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SEAL SANDS GAS TRANSPORTATION LIMITED
14 ST. GEORGE STREET, LONDON, W1S 1FEPrevious name: PX GAS TRANSPORTATION LIMITED (changed on 05-Sep-2006)
Company Number: 05807610
Incorporation date: 05-May-2006
Status: Active
Entity type: Private Limited Company
SIC codes:
35210 Manufacture of gas
SUMMARY
This company is 17.9 years old and is currently active. It is controlled by Teesside Gasport Limited. The company has negative equity (net assets) of USD -8 million which has worsened since the previous year's figure of USD -5.5 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (USD -26.6 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 2 active officers (directors or partners) who are or were officers of 5 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: 30-Jun-2024Accounts Filed: SMALL (30-Sep-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Sep-2022 | USD | -2,577,484 | |||||
30-Sep-2021 | USD | 133,915 | |||||
30-Sep-2020 | USD | -570,348 | |||||
30-Sep-2019 | USD | 25,583 | |||||
30-Sep-2018 | USD | -4,481,530 | |||||
30-Sep-2017 | USD | -425,318 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Sep-2022 | USD | 1,474 | 7,039 | 202,093 | 14,413,007 | 4,899,082 | -26,574,553 | -8,034,882 | |
30-Sep-2021 | USD | 1,336 | 27,403 | 92,043 | 14,413,007 | 4,899,082 | -23,997,069 | -5,457,398 | |
30-Sep-2020 | USD | 204,258 | 219,571 | 4,923,469 | 14,413,006 | -24,130,984 | -10,490,396 | ||
30-Sep-2019 | USD | 417,290 | 420,940 | 4,971,273 | 14,413,006 | -23,560,636 | -9,920,048 | ||
30-Sep-2018 | USD | 606,814 | 899,461 | 5,069,037 | 81,330 | 14,413,006 | -23,586,219 | -9,945,631 | |
30-Sep-2017 | USD | 110,366 | 317,250 | 203,722 | 49,637 | 13,640,588 | -19,104,689 | -5,464,101 | |
31-Dec-2016 | GBP | 88,511 | 646,099 | 261,215 | 10,150,002 | -13,790,538 | -3,640,536 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
30-Sep-2021 | USD | 0.00% | 4,899,083 | 70,610,512,673,498 | 70,610,517,572,581 | 70,610,515,020,243 |
30-Sep-2018 | USD | 5.36% | 772,418 | 13,640,588 | 14,413,006 | 13,733,691 |
30-Sep-2017 | USD | 25.59% | 3,490,586 | 10,150,002 | 13,640,588 | 11,820,675 |
** 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) |
---|---|---|---|---|---|---|
Resigned | PX APPOINTMENTS LIMITED | 10 May 2006 | 08 Jun 2017 | 4 - 30 | ||
Resigned | INGLEBY NOMINEES LIMITED | 05 May 2006 | 10 May 2006 | 0 - 177 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Richard Jonathan HOLTUM | 01 Jun 2023 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Naeem AHMED | 16 Apr 2021 | Director | British | 5 - 1 | 0 (0.0%) | |
Resigned | Robert James GILLON | 03 Jul 2019 | 16 Apr 2021 | Head Of Oil Trading | British | 6 - 6 | 0 (0.0%) |
Resigned | Jose Maria LAROCCA | 08 Jun 2017 | 28 Jan 2021 | Oil Trader | Italian | 1 - 1 | 0 (0.0%) |
Resigned | Michael Stuart WAINWRIGHT | 08 Jun 2017 | 01 Jun 2023 | Company Director | British | 0 - 5 | 0 (0.0%) |
Resigned | Mark Joseph IRWIN | 08 Jun 2017 | 03 Jul 2019 | Chartered Accountant | British | 5 - 6 | 0 (0.0%) |
Resigned | Nicholas Stuart James BEDFORD | 01 Mar 2012 | 08 Jun 2017 | Chief Financial Officer | British | 0 - 2 | 0 (0.0%) |
Resigned | Oliver VAN DER MOND | 01 Jan 2011 | 01 Mar 2012 | Cfo | German | 0 - 2 | 0 (0.0%) |
Resigned | Hendrik, Dr NIEBAUM | 10 Jun 2008 | 01 Jan 2011 | Cfo | German | 0 - 2 | 0 (0.0%) |
Resigned | Robert Allen BRYNGELSON | 10 Jun 2008 | 08 Jun 2017 | Ceo | American | 0 - 2 | 0 (0.0%) |
Resigned | Frederic DORWART | 22 Mar 2007 | 10 Jun 2008 | Lawyer | Usa | 0 - 1 | 0 (0.0%) |
Resigned | Don MILLICAN | 18 Jan 2007 | 10 Jun 2008 | Management | Usa | 0 - 1 | 0 (0.0%) |
Resigned | Martin Richard GREEN | 03 Aug 2006 | 18 Jan 2007 | Company Director | British | 1 - 27 | 9 (32.1%) |
Resigned | Peter Anthony HUTCHINSON | 10 May 2006 | 18 Jan 2007 | Director | British | 0 - 43 | 10 (23.3%) |
Resigned | Timothy James UNDERDOWN | 10 May 2006 | 18 Jan 2007 | Director | British | 1 - 33 | 10 (29.4%) |
Resigned | INGLEBY HOLDINGS LIMITED | 05 May 2006 | 10 May 2006 | 0 - 177 | 83 (46.9%) |
Average tenure of active directors: 1.9 years
Average tenure of resigned directors: 2.6 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
IMPALA TERMINALS UK LTD. (01238849) - Active | ✔ | ||
SEAL SANDS GAS TRANSPORTATION LIMITED (05807610) - Active | ✔ | ✔ | |
TEESSIDE GASPORT LIMITED (10599626) - Active | ✔ | ||
NN2 NEWCO LIMITED (12052549) - Active | ✔ | ||
TRAFIGURA TRADING (UK) LIMITED (12837960) - Active | ✔ | ||
NALA RENEWABLES LIMITED (13493793) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
SEAL SANDS GAS TRANSPORTATION LIMITED
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:
35210 Manufacture of gas)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
NATIONAL GRID GAS PLC | NATIONAL GRID HOUSE WARWICK TECHNOLOGY PARK, GALLOWS HILL, WARWICK, CV34 6DA | 02006000 | 2018-03-31 | 1,424,000,000 | 387,000,000 | |
SOUTH HOOK LNG TERMINAL COMPANY LTD. | COMPANY SECRETARY, SOUTH HOOK LNG TERMINAL COMPANY LTD DALE ROAD, HERBRANDSTON, MILFORD HAVEN, PEMBROKESHIRE, WALES, SA73 3SU | 04982132 | 2018-12-31 | 49,055,000 | 96,848,000 | |
DRAGON LNG LIMITED | MAIN ROAD, WATERSTON, MILFORD HAVEN, PEMBROKESHIRE, SA73 1DR | 04562711 | 2018-12-31 | 69,181,000 | 11,472,000 | |
CRYOSERVICE LIMITED | WARNDON BUSINESS PARK, PRESCOTT DRIVE, WORCESTER, WORCESTERSHIRE, WR4 9RH | 00976552 | 2017-09-30 | 36,634,000 | 8,604,000 |
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 |
---|---|---|---|---|
SEAL SANDS GAS TRANSPORTATION 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 | 0.5% | 1.5% | 2.8% | Medium |
Accounting Month | 0.7% | 4.4% | 10.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |