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MALTBY COLLIERY LIMITED
WEST TERRACE, ESH WINNING, DURHAM, COUNTY DURHAM, DH7 9PTCompany Number: 06057412
Incorporation date: 18-Jan-2007
Status: Active
Entity type: Private Limited Company
SIC codes:
05101 Deep coal mines
SUMMARY
This company is 17.2 years old and is currently active. It is controlled by Hargreaves (Uk) Limited. The company has negative equity (net assets) of GBP -51.5 million which has worsened since the previous year's figure of GBP -50.7 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 (GBP -52.8 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 3 active officers (directors or partners) who are or were officers of 113 other companies, 21 (18.6%) 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: 28-Feb-2025Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (31-May-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-May-2020 | GBP | -15,000 | 50,000 | -45,000 | |||
31-May-2019 | GBP | -1,521,000 | 52,000 | -1,599,000 | |||
31-May-2018 | GBP | 80,000 | 1,000 | 104,000 | -382,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-May-2020 | GBP | 27,000 | 33,000 | 49,055,000 | -52,794,000 | -51,452,000 | |||
31-May-2019 | GBP | 64,522,000 | -52,019,000 | -50,677,000 | |||||
31-May-2018 | GBP | 62,946,000 | -50,246,000 | -48,904,000 |
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) |
---|---|---|---|---|---|---|
Resigned | Stephen Nigel MACQUARRIE | 11 Feb 2009 | 01 Jul 2014 | 0 - 66 | ||
Resigned | Lloyd John LEMMON | 21 Jan 2009 | 11 Feb 2009 | 0 - 23 | ||
Resigned | Steve MACQUARRIE | 18 Jan 2007 | 21 Jan 2009 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Stephen Joseph CRAIGEN | 01 Feb 2023 | Director | British | 38 - 1 | 1 (2.6%) | |
Resigned | John William Young Strachan SAMUEL | 06 Sep 2019 | 01 Feb 2023 | Director | British | 1 - 124 | 63 (50.4%) |
Active | HARGREAVES CORPORATE DIRECTOR LIMITED | 21 Nov 2018 | 62 - 31 | 13 (14.0%) | |||
Resigned | Paul Michael BARLOW | 30 Nov 2010 | 30 Nov 2010 | None | British | 0 - 4 | 0 (0.0%) |
Resigned | Pauline Helen JONES | 30 Nov 2010 | 30 Nov 2010 | None | British | 0 - 4 | 0 (0.0%) |
Resigned | Gerard HUITSON | 15 Oct 2009 | 31 Jan 2013 | Director | British | 5 - 12 | 14 (82.4%) |
Resigned | Iain Duncan COCKBURN | 01 Jan 2008 | 04 Oct 2017 | Director | British | 15 - 84 | 26 (26.3%) |
Active | Gordon Frank Colenso BANHAM | 26 Feb 2007 | Director | British | 13 - 29 | 12 (28.6%) | |
Resigned | Alan HOUGHTON | 26 Feb 2007 | 15 Oct 2009 | Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Peter Marshall DILLON | 18 Jan 2007 | 31 Dec 2007 | Director | British | 0 - 36 | 19 (52.8%) |
Average tenure of active directors: 7.9 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 15.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-01-18 | 2015-01-18 | 2014-01-18 | 2013-01-18 | 2012-01-18 | ||
HARGREAVES (UK) LIMITED | ORDINARY SHARES OF GBP1.00 EACH | 1 100% | 1 100% | 0 0% | 0 0% | 0 0% |
HARGREAVES (UK) LIMITED | ORDINARY | 0 0% | 0 0% | 1 100% | 1 100% | 1 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
MALTBY COLLIERY 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:
05101 Deep coal mines)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
A.W. PARKER COAL MERCHANTS LIMITED | WORTHWYLE, HIGH STREET, DRYBROOK, GLOUCESTERSHIRE, GL17 9EQ | 04291709 | 2018-09-30 | 510,964 | 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 |
---|---|---|---|---|
MALTBY COLLIERY 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 | 0.4% | 1.3% | 3.0% | Medium |
Accounting Month | 0.6% | 6.1% | 8.0% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |