VSA CAPITAL LIMITED

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

• Turnover

  +47.4%

  £1,887,528 → £2,782,701

• Cash

  -45.3%

  £204,703 → £111,887

  lowest in 4 filed years

• Net assets

  +53.1%

  £656,544 → £1,004,859

• Employees

  -10.5%

  19 → 17

• Operating profit

  +156.9%

  -£699,258 → £398,082

• Profit before tax

  +114.6%

  -£2,455,255 → £358,231

• Wages

  -20%

  £1,527,505 → £1,221,694

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. VSA CAPITAL LIMITED 2007-09-25 → present
2. VSA RESOURCES LIMITED 2002-09-16 → 2007-09-25
3. VOADEN SANDBROOK ASSOCIATES RESOURCES LIMITED 2002-09-13 → 2002-09-16
4. DAVID WILLIAMSON ASSOCIATES LIMITED 1989-11-03 → 2002-09-13
5. DAVID WILLIAMSON AND ASSOCIATES LIMITED 1989-07-19 → 1989-11-03

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Hilden Park Accountants 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 material 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. VSA CAPITAL LIMITED · parent
   1. Shanghai Mining Club Limited 40% · providing services to mining companies internationally
   2. Pure Reports Limited 100%

Significant events

• “Raising £56m for Invinity Energy Systems last May and bring in the National Wealth Fund”
• “transformational deal for Prospex Energy and brought in Heyco Energy as a partner in a £5m raise”
• “brought Caterpillar in to help fund Equipmake and be a long-term partner”
• “Drakewood Capital decided to take a 20% stake in VSA at the end of the summer.”
• “Commodity prices are moving up led by gold which peaked at $3,500, which didn't surprise us, but did surprise most people. Critical Metals and Minor Metals are also moving although not all. Tungsten, which has been a favourite of ours has risen about 50% in the last year.”

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

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.