
|
|
Date of Birth
|
30/03/1956
|
|
Resignation Date
|
30/10/2006
|
|
DIRECTOR
|
MR RICHARD FREDERICK INGRAM
|
|
Occupation
|
Spares Service Director
|
|
Address
|
60 RICHARD COTTAGE , THE BIGHT, CHARLTON , PERSHORE
, WORCESTERSHIRE , WR10 3LF
|
|
Country of Origin
|
British
|
|
Date of Birth
|
05/08/1951
|
|
Resignation Date
|
31/10/2005
|
Share Summary
|
Share Currency:
|
GBP
|
|
|
|
Principal Shareholders:
|
Type Of Share
|
No. of Shares
|
Value
|
Voting %age
|
|
|
|
|
|
|
HAMWORTHY ENGINEERING LTD
|
ORD
|
18,906,610
|
18,906,610.00
|
100.00
|
|
|
|
|
|
Mortgages and Charges
|
|
|
|
Total Registered
|
4
|
|
Total Outstanding
|
1
|
|
Total Satisfied
|
3
|
|
Most Recent Mortgage
|
10/09/2004
|
|
|
|
|
Date Registered
|
25/09/2004
|
|
Type
|
395
|
|
Date Created
|
10/09/2004
|
|
Lender
|
BARCLAYS BANK PLC
|
|
Secured On
|
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY ANDOR ALL OR ANY OF
THE OTHER COMPANIES NAMED THEREIN TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
|
|
Details
|
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY
|
|
Satisfied?
|
No
|
|
|
|
|
Date Registered
|
23/03/2001
|
|
Type
|
395
|
|
Date Created
|
13/03/2001
|
|
Lender
|
DEUTSCHE BANK AG, LONDON, ON BEHALF OF ITSELF AND THE FINANCE
PARTIES
|
|
Secured On
|
ALL MONEYS, OBLIGATIONS AND LIABILITIES DUE OR TO BECOME DUE FROM
THE COMPANY TO THE SECURITY AGENT (AS DEFINED), TO DEUTSCHE BANK AG LONDON AS
SENIOR ARRANGER, SECURITISATION BRIDGE ARRANGER, LNG ARRANGER, TO DEUTSCHE
BANK AG LONDON ANDOR ALL AND ANY UNDER LENDERS PARTICIPATING IN THE WORKING
CAPITAL FACILITY THE SENIOR FACILITIES AGREEMENT (AS DEFINED) AND PURSUANT
TO VARIOUS DOCUMENTS AND AGREEMENTS (AS DEFINED)
|
|
Details
|
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS
|
|
Satisfied?
|
Fully
|
|
|
|
|
Date Registered
|
02/01/2001
|
|
Type
|
395
|
|
Date Created
|
21/12/2000
|
|
Lender
|
DEUTSCHE BANK AG, LONDON, ON BEHALF OF ITSELF AND THE FINANCE
PARTIES
|
|
Secured On
|
ALL MONEYS, OBLIGATIONS AND LIABILITIES DUE OR TO BECOME DUE FROM
THE COMPANY TO THE SECURITY AGENT (AS DEFINED), TO DEUTSCHE BANK AG LONDON
AS SENIOR ARRANGER, SECURITISATION BRIDGE ARRANGER, LNG ARRANGER, TO
DEUTSCHE BANK AG LONDON ANDOR ALL AND ANY LENDERS PARTICIPATING IN THE
WORKING CAPITAL FACILITY UNDER THE SENIOR FACILITIES AGREEMENT (AS DEFINED)
AND PURSUANT TO VARIOUS DOCUMENTS AND AGREEMENTS (AS DEFINED)
|
|
Details
|
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND
ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL
BUILDINGS FIXTURES FIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS
|
|
Satisfied?
|
Fully
|
|
|
|
|
Date Registered
|
10/09/1962
|
|
Type
|
9999
|
|
Date Created
|
21/08/1962
|
|
Lender
|
THE PRUDENTIAL ASSURANCE COMPANY LTD.
|
|
Secured On
|
FOR FURTHER SECURING 600,000 DEBENTURE STOCK OF HAMWORTHY
ENGINEERING LTD. SECURED BY A TRUST DEED DATED 21ST JULY 1961 AND AN
INCREASED RATE OF INTRST THEREON.
|
|
Details
|
UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING
UNCALLED CAPITAL
|
|
Satisfied?
