Ankündigung • Apr 01
An undisclosed buyer acquired Aftech Limited from Vulcan Industries Plc (OFEX:VULC) for £1. An undisclosed buyer acquired Aftech Limited from Vulcan Industries Plc (OFEX:VULC) for £1 on March 31, 2025. A cash consideration of £1 will be paid by the buyer. As part of consideration, £1 is paid towards common equity of Aftech Limited.
An undisclosed buyer completed the acquisition of Aftech Limited from Vulcan Industries Plc (OFEX:VULC) on March 31, 2025. New Risk • Dec 07
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Negative equity (-UK£9.0k). Revenue has declined by 76% over the past year. Revenue is less than US$1m (UK£783k revenue, or US$998k). Market cap is less than US$10m (UK£1.09m market cap, or US$1.39m). New Risk • Nov 13
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: UK£783k (US$998k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-UK£9.0k). Revenue has declined by 76% over the past year. Revenue is less than US$1m (UK£783k revenue, or US$998k). Market cap is less than US$10m (UK£1.09m market cap, or US$1.39m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Ankündigung • Jul 16
Vulcan Industries Plc, Annual General Meeting, Aug 07, 2024 Vulcan Industries Plc, Annual General Meeting, Aug 07, 2024. Location: tickton hall, beverley, east yorkshire, hu17 9rx, tickton United Kingdom New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 76% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-UK£9.0k). Revenue has declined by 76% over the past year. Revenue is less than US$1m (UK£783k revenue, or US$990k). Market cap is less than US$10m (UK£1.09m market cap, or US$1.38m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Jun 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-UK£9.0k). Revenue is less than US$1m (UK£783k revenue, or US$990k). Market cap is less than US$10m (UK£1.09m market cap, or US$1.38m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Ankündigung • Nov 16
An unknown buyer acquired Time Rainham Limited from Vulcan Industries Plc (OFEX:VULC) for £1. An unknown buyer acquired Time Rainham Limited from Vulcan Industries Plc (OFEX:VULC) for £1 on November 15, 2022. This disposal will improve the Group balance sheet of Vulcan Industries plc.An unknown buyer completed the acquisition of Time Rainham Limited from Vulcan Industries Plc (OFEX:VULC) on November 15, 2022. Ankündigung • Nov 10
Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.157 million. Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.157 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,111,111
Price\Range: £0.008215 Reported Earnings • Oct 17
Full year 2022 earnings released: UK£0.012 loss per share (vs UK£0.014 loss in FY 2021) Full year 2022 results: UK£0.012 loss per share. Revenue: UK£2.93m (down 44% from FY 2021). Net loss: UK£4.08m (loss widened 19% from FY 2021). Ankündigung • Oct 15
Vulcan Industries Plc (OFEX:VULC) entered into a binding heads of terms to acquire Peregrine X Limited from Unity Global- FZCO for £5.5 million. Vulcan Industries Plc (OFEX:VULC) entered into a binding heads of terms to acquire Peregrine X Limited from Unity Global- FZCO for £5.5 million on October 14, 2022. The total consideration payable is £5,000,000 to be satisfied by the issue of zero-coupon convertible loan notes with a term of one year (“CLN”). Initial consideration will be the issue of £1,000,000 notes with deferred consideration of four tranches of £1,000,000 of notes to be issued on; (a) the receipt of an independent valuation of the Peregrine Group; (b) the commissioning of a laboratory facility in the UAE, (c) the signature of contracts for more than 250 tests and (d) the delivery of the first 25 tests. If no tests have been delivered within the term of the CLN, there is a mutual unwind clause. The notes may be converted at will by the Company, or after the four tranches of deferred consideration have been triggered, by Peregrine. The conversion price is 1p per new ordinary share. Conversion of the full consideration would result in the issue of 500,000,000 new ordinary shares of £0.0004 each, being approximately 46.2% of the enlarged share capital today. In addition, the Company has agreed to enter a Royalty agreement whereby the vendors will receive a Royalty of 70% of the post tax earnings of the Peregrine Group This has been capped. At present the Peregrine Group has generated no revenue and there is no guarantee that revenue will be generated. Both Peregrine and the Company have options to terminate the Royalty agreement once 2,000 tests have been contracted for and 200 tests delivered. The Company has agreed to issue 50,000,000 warrants to the Vendor with an exercise price of 1p and a term to 31 March 2024.The acquisition also include Peregrine Analytics Limited, subsidiary of Peregrine X. The acquisition is conditional only on documentation of the acquisition agreement. Ankündigung • Sep 01
An unknown buyer acquired Ivi Metallics Limited from Vulcan Industries Plc (OFEX:VULC). An unknown buyer acquired Ivi Metallics Limited from Vulcan Industries Plc (OFEX:VULC) on August 31, 2022.An unknown buyer completed the acquisition of Ivi Metallics Limited from Vulcan Industries Plc (OFEX:VULC) on August 31, 2022. Ankündigung • Aug 12
Vulcan Industries Plc Appoints Darren Taylor as A Non-Executive Director Vulcan Industries Plc announced the appointment of Darren Taylor as a Non-executive director with immediate effect. Darren is one of the vendors of Aftech Limited. Ankündigung • Jul 19
An unknown buyer acquired Orca Doors Limited from Vulcan Industries Plc (OFEX:VULC) on July 18, 2022. An unknown buyer acquired Orca Doors Limited from Vulcan Industries Plc (OFEX:VULC) for £1 on July 18, 2022. In the interim accounts to September 30, 2021 Orca had net liabilities of £751,000. Brian Stockbridge and Jenny Liu of First Sentinel Corporate Finance Limited acted as financial advisors for Vulcan Industries.
