WAYLAND COPPER LTD

201 TEMPLE CHAMBERS, 3-7 TEMPLE AVENUE, LONDON, EC4Y 0DT

Company Number: 07201418
Incorporation date: 24-Mar-2010
Status: Active
Entity type: Private Limited Company

SIC codes:
07290 Mining of other non-ferrous metal ores





SUMMARY

This company is 14.1 years old and is currently active. It is controlled by Beowulf Mining Plc. The company has negative equity (net assets) of GBP -189.6 thousand which has worsened since the previous year's figure of GBP -189.5 thousand. 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 -639.6 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 3 active officers (directors or partners) who are or were officers of 8 other companies, 4 (50.0%) 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-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP -60
31-Dec-2018 GBP -60
31-Dec-2017 GBP -60


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 770 770 190,329 100 449,900 -639,559 -189,559
31-Dec-2018 GBP 830 830 190,329 100 449,900 -639,499 -189,499
31-Dec-2017 GBP 890 890 190,329 100 449,900 -189,439

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active ONE ADVISORY LIMITED 09 Dec 2020 18 Apr 2024 67 - 35
Resigned Liam O'DONOGHUE 11 Jun 2015 09 Dec 2020 0 - 1
Resigned Edward TAYLOR 08 Jun 2010 11 Jun 2015 British 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Edward Colin BOWIE 07 Aug 2023 Director British 3 - 00 (0.0%)
Active Johan ROSTIN 17 May 2023 Director Swedish 2 - 00 (0.0%)
Active Christopher DAVIES 21 Sep 2017 Company Director British 3 - 55 (62.5%)
Resigned Bevan METCALFE 03 Feb 2015 21 Sep 2017 Company Director New Zealander 0 - 10 (0.0%)
Resigned Kurt Richard BUDGE 01 Dec 2014 03 May 2023 Mining Executive British 0 - 41 (25.0%)
Resigned Alasdair Campbell COOKE 28 Sep 2012 03 Feb 2021 Geologist Australian 0 - 43 (75.0%)
Resigned Jan Ola, Dr LARSSON 08 Jun 2010 12 Jun 2015 None Swedish 0 - 10 (0.0%)
Resigned Gregory William, Dr FRY 08 Jun 2010 03 Feb 2021 None Australian 0 - 54 (80.0%)
Resigned Lachlan John REYNOLDS 08 Jun 2010 28 Sep 2012 Geologist Australian 0 - 32 (66.7%)
Resigned Clive SINCLAIR-POULTON 24 Mar 2010 30 Nov 2014 Director British 0 - 43 (75.0%)
Number of active directors: 3
Average tenure of active directors: 2.7 years
Average tenure of resigned directors: 6.0 years
Average active director Dissolution Rate: 20.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BEOWULF MINING PLC (02330496) - Active
TWIGG RESOURCES LIMITED (03280736) - Dissolved
AFRICAN EAGLE RESOURCES PLC (03912362) - Liquidation
TWIGG MINERALS LIMITED (04500824) - Dissolved
WAYLAND COPPER LTD (07201418) - Active
COBRA COPPER LIMITED (07644450) - Dissolved
CELTIC DRAGON RESOURCES LTD (09180808) - Dissolved
VARDAR MINERALS LIMITED (10474687) - Active
AMPHI CAPITAL LIMITED (11584032) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-03-262016-03-242015-03-242014-03-242013-03-24
BEOWULF MINING PLCORD261
65.3%
261
65.3%
50
50%
50
50%
50
50%
EVE INVESTMENTS LTDORD139
34.8%
0
0%
0
0%
0
0%
0
0%
ENERGY VENTURES LTDORD0
0%
139
34.8%
50
50%
50
50%
50
50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WAYLAND COPPER LTD

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: 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
WAYLAND COPPER LTD 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 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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