Credit Category: |
Red |
Credit Limit: |
0 |
Date Delivered: |
13/09/2004 |
Report Name: |
Credit Overview |
Time Delivered: |
15:43:00 |
Report Version: |
1.2 |
Account Number: |
10501 |
Report Currency: |
GBP |
Top |
Statutory Information |
Company Name: |
BRITISH ENERGY PLC |
Company Number: |
SC162273 |
Date of Incorporation: |
13/12/1995 |
Company Type: |
PLC |
Latest Accounts to: |
31/03/2003 |
Accounts Type: |
Group Accounts |
Latest Return to: |
13/12/2003 |
Legal Status: |
N/A |
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Company Secretary: |
ROBERT MALCOLM ARMOUR |
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Registered Office: |
3 REDWOOD CRESCENT |
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PEEL PARK |
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EAST KILBRIDE |
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G74 5PR |
Post Code: |
G74 5PR |
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Business Address: |
14-16 Cockspur St |
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LONDON |
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London |
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SW1Y 5BL |
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Business Phone No: |
020 7389 3408 |
Fax Number: |
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Names of Directors: |
IAN HARLEY,SALVATORE MARTIN GATTO,CLARE MARY JOAN SPOTTISWOODE,ADRIAN ALASTAIR MONTAGUE,MIKE ALEXANDER,PASCAL COLOMBANI,WILLIAM A COLEY,ROBERT WALMSLEY,JOHN J DELUCCA |
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Business Activities: |
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The generation and sale of electricity. |
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SIC Codes: |
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7415 |
HOLDING COMPANIES INCLUDING HEAD OFFICES |
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US SIC Codes: |
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4911 |
ELECTRIC SERVICES |
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4931 |
ELECTRIC AND OTHER SERVICES COMBINED |
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4910 |
ELECTRIC SERVICES |
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4939 |
COMBINATION UTILITIES NEC |
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CRO Activity: |
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11/01/1999 |
Annual Return Made Up Date |
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11/01/1999 |
SIC Codes |
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11/06/1999 |
Accounts Made Up Date |
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07/01/2000 |
Annual Return Made Up Date |
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07/01/2000 |
SIC Codes |
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01/09/2000 |
Accounts Made Up Date |
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21/12/2000 |
Registered Address Change |
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26/01/2001 |
Annual Return Made Up Date |
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26/01/2001 |
SIC Codes |
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26/07/2001 |
Accounts Made Up Date |
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21/12/2001 |
Accounts Made Up Date |
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21/12/2001 |
Annual Return Made Up Date |
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21/12/2001 |
SIC Codes |
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07/09/2002 |
Accounts Made Up Date |
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07/01/2003 |
Annual Return Made Up Date |
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07/01/2003 |
Annual Return Made Up Date |
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07/01/2003 |
SIC Codes |
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20/10/2003 |
Accounts Made Up Date |
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23/01/2004 |
Annual Return Made Up Date |
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23/01/2004 |
SIC Codes |
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Previous Names: |
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N/A |
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Top |
Profit and Loss Extracts |
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| Account Type: |
Group Accounts |
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| Scale: |
Millions |
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| Profit & Loss Extracts |
| No. of Months: |
12 |
12 |
12 |
12 |
| Period Ending: |
31/03/2003 |
31/03/2002 |
31/03/2001 |
31/03/2000 |
| Consolidated: |
Yes |
Yes |
N/S |
N/S |
| Turnover: |
1,903.00 |
2,049.00 |
2,124.00 |
2,092.00 |
| Profit Before Tax: |