An unknown buyer completed the acquisition of Orca Doors Limited from Vulcan Industries Plc (OFEX:VULC) on July 18, 2022. Ankündigung • Jun 24
Vulcan Industries Plc has completed a Composite Units Offering. Vulcan Industries Plc has completed a Composite Units Offering.
Security Name: Securities
Security Type: Debt/Equity Composite Units
Security Name: Shares
Security Type: Common Stock
Securities Offered: 37,220,649
Price\Range: £0.0004
Security Name: 3P Warrants
Security Type: Equity Warrant
Securities Offered: 24,661,487
Transaction Features: Subsequent Direct Listing Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director John Maxwell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 21
Vulcan Industries Plc, Annual General Meeting, May 13, 2022 Vulcan Industries Plc, Annual General Meeting, May 13, 2022. Ankündigung • Apr 01
OJT11 LTD acquired M&G Olympic Products Ltd from Vulcan Industries Plc (OFEX:VULC) for £1. OJT11 LTD acquired M&G Olympic Products Ltd from Vulcan Industries Plc (OFEX:VULC) for £1 on March 30, 2022. On September 30, 2021, MGO had net liabilities of approximately £0.83 million.
OJT11 LTD completed the acquisition of M&G Olympic Products Ltd from Vulcan Industries Plc (OFEX:VULC) on March 30, 2022. Reported Earnings • Jan 07
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: UK£0.003 loss per share (up from UK£0.007 loss in 1H 2021). Revenue: UK£2.72m (up 25% from 1H 2021). Net loss: UK£951.0k (loss narrowed 39% from 1H 2021). Revenue was in line with analyst estimates. Ankündigung • Jan 07
Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.224 million. Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.224 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,000,000
Price\Range: £0.016
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 22
Full year 2021 earnings released: UK£0.014 loss per share (vs UK£0.013 loss in FY 2020) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: UK£5.23m (up 31% from FY 2020). Net loss: UK£3.42m (loss widened 52% from FY 2020). Ankündigung • Sep 02
Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.163229 million. Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.163229 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,600,000
Price\Range: £0.017003
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 18
Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.33 million. Vulcan Industries Plc has completed a Follow-on Equity Offering in the amount of £0.33 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,250,000
Price\Range: £0.04
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 11
Vulcan Industries Plc, Annual General Meeting, Mar 05, 2021 Vulcan Industries Plc, Annual General Meeting, Mar 05, 2021, at 11:00 Coordinated Universal Time. Location: Hill Dickinson LLP at 8th Floor, The Broadgate Tower, 20 Primrose Street London United Kingdom Ankündigung • Sep 23
Vulcan Industries Plc (OFEX: VULC) entered into non-binding agreement to acquire Edwin Lowe Limited for £0.52 million. Vulcan Industries Plc (OFEX: VULC) entered into non-binding agreement to acquire Edwin Lowe Limited for £0.52 million on September 11, 2019. As of June 30, 2019 revenue was £1.03 million, operating profit was £0.07 million, profit after tax was £0.10 million. The transaction is subject to consummation of due diligence. The exclusivity period was June 30, 2020. As of September 22, 2020 it is October 31, 2020. Ankündigung • Jul 09
Vulcan Industries PLC has completed a Follow-on Equity Offering in the amount of £0.070658 million. Vulcan Industries PLC has completed a Follow-on Equity Offering in the amount of £0.070658 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,570,178
Price\Range: £0.045
Transaction Features: Subsequent Direct Listing