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South Crofty Limited

06242518

active
ltd
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
49 / 100

Notable Risks

25/30
Filing
10/30
Financial
14/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

Stephens Scown Llp Osprey House, Malpas Road, Truro, TR1 1UT
Incorporated 10/05/2007

Previously known as

Western United Mines Limited · until 01/09/2020
Bondco 1214 Limited · until 04/07/2007

Compliance

Last accounts

31/12/2025

medium

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

07290
Mining of other non-ferrous metal ores

Officers

Matthew James Kerridge Hird

director · Since 27/10/2023

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Lodewyk Daniel Turvey

director · Since 09/10/2024

CHIEF EXECUTIVE OFFICER

SOUTH AFRICAN · SOUTH AFRICA · Age 67

Matthew James Kerridge Hird

director · Since 27/10/2023

British · United Kingdom · Age 53

Lodewyk Daniel Turvey

director · Since 09/10/2024

South African · South Africa · Age 67

Former

Bondlaw Secretaries Limited

corporate nominee secretary · Resigned 13/08/2007

Bondlaw Directors Limited

corporate nominee director · Resigned 13/08/2007

Christopher Raymond John Hall

director · Resigned 30/04/2008

Alan Peter Shoesmith

secretary · Resigned 09/05/2008

Mark Edward Thompson

director · Resigned 31/12/2009

Gerard Sean Lynch

director · Resigned 31/12/2009

Robert Norman Ashley

director · Resigned 06/01/2010

Kevin Peter Williams

director · Resigned 01/04/2010

David John Stone

director · Resigned 01/04/2010

Gerard Sean Lynch

secretary · Resigned 08/04/2011

Alan Peter Shoesmith

director · Resigned 08/07/2016

Geoffrey Gordon Smith

director · Resigned 08/07/2016

Sgh Company Secretaries Limited

corporate secretary · Resigned 08/07/2016

Kevin Peter Williams

director · Resigned 31/10/2019

Richard David Williams

director · Resigned 31/03/2024

Kenneth Armstrong

director · Resigned 09/10/2024

Owen Daniel Mihalop

director · Resigned 25/04/2025

Persons with Significant Control

Cornish Metals Holdings Limited

75–100% shares
75–100% votes

Osprey House, Malpas Road, Truro, TR1 1UT

Reg: 10026453 · Companies House · Private Limited

Notified 08/07/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WEALTH FUND LIMITED

Created 14/05/2026Registered 15/05/2026
Charge
outstanding

VISION BLUE RESOURCES LIMITED (LENDER)

Created 14/05/2026Registered 15/05/2026
Charge
outstanding

THE CORNWALL COUNCIL

Created 04/06/2025Registered 09/06/2025
Charge
satisfied

VISION BLUE RESOURCES LIMITED (THE “LENDER�)

Created 15/10/2024Registered 17/10/2024Satisfied 10/04/2025
Charge
satisfied

OSISKO GOLD ROYALTIES LTD

Created 13/06/2018Registered 20/06/2018Satisfied 07/02/2022
Charge
satisfied

OSISKO GOLD ROYALTIES LTD

Created 26/01/2018Registered 31/01/2018Satisfied 07/02/2022
Charge
satisfied

OSISKO GOLD ROYALTIES LTD

Created 26/01/2018Registered 31/01/2018Satisfied 07/02/2022

Insolvency History2 cases

in administration

John Arthur Kirkpatrick (practitioner) · David William Tann (practitioner) · Keith Aleric Stevens (practitioner)

corporate voluntary arrangement

John Arthur Kirkpatrick (practitioner) · David William Tann (practitioner) · Keith Aleric Stevens (practitioner)

Change History

statusactive
2026-07-08

Active

typeltd
2026-07-08

Private Limited Company

address line1Stephens Scown Llp Osprey House
2026-07-08

STEPHENS SCOWN LLP OSPREY HOUSE

post townTruro
2026-07-08

TRURO

CompanyRankvs 20+ SIC 07290 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£42.5M

Balance sheet strength

Cash

£774k

Cash in the bank

Net Current Assets

-£7.9M

Working capital

Current Assets

£1.2M

Current Liabilities

£9.1M

Fixed Assets

£50.4M

Debtors

£409k

68avg. employees+25

Tax at Year End

Corp tax£648k

Balance Sheet

Intangible assets£35.4M
Assets less current liabilities£42.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£18.2M
20230.05+£9.5M
20230.06

Derived from filed accounts. Not audited figures.