COBRA RESOURCES PLC

9TH FLOOR, 107, CHEAPSIDE, LONDON, EC2V 6DN

Company Number: 11170056
Incorporation date: 25-Jan-2018
Status: Active
Entity type: Public Limited Company

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

SUMMARY

This company is 6.2 years old and is currently active. It is controlled by Dr Geoffrey Peter Cowley. The company has negative equity (net assets) of GBP -341.3 thousand which has worsened since the previous year's figure of GBP 329 thousand. The company has 5 active officers (directors or partners) who are or were officers of 20 other companies, 3 (15.0%) 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-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	GBP		-668,900
31-Dec-2018	GBP		-573,332

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	7,675	45,108	652,039		672,335	160,992		-341,327
31-Dec-2018	GBP	328,135				672,335	160,992	-573,332	329,034

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	Ben HODGES	27 Feb 2020	16 Apr 2024			1 - 0
Resigned	LONDON REGISTRARS P.L.C.	24 Apr 2018	27 Feb 2020			16 - 495

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Rupert Tolmer VERCO	23 Aug 2022		Company Director	Australian	1 - 0	0 (0.0%)
Active	Daniel John Shilton MALING	01 May 2020		Company Director	Australian	4 - 15	3 (15.8%)
Active	David Brian CLARKE	01 May 2020		Company Director	Australian	1 - 0	0 (0.0%)
Resigned	Craig MOULTON	26 Mar 2019	10 Aug 2021	Geologist	Australian	1 - 1	0 (0.0%)
Resigned	Rolf GERRITSEN	06 Aug 2018	01 May 2020	Director	Dutch	4 - 6	3 (30.0%)
Active	Gregory George HANCOCK	01 Mar 2018		Managing Director	Australian	2 - 2	1 (25.0%)
Resigned	Kenneth Frank WATSON	01 Mar 2018	05 Apr 2019	Self Employed	Australian	0 - 1	0 (0.0%)
Active	Gregory George HANCOCK	01 Mar 2018		Managing Director	Australian	2 - 1	1 (33.3%)
Resigned	Geoffrey Peter, Dr COWLEY	25 Jan 2018	06 Aug 2018	Director	British	3 - 4	1 (14.3%)

Number of active directors: 5
Average tenure of active directors: 4.4 years
Average tenure of resigned directors: 1.4 years
Average active director Dissolution Rate: 14.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Rupert Tolmer VERCO	Daniel John Shilton MALING	David Brian CLARKE	Gregory George HANCOCK	Gregory George HANCOCK
DIGITALBOX PLC (04606754) - Active		✔
ENERGYBUILD LIMITED (04770293) - Active		✔
ENERGYBUILD HOLDINGS LIMITED (04934473) - Active		✔
ENERGYBUILD GROUP LIMITED (05451235) - Active		✔
ZETA PETROLEUM PLC (05560854) - Active				✔	✔
OCTAGONAL LIMITED (06214926) - Active		✔
UKOG (234) LTD (07055133) - Active		✔
NORSVE RESOURCES LIMITED (08316304) - Dissolved				✔	✔
EAST STAR CAPITAL (UNITED KINGDOM) LIMITED (09771262) - Dissolved		✔
EAST STAR CAPITAL (U.K.) LIMITED (10883557) - Active		✔
COBRA RESOURCES PLC (11170056) - Active	✔	✔	✔	✔	✔
M2ENERGY LIMITED (11261257) - Active		✔
EAST STAR RESOURCES PLC (13025608) - Active		✔
MEDCAW INVESTMENTS PLC (13078596) - Active		✔
METALS ONE PLC (13158079) - Active		✔
BASIN ENERGY ONE LTD (13159477) - Active		✔
CALABAR CAPITAL LIMITED (13209949) - Active		✔
K.O.N.H. (UK) LIMITED (13213236) - Active		✔
OIL VENTURES PLC (13220170) - Active - Proposal to Strike off		✔
ETI VENTURES PLC (13220968) - Active - Proposal to Strike off		✔
ENERGYPATHWAYS UK HOLDINGS LTD. (13514607) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2019-01-24
SHARE NOMINEES LTD OXFORD HOUSE OXFORD ROAD AYLESBURY	ORDINARY	36,695,308 69.5%
HARGREAVES LANSDOWN (NOMINEES) LIMITED ONE COLLEGE	ORDINARY	6,028,461 11.4%
JIM NOMINEES LIMITED 78 MOUNT EPHRAIM TUNBRIDGE WELLS	ORDINARY	5,891,868 11.2%
METAL NRG LTD 6 MIDDLE STREET LONDON UNITED KINGDOM EC1A	ORDINARY	4,166,666 7.89%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Dr Geoffrey Peter Cowley - active

Controlling entities above

COBRA RESOURCES 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: 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
COBRA RESOURCES 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 2024-03-31

	Market Cap GBP	Enterprise Value GBP	PE	EV/Revenue	EV/EBITDA
COBRA RESOURCES PLC	7,000,000	6,682,930			-11.9
Industrial Metals and Mining ( 49 companies)	114,173,870,000	127,886,848,851	15.1 (median)	1.3 (median)	N/A