Company Identification Details
|
Subject Reported on
|
BRISTAN GROUP LIMITED
|
|
Registration Number
|
01318148
|
|
VAT Number
|
GB705315956
|
|
Address
|
BIRCH COPPICE BUSINESS
PARK, DORDON, TAMWORTH, STAFFORDSHIRE, B78 1SG.
|
|
Telephone
|
0844 701 6274
|
|
Facsimile
|
0844 701 6275
|
|
Email
|
enquire@bristan.com
|
|
Web Address
|
www.bristan.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 875,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01318148
|
|
VAT Number
|
GB705315956
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
22/06/1977
|
|
Registered Office
|
1 PARK ROW, LEEDS, WEST YORKSHIRE,
LS1 5AB.
|
|
History
|
22/10/2009 : The
Registered Office address changed from FIFTH FLOOR, 9-10 MARKET PLACE, LONDON,
W1W 8.
|
|
|
11/04/2006 : Change
of name from BRISTAN LIMITED.
|
|
|
2/04/2004 : The Registered
Office address changed from 4TH FLOOR, 111-113 GREAT PORTLAND STREET, LON.
|
|
|
26/07/2002 : The
Registered Office address changed from LAGRANGE, LICHFIELD ROAD INDUSTRIAL
ESTATE, T.
|
|
|
24/02/1995 : The Registered
Office address changed from 6 GERARD, LICHFIELD ROAD INDUSTRIAL ESTATE, T.
|
|
|
2/06/1989 : Change
of name from BRISTAN METALS LIMITED.
|
|
|
At heading address
since 5/1989.
|
|
|
Previously located
at CLARKES IND EST,GATE LANE,
SUTTON COLDFIELD.
|
|
Date of Last Annual Return to Registry
|
15/01/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2009
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
Manufacturers of commercial and domestic taps, showers and bathroom
fittings.
|
|
Nace Code
|
5154
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
491
|
|
Trading Divisions
|
A & J GUMMERS
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
No Export Activity
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
TAMWORTH.
|
|
Sort Code
|
208513
|
|
Auditors
|
PricewaterhouseCoopers LLP
|
|
Branches
|
UNIT H, REDFERN PARK WAY,
TYSELEY, BIRMINGHAM, B11 2DN.
|
|
Subsidiaries
|
A & J GUMMERS LIMITED
|
|
|
CB MANUFACTURING
LIMITED
|
|
|
HERITAGE BATHROOMS
DISTRIBUTION LIMITED
|
|
|
HERITAGE BATHROOMS
LIMITED
|
|
|
HERITAGE J CERAMICS
LIMITED
|
|
|
IMPERIAL TOWEL RAILS
LIMITED
|
|
|
JOHN SYDNEY LIMITED
|
|
|
NEWTEAM PLASTICS
LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
03/01/2011
|
875,000
|
|
03/10/2010
|
1,125,000
|
|
03/07/2010
|
830,000
|
|
03/04/2010
|
1,100,000
|
|
03/01/2010
|
847,000
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
Period
|
Last 72 Months
|
Last 36 Months
|
|
Amount Summary
|
882
|
882
|
|
Count Summary
|
2
|
2
|
|
Unsettled Amount Summary
|
882
|
882
|
|
Details of the most recent CCJ's/Scottish Decrees
|
|
Date
|
Amount
|
Type
|
Case No
|
Satisfied
|
Court
|
|
17/12/2008
|
787
|
Judgment
|
8QZ35481
|
|
NORTHAMPTON CCBC
|
|
19/05/2008
|
95
|
Judgment
|
8QT39797
|
|
NORTHAMPTON CCBC
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
9
|
|
Number Outstanding
|
2
|
|
Number Partially Satisfied
|
1
|
|
Number Satisfied
|
6
|
|
|
|
|
Date of Latest Mortgage Created
|
16/12/1997
|
|
Date of Latest Partial Satisfaction
|
05/02/1998
|
|
Date of Latest Satisfaction
|
26/07/2002
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
06/01/1998
|
16/12/1997
|
Letter Of Set-Off
|
395
|
The Governor And Company Of The Bank Of Scotland
|
|
|
24/12/1997
|
16/12/1997
|
Debenture
|
395
|
The Governor And Company Of The Bank Of Scotland
|
|
26/07/2002
|
24/12/1997
|
16/12/1997
|
Debenture
|
395
|
3I Plc
|
|
|
05/04/1990
|
27/03/1990
|
Mortgage Debenture
|
N/A
|
National Westminster Bank Plc
|
|
11/11/1997
|
02/04/1990
|
27/03/1990
|
Legal Mortgage
|
N/A
|
National Westminster Bank Plc
|
|
24/06/1992
|
27/04/1989
|
18/04/1989
|
Mortgage
