RIDGE MINING LIMITED

• ⚠

  Material uncertainty over going concern

  The Director has determined to transfer the Company's assets to another entity in the near future and to liquidate the Company following the transfer, and therefore, do not consider the Company to be a going concern. Accordingly, the financial statements have been drawn up to include all assets at the amounts expected to be recoverable from their use or eventual disposal and to make provision for all liabilities expected to arise as a result of the proposed liquidation. As explained in note 1.1 to the financial statements, the Director does not believe the going concern basis to be appropriate and, in consequence, these financial statements have not been prepare on that basis.

1. RIDGE MINING LIMITED 2009-07-30 → present
2. RIDGE MINING PLC 2004-05-05 → 2009-07-30
3. CLUFF MINING PLC 1998-05-15 → 2004-05-05
4. PRECIS (1624) LIMITED 1998-04-20 → 1998-05-15

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

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Director has determined to transfer the Company's assets to another entity in the near future and to liquidate the Company following the transfer, and therefore, do not consider the Company to be a going concern. Accordingly, the financial statements have been drawn up to include all assets at the amounts expected to be recoverable from their use or eventual disposal and to make provision for all liabilities expected to arise as a result of the proposed liquidation. As explained in note 1.1 to the financial statements, the Director does not believe the going concern basis to be appropriate and, in consequence, these financial statements have not been prepare on that basis.”

Group structure

1. RIDGE MINING LIMITED · parent
   1. Ridge Mining (UK) Limited 100% · UK · Dormant
   2. Ridge Mining (Bermuda) Limited 0% · Bermuda · Holding
   3. Ridge Mining Proprietary Limited 100% · South Africa · Holding
   4. Ridge Mining Services Proprietary Limited 100% · South Africa · Dormant
   5. Braggite Resources Proprietary Limited 100% · South Africa · Dormant

Significant events

• “There were no events that could have a material impact on the financial results of the Company after 31 March 2025 until the date of approval of the annual financial statements.”

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

Filings

3

last 12 months

Capital events

8

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.