EGS ENERGY LIMITED

13 NORTH PARADE, PENZANCE, CORNWALL, TR18 4SL

Company Number: 06747502
Incorporation date: 12-Nov-2008
Status: Active
Entity type: Private Limited Company

SIC codes:
42220 Construction of utility projects for electricity and telecommunications

SUMMARY

This company is 15.4 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 62.4 thousand which has decreased from the previous year's figure of GBP 71.7 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -9.3 thousand in the last reported period. Retained earnings is negative (GBP -1.3 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 47 other companies, 20 (42.6%) 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: 30-Sep-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2022	GBP	23,044	66,008	51,762		27,565	1,298,953	-1,264,121	62,397
31-Dec-2021	GBP	24,760	53,899	37,297		27,565	1,298,953	-1,254,855	71,663
31-Dec-2020	GBP	84,364	89,728	34,998		27,565	1,298,953	-1,208,397	118,121
31-Dec-2019	GBP	124,963	136,602	36,967	1,800,945	27,565	1,298,953	-2,159,814	-833,296
31-Dec-2018	GBP	141,328	173,820	32,368	1,800,945	24,265	1,300,986	-2,116,533	-791,282
31-Dec-2017	GBP	72,907	86,533	47,938	1,800,945	22,132	1,119,119	-2,045,555	-904,304
31-Dec-2016	GBP	126,028	152,782	74,575	1,800,945	22,132	1,119,119	-2,012,330	-871,079
31-Dec-2015	GBP	201,173	274,227	94,966	1,801,666	22,132	1,119,119	-1,922,712	-781,461
31-Dec-2014	GBP	93,926	152,203	110,721	1,801,666	22,048	1,116,702	-1,257,752	-119,002
31-Dec-2013	GBP	180,622	240,628	159,907	1,801,666	22,048	1,116,702	-1,083,467	55,283
31-Dec-2012	GBP	564,305	625,709	103,613	1,801,666	22,048	1,116,702	-787,720	351,030
31-Dec-2011	GBP	262,114	273,825	185,681	1,814,151	21,928	1,090,322	-453,701	658,549

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2019	GBP	11.97%	1,267	9,316	10,583	1,677,749
31-Dec-2018	GBP	8.79%	184,000	1,909,183	2,093,183	3,695,011
31-Dec-2015	GBP	0.38%	2,501	656,453	658,954	2,311,820
31-Dec-2012	GBP	0.54%	26,500	4,842,433	4,868,933	6,250,382

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Keng Nam TAN	09 Feb 2009	16 Apr 2024	Accountant	Malaysian	3 - 13
Resigned	ALDLEX LIMITED	12 Nov 2008	09 Feb 2009			33 - 83

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Richard Joseph, Mr. DAY	01 Feb 2016		Company Director	British	5 - 9	3 (21.4%)
Active	Tony Stanton BENNETT	12 Jun 2014		Company Director	British	2 - 2	1 (25.0%)
Active	William R KELLY	12 Jan 2011		Company Director	American	1 - 26	18 (66.7%)
Active	Roy BARIA	21 Dec 2009		Geologist	British	2 - 0	0 (0.0%)
Active	Guy Ewan MACPHERSON-GRANT	29 Nov 2008		Director	British	7 - 0	0 (0.0%)
Resigned	David Lawrence KEMPTON	29 Nov 2008	29 Oct 2018	Engineer	British	0 - 2	0 (0.0%)
Resigned	Nicholas ALUN-JONES	12 Nov 2008	29 Nov 2008	Solicitor	British	5 - 6	1 (9.1%)
Resigned	ARUNLEX LIMITED	12 Nov 2008	29 Nov 2008			0 - 61	35 (57.4%)