|
N/A
|
Lloyds Bank Plc
|
|
23/06/1992
|
|
18/04/1989
|
Mortgage
|
N/A
|
|
|
25/06/1992
|
|
03/04/1984
|
Mortgage
|
N/A
|
|
|
25/01/1993
|
31/10/1991
|
21/10/1991
|
Debenture
|
N/A
|
Gabriel Enterprise Ltd
|
|
It should be noted that there is no legal requirement to file satisfaction
details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
15/09/2010
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or agreement
required to be embodied in or annexed to copies of the company's articles
issued by
|
|
15/07/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
30/06/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
24/06/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
10/11/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
23/07/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
05/04/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
07/07/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
03/10/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
21/01/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
19/08/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
11/05/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
09/08/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
26/07/2002
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
26/07/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
30/01/1998
|
Companies House Gazette
|
Change among directors of a company
|
|
31/12/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
20/12/1997
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
22/05/1997
|
Companies House Gazette
|
Change among directors of a company
|
|
02/08/1996
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
PINSENT MASONS SECRETARIAL LIMITED
|
|
Service Address
|
1 PARK ROW, LEEDS, WEST YORKSHIRE,
LS1 5AB.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Appointment Date
|
08/10/2009
|
Directors
|
Financial Controller
|
GRAHAM FRANCIS BALLS
|
|
Service Address
|
69 ALFRED-ULRICH-STRASSE, 71711 STEINHEIM.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
21/07/1957
|
|
Appointment Date
|
07/06/2002
|
|
Other Directorships
|
MOORES FURNITURE GROUP LIMITED, BERGLEN 1997 LIMITED, BERGLEN
GROUP LIMITED, MASCO CORPORATION LIMITED, MOORE GROUP
LIMITED, CAMBRIAN WINDOWS LIMITED, MASCOCARE
LIMITED, NEWTEAM PLASTICS LIMITED, MASCO UK WINDOW GROUP
LIMITED, PREMIER TRADE FRAMES LIMITED, A & J GUMMERS
LIMITED, HARPLACE LIMITED, HERITAGE BATHROOMS
LIMITED, LIBERTY HARDWARE MFG. UK LIMITED, PREMIER MANUFACTURING
(PVCU) LIMITED, STORMFRONT DOORS LIMITED, MASCO CONTRACTOR
SERVICES LIMITED, DURAFLEX LIMITED
|
|
Director
|
THOMAS VOSS
|
|
Service Address
|
29 RUE DE LUXEMBOURG,
5772 WEILER LA TOUR.
|
|
Country of Origin
|
DENMARK
|
|
Date of Birth
|
21/07/1967
|
|
Appointment Date
|
07/06/2002
|
|
Other Directorships
|
MASCO CORPORATION LIMITED, MOORE GROUP LIMITED, MASCOCARE
LIMITED, A & J GUMMERS LIMITED, HERITAGE BATHROOMS LIMITED, MASCO
CONTRACTOR SERVICES LIMITED
|
|
Director
|
JEREMY SIMON LING
|
|
Service Address
|
BIRCH COPPICE BUSINESS
PARK, DORDON, TAMWORTH, STAFFORDSHIRE, B78 1SG.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
23/05/1961
|
|
Appointment Date
|
15/07/2010
|
|
Director
|
LANCE DOMINIC GILLETT
|
|
Service Address
|
BIRCH COPPICE BUSINESS PARK DORDON, TAMWORTH, STAFFORDSHIRE, B78 1SG.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
30/06/1966
|
|
Appointment Date
|
15/07/2010
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
60,000
|
|
Principal Shareholder
|
60,000 Masco Corporation Ltd
|
|
The above reflects the principle shareholder(s) by number of shares held,
irrespective of share classification type.
