PHILIPPINE GOLD LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-03-22 (in 10mo)
Last made up 2026-03-08
Watchouts
None on the register
Cash
£1M
+332.3% highest in 5 filed years
Net assets
£7M
+524.6% highest in 5 filed years
Employees
9
0% vs 2024
Profit before tax
£131M
+51,671.8% highest in 5 filed years
Name history
Renamed 2 times since incorporation
- PHILIPPINE GOLD LIMITED 1996-08-05 → present
- LONDON FIDUCIARY TRUST PLC 1984-08-02 → 1996-08-05
- TAMLIN SECURITIES PLC 1960-08-02 → 1984-08-02
Net assets
9-year trend · vs Basic Materials median
Accounts
9-year trend · latest reflected 2025-06-30
| Metric | Trend | 2020-07-01 | 2021-06-30 | 2021-07-01 | 2022-06-30 | 2022-07-01 | 2023-06-30 | 2023-07-01 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £4,251,639 | — | £2,994,902 | — | £3,070,807 | — | £2,977,032 | £2,966,527 | |
| Operating profit | — | -£98,155 | — | -£44,825 | — | -£15,368 | — | £82,738 | £46,888 | |
| Profit before tax | — | -£98,149 | — | -£44,824 | — | -£15,368 | — | £252,738 | £130,846,888 | |
| Net profit | — | -£99,814 | — | -£46,621 | — | -£48,665 | — | £192,193 | £111,186,089 | |
| Cash | — | £125,814 | — | £139,948 | — | £162,235 | — | £289,900 | £1,253,239 | |
| Total assets less current liabilities | — | -£1,765,688 | — | -£1,812,309 | — | -£1,860,974 | — | -£1,668,781 | £7,085,490 | |
| Net assets | — | -£1,765,688 | — | -£1,812,309 | — | -£1,860,974 | — | -£1,668,781 | £7,085,490 | |
| Equity | -£1,665,874 | -£1,765,688 | -£1,765,688 | -£1,812,309 | -£1,812,309 | -£1,860,974 | -£1,860,974 | -£1,668,781 | £7,085,490 | |
| Average employees | — | 14 | — | 10 | — | 10 | — | 9 | 9 | |
| Wages | — | £4,163,424 | — | £2,935,666 | — | £2,937,344 | — | £2,718,127 | £2,742,008 |
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 | 2020-07-01 | 2021-06-30 | 2021-07-01 | 2022-06-30 | 2022-07-01 | 2023-06-30 | 2023-07-01 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -2.3% | — | -1.5% | — | -0.5% | — | 2.8% | 1.6% | |
| Net margin | — | -2.3% | — | -1.6% | — | -1.6% | — | 6.5% | 3748.0% | |
| Return on capital employed | — | 5.6% | — | 2.5% | — | 0.8% | — | -5.0% | 0.7% | |
| Current ratio | — | — | — | — | — | — | — | 0.04x | 2.40x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Directors consider the going concern basis to be appropriate because the Company's ultimate parent, B2Gold Corp., has confirmed that it will provide financial support to the company, through a letter of support, to the extent that funds for working capital requirements are not otherwise available for at least a period of 12 months from the date of signing the financial statements.”
Group structure
- PHILIPPINE GOLD LIMITED · parent
- Filminera Resources Corporation 40%
- Philippine Gold Processing and Refining Corporation 100%
Significant events
- “On 24 November 2024, PGPRC, the Company's wholly owned subsidiary, declared a dividend of $130,000,000. In December 2024, the dividend was paid and the Company received $110,500,000 (net of $19,500,000 withholding tax). The Company subsequently repaid amounts owed to group undertakings of $8,068,182 and declared and paid an interim dividend of $102,431,818 to the parent company.”
- “In December 2025, PGPRC, the Company's wholly owned subsidiary, declared a dividend of $335,000,000. The dividend was paid and the Company received $284,750,000 (net of $50,250,000 withholding tax). The Company subsequently declared and paid an interim dividend of $284,750,000 to the parent company.”
