CELTIC ENERGY LIMITED

AVALON HOUSE, 5-7 CATHEDRAL ROAD, CARDIFF, CF11 9HA

Company Number: 02997376
Incorporation date: 28-Nov-1994
Status: Active
Entity type: Private Limited Company

SIC codes:
05102 Open cast coal working





SUMMARY

This company is 29.7 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 20.9 million which has decreased from the previous year's figure of GBP 127 million. The company has 1 active officers (directors or partners) who are or were officers of 17 other companies, 3 (17.6%) 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 is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2023 GBP 11,206,000 586,000 -1,161,000 12,953,000
31-Mar-2022 GBP 33,077,000 14,472,000 42,000 1,504,000 13,010,000
31-Mar-2021 GBP 30,211,000 14,876,000 1,460,000 321,000 2,585,000 13,751,000
31-Mar-2020 GBP 33,674,000 23,985,000 453,000 1,124,000 2,796,000 20,518,000
31-Mar-2019 GBP 38,346,000 62,227,000 510,000 2,306,000 8,622,000 51,809,000
31-Mar-2018 GBP 39,063,000 17,353,000 321,000 3,701,000 903,000 13,070,000
31-Mar-2017 GBP 39,801,000 -5,128,000 158,000 5,011,000 -142,000 -9,839,000
31-Mar-2016 GBP 52,682,000 -4,641,000 788,000 3,581,000 304,000 -7,130,000
31-Mar-2015 GBP 66,420,000 -204,000 817,000 3,960,000 1,079,000 -2,369,000
31-Mar-2014 GBP 81,209,000 17,344,000 331,000 4,231,000 2,093,000 11,354,000
01-Mar-2013 GBP 94,795,000 18,294,000 362,000 4,140,000 1,476,000 15,950,000
01-Mar-2012 GBP 83,860,000 25,280,000 264,000 1,841,000 1,014,000 24,044,000
01-Mar-2011 GBP 68,447,000 8,194,000 9,090,000 2,037,000 7,210,000 21,812,000
01-Mar-2010 GBP 67,595,000 -3,817,000 29,000 3,682,000 -250,000
31-Mar-2009 GBP 5,239,000 1,670,000 204,000 597,000 3,207,000
31-Mar-2007 GBP 531,000 307,000 10,000 1,604,000
31-Mar-2006 GBP 306,000 303,000 -2,357,000 -4,639,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 16,347,000 21,940,000 463,000 10,919,000 20,919,000
31-Mar-2022 GBP 16,987,000 129,214,000 5,235,000 113,802,000 126,960,000
31-Mar-2021 GBP 8,580,000 129,304,000 5,463,000 100,792,000 113,950,000
31-Mar-2020 GBP 16,675,000 139,902,000 10,060,000 89,139,000 100,199,000
31-Mar-2019 GBP 21,687,000 150,718,000 12,185,000 10,000 69,058,000 80,118,000
31-Mar-2018 GBP 21,192,000 149,848,000 5,941,000 130,000 17,206,000 28,266,000
31-Mar-2017 GBP 21,620,000 160,366,000 7,164,000 340,000 4,264,000 15,324,000
31-Mar-2016 GBP 24,630,000 161,200,000 14,036,000 624,000
31-Mar-2015 GBP 38,750,000 178,360,000 205,225,000 22,093,000 32,093,000
31-Mar-2014 GBP 48,424,000 169,926,000 203,653,000 25,686,000 35,686,000
01-Mar-2013 GBP 48,035,000 172,132,000 204,099,000 14,248,000 24,248,000
01-Mar-2012 GBP 37,880,000 144,926,000 188,326,000 47,828,000 57,828,000
01-Mar-2011 GBP 45,940,000 101,977,000 123,391,000 24,583,000 34,583,000
01-Mar-2010 GBP 52,828,000 114,343,000 163,022,000 2,022,000 12,022,000
31-Mar-2009 GBP 49,284,000 114,476,000 12,315,000 10,458,000 20,458,000
31-Mar-2007 GBP 23,789,000 84,941,000 13,302,000 2,866,000 127,085,000 1,706,000 11,706,000
31-Mar-2006 GBP 11,794,000 82,988,000 11,676,000 3,416,000 120,459,000 13,048,000 21,339,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2016 GBP inf% -205,225,000 205,225,000 0 71,234,500
31-Mar-2015 GBP 0.77% 1,572,000 203,653,000 205,225,000 160,852,000
31-Mar-2014 GBP -0.22% -446,000 204,099,000 203,653,000 155,646,500
01-Mar-2013 GBP 7.73% 15,773,000 188,326,000 204,099,000 153,255,000
01-Mar-2012 GBP 34.48% 64,935,000 123,391,000 188,326,000 113,948,500
31-Mar-2009 GBP inf% -128,791,000 128,791,000 0 29,292,000
31-Mar-2007 GBP 5.21% 8,332,000 151,473,647 159,805,647 140,989,147
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Leighton HUMPHREYS 30 Nov 2006 19 Nov 2012 Finance Director British 0 - 6
Resigned David Maxwell WARREN 20 Apr 1995 30 Nov 2006 British 1 - 52
Resigned Mark THOMAS 30 Dec 1994 20 Apr 1995 Accountant British 0 - 9
Resigned CLIFFORD CHANCE SECRETARIES LIMITED 28 Nov 1994 30 Dec 1994 0 - 719

