CRITICAL METALS PLC

HILL DICKINSON LLP THE BROADGATE TOWER, 20 PRIMROSE STREET, LONDON, EC2A 2EW

Company Number: 11388575
Incorporation date: 30-May-2018
Status: Active
Entity type: Public Limited Company

SIC codes:
24410 Precious metals production





SUMMARY

This company is 5.8 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -31.5 thousand which has worsened since the previous year's figure of GBP 54.1 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 -171.5 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 14 other companies, 2 (14.3%) 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: 31-Dec-2024
Accounts Filed: GROUP (30-Jun-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Jun-2020 GBP
30-Jun-2019 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2020 GBP 62,072 62,489 71,428 68,572 -171,527 -31,527
30-Jun-2019 GBP 52,468 57,004 2,948 68,571 51,429 -65,944 54,056

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Jun-2020 GBP 4.00% 20,000 480,021 500,021 432,751
* 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 ORANA CORPORATE LLP 05 Sep 2022 29 Mar 2024 1 - 0
Resigned HILL DICKINSON SERVICES (LONDON) LIMITED 30 May 2018 05 Sep 2022 1 - 8

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Marcus EDWARDS-JONES 29 Sep 2020 Company Director British 1 - 00 (0.0%)
Active Anthony Neville Chisholm EASTMAN 29 Jan 2019 Director Australian 7 - 83 (20.0%)
Active Russell Steven FRYER 30 May 2018 Director South African 2 - 00 (0.0%)
Resigned Christopher Edward ECCLESTONE 30 May 2018 18 Mar 2020 Director Australian,British 2 - 51 (14.3%)
Number of active directors: 3
Average tenure of active directors: 4.8 years
Average tenure of resigned directors: 1.8 years
Average active director Dissolution Rate: 6.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TOURNESOL CONSULTING LTD (07821668) - Active
MGC PHARMA (UK) LTD (09750155) - Active
CARACAL GOLD PLC (09829720) - Active
MUTE INTERNATIONAL LIMITED (09905462) - Active
VAXEAL IMMUNOTHERAPY LTD (10121388) - Active - Proposal to Strike off
GRAFT POLYMER (UK) PLC (10776788) - Active
CRITICAL METALS PLC (11388575) - Active
CRITICAL MINERALS LIMITED (11390065) - Active
TOKEN STATES LIMITED (12219378) - Active
ANUBIS PHARMA LIMITED (12266533) - Active - Proposal to Strike off
INVEX THERAPEUTICS LTD (12361382) - Active
WINDYHOLLOWS PLC (12584722) - Active
EXTRAX LIMITED (12586437) - Active - Proposal to Strike off
EAST STAR RESOURCES PLC (13025608) - Active
GRAFT POLYMER IP LIMITED (13155105) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-05-292019-05-29
RUSSELL STEVEN FRYERORDINARY11,221,428
78.5%
10,650,000
77.7%
CHRISTOPHER DUNDASORDINARY857,143
6.00%
857,143
6.25%
ROMEO D'ANGELAORDINARY857,143
6.00%
857,143
6.25%
CHRISTOPHER ECCLESTONEORDINARY600,000
4.20%
600,000
4.37%
ORANA CORPORATE LLPORDINARY300,000
2.10%
300,000
2.19%
TREMADOG INVESTMENT LIMITEDORDINARY300,000
2.10%
300,000
2.19%
ST. BRIDES PARTNERS LIMITEDORDINARY150,000
1.05%
150,000
1.09%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CRITICAL METALS 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: 24410 Precious metals production)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BRITANNIA REFINED METALS LIMITED BOTANY ROAD, NORTHFLEET, KENT, DA11 9BG 00252455 2017-12-31 62,322,000 7,577,000 24430-Lead, zinc and tin production

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
CRITICAL METALS PLC 0.9% 3.7% 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 0.7% 5.7% 7.5% 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
CRITICAL METALS PLC 3,770,000 5,733,000
Open End and Miscellaneous Investment Vehicles
( 11 companies)
929,060,000 914,080,594 8.9
(median)
N/A N/A
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