PHILIPPINE GOLD LIMITED

LEYTONSTONE HOUSE, 3 HANBURY DRIVE, LEYTONSTONE, LONDON, E11 1GA

Company Number: 00666509
Incorporation date: 02-Aug-1960
Status: Active
Entity type: Private Limited Company

SIC codes:
08990 Other mining and quarrying not elsewhere classified

SUMMARY

This company is 63.7 years old and is currently active. It is controlled by B2gold Corp. The company has negative equity (net assets) of GBP -1.9 million which has worsened since the previous year's figure of GBP -1.8 million. The latest reported revenue figure is GBP 3.1 million which is similar to the previous year's figure of GBP 3 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.8 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 9 other companies, 2 (22.2%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Mar-2025
Accounts Filed: FULL (30-Jun-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
30-Jun-2023	GBP	3,070,807	-15,368			33,297	-48,665
30-Jun-2022	GBP	2,994,902	-44,825	1		1,797	-46,621
30-Jun-2021	GBP	4,251,639	-98,155	6		1,665	-99,814
30-Jun-2020	GBP	3,801,974	-87,362	10		1,397	-88,749
30-Jun-2019	GBP	4,397,916	-81,778		3,704	458	-85,940
30-Jun-2018	USD	4,838,382	-97,015		4,416		-93,569
30-Jun-2017	USD	5,656,139

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Retained Earnings	Net Assets
30-Jun-2023	GBP	162,235	164,107	8,374,400		-1,798,175	-1,860,974
30-Jun-2022	GBP	139,948	148,651	8,310,279		-1,749,510	-1,812,309
30-Jun-2021	GBP	125,814	135,035	8,250,042		-1,702,889	-1,765,688
30-Jun-2020	GBP	241,608	243,479	8,258,672		-1,603,075	-1,665,874
30-Jun-2019	GBP	187,492	201,957	8,128,401	-4,577,125	-1,514,326	-1,577,125
30-Jun-2018	USD	207,698	221,118	8,061,622		-1,428,386	-1,491,185
30-Jun-2017	USD	130,307	135,662	7,882,597		-1,334,817	-1,397,616

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Resigned	Alison WILSON	01 Nov 2000	31 Mar 2017	Chartered Accountant	British	0 - 5
Resigned	Philip Maurice ENOCH	09 Feb 1994	01 Nov 2000	Solicitor	British	2 - 46
Resigned	Kathleen BISHOP		09 Feb 1994		British	0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Jerry Richard KORPAN	31 Mar 2017		Businessman	British,Canadian	2 - 0	0 (0.0%)
Active	Neil Malcolm GILLAM	31 Mar 2017		Chartered Accountant	British	1 - 10	4 (36.4%)
Active	Michael Andrew CINNAMOND	01 Apr 2014		Senior Vp Finance And Cfo	British,Canadian	1 - 1	1 (50.0%)
Resigned	Mark Anthony CORRA	31 Jan 2013	01 Apr 2014	Business Man	Canadian	0 - 2	1 (50.0%)
Resigned	Denis ACHESON	01 Nov 2000	01 May 2002	Executive	Irish	0 - 5	0 (0.0%)
Resigned	William Philip MCLUCAS	01 Nov 2000	23 Dec 2004	Mining Executive	British	0 - 13	7 (53.8%)
Resigned	Warren Talbot BECKWITH	12 Feb 1999	08 Oct 1999	Company Director	Australian	0 - 1	0 (0.0%)
Resigned	Simon William HOLMES	12 Feb 1999	08 Oct 1999	Company Director	Australian	0 - 8	6 (75.0%)
Resigned	Kenneth Peter JUDGE	12 Feb 1999	01 Nov 2000	Lawyer	British	1 - 8	3 (33.3%)
Resigned	James Thomas KEOGH	17 Oct 1997	12 Feb 1999	Business Manager	Australian	0 - 1	0 (0.0%)
Resigned	Simon Richard GRANT RENNICK	10 Aug 1994	14 May 1998	Metal Trader	British	9 - 22	12 (38.7%)
Resigned	Martin Charles Michael BUCKINGHAM	10 Aug 1994	30 Apr 1999	Director	British	1 - 4	4 (80.0%)
Resigned	Philip Maurice ENOCH	09 Feb 1994	03 Sep 1998	Solicitor	British	2 - 46	20 (41.7%)
Resigned	Philippe Henri EDMONDS	09 Feb 1994	03 Sep 1998	Company Director	British	0 - 19	8 (42.1%)
Resigned	Gregory Vaughan ALDRIDGE	18 Jun 1992	09 Sep 1993	Qualified Accountant	British	4 - 19	8 (34.8%)
Resigned	John Noel LITTLE		22 Jul 1992	Qualified Accountant	British	0 - 15	6 (40.0%)
Resigned	Andrew Keith BURNELL		03 Sep 1998	Managing Director	British	0 - 5	2 (40.0%)
Resigned	Reginald Osborn MILLS		01 Feb 1993	Qualified Accountant	British	4 - 13	4 (23.5%)
Resigned	Bernard Philip KLUG		22 Jul 1992	Company Director	British	0 - 67	37 (55.2%)
Resigned	Gregory Vaughan ALDRIDGE		09 Sep 1993	Qualified Accountant	British	4 - 19	8 (34.8%)
Resigned	Walter Allan JONNES		28 Apr 1992	Qualified Accountant	British	0 - 28	20 (71.4%)
Resigned	Kathleen BISHOP		09 Feb 1994	Financial Director	British	0 - 2	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 8.0 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 28.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Jerry Richard KORPAN	Neil Malcolm GILLAM	Michael Andrew CINNAMOND
PHILIPPINE GOLD LIMITED (00666509) - Active	✔	✔	✔
HAYSMACINTYRE HOLDINGS LIMITED (01826099) - Active		✔
ARCHDREAM LIMITED (01916805) - Liquidation		✔
HAYSMACINTYRE CORPORATE FINANCE LIMITED (03632074) - Active		✔
HAYSMACINTYRE COMPANY SECRETARIES LIMITED (04682161) - Active		✔
A S FINANCIAL LIMITED (06951009) - Active		✔
TEQUILAS OF MEXICO LIMITED (07065004) - Active		✔
FOUR SOUTHSIDE MANAGEMENT LTD (07450545) - Active	✔
WHITE HORSE DINING LIMITED (07494277) - Dissolved		✔
PAPILLON MINING (UK) LIMITED (08517439) - Dissolved			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-03-08	2015-03-08	2014-03-08	2013-03-08	2012-03-08
CENTRAL ASIA GOLD LIMITED	ORDINARY	1 100%	169,621,158 100%	169,621,158 100%	169,621,158 100%	169,621,158 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:B2gold Corp (Bc0958903 - British Columbia) active

Controlling entities above

PHILIPPINE GOLD LIMITED

no controlled companies

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 08990 Other mining and quarrying not elsewhere classified)

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LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
PHILIPPINE GOLD LIMITED	0.7%	3.8%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.4%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.7%	5.7%	7.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium