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Philippine Gold Limited

00666509

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

LEYTONSTONE HOUSE, LEYTONSTONE, E11 1GA
Incorporated 02/08/1960

Compliance

Last accounts

30/06/2025

full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 08/03/2026

Due 22/03/2027

On track

Industry

08990
Other mining and quarrying

Officers

Mr Michael Andrew Cinnamond

director · Since 01/04/2014

SENIOR VP FINANCE AND CFO

BRITISH,CANADIAN · CANADA · Age 59

Also on 1 other board

Mr Jerry Richard Korpan

director · Since 31/03/2017

BUSINESSMAN

BRITISH,CANADIAN · UNITED KINGDOM · Age 80

Also on 1 other board

Mr Ian Ramsay Henderson

director · Since 01/10/2025

BUSINESSMAN

BRITISH · ENGLAND · Age 77

Persons with Significant Control

B2gold Corp

75–100% shares
75–100% votes
Appoint directors

B2gold Corp., Park Place, Suite 3400, Vancouver, V6C 2X8

Reg: Bc0958903 · British Columbia Registry · Corporate

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

CANADIAN IMPERIAL BANK OF COMMERCE

Created 17/12/2024Registered 30/12/2024
charge
satisfied

BNP PARIBAS (SECURITY TRUSTEE)

Created 26/06/2008Registered 28/10/2008Satisfied 09/12/2024
charge
satisfied

BNP PARIBAS (SECURITY TRUSTEE)

Created 26/06/2008Registered 28/10/2008Satisfied 09/12/2024
charge
satisfied

BNP PARIBAS (SECURITY TRUSTEE)

Created 26/06/2008Registered 28/10/2008Satisfied 09/12/2024
charge
satisfied

BNP PARIBAS (SECURITY TRUSTEE)

Created 26/06/2008Registered 28/10/2008Satisfied 09/12/2024
charge
satisfied

BNP PARIBAS (SECURITY TRUSTEE)

Created 26/06/2008Registered 28/10/2008Satisfied 09/12/2024
charge
satisfied

NM ROTHSCHILD & SONS (AUSTRALIA) LIMITED

Created 27/10/1998Registered 16/11/1998Satisfied 06/01/2004
charge
satisfied

NM ROTHSCHILD & SONS (AUSTRALIA) LIMITED

Created 27/10/1998Registered 16/11/1998Satisfied 06/01/2004
charge
satisfied

NM ROTHSCHILD & SONS (AUSTRALIA) LIMITED

Created 27/10/1998Registered 16/11/1998Satisfied 06/01/2004
charge
satisfied

ROTHSCHILD AUSTRALIA LIMITED

Created 08/01/1997Registered 24/01/1997Satisfied 06/01/2004
charge
satisfied

ROTHSCHILD AUSTRALIA LIMITED

Created 08/01/1997Registered 24/01/1997Satisfied 06/01/2004
charge
satisfied

BARCLAYS BANK PLC

Created 20/09/1991Registered 09/10/1991Satisfied 21/07/1994
charge
satisfied

GAMLESTADEN PLC

Created 18/07/1990Registered 02/08/1990Satisfied 21/07/1994
charge
satisfied

MIDLAND BANK PLC

Created 20/10/1981Registered 26/10/1981

CompanyRankvs 15+ SIC 08990 peers
68

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

financial statements in the UK, which includes the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on t

Key FinancialsYear ending 30/06/2025

Turnover

£3.0M

Annual revenue

Net Worth

£7.1M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£130.8M

Bottom line earnings

Net Current Assets

£736k

Working capital

Current Assets

£1.3M

Current Liabilities

£525k

Fixed Assets

£6.3M

Debtors

£8k

Cost of Sales

£2.8M

Gross Profit

£214k

Admin Expenses

£167k

Operating Profit

£47k

Profit After Tax

£111.2M

9avg. employees

Tax at Year End

Corp tax£15k
Dividends paid-£102.4M

People Costs

Wages & salaries£2.7M
NI contributions£11k

Balance Sheet

Assets less current liabilities£7.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40+£0
20252.40+£8.8M
20240.04+£192k
20230.02-£49k
20220.02-£146k
20200.03

Derived from filed accounts. Not audited figures.