ARIANA EXPLORATION & DEVELOPMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-27 (in 3mo)
Last made up 2025-08-13
Watchouts
None on the register
Cash
£268K
-82% vs 2023
Net assets
£7M
-5.6% vs 2023
Employees
5
0% vs 2023
Profit before tax
-£223K
-113.5% vs 2023
Name history
Renamed 1 time since incorporation
- ARIANA EXPLORATION & DEVELOPMENT LIMITED 2005-05-27 → present
- ARIANA RESOURCES LIMITED 2002-08-13 → 2005-05-27
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£349,700 | -£411,048 | |
| Profit before tax | £1,648,415 | -£222,562 | |
| Net profit | £1,648,415 | -£222,562 | |
| Cash | £1,488,754 | £267,722 | |
| Total assets less current liabilities | £7,178,947 | £8,259,749 | |
| Net assets | £7,178,947 | £6,775,717 | |
| Equity | £7,178,947 | £6,775,717 | |
| Average employees | 5 | 5 | |
| Wages | £126,898 | £198,404 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -4.9% | -5.0% | |
| Gearing (liabilities / total assets) | 39.0% | 37.1% | |
| Current ratio | 0.35x | 0.24x | |
| Interest cover | -11.17x | -88.28x |
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
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis”
Group structure
- ARIANA EXPLORATION & DEVELOPMENT LIMITED · parent
- Portswood Resources Limited 100%
- Greater Pontides Exploration B V 100%
- Asgard Metals Pty Ltd 100%
- Western Tethyan Resources Ltd 76.36%
- Galata Mineral Madencılık San Ve Tic Ltd 100%
Significant events
- “In August 2025 Ariana completed a successful listing on the Australian Stock Exchange raising gross proceeds of £5.3m, enabling the group to continue with its operational plans”
- “On 8 November 2024, Ariana Resources Plc, together with its subsidiary Rockover Holdings Limited (as principal borrower) and various other subsidiaries including Ariana Exploration & Development Limited (AEDL), entered into a loan agreement with Riverfort Global Opportunities PCC Limited ("Riverfort"), securing a funding facility of US$5 million The loan carries an annual interest rate of 15% and matures on 8 November 2027 Riverfort's position is secured by a debenture registered at Companies House on 8 November 2024, granting fixed and floating charges over certain assets of Rockover Holdings Limited and the Co-Borrowers Ariana Resources Plc, AEDL, Asgard Metals Pty Ltd, and Canister Resources (Pvt) Limited”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE VILLIERS, Michael John | Secretary | 2009-01-06 | — | Other |
| PAYNE, William James Benedict | Director | 2015-09-28 | May 1965 | British |
| SENER, Ahmet Kerim, Dr | Director | 2002-08-13 | Jul 1976 | British |
| VILLIERS, Michael John De | Director | 2007-12-20 | Jan 1963 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POULTON, Steven James | Secretary | 2002-08-13 | 2007-04-01 |
| SENER, Ahmet Kerim, Dr | Secretary | 2007-04-01 | 2009-01-06 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-08-13 | 2002-08-13 |
| GRAINGER, Matthew Roy | Director | 2003-08-14 | 2006-09-07 |
| MORLEY, Paul Robin | Director | 2002-08-13 | 2004-06-29 |
| OSMAN, Richard Fekry | Director | 2003-09-20 | 2005-02-24 |
| POULTON, Steven James | Director | 2002-08-13 | 2007-04-01 |
| SPRIGGS, Michael Jeremy | Director | 2004-09-30 | 2013-09-16 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2002-08-13 | 2002-08-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ariana Resources Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 111 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-12-02 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type full | |
| 2022-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-02 | AA | accounts | Accounts with accounts type full | |
| 2021-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-25 | AA | accounts | Accounts with accounts type full | |
| 2020-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-04 | AUD | auditors | Auditors resignation company | |
| 2020-03-03 | AA | accounts | Accounts with accounts type small | |
| 2019-08-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-08-12 | CH01 | officers | Change person director company with change date | |
| 2019-07-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2019-03-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
—
Not reported
-
Cash
-82%
£1,488,754 £267,722
-
Net assets
-5.6%
£7,178,947 £6,775,717
-
Employees
0%
5 5
-
Operating profit
-17.5%
-£349,700 -£411,048
-
Profit before tax
-113.5%
£1,648,415 -£222,562
-
Wages
+56.3%
£126,898 £198,404
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