THE COMPANY OF PROPRIETORS OF THE NEATH CANAL NAVIGATION LIMITED

Accounts Submitted 6 Oct 2025

Confirmation Statement Submitted 30 Jan 2025

Net assets £-627.09K £223.44K 2023 year on year

Total assets £765.56K £53.19K 2023 year on year

Total Liabilities £1.39M £276.63K 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

13th Floor Nova South 160 Victoria Street London SW1E 5LB England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2018–2023)

Cash in Bank

£722.26k

Increased by £106.32k (+17%)

Net Assets

-£627.09k

Decreased by £223.44k (-55%)

Total Liabilities

£1.39M

Increased by £276.63k (+25%)

Turnover

£35.40k

Decreased by £30.19k (-46%)

Employees

N/A

Debt Ratio

182%

Increased by 25 (+16%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

6 active 14 resigned

Show resigned officers

						Status
Claire Elise Coalter	Director	British	United Kingdom	50	29 Jul 2022	Active
Craig Davis	Director	British	England	45	5 Dec 2024	Active
Eda Alakan	Director	British	England	44	5 Dec 2024	Active
Michael Smith	Secretary	Unknown	Unknown	—	5 Dec 2024	Active
Steven Bradley Underwood	Director	British	England	39	1 Jul 2025	Active
Tom Oliver Metcalf	Director	British	England	32	5 Dec 2024	Active

Shareholders

Shareholders (10)


St. Modwen Neath Canal Limited	64.4%	159	Ordinary	30 Jan 2025
Neath Port Talbot County Borough Council	5.7%	14	Ordinary	30 Jan 2025
Tom Metcalf	4.0%	10	Ordinary	30 Jan 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

St.modwen Neath Canal Limited

United Kingdom

Active

Notified 23 Aug 2018

Nature of Control

Ownership Of Shares 75 To 100 Percent

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Group Structure

BRIGHTON STM NEATH CANAL LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BRIGHTON STM DEVELOPMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BRIGHTON STM GROUP HOLDING COMPANY LIMITED united kingdom

THE COMPANY OF PROPRIETORS OF THE NEATH CANAL NAVIGATION LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
6 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(16 pages)
8 Jul 2025	Officers	Appointment of Mr Steven Bradley Underwood as director on 2025-07-01	View(2 pages)
8 Jul 2025	Officers	Termination of Jose Caballero as director on 2025-07-01	View(1 page)
15 Apr 2025	Persons With Significant Control	Change to St.Modwen Neath Canal Limited as a person with significant control on 2025-03-20	View(2 pages)
30 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-29 with updates	View(4 pages)