ALIEN METALS LIMITED

• ⚠

  Material uncertainty over going concern

  Whilst the Directors are confident that they will be able to secure the necessary funding, the current conditions do indicate the existence of a material uncertainty that may cast doubt regarding the applicability of the going concern assumption and the auditors have referred to this in their audit report.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. ALIEN METALS LIMITED 2018-11-09 → present
2. ARIAN SILVER CORPORATION 2006-10-17 → 2018-11-09

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

UK-adopted International Accounting Standards

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Whilst the Directors are confident that they will be able to secure the necessary funding, the current conditions do indicate the existence of a material uncertainty that may cast doubt regarding the applicability of the going concern assumption and the auditors have referred to this in their audit report.”

Group structure

1. ALIEN METALS LIMITED · parent
   1. Arian Silver Corporation (UK) Ltd 100% · England and Wales · Holding
   2. Arian Silver (Holdings) Limited 100% · England and Wales · Holding
   3. A.C.N. 643 478 371 Pty Ltd 100% · Australia · Exploration
   4. Iron Ore Company of Australia Pty Ltd 100% · Australia · Exploration
   5. Alien Metals Australia Pty Ltd 100% · Australia · Exploration
   6. Malina Exploration Pty Ltd 100% · Australia · Exploration
   7. Compañia Minera Estrella de Plata S.A. de C.V. 100% · Mexico · Exploration

Significant events

• “Mining Lease Grant On 18 April 2024, Lease M47/1633 was granted, covering the iron one mineralisation at Hancock.”
• “Development Study: The February 2024 study confirmed the project's economic viabiity, with declared ore reserves and mineral resources capable of supporting a viable iron one mining operation.”
• “On 23 April 2025, the Company issued 65,443,000 shares in settlement of invoices in the amount of £57,635 for advisory services.”
• “On 19 May 2025, West Coast Silver Limited (WCE) shareholders approved the acquisition of 70% of the Elizabeth Hill Silver Project and Silver Mineral Rights.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -61.1%

  £426,983 → £166,049

• Net assets

  -5.9%

  £12,376,575 → £11,649,370

• Employees

  -50%

  4 → 2

• Operating profit

  +59.4%

  -£2,733,136 → -£1,109,711

• Profit before tax

  +58.2%

  -£2,758,340 → -£1,153,447

• Wages

  -73.3%

  £563,380 → £150,482

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