KAZ MINERALS SERVICES LIMITED

1. KAZ MINERALS SERVICES LIMITED 2014-10-31 → present
2. KAZAKHMYS SERVICES LIMITED 2007-11-20 → 2014-10-31
3. KAZAKHMYS UK MANAGEMENT SERVICES LIMITED 2007-07-24 → 2007-11-20

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 101

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operation for the foreseeable future. Accordingly, the Board is satisfied that it is appropriate to adopt the going concern basis of accounting in the preparation of these financial statements.”

Group structure

1. KAZ MINERALS SERVICES LIMITED · parent
   1. KAZ Minerals One Limited 100% · England and Wales
   2. QAZ Minerals Limited 100% · England and Wales

Significant events

• “Following the acquisition of Nova Resources by KAZ Minerals International in 2023, the Group was headquartered in the United Arab Emirates in 2024. As a result, the management services provided by the Company are expected to reduce during 2025.”
• “On 27 February 2025, the Company reduced its share capital from £32,471 thousand to £325 thousand by reducing the nominal value of each ordinary share in the capital of the Company from £1.00 to £0.01. The share capital reduction created additional distributable reserves of £32,146 thousand.”
• “Sale proceedings have been initiated in relation to the advances included within other non-current assets (see note 10). The final sales price is not expected to be materially different to the carrying value.”

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

2

last 24 months

Officers appointed

1

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

  -10.1%

  £16,484,000 → £14,816,000

• Cash

  —

  Not reported

• Net assets

  +1.2%

  £75,776,000 → £76,680,000

• Employees

  -13.8%

  29 → 25

• Operating profit

  -22.1%

  £1,359,000 → £1,058,000

• Profit before tax

  -73.6%

  £2,672,000 → £706,000

• Wages

  +80.9%

  £3,292,000 → £5,956,000

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