• Neil Brian Sargent
Correspondence address: Unit 39, Tokenspire Business Park, Woodmansey Beverley, East Yorks, HU17 0TB
Date of birth: December 1965
Nationality: British
Country of residence: England
Occupation: Company Director
Nature of control
Ownership of shares – More than 25% but not more than 50%
Ownership of voting rights – More than 25% but not more than 50%

• Ian Leslie Sargent
Correspondence address: Unit 39, Tokenspire Business Park, Woodmansey Beverley, East Yorks, HU17 0TB
Date of birth: September 1964
Nationality: British
Country of residence: England
Occupation: Company Director
Nature of control
Ownership of shares – More than 25% but not more than 50%
Ownership of voting rights – More than 25% but not more than 50%

• Leah Joanne Sargent
Correspondence address: Unit 39, Tokenspire Business Park, Woodmansey Beverley, East Yorks, HU17 0TB
Date of birth: December 1967
Nationality: British
Country of residence: England
Occupation: Company Director

• Ann Sargent
Correspondence address: Unit 39, Tokenspire Business Park, Woodmansey Beverley, East Yorks, HU17 0TB
Date of birth: April 1969
Nationality: British
Country of residence: England
Occupation: Finance Director

• Statement of Capital (Share Capital)
Class of Shares: ORDINARY A
Currency: GBP
Number Allotted: 900
Aggregate nominal value: 900
Amount paid per share: 1
Amount unpaid per share: 0

Class of Shares: ORDINARY B
Currency: GBP
Number Allotted: 100
Aggregate nominal value: 100
Amount paid per share: 1
Amount unpaid per share: 0

• Statement of Capital (Total)
Currency: GBP
Number Allotted: 1000
Aggregate nominal value: 1000

• Full Details of Shareholders

Shareholding 1: 450 ORDINARY A shares held as at the date of this return
Name: NEIL BRIAN SARGENT

Shareholding 2: 450 ORDINARY A shares held as at the date of this return
Name: IAN LESLIE SARGENT

Shareholding 3: 50 ORDINARY B shares held as at the date of this return
Name: ANN SARGENT

Shareholding 4: 50 ORDINARY B shares held as at the date of this return
Name: LEAH JOANNE SARGENT

Strategy

• Continued investment in research and development, administration, staff and business infrastructure are seen as critical to the continued development and growth of the business. Increases in technical and support staff were made, including increases in the management team.
• A number of research and development projects have been undertaken throughout the year to advance products and services, with some of these extending in the new business year.
• The company manages price risk by monitoring sales price whilst remaining competitive.
• Liquidity risk is managed by maintaining a balance between continuity and flexibility through the use of available funds at the floating rates of interest.
• Alternative banking measures have been put in place to spread the risks of a single bank failure.
• Trade creditor liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.
• As Brexit continues to loom large and due to uncertainties, a cautious approach has been adopted, until such time that there is clarity on how and what effect this will have on the business.

Ambitions

• To become the preferred supplier to most of their clients
• To be one of the market leaders in their industry
• To support local charities
• To work closely with Hull University
• To care about their hard-working team
• To be well established in the area and market place
• To be one of the most competitively paid employers in the area
• In a joint venture with three other companies, Irby Construction, Maine-based Cianbro and Northern Clearing Inc.

• Offices
• Hospitals
• Airports
• Retail sectors

Their products are found all around the world, in caravan’s, motor-homes, holiday homes, and in some cases, large Iconic/industrious buildings in London.

Customer Reviews

N/A

• To provide their customers with a total design and service.
• To make working with their team as easy as possible, this includes everything from design and build of electrical systems and wiring harnesses.
• The design of their services, timescales and manufacturing processes to be close to their customers’ needs.

The average monthly number of persons (including directors) during 2018, amounted to 161 (2017: 158).

Administration: 18
Production: 133
Management: 10

Wages and Salaries: 3,430, 231
Social security costs: 297,358
Cost of defined contribution scheme: 74,117

Retirement benefits: Defined Contribution Plan

Company contribution to defined contribution schemes for 2018: 40,000

Company contribution to defined contribution schemes for 2017: 40,000

Companys’ Culture

“Ian and Neil Sargent – company directors – often are the first ones in, and still to this day working as hard, (if not harder) than everyone else – to point they need reminding to go home.”

Charities

They work with many charities, such as HEYSMILE foundation, and are keen to continue our support whether this is financial and/or participation in donating time and resources. For the last few years they have worked closely with the University of Hull (Engineering School/Formula Student) to help fund and support the next generation of single-seat racing car.

Recruitment

When they recruit, no matter what the role, they look for like-minded, hardworking and inspiring people.

Benefits – Early Departure on Fridays

Their production works 40 hours per week, with a very nice early finish on Friday’s(12.45 pm). Office, personnel also get to leave early on Friday’s, usually around 2 p m.

Employee Reviews

N/A

• A lot of products we produce are designed and manufactured in-house
• They value hard work and dedication
• They support local charities
• They work closely with Hull University
• They care about their hard-working team
• They are very well established in the area and market place
• They are one of the most competitively paid employers in the area

Annual Report File

Location

Unit 39, Tokenspire Business Park

Beverley

East Yorkshire

HU17 0TB

United Kingdom

Social Media

Facebook

LinkedIn

Awards

N/A

Articles

• Bangor Daily News, ‘$300M contract to get New England Energy Connect moving’, April 2020

‘The New England Clean Energy Connect on Wednesday announced it has awarded more than $300 million in contracts for upgrading transmission lines and clearing land for the project led by Central Maine Power.

The contract was awarded to Maine-based Cianbro in a joint venture with three other companies, Irby Construction, Sargent Electric and Northern Clearing Inc., officials said.’

Competitors List (alphabetical order)
Criterion: Industry subcategory, Company Size and Product

• Cablepoint Limited

• Cablescan Limited

• Central Wire Industries UK Limited

• Doncaster Cables (Trading name of Amnack Limited company)

• EC-Wire Ltd

• Eland Cables Limited

• Marco Cable Management Limited

• NKT (UK) Ltd

• Telecom Connections Ltd