{"name":"NEW WORLD RESOURCES PLC","company_number":"07584218","status":"Liquidation","type":"Public Limited Company","incorporated":"2011-03-30","dissolved":null,"registered_office":"Suite 3, Avery House, 69 North Street, Brighton, BN41 1DH","postcode":"BN41 1DH","sic_codes":[{"code":5101,"description":"Deep coal mines"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Group","year_end":"31 December","last_made_up_to":"2015-12-31","next_due":"2017-06-30"},"employees":null,"financials":[],"officers":{"current":0,"resigned":23,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2023-09-05","kind":"insolvency"},{"date":"2023-02-10","kind":"insolvency"},{"date":"2016-11-14","kind":"insolvency"},{"date":"2016-11-14","kind":"insolvency"},{"date":"2016-10-26","kind":"insolvency"}],"insolvency_outcome":{"active_today":false,"filings":[{"form":"LIQ14","date":"2026-08-04","description":"Return of final meeting in a creditors' voluntary winding up"}]},"ai_summary":"New World Resources PLC represents a terminal casualty of the structural decline in the European deep coal mining sector, having entered liquidation after failing to navigate the commodity downturn and the accelerating energy transition. With accounts stagnant since 2015 and statutory filings overdue, the company's demise mirrors the broader extinction of deep-coal extraction in Western markets, where high-cost underground operations cannot compete against cheaper open-cast imports and decarbonization policies. Ultimately, its historical scale—evidenced by over £109m in share capital—was insufficient to offset the fatal combination of leveraged balance sheets, falling thermal coal demand, and an uncompetitive cost base.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/new-world-resources","people":"https://www.companiesintheuk.co.uk/company/new-world-resources/people","filing_history":"https://www.companiesintheuk.co.uk/company/new-world-resources/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07584218","gazette":"https://www.companiesintheuk.co.uk/company/new-world-resources/gazette","ai_analysis":"https://www.companiesintheuk.co.uk/company/new-world-resources/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/new-world-resources"}