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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-01 (in 2mo)

Last made up 2025-06-17

Watchouts

None on the register

Cash

£6M

+93.3% vs 2023

Net assets

£46M

-46.8% vs 2023

Employees

101

-1.9% vs 2023

Profit before tax

-£64M

-58.9% vs 2023

Name history

Renamed 3 times since incorporation

  1. RIO TINTO MINING AND EXPLORATION LIMITED 1997-06-25 → present
  2. RTZ MINING AND EXPLORATION LIMITED 1988-10-14 → 1997-06-25
  3. DELABOLE SLATE LIMITED 1981-12-31 → 1988-10-14
  4. PERSKIP LIMITED 1977-03-30 → 1981-12-31

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit
Profit before tax -£40,197,924-£63,873,981
Net profit -£40,629,355-£64,224,611
Cash £3,149,741£6,089,696
Total assets less current liabilities £88,826,538£47,971,090
Net assets £87,163,084£46,356,560
Equity £87,163,084£46,356,560
Average employees 103101
Wages £12,021,497£13,711,638

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 2023-12-312024-12-31
Gearing (liabilities / total assets) 8.7%41.2%
Current ratio 10.30x1.38x

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 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have determined that there are no foreseeable circumstances which would indicate that the Company could not continue to operate as a going concern for at least twelve months from the issuance of the financial statements.”

Group structure

  1. RIO TINTO MINING AND EXPLORATION LIMITED · parent
    1. Rio Tinto Exploration Kazakhstan LLP 100% · Kazakhstan
    2. Rio Tinto Exploration Zambia Limited 100% · Zambia
    3. Rio Tinto Mining and Exploration S.A.C. 100% · Peru
    4. Solwezi Metals Exploration Limited 100% · Zambia
    5. Sovereign Metals Limited 19.9% · Australia

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 44 resigned

Name Role Appointed Born Nationality
RIO TINTO SECRETARIAT LIMITED Corporate Secretary 2017-05-05
BESWICK, Jonathan Guy Director 2013-11-05 Feb 1967 British
BRACKNER, Daniel Linton Director 2018-12-21 Nov 1971 American
BRION, Arnaud Jean-François Christophe Director 2012-09-17 Sep 1969 French
TAINTON, Kenneth Melbourne, Dr Director 2010-01-01 May 1966 British
Show 44 resigned officers
Name Role Appointed Resigned
ALDRIDGE, Gemma Jane Constance Secretary 2010-04-01 2014-12-12
BELL, Keith Charles Secretary 1998-01-31 1998-02-18
DAY, Helen Christine Secretary 2014-12-12 2017-05-05
DOWDING, Roger Peter Secretary 1998-02-18 2010-03-31
LLOYD-DAVIS, Glynne Christian Secretary 1998-01-30
ALBANESE, Thomas Director 2004-09-10 2007-04-30
ALBANESE, Thomas Director 1995-07-31 1998-03-16
ALGAR, Clive Alfred Director 1995-10-19 1997-12-12
ANDREWS, Stephen John, Doctor Director 2001-10-19 2003-01-28
BAILEY, Donald Charles Director 1993-06-06
BAVIN, Julian Richard Frank Director 1998-03-16 2009-10-30
BUTTON, Thomas David Director 1996-09-30
COLLIER, John Director 1997-06-20
DAVIES, Michael John Director 1997-12-30
DE SILVA, Ashley Beverley Cyril Director 1995-06-06
ELDER, Thomas Gee Director 1995-07-31
FINLAYSON, Eric John Director 2007-04-01 2008-12-31
FINLAYSON, Eric John Director 2000-02-16 2001-10-19
FOX, Kevin Patrick Director 2009-10-30 2014-12-08
GOLDBERG, Gary John Director 1996-09-20 1998-08-26
HARRIS, Michael Oates, Dr Director 2004-12-31
HODGKINSON, Gary Keith Director 2013-11-01 2019-12-05
JOPLING, Stephen John Director 2005-12-31
KLINGNER, Geoffrey David, Dr Director 1997-11-06 2004-06-30
LAWTON, Charles Henry Huntley Director 1994-06-27 2008-04-25
LEDLIE, Ian Mcmaster Director 2003-01-28 2008-12-31
LENON, Christopher Director 1993-12-22 2008-12-08
LIGHTERNESS, Thomas John Director 1993-12-15
LOADER, Stefanie Eva Director 2007-01-01 2008-05-31
LUSH, Paul Jeffrey Director 1996-10-16
MACLEAN, John Kennedy Director 1993-10-11
MCINTOSH, Stephen Director 2005-04-01 2008-12-31
MCLAURIN, Alexander Neil Director 2004-12-31
MOODY, Timothy Charles Director 2005-01-01 2009-12-31
MORRISSEY, Christopher John, Dr Director 1997-12-30
MURCHISON, Mark Edward Director 2008-06-01 2011-05-09
PATTON, Thomas Charles Director 1996-05-15 1997-12-30
QUELLMANN, Ulf Director 2008-04-25 2013-11-05
RANDOLPH, Marcus Philip Director 1993-10-11 1996-03-27
RATNAGE, Ian Clay Director 1993-12-15 2008-04-25
SULLIVAN, Shane Anthony Director 2011-09-08 2018-12-21
TAYLOR, Robert Spencer, Dr Director 1997-10-01
WELTON, Christopher Michael Director 2011-01-28 2013-12-15
WELTON, Christopher Michael Director 2008-06-01 2009-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rio Tinto Metals Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 263 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-09-09 RP04SH01 Legacy
  • 2024-06-13 RP04SH01 Legacy PDF
  • 2024-06-05 RP04SH01 Legacy PDF
Date Type Category Description
2025-10-08 AA accounts Accounts with accounts type full
2025-09-09 RP04SH01 change-of-name Legacy
2025-08-28 SH01 capital Capital allotment shares
2025-06-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-07 AA accounts Accounts with accounts type full
2024-07-01 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-13 RP04SH01 change-of-name Legacy PDF
2024-06-05 RP04SH01 change-of-name Legacy PDF
2024-05-29 SH01 capital Capital allotment shares PDF
2024-05-22 SH01 capital Capital allotment shares
2024-01-09 DISS40 gazette Gazette filings brought up to date
2024-01-08 AA accounts Accounts with accounts type full
2023-11-28 GAZ1 gazette Gazette notice compulsory
2023-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-20 AA accounts Accounts with accounts type full
2022-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-05 AA accounts Accounts with accounts type full
2021-09-20 SH01 capital Capital allotment shares PDF
2021-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-06 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
3

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page