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GCM RESOURCES PLC
3 BUNHILL ROW, LONDON, EC1Y 8YZPrevious name: GLOBAL COAL MANAGEMENT PLC (changed on 12-Dec-2007)
Previous name: ASIA ENERGY PLC (changed on 10-Jan-2007)
Company Number: 04913119
Incorporation date: 26-Sep-2003
Status: Active
Entity type: Public Limited Company
SIC codes:
05102 Open cast coal working
35110 Production of electricity
SUMMARY
This company is 20.5 years old and is currently active. The company has positive equity (net assets) of GBP 37.4 million which has decreased from the previous year's figure of GBP 38.6 million. Retained earnings is negative (GBP -29.1 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 4 active officers (directors or partners) who are or were officers of 3 other companies. 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-Dec-2024Accounts Filed: GROUP (30-Jun-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Jun-2020 | GBP | -1,388,000 | 127,000 | -1,515,000 | |||
30-Jun-2019 | GBP | -5,860,000 | 164,000 | -6,024,000 | |||
30-Jun-2018 | GBP | -5,160,000 | 191,000 | -5,351,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Jun-2020 | GBP | 69,000 | 85,000 | 4,320,000 | 3,220,000 | 11,256,000 | 53,534,000 | -29,079,000 | 37,417,000 |
30-Jun-2019 | GBP | 385,000 | 408,000 | 3,045,000 | 2,343,000 | 9,864,000 | 50,497,000 | -27,564,000 | 38,632,000 |
30-Jun-2018 | GBP | 446,000 | 483,000 | 1,763,000 | 1,279,000 | 9,811,000 | 50,484,000 | -21,540,000 | 39,380,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
30-Jun-2020 | GBP | 12.37% | 4,429,000 | 31,384,810 | 35,813,810 | 36,153,810 |
30-Jun-2019 | GBP | 0.54% | 66,000 | 12,217,472 | 12,283,472 | 13,645,972 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Keith FULTON | 17 Jun 2019 | 28 Mar 2024 | 1 - 0 | ||
Resigned | James Graham HOBSON | 22 Dec 2011 | 17 Jun 2019 | 0 - 1 | ||
Resigned | Richard John BRIMELOW | 11 Dec 2008 | 22 Dec 2011 | Chartered Accountant | British | 2 - 11 |
Resigned | Lisa Gaye MITCHELL | 14 Nov 2006 | 21 Aug 2008 | 0 - 3 | ||
Resigned | Graham John TAGGART | 03 Apr 2006 | 30 Jan 2013 | 0 - 7 | ||
Resigned | Donald Ian George Layman STRANG | 21 Feb 2005 | 14 Nov 2006 | 0 - 7 | ||
Resigned | Alwyn DAVEY | 26 Sep 2003 | 28 Feb 2006 | Company Administrator | New Zealander | 0 - 43 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Gary Norman LYE | 22 Jan 2021 | Company Director | Australian | 1 - 0 | 0 (0.0%) | |
Resigned | James Graham HOBSON | 08 Jan 2021 | 30 Nov 2021 | Director | Australian | 3 - 3 | 1 (16.7%) |
Active | Christian TAYLOR-WILKINSON | 19 May 2020 | Company Director | British | 1 - 2 | 0 (0.0%) | |
Active | Keith FULTON | 17 Jun 2019 | Auditor | British | 2 - 0 | 0 (0.0%) | |
Resigned | Mohd Najib Bin Abdul AZIZ | 17 Jun 2019 | 11 Oct 2023 | Director | Malaysian | 0 - 1 | 0 (0.0%) |
Resigned | James Graham HOBSON | 18 Nov 2016 | 17 Jun 2019 | Finance Director | Australian | 0 - 3 | 1 (33.3%) |
Resigned | Nik Raof DAUD | 30 Sep 2015 | 01 Dec 2018 | Company Director | Malaysian | 2 - 16 | 2 (11.1%) |
Resigned | Neil Lindsey HERBERT | 26 Jun 2013 | 02 Oct 2013 | Company Director | British | 0 - 24 | 13 (54.2%) |
Resigned | Guy ELLIOTT | 26 Jun 2013 | 30 Sep 2015 | Financial Adviser | United States | 0 - 1 | 0 (0.0%) |
Active | Michael Vee Mun TANG | 26 Jun 2013 | Company Director | Malaysian | 1 - 0 | 0 (0.0%) | |
Resigned | Stephen Roland DATTELS | 28 Apr 2009 | 26 Jun 2013 | Director | Canadian | 0 - 9 | 5 (55.6%) |
Resigned | Neil Lindsey HERBERT | 11 Mar 2008 | 28 May 2008 | Director | British | 0 - 24 | 13 (54.2%) |
Resigned | John Gerard HOLDEN | 09 May 2006 | 26 Jun 2013 | Company Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Graham John TAGGART | 03 Apr 2006 | 30 Jan 2013 | Finance Officer | Australian | 0 - 7 | 3 (42.9%) |
Resigned | Stephen BYWATER | 10 Feb 2006 | 31 Mar 2012 | Managing Director | Australian | 0 - 5 | 2 (40.0%) |
Resigned | Michael Julian FRAYNE | 05 Dec 2003 | 26 Jan 2006 | Geologist | Australian | 0 - 2 | 0 (0.0%) |
Resigned | David Anthony LENIGAS | 05 Nov 2003 | 25 Jun 2009 | Mining Engineer | Australian | 0 - 43 | 17 (39.5%) |
Resigned | Christopher John EAGER | 05 Nov 2003 | 09 May 2006 | Company Director | Australian | 0 - 3 | 0 (0.0%) |
Resigned | Alwyn DAVEY | 26 Sep 2003 | 18 Feb 2004 | Company Administrator | New Zealander | 0 - 43 | 26 (60.5%) |
Resigned | Jonathan Wyndham MALINS | 26 Sep 2003 | 21 Dec 2005 | Company Director | British | 0 - 23 | 15 (65.2%) |
Average tenure of active directors: 5.6 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||
---|---|---|---|---|---|
GCM RESOURCES PLC (04913119) - Active | ✔ | ✔ | ✔ | ✔ | |
ALTONA RARE EARTHS PLC (05350512) - Active | ✔ | ||||
SOUTH AFRICAN COAL LIMITED (06006953) - Active | ✔ | ||||
CADOGAN LEANDER LTD (09634463) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
GCM RESOURCES PLC
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:
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 |
---|---|---|---|---|
GCM RESOURCES PLC | 0.9% | 3.7% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 1.7% | 4.0% | 5.9% | Medium |
Accounts category | 0.6% | 1.5% | 2.5% | Medium |
Accounting Month | 0.7% | 5.7% | 7.5% | Medium |
Sic code count | 0.8% | 3.8% | 7.5% | Medium |
VALUATION (BETA)
Valuation ratios as at 2024-02-28
Market Cap GBP | Enterprise Value GBP | PE | EV/Revenue | EV/EBITDA | |
---|---|---|---|---|---|
GCM RESOURCES PLC | 8,040,000 | 13,209,500 | |||
Oil Gas and Coal ( 58 companies) |
87,047,900,000 | 150,985,372,345 | 19.5 (median) |
2.8 (median) |
5.4 (median) |