MARULA MINING PLC

• ⚠

  Annual accounts overdue

  Due 2025-06-30.

• ⚠

  Material uncertainty over going concern

  This indicates that a material uncertainty exists that may cast significant doubt over the Group's ability to continue as a going concern and therefore their ability to realise their assets and discharge their liabilities in the normal course of business.

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

  —

  Not reported

• Cash

  -63.5%

  £100,316 → £36,592

• Net assets

  +2,248.5%

  £63,651 → £1,494,865

• Employees

  +50%

  4 → 6

• Operating profit

  -248.8%

  -£803,663 → -£2,803,436

• Profit before tax

  -294.5%

  -£803,467 → -£3,169,917

• Wages

  +120.8%

  £170,000 → £375,287

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

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. MARULA MINING PLC 2022-07-05 → present
2. ALL STAR MINERALS PLC 2006-01-27 → 2022-07-05
3. ESTELAR RESOURCES PLC 2001-06-05 → 2006-01-27

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“This indicates that a material uncertainty exists that may cast significant doubt over the Group's ability to continue as a going concern and therefore their ability to realise their assets and discharge their liabilities in the normal course of business.”

Group structure

1. MARULA MINING PLC · parent
   1. Marula Lithium Mining South Africa Pty Ltd 100% · South Africa · Mining and exploration
   2. South Africa Lithium and Tantalum Pty Ltd 100% · South Africa · Mining and exploration
   3. Muchai Mining (PVT) Limited 80% · Zimbabwe · Mining and exploration
   4. Muchai Mining Tanzania Limited 100% · Tanzania · Mining and exploration
   5. Muchai Mining Kenya Limited 100% · Kenya · Mining and exploration
   6. Future Gems Pty Limited 70% · South Africa · Mining and exploration

Significant events

• “Subsequent to year end, the Group acquired the following new projects in 2024: Kaalbeen West Tungsten Deposit (NCLT) Project.”
• “On 9 January 2024, the Company announced it had received notification for the exercise of warrants over 375,000 new ordinary shares in the Company at an exercise price of 4 pence per share providing the Company with proceeds of £15,000.”
• “On 15 January 2024, seven new Mining License Applications collectively made by Takela Mining Tanzania Limited and NyoriGreen Mining Limited at the Nyorinyori Graphite Project were granted.”
• “On 8 February 2024, the Company entered into an addendum to the £3,750,000 conditional subscription agreement with K2020273872 (South Africa) Proprietary Limited.”
• “On 19 March 2024, the Group signed a long term offtake agreement for its Blesberg site.”
• “On 5 August 2024, the Company announced the signing of a share sale and purchase agreement for the acquisition of an 80% stake in Agarwal Metals and Ores Limited (AMO), a Kenyan mineral processing company.”

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

Filings

9

last 12 months

Capital events

12

last 24 months

Officers appointed

1

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.