Merthyr (South Wales) Limited
Active04261274ConstructionIncorporated 30 Jul 2001 · Newport
The principal activity of the company during the year continued to be that of surface mine operator . All coaling operation ceased on 30 November 2023. All former miners were made redundant with effect from this date. All remaining coal was sold by February 2024. The company is now in the post production, restoration phase.
Revenue
£42.8m
▲ +6.6% vs prior ~12m period
Profit after tax
-£2.8m
Margin -8.6%
Employees
14
▼ -86.1% vs prior ~12m period
Net assets
£696k
Total assets £88.1m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2018Not available
Dec 2019
£59.0m
Dec 2020
£40.2m▼ -31.9%
Dec 2021
£42.8m▲ +6.6%
Dec 2022Not available
Dec 2023Not available
Dec 2024Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | -£3.6m | 14 | £696k |
| 31 Dec 2023 | — | — | £500k | 101 | £4.3m |
| 31 Dec 2022 | — | — | £7.9m | 117 | £4.1m |
| 31 Dec 2021 | £42.8m | ▲ +6.6% | -£3.7m | 135 | £1.4m |
| 31 Dec 2020 | £40.2m | ▼ -31.9% | -£11.3m | 145 | £4.2m |
| 31 Dec 2019 | £59.0m | — | £19.2m | 154 | £14.5m |
| 31 Dec 2018 | — | — | — | — | £14.3m |
Latest available figures
Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £42.8m
- Gross profit
- -£1.4m
- Operating profit
- Not available
- Profit before tax
- -£3.7m
- Profit after tax
- -£2.8m
Balance sheet
- Total assets
- £88.1m
- Cash
- £484k
- Total liabilities
- £87.4m
- Net assets
- £696k
- Revenue per employee
- Not available
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