Number of active directors: 5
Average tenure of active directors: 12.2 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 22.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Richard Joseph, Mr. DAY	Tony Stanton BENNETT	William R KELLY	Roy BARIA	Guy Ewan MACPHERSON-GRANT
CORNISH CHAMBER OF MINES AND MINERALS (00147391) - Active		✔
PENINSULA MINING COMPANY LIMITED (02784161) - Dissolved		✔
STABLEWOOD POWER VENTURES LIMITED (02916875) - Dissolved			✔
DERBY COGENERATION LIMITED (03175728) - Active			✔
VIKING POWER LIMITED (03229304) - Dissolved			✔
EXETER POWER LIMITED (03291800) - Dissolved			✔
CROYDON ENERGY LIMITED (03298376) - Dissolved			✔
HEARTLANDS POWER LIMITED (03335516) - Active			✔
STABLEWOOD POWER VENTURES (CAPUAVA COGEN) LIMITED (03375746) - Dissolved			✔
STABLEWOOD POWER VENTURES (DOMINICANA) LIMITED (03456620) - Dissolved			✔
SPARE RRPD (BEL) LIMITED (03459864) - Dissolved			✔
STABLEWOOD POWER VENTURES (BACOLOD) LIMITED (03477918) - Dissolved			✔
WHITETOWER ENERGY LIMITED (03479694) - Active			✔
STABLEWOOD POWER VENTURES OVERSEAS LIMITED (03579237) - Dissolved			✔
STABLEWOOD POWER VENTURES (SHAGAMU) LIMITED (03686768) - Dissolved			✔
LAKE DEVELOPMENT LIMITED (03742100) - Active			✔
GOLDEN CONSTRUCTION LIMITED (03808292) - Dissolved			✔
STABLEWOOD POWER VENTURES (DUNGARVAN) LIMITED (03829756) - Dissolved			✔
MORILA ENERGY OPERATIONS LIMITED (03846104) - Active			✔
STABLEWOOD POWER VENTURES (SAIPAN) LIMITED (03846115) - Dissolved			✔
MORILA POWER PLANT SALES LIMITED (03846125) - Active			✔
STABLEWOOD POWER VENTURES (SAN MANGO) LIMITED (03910652) - Dissolved			✔
STABLEWOOD POWER VENTURES (WLADYSLAWOWO) LIMITED (04103170) - Dissolved			✔
STABLEWOOD POWER VENTURES (BELLACORICK) LIMITED (04111865) - Dissolved			✔
BALLINDALLOCH CASTLE GOLFING LIMITED (04123179) - Active					✔
STABLEWOOD POWER VENTURES (EQUIPMENT HOLDING) LIMITED (04262239) - Dissolved			✔
LORDSTONES DEVELOPMENTS LIMITED (04308308) - Active			✔
ARDEN PARTNERS PLC (04427253) - Active - Proposal to Strike off	✔
MIL-TECH UK LIMITED (04455118) - Active				✔
CARRINGTON POWER LIMITED (04706728) - Active			✔
EATON ENERGY PARTNERS LIMITED (05196338) - Dissolved			✔
EGS ENERGY LIMITED (06747502) - Active	✔	✔	✔	✔	✔
EGS POWER LIMITED (07003122) - Active					✔
ENVENT CAPITAL MARKETS LIMITED (09178742) - Active	✔
THE BRITISH HONEY COMPANY PLC (09300046) - In Administration	✔
EIGHT CAPITAL PARTNERS PLC (09301329) - Active	✔
MORE GLOBAL PLC (09410056) - Active	✔
RJD CORPORATE LTD (09503767) - Active	✔
EDEN GEOTHERMAL LIMITED (10216419) - Active	✔	✔
ANGLO ALLIANCE RESOURCES LIMITED (10523286) - Active	✔
PELATRO LIMITED (10630166) - Active	✔
EPSION CAPITAL LIMITED (11238881) - Active	✔
TUSMORE COLLECTION LIMITED (12667219) - Active	✔
ATOME PLC (13691713) - Active	✔
THE PRINCE PHILIP GORDONSTOUN FOUNDATION LIMITED (SC030531) - Active					✔
SPEY FISHING TRUST LIMITED (SC047641) - Active					✔
CRAIGO FARMS LIMITED (SC054178) - Active					✔
BALLINDALLOCH CASTLE LIMITED (SC153020) - Active					✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

Significant influence or control:Mr Alasdair James Dougall Locke - active
Significant influence or control:Mr David Lawrence Kempton - ceased

