MICROMINE LIMITED

• ⚠

  Material uncertainty over going concern

  The major part of the company's working capital requirements are provided by its parent, Micromine Australia Pty Limited, who has confirmed that it will not seek repayment of the net amount owed of £596,668 at the financial year end and will continue to provide financial support... The director has continued to adopt the going concern basis...notwithstanding that the company has net current liabilities of £1,460,390 and a shareholder's deficit of the amount £1,454,956 as at 30 June 2024.

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

  +39.8%

  £1,688,634 → £2,360,710

• Cash

  -4.3%

  £46,263 → £44,281

• Net assets

  +4.3%

  -£1,521,009 → -£1,454,956

• Employees

  +16.7%

  6 → 7

• Operating profit

  +16.7%

  £56,604 → £66,053

• Wages

  +41.5%

  £355,376 → £502,745

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The major part of the company's working capital requirements are provided by its parent, Micromine Australia Pty Limited, who has confirmed that it will not seek repayment of the net amount owed of £596,668 at the financial year end and will continue to provide financial support... The director has continued to adopt the going concern basis...notwithstanding that the company has net current liabilities of £1,460,390 and a shareholder's deficit of the amount £1,454,956 as at 30 June 2024.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

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