INSIGHTS - OCTOBER 2024

UK Coal Mining Industry

UK Coal Mining Industry Information

The coal mining industry involves extracting solid mineral fuels such as coal or lignite from underground or surface pits.

Active Businesses

63

Annual Sales

£500m +

Employees

1,392

Economic Contribution 

£302m

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Location of Coal Mining Companies

Coal Mining Companies by Size

54% Micro

30% Small

9% Large

4% Mid

2% Mega

Coal Mining Companies by Age

48% Mature

29% Established

17% Young

5% Startup

2% New

Fastest Growing Coal Mining Companies

37% Declining

24% High

21% Healthy

13% Rapid

5% Low

Coal Mining Industry Competitive Environment - New Entrants vs Leavers

Coal Mining Industry Valuation

EBITDA Multiple

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Coal Mining Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Coal Mining Industry Valuation

Net Asset Multiple

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Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Mining of coal and lignite Industry Insights

There are 63 active Businesses in the UK with combined annual sales of £500 million .

The Industry employs around 1,391 people and contributes £302 million to the economy.

The most popular location for Coal Mining companies is London with 15 and the fewest are located in South West England with 1.

The largest Coal Mining company is Fitzroy Qld Resources Limited with a turnover of £399.1m. 54% of the industry is comprised of Micro companies with only 9% Large companies.

5% of the Coal Mining Industry is made up of 5% Startup but the majority are Mature businesses (48%) the oldest company is Johnsons (Chopwell) Limited founded in 1941.

Coal Mining industry has a number of high growth companies (13%), the fastest growing company is Hall Construction Services Limited with a 3 year growth rate of 25%. Other fast growing companies include Fitzroy Qld Resources Limited (20%), Manuli Hydraulics Uk Limited (17%) and Walters Resources Limited (12%).

The UK Coal Mining Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 3.59x, Turnover multiple of 0.85x and a Net Asset multiple of 1.48x.