Company Identification Details
|
Subject Reported on
|
TEXKIMP LIMITED
|
|
Registration Number
|
04115619
|
|
Address
|
MANCHESTER
ROAD, NORTHWICH, CHESHIRE, CW9 7NN.
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 1,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
04115619
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
28/11/2000
|
|
Registered Office
|
SWAN HOUSE NEW CHESHIRE BUSINESS, WINCHAM LANE,
NORTHWICH, CHESHIRE, CW9 6GG.
|
|
History
|
9/02/2009 : The
Registered Office address changed from THE OLD SCHOOLHOUSE, MANCHESTER, ROAD,
NORTHW.
|
|
|
15/12/2005 : The
Registered Office address changed from THE OLD SCHOOLHOUSE, MANCHESTER ROAD,
NORTWIC.
|
|
|
4/12/2002 : The
Registered Office address changed from MANCHESTER ROAD, NORTHWICH, CHESHIRE, CW9 7N.
|
|
|
1/12/2000 : Change
of name from TEXKIMP (UK) LIMITED.
|
|
Date of Last
Annual Return to Registry
|
28/11/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 30/11/2009
|
|
Accounting
Reference Date
|
30/11
|
Operations
|
Activities
|
The manufacture of textile machinery.
|
|
Nace Code
|
2954
|
|
Premises
|
Factory
|
|
Staff Employed
|
36
|
|
Auditors
|
Baker Tilly UK
Audit LLP
|
|
Branches
|
SWAN HOUSE NEW CHESHIRE BUSINESS, WINCHAM LA, WINCHAM NORTHWICH, CHESHIRE, CW9
6GG.
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
22/02/2011
|
1,000
|
|
22/11/2010
|
1,000
|
|
22/08/2010
|
55,000
|
|
22/05/2010
|
55,000
|
|
22/02/2010
|
55,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
4
|
4
|
10
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
07/02/2011
|
Other retail sale in specialised stores
|
|
27/01/2011
|
Wholesale of metals and metal ores
|
|
05/01/2011
|
Wholesale of metals and metal ores
|
|
20/12/2010
|
Wholesale of metals and metal ores
|
|
30/07/2010
|
Wholesale of metals and metal ores
|
|
30/07/2010
|
Wholesale of metals and metal ores
|
|
06/04/2010
|
Other credit granting
|
|
06/04/2010
|
Other credit granting
|
|
01/04/2010
|
Other credit granting
|
|
01/04/2010
|
Other credit granting
|
|
01/02/2010
|
Manufacture of pumps and compressors
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
5
|
|
Number Outstanding
|
5
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
0
|
|
|
|
|
Date of Latest Mortgage Created
|
05/11/2010
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
19/11/2010
|
05/11/2010
|
Charge Of Deposit
|
MG01
|
The Royal Bank Of Scotland Plc
|
|
|
18/05/2010
|
12/05/2010
|
Charge Of Deposit
|
MG01
|
The Royal Bank Of Scotland Plc
|
|
|
05/08/2008
|
29/07/2008
|
Debenture
|
395
|
Royal Bank Of Scotland Plc
|
|
|
24/04/2002
|
18/04/2002
|
Charge Of Deposit
|
395
|
The Royal Bank Of Scotland Plc
|
|
|
22/03/2001
|
05/03/2001
|
Charge Of Deposit
|
395
|
The Royal Bank Of Scotland Plc
|
|
It should be noted that there is no legal requirement to file satisfaction
details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
13/11/2009
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
11/11/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
31/03/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
15/12/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
14/12/2000
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MRS JANET EILEEN SMITH
|
|
Service Address
|
ARNGIBBON
LEGH ROAD, KNUTSFORD, CHESHIRE, WA16 8NT.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
22/07/1941
|
|
Appointment Date
|
29/11/2000
|
|
Other Directorships
|
TEXKIMP (UK)
LIMITED, CYGNET (ENGINEERING) DEVELOPMENTS LIMITED, SELF
ENERGISING COUPLING COMPANY LIMITED, SECC HYDRAULICS
LIMITED, CYGNET GROUP LIMITED, SECC OIL AND GAS LIMITED, SECC
MINING LIMITED, SECC NUCLEAR LIMITED
|
Directors
|
Director
|
MRS JANET EILEEN SMITH
|
|
Service Address
|
ARNGIBBON
LEGH ROAD, KNUTSFORD, CHESHIRE, WA16 8NT.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
22/07/1941
|
|
Appointment Date
|
29/11/2000
|
|
Other Directorships
|
TEXKIMP (UK)
LIMITED, CYGNET (ENGINEERING) DEVELOPMENTS LIMITED, SELF
ENERGISING COUPLING COMPANY LIMITED, SECC HYDRAULICS
LIMITED, CYGNET GROUP LIMITED, SECC OIL AND GAS
LIMITED, SECC MINING LIMITED, SECC NUCLEAR LIMITED
|
|
Director
|
MR COLIN PHILLIP SMITH
|
|
Service Address
|
ARNGIBBON
LEGH ROAD, KNUTSFORD, CHESHIRE, WA16 8NT.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
08/05/1939
|
|
Appointment Date
|
29/11/2000
|
|
Other Directorships
|
TEXKIMP (UK)
LIMITED, CYGNET GROUP LIMITED
|
|
Accountant
|
MR MATTHEW JAMES KIMPTON SMITH
|
|
Service Address
|
THE OLD VICARAGE NORLEY
ROAD, NORLEY, FRODSHAM, CHESHIRE, WA6 8NE.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
26/04/1967
|
|
Appointment Date
|
29/11/2000
|
|
Other Directorships
|
TEXKIMP (UK)
LIMITED, CYGNET (ENGINEERING) DEVELOPMENTS LIMITED, CYGNIS
LIMITED, SELF ENERGISING COUPLING COMPANY LIMITED, SECC
HYDRAULICS LIMITED, CYGNET GROUP LIMITED, SECC OIL AND GAS
LIMITED, SECC MINING LIMITED, SECC NUCLEAR
LIMITED, ENGINEERING PARTNERSHIPS LIMITED, SEVERED ALLIANCE
LIMITED, PERPETUAL ENGINEERING PARTNERSHIPS LIMITED, PEARL
DISTRIBUTION LIMITED, PRONOVUS LIMITED
|
|
Director
|
MR THOMAS ANTHONY HEAP
|
|
Service Address
|
24 WOODHOUSE
LANE, GAWSWORTH, MACCLESFIELD, CHESHIRE, SK11
9QQ.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
14/03/1947
|
|
Appointment Date
|
08/12/2005
|
|
Sales Director
|
MR PETER HENRY BANHAM
|
|
Service Address
|
20 YEW TREE
AVENUE, SAUGHALL, CHESTER,
CHESHIRE, CH1 6HB.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
13/07/1970
|
|
Appointment Date
|
08/12/2005
|
|
Other Directorships
|
CYGNET GROUP LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
1,200
|
|
Principal Shareholder
|
1,200 Cygnet Group Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
CYGNET GROUP LIMITED
|
|
Ultimate Parent
|
CYGNET GROUP LIMITED
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/11/2009
|
30/11/2008
|
30/11/2007
|
30/11/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
7199
|
8243
|
6286
|
|
|
UK sales
|
183
|
359
|
180
|
|
|
Export
|
7016
|
7884
|
6106
|
|
|
Cost of goods sold
|
5972
|
5419
|
3583
|
|
|
GROSS PROFIT
|
1227
|
2824
|
2703
|
|
|
Wages and Salaries
|
1136
|
899
|
803
|
|
|
Directors Emoluments
|
375
|
337
|
452
|
|
|
Auditors Fees
|
7
|
7
|
6
|
|
|
Non-Audit Fees
|
|
14
|
3
|
|
|
Trading Profit
|
(790)
|
918
|
1175
|
|
|
Depreciation
|
54
|
48
|
47
|
|
|
OPERATING PROFIT
|
(844)
|
870
|
1128
|
|
|
Non Trading Income
|
59
|
99
|
39
|
|
|
Interest Payable
|
1
|
13
|
11
|
|
|
PRE TAX PROFIT
|
(786)
|
956
|
1156
|
|
|
Taxation
|
(223)
|
240
|
340
|
|
|
PROFIT AFTER TAX
|
(563)
|
716
|
816
|
|
|
Dividends Payable
|
|
1100
|
|
|
|
RETAINED PROFITS
|
(563)
|
(384)
|
816
|
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/11/2009
|
30/11/2008
|
30/11/2007
|
30/11/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
1052
|
899
|
410
|
250
|
|
Tangible Assets
|
1052
|
899
|
410
|
250
|
|
Fixed Assets
|
175
|
145
|
121
|
|
|
Due From Group
|
877
|
754
|
289
|
111
|
|
Other Tangible Fixed
|
|
|
|
139
|
|
TOTAL CURRENT ASSETS
|
3819
|
3876
|
3080
|
2480
|
|
Trade debtors
|
1655
|
1700
|
1374
|
|
|
Stocks
|
82
|
164
|
177
|
366
|
|
Other Current Assets
|
2082
|
2012
|
1529
|
2114
|
|
Misc Current Assets
|
449
|
405
|
255
|
|
|
Due From Group
|
675
|
|
|
1325
|
|
Cash
|
958
|
1607
|
1274
|
789
|
|
TOTAL ASSETS
|
4871
|
4775
|
3490
|
2730
|
|
TOTAL CURRENT LIABILITIES
|
4612
|
3947
|
2159
|
2227
|
|
Trade creditors
|
690
|
1077
|
745
|
2227
|
|
Short Term Loans
|
953
|
|
20
|
|
|
Bank Loans
|
858
|
|
|
|
|
Due To Group
|
95
|
|
20
|
|
|
Other Liabilities
|
2969
|
2870
|
1394
|
|
|
WORKING CAPITAL
|
(793)
|
(71)
|
921
|
253
|
|
TOTAL LONG TERM LIABS
|
|
6
|
125
|
113
|
|
Long Term Loans
|
|
|
121
|
|
|
Due To Group
|
|
|
121
|
|
|
Other Liabilities
|
|
6
|
4
|
|
|
NET ASSETS/(LIABILITIES)
|
259
|
822
|
1206
|
390
|
|
SHARE CAPITAL + RESERVES
|
259
|
822
|
1206
|
390
|
|
Share Cap + Sundry Res
|
1
|
1
|
1
|
1
|
|
Issued Share Capital
|
1
|
1
|
1
|
|
|
Profit and Loss account
|
258
|
821
|
1205
|
389
|
|
SHAREHOLDERS FUNDS
|
259
|
822
|
1206
|
390
|
|
CAPITAL EMPLOYED
|
259
|
828
|
1331
|
503
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/11/2009
|
30/11/2008
|
30/11/2007
|
30/11/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
|
1836
|
562
|
|
|
Increase in Cash
|
|
333
|
485
|
|
|
Directors Remuneration
|
375
|
337
|
452
|
|
|
Auditors Remuneration
|
7
|
7
|
6
|
|
|
Liquid Assets
|
2613
|
3307
|
2648
|
789
|
|
Net Working Capital
|
(793)
|
(71)
|
921
|
253
|
|
Long Term Debt(>12 Months)
|
|
|
121
|
|
|
Other Deferred Liabs
|
|
6
|
4
|
113
|
|
Tangible Net Worth(T.N.W)
|
259
|
822
|
1206
|
390
|
|
Equity
|
259
|
822
|
1206
|
390
|
|
Number of Years Trading
|
9
|
8
|
7
|
6
|
|
Number of Employees
|
36
|
40
|
34
|
|
|
Profit per Employee
|
(21833.3)
|
23900
|
34000
|
|
|
Sales per Employee
|
199972.2
|
206075
|
184882.4
|
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
30/11/2009
|
30/11/2008
|
30/11/2007
|
30/11/2006
|
|
Current Ratio
|
0.8
|
1
|
1.4
|
1.1
|
|
Long Term Debt/T.N.W
|
|
|
0.1
|
|
|
Pre Tax Profit Margin%
|
(10.9)
|
11.6
|
18.4
|
|
|
Gross Profit%
|
17
|
34.3
|
43
|
|
|
Debtors Days (D.S.O)
|
84
|
75
|
80
|
|
|
Creditors Days (D.P.O)
|
35
|
48
|
43
|
|
|
Quick Ratio
|
0.8
|
0.9
|
1.3
|
0.9
|
|
W.I.P/Inventory Days
|
5
|
11
|
18
|
|
|
Return on Investment%
|
(64.8)
|
117
|
86.4
|
|
|
Return on Assets%
|
(16.1)
|
20
|
33.1
|
|
|
T.N.W/Total Assets%
|
5.3
|
17.2
|
34.6
|
14.3
|
|
Return on Capital%
|
(303.5)
|
115.5
|
86.9
|
|
|
Rtn on Shareholders Funds%
|
(303.5)
|
116.3
|
95.9
|
|
|
Working Capital/Sales%
|
(11)
|
(0.9)
|
14.7
|
|
|
Borrowing Ratio%
|
368
|
|
11.7
|
|
|
Equity Gearing%
|
5.6
|
20.8
|
52.8
|
16.7
|
|
Stock Turnover
|
87.8
|
50.3
|
35.5
|
|
|
Days Purchases Outstanding
|
42.2
|
72.5
|
75.9
|
|
|
Sales/Fixed Assets
|
41.1
|
56.8
|
52
|
|
|
Debt Gearing
|
|
|
10
|
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
865
|
1840
|
1880
|
1811
|
|
Pre-Tax Profit Margin
|
5
|
2.3
|
3.8
|
2
|
|
Current Ratio
|
1.6
|
1.6
|
1.5
|
1.5
|
|
Borrowing Ratio
|
17.4
|
22.4
|
17.6
|
17.1
|
|
Return on Capital
|
29.7
|
25.2
|
32.8
|
30.5
|
|
Creditors Days
|
96
|
53
|
69
|
77
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of other special purpose
machinery
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the accounts for the period ended
30/11/2009.
|
|
Turnover
|
|
Turnover decreased by more than 10 % in
the year and totalled GBP 7,199,000 for the period.
|
|
Operating Loss
|
|
Totalled GBP 844,000. In the year prior
a Profit of GBP 870,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject made a loss of GBP 786,000
in the period compared with a profit of GBP 956,000 in the previous period.
|
|
Working Capital
|
|
The company's working capital deficiency
increased in the period and now totals GBP 793,000.
|
|
Fixed Assets
|
|
The subject's fixed assets increased
during the year by GBP 153,000 to GBP 1,052,000 and are now 21 % of total assets
compared with 18 % in the previous year.
|
|
