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Cash

£1M

+3.8% vs 2023

Net assets

£823M

+150% vs 2023

Employees

0

Average over period

Profit before tax

£609M

+355.6% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £133,432,172£599,444,033
Operating profit £133,425,500£599,438,844
Profit before tax £133,572,276£608,537,435
Net profit £133,572,276£545,278,725
Cash £1,214,233£1,260,193
Total assets less current liabilities £329,346,924£823,328,391
Net assets £329,346,924£823,328,391
Equity £329,346,924£823,328,391
Average employees 00
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 2023-12-312024-12-31
Operating margin 100.0%100.0%
Net margin 100.1%91.0%
Return on capital employed 40.5%72.8%
Gearing (liabilities / total assets) 53.8%27.4%
Current ratio 0.00x0.46x

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)
Going concern
Affirmed

“After making appropriate enquiries, the Directors consider that the Company has adequate resources to continue in operational existence for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements”

Group structure

  1. LOS PELAMBRES INVESTMENT COMPANY LIMITED · parent
    1. Inversiones Los Pelambres Chile Ltda 100% · Chile · Investment
    2. Minera Mulpun Limitada 100% · Chile · Mining
    3. Minera Los Pelambres SCM 60% · Chile · Mining
    4. Minera Centinela SCM 70% · Chile · Mining
    5. Minera Antucoya SCM 70% · Chile · Mining
    6. Antofagasta Minerals SA 100% · Chile · Mining
    7. Minera El Encierro SCM 61.9% · Chile · Mining
    8. Northern Minerals Investment (Jersey) Limited 100% · Jersey · Investment
    9. Northern Metals (UK) Limited 100% · UK · Investment
    10. Northern Minerals Holding Co 100% · USA · Investment
    11. Duluth Metals Limited 100% · Canada · Investment
    12. Twin Metals (UK) Limited 100% · UK · Investment
    13. Twin Metals (USA) Inc 100% · USA · Investment
    14. Twin Metals Minnesota LLC 100% · USA · Mining
    15. PINE BRANCH LLC 100% · USA · Mining
    16. Duluth Metals Holdings (USA) Inc 100% · USA · Investment
    17. Duluth Exploration (USA) Inc 100% · USA · Investment
    18. DMC LLC (Minnesota) 100% · USA · Investment
    19. DMC (USA) LLC (Delaware) 100% · USA · Investment
    20. DMC (USA) Corporation 100% · USA · Investment
    21. Antofagasta Investment Company Limited 100% · Jersey · Investment
    22. Minprop Limited 100% · Jersey · Mining
    23. Minera Anaconda Peru 100% · Peru · Mining
    24. Los Pelambres Investment Company Limited 100% · Jersey · Investment
    25. El Tesoro (SPV Bermuda) Limited 100% · Bermuda · Investment
    26. Antofagasta Minerals Canada 100% · Canada · Mining
    27. Andes Investments Company (Jersey) Limited 100% · Jersey · Investment
    28. Equatorial Resources SpA 100% · Chile · Investment
    29. Minera Santa Margarita de Astillas SCM 98.01% · Chile · Mining
    30. Minera Penacho Blanco SA 66.6% · Chile · Mining
    31. Michilla Costa SpA 99.9% · Chile · Logistics
    32. Energia Andina Geothermal SpA 100% · Chile · Energy
    33. MLP Transmision S A 100% · Chile · Mining

Significant events

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
MOURANT SECRETARIES (JERSEY) LIMITED Corporate Secretary 2015-09-03
ANDERSON, Julian Thomas Roddan Director 2023-05-04 Oct 1981 British
ORCHARD VERGARA, Rosario Director 2023-05-04 Apr 1982 Chilean
ORTIZ, Mauricio Esteban Director 2019-12-06 Sep 1979 Chilean
Show 2 resigned officers
Name Role Appointed Resigned
ATUCHA ABAD, Alfredo Felix Director 2015-09-03 2019-12-06
LINDSAY, Andrew Mark Director 2015-09-03 2023-05-04

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 21 total filings

Date Type Category Description
2025-12-22 AA accounts Accounts with accounts type full
2024-10-28 AA accounts Accounts with accounts type full
2024-07-16 OSTM01 officers Termination person director overseas company with name termination date
2024-07-16 OSAP01 officers Appoint person director overseas company with name appointment date
2024-07-16 OSAP01 officers Appoint person director overseas company with name appointment date
2023-11-27 AA accounts Accounts with accounts type full
2022-12-20 AA accounts Accounts with accounts type full
2021-09-09 AA accounts Accounts with accounts type full
2021-07-15 AA accounts Accounts with accounts type full
2021-06-24 OSCH01 other Change company details by uk establishment overseas company with change details
2020-05-29 OSTM01 officers Termination person director overseas company with name termination date
2020-05-29 OSAP01 officers Appoint person director overseas company with name appointment date
2020-01-08 AA accounts Accounts with accounts type full
2019-05-09 AA accounts Accounts with accounts type full
2018-05-29 OSCH06 officers Change corporate secretary overseas company with change date
2017-12-13 AA accounts Accounts with accounts type full
2017-01-18 AA accounts Accounts with accounts type full
2017-01-06 AA01 accounts Change account reference date company current shortened
2015-09-03 OS-PAR annual-return Appointment at registration of person authorised to represent
2015-09-03 OS-PAR annual-return Appointment at registration of person authorised to accept service

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page