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Tower Resources Fundamentals

Company Name Tower Resource Last Updated 08 Jul 2020
Industry Oil & Gas Sector Exploration & Production
Shares in Issue (m) 1,243.27 Market Cap (£m) 3.73
PE Ratio -0.75 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -0.40 EPS Growth (%) 60.78
PEG -0.01 DPS Growth (%) n/a
Debt Ratio 0.00 Debt Equity Ratio 0.00
Net Gearing 10.72 Gross Gearing 10.88
Asset Equity Ratio 1.12 Cash Equity Ratio 0.18
Quick Ratio 0.04 Current Ratio 0.04
Price To Book Value 0.17 ROCE -12.23

Tower Resources Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Tower Resources Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 0 0 0
Intangible Assets 24 20 21
Investments 0 0 0
Total Fixed Assets 24 20 21
Stocks 0 0 0
Debtors 0 0 0
Cash & Equivalents 0 0 2
Other Assets 0 0 0
Total Assets 24 20 23
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 3 1 1
Creditors after 1 year 0 0 0
Other Liabilities 0 0 0
Total Liabilities 3 1 1
Net assets 22 19 22
Equity (£m) 2019 2018 2017
Called up share capital 18 16 16
Share Premium 144 142 142
Profit / Loss -3 -4 -2
Other Equity 0 0 0
Preference & Minorities 0 0 0
Total Capital Employed 22 19 22
Ratios 2019 2018 2017
Debt Ratio 0.00 0.00 0.00
Debt-to-Equity 0.00 0.00 0.00
Net Gearing 10.72 4.81 -4.69
Gross Gearing 10.88 6.46 4.50
Assets / Equity 1.12 1.07 1.05
Cash / Equity 0.18 1.77 9.63
EPS -0.40 -1.02 -1.07
Cash Flow (£m) 2019 2018 2017
Cash from operating activities -1 -1 -1
Cashflow before financing -5 -2 -2
Increase in Cash -0 -2 1
Income (£m) 2019 2018 2017
Turnover 0 0 0
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -2 -4 -2
Pre-Tax profit -3 -4 -2
Profit / Loss for the year 18 16 16

Tower Resources Company Background

Sector Exploration & Production
Activities Tower Resources plc is an AIM-listed, London-based, independent oil and gas exploration company with a pan-African regional focus. The Company has successfully pursued a strategy to diversify its portfolio and now holds license positions in Cameroon, South Africa, Zambia and a Royalty interest in the SADR (Western Sahara). Tower's Board and Management team continually assess opportunities which can deliver shareholder value through the diversification of its portfolio.
Latest Interim Date 11 Sep 2019
Latest Fiscal Year End Date 10 Jun 2020

Tower Resources Directors

Appointed Director Position
2012-06-01 Graeme Paul Thomson Chief Executive Officer
2007-02-08 Jeremy Benjamin Gerald Asher Non-Executive Chairman
2017-11-09 David Mansel Thomas Non-Executive Director
2006-01-16 Peter Taylor Non-Executive Director

Tower Resources Contact Details

Company Name Tower Resource
Company Address 127 Cheapside, London EC2V 6BT.
Company Telephone +44 (0)20 7253 6639
Company Website http://www.towerresources.co.uk/

Tower Resources Advisors

Auditor Name UHY Hacker Young LLP
Auditor Address Quadrant House, 17 Thomas More Street, Thomas More Square, London E1W 1YW.
Auditor Website http://www.uhy-uk.com/
Auditor Telephone +44 (0)20 7216 4600
Registrar Name Link Asset Services
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.linkassetservices.com/
Registrar Telephone 0870 162 3100
Broker Name SP Angel Corporate Finance
Broker Address 35 Berkeley Square, London W1J 5BF.
Broker Website http://www.spangel.co.uk/
Broker Telephone +44 (0)20 3463 2260
Adviser Name SP Angel Corporate Finance
Adviser Address 35 Berkeley Square, London W1J 5BF.
Adviser Website http://www.spangel.co.uk/
Adviser Telephone +44 (0)20 3463 2260
Solicitor Name Watson, Farley & Williams LLP
Solicitor Address 15 Appold Street, London EC2A 2HB.
Solicitor Website http://www.wfw.com/
Solicitor Telephone +44 (0)20 7814 8000
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a