Company Identification Details
|
Subject Reported on
|
CINETIC LANDIS LIMITED
|
|
Registration Number
|
05577045
|
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VAT Number
|
GB868078281
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Address
|
EASTBURN WORKS, SKIPTON ROAD CROSS HILLS, KEIGHLEY, WEST YORKSHIRE,
BD20 7SD.
|
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Telephone
|
01535 633 211
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Facsimile
|
01535 635 493
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Email
|
jboyd@cinetic-landis.co.uk
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Web Address
|
www.cinetic-landis.co.uk
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Creditline Recommendations
|
Monthly Credit Guide
|
GBP 325,000
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Official Company Data
|
Legal Form
|
Private Limited
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Registration Number
|
05577045
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VAT Number
|
GB868078281
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Subject Status
|
Trading
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Date of Incorporation
|
28/09/2005
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Registered Office
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EASTBURN WORKS, SKIPTON ROAD CROSS HILLS, KEIGHLEY, BD20 7SD.
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History
|
8/02/2008 : Change
of name from CINETIC LANDIS GRINDING LIMITED.
|
|
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23/12/2005 : The
Registered Office address changed from 20-22 BEDFORD ROW, LONDON, WC1R 4JS,
WC1R 4JS.
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Date of Last Annual Return to Registry
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28/09/2010
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Accounts
|
The last filed accounts at Companies House are those to 31/12/2009
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Accounting Reference Date
|
31/12
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Operations
|
Activities
|
The sale, design, manufacture, installation, servicing and
maintenance of machine tools and other precision engineering equipment.
Commenced trading 28.9.05.
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Nace Code
|
2943
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Premises
|
Owned,Offices,Warehouse,Factory
|
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Staff Employed
|
290
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Trading Divisions
|
CRANFIELD PRECISION
|
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Trade Names
|
LANDIS LUND
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Import Countries
|
ALL OVER THE WORLD
|
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Export Countries
|
ALL OVER THE WORLD
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Bankers
|
BARCLAYS BANK PLC
|
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Address
|
BIRMINGHAM.
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Sort Code
|
200771
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Auditors
|
Deloitte LLP
|
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Branches
|
90 CENTRAL AVENUE,
CRANFIELD, BUCKINGHAMSHIRE, MK30 0JR.
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
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|
4
|
5
|
10
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|
Search History Details
|
|
|
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The Search History Details shows details of the most recent 40
searches
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Date
|
Description
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|
10/05/2011
|
Wholesale of metals and metal ores
|
|
05/05/2011
|
Wholesale of metals and metal ores
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13/04/2011
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Miscellaneous
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01/03/2011
|
Non-specialised wholesale of food, beverages and tobacco
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07/01/2011
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Other retail sale in specialised stores
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15/11/2010
|
Wholesale of metals and metal ores
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28/10/2010
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Other credit granting
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21/10/2010
|
Other credit granting
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18/06/2010
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Wholesale of metals and metal ores
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18/06/2010
|
Wholesale of metals and metal ores
|
|
20/05/2010
|
Wholesale of metals and metal ores
|
Public Record Information
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Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
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Other Filings and Notices
|
02/08/2007
|
Companies House Gazette
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Change among directors of a company
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|
19/09/2006
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Companies House Gazette
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Alteration in memorandum or articles of association
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|
23/12/2005
|
Companies House Gazette
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Change among directors of a company
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|
23/12/2005
|
Companies House Gazette
|
Special resolutions passed under section 95 disapplication of
pre-emption rights
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|
23/12/2005
|
Companies House Gazette
|
"Resolutions which give vary
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|
23/12/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
Company Secretary
|
Secretary
|
MICHAEL IAN MOLYNEUX
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Service Address
|
MULBERRY COTTAGE, CLAPHAM ROAD, AUSTWICK, NORTH YORKSHIRE, LA2 8BQ.
|
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Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
06/11/1954
|
|
Appointment Date
|
12/12/2005
|
Directors
|
Director
|
MR. FREDERIC DANIEL SANCHEZ
|
|
Service Address
|
87 RUE DE FONTENAY, F 94130, NOGENT SUR MARNE.
|
|
Country of Origin
|
FRANCE
|
|
Date of Birth
|
13/03/1960
|
|
Appointment Date
|
28/09/2005
|
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Other Directorships
|
SOLIOS THERMAL LIMITED, OPERA GALLERY GROUP LIMITED
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|
Director
|
JEAN CAMILLE URING
|
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Service Address
|
40 RUE DE PETIT BALLON, COLMAR, 6800.
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Country of Origin
|
FRANCE
|
|
Date of Birth
|
05/10/1950
|
|
Appointment Date
|
28/09/2005
|
|
Director
|
LUCILLE RIBOT
|
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Service Address
|
39 AVENUE CHARLES FLOQUET, 75007, PARIS.
|
|
Country of Origin
|
FRANCE
|
|
Date of Birth
|
26/11/1966
|
|
Appointment Date
|
28/09/2005
|
|
Accountant
|
MICHAEL IAN MOLYNEUX
|
|
Service Address
|
MULBERRY COTTAGE, CLAPHAM ROAD, AUSTWICK, NORTH YORKSHIRE, LA2 8BQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
06/11/1954
|
|
Appointment Date
|
12/12/2005
|
|
Director
|
STEPHEN ROGER COVERDALE
|
|
Service Address
|
"SPRING HILL", WOODLAND STATION ROAD BAILDON, SHIPLEY,
WEST YORKSHIRE, BD17 6SP.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
24/03/1947
|
|
Appointment Date
|
12/12/2005
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
4,371,275
|
|
Principal Shareholder
|
4,371,275 Fives Cinetic SA
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
Fives Cinetic SA, a company incorporated in FRANCE
|
|
Ultimate Parent
|
FL INVESTCO, a company incorporated in FRANCE
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
66
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
36000
|
47344
|
31795
|
34471
|
|
UK sales
|
643
|
1571
|
4822
|
8293
|
|
Export
|
35357
|
45773
|
26973
|
26178
|
|
Cost of goods sold
|
25938
|
28697
|
24030
|
26917
|
|
GROSS PROFIT
|
10062
|
18647
|
7765
|
7554
|
|
Wages and Salaries
|
8873
|
9623
|
8439
|
8055
|
|
Directors Emoluments
|
356
|
471
|
370
|
345
|
|
Auditors Fees
|
31
|
32
|
32
|
35
|
|
Non-Audit Fees
|
15
|
6
|
14
|
11
|
|
Trading Profit
|
5302
|
13022
|
4024
|
3502
|
|
Depreciation
|
524
|
505
|
454
|
459
|
|
OPERATING PROFIT
|
4778
|
12517
|
3570
|
3043
|
|
Non Trading Income
|
17
|
871
|
137
|
1146
|
|
Interest Payable
|
594
|
546
|
865
|
2334
|
|
PRE TAX PROFIT
|
4201
|
12842
|
2842
|
1855
|
|
Taxation
|
1121
|
3026
|
1102
|
563
|
|
PROFIT AFTER TAX
|
3080
|
9816
|
1740
|
1292
|
|
RETAINED PROFITS
|
3080
|
9816
|
1740
|
1292
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
66
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
14053
|
14260
|
14859
|
19440
|
|
Tangible Assets
|
5461
|
5129
|
5189
|
9231
|
|
Fixed Assets
|
5461
|
5129
|
5189
|
5281
|
|
Intermediate assets
|
|
|
|
3950
|
|
Intangible Assets
|
8592
|
9131
|
9670
|
10209
|
|
TOTAL CURRENT ASSETS
|
28796
|
32844
|
24608
|
19597
|
|
Trade debtors
|
7496
|
15579
|
7650
|
10334
|
|
Stocks
|
9851
|
10586
|
8899
|
3065
|
|
Other Current Assets
|
11449
|
6679
|
8059
|
6198
|
|
Misc Current Assets
|
666
|
1396
|
1176
|
566
|
|
Due From Group
|
12
|
292
|
215
|
94
|
|
Cash
|
10771
|
4991
|
6668
|
5538
|
|
TOTAL ASSETS
|
42849
|
47104
|
39467
|
39037
|
|
TOTAL CURRENT LIABILITIES
|
11549
|
16561
|
12908
|
8546
|
|
Trade creditors
|
2789
|
8351
|
5837
|
3463
|
|
Short Term Loans
|
1964
|
2811
|
1931
|
1256
|
|
Due To Group
|
1964
|
2811
|
1931
|
1256
|
|
Other Liabilities
|
6796
|
5399
|
5140
|
3827
|
|
WORKING CAPITAL
|
17247
|
16283
|
11700
|
11051
|
|
TOTAL LONG TERM LIABS
|
13673
|
12739
|
17328
|
25030
|
|
Long Term Loans
|
2926