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Richard John WALTERS 15 May 2015 Company Owner British 10 - 145 (20.8%)
Resigned William WATSON 20 Feb 2013 30 Jul 2022 Chief Executive Officer British 4 - 117 (46.7%)
Resigned Richard Eric MORRIS 11 Jan 2012 30 Apr 2022 Director British 1 - 20 (0.0%)
Resigned Robert Kenneth THOMPSON 01 Jan 2011 01 May 2023 Operational Director British 1 - 32 (50.0%)
Resigned Leighton HUMPHREYS 23 Oct 2006 19 Nov 2012 Finance Director British 2 - 113 (23.1%)
Resigned DHM CONSULTANCY LIMITED 05 Oct 2005 06 Feb 2024 0 - 81 (12.5%)
Resigned Richard John WALTERS 16 Aug 2004 19 Nov 2012 Company Director British 10 - 145 (20.8%)
Resigned Douglas John LEE 09 Jan 2002 23 Oct 2006 Accountant British 10 - 135 (21.7%)
Resigned Philip JONES 29 Jan 1998 14 Dec 2001 Finance Director British 0 - 30 (0.0%)
Resigned Dale HART 21 Nov 1996 14 Dec 2001 Director British 19 - 95 (17.9%)
Resigned Lawrence Keith MCNAIR 18 Sep 1996 07 Feb 1998 Company Director British 0 - 50 (0.0%)
Resigned David William KENDALL 19 Jun 1996 16 Jul 2003 Company Director British 0 - 2615 (57.7%)
Resigned John Charles CHANCE 16 Feb 1995 24 Apr 1997 Director British 0 - 63 (50.0%)
Resigned Christopher BANKS 16 Feb 1995 17 Apr 1998 Director British 0 - 61 (16.7%)
Resigned Eric John BLANK 30 Dec 1994 01 Apr 1998 Marketing And Quality Control British 0 - 30 (0.0%)
Resigned Bryan RIDDLESTON 30 Dec 1994 01 Jul 1996 Regional Director British 0 - 70 (0.0%)
Resigned Mark THOMAS 30 Dec 1994 03 Jul 2006 Accountant British 0 - 91 (11.1%)
Resigned Nicola Jane KIRRUP 28 Nov 1994 30 Dec 1994 Government Service British 0 - 41 (25.0%)
Resigned Fiona Stewart PRICE 28 Nov 1994 30 Dec 1994 Government Service British 0 - 21 (50.0%)
Number of active directors: 1
Average tenure of active directors: 9.2 years
Average tenure of resigned directors: 6.0 years
Average active director Dissolution Rate: 20.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
G. WALTERS (HOLDINGS) LIMITED (02686054) - Active
AVALON GLEN (02885745) - Active
FFOS LAS LIMITED (02910531) - Active
CELTIC MINING LIMITED (02984560) - Active
CELTIC ENERGY LIMITED (02997376) - Active
CELTIC MINING GROUP LIMITED (05110139) - Active
CELTIC ENVIRONMENTAL DEVELOPMENTS LIMITED (05458168) - Liquidation
CELTIC MINING OPERATIONS GROUP LIMITED (06118256) - Active
SINCLAIR GARAGES (SWANSEA) LIMITED (06141261) - Active
J.V.LIKE LIMITED (06765856) - Active
HIGH BIRD DEVELOPMENTS LIMITED (07105156) - Dissolved
RJW LEINTHALL (HOLDINGS) LIMITED (07141381) - Dissolved
FILTERCITE LTD (10444508) - Active
RJW GROUP HOLDINGS LIMITED (10460169) - Active
PROVINCA DEVELOPMENTS (ONE) LIMITED (10463517) - Active
DMF FINANCIAL LIMITED (13033484) - Active
CORNERSTONE CAPITAL FINANCE LIMITED (13044056) - Active
CELTIC ENERGY 21 LIMITED (13598849) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-282014-11-282013-11-282012-11-282011-11-28
CELTIC GROUP HOLDINGSORDINARY1
100%
1
100%
1
100%
1
100%
1
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CELTIC ENERGY LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2021-03-28 2021-09-25 30 0% 7% 50384
2020-09-27 2021-03-27 32 1% 8% 50383
2020-03-29 2020-09-26 32 1% 11% 39292
2019-09-29 2020-03-28 % % 30014
2019-09-29 2020-03-28 29 0% 9% 30015
2019-03-31 2019-09-28 32 1% 8% 23990
2018-09-30 2019-03-30 % % 14402
2018-09-30 2019-03-30 31 1% 28% 14403
2018-03-24 2018-09-29 32 1% 6% 7248