- “In March 2026, Filminera Resources Corporation, a company in which Philippine Gold Limited holds 40% of the equity interest, declared a dividend. The dividend was paid and the Company received $2,040,000 (net of $360,000 withholding tax).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CINNAMOND, Michael Andrew | Director | 2014-04-01 | Nov 1966 | British,Canadian |
| HENDERSON, Ian Ramsay | Director | 2025-10-01 | Jan 1949 | British |
| KORPAN, Jerry Richard | Director | 2017-03-31 | Mar 1946 | British,Canadian |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BISHOP, Kathleen | Secretary | — | 1994-02-09 |
| ENOCH, Philip Maurice | Secretary | 1994-02-09 | 2000-11-01 |
| WILSON, Alison | Secretary | 2000-11-01 | 2017-03-31 |
| ACHESON, Denis | Director | 2000-11-01 | 2002-05-01 |
| ALDRIDGE, Gregory Vaughan | Director | — | 1993-09-09 |
| BECKWITH, Warren Talbot | Director | 1999-02-12 | 1999-10-08 |
| BISHOP, Kathleen | Director | — | 1994-02-09 |
| BUCKINGHAM, Martin Charles Michael | Director | 1994-08-10 | 1999-04-30 |
| BURNELL, Andrew Keith | Director | — | 1998-09-03 |
| CARRICK, Michael Joseph | Director | 2007-03-19 | 2013-01-31 |
| CORDIN, Peter George | Director | 1999-02-12 | 2000-11-01 |
| CORRA, Mark Anthony | Director | 2013-01-31 | 2014-04-01 |
| DAVIS, Geoffrey John | Director | 1999-03-04 | 2000-11-01 |
| EDMONDS, Philippe Henri | Director | 1994-02-09 | 1998-09-03 |
| ENOCH, Philip Maurice | Director | 1994-02-09 | 1998-09-03 |
| GILLAM, Neil Malcolm | Director | 2017-03-31 | 2025-09-30 |
| GRAETZ, Andreas | Director | 2005-08-31 | 2007-03-19 |
| GRANT RENNICK, Simon Richard | Director | 1994-08-10 | 1998-05-14 |
| HOLMES, Simon William | Director | 1999-02-12 | 1999-10-08 |
| HORAN, John Patrick | Director | 1998-06-12 | 1999-02-12 |
| IYAROO, Selven Sooreeyen | Director | 2018-07-17 | 2018-07-23 |
| JONNES, Walter Allan | Director | — | 1992-04-28 |
| JUDGE, Kenneth Peter | Director | 1999-02-12 | 2000-11-01 |
| KEOGH, James Thomas | Director | 1997-10-17 | 1999-02-12 |
| KINGHT, David Allen | Director | 1997-03-20 | 1997-10-10 |
| KLUG, Bernard Philip | Director | — | 1992-07-22 |
| LITTLE, John Noel | Director | — | 1992-07-22 |
| LUBBOCK, Frank | Director | 1994-08-10 | 1999-04-30 |
| MASON, Frederick William Ross | Director | 1996-07-24 | 1997-04-07 |
| MCKENZIE, Harvey Hamilton | Director | 2000-11-01 | 2005-08-31 |
| MCLUCAS, William Philip | Director | 2000-11-01 | 2004-12-23 |
| MILLS, Reginald Osborn | Director | — | 1993-02-01 |
| PHILLIPS, Alan Spence | Director | 1998-06-12 | 1999-04-14 |
| RICHER, Roger Thomas | Director | 2013-01-31 | 2017-03-31 |
| SALAZAR, Rogelio Colendrino | Director | 1996-11-21 | 1998-05-14 |
| WERNER, Michael Anthony | Director | 1996-11-21 | 1997-10-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| B2gold Corp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 340 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-20 RESOLUTIONS Resolution
- 2025-01-20 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AA | accounts | Accounts with accounts type full | |
| 2026-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-07 | AA | accounts | Accounts with accounts type full | |
| 2025-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-20 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-20 | MA | incorporation | Memorandum articles | |
| 2024-12-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-28 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-20 | AA | accounts | Accounts with accounts type full | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-0.4%
£2,977,032 £2,966,527
-
Cash
+332.3%
£289,900 £1,253,239
highest in 5 filed years
-
Net assets
+524.6%
-£1,668,781 £7,085,490
highest in 5 filed years
-
Employees
0%
9 9
-
Operating profit
-43.3%
£82,738 £46,888
first positive since 2023
-
Profit before tax
+51,671.8%
£252,738 £130,846,888
highest in 5 filed years
-
Wages
+0.9%
£2,718,127 £2,742,008
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