ELDON COLLIERY LIMITED

SOUTHERN WAY, IMMINGHAM DOCK, IMMINGHAM, NORTH EAST LINCOLNSHIRE, DN40 2NX

Company Number: 02307595
Incorporation date: 20-Oct-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
23990 Manufacture of other non-metallic mineral products not elsewhere classified





SUMMARY

This company is 35.5 years old and is currently active. It is controlled by Oxbow Coal Ltd. The company has negative equity (net assets) of GBP -684.1 thousand which has worsened since the previous year's figure of GBP -390.8 thousand. The latest reported revenue figure is GBP 1.7 million which is up 10% on previous year's figure of GBP 1.6 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 -684.3 thousand), 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 5 active officers (directors or partners) who are or were officers of 6 other companies, 2 (33.3%) 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: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 1,707,267 149,610 98,935 43,882 6,793
31-Dec-2021 GBP 1,588,220 141,446 96,451 104,242 -59,247
31-Dec-2019 GBP 1,596,640 143,342 39,041 36,990
31-Dec-2018 GBP 1,708,600 78,680 313 53,755
31-Dec-2017 GBP 1,511,394 71,957 13 47,409
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 129,456 175,613 200 -684,256 -684,056
31-Dec-2021 GBP 201,106 165,796 200 -391,049 -390,849
31-Dec-2019 GBP 6,138 319,646 151,269 200 934,388 934,588
31-Dec-2018 GBP 41,823 303,422 150,659 200 897,398 897,598
31-Dec-2017 GBP 13,037 1,809,715 161,043 200 2,193,643 2,193,843
30-Apr-2013 GBP 1,005,123 1,435,710 594,112 76,271 200 1,354,338 1,354,538
30-Apr-2012 GBP 269,705 774,947 290,016 72,429 200 847,020 847,220

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Matthew Evelyn GOODWIN 01 Mar 2014 29 Mar 2024 1 - 0
Resigned Christopher John BARTLETT 31 Jan 2010 28 Feb 2014 0 - 1
Resigned Pauline BARTLETT 31 Jan 2010 0 - 4

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active David William CLARK 02 Feb 2016 Legal Adviser American 1 - 00 (0.0%)
Active Ewoud Jan COLENBRANDER 19 May 2014 Director Of International Relations Dutch 1 - 00 (0.0%)
Active Michael John CUSICK 28 Feb 2014 Commercial Director British 2 - 42 (33.3%)
Active Patrick Sjoerd BRUNING 28 Feb 2014 Managing Director Dutch 1 - 00 (0.0%)
Active William Douglas PARMELEE 28 Feb 2014 Accountant American 2 - 32 (40.0%)
Resigned Michael Francis MCAULIFFE 28 Feb 2014 02 Feb 2016 Legal Advisor American 0 - 42 (50.0%)
Resigned Lee Andrew BARTLETT 30 Jan 1999 28 Feb 2014 Production Manager British 0 - 42 (50.0%)
Resigned Christopher John BARTLETT 28 Feb 2014 Managing Director British 1 - 54 (66.7%)
Resigned John Frederick BARTLETT 31 Jan 2010 Mining Engineer British 0 - 21 (50.0%)
Resigned Pauline BARTLETT 31 Jan 2010 Clerk British 0 - 42 (50.0%)
Number of active directors: 5
Average tenure of active directors: 9.7 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 14.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
OXBOW UK LIMITED (00131256) - Active
OXBOW CARBON & MINERALS U.K. LIMITED (02052085) - Dissolved
H. J. BAKER SULPHUR & FERTILIZER UK LTD (02140069) - Active
ELDON COLLIERY LIMITED (02307595) - Active
SOLID FUEL ASSOCIATION (02895640) - Active
EASTGATE MATERIALS HANDLING LIMITED (06557463) - Active - Proposal to Strike off
CLB (N.E) HOLDINGS LIMITED (07108333) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-09-162015-09-162014-09-162013-09-162012-09-16
OXBOW COAL LTDORDINARY100
50%
0
0%
0
0%
0
0%
0
0%
OXBOW COAL LTDORDINARY A NON VOTING100
50%
0
0%
0
0%
0
0%
0
0%
CLB (N.E.) HOLDINGS LIMITEDORDINARY A NON VOTING0
0%
100
50%
100
50%
0
0%
0
0%
CLB (N.E) HOLDINGS LIMITEDORDINARY0
0%
100
50%
100
50%
100
50%
100
50%
LEE ANDREW BARTLETTORDINARY A NON VOTING0
0%
0
0%
0
0%
50
25%
50
25%
CHRISTOPHER JOHN BARTLETTORDINARY A NON VOTING0
0%
0
0%
0
0%
50
25%
50
25%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ELDON COLLIERY 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: 23990 Manufacture of other non-metallic mineral products not elsewhere classified)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
ROCKWOOL LIMITED ROCKWOOL SITE, PENCOED, BRIDGEND, BRIDGEND COUNTY BOROUGH, UNITED KINGDOM, CF35 6NY 00972252 2017-12-31 113,250,000 3,624,000
ARMSTRONG WORLD INDUSTRIES LIMITED KINGSWAY SOUTH TEAM VALLEY, GATESHEAD, TYNE & WEAR, UNITED KINGDOM, NE11 0SP 00207732 2017-12-31 78,285,000 16,074,000
COAL PRODUCTS LIMITED WESTTHORPE FIELDS ROAD, KILLAMARSH, SHEFFIELD, S21 1TZ 01102042 2018-03-31 67,600,000 3,500,000
LKAB MINERALS LIMITED C/O LKAB MINERALS LIMITED, RAYNESWAY, DERBY, ENGLAND, DE21 7BE 04621769 2017-12-31 43,122,335 664,431
BRICK KILN COMPOSITES LIMITED 9 WORTON PARK, CASSINGTON, WITNEY, OXON, OX29 4SX 08825405 2018-05-31 3,522,482 0
MOULDING COMPOUNDS LIMITED C/O GLASSBOND (N.W) LIMITED WEST SIDE INDUSTRIAL ESTATE, JACKSON ST, ST HELENS, MERSEYSIDE, WA9 3AT 07886992 2018-02-28 983,486 0
GREENSCIENCEUK LIMITED 169 HIGHFIELD STREET, COALVILLE, LEICESTERSHIRE, UNITED KINGDOM, LE67 3BS 09775849 2018-09-30 2,988 0

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
ELDON COLLIERY LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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