GCM RESOURCES PLC

3 BUNHILL ROW, LONDON, EC1Y 8YZ

Previous 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 20.8 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 5 active officers (directors or partners) who are or were officers of 4 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-2024
Accounts 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
* 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)
Active Keith FULTON 17 Jun 2019 25 Jun 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 0 - 13
Resigned Lisa Gaye MITCHELL 14 Nov 2006 21 Aug 2008 Cfo Australian 0 - 3
Resigned Graham John TAGGART 03 Apr 2006 30 Jan 2013 Fianance Officer Australian 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 Paul Roger Anthony SHACKLETON 22 Mar 2024 Company Director British 2 - 00 (0.0%)
Active Charles Edward GREEN 22 Mar 2024 Company Director British 2 - 11 (33.3%)
Active Gary Norman LYE 22 Jan 2021 Company Director Australian 1 - 00 (0.0%)
Resigned James Graham HOBSON 08 Jan 2021 30 Nov 2021 Director Australian 3 - 31 (16.7%)
Resigned Christian TAYLOR-WILKINSON 19 May 2020 28 Feb 2024 Company Director British 0 - 30 (0.0%)
Active Keith FULTON 17 Jun 2019 Auditor British 2 - 00 (0.0%)
Resigned Mohd Najib Bin Abdul AZIZ 17 Jun 2019 11 Oct 2023 Director Malaysian 0 - 10 (0.0%)
Resigned James Graham HOBSON 18 Nov 2016 17 Jun 2019 Finance Director Australian 0 - 31 (33.3%)
Resigned Nik Raof DAUD 30 Sep 2015 01 Dec 2018 Company Director Malaysian 2 - 163 (16.7%)
Resigned Neil Lindsey HERBERT 26 Jun 2013 02 Oct 2013 Company Director British 0 - 2413 (54.2%)
Active Michael Vee Mun TANG 26 Jun 2013 Company Director Malaysian 1 - 00 (0.0%)
Resigned Guy ELLIOTT 26 Jun 2013 30 Sep 2015 Financial Adviser United States 0 - 10 (0.0%)
Resigned Stephen Roland DATTELS 28 Apr 2009 26 Jun 2013 Director Canadian 0 - 95 (55.6%)
Resigned Neil Lindsey HERBERT 11 Mar 2008 28 May 2008 Director British 0 - 2413 (54.2%)
Resigned John Gerard HOLDEN 09 May 2006 26 Jun 2013 Company Director British 0 - 31 (33.3%)
Resigned Graham John TAGGART 03 Apr 2006 30 Jan 2013 Finance Officer Australian 0 - 73 (42.9%)
Resigned Stephen BYWATER 10 Feb 2006 31 Mar 2012 Managing Director Australian 0 - 52 (40.0%)
Resigned Michael Julian FRAYNE 05 Dec 2003 26 Jan 2006 Geologist Australian 0 - 20 (0.0%)
Resigned Christopher John EAGER 05 Nov 2003 09 May 2006 Company Director Australian 0 - 30 (0.0%)
Resigned David Anthony LENIGAS 05 Nov 2003 25 Jun 2009 Mining Engineer Australian 0 - 4317 (39.5%)
Resigned Alwyn DAVEY 26 Sep 2003 18 Feb 2004 Company Administrator New Zealander 0 - 4326 (60.5%)
Resigned Jonathan Wyndham MALINS 26 Sep 2003 21 Dec 2005 Company Director British 0 - 2315 (65.2%)
Number of active directors: 5
Average tenure of active directors: 4.0 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 6.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
EMMET GREEN ASSOCIATES LIMITED (03967478) - Active
RURELEC PLC (04812855) - Active
GCM RESOURCES PLC (04913119) - Active
SOUTH AFRICAN COAL LIMITED (06006953) - Active
BISON ENERGY SERVICES PLC (08366827) - Dissolved

SHAREHOLDERS (BETA)

No shareholder data available
This is a Public Limited Company therefore the list of shareholders is not publicly 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 2024-05-31


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
GCM RESOURCES PLC 15,550,000 20,583,100 5.8 -7.7 -8.6
Oil Gas and Coal
( 58 companies)
92,557,800,000 156,952,270,916 6.3
(median)
1.0
(median)
N/A
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