CURZON ENERGY PLC

SALISBURY HOUSE, LONDON WALL, LONDON, EC2M 5PS

Previous name: WESTPORT ENERGY PLC (changed on 02-Dec-2016)

Company Number: 09976843
Incorporation date: 29-Jan-2016
Status: Active
Entity type: Public Limited Company

SIC codes:
06200 Extraction of natural gas





SUMMARY

This company is 8.2 years old and is currently active. The company has positive equity (net assets) of USD 1.1 million which has increased from USD 1 million in the previous year. Retained earnings is negative (USD -37.8 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 3 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-2024
Accounts Filed: GROUP (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 USD 108,178 -3,620,352
31-Dec-2018 USD 14,443 -2,023,953
31-Dec-2017 USD 102,288 1,788,757


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 28,709 59,912 1,534,624 698,798 1,103,457 3,586,947 -37,836,140 1,103,457
31-Dec-2018 USD 125,621 161,778 720,706 213,812 1,024,036 3,563,122 34,255,390 1,024,036
31-Dec-2017 USD 1,595,035 1,743,651 1,042,012 578,599 964,575 3,199,004 32,301,682 964,575

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 USD 7.20% 103,246 1,331,230 1,434,476 1,761,993
31-Dec-2018 USD 5.81% 423,579 6,871,289 7,294,868 6,618,956
* 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 Sam Delevan QUINN 06 Nov 2018 29 Mar 2024 1 - 0
Resigned Thomas J. MAZZARISI 29 Jan 2016 06 Nov 2018 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Scott Christopher KAINTZ 26 Jun 2018 Chief Operating Officer American 2 - 30 (0.0%)
Active John Russell MCGOLDRICK 04 Oct 2017 Director British 1 - 00 (0.0%)
Active Owen Arthur MAY 27 Sep 2016 Banker American 1 - 00 (0.0%)
Resigned Thomas WAGENHOFER 27 Sep 2016 06 Nov 2018 Petroleum Engineer Austrian 2 - 20 (0.0%)
Resigned Brian James KINANE 29 Jan 2016 15 Mar 2019 Director Irish 7 - 74 (28.6%)
Resigned Thomas J. MAZZARISI 29 Jan 2016 06 Nov 2018 Executive American 0 - 10 (0.0%)
Resigned Stephen J SCHOEPFER 29 Jan 2016 06 Nov 2018 Executive American 0 - 10 (0.0%)
Number of active directors: 3
Average tenure of active directors: 6.6 years
Average tenure of resigned directors: 2.7 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CURZON ENERGY PLC (09976843) - Active
WHITE CAR LIMITED (10013367) - Active
FLEXIBLE GRID SOLUTIONS LIMITED (11057868) - Active
WEIRS DROVE DEVELOPMENT LIMITED (12213998) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-01-282017-01-28
JIM NOMINEES LIMITED 78 MOUNT EPHRAIM TUNBRIDGE WELLSORDINARY41,665,100
70.8%
0
0%
REYKER NOMINEES LIMITED 17 MOORGATE LONDON UNITEDORDINARY6,750,000
11.5%
0
0%
REGENCY MINES PLC IVYBRIDGE HOUSE 1 ADAM STREET LONDONORDINARY6,467,500
11.0%
0
0%
QUEENSBURY INC. 23501 CINCO RANCH BLVD B-225 KATY UNITEDORDINARY4,000,000
6.79%
0
0%
GSC GLOBAL FUND OF GSC SICAV P.L.C.ORDINARY0
0%
18,750
23.1%
VIKRANT BHARGAVAORDINARY0
0%
12,500
15.4%
REGENCY MINES PLCORDINARY0
0%
12,500
15.4%
SHARD CAPITAL MANAGEMENT LIMITEDORDINARY0
0%
10,000
12.3%
REGENCY MINES PLCORDINARY0
0%
9,375
11.5%
YA GLOBAL INVESTMENTS L.PORDINARY0
0%
6,375
7.84%
YA GLOBAL INVESTMENTS L.PORDINARY0
0%
6,250
7.69%
WALTER B. EDWARDS, JR.ORDINARY0
0%
4,295
5.28%
RIVERFORT CAPITAL LIMITEDORDINARY0
0%
1,250
1.54%
4 SEA-SONS LLCORDINARY0
0%
1
0.001%
M10 VENTURES LLCORDINARY0
0%
1
0.001%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

