0.02p-0.00 (-4.88%)25 Apr 2024, 12:53
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.AJ Bell logo
Jump to:

Tower Resources PLC Fundamentals

Company NameTower Resources PLCLast Updated2024-04-25
IndustryOil & Gas E&PSectorEnergy
Shares in Issue16.638 bnMarket Cap£3.24 m
PE Ratio0.68Dividend per Share0
Dividend Yield0Dividend Cover0
EPS$-0.00EPS Growth (%)0
PEG0DPS Growth (%)0
Debt Ratio0.0011Debt Equity Ratio0.0008
Asset Equity Ratio1.0634Cash Equity Ratio0.0298
Quick Ratio0.5057Current Ratio0.51
Price To Book Value0.1363ROCE0

Tower Resources PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total

Tower Resources PLC Company Financials

Assets20222021
Tangible Assets$31.83 m$28.78 m
Intangible Assets00
Investments00
Total Fixed Assets$31.83 m$28.78 m
Stocks00
Debtors$474,749.00$8,239.00
Cash & Equivalents$231,216.00$10,227.00
Other Assets00
Total Assets$32.54 m$28.80 m
Liabilities20222021
Creditors within 1 year$3.15 m$2.35 m
Creditors after 1 year$29,286.00$46,548.00
Other Liabilities00
Total Liabilities$3.18 m$2.40 m
Net assets$29.36 m$26.40 m
Equity20222021
Called up share capital$18.28 m$18.26 m
Share Premium$152.34 m$148.75 m
Profit / Loss-$1.01 m$47,299.00
Other Equity$29.36 m$26.40 m
Preference & Minorities00
Total Capital Employed$29.36 m$26.40 m
Ratios20222021
Debt Ratio$0.00$0.00
Debt-to-Equity$0.00$0.00
Assets / Equity1.06341.0634
Cash / Equity0.02980.0298
EPS$-0.00$0.00
Cash Flow20222021
Cash from operating activities-$289,915.00-$186,154.00
Cashflow before financing$3.27 m$1.70 m
Increase in Cash$220,989.00$173.00
Income20222021
Turnover00
Cost of sales00
Gross Profit00
Operating Profit-$1.01 m$196,547.00
Pre-Tax profit-$1.01 m$47,299.00

Tower Resources PLC Company Background

SectorEnergy
ActivitiesTower Resources PLC is a London-based upstream oil and gas company. It is engaged in the exploration of oil and gas and has exploration projects in Cameroon, South Africa, Namibia and Western Sahara. It is an operator of international licenses with a focus on projects in Africa. The company has two reportable operating segments: Africa and Head Office.
Latest Interim Date29 Sep 2023
Latest Fiscal Year End Date19 Jun 2023

Tower Resources PLC Directors

AppointedNamePosition
2024-02-16Mr. Jeremy Benjamin Gerald AsherExecutive Director,Chairman and Chief Executive Officer
2021-06-07Mr. Peter TaylorNon-Executive Director
2011-11-28Mr. Peter Eric KingstonExecutive Director,Chief Executive Officer
2017-07-03Mr. Peter BlakeyNon-Executive Director
2012-02-09Mr. Mark Stuart SavageNon-Executive Director
2022-06-06Mr. Graeme Paul ThomsonNon-Executive Director
2017-07-03Mr. Nigel Alan QuintonExecutive Director,Exploration Director
2017-07-03Mr. Philip Hilary SwatmanNon-Executive Director
2020-09-30Mr. David Mansel ThomasNon-Executive Director
2005-06-30Mr. Russell David Langusch BE,MEngScNon-Executive Director
2024-01-04Ms. Paula Concetta BrancatoNon-Executive Director
2024-01-04Dr. Mark Andrew EnfieldNon-Executive Director

Tower Resources PLC Contact Details

Company NameTower Resources PLC
Address140 Buckingham Palace Road, Westminster, SW1W 9SA
Telephone+44 2078678600
Websitehttps://www.towerresources.co.uk

Tower Resources PLC Advisors

Remuneration ConsultantKepler Associates
Phone+44 2079307730
Fax+44 2079307733
Financial PR AdviserVigo Communications
Phone+44 2078309700
StockbrokerPeel Hunt LLP
Phone+44 2074188900
Nominated AdviserPeel Hunt LLP
Phone+44 2074188900
AuditorUHY Hacker Young
Phone+44 2072164600
Fax+44 2077672600
RegistrarCapita Asset Services
Phone+44 8716640300
Fax+44 2086392342
StockbrokerNorthland Capital Partners
Phone+44 2038616625
Fax+44 2076005975
Financial PR AdviserM:Communications Ltd
Phone(020) 7920 2330
Fax(020) 7920 2304
SolicitorWatson Farley & Williams LLP
Phone+44 2078148000
Fax+44 2078148141
StockbrokerInvestec Bank PLC
Phone(020) 7597 5970
Fax(020) 7597 5120
BankBarclays Bank PLC
Nominated AdviserNorthland Capital Partners
Phone+44 2038616625
Fax+44 2076005975