ARGENT ENERGY LIMITED

SWIRE HOUSE, 59 BUCKINGHAM GATE, LONDON, SW1E 6AJ

Previous name: ARGENT ENERGY TRADING LIMITED (changed on 24-Dec-2015)
Previous name: HOPEVIEW LIMITED (changed on 30-Jun-2005)

Company Number: 05455240
Incorporation date: 17-May-2005
Status: Active
Entity type: Private Limited Company

SIC codes:
20140 Manufacture of other organic basic chemicals





SUMMARY

This company is 19.5 years old and is currently active. It is controlled by Argent Energy Holdings Limited. The company has positive equity (net assets) of GBP 78.8 million which has increased from GBP -26.3 million in the previous year. The latest reported revenue figure is GBP 358 million which is up 10% on previous year's figure of GBP 332.6 million. Retained earnings is negative (GBP -36.2 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 16 other companies, 4 (25.0%) 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: 30-Sep-2025
Accounts Filed: FULL (31-Dec-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 357,984,000 -8,429,000 1,964,000 370,000 -9,883,000
31-Dec-2018 GBP 332,550,000 -13,310,000 1,235,000 2,473,000 -11,876,000
31-Dec-2017 GBP 105,492,000 -12,591,000 1,276,000 2,618,000 -11,249,000
31-Dec-2016 GBP 2,280,000 -3,621,000 424,000 -3,197,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 77,662,000 103,538,000 115,000,000 -36,205,000 78,795,000
31-Dec-2018 GBP 172,281,000 262,751,000 -26,322,000 -26,322,000
31-Dec-2017 GBP 60,319,000 57,136,000 84,000,000 -14,446,000 -14,446,000
31-Dec-2016 GBP 3,255,000 73,094,000 -3,197,000

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 David Charles MORRIS 03 Oct 2018 04 Nov 2024 1 - 0
Resigned Ann Marie DIBBEN 23 Aug 2016 13 Jul 2018 0 - 1
Resigned David Charles MORRIS 17 Dec 2015 23 Aug 2016 0 - 1
Resigned James Arthur Richard BOYD 30 Jan 2009 17 Dec 2015 Accountant British 0 - 30
Resigned Christopher David BOND 04 May 2007 28 Jan 2009 Legal & Environmental Director Other 0 - 14
Resigned Russell John HYND 21 Apr 2006 27 Apr 2007 British 0 - 20
Resigned Ronald Bannatyne MACEACHRAN 12 Oct 2005 21 Apr 2006 British 0 - 66
Resigned Andrew John BARNES 10 Jun 2005 12 Oct 2005 Company Director British 6 - 121
Resigned Georgia HOULKER 20 May 2005 10 Jun 2005 Accountant New Zealander 0 - 4