CURZON ENERGY PLC

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: 06200 Extraction of natural gas)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
INEOS UK E&P HOLDINGS LIMITED BRODIES HOUSE, 31-33 UNION GROVE, ABERDEEN, SCOTLAND, AB10 6SD SC200459 2017-12-31 434,937,000 -492,006,000
BG SOUTH ASIA LNG LIMITED SHELL CENTRE, YORK ROAD, LONDON, SE1 7NA 08879512 2017-12-31 365,832,000 2,928,000
INEOS UK SNS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 01021338 2017-12-31 150,753,000 -3,806,000
ENI JPDA 03-13 LIMITED ENI HOUSE, 10 EBURY BRIDGE ROAD, LONDON, SW1W 8PZ 02664257 2017-12-31 108,456,000 24,857,000
CENTRICA STORAGE LIMITED WOODLAND HOUSE, WOODLAND PARK, HESSLE, UNITED KINGDOM, HU13 0FA 03294124 2017-12-31 79,000,000 78,000,000 35220-Distribution of gaseous fuels through mains
49500-Transport via pipeline
82990-Other business support service activities not elsewhere classified
ANTIN CATS LIMITED SUITE 1 7TH FLOOR, 50 BROADWAY, LONDON, UNITED KINGDOM, SW1H 0BL 08021886 2017-12-31 75,474,000 41,424,000
PKM OILFIELD SERVICES LIMITED ANSTEY HOUSE WEST ROAD, FORNCETT ST. PETER, NORWICH, NORFOLK, NR16 1LF 06499803 2018-03-31 126,420 0
D T SERVICES 30 LIMITED BOWERSCROFT BULLS GREEN ROAD, TOFT MONKS, BECCLES, SUFFOLK, UNITED KINGDOM, NR34 0DR 10258967 2018-06-30 49,263 0
WPH INSPECTIONS LIMITED 18 CONSTABLE DRIVE, BRADWELL, GREAT YARMOUTH, NORFOLK, ENGLAND, NR31 9RA 08306381 2018-11-30 39,614 0
JG SERVICES (GT. YARMOUTH) LTD 16 ST. NICHOLAS DRIVE, CAISTER ON SEA GREAT YARMOUTH, NORFOLK, NR30 5QS 06583805 2018-01-05 34,663 0
DRAKE ADVISORY LTD. 194 STANLEY ROAD, TEDDINGTON, MIDDLESEX, TW11 8UE 02708271 2017-04-30 217 0
WEST POINT SETANA TRADING LIMITED 7 MAPLETON DRIVE, SUTTON WEAVER, CHESHIRE, ENGLAND, WA7 3LG 08551609 2018-05-31 0 0
BG LNG INVESTMENTS LIMITED SHELL CENTRE, LONDON, UNITED KINGDOM, SE1 7NA 06945433 0000-00-00 0 0
INEOS OFFSHORE BCS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 09687203 0000-00-00 0 0
INEOS UPSTREAM HOLDINGS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 10645161 0000-00-00 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
CURZON ENERGY PLC 0.9% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 1.7% 4.0% 5.9% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium

VALUATION (BETA)




Valuation ratios as at 2020-11-30


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
CURZON ENERGY PLC 770,000 1,908,040 0.9 0.9
Oil Gas and Coal
( 70 companies)
156,295,510,000 301,035,719,439 33.2
(median)
2.7
(median)
5.6
(median)
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