Controlling entities above

EGS ENERGY 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: 42220 Construction of utility projects for electricity and telecommunications)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
MORRISON UTILITY SERVICES LIMITED	ABEL SMITH HOUSE, GUNNELS WOOD ROAD, STEVENAGE, HERTFORDSHIRE, SG1 2ST	04530602	2018-03-31	778,378,000	20,620,000	42910-Construction of water projects 42990-Construction of other civil engineering projects not elsewhere classified
AMEC FOSTER WHEELER NUCLEAR UK LIMITED	COTTONS CENTRE, COTTONS LANE, LONDON, UNITED KINGDOM, SE1 2QG	01120437	2017-12-31	138,549,000	2,748,000	71121-Engineering design activities for industrial process and production 71122-Engineering related scientific and technical consulting activities 71200-Technical testing and analysis
TRANT ENGINEERING LIMITED	RUSHINGTON HOUSE, RUSHINGTON, SOUTHAMPTON, HAMPSHIRE, SO40 9LT	00769274	2014-12-31	99,532,444	1,033,206	42910-Construction of water projects 42990-Construction of other civil engineering projects not elsewhere classified
INTERSERVE INDUSTRIAL SERVICES LIMITED	HAWTHORN HOUSE 2ND FLOOR, WOODLANDS PARK, NEWTON-LE-WILLOWS, UNITED KINGDOM, WA12 0HF	00444313	2017-12-31	76,836,000	-4,524,000	43991-Scaffold erection 81100-Combined facilities support activities 81222-Specialised cleaning services
EXCALON LIMITED	EXCALON DUNCAN STREET DEPOT, DUNCAN STREET, SALFORD, ENGLAND, M5 3SQ	04450846	2018-04-30	34,442,530	0
WELINK ENERGY (U.K.) LIMITED	3 HARDMAN SQUARE, SPINNINGFIELDS, MANCHESTER, ENGLAND, M3 3EB	08905326	2017-12-31	12,840,000	0
EIRSCOT CIVIL ENGINEERING LIMITED	72 INDUS ROAD, LONDON, ENGLAND, SE7 7BN	05162398	2017-12-31	3,938,194	0
PRIOR CONSTRUCTION LIMITED	THE NOOK BELLS HILL ROAD, VANGE, BASILDON, ENGLAND, SS16 5JR	09801090	2017-09-30	2,052,397	0
ELECTRICITY TRANSMISSION AND DISTRIBUTION SOLUTIONS LTD	63 CASTLERIDGE DRIVE, GREENHITHE, ENGLAND, DA9 9WR	08470831	2018-04-30	1,756,869	0
EIRSCOT ENGINEERING LIMITED	72 INDUS ROAD, LONDON, ENGLAND, SE7 7BN	04581567	2017-12-31	683,853	0
BOLEYN FORMWORK AND UTILITY SOLUTIONS LTD	45 NURSERY LANE, WHITFIELD, DOVER, ENGLAND, CT16 3EX	10212277	2018-06-30	195,534	0
O'LEARY UTILITIES LIMITED	HESKIN HALL FARM, WOOD LANE, HESKIN, PRESTON, PR7 5PA	10075829	2018-03-31	130,470	0
J C DAVIES CONSULTING LIMITED	2 CLOS GLYNDWR, COITY, BRIDGEND, WALES, CF35 6AX	10511191	2018-12-31	107,338	0
GL C&I PROJECT SERVICES LTD	36 MEDWAY COURT, AYLESFORD, KENT, ME20 7QN	08844927	2019-01-31	105,404	0
GERALD CARTER LTD	55 NORTHGATE, LOWESTOFT, SUFFOLK, ENGLAND, NR32 2RL	10086817	2018-03-31	102,400	0
TELCOM SOLUTIONS LIMITED	5 PROSPECT PLACE, MILLENNIUM WAY PRIDE PARK, DERBY, DERBYSHIRE, DE24 8HG	03534395	2018-05-04	91,240	0
DAN ENGINEERING LIMITED	22 PEVERILL ROAD, PERTON, WOLVERHAMPTON, ENGLAND, WV6 7PH	08535863	2017-05-31	74,693	0
IVAN88 LTD	234 THEOBALD STREET, BOREHAMWOOD, HERFORTHSHIRE, UNITED KINGDOM, WD6 4PE	10835749	2018-06-30	68,145	0
NRG ELECTRICAL SERVICES LIMITED	10 ISLAY CRESCENT, SALTCOATS, SCOTLAND, KA21 6HD	SC563888	2018-04-30	66,955	0	43210-Electrical installation
BTS-SOLUTIONS LTD	19 GREENCROFT, LICHFIELD, ENGLAND, WS13 7JF	10139870	2018-04-30	65,724	0
FANTELEKOM LTD	15 ELM DRIVE, MOLD, FLINTSHIRE, WALES, CH7 1SF	10306411	2018-07-31	63,751	0
BAROWFIELD LIMITED	6 CYPRESS COURT, HAMILTON, SCOTLAND, ML3 7LU	SC408194	2019-03-31	36,650	0
TELECOM&IT-SOLUTIONS LTD	ASSEMBLY HOUSE, FLAT 2 SCHOOLGATE DRIVE, ST HELIER, MORDEN, ENGLAND, SM4 5BG	10673016	2018-03-31	34,727	0
BROWN'S LABOUR SERVICES LIMITED	1066 LONDON ROAD, LEIGH-ON-SEA, ESSEX, SS9 3NA	09524943	2018-03-31	0	0
BUENAVISTA RENEWABLES UK LTD.	27 OLD GLOUCESTER STREET, LONDON, UNITED KINGDOM, WC1N 3AX	09556096	2018-12-31	0	0
KATANES FLOATING ENERGY LTD	C/O J M SIMPSON & CO, 1206 TOLLCROSS ROAD, GLASGOW, SCOTLAND, G32 8HH	SC545178	2018-12-31	0	0
P D E ENGINEERING LIMITED	FALCON HOUSE HIGH STREET, LITTLEBURY, SAFFRON WALDEN, ENGLAND, CB11 4TD	08013134	2018-03-31	0	0
RAMSEY SOUND TIDAL LIMITED	TY DEDWIN, 16 STATION RAOD, PORT TALBOT, WALES, SA13 1JB	10644807	2017-12-31	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
EGS ENERGY LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	2.1%	5.8%	11.3%	Medium


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.5%	2.1%	4.2%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium