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ORIOLE RESOURCES PLC
WESSEX HOUSE, UPPER MARKET STREET, EASTLEIGH, SO50 9FDPrevious name: STRATEX INTERNATIONAL PLC (changed on 04-Sep-2018)
Company Number: 05601091
Incorporation date: 24-Oct-2005
Status: Active
Entity type: Public Limited Company
SIC codes:
07290 Mining of other non-ferrous metal ores
SUMMARY
This company is 18.4 years old and is currently active. The company has positive equity (net assets) of GBP 9.6 million which has decreased from the previous year's figure of GBP 9.8 million. Retained earnings is negative (GBP -17.6 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 43 other companies, 6 (14.0%) 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 are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Jun-2024Accounts Filed: GROUP (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
23-Mar-2020 | GBP | -1,406,000 | 5,000 | -1,660,000 | |||
31-Dec-2019 | GBP | -1,406,000 | 5,000 | -1,660,000 | |||
31-Dec-2018 | GBP | -2,547,000 | 67,000 | -41,000 | -4,661,000 | ||
01-Mar-2018 | GBP | -7,501,652 | 45,550 | -20,189 | -5,402,433 | ||
31-Dec-2017 | GBP | -7,501,652 | 45,550 | -20,189 | -5,402,433 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
23-Mar-2020 | GBP | 163,000 | 284,000 | 4,908,000 | 21,253,000 | -17,578,000 | 9,559,000 | ||
31-Dec-2019 | GBP | 163,000 | 284,000 | 4,908,000 | 21,253,000 | -17,578,000 | 9,768,000 | ||
31-Dec-2018 | GBP | 1,287,000 | 2,070,000 | 4,908,000 | 21,253,000 | -16,427,000 | 11,435,000 | ||
01-Mar-2018 | GBP | 2,038,970 | 3,015,137 | 4,673,113 | 20,426,431 | -11,852,484 | 14,930,172 | ||
31-Dec-2017 | GBP | 2,038,970 | 3,015,137 | 4,673,113 | 20,426,431 | -11,852,484 | 14,913,633 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 4.79% | 1,061,456 | 21,117,830 | 22,179,286 | 19,985,573 |
** 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 | Robert John SMEETON | 04 Jun 2018 | 29 Mar 2024 | 1 - 0 | ||
Resigned | Jacqueline SAMUELS | 24 Oct 2005 | 24 Oct 2005 | British | 3 - 123 | |
Resigned | Perry Colin ASHWOOD | 24 Oct 2005 | 04 Jun 2018 | Chartered Accountant | British | 1 - 10 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Eileen CARR | 17 Feb 2022 | Accountant | British | 1 - 19 | 4 (20.0%) | |
Active | Claire Jenna Louise BAY | 09 Jul 2021 | Geologist | British | 1 - 0 | 0 (0.0%) | |
Active | David Almgren PELHAM | 03 Sep 2018 | Company Director | British | 1 - 2 | 1 (33.3%) | |
Resigned | John Francis Gerald MCGLOIN | 03 Sep 2018 | 17 Feb 2022 | Company Director | English | 1 - 7 | 2 (25.0%) |
Active | Robert John SMEETON | 04 Jun 2018 | Chartered Accountant | British | 6 - 18 | 1 (4.2%) | |
Active | Timothy James LIVESEY | 01 Mar 2018 | Chief Executive Officer | British | 2 - 2 | 1 (25.0%) | |
Resigned | Robert Peter, Dr FOSTER | 27 Nov 2017 | 01 Mar 2018 | Chief Executive Officer | British | 3 - 8 | 3 (27.3%) |
Resigned | Marcus David ENGELBRECHT | 01 Sep 2016 | 01 Nov 2017 | Md | Australian | 0 - 2 | 0 (0.0%) |
Resigned | Emma Kinder PRIESTLEY | 28 Nov 2014 | 17 Oct 2017 | Mining Engineer | British | 4 - 11 | 2 (13.3%) |
Resigned | John Richard COLE-BAKER | 01 Feb 2012 | 31 Mar 2015 | Manager | British | 0 - 3 | 0 (0.0%) |
Resigned | Gerald Peter Lacy ADDISON | 09 Jun 2008 | 03 Sep 2018 | Solicitor | British | 0 - 11 | 8 (72.7%) |
Resigned | Christopher Raymond John HALL | 01 Feb 2008 | 31 Dec 2016 | Geologist | British | 0 - 5 | 0 (0.0%) |
Resigned | Andrew Frederic De Paula MALIM | 10 May 2007 | 31 Dec 2007 | Corporate Finance | British | 4 - 20 | 11 (45.8%) |
Resigned | CITY LAW SERVICES LIMITED | 24 Oct 2005 | 24 Oct 2005 | 0 - 72 | 35 (48.6%) | ||
Resigned | Jacqueline SAMUELS | 24 Oct 2005 | 24 Oct 2005 | Chartered Secretary | British | 3 - 123 | 48 (38.1%) |
Resigned | Perry Colin ASHWOOD | 24 Oct 2005 | 04 Jun 2018 | Chartered Accountant | British | 1 - 10 | 2 (18.2%) |
Resigned | Robert Peter, Dr FOSTER | 24 Oct 2005 | 01 Sep 2016 | Geologist | British | 3 - 8 | 3 (27.3%) |
Resigned | Gavin John BURNELL | 24 Oct 2005 | 31 Jan 2007 | Corporate Adviser | British | 7 - 23 | 7 (23.3%) |
Resigned | Paul James FOORD | 24 Oct 2005 | 20 Feb 2008 | Management Consultant | British | 2 - 27 | 3 (10.3%) |
Average tenure of active directors: 4.5 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 16.5%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
ORIOLE RESOURCES PLC
Controlled companies below
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:
07290 Mining of other non-ferrous metal ores)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
FRESNILLO PLC | 2ND FLOOR, 21, UPPER BROOK STREET, LONDON, ENGLAND, W1K 7PY | 06344120 | 2017-12-31 | 2,093,308 | 560,807 |
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 |
---|---|---|---|---|
ORIOLE RESOURCES PLC | 0.9% | 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 | 1.7% | 4.0% | 5.9% | Medium |
Accounts category | 0.6% | 1.5% | 2.5% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |
VALUATION (BETA)
Valuation ratios as at 2024-02-28
Market Cap GBP | Enterprise Value GBP | PE | EV/Revenue | EV/EBITDA | |
---|---|---|---|---|---|
ORIOLE RESOURCES PLC | 12,860,000 | 8,603,380 | -10.1 | -10.1 | |
Industrial Metals and Mining ( 49 companies) |
109,079,550,000 | 122,792,528,851 | 9.2 (median) |
1.7 (median) |
3.1 (median) |