CAPRICORN RESOURCES PLC

1. CAPRICORN RESOURCES PLC 2002-12-06 → present
2. ZAC INVESTMENTS PLC 2002-12-05 → 2002-12-06

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Maxwell & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's cash resources at 31 December 2024, were £2,090, which are forecast to be sufficient to cover overheads for 2025. In addition, Brian Moritz, a director, has undertaken to provide further funds by way of loans, to directly settle the costs of the audit as he has done previously.”

Significant events

• “The Company has been dormant for some years. It is seeking to acquire a company carrying on business in mining and exploration for natural resources by way of a reverse takeover.”
• “The intention remains to undertake an IPO to finance the project in conjunction with a listing on the London Stock Exchange, either AIM or a full listing.”
• “The main geographical focus of the Company has primarily been Southern Africa. A coal mining project in the Mmamabula coalfield... remains a candidate, but its viability depends on the completion of the proposed Mmamabula to Lephalale rail link... funding for fossil fuel projects is currently difficult to obtain.”
• “Other Southern African project currently being discussed include a gold mining project in Democratic Republic of Congo, and a diamond mining project in Zimbabwe. Unfortunately, none of these projects can be considered to be close to fruition.”
• “The Directors also have good contacts in Romania and believe that a viable project might be available in that country.”
• “Any transaction will be subject to the approval of shareholders, to authorise the issue of the required shares, and also to satisfy the requirements of the Takeover Code.”

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

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

  —

  Not reported

• Cash

  -38.6%

  £3,406 → £2,090

• Net assets

  -23.2%

  -£14,126 → -£17,402

• Employees

  —

  Not reported

• Operating profit

  -7.7%

  -£3,043 → -£3,276

• Profit before tax

  -7.7%

  -£3,043 → -£3,276

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