Futurecoal Limited
01947623
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/03/2022
COMPANY DIRECTOR
SOUTH AFRICAN · SOUTH AFRICA · Age 61
director · Since 06/04/2022
VP GOVERNMENT RELATIONS
AMERICAN · UNITED STATES · Age 54
director · Since 29/04/2022
CORPORATE AFFAIRS EXECUTIVE
AUSTRALIAN · AUSTRALIA · Age 49
director · Since 24/10/2023
COAL MINING, PROCESSING AND SUPPLY
BOTSWANAN · BOTSWANA · Age 38
director · Since 16/11/2023
CHIEF EXECUTIVE OFFICER
BOTSWANAN · BOTSWANA · Age 52
director · Since 16/05/2024
MINING INVESTMENT ANALYST
ZIMBABWEAN · ZIMBABWE · Age 45
CompanyRankvs 658+ SIC 94990 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
their subscriptions as they fall due and that this mitigates the uncertainty related to the aforementioned conditions that may cast any significant doubt on the Association’s ability to continue as a going concern. Therefore, it is the directors’ opinion that the going concern basis of preparation of the Financial Statements continues to be appropriate. 2.3 Income Subscription income is represente
Key FinancialsYear ending 30/09/2020
Net Worth
£445k
Balance sheet strength
Cash
£1.5M
Cash in the bank
Net Current Assets
£402k
Working capital
Current Assets
£2.3M
Current Liabilities
£1.9M
Fixed Assets
£43k
Debtors
£14k
Tax at Year End
People Costs(2014)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 1.22 | +£336k |
| 2019 | 1.10 | -£3k |
| 2018 | 1.11 | — |
Derived from filed accounts. Not audited figures.