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Marco DALL'AGLIO 24 Oct 2023 Accountant Italian 3 - 00 (0.0%)
Active Louise Jacqueline, Dr CALVIOU 24 Oct 2023 Director British 5 - 34 (50.0%)
Resigned Lamberto GAGGIOTTI 13 May 2022 23 Feb 2023 None Italian 0 - 20 (0.0%)
Resigned Craig Howard ACTON 06 Jan 2020 13 May 2022 Director British 0 - 20 (0.0%)
Resigned Dirk Willem RABELINK 06 Jan 2020 30 Jun 2021 Director Dutch 0 - 20 (0.0%)
Resigned Hazel Elizabeth MATTHEWS 12 Mar 2019 30 Sep 2020 None British 0 - 61 (16.7%)
Active Nicola DEAN 12 Mar 2019 None British 4 - 64 (40.0%)
Resigned Erik Peter RIETKERK 12 Mar 2019 31 Dec 2023 Director Dutch 0 - 74 (57.1%)
Resigned Michael William SCOTT 12 Mar 2019 15 Dec 2022 Chartered Chemical Engineer British 3 - 20 (0.0%)
Resigned Andrew William DANE 12 Mar 2019 09 Jul 2020 Chartered Accountant British 4 - 74 (36.4%)
Active Dickon Walker POSNETT 12 Mar 2019 Company Director British 4 - 41 (12.5%)
Resigned John Bruce RAE-SMITH 03 Aug 2018 12 Mar 2019 Company Director British 7 - 112 (11.1%)
Resigned James Lamont WALKER 15 May 2017 03 Aug 2018 Farmer British 2 - 156 (35.3%)
Resigned James Arthur Richard BOYD 07 Apr 2008 12 Mar 2019 Accountant British 0 - 3021 (70.0%)
Resigned Ronald Bannatyne MACEACHRAN 04 Jul 2005 06 Apr 2008 Company Director British 0 - 6622 (33.3%)
Resigned Hamish CURRAN 10 Jun 2005 31 Oct 2005 Director British 0 - 20 (0.0%)
Resigned David John GRAY 08 Jun 2005 18 Aug 2009 Company Director British 39 - 4232 (39.5%)
Resigned Andrew Pennington Havard HUNTER 08 Jun 2005 31 Mar 2018 None British 3 - 5730 (50.0%)
Resigned Andrew John BARNES 20 May 2005 24 Oct 2005 Company Director British 6 - 12164 (50.4%)
Resigned SDG SECRETARIES LIMITED 17 May 2005 20 May 2005 0 - 48432645 (54.6%)
Resigned SDG REGISTRARS LIMITED 17 May 2005 20 May 2005 0 - 43172466 (57.1%)
Number of active directors: 4
Average tenure of active directors: 3.3 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 25.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
KINGSWOOD ENTERPRISES LIMITED (02545442) - Active
WILD TRACKS LIMITED (02736375) - Active
RELATE CHESHIRE AND MERSEYSIDE (03298755) - Active
CINTRA DEVELOPMENT LIMITED (03963650) - Dissolved
THE CHRISTIAN BUILDING TRUST (04002437) - Active
KINGSWOOD SCHOOL TRUSTEE LIMITED (04253059) - Active
NETWORK RAIL PENSION TRUSTEE LIMITED (05067789) - Active
PURE INNOVATIONS LIMITED (05241249) - Active
ARGENT ENERGY LIMITED (05455240) - Active
ARGENT ENERGY PROPERTIES LIMITED (05813970) - Active - Proposal to Strike off
VALTRIS ADVANCED ORGANICS LIMITED (08222822) - Active
ARGENT ENERGY HOLDINGS LIMITED (08562451) - Active
ARGENT OIL TERMINAL LIMITED (09875418) - Active - Proposal to Strike off
RENEWABLE TRANSPORT FUEL ASSOCIATION (13028135) - Active
ARGENT OILS (UK) LIMITED (SC039715) - Active - Proposal to Strike off
ARGENT ENERGY (UK) LIMITED (SC220609) - Active
ARGENT ENERGY GROUP LIMITED (SC359384) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-05-172019-05-172016-05-172015-05-172014-05-17
ARGENT ENERGY HOLDINGS LIMITEDORDINARY117,755,620
100%
115,000,001
100%
1
100%
0
0%
0
0%
ARGENT ENERGY GROUP LTDORDINARY0
0%
0
0%
0
0%
1
100%
0
0%
ARGENT ENERGY (UK) LTDORDINARY0
0%
0
0%
0
0%
0
0%
1
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2011-06-26
ARGENT ENERGY LIMITEDORDINARY6
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ARGENT ENERGY LIMITED

no controlled companies

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
2020-07-01 2020-12-31 26 4% 16% 41831
2020-01-01 2020-06-30 31 8% 22% 36395
2019-07-01 2019-12-31 35 10% 30% 36386
2019-01-01 2019-06-30 28 6% 25% 24783
2018-07-01 2018-12-31 27 5% 16% 21390
2018-01-01 2018-06-30 31 9% 9% 4863


COURT CASES


Date Title Reference Subject
2019-03-27 BDI Holding GmbH v Argent Energy Ltd & Anor [2019] EWHC 765 (IPEC)

PATENTS


Title Date filed Status Publication number
Biodiesel composition and related process and products 2014-06-19 Granted GB2515399

