KORE POTASH PLC

45 GRESHAM STREET, LONDON, EC2V 7BG

Company Number: 10933682
Incorporation date: 25-Aug-2017
Status: Active
Entity type: Public Limited Company

SIC codes:
08910 Mining of chemical and fertilizer minerals





SUMMARY

This company is 6.6 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of USD 146.2 million which has decreased from the previous year's figure of USD 151.4 million. The company has 4 active officers (directors or partners) who are or were officers of 12 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 32,898 19,593,519
31-Dec-2018 USD -1,715,799
31-Dec-2017 USD 42,969 -92,320


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 7,046,089 149,114,030 2,895,801 163,740,876 19,063,831 146,218,298
31-Dec-2018 USD 12,681,197 647,615 152,944,455 2,421,631 151,383,676
31-Dec-2017 USD 16,455,490 65,631 10,000 138,654,244 92,320 139,398,951

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 ST JAMES'S CORPORATE SERVICES LIMITED 01 Oct 2018 29 Mar 2024 11 - 38
Resigned Francesca WILSON 29 Nov 2017 30 Sep 2018 0 - 1
Active Henko VOS 07 Nov 2017 29 Mar 2024 1 - 0
Resigned Lawrence Richard DAVIDSON 25 Aug 2017 25 Jan 2018 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Wouter Gertjan M. PULINX 24 Jul 2023 Legal Counsel Belgian 1 - 00 (0.0%)
Resigned Pablo HERNANDEZ MAC-DONALD 30 Nov 2021 20 Jun 2023 Vp Finance Chilean 0 - 10 (0.0%)
Resigned Sameer Ashok OUNDHAKAR 01 Apr 2021 21 Dec 2022 Senior Manager Diversified Pe Investments British 0 - 20 (0.0%)
Resigned Stuart Bradley SAMPSON 04 Jun 2018 31 Oct 2023 None Australian 0 - 10 (0.0%)
Active David George NETHERWAY 12 Dec 2017 None Australian 1 - 121 (7.7%)
Active Jonathan Alfred Grey TROLLIP 17 Nov 2017 None Australian 1 - 00 (0.0%)
Resigned Pablo Andres ALTIMIRAS 17 Nov 2017 23 May 2018 None Chilean 0 - 10 (0.0%)
Active David Andrew HATHORN 25 Aug 2017 Director South African 1 - 00 (0.0%)
Number of active directors: 4
Average tenure of active directors: 5.0 years
Average tenure of resigned directors: 2.3 years
Average active director Dissolution Rate: 1.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ALTUS EXPLORATION MANAGEMENT LIMITED (06317236) - Active
AEOS GOLD LIMITED (06562809) - Active
ALTAU RESOURCES LIMITED (06569655) - Active
ALUVANCE LIMITED (06569731) - Active
AEGIS HOLDINGS LIMITED (06897652) - Active
AEGIS ASTERION LIMITED (06956360) - Active
AEGIS ASSET MANAGEMENT LIMITED (07094339) - Active
ALTUS ACTIVE VALUE LIMITED (07742849) - Dissolved
AKH GOLD LIMITED (08317736) - Active
AURAMIN LIMITED (08317790) - Active
ATERIAN RESOURCES LIMITED (08371887) - Active
ALTUS STRATEGIES LIMITED (10746796) - Active
KORE POTASH PLC (10933682) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

KORE POTASH 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: 08910 Mining of chemical and fertilizer minerals)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CLEVELAND POTASH LIMITED BOULBY MINE, LOFTUS, SALTBURN BY THE SEA, CLEVELAND, TS13 4UZ 00915392 2017-12-31 71,412,000 -133,589,000
CHAINDOT LIMITED 17 HAREWOOD CRESCENT, STOCKTON-ON-TEES, UNITED KINGDOM, TS19 0SZ 10862868 2018-07-31 43,294 0 41201-Construction of commercial buildings

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
KORE POTASH 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 2024-02-28


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
KORE POTASH PLC 22,510,000 20,238,900 -6.5 -6.5
Industrial Metals and Mining
( 49 companies)
109,079,550,000 122,792,528,851 9.2
(median)
1.7
(median)
3.1
(median)
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