TIANQI LITHIUM ENERGY AUSTRALIA PTY LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-09 (in 11mo)
Last made up 2026-03-26
Watchouts
None on the register
Cash
£616M
-39.6% vs 2023
Net assets
£5B
-10.5% vs 2023
Employees
—
Average over period
Profit before tax
£46M
-98.8% vs 2023
Name history
Renamed 1 time since incorporation
- TIANQI LITHIUM ENERGY AUSTRALIA PTY LTD 2020-12-06 → present
- TIANQI UK LIMITED 2014-03-26 → 2020-12-06
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 | £4,418,165,265 | £1,423,237,466 | |
| Operating profit | £3,680,513,381 | £206,400,000 | |
| Profit before tax | £3,960,931,731 | £45,868,050 | |
| Net profit | £2,801,107,045 | -£96,163,626 | |
| Cash | £1,019,167,668 | £615,524,522 | |
| Total assets less current liabilities | £7,461,409,285 | £7,047,002,403 | |
| Net assets | £6,112,026,543 | £5,468,164,719 | |
| Equity | £6,112,026,543 | £5,468,164,719 | |
| Average employees | — | — | |
| Wages | £114,536,537 | £136,789,077 |
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 |
|---|---|---|---|
| Operating margin | 83.3% | 14.5% | |
| Net margin | 63.4% | -6.8% | |
| Return on capital employed | 49.3% | 2.9% | |
| Gearing (liabilities / total assets) | 25.4% | 28.0% | |
| Current ratio | 2.94x | 2.55x | |
| Interest cover | 61.25x | 3.15x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- KPMG Huazhen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- TIANQI LITHIUM ENERGY AUSTRALIA PTY LTD · parent
- Windfield Holdings Pty Ltd 51%
- Talison Lithium Pty Ltd 51%
- Talison Lithium Australia Pty Ltd 51%
- Talison Lithium (Canada) Inc 51%
- Inversiones S.L.I. Chile Limitada 51%
- Tianqi Lithium Kwinana Pty Ltd 51%
- Tianqi Lithium Australia Pty Ltd 100%
- Tianqi Lithium Holdings Pty Ltd 100%
- Tianqi Lithium Australia Investments 1 Pty Ltd 100%
- Tianqi Lithium Australia Investments 2 Pty Ltd 100%
- Tianqi Lithium Energy Australia Pty Ltd 51%
- Tianqi Lithium UK Limited 51%
Significant events
- “On 23 January 2025, the shareholders of the Company approved a circular resolution to approve the cessation of all works and activities (excluding preservation) in connection with the second train of the lithium hydroxide processing plant of Tianqi Lithium Kwinana Pty Ltd (TLK).”
- “On 18 February 2025, the Company signed a shareholder loan facility agreement with Tianqi Lithium Corporation (TLC), whereby TLC will provide a USD 40 million facility to the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2014-05-14 | — | — |
| CLARKE, James William | Director | 2021-12-10 | Apr 1985 | Australian |
| HA, Frank | Director | 2021-06-30 | Jun 1972 | Hong Konger |
| SALT, Brett John Robert | Director | 2024-07-23 | May 1975 | Australian |
| VELLA, Ivan Mark | Director | 2024-01-12 | Sep 1975 | Australian |
| YU WAY, Sze Too | Director | 2024-02-18 | Jan 1977 | Malaysian |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARTHUR, Roy Neil | Director | 2014-05-14 | 2016-12-31 |
| BRADFORD, Peter John Luckhurst | Director | 2021-06-30 | 2022-10-15 |
| CHESHIRE, Vincent | Director | 2020-03-31 | 2020-11-02 |
| DUSCI, Matthew Eugene | Director | 2021-06-30 | 2024-07-23 |
| JIANG, Anqi | Director | 2021-06-30 | 2024-02-18 |
| JUN, Zou | Director | 2020-09-03 | 2021-06-30 |
| NORTON, Stephen William Spencer | Director | 2016-12-20 | 2020-03-31 |
| NOSSAL, Michael | Director | 2022-10-25 | 2024-01-12 |
| SURENDRAN, Raj Kumar | Director | 2020-09-03 | 2021-06-30 |
| WU, Wei | Director | 2014-03-26 | 2020-09-03 |
| YAN, Dong | Director | 2020-11-02 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Weiping Jiang | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-08-18 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-18 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-27 | CH01 | officers | Change person director company with change date | |
| 2024-03-27 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-15 | AA | accounts | Accounts with accounts type full | |
| 2023-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-04 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-08-04 | SH20 | capital | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
-67.8%
£4,418,165,265 £1,423,237,466
-
Cash
-39.6%
£1,019,167,668 £615,524,522
-
Net assets
-10.5%
£6,112,026,543 £5,468,164,719
-
Employees
—
Not reported
-
Operating profit
-94.4%
£3,680,513,381 £206,400,000
-
Profit before tax
-98.8%
£3,960,931,731 £45,868,050
-
Wages
+19.4%
£114,536,537 £136,789,077
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