COMPETITORS

(Based on Sic code: 20140 Manufacture of other organic basic chemicals)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
EXXONMOBIL CHEMICAL LIMITED ERMYN HOUSE, ERMYN WAY, LEATHERHEAD, SURREY, ENGLAND, KT22 8UX 00867162 2017-12-31 732,000,000 145,000,000
BASF PUBLIC LIMITED COMPANY 4TH AND 5TH FLOORS 2 STOCKPORT EXCHANGE, RAILWAY ROAD, STOCKPORT, UNITED KINGDOM, SK1 3GG 00667980 2017-12-31 678,098,000 11,361,000 46750-Wholesale of chemical products
BRENNTAG UK LIMITED ALPHA HOUSE, LAWNSWOOD BUSINESS PARK, REDVERS CLOSE, LEEDS, ENGLAND, LS16 6QY 05262170 2017-12-31 316,286,000 16,214,000 20590-Manufacture of other chemical products not elsewhere classified
49410-Freight transport by road
INFINEUM UK LTD. MILTON HILL BUSINESS AND TECHNOLOGY CENTRE, MILTON HILL, ABINGDON, OXFORDSHIRE, UNITED KINGDOM, OX13 6BD 03137282 2017-12-31 306,364,000 16,153,000
SABIC UK PETROCHEMICALS LIMITED THE WILTON CENTRE, WILTON, REDCAR, CLEVELAND, TS10 4RF 03767075 2017-12-31 280,900,000 23,400,000
ABCAM PLC DISCOVERY DRIVE, CAMBRIDGE BIOMEDICAL CAMPUS, CAMBRIDGE, UNITED KINGDOM, CB2 0AX 03509322 2018-06-30 233,200,000 62,200,000 32990-Other manufacturing not elsewhere classified
72110-Research and experimental development on biotechnology
EVONIK CHEMICALS LIMITED - CLAYTON LANE, CLAYTON, MANCHESTER, UNITED KINGDOM, M11 4SR 00092092 2017-12-31 232,113,000 40,636,000
INEOS CHEMICALS GRANGEMOUTH LIMITED HAWKSLEASE, CHAPEL LANE, LYNDHURST, HAMPSHIRE, SO43 7FG 06981897 2017-12-31 222,863,000 45,561,000 20160-Manufacture of plastics in primary forms
INFINEUM INTERNATIONAL LIMITED MILTON HILL BUSINESS AND TECHNOLOGY CENTRE, MILTON HILL, ABINGDON, OXFORDSHIRE, UNITED KINGDOM, OX13 6BD 03623664 2017-12-31 183,540,000 9,686,000
ARGENT ENERGY (UK) LIMITED 236-240 BIGGAR ROAD, NEWARTHILL, MOTHERWELL, SCOTLAND, ML1 5FA SC220609 2017-12-31 171,542,000 1,015,000
SHELL CHEMICALS U.K. LIMITED SHELL CENTRE, LONDON, SE1 7NA 00407234 2017-12-31 130,587,000 12,645,000
ARGENT ENERGY LIMITED SWIRE HOUSE, 59 BUCKINGHAM GATE, LONDON, UNITED KINGDOM, SW1E 6AJ 05455240 2017-12-31 105,492,000 -11,249,000
INEOS CHLOROTOLUENES LIMITED LANKRO WAY, ECCLES, MANCHESTER, UNITED KINGDOM, M30 0LX 08222822 2017-12-31 71,600,000 700,000
SYNTHITE LIMITED ALYN WORKS, DENBIGH ROAD, MOLD, FLINTSHIRE, CH7 1BT 00164640 2017-12-31 50,855,400 4,014,094
MATERIAL HARVEST LIMITED ST. JOHN'S INNOVATION PARK (MATERIAL HARVEST LIMITED), COWLEY ROAD, CAMBRIDGE, CAMBRIDGESHIRE, CB4 0WS 06466630 2019-01-31 16,678 0 46750-Wholesale of chemical products
46900-Non-specialised wholesale trade
ARGENT ENERGY GROUP LIMITED 236-240 BIGGAR ROAD, NEWARTHILL, MOTHERWELL, SCOTLAND, ML1 5FA SC359384 2017-12-31 0 -97,000
NALCO ACQUISITION ONE NALCO ACQUISITION ONE, WINNINGTON AVENUE, NORTHWICH, CHESHIRE, UNITED KINGDOM, CW8 4DX 04943458 0000-00-00 0 0
NALCO ACQUISITION TWO LIMITED PO BOX 11 WINNINGTON AVENUE, NORTHWICH, CHESHIRE, CW8 4DX 04942336 0000-00-00 0 0
SABIC TEES HOLDINGS LIMITED THE WILTON CENTRE, WILTON, RECDAR, CLEVELAND, TS10 4RF 06009440 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
ARGENT ENERGY LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% 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
Do you have a dispute with a business?
Make it public