PALABORA EUROPE LIMITED
Get an alert when PALABORA EUROPE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-07 (in 11mo)
Last made up 2026-03-24
Watchouts
None on the register
Cash
5,014,000
-36.7% vs 2023
Net assets
12,698,000
-3.7% vs 2023
Employees
4
-20% vs 2023
Profit before tax
1,855,000
-56.1% lowest in 4 filed years
Name history
Renamed 2 times since incorporation
- PALABORA EUROPE LIMITED 2000-08-01 → present
- MANDOVAL LIMITED 1953-03-19 → 2000-08-01
- MINERALS & OVERSEAS AGENCIES LIMITED 1944-11-10 → 1953-03-18
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £25,737,000 | £35,584,000 | £34,580,000 | £8,964,000 | |
| Operating profit | — | — | £3,543,000 | £6,304,000 | £4,148,000 | £1,555,000 | |
| Profit before tax | — | — | £7,319,000 | £6,311,000 | £4,226,000 | £1,855,000 | |
| Net profit | — | — | £6,627,000 | £5,161,000 | £3,232,000 | £1,458,000 | |
| Cash | — | — | £3,579,000 | £3,145,000 | £7,919,000 | £5,014,000 | |
| Total assets less current liabilities | — | — | £7,971,000 | £13,132,000 | £13,182,000 | £12,698,000 | |
| Net assets | — | — | — | — | £13,182,000 | £12,698,000 | |
| Equity | £10,428,000 | £9,620,000 | £7,971,000 | £13,132,000 | £13,182,000 | £12,698,000 | |
| Average employees | — | — | 4 | 5 | 5 | 4 | |
| Wages | — | — | £260,000 | £330,000 | £346,000 | £338,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 13.8% | 17.7% | 12.0% | 17.3% | |
| Net margin | — | — | 25.7% | 14.5% | 9.3% | 16.3% | |
| Return on capital employed | — | — | 44.4% | 48.0% | 31.5% | 12.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 25.9% | 1.9% | |
| Current ratio | — | — | — | — | 3.86x | 51.35x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any maternal uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for Issue.”
Group structure
- PALABORA EUROPE LIMITED · parent
- Palabora America 100%
Significant events
- “Sales during 2024 decreased by 64,072 tonnes on 2023 and a decrease in turnover of €25,616k on 2023 This decrease is due to Palabora Europe ending operations and these being taken over by the subsidiary of this company starting from May 2024.”
- “In January 2024 the directors made the decision to cease the sale of products in the company in the 2024 financial year The company's main operations will be integrated into the US subsidiary company and any remaining stock will be sold to them.”
- “In June 2025, Palabora Europe Limited approved a capital contribution to its subsidiary Palabora Global Inc consisting of $8 million of existing intercompany balances intended to meet the ongoing capital requirements and an additional $5 million as an increase in fixed asset investment”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOO, David Hee Chew | Director | 2024-02-05 | Jul 1957 | Singaporean |
| MOODLEY, Lance Gabriel | Director | 2022-07-25 | Feb 1970 | South African |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALDRIDGE, Gemma Jane Constance | Secretary | 2012-02-15 | 2013-07-05 |
| BRENNAN, Louise | Secretary | 2006-12-31 | 2007-03-09 |
| CROFT, John Alfred | Secretary | 1993-10-01 | 1995-09-22 |
| DOVE, Nicholas Charles | Secretary | 1998-11-16 | 2001-06-01 |
| DOWDING, Roger Peter | Secretary | 2007-11-02 | 2010-03-31 |
| DOWNEY, Richard Leslie | Secretary | 1997-09-25 | 1998-11-16 |
| GURRY, Allison May | Secretary | 1995-09-22 | 1997-09-25 |
| HENSLEY, Jack Neville | Secretary | — | 1993-09-30 |
| JACKSON, Laura Ann Maria | Secretary | 2007-03-09 | 2007-11-02 |
| PRESCOTT, Mary Patricia | Secretary | 2001-06-01 | 2006-12-31 |
| REGAN, Karen Clare | Secretary | 2013-07-05 | 2022-08-02 |
| WHYTE, Matthew John | Secretary | 2010-07-22 | 2012-02-15 |
| AITKEN, Barry Roderick | Director | 1995-03-06 | 1996-10-31 |
| ANDERSON, Homer Floyd | Director | 2002-01-28 | 2003-11-14 |
| ATSCHIT, Louis | Director | 2005-01-14 | 2008-09-15 |
| DOVE, Nicholas Charles | Director | 2000-10-30 | 2001-06-01 |
| DOWDING, Roger Peter | Director | 2006-06-01 | 2010-03-31 |
| DOWNEY, Richard Leslie | Director | 1998-12-14 | 1999-11-11 |
| DU PLESSIS, Louis | Director | 2002-12-11 | 2004-08-26 |
| DU PLESSIS, Louis | Director | 1999-10-22 | 2002-01-28 |
| DU PLOOY, Stephanus Hendrik | Director | 2001-02-23 | 2001-11-28 |
| ELLICOTT, Graham Charles | Director | 1993-01-01 | 1998-12-31 |
| GOVENDER, Ashley | Director | 2015-01-01 | 2016-01-31 |
| GREEN, Athena Elizabeth | Director | 2025-04-14 | 2025-10-01 |
| HANKE, Herbert | Director | 2008-09-15 | 2012-12-31 |
| HENKE, Herbert | Director | 2008-09-15 | 2012-12-31 |
| HODGES, Michael Eric | Director | — | 1993-07-01 |
| KENYON SLANEY, Harry James Rudolph | Director | 1997-03-07 | 2001-03-02 |
| KINNELL, Craig James | Director | 2012-06-08 | 2013-05-02 |
| KNIGHT, Richard David | Director | 2013-07-01 | 2024-05-01 |
| LE BOUTILLIER, Margaret Anne | Director | 2003-11-14 | 2005-07-31 |
| LIGHTERNESS, Thomas John | Director | — | 1993-12-14 |
| MARTIN, John Barry | Director | 1996-10-01 | 1998-11-13 |
| SCHAFFLER, Basil Reginald | Director | 2004-08-26 | 2006-02-15 |
| SHEARD, Anthony Robert | Director | — | 1994-03-31 |
| SHUTT, Neville Richard | Director | — | 1995-03-06 |
| SIREGAR, Arif Suleman, Dr | Director | 2001-11-28 | 2002-12-11 |
| STEENKAMP, Nicolaas Salomo Louw | Director | 2013-01-31 | 2014-12-31 |
| VON MALTITZ, Ronald Murray | Director | 1993-07-01 | 1997-03-13 |
| WHYTE, Matthew John | Director | 2010-03-25 | 2012-06-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Palabora Copper Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 197 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-15 | CH01 | officers | Change person director company with change date | |
| 2025-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2024-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-15 | AA | accounts | Accounts with accounts type full | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-10 | AA | accounts | Accounts with accounts type full | |
| 2022-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-11 | AA | accounts | Accounts with accounts type full | |
| 2021-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-74.1%
£34,580,000 £8,964,000
lowest in 4 filed years
-
Cash
-36.7%
£7,919,000 £5,014,000
-
Net assets
-3.7%
£13,182,000 £12,698,000
-
Employees
-20%
5 4
-
Operating profit
-62.5%
£4,148,000 £1,555,000
lowest in 4 filed years
-
Profit before tax
-56.1%
£4,226,000 £1,855,000
lowest in 4 filed years
-
Wages
-2.3%
£346,000 £338,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers