JAVELIN GLOBAL COMMODITIES SERVICES LTD

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

Consolidated group

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the next 12 months from the date of signing these financial statements. As such, the directors continue to adopt the going concern basis of accounting in preparing the annual consolidated statements. The Group has made a profit of $104.8 million (31st December 2023: $111.0 million) and has positive reserves of $938.6 million (31st December 2023: $840.0 million). The company has made a profit of $54.1 million (31st December 2023: $9.0 million) and has positive reserves of $66.6 million (31st December 2023: $18.8 million). At 31 December 2024 and the date of this report, the Group held significant cash and cash equivalents to which it has free access. In projections that extend to a year from approval of these financial statements, the Group would still have sufficient funds to continue as a going concern. Subsequent to year-end, the Group continues to be profitable, and the directors anticipate that the Group will be profitable in the foreseeable future.”

Group structure

1. JAVELIN GLOBAL COMMODITIES SERVICES LTD · parent
   1. Javelin Global Commodities (UK) Limited 100% · United Kingdom · Trading
   2. Javelin Private Capital Group LLC 100% · United States · Advisory
   3. Javelin Global Commodities Trading India Private Limited 99% · India · Back-office support function
   4. Javelin International Trading (Shanghai) Ltd 100% · China · Marketing
   5. Javelin International Trading LLC 100% · Dubai · Marketing
   6. Cumberland Renewable LLC 50% · United States · Renewables

Significant events

• “Javelin Giving donated $175,226 to these charities in 2024.”
• “At 31 December 2024, the Group has contracted capital expenditure in relation to mining equipment of $4.5 million (2023: $2.0 million).”
• “The Group is also exposed to a contingent liability relating to interest accrued at a rate of 3% per annum on an accounts payable balance which is disputed by the Group. In addition to its defences to the principal amount of the claim, the Group has asserted further, separate defences to the claim for interest.”
• “On 14 March 2025 the Company paid a dividend of $3 million to the holders of A-2 Ordinary shares in accordance with their rights under the Articles.”

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

Filings

7

last 12 months

Capital events

14

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

  +13.9%

  £897,141,586 → £1,021,617,494

• Cash

  -39.5%

  £527,472,943 → £319,260,934

• Net assets

  +11.7%

  £622,678,280 → £695,749,444

• Employees

  —

  Not reported

• Operating profit

  -4%

  £113,665,678 → £109,080,801

• Profit before tax

  +6%

  £108,971,831 → £115,534,470

• Wages

  +50.8%

  £37,464,047 → £56,508,525

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