Company Identification Details
|
Subject Reported on
|
EXCELSIOR TECHNOLOGIES LIMITED
|
|
Registration Number
|
05188170
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VAT Number
|
GB840518147
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Address
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PARKWAY, DEESIDE INDUSTRIAL PARK, DEESIDE, CLWYD, CH5 2NS.
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Telephone
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01244 833230
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Email
|
info@exceltechuk.com
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Web Address
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www.exceltechuk.com
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Creditline Recommendations
|
Monthly Credit Guide
|
GBP 82,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
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Registration Number
|
05188170
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|
VAT Number
|
GB840518147
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|
Subject Status
|
Trading
|
|
Date of Incorporation
|
23/07/2004
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|
Registered Office
|
PARKWAY DEESIDE INDUSTRIAL PARK, DEESIDE, FLINTSHIRE, CH5 2NS.
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|
History
|
3/09/2009 : The
Registered Office address changed from ABER PARK, FLINT, FLINTSHIRE, CH6
5EX, CH6 5E.
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|
|
Previously located
at Aber Road, Flint, Clwyd, CH6 5EX.
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At heading address
since 2009.
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|
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30/09/2004 : The
Registered Office address changed from 100 BARBIROLLI SQUARE, MANCHESTER,
M2 3AB, M2.
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|
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27/09/2004 : Change
of name from INHOCO 3123 LIMITED.
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Date of Last Annual Return to Registry
|
23/07/2011
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Accounts
|
The last filed accounts at Companies House are those to 31/12/2010
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Accounting Reference Date
|
31/12
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Operations
|
Activities
|
Manufacturers The manufacture of packaging materials.
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Nace Code
|
2112
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Premises
|
Owned,Factory,Offices
|
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Staff Employed
|
229
|
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Import Countries
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ALL OVER THE WORLD
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Export Countries
|
ALL OVER THE WORLD
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Bankers
|
BANK OF SCOTLAND
|
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Address
|
CHESTER.
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Sort Code
|
121285
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Auditors
|
Mitchell Charlesworth
|
|
Branches
|
CHURCHILL WAY,
LOMESHAYE INDUSTRIAL ESTATE, NELSON LANCASHIRE, BB9 6RT.
|
|
|
PARKWAY, DEESIDE IND
PK, DEESIDE, CLWYD, CH5 2NS.
|
|
Associated Companies
|
EXCELSIOR
TECHNOLOGIES (NON-WOVENS) LIMITED
|
|
Subsidiaries
|
OMNI FLEXIBLES LTD (dissolved)
|
Previous Searches
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Last 3 Months
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Last 6 Months
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Last 12 Months
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7
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9
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27
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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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18/11/2011
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Miscellaneous
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07/11/2011
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Miscellaneous
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18/10/2011
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Miscellaneous
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16/10/2011
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Miscellaneous
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06/10/2011
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Miscellaneous
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04/10/2011
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Miscellaneous
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20/09/2011
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Miscellaneous
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03/08/2011
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Miscellaneous
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02/08/2011
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Miscellaneous
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26/05/2011
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Miscellaneous
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24/05/2011
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Web portals
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23/05/2011
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Miscellaneous
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17/05/2011
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Miscellaneous
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05/05/2011
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Miscellaneous
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08/04/2011
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Miscellaneous
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08/04/2011
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Miscellaneous
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04/04/2011
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Miscellaneous
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28/03/2011
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Miscellaneous
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18/03/2011
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Miscellaneous
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17/03/2011
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Miscellaneous
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09/03/2011
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Web portals
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01/03/2011
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Miscellaneous
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20/02/2011
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Miscellaneous
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14/02/2011
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Miscellaneous
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24/01/2011
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Miscellaneous
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11/01/2011
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Miscellaneous
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20/12/2010
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Miscellaneous
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23/11/2010
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Miscellaneous
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Public Record Information
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Summary of CCJ's/Scottish Decrees
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No CCJs/Scottish Decrees are recorded in
our file.