|
4762
|
6496
|
8976
|
|
Due To Group
|
2926
|
4762
|
6496
|
8976
|
|
Other Liabilities
|
10747
|
7977
|
10832
|
16054
|
|
NET ASSETS/(LIABILITIES)
|
17627
|
17804
|
9231
|
5461
|
|
SHARE CAPITAL + RESERVES
|
17627
|
17804
|
9231
|
5461
|
|
Share Cap + Sundry Res
|
4371
|
4371
|
4371
|
4371
|
|
Issued Share Capital
|
4371
|
4371
|
4371
|
4371
|
|
Profit and Loss account
|
13256
|
13433
|
4860
|
1090
|
|
SHAREHOLDERS FUNDS
|
17627
|
17804
|
9231
|
5461
|
|
CAPITAL EMPLOYED
|
31300
|
30543
|
26559
|
30491
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
66
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
10000
|
1454
|
4422
|
12954
|
|
Increase in Cash
|
5780
|
(1676)
|
1129
|
5538
|
|
Directors Remuneration
|
356
|
471
|
370
|
345
|
|
Auditors Remuneration
|
31
|
32
|
32
|
35
|
|
Liquid Assets
|
18267
|
20570
|
14318
|
15872
|
|
Net Working Capital
|
17247
|
16283
|
11700
|
11051
|
|
Long Term Debt(>12 Months)
|
2926
|
4762
|
6496
|
8976
|
|
Other Deferred Liabs
|
10747
|
7977
|
10832
|
16054
|
|
Tangible Net Worth(T.N.W)
|
9035
|
8673
|
(439)
|
(4748)
|
|
Equity
|
17627
|
17804
|
9231
|
5461
|
|
Number of Years Trading
|
4
|
3
|
2
|
1
|
|
Number of Employees
|
290
|
286
|
276
|
278
|
|
Profit per Employee
|
14486.2
|
44902.1
|
10297.1
|
6672.7
|
|
Sales per Employee
|
124137.9
|
165538.5
|
115199.3
|
123996.4
|
|
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
|
2.5
|
2
|
1.9
|
2.3
|
|
Long Term Debt/T.N.W
|
0.3
|
0.5
|
(14.8)
|
(1.9)
|
|
Pre Tax Profit Margin%
|
11.7
|
27.1
|
8.9
|
5.4
|
|
Gross Profit%
|
28
|
39.4
|
24.4
|
21.9
|
|
Debtors Days (D.S.O)
|
76
|
120
|
88
|
109
|
|
Creditors Days (D.P.O)
|
28
|
64
|
67
|
37
|
|
Quick Ratio
|
1.6
|
1.3
|
1.2
|
1.9
|
|
W.I.P/Inventory Days
|
138.6
|
134.6
|
135.2
|
41.6
|
|
Return on Investment%
|
14.4
|
40.1
|
13
|
13.2
|
|
Return on Assets%
|
9.8
|
27.3
|
7.2
|
4.8
|
|
T.N.W/Total Assets%
|
21.1
|
18.4
|
(1.1)
|
(12.2)
|
|
Return on Capital%
|
13.4
|
42
|
10.7
|
6.1
|
|
Rtn on Shareholders Funds%
|
23.8
|
72.1
|
30.8
|
34
|
|
Working Capital/Sales%
|
47.9
|
34.4
|
36.8
|
32.1
|
|
Borrowing Ratio%
|
54.1
|
87.3
|
(1919.6)
|
(215.5)
|
|
Equity Gearing%
|
69.9
|
60.8
|
30.5
|
16.3
|
|
Stock Turnover
|
3.7
|
4.5
|
3.6
|
11.2
|
|
Days Purchases Outstanding
|
39.2
|
106.2
|
88.7
|
47
|
|
Sales/Fixed Assets
|
6.6
|
9.2
|
6.1
|
6.5
|
|
Debt Gearing
|
32.4
|
54.9
|
(1479.7)
|
(189)
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
1044
|
1434
|
1429
|
1410
|
|
Pre-Tax Profit Margin
|
6.1
|
(2.4)
|
6.6
|
7.4
|
|
Current Ratio
|
1.9
|
1.9
|
1.8
|
1.8
|
|
Borrowing Ratio
|
59.3
|
46.1
|
64.6
|
31.2
|
|
Return on Capital
|
29.7
|
25.2
|
41.1
|
37.7
|
|
Creditors Days
|
49
|
64
|
56
|
110
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of machine tools
|
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 24 % and reduced
by 11,344,000 to GBP 36,000,000.
|
|
Operating Profit
|
|
Totalled GBP 4,778,000. In the year prior
a Profit of GBP 12,517,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit decreased by 67 %
over the previous year.
|
|
Working Capital
|
|
The subject's working capital has
improved by 964,000 in the period.
|
|
Net Worth
|
|
Net worth reduced by GBP 177,000 during
the period and now stands at GBP 17,627,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 207,000 to GBP 14,053,000 and are now 32 % of total assets
compared with 30 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
increased during the period by 7% and are now 78 % of net worth compared
with 72 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 32 % of
total liabilities compared with 27 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 44 % of
capital employed, an increase of 2 % over the previous period.
|
|