|
|
Holding Company
|
MASCO CORPORATION LIMITED
|
|
Ultimate Parent
|
MASCO CORP, a company incorporated in USA
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
79114
|
93681
|
123569
|
120985
|
|
UK sales
|
75874
|
88660
|
118475
|
116063
|
|
Export
|
3240
|
5021
|
5094
|
4922
|
|
Cost of goods sold
|
46660
|
58181
|
74594
|
71851
|
|
GROSS PROFIT
|
32454
|
35500
|
48975
|
49134
|
|
Wages and Salaries
|
12884
|
15414
|
17515
|
16639
|
|
Directors Emoluments
|
48
|
279
|
793
|
421
|
|
Auditors Fees
|
175
|
223
|
296
|
229
|
|
Non-Audit Fees
|
31
|
3
|
40
|
70
|
|
Trading Profit
|
2086
|
(28852)
|
3810
|
12963
|
|
Depreciation
|
2239
|
1972
|
2971
|
2108
|
|
OPERATING PROFIT
|
(153)
|
(30824)
|
839
|
10855
|
|
Non Trading Income
|
36
|
620
|
1025
|
(231)
|
|
Interest Payable
|
691
|
1238
|
1747
|
1317
|
|
PRE TAX PROFIT
|
(808)
|
(31442)
|
117
|
9307
|
|
Taxation
|
(121)
|
(720)
|
2289
|
2145
|
|
PROFIT AFTER TAX
|
(687)
|
(30722)
|
(2172)
|
7162
|
|
Dividends Payable
|
|
|
|
7000
|
|
RETAINED PROFITS
|
(687)
|
(30722)
|
(2172)
|
162
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
45268
|
47786
|
80585
|
111269
|
|
Tangible Assets
|
24058
|
25075
|
28838
|
50727
|
|
Fixed Assets
|
14433
|
16308
|
20071
|
22520
|
|
Intermediate assets
|
9625
|
8767
|
8767
|
28207
|
|
Intangible Assets
|
21210
|
22711
|
51747
|
60542
|
|
TOTAL CURRENT ASSETS
|
52033
|
48645
|
65846
|
64573
|
|
Trade debtors
|
13574
|
14608
|
23048
|
27104
|
|
Stocks
|
11715
|
15765
|
17367
|
29039
|
|
Other Current Assets
|
26744
|
18272
|
25431
|
8430
|
|
Misc Current Assets
|
1330
|
2350
|
1512
|
1906
|
|
Due From Group
|
22810
|
13614
|
22888
|
3589
|
|
Cash
|
2604
|
2308
|
1031
|
2935
|
|
TOTAL ASSETS
|
97301
|
96431
|
146431
|
175842
|
|
TOTAL CURRENT LIABILITIES
|
26054
|
24079
|
33319
|
60920
|
|
Trade creditors
|
9338
|
6967
|
10032
|
16407
|
|
Short Term Loans
|
9351
|
10051
|
10485
|
30316
|
|
Bank Overdraft
|
9
|
42
|
23
|
41
|
|
Other Finance
|
149
|
111
|
72
|
33
|
|
Due To Group
|
9193
|
9898
|
10390
|
30242
|
|
Other Liabilities
|
7365
|
7061
|
12802
|
14197
|
|
WORKING CAPITAL
|
25979
|
24566
|
32527
|
3653
|
|
TOTAL LONG TERM LIABS
|
9879
|
10294
|
20329
|
19964
|
|
Long Term Loans
|
7134
|
7120
|
19376
|
19608
|
|
Bank Loans
|
|
7120
|
|
|
|
Other Finance
|
7134
|
|
7404
|
7636
|
|
Due To Group
|
|
|
11972
|
11972
|
|
Other Liabilities
|
2745
|
3174
|
953
|
356
|
|
NET ASSETS/(LIABILITIES)
|
61368
|
62058
|
92783
|
94958
|
|
SHARE CAPITAL + RESERVES
|
61368
|
62058
|
92783
|
94958
|
|
Share Cap + Sundry Res
|
89122
|
89125
|
89128
|
89131
|
|
Issued Share Capital
|
60
|
60
|
60
|
60
|
|
Sundry Reserves
|
89062
|
89065
|
89068
|
89071
|
|
Profit and Loss account
|
(27754)
|
(27067)
|
3655
|
5827
|
|
SHAREHOLDERS FUNDS
|
61368
|
62058
|
92783
|
94958
|
|
CAPITAL EMPLOYED
|
71247
|
72352
|
113112
|
114922
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
48
|
279
|
793
|
421
|
|
Auditors Remuneration
|
175
|
223
|
296
|
229
|
|
Liquid Assets
|
16178
|
16916
|
24079
|
30039
|
|
Net Working Capital
|
25979
|
24566
|
32527
|
3653
|
|
Long Term Debt(>12 Months)
|
7134
|
7120
|
19376
|
19608
|
|
Other Deferred Liabs
|
2745
|
3174
|
953
|
356
|
|
Tangible Net Worth(T.N.W)
|
40158
|
39347
|
41036
|
34416
|
|
Equity
|
61368
|
62058
|
92783
|
94958
|
|
Number of Years Trading
|
32
|
31
|
30
|
29
|
|
Number of Employees
|
491
|
644
|
734
|
819
|
|
Profit per Employee
|
(1645.6)
|
(48823)
|
159.4
|
11363.9
|
|
Sales per Employee
|
161128.3
|
145467.4
|
168350.1
|
147722.8
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Current Ratio
|
2
|
2
|
2
|
1.1
|
|
Long Term Debt/T.N.W
|
0.2
|
0.2
|
0.5
|
0.6
|
|
Pre Tax Profit Margin%
|
(1)
|
(33.6)
|
0.1
|
7.7
|
|
Gross Profit%
|
41
|
37.9
|
39.6
|
40.6
|
|
Debtors Days (D.S.O)
|
63
|
57
|
68
|
82
|
|
Creditors Days (D.P.O)
|
43
|
27
|
30
|
49
|
|
Quick Ratio
|
1.5
|
1.4
|
1.5
|
0.6
|
|
W.I.P/Inventory Days
|
91.6
|
98.9
|
85
|
147.5
|
|
Return on Investment%
|
(0.1)
|
(36.7)
|
1.5
|
7.3
|
|
Return on Assets%
|
(0.8)
|
(32.6)
|
0.1
|
5.3
|
|
T.N.W/Total Assets%
|
41.3
|
40.8
|
28
|
19.6
|
|
Return on Capital%
|
(1.1)
|
(43.5)
|
0.1
|
8.1
|
|
Rtn on Shareholders Funds%
|
(1.3)
|
(50.7)
|
0.1
|
9.8
|
|
Working Capital/Sales%
|
32.8
|
26.2
|
26.3
|
3
|
|
Borrowing Ratio%
|
41.1
|
43.6
|
72.8
|
145.1
|
|
Equity Gearing%
|
170.8
|
180.5
|
172.9
|
117.4
|
|
Stock Turnover
|
6.8
|
5.9
|
7.1
|
4.2
|
|
Days Purchases Outstanding
|
73
|
43.7
|
49.1
|
83.3
|
|
Sales/Fixed Assets
|
5.5
|
5.7
|
6.2
|
5.4
|
|
Debt Gearing
|
17.8
|
18.1
|
47.2
|
57
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
1717
|
6404
|
6594
|
6687
|
|
Pre-Tax Profit Margin
|
3.8
|
2.6
|
3.6
|
4.5
|
|
Current Ratio
|
1.6
|
1.7
|
1.5
|
1.5
|
|
Borrowing Ratio
|
86.2
|
91.5
|
104.2
|
108.3
|
|
Return on Capital
|
21.2
|
20.3
|
25.6
|
30.5
|
|
Creditors Days
|
48
|
51
|
54
|
74
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean opinion
(i.e. unqualified with no referrals) on the accounts for the period ended
31/12/2009.
|
|
Turnover
|
|
Turnover decreased by more than 10 % in
the year and totalled GBP 79,114,000 for the period.
|
|
Operating Loss
|
|
Totalled GBP 153,000. In the year prior
a Loss of GBP 30,824,000 was achieved.
|
|
Pre Tax Profit
|
|
A loss of GBP 808,000 was made in the
period compared with a loss of GBP 31,442,000 in the previous period, a
reduction of 97 %.
|
|
Working Capital
|
|
The subject's working capital has
improved by 1,413,000 in the period.
|
|
Net Worth
|
|
Net worth reduced by GBP 690,000 during
the period and now stands at GBP 61,368,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced during
the year by GBP 2,518,000 to GBP 45,268,000 and are now 46 % of total
assets compared with 49 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities reduced
during the period by 4 % and are now 16 % of net worth compared with 17 %
in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 10 % of
total liabilities compared with 11 % in the previous period.
|
|