-4,292.00 |
-493.00 |
57.00 |
225.00 |
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Top |
Balance Sheet Extracts |
| No. of Months: |
12 |
12 |
12 |
12 |
| Period Ending: |
31/03/2003 |
31/03/2002 |
31/03/2001 |
31/03/2000 |
| Trade Debtors: |
226.00 |
294.00 |
239.00 |
214.00 |
| Cash & Equivalent: |
87.00 |
N/K |
N/K |
N/K |
| Total Current Assets: |
1,358.00 |
1,866.00 |
1,539.00 |
1,431.00 |
| Trade Creditors: |
198.00 |
285.00 |
112.00 |
222.00 |
| Overdrafts: |
0.00 |
N/K |
N/K |
N/K |
| ShortTerm Loans: |
152.00 |
N/K |
0.00 |
565.00 |
| Total Current Liabilities: |
1185 |
975 |
685 |
1358 |
| Total L.T. Liabilities: |
4,375.00 |
5,217.00 |
4,931.00 |
4,380.00 |
| Shareholders Funds: |
-3,383.00 |
583.00 |
1,168.00 |
1,313.00 |
| Stock: |
360.00 |
514.00 |
560.00 |
587.00 |
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Figures Stated in: |
Millions |
Key Ratios |
No. of Months: |
12 |
12 |
12 |
12 |
Period Ending: |
31/03/2003 |
31/03/2002 |
31/03/2001 |
31/03/2000 |
Profit Margin: |
-225.54 |
-24.06 |
2.68 |
10.76 |
Profit/Capital Employed: |
126.87 |
-84.56 |
4.88 |
17.14 |
Profit/Assets: |
-197.15 |
-7.28 |
0.84 |
3.19 |
Current Debt: |
-0.35 |
1.67 |
0.59 |
1.03 |
Total Debt: |
-1.64 |
10.62 |
4.81 |
4.37 |
Long Term Debt: |
4.41 |
0.90 |
0.81 |
0.77 |
Current Ratio: |
1.15 |
1.91 |
2.25 |
1.05 |
Liquidity Ratio: |
0.84 |
1.39 |
1.43 |
0.62 |
Stock/Turnover: |
5.29 |
3.99 |
3.79 |
3.56 |
Collection Period: |
43.35 |
52.37 |
41.07 |
37.34 |
Creditor Days: |
37.98 |
50.77 |
19.25 |
38.73 |
Gearing (%): |
-23.53 |
0.00 |
0.00 |
74.11 |
Interest Coverage: |
N/K |
N/K |
1.02 |
N/K |
Credit Gearing: |
N/K |
N/K |
1.71 |
1.52 |
Indicator Ratio: |
N/K |
N/K |
11.30 |
11.47 |
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Industry: |
88 Utilities |
No. of companies: |
2,318 |
Last Updated: |
01/09/2004 |
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Industry Comparison/Average: |
Latest |
Previous |
Previous |
Previous |
Scale: |
M |
M |
M |
M |
Turnover: |
160.18 |
158.92 |
149.23 |
156.63 |
Profit Before Tax: |
-13.73 |
-0.40 |
45.91 |
15.53 |
Debtors: |
20.13 |
15.26 |
13.75 |
14.56 |
Total Assets: |
295.00 |
329.46 |
324.82 |
354.58 |
Shareholders Funds: |
27.69 |
54.03 |
78.30 |
96.90 |
Profit Margin (%): |
-8.57 |
-0.25 |
30.76 |
9.92 |
Liquidity Ratio: |
0.87 |
0.94 |
0.94 |
1.03 |
Collection Period: |
45.87 |
35.05 |
33.63 |
33.93 |
Stock/Turnover: |
42.38 |
35.08 |
27.89 |
25.64 |
Creditor Days: |
29.10 |
33.05 |
32.87 |
33.21 |
Solvency Ratio (%): |
9.39 |
16.40 |
24.11 |
27.33 |
Gearing (%): |
619.75 |
340.55 |
211.63 |
179.51 |
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Auditors are: |
PricewaterhouseCoopers LLP |
Auditors Comment on the latest Balance Sheet: |
The Auditors note that the going concern basis may be inappropriate. |
Co Secretary: |
ROBERT MALCOLM ARMOUR |
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Nationality: |
BRITISH |
Date Appointed: |
13/12/1995 |
Home Address: |
Date of Birth: |
25/09/1959 |
88 RAVELSTON DYKES |
Occupation: |
EDINBURGH |
EH12 6HE |
Co Sec & Director: |
N |
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Other Directorships: |
Y |
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Director Details |
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Director: |
IAN HARLEY |
Nationality: |
BRITISH |
Date Appointed: |
01/06/2002 |
Home Address: |
Date of Birth: |
30/04/1950 |
28 KINGSWOOD WAY |
Occupation: |
SELSDON |
NON EXECUTIVE DIRECTOR |
SOUTH CROYDON |
SURREY CR2 8QP |
Other Directorships: |
Y |
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Director: |
SALVATORE MARTIN GATTO |
Nationality: |
BRITISH |
Date Appointed: |
08/12/2003 |
Home Address: |
Date of Birth: |
09/05/1950 |
11 CAVENDISH LODGE |
Occupation: |
CAVENDISH ROAD |
ACCOUNTANT |
BATH |
AVON BA1 2UD |
Other Directorships: |
Y |
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Director: |
CLARE MARY JOAN SPOTTISWOODE |
Nationality: |
BRITISH |
Date Appointed: |
01/12/2001 |
Home Address: |
Date of Birth: |
20/03/1953 |
39 LONSDALE SQUARE |
Occupation: |
DIRECTOR |
LONDON |
N1 1EW |
Other Directorships: |
Y |
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Director: |
ADRIAN ALASTAIR MONTAGUE |
Nationality: |
BRITISH |
Date Appointed: |
02/12/2002 |
Home Address: |
Date of Birth: |
28/02/1948 |
PEGSDON BARNS |
Occupation: |
PEGSDON |
DIRECTOR |
HITCHIN |
HERTFORDSHIRE SG5 3JZ |
Other Directorships: |
Y |
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Director: |
MIKE ALEXANDER |
Nationality: |
BRITISH |
Date Appointed: |
03/03/2003 |
Home Address: |
Date of Birth: |
17/11/1947 |
8 BEARSWOOD END |
Occupation: |
BEACONSFIELD |
CHIEF EXECUTIVE |
BUCKINGHAMSHIRE |
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Other Directorships: |