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Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
11
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|
Number Outstanding
|
4
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|
Number Partially Satisfied
|
0
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Number Satisfied
|
7
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|
|
|
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Date of Latest Mortgage Created
|
07/04/2011
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Date of Latest Satisfaction
|
28/07/2011
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Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
15/04/2011
|
07/04/2011
|
Debenture
|
MG01
|
The Governor & Company Of The Bank Of Ireland
|
|
|
15/04/2011
|
07/04/2011
|
Chattel Mortgage
|
MG01
|
Niib Group Limited
|
|
28/07/2011
|
22/12/2007
|
18/12/2007
|
Chattel Mortgage
|
395
|
Bank Of Scotland Plc
|
|
28/07/2011
|
21/11/2007
|
16/11/2007
|
Chattels Mortgage
|
395
|
Bank Of Scotland Plc
|
|
28/07/2011
|
15/11/2007
|
09/11/2007
|
Debenture
|
395
|
Bank Of Scotland Plc
|
|
|
16/04/2007
|
27/03/2007
|
Mortgage Debenture
|
395
|
Ronnie Shemesh
|
|
|
07/04/2007
|
26/03/2007
|
Mortgage Debenture
|
395
|
The Governor And Company Of The Bank Of Ireland Trading As E
|
|
13/10/2007
|
05/07/2005
|
30/06/2005
|
Chattel Mortgage
|
395
|
Lloyds Tsb Commercial Finance Limited
|
|
25/09/2007
|
23/10/2004
|
20/10/2004
|
All Assets Debenture Deed
|
395
|
Lloyds Tsb Commercial Finance Limited
|
|
25/09/2007
|
01/10/2004
|
28/09/2004
|
Chattel Mortgage
|
395
|
Davenham Trust 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
|
17/02/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
29/06/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
29/06/2005
|
Companies House Gazette
|
Change among directors of a company
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|
29/06/2005
|
Companies House Gazette
|
Resolutions which give vary
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|
30/09/2004
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
ALAN HARVEY TUNNA
|
|
Service Address
|
LOMBARDY 32 LEDSHAM ROAD, LITTLE SUTTON, CHESHIRE, CH66 4QQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/07/1957
|
|
Appointment Date
|
31/12/2008
|
Directors
|
Accountant
|
ALAN HARVEY TUNNA
|
|
Service Address
|
LOMBARDY 32 LEDSHAM ROAD, LITTLE SUTTON, CHESHIRE, CH66 4QQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/07/1957
|
|
Appointment Date
|
31/12/2008
|
|
Director
|
MARK PEPLINSKI
|
|
Service Address
|
15 BIRCHWOOD GROVE, HIGHER HEATH, WHITCHURCH, SY13 2EX.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
11/07/1967
|
|
Appointment Date
|
27/09/2004
|
|
Other Directorships
|
STEAMFAST EUROPE LIMITED, BRISBANE TOPCO LIMITED, BRISBANE
MIDCO LIMITED
|
|
Director
|
STEPHEN SUTTON
|
|
Service Address
|
GRANGEWOOD WESLEY ROAD, CUBERT, NEWQUAY, CORNWALL, TR8 5HB.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
25/06/1950
|
|
Appointment Date
|
27/09/2004
|
|
Other Directorships
|
GRANGEWOOD (CORNWALL) LIMITED
|
|
Director
|
RONNIE SHEMESH
|
|
Service Address
|
28 DAIRY ROAD, GREENWICH, NEW YORK CT 06830.
|
|
Country of Origin
|
USA
|
|
Date of Birth
|
21/01/1959
|
|
Appointment Date
|
27/09/2004
|
|
Other Directorships
|
EXCELSIOR TECHNOLOGIES (NON-WOVENS) LIMITED
|
|
Director
|
MR DAVID JOHN MOORCROFT
|
|
Service Address
|
CROFT COTTAGE, STEVENSON'S LANE, HAMPTON, CHESHIRE, SY14 8JT.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/12/1952
|
|
Appointment Date
|
27/09/2004
|
|
Other Directorships
|
THE PACKAGING AND FILMS ASSOCIATION LIMITED, STEAMFAST EUROPE
LIMITED, EXCELSIOR TECHNOLOGIES (NON-WOVENS) LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
4,520,000
|
|
Principal Shareholder
|
4,520,000 Ronnie Shemesh
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
General Information
|
In Dec 2007 the subject acquired the trade, assets and liabilities
of OMNI FLEXIBLES LIMITED, 05487762
|
|
Excelsior's main polymer production site is located at Nelson in
Lancashire.
|
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
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
38165
|
30812
|
33027
|
28414
|
|
UK sales
|
13962
|
11638
|
12025
|
9624
|
|
Export
|
24203
|
19174
|
21002
|
18790
|
|
Cost of goods sold
|
25994
|
20183
|
21263
|
19138
|
|
GROSS PROFIT
|
12171
|
10629
|
11764
|
9276
|
|
Wages and Salaries
|
6444
|
5697
|
5999
|
4873
|
|
Directors Emoluments
|
382
|
346
|
261
|
257
|
|
Auditors Fees
|
23
|
18
|
18
|
19
|
|
Non-Audit Fees
|
|
2
|
2
|
|
|
Trading Profit
|
3176
|
2258
|
2572
|
1592
|
|
Depreciation
|
1577
|
1104
|
1124
|
832
|
|
OPERATING PROFIT
|
1599
|
1154
|
1448
|
760
|
|
Non Trading Income
|
|
|
1
|
3
|
|
Interest Payable
|
489
|
451
|
830
|
760
|
|
PRE TAX PROFIT
|
1110
|
703
|
619
|
3
|
|
Taxation
|
315
|
135
|
285
|
(463)
|
|
PROFIT AFTER TAX
|
795
|
568
|
334
|
466
|
|
RETAINED PROFITS
|
795
|
568
|
334
|
466
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
15398
|
10930
|
8484
|
9405
|
|
Tangible Assets
|
13682
|
9027
|
6392
|
7140
|
|
Fixed Assets
|
13682
|
9027
|
6392
|
7140
|
|
Intangible Assets
|
1716
|
1903
|
2092
|
2265
|
|
TOTAL CURRENT ASSETS
|
14782
|
10513
|
11048
|
11076
|
|
Trade debtors
|
6539
|
5294
|
6088
|
6779
|
|
Stocks
|
4688
|
3056
|
3023
|
3155
|
|
Other Current Assets
|
3555
|
2163
|
1937
|
1142
|
|
Misc Current Assets
|
1635
|
1634
|
464
|
997
|
|
Due From Group
|
1690
|
|
|
|
|
Cash
|
230
|
529
|
1473
|
145
|
|
TOTAL ASSETS
|
30180
|
21443
|
19532
|
20481
|
|
TOTAL CURRENT LIABILITIES
|
18212
|
13842
|
14086
|
14875
|
|
Trade creditors
|
7742
|
4766
|
4937
|
6108
|
|
Short Term Loans
|
7522
|
5961
|
6555
|
7060
|
|
Bank Overdraft
|
|
|
6076
|
6313
|
|
Bank Loans
|
6827
|
5291
|
|
|
|
Other Finance
|
695
|
670
|
479
|
687
|
|
Due To Group
|
|
|
|
60
|
|
Other Liabilities
|
2948
|
3115
|
2594
|
1707
|
|
WORKING CAPITAL
|
(3430)
|
(3329)
|
(3038)
|
(3799)
|
|
TOTAL LONG TERM LIABS
|
4925
|
4753
|
3166
|
3659
|
|
Long Term Loans
|
4567
|
4710
|
3166
|
3659
|
|
Bank Loans
|
190
|
125
|
100
|
575
|
|
Other Finance
|
1075
|
1877
|
3066
|
1079
|
|
Due To Directors
|
3302
|
2708
|
|
2005
|
|
Other Liabilities
|
358
|
43
|
|
|
|
NET ASSETS/(LIABILITIES)
|
7043
|
2848
|
2280
|
1947
|
|
SHARE CAPITAL + RESERVES
|
7043
|
2848
|
2280
|
1947
|
|
Share Cap + Sundry Res
|
4520
|
1120
|
1120
|
1120
|
|
Issued Share Capital
|
4520
|
1120
|
1120
|
1120
|
|
Profit and Loss account
|
2523
|
1728
|
1160
|
827
|
|
SHAREHOLDERS FUNDS
|
7043
|
2848
|
2280
|
1947
|
|
CAPITAL EMPLOYED
|
11968
|
7601
|
5446
|
5606
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
1731
|
2337
|
2208
|
3394
|
|
Increase in Cash
|
(300)
|
(1204)
|
1906
|
3303
|
|
Directors Remuneration
|
382
|
346
|
261
|
257
|
|
Auditors Remuneration
|
23
|
18
|
18
|
19
|
|
Liquid Assets
|
6769
|
5823
|
7561
|
6924
|
|
Net Working Capital
|
(3430)
|
(3329)
|
(3038)
|
(3799)
|
|