COURT CASES


Date Title Reference Subject
2011-10-11 Celtic Energy Ltd v The Welsh Ministers [2011] EWCA Civ 1122

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 05102 Open cast coal working)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HARGREAVES SURFACE MINING LIMITED WEST TERRACE, ESH WINNING, DURHAM, DH7 9PT 07813088 2018-05-31 53,367,000 -2,675,000
CELTIC ENERGY LIMITED AVALON HOUSE, 5-7 CATHEDRAL ROAD, CARDIFF, UNITED KINGDOM, CF11 9HA 02997376 2018-03-31 39,063,000 13,070,000
CELTIC ENERGY LIMITED AVALON HOUSE, 5-7 CATHEDRAL ROAD, CARDIFF, UNITED KINGDOM, CF11 9HA 02997376 2018-03-31 39,063,000 0
WALTERS RESOURCES LIMITED HIRWAUN HOUSE, HIRWAUN IND ESTATE, HIRWAUN ABERDARE, CF44 9UL 01900234 2018-02-28 17,604,060 0 68209-Other letting and operating of own or leased real estate
78300-Human resources provision and management of human resources functions
CELTIC GROUP HOLDINGS AVALON HOUSE, 5-7 CATHEDRAL ROAD, CARDIFF, UNITED KINGDOM, CF11 9HA 02885745 0000-00-00 0 0
CELTIC MINING GROUP LIMITED AVALON HOUSE, 5-7 CATHEDRAL ROAD, CARDIFF, UNITED KINGDOM, CF11 9HA 05110139 0000-00-00 0 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
CELTIC ENERGY 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 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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