KAZ MINERALS SALES LIMITED

1. KAZ MINERALS SALES LIMITED 2014-10-31 → present
2. KAZAKHMYS SALES LIMITED 2007-11-20 → 2014-10-31
3. KAZAKHMYS UK SALES 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

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 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. KAZ MINERALS SALES LIMITED · parent
   1. KAZ Minerals Marketing and Logistics Limited 100% · Hong Kong · provided services under a sales agreement, including, where appropriate, maintaining customer relationships and logistics, up until the end of 2016. The company became dormant, entered a Members Voluntary Liquidation process and was dissolved on 23 November 2023.

Significant events

• “On 27 February 2025, the Company reduced its share capital from $50 million to $1 million by reducing the nominal value of each ordinary share in the capital of the Company from GBP 1.00 to GBP 0.01. The share capital reduction created additional distributable reserves of $499 million.”
• “In the period from January 2025 to the date of approval of these financial statements, the Company declared dividends of $125 million or 363.9 US cents per share.”
• “In the period from January 2025 to the date of approval of these financial statements, the Company received principal repayments of $708 million and interest repayments of $22 million from KAZ Minerals Investments Limited, fully settling this facility (see note 11).”
• “In May 2025, the Company entered into a $150 million intercompany loan facility with its intermediate parent, KAZ Minerals International, for general corporate purposes. The facility is repayable by 31 December 2026 and accrues interest at 8%. In June 2025, the Company made advances of $100 million, which were fully settled immediately.”

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

Filings

4

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

  -34%

  £2,950,333,580 → £1,945,885,841

• Cash

  -49.3%

  £153,446,998 → £77,835,434

• Net assets

  -16.8%

  £114,899,926 → £95,626,390

• Employees

  —

  Not reported

• Operating profit

  -40.6%

  £149,740,549 → £88,954,781

• Profit before tax

  -23.4%

  £215,715,345 → £165,307,635

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