|
Fully
|
Public Record Information
Summary of
CCJ's/Scottish Decrees
|
There are no unsatisfied CCJs against the company.
|
Operations
|
|
|
|
Activities
|
Manufacturers of gas-oil burners
|
|
Sic Code
|
Description
|
|
2875
|
Manufacture of other fabricated metal products not elsewhere
classified
|
|
Staff Employed
|
346
|
|
Auditors
|
PricewaterhouseCoopers LLP
|
|
Auditors Notes
|
No Qualification. The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the latest accounts.
|
Financial Data
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/03/2008
|
31/03/2007
|
31/03/2006
|
31/03/2005
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Units
|
000
|
000
|
000
|
units
|
|
Consolidated?
|
No
|
No
|
No
|
No
|
|
SALES
|
43,710
|
39,668
|
21,183
|
-
|
|
Export Sales
|
33,933
|
30,833
|
16,433
|
-
|
|
Cost of goods sold
|
35,602
|
31,788
|
14,310
|
-
|
|
GROSS PROFIT
|
8,108
|
7,880
|
6,873
|
-
|
|
General administration costs (-)
|
7,353
|
6,663
|
5,743
|
-
|
|
Wages and Salaries
|
12,205
|
10,857
|
4,470
|
-
|
|
Depreciation
|
401
|
353
|
266
|
-
|
|
Net Operating Profit(Loss)
|
755
|
1,222
|
1,168
|
-
|
|
Non Trading Income
|
130
|
-
|
1
|
-
|
|
Other financial income
|
4
|
-
|
-
|
-
|
|
Total Non Trading Income
|
134
|
0
|
36
|
-
|
|
Interest expenses & similar (-)
|
205
|
392
|
108
|
-
|
|
Other financial charges
|
144
|
79
|
-
|
-
|
|
Financial Expenses
|
349
|
471
|
108
|
-
|
|
PRE TAX PROFIT
|
540
|
751
|
1,096
|
-
|
|
Other Taxation
|
113
|
314
|
-135
|
-
|
|
Taxation
|
33
|
77
|
387
|
-
|
|
PROFIT AFTER TAX
|
394
|
360
|
844
|
-
|
|
Net Profit
|
394
|
360
|
844
|
-
|
|
Dividends Payable
|
1,000
|
0
|
0
|
-
|
|
RETAINED PROFITS
|
-606
|
360
|
844
|
-
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/03/2008
|
31/03/2007
|
31/03/2006
|
31/03/2005
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Units
|
000
|
000
|
000
|
units
|
|
Consolidated?
|
No
|
No
|
No
|
No
|
|
TOTAL FIXED ASSETS
|
15,517
|
15,149
|
13,094
|
0
|
|
Plant, machinery & equipment
|
3,251
|
2,934
|
2,267
|
-
|
|
Intermediate Assets
|
11,481
|
11,387
|
9,956
|
-
|
|
Intangible Assets
|
785
|
828
|
871
|
-
|
|
TOTAL CURRENT ASSETS
|
27,519
|
22,102
|
19,570
|
208,514
|
|
Stocks
|
8,483
|
4,855
|
3,389
|
-
|
|
Trade Debtors
|
12,248
|
11,603
|
12,445
|
-
|
|
Other Receivables
|
353
|
530
|
469
|
-
|
|
Prepaid expenses
|
556
|
409
|
408
|
-
|
|
Group Loans
|
2,273
|
1,969
|
2,045
|
208,514
|
|
Cash
|
3,606
|
2,736
|
679
|
-
|
|
TOTAL ASSETS
|
43,036
|
37,251
|
32,664
|
208,514
|
|
TOTAL CURRENT LIABILITIES
|
22,099
|
16,835
|
12,650
|
0
|
|
Trade Creditors
|
14,202
|
9,881
|
8,288
|
-
|
|
Taxes
|
802
|
749
|
645
|
-
|
|
Other Current Liabilities
|
756
|
745
|
687
|
-
|
|
Due From Group
|
5,906
|
5,022
|
2,478
|
-
|
|
Hire Purchase
|
56
|
126
|
112
|
-
|
|
Accruals & deferred income
|
377
|
312
|
440
|
-
|
|
WORKING CAPITAL
|
5,420
|
5,267
|
6,920
|
0
|
|
TOTAL LONG TERM LIABS
|
431
|
394
|
352
|
0
|
|
Taxation
|
285
|
172
|
-
|
-
|
|
Total Hire Purchase / Leasing
|
14
