BARRICK TZ LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-26 (in 8mo)
Last made up 2026-01-12
Watchouts
None on the register
Cash
£810K
-87.5% vs 2023
Net assets
£2B
-0.1% vs 2023
Employees
4
0% vs 2023
Profit before tax
-£2M
-100.2% vs 2023
Name history
Renamed 5 times since incorporation
- BARRICK TZ LIMITED 2019-09-19 → present
- ACACIA MINING LIMITED 2019-09-18 → 2019-09-19
- ACACIA MINING PLC 2014-11-26 → 2019-09-18
- AFRICAN BARRICK GOLD PLC 2010-03-12 → 2014-11-26
- AFRICAN BARRICK GOLD LIMITED 2010-02-17 → 2010-03-12
- BUK TOPCO LIMITED 2010-01-12 → 2010-02-17
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £989,913,269 | -£1,595,997 | |
| Profit before tax | £992,359,526 | -£1,594,514 | |
| Net profit | £992,105,263 | -£1,838,399 | |
| Cash | £6,484,062 | £810,230 | |
| Total assets less current liabilities | £1,648,477,391 | £1,646,638,992 | |
| Net assets | £1,648,477,391 | £1,646,638,992 | |
| Equity | £1,648,477,391 | £1,646,638,992 | |
| Average employees | 4 | 4 | |
| Wages | — | — |
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 | 60.1% | -0.1% | |
| Gearing (liabilities / total assets) | 13.8% | 13.4% | |
| Current ratio | 0.16x | 0.12x | |
| Interest cover | 667507.26x | -1076.19x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are confident that the Company will be able to continue operating on a going concern basis for the period of at least 12 months from the date of approval of the financial statements, based on a letter of support from the ultimate parent company, BGC, which will enable it to meet its capital expenditure and working capital requirements.”
Group structure
- BARRICK TZ LIMITED · parent
- BUK Holdco Ltd 100%
- Pangea Goldfields Inc 100%
- North Mara Holdings (UK) Limited 100%
- Bulyanhulu Holdings (UK) Limited 100%
- Buzwagi Holdings (UK) Limited 100%
- Barrick Tanzanian Holdings Ltd 100%
- Cayco Tz Ltd 100%
- BAPL Holding Ltd 100%
- Tusker Gold Limited 100%
- East African Gold Mines Pty Ltd 100%
- KMCL Holdings Ltd 100%
- Barrick Gold (Tanzania) Financing Limited 100%
- BUK East Africa Ltd 100%
- ABG Exploration Limited 100%
- Bulyanhulu Gold Mine Limited 84%
- North Mara Gold Mine Limited 84%
- Pangea Minerals Ltd 84%
- Wildsview Services (Pty) Ltd 100%
- Indago Autan (Pty) Ltd 100%
- IDG Aurum Tanzania Ltd 100%
- IDG Aurum Holdings Ltd 100%
- Sub-Sahara Resources Tanzania Ltd 100%
- Bulyanhulu Holding (Pty) Ltd 41%
- BUK Burkina Faso Ltd 100%
- Acacia Burkina Faso Exploration SARL 100%
Significant events
- “On 30 September 2023, a restructuring was undertaken whereby the shares in the Tanzanian operating mines, North Mara Gold Mine Limited, Bulyanhulu Gold Mine Limited and Pangea Minerals Limited, were sold to North Mara Holdings (UK) Limited, Bulyanhulu Holdings (UK) Limited and Buzwagi Holdings (UK) Limited respectively. The Company applied for an additional share in North Mara Holdings (UK) Limited at a premium of US$1,063.1 million and an additional share in Bulyanhulu Holdings (UK) Limited at a premium of US$280.9 million, settled by exchanging the related party receivables received as in-specie dividends on the same date.”
- “On 10 August 2023, the Directors resolved to cancel share premium of US$867,102,488 and credit this amount to distributable reserves.”
- “On 11 April 2025, North Mara Holdings (UK) Limited declared an interim dividend to Barrick TZ Limited. for US$180,384,750.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRICK GOLD (SECRETARIES) LIMITED | Corporate Secretary | 2019-09-17 | — | — |
| FERGUSON, James Richard | Director | 2020-11-30 | Jun 1970 | British |
| GALBRAITH, Stephen Robin | Director | 2010-01-19 | Jul 1971 | British |
| LAWSON, Ashleigh Joy | Director | 2026-02-28 | May 1982 | British |
| THIBAUD, Antoine Marie | Director | 2022-07-26 | Jul 1983 | French |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOGGS, Catherine Jean | Secretary | 2010-03-12 | 2010-11-01 |
| MERCER, David | Secretary | 2019-07-05 | 2019-09-17 |
| RICH, Laura Helen | Secretary | 2016-09-01 | 2017-02-10 |
| RITCHIE, Charles De Lancey | Secretary | 2017-02-10 | 2019-07-05 |
| WHITE, Katrina | Secretary | 2010-11-01 | 2016-08-31 |
| ASHWORTH, Alan Reid | Director | 2019-04-24 | 2019-09-17 |
| BOGGS, Catherine Jean | Director | 2010-01-12 | 2010-01-19 |
| BUCHANAN, Paul Andrew | Director | 2010-01-19 | 2010-02-15 |
| BURRARD-LUCAS, Stephen Charles | Director | 2013-10-24 | 2019-09-17 |
| CLOW, Graham George | Director | 2013-04-26 | 2016-04-21 |
| CROSS, James Havelock | Director | 2010-02-15 | 2012-03-08 |
| DUSHNISKY, Kelvin Paul Michael | Director | 2012-06-06 | 2018-08-31 |
| ENGLISH, Rachel June | Director | 2013-10-24 | 2019-09-17 |
| FALZON, Andre Roger | Director | 2010-02-15 | 2019-07-31 |
| GELETA, Peter | Director | 2018-01-01 | 2019-09-17 |
| GODSELL, Robert Michael | Director | 2010-02-15 | 2011-08-11 |
| GORDON, Bradley Austin | Director | 2013-08-21 | 2017-12-31 |
| GUDGEON, Deborah Jane | Director | 2019-04-24 | 2019-09-17 |
| HAWKINS, Gregory Paul | Director | 2010-02-15 | 2013-08-21 |
| HODGSON, David Lancaster | Director | 2011-10-19 | 2014-04-24 |
| JENNINGS, Kevin Patrick | Director | 2010-01-12 | 2013-04-18 |
| KENYON, John Michael | Director | 2010-02-15 | 2019-07-31 |
| MCCREARY, Richard Grant | Director | 2012-07-19 | 2014-08-31 |
| MWAPACHU, Juma Volter, Ambassador | Director | 2011-07-14 | 2017-07-13 |
| PANNELL, Derek George | Director | 2010-02-15 | 2013-04-18 |
| REGENT, Aaron William | Director | 2010-02-15 | 2012-06-06 |
| REYNOLDS, Adrian James | Director | 2019-04-24 | 2019-09-17 |
| SHUTTLEWORTH, Graham Patrick | Director | 2019-09-17 | 2026-02-28 |
| TOMSETT, Peter William | Director | 2013-04-26 | 2017-04-20 |
| WELSH, Martin Adam | Director | 2019-09-17 | 2022-07-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Barrick Mining Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-09-17 | Active |
Filing timeline
Last 20 of 163 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-08-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-06 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-08-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-08-14 | SH20 | capital | Legacy | |
| 2023-08-14 | CAP-SS | insolvency | Legacy | |
| 2023-08-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
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
-87.5%
£6,484,062 £810,230
-
Net assets
-0.1%
£1,648,477,391 £1,646,638,992
-
Employees
0%
4 4
-
Operating profit
-100.2%
£989,913,269 -£1,595,997
-
Profit before tax
-100.2%
£992,359,526 -£1,594,514
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