PALABORA EUROPE LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -74.1%

  £30,072,180 → £7,795,460

  lowest in 4 filed years

• Cash

  -36.7%

  £6,886,686 → £4,360,379

• Net assets

  -3.7%

  £11,463,606 → £11,042,699

• Employees

  -20%

  5 → 4

• Operating profit

  -62.5%

  £3,607,270 → £1,352,292

  lowest in 4 filed years

• Profit before tax

  -56.1%

  £3,675,102 → £1,613,184

  lowest in 4 filed years

• Wages

  -2.3%

  £300,896 → £293,939

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

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.

1. PALABORA EUROPE LIMITED 2000-08-01 → present
2. MANDOVAL LIMITED 1953-03-19 → 2000-08-01
3. MINERALS & OVERSEAS AGENCIES LIMITED 1944-11-10 → 1953-03-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

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. Based on the work we have performed, we have not identified any maternal uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for Issue.”

Group structure

1. PALABORA EUROPE LIMITED · parent
   1. Palabora America 100% · United States · Sale of vermiculite

Significant events

• “Sales during 2024 decreased by 64,072 tonnes on 2023 and a decrease in turnover of €25,616k on 2023 This decrease is due to Palabora Europe ending operations and these being taken over by the subsidiary of this company starting from May 2024.”
• “In January 2024 the directors made the decision to cease the sale of products in the company in the 2024 financial year The company's main operations will be integrated into the US subsidiary company and any remaining stock will be sold to them.”
• “In June 2025, Palabora Europe Limited approved a capital contribution to its subsidiary Palabora Global Inc consisting of $8 million of existing intercompany balances intended to meet the ongoing capital requirements and an additional $5 million as an increase in fixed asset investment”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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