|
158
|
253
|
-
|
|
Other Long Term Liabilities
|
132
|
64
|
99
|
-
|
|
NET ASSETS/(LIABILITIES)
|
20,937
|
20,416
|
20,014
|
0
|
|
SHARE CAPITAL + RESERVES
|
20,506
|
20,022
|
19,662
|
208,514
|
|
Issued Share Capital
|
20,000
|
18,910
|
18,910
|
300,000
|
|
Share Premium Accounts
|
20
|
20
|
20
|
20,315
|
|
Profit and Loss account
|
486
|
1,092
|
732
|
-111,801
|
|
SHAREHOLDERS FUNDS
|
20,506
|
20,022
|
19,662
|
208,514
|
|
CAPITAL EMPLOYED
|
20,937
|
20,416
|
20,014
|
208,514
|
|
TANGIBLE NET WORTH
|
19,721
|
19,194
|
18,791
|
208,514
|
|
Accounts Date
|
31/03/2008
|
31/03/2007
|
31/03/2006
|
31/03/2005
|
|
Current Ratio
|
1.25
|
1.31
|
1.55
|
-
|
|
Profit Before Tax
|
0.01
|
0.02
|
0.05
|
-
|
|
Creditors Days (D.P.O)
|
145.60
|
113.46
|
211.40
|
-
|
|
Quick Ratio
|
0.86
|
1.02
|
1.28
|
-
|
|
Return on Assets
|
1.75
|
3.00
|
5.02
|
-
|
|
T.N.W/Total Assets
|
0.46
|
0.52
|
0.58
|
1.00
|
|
Return on Capital
|
2.58
|
3.68
|
5.48
|
-
|
|
Working Capital/Sales
|
0.00
|
0.00
|
0.00
|
-
|
|
Equity Gearing
|
0.47
|
0.81
|
1.90
|
-
|
|
Stock Turnover
|
0.00
|
0.00
|
0.01
|
-
|
|
Solvency (%)
|
114.24
|
89.76
|
69.19
|
-
|
|
|
|
Financial Summary
|
|
Turnover
|
Turnover increased by 10% in the period. Turnover totalled GBP
43,710,000 for the period.
|
|
Operating Profit
|
Totalled GBP 755,000 In the period prior a profit of GBP
1,222,000 was achieved.
|
|
Pre Tax
|
The subject made a profit of GBP 540,000 compared with a
profit of GBP 751,000 in the previous period.
|
|
Working Capital
|
The company's working capital improved in the period by 3%
|
|
Tangible Net Worth
|
Net worth increased by 527,000 during the period and now stands at
GBP 19,721,000
|
|
Fixed Assets
|
The subjects fixed assets increased during the period by GBP
317,000 to GBP 3,251,000 and are now 8% of total assets
compared with 8% in the previous period
|
|
Long Term Liabilities
|
The company's long term liabilities increased during the period by
9% and are now 2% of net worth compared with 2% in the previous period
|
|
Long Term Liabilities
|
Long term liabilities are now 1% of total assets compared with 1% in
the previous period
|
|
|
|
Previous Searches on this Company
|
|
|
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
1
|
4
|
7
|
|
|
|
Date
|
Time
|
SIC Code
|
SIC Category
|
Report Type
|
|
01/07/2008
|
5:32PM
|
5165
|
Wholesale of other machinery for use in industry, trade and
navigation
|
Keep-It-Live Comprehensive Report
|
|
05/03/2008
|
11:35AM
|
4010
|
Production and distribution of electricity
|
Keep-It-Live Comprehensive Report
|
|
05/03/2008
|
11:34AM
|
4010
|
Production and distribution of electricity
|
Keep-It-Live Comprehensive Report
|
|
06/02/2008
|
1:40PM
|
2524
|
Manufacture of other plastic products
|
Full Report
|
|
19/12/2007
|
3:29PM
|
7220
|
Software consultancy and supply
|
Full Report
|
|
12/10/2007
|
12:02PM
|
2940
|
Manufacture of machine tools
|
Snapshot Report
|
|
05/10/2007
|
10:02AM
|
6411
|
National post activities
|
Keep-It-Live Decision Report
|
|
