MINMETALS (U.K) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA Audit Services LLP

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 material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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

1. MINMETALS (U.K) LIMITED · parent
   1. Minmetals Iron & Steel UK Ltd. 100% · UK

Significant events

• “The Group's turnover has decreased from $1,034,608,019 in 2024 to $999,653,232 in 2025, mainly due to the. reduction in copper cathode trading business in 2025.”
• “There was profit after tax of $2,084,417 (2024: $11,666,631), the decline in profit was mainly due to the copper cathode market price remained stable in 2025 compared to 2024.”
• “The Group's financial position as per the balance sheet shows net assets of $57,056,648 (2024: $53,482,869) as at the end of the year.”
• “The Directors expect the general level of activity to remain consistent with 2025 in the forthcoming year. The Group will maintain its operations in the areas of its current principal activity and further expand our mineral business in the worldwide market.”

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

Filings

2

last 12 months

Capital events

0

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.

• Turnover

  -3.4%

  £1,034,608,019 → £999,653,232

• Cash

  +5.9%

  £32,664,001 → £34,586,772

• Net assets

  +6.7%

  £53,482,869 → £57,056,648

• Employees

  0%

  10 → 10

• Operating profit

  -71.4%

  £11,371,785 → £3,257,585

• Profit before tax

  -82%

  £14,931,046 → £2,683,203

• Wages

  -10.4%

  £2,055,048 → £1,841,876

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