Y |
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Director: |
PASCAL COLOMBANI |
Nationality: |
FRENCH |
Date Appointed: |
01/06/2003 |
Home Address: |
Date of Birth: |
14/10/1945 |
3 RUE DE LOGELBACH |
Occupation: |
DIRECTOR |
PARIS |
75017 |
Other Directorships: |
N |
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Director: |
WILLIAM A COLEY |
Nationality: |
AMERICAN |
Date Appointed: |
01/06/2003 |
Home Address: |
Date of Birth: |
24/04/1943 |
1231 WAREHAM COURT |
Occupation: |
DIRECTOR |
CHARLOTTE |
NORTH CAROLINA 28207 |
Other Directorships: |
N |
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Director: |
ROBERT WALMSLEY |
Nationality: |
BRITISH |
Date Appointed: |
01/08/2003 |
Home Address: |
Date of Birth: |
01/02/1941 |
41 BELTRAN ROAD |
Occupation: |
LONDON |
NON-EXECUTIVE DIRECTOR |
SW6 3AL |
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Other Directorships: |
Y |
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Director: |
JOHN J DELUCCA |
Nationality: |
AMERICAN |
Date Appointed: |
09/02/2004 |
Home Address: |
Date of Birth: |
25/04/1943 |
314 ARDMORE ROAD |
Occupation: |
HO-HO-KUS |
COMPANY DIRECTOR |
NEW JERSEY 07423 |
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Other Directorships: |
N |
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Top |
Gazette or Detrimental Information |
Top |
Credit Risk Information |
CCJ's Registered |
Information concerning County Court Judgements is provided in good faith; however we do not accept responsibility for the accuracy thereof |
Exact Matches |
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Court |
Date |
Amount of Judgement |
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Status |
Date Settled |
BRADFORD |
06/09/2000 |
751 |
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Judgement |
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Case No. BD006896 |
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HAMILTON |
05/10/2001 |
1,299 |
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Judgement |
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Case No. SC631/01 |
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STAINES |
08/11/2002 |
275 |
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Judgement |
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Case No. JF237973 |
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TUNBRIDGE WELLS |
18/12/2002 |
109 |
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Judgement |
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Case No. JL226340 |
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NORWICH |
28/08/2003 |
235 |
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Judgement |
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Case No. NR305680 |
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Gazette Information |
No Gazette Information |
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Payment Profiles |
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Creditor Days |
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Sector Average: |
29.10 Days |
BRITISH ENERGY PLC: |
37.98 Days |
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Liquidity Ratio |
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Sector Average: |
0.87 |
BRITISH ENERGY PLC: |
0.84 |
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Vital Signs |
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Turnover decreased by: |
7.1% |
Pre Tax Profit decreased by: |
770.6% |
Gearing increased by: |
0.0% |
Working Capital decreased by: |
80.6% |
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Credit Score: |
15 |
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Credit Rating: |
I |
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Credit Category: |
Red |
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Credit Limit: |
0 |
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Credit Score Date: |
13/09/2004 |
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Credit Rating Guidance
Credit Score Range : 0 (Poor) to 100 (Excellent)
Credit Rating Codes: A=Excellent, B=Very Good, C=Above Average, D=Average, E=Poor, F=Very Poor, G=Serious Gazette code present, I=Technically insolvent, O=Late filing of accounts , N=Dormant accounts filed, NA=No accounts filed yet, NR=No Report, NT=Does not trade |
| The latest year accounting figures in this report have been rounded to
thenearest thousand (000). The Company's latest filed accounts are for the year
ended 31/03/2003. On the basis of these accounts: We suggest that you seek
suitable assurances from the Directors. For contracts, we suggest obtaining
performance/indemnity bonding. For credit insurance purposes the credit limit is
nil. |
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