Long Term Debt(>12 Months)
|
4567
|
4710
|
3166
|
3659
|
|
Other Deferred Liabs
|
358
|
43
|
|
|
|
Tangible Net Worth(T.N.W)
|
5327
|
945
|
188
|
(318)
|
|
Equity
|
7043
|
2848
|
2280
|
1947
|
|
Number of Years Trading
|
6
|
5
|
4
|
3
|
|
Number of Employees
|
229
|
223
|
244
|
176
|
|
Profit per Employee
|
4847.2
|
3152.5
|
2536.9
|
17
|
|
Sales per Employee
|
166659.4
|
138170.4
|
135356.6
|
161443.2
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
|
Current Ratio
|
0.8
|
0.8
|
0.8
|
0.7
|
|
Long Term Debt/T.N.W
|
0.9
|
5
|
16.8
|
(11.5)
|
|
Pre Tax Profit Margin%
|
2.9
|
2.3
|
1.9
|
|
|
Gross Profit%
|
31.9
|
34.5
|
35.6
|
32.6
|
|
Debtors Days (D.S.O)
|
63
|
63
|
67
|
87
|
|
Creditors Days (D.P.O)
|
74
|
56
|
55
|
78
|
|
Quick Ratio
|
0.6
|
0.5
|
0.6
|
0.5
|
|
W.I.P/Inventory Days
|
65.8
|
55.3
|
51.9
|
60.2
|
|
Return on Investment%
|
8.2
|
8.5
|
12.1
|
6
|
|
Return on Assets%
|
3.7
|
3.3
|
3.2
|
|
|
T.N.W/Total Assets%
|
17.7
|
4.4
|
1
|
(1.6)
|
|
Return on Capital%
|
9.3
|
9.2
|
11.4
|
0.1
|
|
Rtn on ShareholdersFunds%
|
15.8
|
24.7
|
27.1
|
0.2
|
|
Working Capital/Sales%
|
(9)
|
(10.8)
|
(9.2)
|
(13.4)
|
|
Borrowing Ratio%
|
226.9
|
1129.2
|
5170.7
|
(3370.8)
|
|
Equity Gearing%
|
30.4
|
15.3
|
13.2
|
10.5
|
|
Stock Turnover
|
8.1
|
10.1
|
10.9
|
9
|
|
Days Purchases Outstanding
|
108.7
|
86.2
|
84.7
|
116.5
|
|
Sales/Fixed Assets
|
2.8
|
3.4
|
5.2
|
4
|
|
Debt Gearing
|
85.7
|
498.4
|
1684
|
(1150.6)
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
225
|
217
|
208
|
205
|
|
Pre-Tax Profit Margin
|
2
|
0.8
|
1.1
|
2.7
|
|
Current Ratio
|
1.3
|
1.4
|
1.4
|
1.4
|
|
Borrowing Ratio
|
89.9
|
114.6
|
73.3
|
55.6
|
|
Return on Capital
|
16.5
|
11.9
|
11.9
|
20.2
|
|
Creditors Days
|
54
|
47
|
42
|
44
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of pulp, paper and paperboard
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 31/12/2010.
|
|
Turnover
|
|
Turnover increased by 24 % in the period
and now totals GBP 38,165,000.
|
|
Operating Profit
|
|
Totalled GBP 1,599,000. In the year
prior a Profit of GBP 1,154,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit increased by 57 %
in the year.
|
|
Working Capital
|
|
The company's working capital deficiency
increased in the period and now totals GBP 3,430,000.
|
|
Net Worth
|
|
Net worth has increased by 147 % and now
stands at GBP 7,043,000.
|
|
Fixed Assets
|
|
The subject's fixed assets increased during
the year by GBP 4,468,000 to GBP 15,398,000 and are now 51 % of total
assets compared with 50 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities increased
during the period by 3% and are now 70 % of net worth compared with 167 %
in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 16 % of
total liabilities compared with 22 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 41 % of
capital employed, a decrease of 22 % over the previous period.
|
|
