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MAGPIE THERMADRILL LIMITED
Company Number: 05832861
Incorporation date: 31-May-2006
Dissolved date: 07-Nov-2017
Status: Dissolved
SIC codes:
43130 Test drilling and boring
SUMMARY
This company is 17.9 years old and is currently dissolved since 07-Nov-2017. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -46.7 thousand which has worsened since the previous year's figure of GBP -46.3 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -336 in the last reported period. 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 (GBP -46.8 thousand), 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 no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Accounts Filed: (31-Mar-2016)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Mar-2016 | GBP | 59 | 284 | 47,008 | 100 | -46,762 | -46,662 | ||
| 31-Mar-2015 | GBP | 74 | 299 | 46,707 | 100 | -46,426 | -46,326 | ||
| 31-Mar-2014 | GBP | 177 | 282 | 46,395 | 100 | -46,103 | -46,003 | ||
| 31-Mar-2013 | GBP | 444 | 549 | 46,395 | 100 | -45,800 | -45,700 | ||
| 31-Mar-2012 | GBP | 397 | 4,326 | 46,081 | 100 | -41,660 | -41,560 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| unknown | Mark RAFFLE | 09 Feb 2011 | 16 Apr 2024 | 0 - 1 | ||
| Resigned | Darryl John ROBINSON | 18 Oct 2006 | 09 Feb 2011 | British | 0 - 3 | |
| Resigned | MORLEY & SCOTT CORPORATE SERVICES LIMITED | 31 May 2006 | 18 Oct 2006 | 0 - 410 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Resigned? | Gary William RAFFLE | 04 Jan 2011 | Director | British | 3 - 12 | 12 (80.0%) | |
| Resigned | David Leslie MORRICE | 28 Jun 2006 | 09 Feb 2011 | Company Director | British | 0 - 1 | 1 (100.0%) |
| Resigned | Darryl John ROBINSON | 28 Jun 2006 | 09 Feb 2011 | Company Director | British | 0 - 3 | 3 (100.0%) |
| Resigned | Stephen Edward GARLAND | 31 May 2006 | 18 Oct 2006 | Accountant | British | 2 - 12 | 9 (64.3%) |
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
No information on directors in other companies.
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
MAGPIE THERMADRILL 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:
43130 Test drilling and boring)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| RAEBURN DRILLING & GEOTECHNICAL LIMITED | . WHISTLEBERRY ROAD, HAMILTON, GLASGOW, SCOTLAND, ML3 0HP | SC094320 | 2018-03-31 | 11,993,393 | 0 |
43999-Other specialised construction activities not elsewhere classified |
| QUANTUM GEOTECHNICAL LIMITED | 11TH FLOOR LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB | 07782715 | 2017-12-31 | 4,566,000 | 0 | |
| G & M CONSULTING LIMITED | THE CHESTNUTS BRACKENHILL ROAD, EAST LOUND, HAXEY, SOUTH YORKSHIRE, DN9 2LR | 05806528 | 2018-05-31 | 144,686 | 0 | |
| LOGOS GEOSERVICES LIMITED | UNIT 1, FERRY HINKSEY ROAD, OXFORD, ENGLAND, OX2 0DP | 08163042 | 2018-07-31 | 138,341 | 0 |
74909-Other professional, scientific and technical activities not elsewhere classified |
| BOREHOLE SERVICES LTD | 2 LAMBSETH STREET, EYE, SUFFOLK, UNITED KINGDOM, IP23 7AG | 09542286 | 2018-04-30 | 99,111 | 0 | |
| DIAMOND DRILLING SERVICES (SW) LIMITED | 107 LADYSMITH ROAD, PLYMOUTH, ENGLAND, PL4 7NW | 08514110 | 2018-05-31 | 97,338 | 0 | |
| ELECTRICAL ENGINEERING ANALYSIS AND RESOURCES LIMITED | 31 WEST STREET, SWADLINCOTE, ENGLAND, DE11 9DN | 09188770 | 2017-08-31 | 69,447 | 0 | |
| INSITU SITE TESTING LTD | 7 TRING ROAD, DUNSTABLE, ENGLAND, LU6 2PX | 09841715 | 2018-10-31 | 58,208 | 0 | |
| R J SPENCE (TESTING) LIMITED | 72 COVENTRY ROAD, NARBOROUGH, LEICESTER, LEICESTERSHIRE, ENGLAND, LE19 3GB | 07689917 | 2018-07-31 | 49,972 | 0 |
LIQUIDATION RISK (BETA)
This company is Dissolved. Statistically, such companies have a VERY HIGH 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 |
|---|---|---|---|---|
| Company status | 100.0% | 100.0% | 100.0% | High |
| Other companies Active in the same sector | Too few competitors | |||
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.6% | 7.1% | Medium |
| Accounts category | 0.7% | 3.6% | 7.1% | Medium |
| Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
